Dover Corporation

Dover Corporation

174.25
EUR
-3.60
(-2.02%)
7.24EPS
26.79P/E
26.48BMarket Cap
Feb 04Next Earn

Total Valuation

EUR

As of June 30, 2026, Dover Corporation carries a market capitalization of 26.48B, placing it among publicly traded companies globally. Its enterprise value stands at 27.80B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap26.48B
Enterprise Value27.80B

Important Dates

Dover Corporation's next confirmed earnings release is scheduled for February 4, 2027.

Earnings Date2/4/2027

Share Statistics

As of June 30, 2026, Dover Corporation has 135.07M shares outstanding.

Shares Outstanding135.07M

Valuation Ratios

As of June 30, 2026, Dover Corporation trades at a trailing price-to-earnings ratio of 26.79. The price-to-sales ratio is 3.61, and the price-to-book ratio stands at 3.93.

PE Ratio26.79
PS Ratio3.61
PB Ratio3.93
P/TBV Ratio44.18
P/FCF Ratio26.11
P/OCF Ratio21.87

Enterprise Valuation

As of June 30, 2026, Dover Corporation trades at an EV/EBITDA multiple of 17.52 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 3.77 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 22.36 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Dover Corporation trades at an EV/FCF ratio of 25.15, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 27.80B versus a market cap of 26.48B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales3.77
EV / EBITDA17.52
EV / EBIT22.36
EV / FCF25.15

Financial Position

As of June 30, 2026, Dover Corporation maintains a current ratio of 1.98, meaning it holds 2.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 42.32, indicating elevated leverage, while an interest coverage ratio of 15.90 demonstrates strong ability to service its debt obligations.

Current Ratio1.98
Quick Ratio1.31
Debt / Equity42.32
Debt / EBITDA1.80
Interest Coverage15.90

Financial Efficiency

EUR

Over the twelve months ended June 30, 2026, Dover Corporation posted a return on equity (ROE) of 14.98, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 10.57 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 8.45, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 11.42, useful for judging operating efficiency across full business cycles. The company generates approximately 307,104.99 in revenue per employee across its workforce of 24,000.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 3.73 indicates how many times Dover Corporation sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)14.98
Return on Assets (ROA)8.45
Return on Invested Capital (ROIC)10.57
Return on Capital Employed (ROCE)11.42
Revenue Per Employee307,104.99
Employee Count24,000.00
Inventory Turnover3.73

Taxes

EUR

Over the twelve months ended June 30, 2026, Dover Corporation recorded 248.60M in income tax expense. That works out to an effective tax rate of 20.10, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 1.24B, leaving 993.25M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax248.60M
Effective Tax Rate20.10

Stock Price Statistics

EUR

As of the close on October 22, 2026, Dover Corporation's stock has gained approximately 20.63% over the past 52 weeks. The 50-day moving average sits at 178.66, while the 200-day moving average is 181.00.

52-Week Price Change20.63%
50-Day Moving Average178.66
200-Day Moving Average181.00

Income Statement

EUR

Over the twelve months ended June 30, 2026, Dover Corporation generated 7.37B in revenue and converted that into 993.25M in net income, yielding earnings per share of 7.24. EBITDA reached 1.59B, while operating income came in at 1.24B.

Revenue7.37B
Gross Profit2.92B
Operating Income1.24B
Pretax Income1.24B
Net Income993.25M
EBITDA1.59B
EBIT1.24B
Earnings Per Share (EPS)7.24

Balance Sheet

EUR

As of June 30, 2026, Dover Corporation holds 1.54B in cash and equivalents against 2.85B in total debt, resulting in a net debt position of 1.32B. Total book value stands at 6.74B, with working capital of 2.14B providing operational flexibility.

Cash & Cash Equivalents1.54B
Total Debt2.85B
Net Debt1.32B
Equity (Book Value)6.74B
Book Value Per Share49.92
Working Capital2.14B

Cash Flow

EUR

Dover Corporation produced 1.22B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -191.45M in capital expenditures, free cash flow totaled 1.03B - equivalent to 7.56 per share.

Operating Cash Flow1.22B
Capital Expenditures-191.45M
Free Cash Flow1.03B
FCF Per Share7.56

Margins

Over the twelve months ended June 30, 2026, Dover Corporation posted a gross margin of 39.58, reflecting its pricing power and cost economics. The operating margin of 16.87 and net profit margin of 13.48 provide insight into operational efficiency.

Gross Margin39.58
Operating Margin16.87
Pretax Margin16.78
Profit Margin13.48
EBITDA Margin21.52

Dividends & Yields

EUR

Over the twelve months ended June 30, 2026, Dover Corporation paid dividends of 1.81 per share. The dividend payout ratio of 24.92 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 3.83, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 2.16, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Dover Corporation shareholders.

Dividend Per Share1.81
Payout Ratio24.92
Shareholder Yield2.16
FCF Yield3.83

Stock Splits

Dover Corporation's most recent stock split took place on December 16, 1997 with a 1:2 split ratio.

Last Split Date12/16/1997
Split Ratio1:2

Scores

As of June 30, 2026, Dover Corporation has an Altman Z-Score of 8.50, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score8.50