Dover Corp makes specialized industrial equipment across five segments: vehicle service tools, factory automation and welding equipment, aerospace components, fuel dispensing systems, printing and marking equipment, liquid handling pumps, refrigeration systems, and can-making machinery. Customers are primarily industrial manufacturers, food and beverage producers, gas stations, and service businesses. Revenue comes from selling this equipment and related components, mostly in the U.S. but with significant global operations. The business has been built largely through acquisitions of niche industrial brands.
Employees24,000IPODec 3, 1956SIC3569HQ3005 Highland Parkway, Downers Grove, IL, USA, 60515
to
Financials
Profitability
Metric
Current
Margins
Gross Margin
39.6%
Operating Margin
16.9%
EBITDA Margin
22.8%
Net Margin
13.5%
OCF Margin
16.5%
FCF Margin
13.9%
Returns on Capital
ROE
15.1%
ROA
8.4%
ROIC
10.8%
ROCE
13.8%
ROC (Greenblatt)
66.2%
3Y ROIIC
2.0%
Consistency
Years Profitable / 10Y
10
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
23.59
Forward P/E
18.33
P/E ex-NRI
21.28
Shiller P/E (CAPE)
22.85
Cash Flow Multiples
P/FCF
22.85
P/OCF
19.29
P/Owner Earnings
21.56
FCF Yield
4.44%
Enterprise Value Multiples
EV / EBIT
18.27
EV / Forward EBIT
19.66
EV / EBITDA
14.54
EV / Forward EBITDA
14.95
EV / Revenue
3.31
EV / Forward Revenue
3.22
Asset / Sales
P/S
3.16
P/B
3.43
P/Tangible Book
38.62
Growth-Adjusted
PEG
2.29
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
1.07%
Forward Dividend Yield
1.08%
3Y Dividend Growth
1.0%
Payout Ratio
0.23
5Y Yield on Cost
1.06%
Buybacks & Dilution
3Y Buyback Ratio
1.20%
5Y Share Change
−4.8%
Combined
Shareholder Yield
0.67%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
0.42
Gross Debt / EBITDA
1.70
Cash / Debt
0.54
Equity / Assets
0.56
Coverage
Interest Coverage
12.46
Short-Term Liquidity
Current Ratio
1.98
Quick Ratio
1.41
Cash Ratio
0.70
Composite Scores
Piotroski F-Score
7
Altman Z-Score
5.48
Split History
Date
Split
1997-12-16
2:1
1995-09-18
2:1
1988-09-26
2:1
1981-09-28
2:1
1979-10-29
2:1
1976-09-23
2:1
Ex-date
Amount
Pay date
2026-08-31
$0.525
2026-09-15
2026-05-29
$0.52
2026-06-15
2026-02-27
$0.52
2026-03-13
2025-11-28
$0.52
2025-12-15
2025-08-29
$0.52
2025-09-15
2025-05-30
$0.515
2025-06-16
2025-02-28
$0.515
2025-03-14
2024-11-29
$0.515
2024-12-16
2024-08-30
$0.515
2024-09-16
2024-05-31
$0.51
2024-06-14
10 of 163
View allDate
Transcript
Type
2026-07-23
Q2 2026 Dover Corp Earnings Call Transcript
Earnings Call
2026-04-23
Q1 2026 Dover Corp Earnings Call Transcript
Earnings Call
2026-03-17
Dover Corp at JPMorgan Industrials Conference Transcript
Conference Presentations
2026-02-17
Dover Corp at Barclays Industrial Select Conference Transcript
Conference Presentations
2026-01-29
Q4 2025 Dover Corp Earnings Call Transcript
Earnings Call
2025-12-02
Dover Corp at UBS Global Industrials & Transportation Conference Transcript
Conference Presentations
2025-10-23
Q3 2025 Dover Corp Earnings Call Transcript
Earnings Call
2025-07-24
Q2 2025 Dover Corp Earnings Call Transcript
Earnings Call
2025-04-24
Q1 2025 Dover Corp Earnings Call Transcript
Earnings Call
2025-01-30
Q4 2024 Dover Corp Earnings Call Transcript
Earnings Call
10 of 71
5-Step DuPont Analysis
ROE %
14.99%
×
×
Net Margin %
13.48%
×
×
Operating Margin %
16.86%
Operating Income
$1.42B
÷
Revenue
$8.42B
×
Tax Burden
0.8033
Net Income
$1.14B
÷
Pretax Income
$1.41B
×
Interest Burden
0.9951
Pretax Income
$1.41B
÷
Operating Income
$1.42B
×
Asset Turnover
0.63
÷
Revenue
$8.42B
÷
Average Total Assets
$13.43B
Begin Total Assets
$13.16B
End Total Assets
$13.69B
×
Equity Multiplier
1.77
÷
Avg Total Assets
$13.43B
÷
Avg Stockholders Equity
$7.57B
Begin Equity
$7.44B
End Equity
$7.70B
Top institutional holders
Q2 2026| Holder | Shares | % Owned | Chg. shares | |
|---|---|---|---|---|
| JPMORGAN CHASE & CO | 14.6M | 10.84% | +494.0K | $3.27B |
| BlackRock, Inc. | 10.5M | 7.76% | +441.5K | $2.35B |
| VANGUARD CAPITAL MANAGEMENT LLC | 8.8M | 6.53% | +33.7K | $1.97B |
| STATE STREET CORP | 6.6M | 4.91% | +120.8K | $1.48B |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 6.5M | 4.82% | +29.2K | $1.46B |
| FMR LLC | 4.4M | 3.24% | -385.3K | $979.28M |
| GEODE CAPITAL MANAGEMENT, LLC | 3.6M | 2.66% | +28.9K | $800.99M |
| BANK OF AMERICA CORP /DE/ | 2.8M | 2.07% | -13.2K | $625.37M |
| Bank of New York Mellon Corp | 2.6M | 1.95% | -394.9K | $591.21M |
| MORGAN STANLEY | 2.5M | 1.83% | +83.5K | $554.68M |
10 of 1,173
View allTop insider holdings
as reported| Insider | Shares held | % Owned | |
|---|---|---|---|
| Tobin Richard JOfficer | 289.9K | 0.2149% | $56.75M |
| Cabrera Ivonne MOfficer | 71.6K | 0.0531% | $14.01M |
| JOHNSTON MICHAEL FDirector | 23.4K | 0.0174% | $4.58M |
| Spiegel Eric A.Director | 11.9K | 0.0088% | $2.34M |
| WANDELL KEITH EDirector | 10.5K | 0.0078% | $2.06M |
| Moran James MOfficer | 10.5K | 0.0078% | $2.05M |
| Juneja GirishOfficer | 10.4K | 0.0077% | $2.03M |
| Gilbertson H John JrDirector | 8.1K | 0.0060% | $1.58M |
| DeHaas Deborah LDirector | 5.0K | 0.0037% | $971.0K |
| GRAHAM KRISTIANE CDirector | — | — | — |
10 of 16· 1 withheld
View allRecent insider activity
through Aug 1, 2026| Insider | Action | Shares | Date | |
|---|---|---|---|---|
| Yehle JeffreyOfficer | Tax Withholding | -173 | $35.4K | Aug 1, 2026 |
| Yehle JeffreyOfficer | Tax Withholding | -63 | $12.9K | Mar 13, 2026 |
| Moran James MOfficer | Tax Withholding | -27 | $5,516 | Mar 13, 2026 |
| Moran James MOfficer | Tax Withholding | -26 | $5,311 | Mar 13, 2026 |
| Moran James MOfficer | Tax Withholding | -20 | $4,086 | Mar 13, 2026 |
| Tobin Richard JOfficer | Tax Withholding | -1.7K | $354.2K | Mar 13, 2026 |
| Tobin Richard JOfficer | Tax Withholding | -1.8K | $374.9K | Mar 13, 2026 |
| Tobin Richard JOfficer | Tax Withholding | -1.6K | $317.7K | Mar 13, 2026 |
| Cabrera Ivonne MOfficer | Tax Withholding | -183 | $37.4K | Mar 13, 2026 |
| Cabrera Ivonne MOfficer | Tax Withholding | -175 | $35.7K | Mar 13, 2026 |
10 of 2,205
View all