Stock · DOV · Industrials

Dover Corporation

United States · Large Cap · listed since 1985 · Revenue 12 mo. $8.6B

Price as of 11/06/2026

StockScorer score
6.4
of 10 7 of 11 points High Match To the score
Price
$203.85
1 Y +4.6%
Market cap
$26.1B
Phase
Mature
core business profitable, revenue barely moving
Revenue +1.0% a year (3 years)EBIT margin 17.0%Payout 19.9% of operating cash flow

Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide.

moreless

Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company's Engineered Products segment provides various equipment, component, software, solution, and services that are used in vehicle aftermarket, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market. This segment offers software solutions and services used in light and heavy-duty vehicle lifts, wheel service equipment, vehicle diagnostics, and vehicle collision repair solutions; winches, hoists, bearings, drives, and electric monitoring system; and radio frequency and microwave filters and switches, and signal intelligence solutions, as well as soldering and fluid dispensing solutions. Its Clean Energy & Fueling segment offers component, equipment, and software and service solution enabling safe storage and transport of fuel, cryogenic gases, and hazardous fluids, as well as operation of retail fueling and vehicle wash establishment. The company's Imaging & Identification segment provides precision marking and coding, product traceability equipment, brand protection, and digital textile printing equipment and solution, as well as consumable, software, and service to packaged and consumer goods, pharmaceutical, industrial manufacturing, textile, and other end-market. Its Pumps & Process Solutions segment manufactures specialty pump, connector, flow meter, fluid connecting solution, plastics and polymer processing equipment, and engineered components for rotating and reciprocating machines. The company's Climate & Sustainability Technologies segment manufactures refrigeration system, refrigeration display case, commercial glass refrigerator and freezer door, and brazed plate heat exchanger for industrial heating and cooling, and residential climate control applications. Dover Corporation was incorporated in 1947 and is headquartered in Downers Grove, Illinois.

Original text from the data provider

Summary

Dover Corporation is around the middle of the Industrials sector overall

54.7 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 10.4% FCF growth a year, more than achieved over the last 5 and 10 years.

If free cash flow stays at €1B (2025), it supports €11.1B. The remaining €12.3B of the market value assume it grows 10.4% a year for 10 years and not at all afterwards.

Required FCF growth per year

10.4%

no growth afterwards

Market value breakdown€23.4B market value, price as of 11/06/2026

€11.1B without growth
€12.3B priced-in growth
  • 5 yrs achieved 4.8%
  • 10 yrs achieved 3.5%
  • priced in 10.4%

Valuation against its own history

Price to operating cash flow 19.5×, below its usual range.

Middle half of 20 quarters: 19.9× to 23.7×, median 20.8×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

2 signs support the expectation, 2 speak against it.

What supports it

with respect to the priced-in expectation

  • Low capital needs capex median 2.5% of revenue (10 years)
  • Steady FCF margin at least 7.5%, range 6.6 pp (10 years)

What speaks against it

with respect to the priced-in expectation

  • Expectation above the company's own record priced in 10.4%, achieved at most 4.8%
  • Earnings declined earnings −59.4% year on year

Since the last quarter

Q2 → Q3 2026

A calm quarter: no figure moved noticeably.

8 more unchanged: Revenue, 12 mo., FCF, 12 mo., Gross margin, EBIT margin, FCF margin, Net debt, Shares outstanding, Return on equity

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability72.1above the middleEarns more than the sector: FCF margin 13.81%, sector 8.50%.
MetricStockSector medianPosition in sector
Return on equity14.77%13.10%Rank 56
Return on capital (Greenblatt)44.19%19.33%Rank 76
EBIT margin16.97%11.28%Rank 73
FCF margin13.81%8.50%Rank 79
Gross margin39.77%28.98%Rank 77
Growth40.0around the middleGrows about as fast as the sector.
MetricStockSector medianPosition in sector
Revenue growth, 1 year4.48%5.15%Rank 48
Earnings growth, 3 years per year2.22%8.01%Rank 36
Earnings growth, 5 years per year11.01%12.89%Rank 43
Sustainable growth (ROE × retained earnings)2.72%4.02%Rank 34
Valuation43.7around the middleValued about like the sector.
MetricStockSector medianPosition in sector
Earnings yield3.89%4.42%Rank 41
FCF yield4.28%3.98%Rank 56
EV/saleslower is better3.482.08Rank 32
EV/EBITlower is better20.5319.47Rank 47
Momentum53.2around the middleShare price moving about like the sector.
MetricStockSector medianPosition in sector
Share price, 1 year4.55%−0.01%Rank 59
Share price, 6 months−6.79%−1.43%Rank 38
Share price, 3 months1.68%0.53%Rank 54
Distance from 52-week high−12.63%−16.36%Rank 62
Quality51.5around the middleQuality about like the sector.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better4.96%1.39%Rank 23
Change in share countlower is better−0.48%−0.44%Rank 51
Dividend streak in years415Rank 100
Price reaction to results, market-adjusted−1.06%0.27%Rank 33
Balance sheet & risk68.0above the middleLess risk than the sector: Equity ratio 55.17%, sector 39.65%.
MetricStockSector medianPosition in sector
Equity ratio55.17%39.65%Rank 78
Net debt/EBITDAlower is better1.131.38Rank 56
Debt to equitylower is better0.510.61Rank 59
Volatility, 1 yearlower is better25.04%32.95%Rank 78

Ten years in figures

Revenue from $6.0B (2016) to $8.1B (2025), 3.3% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCFSharesNet debt, $B
20166.011.7%$696.8M157M3.3
20176.811.8%$665.6M158M2.8
20187.012.1%$618.2M152M2.8
20197.113.7%$758.5M147M2.8
20206.714.0%$939.1M145M2.6
20217.916.2%$944.4M145M2.9
20227.816.3%$584.8M144M3.5
20238.416.2%$1.1B141M3.3
20247.715.6%$580.8M139M1.3
20258.117.0%$1.1B138M2.1
6.4 / 10High MatchStockScorer score7 of 11 points

4 of 7 StockScorer Score rules met · How the score is built

Dover Corporation mainly meets criteria in the Profitability category. Result from 18 strategies checked.

This stock · Profitability: 100%This stock · Growth: 0%This stock · Valuation: 100%This stock · Momentum: 0%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Dover Corporation's score is built

Dover Corporation is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

4 of 7 rules met

7 of 11 points

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector medianmet2 of 2 points
  3. Return on equity above the sector medianmet1 of 1 point
  4. Free cash flow margin above the sector medianmet2 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.not met0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketnot met0 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does Dover Corporation stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Earnings Quality: Accrual Check (Sloan)
  • Moat Quality
  • Dividend Aristocrats & Continuity
  • Magic Formula: Value + Quality
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Balanced GARP
  • High-Growth / Rule of 40
  • Levermann Strategy (13 Criteria)
  • PEG Strategy (inspired by Peter Lynch)
  • Trending Value: Value + Momentum
  • Undervalued Stocks: Multi-Factor Check
  • Growth Momentum (CAN SLIM principle)

Dover Corporation key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Dover Corporation.

MetricStockSector
P/E ratio25.722.5
P/B ratio3.82.9
Return on equity (ROE)14.8%13.1%
Equity ratio55.2%39.7%
Debt-to-equity (D/E)0.510.61
Dividend yield1.0%2.0%

Similar stocks in Industrials

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
DOVDover Corporationthis page
SYMSymbotic Inclocked
OTISOtis Worldwide CorpMedium5.5
IRIngersoll Rand IncLow3.6
XYLXylem Inclocked
ITTITT Inclocked

Frequently asked questions about Dover Corporation stock

How does Dover Corporation stock (DOV) score in the StockScorer model?
Dover Corporation stock reaches a StockScorer score of 6.4 out of 10, which is a high match with the rule-based strategies. 4 out of 7 flagship profile rules are met.
What is Dover Corporation's P/E ratio?
Dover Corporation's P/E ratio is 25.7. The Industrials sector median is 22.5.
What sector is Dover Corporation in?
Dover Corporation is assigned to the Industrials sector. Its rank within the sector is 54.7 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

Unlock the full analysis for free

Signed up in 30 seconds, free.

  • More metrics: FCF margin, cash flow yield and more
  • Full peer comparison within the same sector
  • See the match across all strategies in detail
  • Apply your own scoring profile to any stock
  • Add the stock to your watchlist and track score changes
  • Daily updated ratings, rule-based and transparent

Learn more about the metrics in the metrics glossary or all rated stocks in the stock overview.

How StockScorer rates every stock is explained on the methodology page.