Dover Statistics
Total Valuation
Dover has a market cap or net worth of $25.97 billion. The enterprise value is $28.97 billion.
| Market Cap | 25.97B |
| Enterprise Value | 28.97B |
Important Dates
The next estimated earnings date is Thursday, January 30, 2025, before market open.
| Earnings Date | Jan 30, 2025 |
| Ex-Dividend Date | Nov 29, 2024 |
Share Statistics
Dover has 137.19 million shares outstanding. The number of shares has decreased by -1.04% in one year.
| Current Share Class | 137.19M |
| Shares Outstanding | 137.19M |
| Shares Change (YoY) | -1.04% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 0.37% |
| Owned by Institutions (%) | 86.88% |
| Float | 136.51M |
Valuation Ratios
The trailing PE ratio is 17.19 and the forward PE ratio is 20.90. Dover's PEG ratio is 2.39.
| PE Ratio | 17.19 |
| Forward PE | 20.90 |
| PS Ratio | 3.09 |
| Forward PS | 3.18 |
| PB Ratio | 4.56 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 23.75 |
| P/OCF Ratio | 20.39 |
| PEG Ratio | 2.39 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 16.40, with an EV/FCF ratio of 26.50.
| EV / Earnings | 18.60 |
| EV / Sales | 3.42 |
| EV / EBITDA | 16.40 |
| EV / EBIT | 20.33 |
| EV / FCF | 26.50 |
Financial Position
The company has a current ratio of 1.57, with a Debt / Equity ratio of 0.59.
| Current Ratio | 1.57 |
| Quick Ratio | 0.76 |
| Debt / Equity | 0.59 |
| Debt / EBITDA | 1.83 |
| Debt / FCF | 3.10 |
| Interest Coverage | 10.65 |
Financial Efficiency
Return on equity (ROE) is 29.11% and return on invested capital (ROIC) is 10.43%.
| Return on Equity (ROE) | 29.11% |
| Return on Assets (ROA) | 7.85% |
| Return on Capital (ROIC) | 10.43% |
| Revenue Per Employee | $338,981 |
| Profits Per Employee | $62,296 |
| Employee Count | 25,000 |
| Asset Turnover | 0.75 |
| Inventory Turnover | 4.24 |
Taxes
In the past 12 months, Dover has paid $347.32 million in taxes.
| Income Tax | 347.32M |
| Effective Tax Rate | 18.47% |
Stock Price Statistics
The stock price has increased by +23.46% in the last 52 weeks. The beta is 1.22, so Dover's price volatility has been higher than the market average.
| Beta (5Y) | 1.22 |
| 52-Week Price Change | +23.46% |
| 50-Day Moving Average | 197.53 |
| 200-Day Moving Average | 184.77 |
| Relative Strength Index (RSI) | 27.40 |
| Average Volume (20 Days) | 724,598 |
Short Selling Information
The latest short interest is 1.65 million, so 1.20% of the outstanding shares have been sold short.
| Short Interest | 1.65M |
| Short Previous Month | 1.32M |
| Short % of Shares Out | 1.20% |
| Short % of Float | 1.21% |
| Short Ratio (days to cover) | 2.36 |
Income Statement
In the last 12 months, Dover had revenue of $8.47 billion and earned $1.56 billion in profits. Earnings per share was $11.19.
| Revenue | 8.47B |
| Gross Profit | 3.18B |
| Operating Income | 1.42B |
| Pretax Income | 1.84B |
| Net Income | 1.56B |
| EBITDA | 1.77B |
| EBIT | 1.42B |
| Earnings Per Share (EPS) | $11.19 |
Balance Sheet
The company has $386.77 million in cash and $3.39 billion in debt, giving a net cash position of -$3.00 billion or -$21.87 per share.
| Cash & Cash Equivalents | 386.77M |
| Total Debt | 3.39B |
| Net Cash | -3.00B |
| Net Cash Per Share | -$21.87 |
| Equity (Book Value) | 5.70B |
| Book Value Per Share | 41.53 |
| Working Capital | 1.36B |
Cash Flow
In the last 12 months, operating cash flow was $1.27 billion and capital expenditures -$180.09 million, giving a free cash flow of $1.09 billion.
| Operating Cash Flow | 1.27B |
| Capital Expenditures | -180.09M |
| Free Cash Flow | 1.09B |
| FCF Per Share | $7.97 |
Margins
Gross margin is 37.58%, with operating and profit margins of 16.81% and 18.38%.
| Gross Margin | 37.58% |
| Operating Margin | 16.81% |
| Pretax Margin | 22.18% |
| Profit Margin | 18.38% |
| EBITDA Margin | 20.84% |
| EBIT Margin | 16.81% |
| FCF Margin | 12.90% |
Dividends & Yields
This stock pays an annual dividend of $2.08, which amounts to a dividend yield of 1.10%.
| Dividend Per Share | $2.08 |
| Dividend Yield | 1.10% |
| Dividend Growth (YoY) | 0.98% |
| Years of Dividend Growth | 69 |
| Payout Ratio | 18.59% |
| Buyback Yield | 1.04% |
| Shareholder Yield | 2.14% |
| Earnings Yield | 6.00% |
| FCF Yield | 4.21% |
Analyst Forecast
The average price target for Dover is $212.83, which is 12.45% higher than the current price. The consensus rating is "Buy".
| Price Target | $212.83 |
| Price Target Difference | 12.45% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
| Revenue Growth Forecast (5Y) | 1.86% |
| EPS Growth Forecast (5Y) | 12.44% |
Stock Splits
The last stock split was on December 16, 1997. It was a forward split with a ratio of 2:1.
| Last Split Date | Dec 16, 1997 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
Dover has an Altman Z-Score of 4.87 and a Piotroski F-Score of 5.
| Altman Z-Score | 4.87 |
| Piotroski F-Score | 5 |