Dover Financials

DOV Stock  USD 204.74  2.25  1.11%   
Based on the analysis of Dover's profitability, liquidity, and operating efficiency, Dover may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Dover's Total Permanent Equity is fairly stable compared to the past year. Additional Paid In Capital is likely to climb to about 1.1 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 500.6 M in 2024. Key indicators impacting Dover's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.06940.1252
Way Down
Pretty Stable
Return On Assets0.09720.0931
Sufficiently Up
Very volatile
Return On Equity0.140.207
Way Down
Slightly volatile
Debt Equity Ratio0.430.6776
Way Down
Slightly volatile
Operating Income763.3 M1.4 B
Way Down
Pretty Stable
Current Ratio1.751.4045
Fairly Up
Slightly volatile
Investors should never underestimate Dover's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Dover's cash flow, debt, and profitability to make informed and accurate decisions about investing in Dover.

Cash And Equivalents

362.97 Million

  
Understanding current and past Dover Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Dover's financial statements are interrelated, with each one affecting the others. For example, an increase in Dover's assets may result in an increase in income on the income statement.

Dover Earnings Geography

Please note, the imprecision that can be found in Dover's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Dover. Check Dover's Beneish M Score to see the likelihood of Dover's management manipulating its earnings.

Dover Stock Summary

Dover competes with Morningstar Unconstrained, High-yield Municipal, Thrivent High, Via Renewables, and T Rowe. Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company was incorporated in 1947 and is headquartered in Downers Grove, Illinois. Dover Corp operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 25000 people.
Foreign Associate
  Germany
Specialization
Industrials, Specialty Industrial Machinery
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS2600031080
CUSIP260003108
LocationIllinois; U.S.A
Business Address3005 Highland Parkway,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.dovercorporation.com
Phone630 541 1540
CurrencyUSD - US Dollar

Dover Key Financial Ratios

Dover Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets8.7B9.2B10.4B10.9B11.3B6.5B
Other Current Liab637.9M651.2M658.4M604.6M658.5M500.6M
Net Debt2.7B2.6B2.7B3.3B3.3B3.4B
Retained Earnings8.2B8.6B9.4B10.2B11.0B11.5B
Cash397.3M513.1M385.5M380.9M398.6M403.0M
Net Receivables1.2B1.1B1.3B1.5B1.4B958.3M
Inventory806.1M835.8M1.2B1.4B1.2B702.4M
Other Current Assets127.8M133.1M137.6M159.1M334.2M350.9M
Total Liab5.6B5.8B6.2B6.6B6.2B3.5B
Total Current Assets2.5B2.6B3.1B3.4B3.4B2.2B
Short Term Debt84.7M48.8M148.8M778.4M517.1M318.1M
Intangible Assets1.1B1.1B1.4B1.3B1.5B1.2B
Accounts Payable983.3M853.9M1.1B1.1B958.5M549.0M
Common Stock258.6M259.0M259.5M259.6M259.8M274.4M
Other Liab771.8M918.7M945.0M722.4M830.8M712.8M
Other Assets285.3M479.2M44.3M624.1M717.7M391.5M
Long Term Debt3.0B3.1B3.0B2.9B3.0B2.3B
Good Will3.8B4.1B4.6B4.7B4.9B3.8B
Treasury Stock(6.1B)(6.2B)(6.2B)(6.8B)(6.1B)(5.8B)
Net Tangible Assets(1.8B)(1.8B)(1.7B)(1.7B)(1.5B)(1.6B)

Dover Key Income Statement Accounts

The reason investors look at the income statement is to determine what Dover's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense125.8M111.9M106.3M116.5M131.3M137.9M
Total Revenue7.1B6.7B7.9B8.5B8.4B5.8B
Gross Profit2.6B2.5B3.0B3.1B3.1B2.1B
Operating Income974.9M933.0M1.3B1.4B1.4B763.3M
Ebit1.3B953.7M1.5B1.4B1.4B799.5M
Ebitda1.3B1.2B1.8B1.7B1.4B979.8M
Cost Of Revenue4.5B4.2B4.9B5.4B5.4B3.7B
Income Before Tax843.0M841.7M1.4B1.3B1.3B710.0M
Net Income677.9M683.5M1.1B1.1B1.1B545.1M
Income Tax Expense165.1M158.3M277.0M222.1M213.2M179.3M
Research Development141.0M142.1M157.8M163.3M153.1M126.5M
Tax Provision165.1M158.3M277.0M244.7M240.0M215.9M
Interest Income4.5M3.6M101.9M112.0M10.0M9.5M
Extraordinary Items115.9M(16.7M)0.022.6M20.3M19.3M
Net Interest Income(121.3M)(108.4M)(101.9M)(112.0M)(123.5M)(129.7M)

Dover Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(56.9M)10.5M(297.6M)(199.0M)145.5M152.7M
Change In Cash1.0M115.8M(127.6M)(4.6M)35.0M36.7M
Free Cash Flow758.5M939.1M944.4M584.8M1.1B611.2M
Depreciation272.3M279.1M290.1M307.5M317.5M244.3M
Other Non Cash Items61.0M629K(172.4M)15.2M(19.9M)(20.9M)
Dividends Paid282.2M284.3M286.9M287.6M284.3M180.3M
Capital Expenditures186.8M165.7M171.5M221.0M192.6M200.5M
Net Income677.9M683.5M1.1B1.1B1.1B596.0M
End Period Cash Flow397.3M513.1M385.5M380.9M415.9M428.8M
Change To Netincome29.5M12.5M(189.6M)11.3M10.2M10.7M
Investments(384.3M)(481.4M)(992.8M)(540.9M)(275.1M)(288.9M)
Change Receivables(7.9M)122.4M(201.5M)(209.0M)(188.1M)(178.7M)
Net Borrowings(93.3M)(84.7M)105M629.9M566.9M595.2M

Dover Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Dover's current stock value. Our valuation model uses many indicators to compare Dover value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dover competition to find correlations between indicators driving Dover's intrinsic value. More Info.
Dover is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about  0.27  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Dover is roughly  3.71 . At this time, Dover's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Dover by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Dover Systematic Risk

Dover's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Dover volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Dover correlated with the market. If Beta is less than 0 Dover generally moves in the opposite direction as compared to the market. If Dover Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Dover is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Dover is generally in the same direction as the market. If Beta > 1 Dover moves generally in the same direction as, but more than the movement of the benchmark.

Dover Thematic Clasifications

Dover is part of several thematic ideas from Machinery to ESG Investing. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Dover Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Dover's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Dover growth as a starting point in their analysis.

Price Earnings To Growth Ratio

17.74

At this time, Dover's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Dover November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Dover help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Dover. We use our internally-developed statistical techniques to arrive at the intrinsic value of Dover based on widely used predictive technical indicators. In general, we focus on analyzing Dover Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Dover's daily price indicators and compare them against related drivers.

Additional Tools for Dover Stock Analysis

When running Dover's price analysis, check to measure Dover's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dover is operating at the current time. Most of Dover's value examination focuses on studying past and present price action to predict the probability of Dover's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dover's price. Additionally, you may evaluate how the addition of Dover to your portfolios can decrease your overall portfolio volatility.