Dover Corporation (DOV) Stock

About Dover Corporation

Dover Corporation operates as a global enterprise, supplying a wide array of industrial equipment, essential components, consumable products, replacement parts, software and digital platforms, and comprehensive support services. Its Engineered Products division delivers diverse machinery, parts, software, and solutions tailored for various industries, including automotive aftermarket service, waste management, industrial automation, aerospace and defense, heavy-duty winching and hoisting, and fluid dispensing. This segment also manufactures specific items such as manual and power clamps, rotary and linear mechanical indexers, conveyors, robotic pick-and-place units, glove ports, manipulators, and end-of-arm tooling like grippers, slides, and end effectors. The Clean Energy & Fueling segment focuses on providing components, equipment, software, and services crucial for the secure transportation of both traditional and sustainable fuels, along with other hazardous materials, throughout the supply chain. It further supports the operations of convenience retail outlets, fuel stations, and vehicle wash establishments. Through its Imaging and Identification segment, Dover offers solutions for precision marking and coding, intelligent packaging, product traceability, brand protection, and digital textile printing equipment. These offerings, along with associated consumables, software, and services, cater to markets like packaged and consumer goods, pharmaceuticals, industrial manufacturing, and fashion and apparel. The Pumps and Process Solutions segment is responsible for producing specialized pumps, connectors, flow meters, fluid connection systems, plastics and polymer processing machinery, and custom-engineered components for rotating and reciprocating equipment. Finally, the Climate & Sustainability Technologies segment manufactures advanced refrigeration systems, commercial refrigeration display cases, glass doors for refrigerators and freezers, and brazed plate heat exchangers, serving applications in industrial heating and cooling as well as residential climate control. Dover distributes its extensive product portfolio through both direct sales channels and a broad network of distributors. The company was founded in 1947 and maintains its headquarters in Downers Grove, Illinois.

Dover Corporation is led by CEO Richard Joseph Tobin, employs 24,000 people, headquartered in Downers Grove, US, publicly traded since 1980.

Dover Corporation (DOV) stock trades at $211.13 with a market capitalization of $28.43B. The stock is valued at a price-to-earnings (P/E) ratio of 27.76, price-to-book of 4.00, price-to-sales of 3.43. Over the past 52 weeks the stock has ranged between $158.97 and $237.54, and currently trades 11.1% below its 52-week high. It pays a dividend yielding 0.98%.

On profitability, Dover Corporation generates a return on equity (ROE) of 14.77%, above the typical market average, return on capital employed of 18.54%, an operating margin of 16.97%, a net profit margin of 13.30%.

In its most recent fiscal year, Dover Corporation reported annual revenue of $8.1B, net profit of $1.1B, revenue has compounded at 3.9% a year over the last five years, profit at 9.9% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.44 — a conservative balance sheet with little leverage risk, a current ratio of 1.79, total assets of $13.4B, $513.0M in cash and equivalents.

DOV has an average daily trading volume of 1,059,341 shares, a beta of 1.17.

Official website: www.dovercorporation.com