Stocks · Industrials · Industrial - Machinery
Dover Corporation DOV
$189.69 +0.87% Close, Oct 2, 2026 · NYSE · Market cap $25.55B
Low risk
Next earnings report: Oct 22, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $8.28, down 50.1% year over year.
- Earnings beat analyst estimates in each of the last 6 quarters (average surprise over the last four: +1.6%).
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth36Weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 49%
- EPS growth (TTM, YoY)Bottom 17%
- FCF growth (TTM, YoY)Top 14%
- Revenue growth, 3-year CAGRBottom 33%
- Revenue growth accelerationBottom 37%
Quality77Positive
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 27%
- Gross marginTop 24%
- Operating marginTop 18%
- Cash conversion (OCF / net income)Bottom 31%
- Accruals (lower is better)Bottom 28%
- Net debt / EBITDA (lower is better)Top 33%
- Interest coverTop 20%
Value57Neutral
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 24%
- Free-cash-flow yieldTop 35%
- EBITDA / enterprise valueTop 43%
- Sales / enterprise valueBottom 34%
- P/E vs own 5-year history (lower is better)Bottom 33%
Momentum47Neutral
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 44%
- 6-month returnBottom 34%
- 1-year return vs S&P 500Top 43%
- Distance from 52-week highTop 40%
- Trend checklist (0–4)Bottom 40%
Revisions67Positive
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 37%
- Consecutive EPS beatsTop 20%
- Share of analysts rating BuyTop 32%
- Upside to consensus price targetBottom 46%
Stability89Strong
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 14%
- Maximum drawdown, 3 yearsTop 8%
- Beta vs S&P 500 (lower is better)Top 42%
- Net debt / EBITDA (lower is better)Top 33%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 7.1% | 7.6% | ↑ |
| EPS growth (YoY) | -51.8% | -50.1% | ↑ |
| Gross margin | 39.2% | 39.6% | ↑ |
| Operating margin | 16.3% | 16.9% | ↑ |
| FCF margin | 7.1% | 13.9% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 7.6% | 7.1% | ↑ | Bottom 49% |
| EPS growth (TTM, YoY) | -50.1% | -51.8% | ↑ | Bottom 17% |
| Gross margin | 39.6% | 39.2% | ↑ | Top 24% |
| Operating margin | 16.9% | 16.3% | ↑ | Top 18% |
| Net margin | 13.5% | 29.3% | ↓ | — |
| Free-cash-flow margin | 13.9% | 7.1% | ↑ | — |
| Return on invested capital | 9.6% | — | Top 27% | |
| Revenue growth, 3-year CAGR | 1.0% | — | Bottom 33% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.23×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -1.9%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.5%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -4.8 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.84×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 12.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.10%
- Net buyback yield (TTM)
- 2.39%
- Shareholder yield
- 3.50%
- Share count change, 1 year
- -1.8%
- Share count change, 3-year CAGR
- -1.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 23, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 6
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +1.6%
- Average 2-day reaction, last 8
- +0.6%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $243.20
- Target vs current price
- +28.2%
- Analysts with a rating
- 28
- Share rating Buy or Strong Buy
- 68%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 23, 2026 | +0.7% | -7.8% | -7.7% | -5.7% | — |
| Apr 23, 2026 | +0.4% | +5.5% | +2.8% | -2.4% | -3.0% |
| Jan 29, 2026 | +0.8% | -1.7% | +6.8% | +10.3% | +9.1% |
| Oct 23, 2025 | +4.4% | +8.1% | +7.9% | +7.2% | +20.1% |
| Jul 24, 2025 | +2.1% | -2.2% | -4.5% | -6.4% | -13.0% |
| Apr 24, 2025 | +3.5% | +2.0% | +2.6% | +7.6% | +12.4% |
| Jan 30, 2025 | +0.0% | +4.1% | +3.7% | -0.4% | -14.4% |
| Oct 24, 2024 | -1.3% | -3.6% | +0.7% | +3.4% | +3.7% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 23, 2026 | $2.74 | $2.72 | +0.7% | $2.19B |
| Apr 23, 2026 | $2.28 | $2.27 | +0.4% | $2.05B |
| Jan 29, 2026 | $2.51 | $2.49 | +0.8% | $2.10B |
| Oct 23, 2025 | $2.62 | $2.51 | +4.4% | $2.08B |
| Jul 24, 2025 | $2.44 | $2.39 | +2.1% | $2.05B |
| Apr 24, 2025 | $2.05 | $1.98 | +3.5% | $1.87B |
| Jan 30, 2025 | $2.20 | $2.20 | +0.0% | $1.93B |
| Oct 24, 2024 | $2.27 | $2.30 | -1.3% | $1.98B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 22.9× | 18.8× | 76th | Top 24% |
| P/E (forward) | 17.8× | — | — | — |
| EV / EBITDA | 15.0× | — | — | Top 43% |
| EV / Sales | 3.21× | — | — | Bottom 34% |
| Free-cash-flow yield | 4.59% | — | — | Top 35% |
| Earnings yield | 4.37% | — | — | Top 24% |
P/E over the past five years
Range 10.2× – 29.3× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +14.0%
- Earnings per share growth (TTM)
- -50.1%
- Change in P/E multiple
- +112.2%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -5.0%
- 200-day average slope (20 days)
- +0.1%
- Distance from 50-day average
- -4.0%
- Distance from 200-day average
- -9.7%
- RSI (14)
- 45.1
- Relative volume
- 0.60×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 26.3%
- Volatility vs own 5-year history
- 65th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.97
- Correlation with S&P 500
- 0.61
- Current drawdown from 1-year high
- -18.7%
- Maximum drawdown, 3 years
- -26.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 7, 2022 | Sep 30, 2022 | -36.3% | 183 days | 402 days (May 8, 2024) |
| Nov 27, 2024 | Apr 8, 2025 | -26.8% | 88 days | 195 days (Jan 16, 2026) |
| Feb 20, 2026 | Sep 21, 2026 | -20.2% | 146 days | Not yet recovered |
| Sep 2, 2021 | Sep 30, 2021 | -11.6% | 19 days | 33 days (Nov 16, 2021) |
| Jan 12, 2021 | Jan 29, 2021 | -10.1% | 12 days | 24 days (Mar 5, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $25.55B
- P/E (TTM)
- 22.9
- EPS, diluted (TTM)
- $8.28
- Revenue (TTM)
- $8.42B
- Dividend yield
- 1.10%
- 52-week range
- $158.97 – $237.54
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $7.91B | $7.84B | $7.68B | $7.75B | $8.09B |
| Gross profit | $2.97B | $2.90B | $2.87B | $2.96B | $3.22B |
| Operating income | $1.28B | $1.28B | $1.22B | $1.21B | $1.37B |
| Net income | $1.12B | $1.07B | $1.06B | $2.70B | $1.09B |
| EPS (diluted) | $7.74 | $7.42 | $7.52 | $19.45 | $7.92 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.98B | $1.93B | $1.87B | $2.05B | $2.08B | $2.10B | $2.05B | $2.19B |
| Net income | $347.1M | $1.44B | $230.8M | $279.1M | $302.0M | $282.1M | $238.4M | $312.2M |
| EPS (diluted) | $2.51 | $10.38 | $1.67 | $2.02 | $2.19 | $2.04 | $1.75 | $2.30 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $1.12B | $805.7M | $1.34B | $748.4M | $1.34B |
| Capital expenditure | -$171.5M | -$221.0M | -$192.6M | -$167.5M | -$220.3M |
| Free cash flow | $944.4M | $584.8M | $1.14B | $580.8M | $1.12B |
| Dividends paid | -$286.9M | -$287.6M | -$284.3M | -$283.1M | $283.0M |
| Net share buybacks | -$21.6M | -$585.0M | -$12.1M | -$500.0M | $540.7M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $1.76B
- Total assets
- $13.69B
- Total liabilities
- $5.99B
- Total debt
- $3.26B
- Net debt
- $1.50B
- Shareholders’ equity
- $7.70B
As of Jun 30, 2026 (filed Jul 23, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 31, 2026 | $0.53 | Sep 15, 2026 |
| May 29, 2026 | $0.52 | Jun 15, 2026 |
| Feb 27, 2026 | $0.52 | Mar 13, 2026 |
| Nov 28, 2025 | $0.52 | Dec 15, 2025 |
| Aug 29, 2025 | $0.52 | Sep 15, 2025 |
| May 30, 2025 | $0.52 | Jun 16, 2025 |
| Feb 28, 2025 | $0.52 | Mar 14, 2025 |
| Nov 29, 2024 | $0.52 | Dec 16, 2024 |
Short interest
- Shares sold short
- 4,171,089
- Days to cover
- 3.09
- Change vs previous report
- -17.4%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- May 9, 2018
- 619-for-500
- Mar 3, 2014
- 241-for-200
- Dec 16, 1997
- 2-for-1
- Sep 18, 1995
- 2-for-1
- Sep 26, 1988
- 2-for-1