DOVER CORP (DOV) Fundamental Analysis & Valuation

NYSE:DOV • US2600031080

210.26 USD
-0.74 (-0.35%)
At close: Mar 10, 2026
210.26 USD
0 (0%)
After Hours: 3/10/2026, 8:19:05 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This DOV fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to DOV. DOV was compared to 131 industry peers in the Machinery industry. DOV has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. DOV is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

8

1. DOV Profitability Analysis

1.1 Basic Checks

  • DOV had positive earnings in the past year.
  • DOV had a positive operating cash flow in the past year.
  • DOV had positive earnings in each of the past 5 years.
  • In the past 5 years DOV always reported a positive cash flow from operatings.
DOV Yearly Net Income VS EBIT VS OCF VS FCFDOV Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

1.2 Ratios

  • The Return On Assets of DOV (8.15%) is better than 75.57% of its industry peers.
  • Looking at the Return On Equity, with a value of 14.77%, DOV is in the better half of the industry, outperforming 74.05% of the companies in the same industry.
  • DOV's Return On Invested Capital of 10.46% is fine compared to the rest of the industry. DOV outperforms 76.34% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for DOV is in line with the industry average of 10.16%.
  • The last Return On Invested Capital (10.46%) for DOV is above the 3 year average (10.37%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 8.15%
ROE 14.77%
ROIC 10.46%
ROA(3y)13.01%
ROA(5y)11.92%
ROE(3y)24.75%
ROE(5y)25.19%
ROIC(3y)10.37%
ROIC(5y)11.11%
DOV Yearly ROA, ROE, ROICDOV Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

1.3 Margins

  • Looking at the Profit Margin, with a value of 13.52%, DOV belongs to the top of the industry, outperforming 82.44% of the companies in the same industry.
  • DOV's Profit Margin has improved in the last couple of years.
  • DOV has a Operating Margin of 17.67%. This is amongst the best in the industry. DOV outperforms 81.68% of its industry peers.
  • DOV's Operating Margin has improved in the last couple of years.
  • The Gross Margin of DOV (40.16%) is better than 74.05% of its industry peers.
  • DOV's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 17.67%
PM (TTM) 13.52%
GM 40.16%
OM growth 3Y1.9%
OM growth 5Y3.86%
PM growth 3Y-0.16%
PM growth 5Y5.74%
GM growth 3Y2.66%
GM growth 5Y1.49%
DOV Yearly Profit, Operating, Gross MarginsDOV Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. DOV Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DOV is still creating some value.
  • DOV has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for DOV has been reduced compared to 5 years ago.
  • Compared to 1 year ago, DOV has a worse debt to assets ratio.
DOV Yearly Shares OutstandingDOV Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
DOV Yearly Total Debt VS Total AssetsDOV Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.2 Solvency

  • An Altman-Z score of 5.45 indicates that DOV is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 5.45, DOV is in the better half of the industry, outperforming 77.86% of the companies in the same industry.
  • The Debt to FCF ratio of DOV is 2.99, which is a good value as it means it would take DOV, 2.99 years of fcf income to pay off all of its debts.
  • DOV has a Debt to FCF ratio of 2.99. This is in the better half of the industry: DOV outperforms 70.23% of its industry peers.
  • DOV has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
  • DOV has a better Debt to Equity ratio (0.35) than 61.07% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.35
Debt/FCF 2.99
Altman-Z 5.45
ROIC/WACC1.15
WACC9.07%
DOV Yearly LT Debt VS Equity VS FCFDOV Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.3 Liquidity

  • A Current Ratio of 1.79 indicates that DOV should not have too much problems paying its short term obligations.
  • DOV has a Current ratio of 1.79. This is in the lower half of the industry: DOV underperforms 61.83% of its industry peers.
  • A Quick Ratio of 1.28 indicates that DOV should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.28, DOV is in line with its industry, outperforming 53.44% of the companies in the same industry.
  • DOV does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
Industry RankSector Rank
Current Ratio 1.79
Quick Ratio 1.28
DOV Yearly Current Assets VS Current LiabilitesDOV Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. DOV Growth Analysis

3.1 Past

  • DOV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.57%, which is quite good.
  • The Earnings Per Share has been growing by 11.15% on average over the past years. This is quite good.
  • Looking at the last year, DOV shows a decrease in Revenue. The Revenue has decreased by -1.14% in the last year.
  • DOV shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.90% yearly.
EPS 1Y (TTM)9.57%
EPS 3Y4.38%
EPS 5Y11.15%
EPS Q2Q%14.09%
Revenue 1Y (TTM)-1.14%
Revenue growth 3Y1.04%
Revenue growth 5Y3.9%
Sales Q2Q%8.77%

3.2 Future

  • Based on estimates for the next years, DOV will show a small growth in Earnings Per Share. The EPS will grow by 6.55% on average per year.
  • Based on estimates for the next years, DOV will show a small growth in Revenue. The Revenue will grow by 4.98% on average per year.
EPS Next Y10.63%
EPS Next 2Y9.57%
EPS Next 3Y9.3%
EPS Next 5Y6.55%
Revenue Next Year6.11%
Revenue Next 2Y5.25%
Revenue Next 3Y4.88%
Revenue Next 5Y4.98%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
DOV Yearly Revenue VS EstimatesDOV Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B 10B
DOV Yearly EPS VS EstimatesDOV Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6 8 10

More info and screens

Find the best growth stocksShow best growing peers

3

4. DOV Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 21.86, DOV is valued on the expensive side.
  • Based on the Price/Earnings ratio, DOV is valued a bit cheaper than 66.41% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.25, DOV is valued at the same level.
  • With a Price/Forward Earnings ratio of 19.76, DOV is valued on the expensive side.
  • DOV's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. DOV is cheaper than 61.83% of the companies in the same industry.
  • DOV is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.39, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 21.86
Fwd PE 19.76
DOV Price Earnings VS Forward Price EarningsDOV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as DOV.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of DOV is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 25.47
EV/EBITDA 16.64
DOV Per share dataDOV EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • The excellent profitability rating of DOV may justify a higher PE ratio.
PEG (NY)2.06
PEG (5Y)1.96
EPS Next 2Y9.57%
EPS Next 3Y9.3%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. DOV Dividend Analysis

5.1 Amount

  • DOV has a yearly dividend return of 0.96%, which is pretty low.
  • DOV's Dividend Yield is a higher than the industry average which is at 1.13.
  • With a Dividend Yield of 0.96, DOV pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 0.96%

5.2 History

  • The dividend of DOV has a limited annual growth rate of 1.05%.
  • DOV has been paying a dividend for at least 10 years, so it has a reliable track record.
  • DOV has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.05%
Div Incr Years34
Div Non Decr Years34
DOV Yearly Dividends per shareDOV Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2

5.3 Sustainability

  • DOV pays out 25.87% of its income as dividend. This is a sustainable payout ratio.
  • DOV's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP25.87%
EPS Next 2Y9.57%
EPS Next 3Y9.3%
DOV Yearly Income VS Free CF VS DividendDOV Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B
DOV Dividend Payout.DOV Dividend Payout, showing the Payout Ratio.DOV Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

DOV Fundamentals: All Metrics, Ratios and Statistics

DOVER CORP

NYSE:DOV (3/10/2026, 8:19:05 PM)

After market: 210.26 0 (0%)

210.26

-0.74 (-0.35%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)01-29
Earnings (Next)04-22
Inst Owners92.18%
Inst Owner Change0.72%
Ins Owners1.05%
Ins Owner Change3.13%
Market Cap28.36B
Revenue(TTM)8.09B
Net Income(TTM)1.09B
Analysts77.6
Price Target228.34 (8.6%)
Short Float %2.6%
Short Ratio2.75
Dividend
Industry RankSector Rank
Dividend Yield 0.96%
Yearly Dividend2.08
Dividend Growth(5Y)1.05%
DP25.87%
Div Incr Years34
Div Non Decr Years34
Ex-Date02-27
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.73%
Min EPS beat(2)0.03%
Max EPS beat(2)3.42%
EPS beat(4)4
Avg EPS beat(4)1.74%
Min EPS beat(4)0.03%
Max EPS beat(4)3.42%
EPS beat(8)7
Avg EPS beat(8)2.37%
EPS beat(12)9
Avg EPS beat(12)0.94%
EPS beat(16)12
Avg EPS beat(16)1.14%
Revenue beat(2)0
Avg Revenue beat(2)-1.36%
Min Revenue beat(2)-2.54%
Max Revenue beat(2)-0.19%
Revenue beat(4)0
Avg Revenue beat(4)-1.18%
Min Revenue beat(4)-2.54%
Max Revenue beat(4)-0.19%
Revenue beat(8)2
Avg Revenue beat(8)-1.03%
Revenue beat(12)2
Avg Revenue beat(12)-1.82%
Revenue beat(16)3
Avg Revenue beat(16)-1.52%
PT rev (1m)1.13%
PT rev (3m)5.36%
EPS NQ rev (1m)0.03%
EPS NQ rev (3m)-3.96%
EPS NY rev (1m)0.05%
EPS NY rev (3m)0.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.03%
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)0.63%
Valuation
Industry RankSector Rank
PE 21.86
Fwd PE 19.76
P/S 3.5
P/FCF 25.47
P/OCF 21.26
P/B 3.83
P/tB 131.56
EV/EBITDA 16.64
EPS(TTM)9.62
EY4.58%
EPS(NY)10.64
Fwd EY5.06%
FCF(TTM)8.25
FCFY3.93%
OCF(TTM)9.89
OCFY4.7%
SpS60
BVpS54.91
TBVpS1.6
PEG (NY)2.06
PEG (5Y)1.96
Graham Number109.02
Profitability
Industry RankSector Rank
ROA 8.15%
ROE 14.77%
ROCE 13.12%
ROIC 10.46%
ROICexc 12.36%
ROICexgc 55.99%
OM 17.67%
PM (TTM) 13.52%
GM 40.16%
FCFM 13.76%
ROA(3y)13.01%
ROA(5y)11.92%
ROE(3y)24.75%
ROE(5y)25.19%
ROIC(3y)10.37%
ROIC(5y)11.11%
ROICexc(3y)11.88%
ROICexc(5y)12.24%
ROICexgc(3y)48.57%
ROICexgc(5y)48.26%
ROCE(3y)13.23%
ROCE(5y)14.37%
ROICexgc growth 3Y9.86%
ROICexgc growth 5Y4.59%
ROICexc growth 3Y0.1%
ROICexc growth 5Y1.81%
OM growth 3Y1.9%
OM growth 5Y3.86%
PM growth 3Y-0.16%
PM growth 5Y5.74%
GM growth 3Y2.66%
GM growth 5Y1.49%
F-Score6
Asset Turnover0.6
Health
Industry RankSector Rank
Debt/Equity 0.35
Debt/FCF 2.99
Debt/EBITDA 1.45
Cap/Depr 58.03%
Cap/Sales 2.72%
Interest Coverage 13.77
Cash Conversion 73.69%
Profit Quality 101.77%
Current Ratio 1.79
Quick Ratio 1.28
Altman-Z 5.45
F-Score6
WACC9.07%
ROIC/WACC1.15
Cap/Depr(3y)55.91%
Cap/Depr(5y)59.65%
Cap/Sales(3y)2.42%
Cap/Sales(5y)2.43%
Profit Quality(3y)77.47%
Profit Quality(5y)74.45%
High Growth Momentum
Growth
EPS 1Y (TTM)9.57%
EPS 3Y4.38%
EPS 5Y11.15%
EPS Q2Q%14.09%
EPS Next Y10.63%
EPS Next 2Y9.57%
EPS Next 3Y9.3%
EPS Next 5Y6.55%
Revenue 1Y (TTM)-1.14%
Revenue growth 3Y1.04%
Revenue growth 5Y3.9%
Sales Q2Q%8.77%
Revenue Next Year6.11%
Revenue Next 2Y5.25%
Revenue Next 3Y4.88%
Revenue Next 5Y4.98%
EBIT growth 1Y5%
EBIT growth 3Y2.96%
EBIT growth 5Y7.91%
EBIT Next Year31.05%
EBIT Next 3Y13.08%
EBIT Next 5Y9.12%
FCF growth 1Y91.67%
FCF growth 3Y23.25%
FCF growth 5Y3.46%
OCF growth 1Y78.2%
OCF growth 3Y18.29%
OCF growth 5Y3.84%

DOVER CORP / DOV FAQ

What is the fundamental rating for DOV stock?

ChartMill assigns a fundamental rating of 6 / 10 to DOV.


What is the valuation status of DOVER CORP (DOV) stock?

ChartMill assigns a valuation rating of 3 / 10 to DOVER CORP (DOV). This can be considered as Overvalued.


What is the profitability of DOV stock?

DOVER CORP (DOV) has a profitability rating of 8 / 10.


What is the valuation of DOVER CORP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for DOVER CORP (DOV) is 21.86 and the Price/Book (PB) ratio is 3.83.


How sustainable is the dividend of DOVER CORP (DOV) stock?

The dividend rating of DOVER CORP (DOV) is 6 / 10 and the dividend payout ratio is 25.87%.