Dover Financial Statements From 2010 to 2022

DOV
 Stock
  

USD 123.22  4.64  3.91%   

Dover Corp financial statements provide useful quarterly and yearly information to potential Dover Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Dover Corp financial statements helps investors assess Dover Corp's valuation, profitability, and current liquidity needs.
There are over one hundred ten available fundamental signals for Dover Corp, which can be analyzed over time and compared to other ratios. Please make sure you verify Dover Corp's prevailing fundamental trends against the trends from 2010 to 2022 to make sure the company is sustainable.
Dover Corp Net Income Per Employee is fairly stable at the moment as compared to the past year. Dover Corp reported Net Income Per Employee of 44,953 in 2021. Invested Capital Average is likely to climb to about 5.4 B in 2022, whereas Average Assets are likely to drop slightly above 9.1 B in 2022.
  
Refresh
Check Dover Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dover main balance sheet or income statement drivers, such as Direct Expenses of 5.3 B, Consolidated Income of 925.7 M or Cost of Revenue of 5.1 B, as well as many exotic indicators such as Interest Coverage of 11.8, Long Term Debt to Equity of 0.67 or Calculated Tax Rate of 23.38. Dover financial statements analysis is a perfect complement when working with Dover Corp Valuation or Volatility modules. It can also supplement various Dover Corp Technical models. Continue to the analysis of Dover Corp Correlation against competitors.

Dover Corp Revenues

8.24 Billion

Share

Dover Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets9.5 B10.4 B9.6 B
Decreasing
Stable
Cash and Equivalents457.4 M385.5 M639.5 M
Decreasing
Slightly volatile
Deferred Revenue219.6 M227.5 M129.3 M
Increasing
Slightly volatile
Property Plant and Equipment Net881 M957.3 M900.4 M
Decreasing
Slightly volatile
Inventory1.1 B1.2 B843 M
Increasing
Slightly volatile
Tax Assets65.4 M69.1 M57.4 M
Increasing
Slightly volatile
Trade and Non Trade Receivables1.4 B1.3 B1.2 B
Increasing
Slightly volatile
Trade and Non Trade PayablesB1.1 B770.3 M
Increasing
Slightly volatile
Goodwill and Intangible Assets6.1 B5.9 B5.2 B
Increasing
Slightly volatile
Total Liabilities6.5 B6.2 B5.6 B
Increasing
Slightly volatile
Shareholders Equity3.9 B4.2 B4.1 B
Decreasing
Slightly volatile
Accumulated Retained Earnings Deficit9.6 B9.4 B7.9 B
Increasing
Slightly volatile
Accumulated Other Comprehensive Income(148.8 M)(137.9 M)(149.9 M)
Decreasing
Slightly volatile
Current Assets2.8 B3.1 B2.8 B
Decreasing
Slightly volatile
Assets Non Current6.8 B7.3 B6.8 B
Decreasing
Very volatile
Current Liabilities2.2 B2.3 B1.8 B
Increasing
Slightly volatile
Liabilities Non Current4.3 BB3.8 B
Increasing
Slightly volatile
Tax Liabilities470.8 M504.5 M477.9 M
Increasing
Very volatile
Total Debt3.4 B3.1 BB
Increasing
Slightly volatile
Debt Current97.6 M95.1 M259.3 M
Decreasing
Stable
Debt Non Current3.2 BB2.7 B
Increasing
Slightly volatile
Shareholders Equity USD3.9 B4.2 B4.1 B
Decreasing
Slightly volatile
Cash and Equivalents USD457.4 M385.5 M639.5 M
Decreasing
Slightly volatile
Total Debt USD3.4 B3.1 BB
Increasing
Slightly volatile
Accounts Payable891.8 M1.1 B785 M
Increasing
Slightly volatile
Receivables1.2 B1.3 B1.2 B
Increasing
Stable
Inventories988.8 M1.2 B869.5 M
Increasing
Slightly volatile

Dover Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues8.2 B7.9 B7.2 B
Increasing
Stable
Cost of Revenue5.1 B4.9 B4.5 B
Increasing
Slightly volatile
Selling General and Administrative Expense1.6 B1.7 B1.6 B
Decreasing
Stable
Operating Expenses1.5 B1.5 B1.6 B
Decreasing
Slightly volatile
Interest Expense108.7 M106.3 M123.2 M
Decreasing
Stable
Income Tax Expense235.1 M277 M215.8 M
Decreasing
Slightly volatile
Net Loss Income from Discontinued Operations25.9 M24 M(64.7 M)
Increasing
Slightly volatile
Consolidated Income925.7 M1.1 B811.6 M
Decreasing
Very volatile
Net Income925.7 M1.1 B811.6 M
Decreasing
Very volatile
Net Income Common Stock925.7 M1.1 B811.6 M
Decreasing
Very volatile
Weighted Average Shares142.9 M143.9 M160.2 M
Decreasing
Slightly volatile
Weighted Average Shares Diluted143.6 M145.3 M161.6 M
Decreasing
Slightly volatile
Earning Before Interest and Taxes EBIT1.3 B1.5 B1.2 B
Decreasing
Stable
Revenues USD8.2 B7.9 B7.2 B
Increasing
Stable
Net Income Common Stock USD925.7 M1.1 B811.6 M
Decreasing
Very volatile
Earning Before Interest and Taxes USD1.3 B1.5 B1.2 B
Decreasing
Stable
Gross Profit2.7 BB2.7 B
Decreasing
Stable
Operating Income1.4 B1.5 B1.1 B
Increasing
Stable
Direct Expenses5.3 B4.9 B4.7 B
Decreasing
Very volatile

Dover Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals(903.2 M)(837.1 M)(528.7 M)
Increasing
Stable
Net Cash Flow Investment Acquisitions and Disposals(16.4 M)(16 M)4.4 M
Decreasing
Slightly volatile
Net Cash Flow from Financing(269.6 M)(249.9 M)(377.8 M)
Decreasing
Stable
Issuance Repayment of Debt Securities 105 M105 M136.6 M
Decreasing
Slightly volatile
Issuance Purchase of Equity Shares(23.3 M)(21.6 M)(305.4 M)
Increasing
Slightly volatile
Net Cash Flow from Investing(1.1 B)(992.8 M)(711.8 M)
Increasing
Stable
Net Cash Flow from OperationsB1.1 BB
Decreasing
Stable
Effect of Exchange Rate Changes on Cash (866.4 K)(803 K)(846.3 K)
Decreasing
Stable
Net Cash Flow or Change in Cash and Cash Equivalents(137.6 M)(127.6 M)(70.8 M)
Increasing
Very volatile
Share Based Compensation27.9 M31.1 M27.2 M
Decreasing
Very volatile
Depreciation Amortization and Accretion315.3 M290.1 M284.3 M
Increasing
Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share6.997.815.1265
Increasing
Slightly volatile
Earnings per Diluted Share6.937.745.0651
Increasing
Slightly volatile
Earnings per Basic Share USD6.997.815.1265
Increasing
Slightly volatile
Dividends per Basic Common Share2.021.991.6685
Increasing
Slightly volatile
Return on Average Equity0.270.2940.2067
Increasing
Slightly volatile
Return on Average Assets0.09590.1150.0858
Decreasing
Very volatile
Return on Invested Capital0.250.3020.2399
Decreasing
Slightly volatile
Gross Margin0.360.3760.3751
Decreasing
Slightly volatile
Profit Margin0.120.1420.1134
Decreasing
Stable
EBITDA Margin0.20.2270.2009
Decreasing
Slightly volatile
Return on Sales0.170.1910.1614
Decreasing
Stable
Asset Turnover0.860.8070.7617
Increasing
Stable
Payout Ratio0.340.2550.3433
Increasing
Slightly volatile
Enterprise Value over EBITDA15.315.8411.9585
Increasing
Slightly volatile
Enterprise Value over EBIT18.7919.015.0607
Increasing
Slightly volatile
Price to Earnings Ratio23.0423.25218.4849
Increasing
Slightly volatile
Sales per Share54.6554.9444.8663
Increasing
Slightly volatile
Price to Sales Ratio2.933.3052.0766
Increasing
Slightly volatile
Price to Book Value5.446.2413.739
Increasing
Slightly volatile
Debt to Equity Ratio1.631.4831.4297
Increasing
Slightly volatile
Dividend Yield0.01410.0110.0192
Decreasing
Slightly volatile
Current Ratio1.41.3611.703
Decreasing
Slightly volatile
Free Cash Flow per Share6.536.6115.3
Increasing
Slightly volatile
Book Value per Share25.8629.1125.2088
Decreasing
Stable
Tangible Assets Book Value per Share32.5431.16428.0836
Increasing
Stable
Total Assets Per Share63.2972.224560.2704
Increasing
Slightly volatile
Cash Flow Per Share6.727.74666.3053
Increasing
Slightly volatile
Return on Investment18.7218.704315.5996
Decreasing
Very volatile
Operating Margin16.6616.207114.2438
Decreasing
Very volatile
Calculated Tax Rate23.3819.774622.4802
Decreasing
Slightly volatile
Receivables Turnover6.956.36456.2719
Decreasing
Slightly volatile
Inventory Turnover5.844.87185.6748
Decreasing
Slightly volatile
PPandE Turnover7.868.52687.9947
Increasing
Very volatile
Cash and Equivalents Turnover14.6217.599112.854
Increasing
Slightly volatile
Accounts Payable Turnover10.598.204510.8202
Decreasing
Slightly volatile
Accrued Expenses Turnover13.3411.784512.4052
Decreasing
Slightly volatile
Interest Coverage11.812.57889.1678
Increasing
Very volatile
Long Term Debt to Equity0.670.72050.6904
Increasing
Slightly volatile
Quick Ratio1.060.76671.1279
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets11.037.798911.8877
Decreasing
Slightly volatile
Revenue to Assets0.860.760.7942
Decreasing
Stable

Dover Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax1.2 B1.4 BB
Decreasing
Stable
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.5 B1.8 B1.4 B
Decreasing
Stable
Earnings Before Interest Taxes and Depreciation Amortization USD1.5 B1.8 B1.4 B
Decreasing
Stable
Market Capitalization22.1 B26.1 B14.8 B
Increasing
Slightly volatile
Enterprise Value24.7 B28.5 B17 B
Increasing
Slightly volatile
Invested Capital4.8 BBB
Decreasing
Very volatile
Average Equity3.7 B3.8 BB
Decreasing
Slightly volatile
Average Assets9.1 B9.8 B9.4 B
Decreasing
Stable
Invested Capital Average5.4 BB4.8 B
Increasing
Slightly volatile
Tangible Asset Value4.2 B4.5 B4.5 B
Decreasing
Slightly volatile
Free Cash Flow853.7 M951.5 M838.5 M
Decreasing
Stable
Working Capital841.9 M811.4 M1.1 B
Decreasing
Slightly volatile
Revenue Per Employee277.9 K316.3 K265.7 K
Increasing
Slightly volatile
Net Income Per Employee48.5 K45 K29.3 K
Increasing
Slightly volatile

Dover Fundamental Market Drivers

Forward Price Earnings13.15
Short Percent Of Float1.59%
Average Daily Volume Last 10 Day1.03M
Shares Short Prior Month1.04M
Average Daily Volume In Three Month1M
Date Short Interest29th of April 2022
Fifty Day Average133.39
Two Hundred Day Average157.78

Dover Upcoming Events

Upcoming Quarterly Report27th of January 2022
Next Financial Report19th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End27th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Dover Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Dover Corp income statement, its balance sheet, and the statement of cash flows. Dover Corp investors use historical funamental indicators, such as Dover Corp's revenue or net income, to determine how well the company is positioned to perform in the future. Although Dover Corp investors may use each financial statement separately, they are all related. The changes in Dover Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dover Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Dover Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dover Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Deferred Revenue227.5 M219.6 M
Cost of Revenue4.9 B5.1 B
Revenues7.9 B8.2 B
Revenue to Assets 0.76  0.86 
Revenue Per Employee316.3 K277.9 K
Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The 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 Imaging and 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 and 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 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.

Dover Corp Investors Sentiment

The influence of Dover Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dover. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Dover Corp Implied Volatility

    
  35.8  
Dover Corp's implied volatility exposes the market's sentiment of Dover Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dover Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Dover Corp stock will not fluctuate a lot when Dover Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dover Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dover Corp's short interest history, or implied volatility extrapolated from Dover Corp options trading.

Current Sentiment - DOV

Dover Corp Investor Sentiment

Greater number of Macroaxis users are currently bullish on Dover Corp. What is your opinion about investing in Dover Corp? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Dover Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dover Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dover Corp will appreciate offsetting losses from the drop in the long position's value.

Dover Corp Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Dover Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dover Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dover Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dover Corp to buy it.
The correlation of Dover Corp is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dover Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dover Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dover Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to the analysis of Dover Corp Correlation against competitors. Note that the Dover Corp information on this page should be used as a complementary analysis to other Dover Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Dover Stock analysis

When running Dover Corp price analysis, check to measure Dover Corp'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 Corp is operating at the current time. Most of Dover Corp's value examination focuses on studying past and present price action to predict the probability of Dover Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dover Corp's price. Additionally, you may evaluate how the addition of Dover Corp to your portfolios can decrease your overall portfolio volatility.
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Is Dover Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dover Corp. If investors know Dover will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dover Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.031
Market Capitalization
17.8 B
Quarterly Revenue Growth YOY
0.099
Return On Assets
0.0823
Return On Equity
0.29
The market value of Dover Corp is measured differently than its book value, which is the value of Dover that is recorded on the company's balance sheet. Investors also form their own opinion of Dover Corp's value that differs from its market value or its book value, called intrinsic value, which is Dover Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dover Corp's market value can be influenced by many factors that don't directly affect Dover Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dover Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Dover Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dover Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.