Dover Stock Financials

DOV
 Stock
  

USD 123.22  4.64  3.91%   

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.
  
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With this module, you can analyze Dover financials for your investing period. You should be able to track the changes in Dover Corp individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Dover Most Recent Estimates

Quarterly Earnings Growth YOY
-0.031
Diluted Eps
7.69
EPS Estimate Current Year
8.48
EPS Estimate Next Year
9.26
EPS Estimate Current Quarter
1.83
Earnings Share
7.69

Revenues

8.24 Billion

Share
Understanding current and past Dover Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Dover Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Dover Corp's assets may result in an increase in income on the income statement.
The fundamental analysis of Dover Corp is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Dover Corp includes many different criteria found on its balance sheet. For example, investors should never minimize Dover Corp's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Dover Corp's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Dover Corp.

Dover Corp Cash

Chance Of Financial Distress
Less than 27
Dover Corp has less than 27 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Dover Corp stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Dover Corp's official financial statements usually reflect Dover Corp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Dover Corp. For example, before you start analyzing numbers published by Dover accountants, it's critical to develop an understanding of what Dover Corp's liquidity, profitability, and earnings quality are in the context of the Industrials space in which it operates.
Please note, the presentation of Dover Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Dover Corp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Dover Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Dover Corp. Please utilize our Beneish M Score to check the likelihood of Dover Corp's management to manipulate its earnings.

Dover Corp Company Summary

Dover Corp competes with Barnes, Crane Holdings, General Electric, Hillenbrand, and Honeywell International. 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.
Foreign Associate  Germany
Specialization
Industrials, Specialty Industrial Machinery
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0000029905
ISINUS2600031080
CUSIP260003108
Older SymbolDOV
RegionNorth America
LocationIllinois; U.S.A
Business Address3005 Highland Parkway,
SectorIndustrials
IndustrySpecialty Industrial Machinery
BenchmarkDOW
Websitewww.dovercorporation.com
Phone630 541 1540
CurrencyUSD - US Dollar
You should never invest in Dover Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Dover Stock, because this is throwing your money away. Analyzing the key information contained in Dover Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Dover Corp Key Financial Ratios

Generally speaking, Dover Corp's financial ratios allow both analysts and investors to convert raw data from Dover Corp's financial statements into concise, actionable information that can be used to evaluate the performance of Dover Corp over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Dover Corp reports annually and quarterly.

Dover Corp Key Balance Sheet Accounts

201720182019202020212022 (projected)
Inventories878.63 M748.8 M806.14 M835.8 M1.19 B988.82 M
Receivables1.39 B1.23 B1.22 B1.14 B1.35 B1.23 B
Accounts Payable979.45 M969.53 M983.29 M853.94 M1.07 B891.81 M
Total Assets10.66 B8.37 B8.67 B9.15 B10.4 B9.53 B
Current Assets2.79 B2.5 B2.55 B2.62 B3.06 B2.77 B
Assets Non Current7.87 B5.86 B6.12 B6.53 B7.34 B6.75 B
Cash and Equivalents753.96 M396.22 M397.25 M513.08 M385.5 M457.43 M
Total Debt3.57 B3.16 B3.07 B3.11 B3.12 B3.39 B
Debt Current581.1 M220.32 M84.7 M105.7 M95.13 M97.64 M
Debt Non Current2.99 B2.94 B2.99 B3.11 B3.02 B3.17 B
Shareholders Equity4.38 B2.77 B3.03 B3.39 B4.19 B3.89 B
Inventory677.04 M748.8 M806.14 M835.8 M1.19 B1.11 B
Total Liabilities6.28 B5.6 B5.64 B5.77 B6.21 B6.52 B
Current Liabilities2.14 B1.83 B1.75 B1.74 B2.25 B2.21 B
Tax Liabilities471.39 M407.48 M391.78 M366.03 M504.5 M470.83 M

Dover Corp Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Dover Corp'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.
201720182019202020212022 (projected)
Direct Expenses4.94 B4.43 B4.52 B4.21 B4.94 B5.31 B
Consolidated Income811.66 M570.27 M677.92 M683.45 M1.12 B925.67 M
Cost of Revenue4.29 B4.43 B4.52 B4.21 B4.94 B5.14 B
Gross Profit2.53 B2.56 B2.62 B2.47 B2.97 B2.68 B
Interest Expense144.95 M130.97 M125.82 M111.94 M106.32 M108.66 M
Net Income811.66 M570.27 M677.92 M683.45 M1.12 B925.67 M
Operating Expenses1.52 B1.72 B1.65 B1.54 B1.48 B1.45 B
Operating Income1.01 B843.11 M974.89 M938.2 M1.49 B1.39 B
Revenues6.82 B6.99 B7.14 B6.68 B7.91 B8.24 B
Income Tax Expense129.15 M134.23 M165.09 M158.28 M277.01 M235.12 M

Dover Corp Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Dover Corp. It measures of how well Dover is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Dover Corp brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Dover had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Dover Corp has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure(158.29 M)(165.09 M)(182.64 M)(158.49 M)(164.4 M)(177.37 M)
Depreciation Amortization and Accretion283.28 M282.58 M272.29 M279.05 M290.12 M315.31 M
Net Cash Flow or Change in Cash and Cash Equivalents404.82 M(357.74 M)1.03 M115.82 M(127.57 M)(137.64 M)
Net Cash Flow Business Acquisitions and Disposals345.48 M(64.62 M)(191.47 M)(320.39 M)(837.09 M)(903.18 M)
Issuance Purchase of Equity Shares(105.02 M)(894.98 M)(143.28 M)(106.28 M)(21.64 M)(23.35 M)
Issuance Repayment of Debt Securities(182.6 M)(360.72 M)(93.29 M)(84.7 M)105 M105.02 M
Payment of Dividends and Other Cash Distributions(283.96 M)(283.57 M)(282.2 M)(284.31 M)(286.9 M)(309.55 M)
Net Cash Flow from Financing(594.14 M)(897.84 M)(558.04 M)(506.29 M)(249.88 M)(269.61 M)
Net Cash Flow from Investing161.85 M(269.19 M)(384.25 M)(481.38 M)(992.75 M)(1.07 B)
Net Cash Flow from Operations835.63 M798.63 M945.31 M1.1 B1.12 B1.01 B
Effect of Exchange Rate Changes on Cash1.47 M10.64 M(1.98 M)(1.32 M)(803 K)(866.39 K)
Share Based Compensation24.07 M23.7 M29.7 M25.03 M31.11 M27.9 M

Dover Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Dover Corp's current stock value. Our valuation model uses many indicators to compare Dover Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dover Corp competition to find correlations between indicators driving Dover Corp's intrinsic value. More Info.
Dover Corp is rated below average in total debt category among related companies. It is one of the top stocks in price to earnings to growth category among related companies . The ratio of Total Debt to Price to Earnings To Growth for Dover Corp is about  2,605,042,017 . Dover Corp Total Debt is fairly stable at the moment as compared to the past year. Dover Corp reported Total Debt of 3.12 Billion in 2021. Comparative valuation analysis is a catch-all model that can be used if you cannot value Dover Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dover Corp's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Dover Corp's earnings, one of the primary drivers of an investment's value.

Dover Corp Systematic Risk

Dover Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Dover Corp 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Dover Corp correlated with the market. If Beta is less than 0 Dover Corp generally moves in the opposite direction as compared to the market. If Dover Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Dover Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Dover Corp is generally in the same direction as the market. If Beta > 1 Dover Corp moves generally in the same direction as, but more than the movement of the benchmark.
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About Dover Corp Financials

What exactly are Dover Corp Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Dover Corp's income statement, its balance sheet, and the statement of cash flows. Potential Dover Corp investors and stakeholders use financial statements 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. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Dover Corp is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Dover grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Dover Corp Thematic Clasifications

Dover Corp is part of ESG Investing investing theme. 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. Companies that promote environmental, social, and governance factors during their day-to-day operations. Sustainable investments that promote the conservation of the natural world, social resposibility, freindly employees policies and strong governance
ESG Investing Idea
ESG InvestingView
This theme covers Companies that promote environmental, social, and governance factors during their day-to-day operations. Sustainable investments that promote the conservation of the natural world, social resposibility, freindly employees policies and strong governance. Get More Thematic Ideas

Dover Corp June 26, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Dover Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Dover Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Dover Corp 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 Corp's daily price indicators and compare them against related drivers.
Information Ratio(0.11)
Maximum Drawdown10.76
Value At Risk(3.47)
Potential Upside2.55
Continue to Investing Opportunities. 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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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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.