Dover Financial Statements From 2010 to 2024

DOV Stock  USD 177.22  2.44  1.40%   
Dover financial statements provide useful quarterly and yearly information to potential Dover 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 financial statements helps investors assess Dover's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Dover's valuation are summarized below:
Gross Profit
3.1 B
Profit Margin
0.1252
Market Capitalization
24.2 B
Enterprise Value Revenue
3.2346
Revenue
8.4 B
There are over one hundred nineteen available fundamental signals for Dover, which can be analyzed over time and compared to other ratios. All traders should should verify Dover's prevailing fundamental trends against the trends from 2010 to 2024 to make sure the company is sustainable.
Check Dover 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 Depreciation And Amortization of 229.7 M, Interest Expense of 137.9 M or Total Revenue of 5.8 B, as well as many exotic indicators such as Short Term Coverage Ratios of 2.46, Price Earnings Ratio of 21.37 or Price To Sales Ratio of 2.68. Dover financial statements analysis is a perfect complement when working with Dover Valuation or Volatility modules.
  
This module can also supplement Dover's financial leverage analysis and stock options assessment as well as various Dover Technical models . Check out the analysis of Dover Correlation against competitors.
For more information on how to buy Dover Stock please use our How to Invest in Dover guide.

Dover Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets6.5 B11.3 BB
Slightly volatile
Short and Long Term Debt Total3.9 B3.7 BB
Slightly volatile
Other Current Liabilities513.2 M812.9 M631.2 M
Slightly volatile
Total Current Liabilities1.4 B2.5 B1.8 B
Slightly volatile
Total Stockholder EquityB5.1 B3.8 B
Very volatile
Property Plant And Equipment Net749.7 MB897.6 M
Pretty Stable
Retained Earnings11.5 B11 BB
Slightly volatile
Cash403 M398.6 M534.4 M
Slightly volatile
Non Current Assets Total4.3 BB6.3 B
Slightly volatile
Non Currrent Assets Other588.9 M560.9 M342.2 M
Slightly volatile
Cash And Short Term Investments420.8 M398.6 M535.6 M
Slightly volatile
Net Receivables958.3 M1.4 B1.2 B
Slightly volatile
Common Stock Shares Outstanding161.7 M140.6 M166.8 M
Slightly volatile
Liabilities And Stockholders Equity6.5 B11.3 BB
Slightly volatile
Non Current Liabilities Total2.1 B3.7 B3.4 B
Slightly volatile
Inventory702.4 M1.2 B873.1 M
Slightly volatile
Other Current Assets111.6 M141.5 M121.6 M
Slightly volatile
Total Liabilities3.5 B6.2 B5.2 B
Slightly volatile
Total Current Assets2.2 B3.4 B2.7 B
Pretty Stable
Short Term Debt315.7 M517.1 M323.7 M
Pretty Stable
Intangible Assets1.2 B1.5 B1.3 B
Pretty Stable
Accounts Payable549 M958.5 M767.8 M
Slightly volatile
Property Plant And Equipment Gross2.8 B2.7 B1.4 B
Slightly volatile
Common Stock Total Equity273.9 M298.6 M259.2 M
Slightly volatile
Common Stock274.4 M259.8 M256.7 M
Slightly volatile
Other Liabilities712.8 M830.8 M803.7 M
Slightly volatile
Other Assets391.5 M717.7 M470.1 M
Pretty Stable
Long Term Debt2.3 BB2.6 B
Slightly volatile
Good Will3.8 B4.9 BB
Slightly volatile
Property Plant Equipment970.8 M1.2 B958.5 M
Very volatile
Current Deferred Revenue148.7 M211.3 M118.3 M
Pretty Stable
Long Term Debt TotalB3.4 B2.7 B
Slightly volatile
Capital Surpluse950.7 M997.7 M876.9 M
Slightly volatile
Non Current Liabilities Other66.5 M70 M549.1 M
Slightly volatile
Short and Long Term Debt355.7 M468.3 M304.8 M
Pretty Stable
Cash And Equivalents363 M342.8 M398.4 M
Pretty Stable
Net Invested Capital4.8 B8.6 B6.8 B
Slightly volatile
Net Working Capital771.1 M890.4 M710 M
Pretty Stable
Capital Stock285 M259.8 M260.1 M
Slightly volatile
Capital Lease Obligations209.8 M221.8 M175.4 M
Slightly volatile

Dover Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization229.7 M317.5 M308.5 M
Pretty Stable
Total Revenue5.8 B8.4 B7.1 B
Pretty Stable
Gross Profit2.1 B3.1 B2.7 B
Pretty Stable
Other Operating ExpensesB7.1 B6.1 B
Pretty Stable
Operating Income763.3 M1.4 BB
Pretty Stable
EBIT753.1 M1.4 BB
Pretty Stable
EBITDA973.8 M1.4 B1.3 B
Pretty Stable
Cost Of Revenue3.7 B5.4 B4.5 B
Slightly volatile
Total Operating Expenses1.4 B1.7 B1.6 B
Pretty Stable
Income Before Tax710 M1.3 B951.1 M
Pretty Stable
Net Income545.1 M1.1 B766.5 M
Slightly volatile
Income Tax Expense179.3 M213.2 M206.5 M
Very volatile
Selling General Administrative1.6 B1.7 B1.7 B
Pretty Stable
Research Development131.5 M153.1 M149.4 M
Slightly volatile
Net Income Applicable To Common Shares710.2 M1.2 B814.4 M
Slightly volatile
Net Income From Continuing Ops877.2 MB805.2 M
Slightly volatile
Tax Provision215.9 M240 M200.4 M
Pretty Stable
Interest Income9.5 M10 M68 M
Slightly volatile
Reconciled Depreciation244.5 M313.7 M342.9 M
Slightly volatile
Selling And Marketing Expenses26.3 M29.8 M24.9 M
Slightly volatile

Dover Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow611.2 M1.1 B755.6 M
Pretty Stable
Begin Period Cash Flow417.2 M380.9 M579.9 M
Slightly volatile
Depreciation244.3 M317.5 M302.9 M
Very volatile
Capital Expenditures200.5 M192.6 M191.2 M
Very volatile
Total Cash From Operating Activities811.6 M1.3 B946.7 M
Pretty Stable
Net Income596 M1.1 B769.6 M
Slightly volatile
End Period Cash Flow428.8 M415.9 M532 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Short Term Coverage Ratios2.462.584473.9021
Slightly volatile
Price Earnings Ratio21.3720.353416.4605
Slightly volatile
Price To Sales Ratio2.682.54911.7717
Slightly volatile
Dividend Yield0.02630.01320.0231
Slightly volatile
Operating Cycle145145133
Slightly volatile
Price Book Value Ratio4.424.21223.3915
Slightly volatile
Days Of Payables Outstanding36.3665.353159.342
Slightly volatile
Operating Cash Flow Per Share10.039.55576.3563
Slightly volatile
Dividend Payout Ratio0.220.2690.3297
Very volatile
Price To Operating Cash Flows Ratio8.4816.096212.9497
Slightly volatile
Free Cash Flow Per Share8.598.17855.1432
Slightly volatile
Price To Free Cash Flows Ratio12.3418.806516.4496
Slightly volatile
Pretax Profit Margin0.0960.15050.1291
Very volatile
Inventory Turnover4.264.36865.1581
Slightly volatile
Ebt Per Ebit1.030.92950.9417
Pretty Stable
Payables Turnover10.775.5856.9133
Slightly volatile
Operating Profit Margin0.0960.16190.1377
Very volatile
Effective Tax Rate0.310.16790.232
Slightly volatile
Company Equity Multiplier1.662.22232.3389
Slightly volatile
Long Term Debt To Capitalization0.210.38260.3743
Slightly volatile
Cash Per Share1.72.853.2383
Slightly volatile
Total Debt To Capitalization0.270.41890.4072
Slightly volatile
Interest Coverage10.010.40598.9923
Pretty Stable
Return On Capital Employed0.20.15440.1492
Very volatile
Payout Ratio0.220.2690.3297
Very volatile
Debt Equity Ratio0.430.7210.7296
Slightly volatile
Ebit Per Revenue0.0960.16190.1377
Very volatile
Quick Ratio1.090.73231.0477
Slightly volatile
Net Income Per E B T0.580.83210.7851
Very volatile
Cash Ratio0.220.15940.3385
Slightly volatile
Cash Conversion Cycle99.7880.142275.0764
Pretty Stable
Operating Cash Flow Sales Ratio0.10.15840.1279
Very volatile
Days Of Inventory Outstanding56.0683.550970.1104
Slightly volatile
Days Of Sales Outstanding67.5761.944361.7767
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.580.85590.7763
Very volatile
Cash Flow Coverage Ratios0.580.3630.3761
Slightly volatile
Price To Book Ratio4.424.21223.3915
Slightly volatile
Current Ratio1.751.35621.6393
Slightly volatile
Fixed Asset Turnover6.238.17797.8766
Very volatile
Price Cash Flow Ratio8.4816.096212.9497
Slightly volatile
Enterprise Value Multiple15.1514.42511.1535
Slightly volatile
Debt Ratio0.20.32440.2988
Slightly volatile
Cash Flow To Debt Ratio0.580.3630.3761
Slightly volatile
Price Sales Ratio2.682.54911.7717
Slightly volatile
Return On Assets0.09720.09310.0862
Very volatile
Receivables Turnover4.785.89245.8977
Slightly volatile
Asset Turnover1.170.74350.8499
Pretty Stable
Net Profit Margin0.06940.12520.1028
Pretty Stable
Gross Profit Margin0.290.36560.3635
Slightly volatile
Price Fair Value4.424.21223.3915
Slightly volatile
Return On Equity0.140.2070.197
Slightly volatile

Dover Fundamental Market Drivers

Forward Price Earnings19.305
Cash And Short Term Investments398.6 M

Dover Upcoming Events

1st of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
1st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Dover Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Dover income statement, its balance sheet, and the statement of cash flows. Dover investors use historical funamental indicators, such as Dover's revenue or net income, to determine how well the company is positioned to perform in the future. Although Dover investors may use each financial statement separately, they are all related. The changes in Dover's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dover'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 Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dover. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue211.3 M148.7 M
Total Revenue8.4 B5.8 B
Cost Of Revenue5.4 B3.7 B
Ebit Per Revenue 0.16  0.1 

Dover Investors Sentiment

The influence of Dover'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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to Dover's public news can be used to forecast risks associated with an investment in Dover. The trend in average sentiment can be used to explain how an investor holding Dover can time the market purely based on public headlines and social activities around Dover. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dover's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dover's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dover's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dover.
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 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's short interest history, or implied volatility extrapolated from Dover options trading.

Pair Trading with Dover

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 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 will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dover Stock

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The ability to find closely correlated positions to Dover 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 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 - 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 to buy it.
The correlation of Dover is a statistical measure of how it moves in relation to other instruments. 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dover 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 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
When determining whether Dover is a strong investment it is important to analyze Dover's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dover's future performance. For an informed investment choice regarding Dover Stock, refer to the following important reports:
Check out the analysis of Dover Correlation against competitors.
For more information on how to buy Dover Stock please use our How to Invest in Dover guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running Dover's price analysis, check to measure Dover'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 is operating at the current time. Most of Dover's value examination focuses on studying past and present price action to predict the probability of Dover's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dover's price. Additionally, you may evaluate how the addition of Dover to your portfolios can decrease your overall portfolio volatility.
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Is Dover'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. 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 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
0.128
Dividend Share
2.03
Earnings Share
7.52
Revenue Per Share
60.338
Quarterly Revenue Growth
(0.02)
The market value of Dover 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's value that differs from its market value or its book value, called intrinsic value, which is Dover'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's market value can be influenced by many factors that don't directly affect Dover'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dover is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dover'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.