SequelSEC

DOVER Corp DOV

Construction, Mining & Materials Handling Machinery & Equip · CIK 0000029905 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$2.23B
Fiscal year ended 2026-09-30
Operating income
$419.19M
Fiscal year ended 2026-09-30
Free cash flow
Unavailable
Fiscal year ended 2026-09-30

Valuation, from the filing

Public float$25.03BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$185.63Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income22.9×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue3.1×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity3.4×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 measuredPublic floatFloat / net income
2025-06-30$25.03B22.9×
2024-06-30$24.71B9.2×
2023-06-30$20.56B19.5×
2022-06-30$17.35B16.3×
2021-06-30$21.61B19.2×
2020-06-30$13.86B20.3×
2019-06-30$14.53B21.4×
2018-06-30$10.78B18.9×
2017-06-30$12.39B15.3×
2016-06-30$10.67B21.0×

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

DOVER Corp income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-302026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
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 & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 134.88Mshares 135.55Mshares 135.90MUnavailableshares 138.03Mshares 137.97Mshares 138.26MUnavailableshares 138.22Mshares 138.40M
Pretax incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$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$1.75Unavailable$2.19$2.02$1.67Unavailable$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 & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

DOVER Corp balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-302026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Cash & equivalentsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
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 liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
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) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
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

DOVER Corp cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-302026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Operating cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$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 flowUnavailableUnavailable-$61.66MUnavailableUnavailableUnavailable-$74.19MUnavailableUnavailable$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

DOVER Corp derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-302026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross margin40.4%40.2%38.9%39.1%40.1%39.9%40.0%38.6%38.5%38.6%
Operating margin18.8%17.9%14.9%16.5%18.2%17.3%15.9%15.3%16.8%16.6%
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenue0.3%0.3%1.0%0.3%0.3%0.3%1.3%0.4%0.4%0.5%
Current ratio1.95x1.98x1.87x1.79x2.04x1.95x2.13x2.04x1.57x1.53x
Revenue YoY growth7.5%6.9%10.1%8.8%4.8%5.2%-0.9%1.3%1.3%-7.2%
Net margin14.9%14.3%11.6%13.4%14.5%13.6%12.4%74.4%17.5%14.5%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue2.5%2.2%2.9%2.7%2.6%3.0%2.6%2.8%1.9%1.8%
Long-term debt / equity0.34xUnavailableUnavailable0.35xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable21.5%UnavailableUnavailable

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

10-Q · Filed 2026-10-22View SEC filing
10-Q · Filed 2026-07-23View SEC filing
10-Q · Filed 2026-04-23View SEC filing
10-K · Filed 2026-02-13View SEC filing
10-Q · Filed 2025-10-23View SEC filing
10-Q · Filed 2025-07-24View SEC filing

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.