Valuation, from the filing
| Public float | $25.03B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $185.63 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 22.9× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 3.1× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 3.4× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Valuation over time
22.9× earnings today, against a median of 19.3× across 10 years on record. Above its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-06-30 | $25.03B | 22.9× | |
| 2024-06-30 | $24.71B | 9.2× | |
| 2023-06-30 | $20.56B | 19.5× | |
| 2022-06-30 | $17.35B | 16.3× | |
| 2021-06-30 | $21.61B | 19.2× | |
| 2020-06-30 | $13.86B | 20.3× | |
| 2019-06-30 | $14.53B | 21.4× | |
| 2018-06-30 | $10.78B | 18.9× | |
| 2017-06-30 | $12.39B | 15.3× | |
| 2016-06-30 | $10.67B | 21.0× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
DOVER Corp (DOV) reported revenue of $2.23B and net income of $333.33M for the fiscal year ended 2026-09-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from DOVER Corp’s SEC filings, each linked to the filing it came from.
Income
| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.23B | $2.19B | $2.05B | $2.10B | $2.08B | $2.05B | $1.87B | $1.93B | $1.98B | $1.95B |
| Cost of revenue | $1.33B | $1.31B | $1.26B | $1.28B | $1.24B | $1.23B | $1.12B | $1.18B | $1.22B | $1.20B |
| Gross profit | $903.43M | $880.61M | $798.14M | $820.81M | $833.59M | $818.26M | $745.50M | $745.72M | $763.19M | $752.52M |
| Operating income | $419.19M | $391.79M | $305.91M | $345.30M | $377.15M | $354.60M | $296.31M | $295.06M | $333.62M | $323.47M |
| Net income | $333.33M | $312.25M | $238.43M | $282.08M | $302.00M | $279.06M | $230.82M | $1.44B | $347.10M | $281.82M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 134.88M | shares 135.55M | shares 135.90M | Unavailable | shares 138.03M | shares 137.97M | shares 138.26M | Unavailable | shares 138.22M | shares 138.40M |
| Pretax income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $303.65M | $386.33M | $353.29M |
| Income tax expense | $83.87M | $75.15M | $60.15M | $65.76M | $82.95M | $71.97M | $56.14M | $65.27M | $73.43M | $60.77M |
| Diluted EPS | $2.47 | $2.30 | $1.75 | Unavailable | $2.19 | $2.02 | $1.67 | Unavailable | $2.51 | $2.04 |
| Selling, general & administrative | $484.24M | $488.82M | $492.23M | $475.51M | $456.44M | $463.66M | $449.19M | $450.66M | $429.57M | $429.06M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total assets | $13.68B | $13.69B | $13.51B | $13.42B | $13.42B | $13.16B | $12.65B | $12.51B | $11.91B | $11.29B |
| Current assets | $4.96B | $4.95B | $4.68B | $4.51B | $4.50B | $4.22B | $4.55B | $4.48B | $3.75B | $3.27B |
| Total liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current liabilities | $2.55B | $2.50B | $2.51B | $2.52B | $2.21B | $2.17B | $2.14B | $2.20B | $2.39B | $2.13B |
| Total equity incl. NCI | $7.64B | $7.70B | $7.49B | $7.41B | $7.66B | $7.44B | $7.14B | $6.95B | $5.70B | $5.36B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $1.47B | $1.42B | $1.37B | $1.27B | $1.32B | $1.31B | $1.21B | $1.14B | $1.21B | $1.24B |
| Accounts receivable | $1.57B | $1.52B | $1.44B | $1.37B | $1.45B | $1.48B | $1.38B | $1.35B | $1.43B | $1.56B |
| Goodwill | $5.38B | $5.38B | $5.40B | $5.43B | $5.40B | $5.37B | $4.96B | $4.91B | $4.97B | $4.95B |
| Long-term debt | $2.58B | $2.58B | $2.60B | $2.62B | $2.67B | $2.67B | $2.57B | $2.53B | $3.01B | $2.96B |
| Accounts payable | $943.34M | $955.74M | $975.51M | $875.68M | $861.57M | $869.91M | $844.06M | $848.01M | $865.19M | $974.32M |
Cash flow
| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $203.66M |
| Capital expenditures | $55.41M | $47.78M | $59.81M | $56.99M | $54.15M | $60.93M | $48.19M | $53.91M | $37.75M | $35.82M |
| Investing cash flow | Unavailable | Unavailable | -$61.66M | Unavailable | Unavailable | Unavailable | -$74.19M | Unavailable | Unavailable | $28.16M |
| Financing cash flow | -$406.32M | -$73.59M | -$161.45M | -$344.52M | -$73.88M | -$84.24M | -$122.23M | -$453.23M | $92.99M | -$830.66M |
| Net change in cash | -$62.80M | $114.06M | -$34.89M | $124.00M | $287.91M | -$540.43M | -$39.56M | $1.45B | $68.01M | -$601.20M |
| Stock-based compensation | $5.65M | $6.80M | $20.96M | $6.38M | $6.73M | $7.00M | $23.87M | $8.06M | $8.19M | $9.42M |
| Common dividends paid | $70.34M | $70.00M | $70.45M | $69.83M | $71.16M | $70.62M | $71.40M | $70.75M | $70.72M | $70.21M |
| Common share repurchases | $331.59M | $0 | $53.94M | $500.00M | $0 | $0 | $40.70M | $0 | $0 | $0 |
| Depreciation & amortization | $97.97M | $96.81M | $97.42M | $99.32M | $98.46M | $94.38M | $87.42M | $86.66M | $86.67M | $82.74M |
Derived
| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | 40.4% | 40.2% | 38.9% | 39.1% | 40.1% | 39.9% | 40.0% | 38.6% | 38.5% | 38.6% |
| Operating margin | 18.8% | 17.9% | 14.9% | 16.5% | 18.2% | 17.3% | 15.9% | 15.3% | 16.8% | 16.6% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 0.3% | 0.3% | 1.0% | 0.3% | 0.3% | 0.3% | 1.3% | 0.4% | 0.4% | 0.5% |
| Current ratio | 1.95x | 1.98x | 1.87x | 1.79x | 2.04x | 1.95x | 2.13x | 2.04x | 1.57x | 1.53x |
| Revenue YoY growth | 7.5% | 6.9% | 10.1% | 8.8% | 4.8% | 5.2% | -0.9% | 1.3% | 1.3% | -7.2% |
| Net margin | 14.9% | 14.3% | 11.6% | 13.4% | 14.5% | 13.6% | 12.4% | 74.4% | 17.5% | 14.5% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 2.5% | 2.2% | 2.9% | 2.7% | 2.6% | 3.0% | 2.6% | 2.8% | 1.9% | 1.8% |
| Long-term debt / equity | 0.34x | Unavailable | Unavailable | 0.35x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 21.5% | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open DOV in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.