Ticker
DOV

Price
176.08
Stock movement up
+0.24 (0.14%)
Company name
Dover Corporation
Exchange
(NYSE
,
Currency
USD
)
Sector
Industrials >
Specialty Industrial Machinery
Market cap
24.61B
Ent value
30.84B
Price/Sales
2.89
Price/Book
5.74
Div yield
1.16%
Div growth
2.33%
Growth years
65
FCF payout
49.17%
Trailing P/E
23.10
Forward P/E
18.00
PEG
1.59
EPS growth
7.59%
1 year return
23.23%
3 year return
8.06%
5 year return
12.69%
10 year return
7.54%
Last updated: 2024-04-08

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share2.04
Dividend yield1.16%
Payout frequencyQuarterly
Maximum yield3.00%
Average yield1.57%
Minimum yield1.09%
Discount to avg yield-35.86%
Upside potential-26.40%
Yield as % of max yield38.64%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield1.16%
Current yield distribution95.56%
Yield at 100% (Min)1.09%
Yield at 90%1.20%
Yield at 80%1.32%
Yield at 50% (Median)1.50%
Yield at 20%1.85%
Yield at 10%2.03%
Yield at 0% (Max)3.00%

Dividend per share

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Dividend per share data
Years of growth65 years
CCC statusDividend Champion
Dividend per share2.04
Payout frequencyQuarterly
Ex-div date28 Feb 2024
EPS (TTM)7.55
EPS (1y forward)9.78
EPS growth (5y)7.59%
EPS growth (5y forward)14.50%

Dividend growth

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Dividend growth data
DOVS&P500
DGR MR0.99%-16.32%
DGR TTM0.99%4.05%
DGR 3 years1.01%5.24%
DGR 5 years2.33%5.40%
DGR 10 years7.65%7.07%
DGR 15 years8.43%6.12%
Time since last change announced264 days
EPS growth (5y)7.59%
EPS growth (5y forward)14.50%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM26.99%49.17%
Average--
Forward20.86%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E23.10
Price to OCF30.55
Price to FCF42.09
Price to EBITDA14.38
EV to EBITDA18.02

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales2.89
Price to Book5.74
EV to Sales3.62

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FINANCIALS

Per share

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Per share data
Current share count139.77M
EPS (TTM)7.55
FCF per share (TTM)4.14

Income statement

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Income statement data
Revenue (TTM)8.51B
Gross profit (TTM)3.06B
Operating income (TTM)1.38B
Net income (TTM)1.07B
EPS (TTM)7.55
EPS (1y forward)9.78

Margins

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Margins data
Gross margin (TTM)36.01%
Operating margin (TTM)16.21%
Profit margin (TTM)12.52%

Balance Sheet

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Balance Sheet data
Cash380.87M
Net receivables1.52B
Total current assets3.42B
Goodwill4.67B
Intangible assets1.33B
Property, plant and equipment0.00
Total assets10.90B
Accounts payable1.07B
Short/Current long term debt3.68B
Total current liabilities2.77B
Total liabilities6.61B
Shareholder's equity4.29B
Net tangible assets-1.72B

Cash flow

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Cash flow data
Operating cash flow (TTM)805.72M
Capital expenditures (TTM)220.96M
Free cash flow (TTM)584.76M
Dividends paid (TTM)287.55M

Financial returns

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Financial returns data
Return on Equity24.86%
Return on Assets9.78%
Return on Invested Capital13.38%
Cash Return on Invested Capital7.34%

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STOCK INFORMATION

Stock chart

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Stock price data
Open176.48
Daily high177.22
Daily low176.04
Daily Volume1.06M
All-time high182.92
1y analyst estimate165.69
Beta1.34
EPS (TTM)7.55
Dividend per share2.04
Ex-div date28 Feb 2024
Next earnings date24 Apr 2024

Downside potential

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Downside potential data
DOVS&P500
Current price drop from All-time high-3.74%-0.85%
Highest price drop-59.48%-56.47%
Date of highest drop9 Mar 20099 Mar 2009
Avg drop from high-16.05%-11.35%
Avg time to new high24 days13 days
Max time to new high1814 days1805 days

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COMPANY DETAILS
DOV (Dover Corporation) company logo
Marketcap
24.61B
Marketcap category
Large-cap
Description
Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company's Engineered Products segment provides various equipment, component, software, solution, and services that are used in aftermarket vehicle service, solid waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market. This segment also offers manual and power clamp, rotary and linear mechanical indexer, conveyor, pick and place unit, glove port, and manipulator, as well as end-of-arm robotic gripper, slide, and end effector. Its Clean Energy & Fueling segment offers component, equipment, and software and service solution enabling safe transport of traditional and clean fuel, and other hazardous substance along with supply chain, as well as operation of convenience retail, retail fueling, and vehicle wash establishment. The company's Imaging & Identification segment provides precision marking and coding; packaging intelligence; product traceability equipment; brand protection; and digital textile printing equipment, as well as related consumable, software, and service to packaged and consumer good, pharmaceutical, industrial manufacturing, fashion and apparel, and other end-market. Its Pumps & Process Solutions segment manufactures specialty pump, connector, and flow meter, fluid connecting solution, plastics and polymer processing equipment, and engineered components for rotating and reciprocating machines. The company's Climate & Sustainability Technologies segment manufactures refrigeration system, refrigeration display case, commercial glass refrigerator and freezer door, and brazed plate heat exchanger for industrial heating and cooling, and residential climate control applications. It sells its products directly and through a network of distributors. The company was incorporated in 1947 and is headquartered in Downers Grove, Illinois.
Employees
25000
SEC filings
CEO
Richard Tobin
Country
USA
City
Downers Grove
Stock type
Common stock
CCC status
Dividend Champion
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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