Dover Statistics
Total Valuation
Dover has a market cap or net worth of $24.75 billion. The enterprise value is $27.76 billion.
| Market Cap | 24.75B |
| Enterprise Value | 27.76B |
Important Dates
The last earnings date was Thursday, April 25, 2024, before market open.
| Earnings Date | Apr 25, 2024 |
| Ex-Dividend Date | Feb 28, 2024 |
Share Statistics
Dover has 137.38 million shares outstanding. The number of shares has decreased by -0.53% in one year.
| Shares Outstanding | 137.38M |
| Shares Change (YoY) | -0.53% |
| Shares Change (QoQ) | -0.51% |
| Owned by Insiders (%) | 0.42% |
| Owned by Institutions (%) | 88.23% |
| Float | n/a |
Valuation Ratios
The trailing PE ratio is 17.31 and the forward PE ratio is 19.42. Dover's PEG ratio is 1.27.
| PE Ratio | 17.31 |
| Forward PE | 19.42 |
| PS Ratio | 2.93 |
| Forward PS | 2.85 |
| PB Ratio | 4.80 |
| P/FCF Ratio | 23.02 |
| PEG Ratio | 1.27 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 12.39, with an EV/FCF ratio of 25.82.
| EV / Earnings | 19.01 |
| EV / Sales | 3.28 |
| EV / EBITDA | 12.39 |
| EV / EBIT | 14.49 |
| EV / FCF | 25.82 |
Financial Position
The company has a current ratio of 1.31, with a Debt / Equity ratio of 0.77.
| Current Ratio | 1.31 |
| Quick Ratio | 0.82 |
| Debt / Equity | 0.77 |
| Debt / EBITDA | 1.76 |
| Debt / FCF | 3.67 |
| Interest Coverage | 14.36 |
Financial Efficiency
Return on equity (ROE) is 29.60% and return on invested capital (ROIC) is 12.12%.
| Return on Equity (ROE) | 29.60% |
| Return on Assets (ROA) | 13.00% |
| Return on Capital (ROIC) | 12.12% |
| Revenue Per Employee | $338,122 |
| Profits Per Employee | $58,419 |
| Employee Count | 25,000 |
| Asset Turnover | 0.75 |
| Inventory Turnover | 4.04 |
Taxes
In the past 12 months, Dover has paid $322.12 million in taxes.
| Income Tax | 322.12M |
| Effective Tax Rate | 18.07% |
Stock Price Statistics
The stock price has increased by +27.95% in the last 52 weeks. The beta is 1.27, so Dover's price volatility has been higher than the market average.
| Beta (1Y) | 1.27 |
| 52-Week Price Change | +27.95% |
| 50-Day Moving Average | 171.46 |
| 200-Day Moving Average | 150.92 |
| Relative Strength Index (RSI) | 66.63 |
| Average Volume (30 Days) | 1,020,195 |
Short Selling Information
The latest short interest is 3.27 million, so 2.38% of the outstanding shares have been sold short.
| Short Interest | 3.27M |
| Short Previous Month | 4.76M |
| Short % of Shares Out | 2.38% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 3.53 |
Income Statement
In the last 12 months, Dover had revenue of $8.45 billion and earned $1.46 billion in profits. Earnings per share was $10.41.
| Revenue | 8.45B |
| Gross Profit | 3.09B |
| Operating Income | 1.35B |
| Pretax Income | 1.78B |
| Net Income | 1.46B |
| EBITDA | 2.24B |
| EBIT | 1.92B |
| Earnings Per Share (EPS) | $10.41 |
Balance Sheet
The company has $929.95 million in cash and $3.94 billion in debt, giving a net cash position of -$3.01 billion or -$21.93 per share.
| Cash & Cash Equivalents | 929.95M |
| Total Debt | 3.94B |
| Net Cash | -3.01B |
| Net Cash Per Share | -$21.93 |
| Equity / Book Value | 5.15B |
| Book Value Per Share | 37.51 |
| Working Capital | 925.51M |
Cash Flow
In the last 12 months, operating cash flow was $1.26 billion and capital expenditures -$186.47 million, giving a free cash flow of $1.08 billion.
| Operating Cash Flow | 1.26B |
| Capital Expenditures | -186.47M |
| Free Cash Flow | 1.08B |
| FCF Per Share | $7.73 |
Margins
Gross margin is 36.61%, with operating and profit margins of 15.92% and 17.28%.
| Gross Margin | 36.61% |
| Operating Margin | 15.92% |
| Pretax Margin | 21.09% |
| Profit Margin | 17.28% |
| EBITDA Margin | 26.50% |
| EBIT Margin | 22.67% |
| FCF Margin | 12.72% |
Dividends & Yields
This stock pays an annual dividend of $2.04, which amounts to a dividend yield of 1.13%.
| Dividend Per Share | $2.04 |
| Dividend Yield | 1.13% |
| Dividend Growth (YoY) | 0.99% |
| Years of Dividend Growth | 69 |
| Payout Ratio | 19.60% |
| Buyback Yield | 0.53% |
| Shareholder Yield | 1.66% |
| Earnings Yield | 5.90% |
| FCF Yield | 4.34% |
Analyst Forecast
The average price target for Dover is $182.27, which is 1.17% higher than the current price. The consensus rating is "Buy".
| Price Target | $182.27 |
| Price Target Difference | 1.17% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on May 9, 2018. It was a forward split with a ratio of 1238:1000.
| Last Split Date | May 9, 2018 |
| Split Type | Forward |
| Split Ratio | 1238:1000 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |