DOV
Dover Corporation
$229.40
▲ 2.6%Updated Today 7:15 PM ET
▲ Up 27.2% over the last 12 months
Market Cap
$30.11B
P/E
27.4x
Forward P/E (est.)
39.14x
ROE
14.7%
Revenue Growth
4.0%
EPS Growth
-51.6%
Profit Margin
13.3%
FCF Yield
4.3%
Debt / Equity
0.45x
ROIC
10.0%
Interest Coverage
10.46x
Current Ratio
1.87x
Dividend Yield
0.9%
Implied Growth (rev. DCF)
5.1%
Rating Score
44/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what DOV's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. DOV trades near $229.40, above its 50-day average ($217.50) and 200-day average ($200.10). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 61 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. DOV's is $5.81 (~2.5% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month DOV found buyers near $204.52 (support) and sellers near $228.05 (resistance); its 52-week range is $158.97–$237.54. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 1.5× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
Dover Corporation (DOV) is a large-cap company in the Industrial Machinery & Supplies & Components industry, part of the Industrials sector of the S&P 500, with a market value around $30.11B.
In its latest reported year it generated about $8.09B in revenue and $1.09B in net profit.
Our model rates DOV Neutral (44/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
0.6%
Revenue moved from $7.91B in 2021 to $8.09B in 2025, a 0.6% compound annual growth rate. The most recent year was roughly flat (4.0%) year over year. Slower, mature growth is common for established businesses.
Gross Margin
39.8%
Operating Margin
17.0%
Net Margin
13.5%
ROE
14.7%
Dover Corporation keeps about 13.3% of each sales dollar as net profit, with a 39.8% gross margin and 17.0% operating margin. Return on equity is 14.7% and return on invested capital about 10.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$3.29B
Net Debt
$2.55B
Net Debt / EBITDA
1.86x
Debt / Equity
0.45x
Leverage: debt-to-equity is 0.5x, and operating profit covers interest about 10.5x, with a current ratio of 1.9x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $3.29B of total debt against $739.14M of cash.
Operating CF
$1.34B
Free Cash Flow
$1.12B
FCF Margin
13.8%
In the latest year Dover Corporation produced about $1.34B of operating cash flow and $1.12B of free cash flow after capital spending. That is a free-cash-flow yield of about 4.3% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
P/E
27.4x
P/S
3.71x
P/B
3.63x
EV / EBITDA
18.56x
DOV trades at 27.4x trailing earnings (about 39.1x on estimated forward earnings), 3.7x sales, and 3.6x book value. Reverse-engineering today's price implies the market expects roughly 5.1% long-term free-cash-flow growth. That is a premium multiple that needs growth to justify it.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How DOV stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.
In the Industrials sector (80 S&P 500 companies), DOV ranks #61 of 80 by our overall rating. It trades at roughly in line versus the sector on earnings (27.4x P/E vs. 30x median) with a lower return on equity (14.7% vs. 24.7%) and slower revenue growth (4.0% vs. 5.0%).
P/E vs sector
27.4x
median 30x
ROE vs sector
14.7%
median 24.7%
Growth vs sector
4.0%
median 5.0%
Sector rank
#61
of 80 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 80 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$163.78 – $276.38
vs. $229.40 today · expected CAGR -7% – 4%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $8.42B | $8.75B | $9.10B | $9.47B | $9.85B |
| Net income | $1.18B | $1.23B | $1.27B | $1.33B | $1.38B |
| EPS | $8.75 | $9.10 | $9.46 | $9.84 | $10.24 |
| Share price (low) | $140.00 | $145.60 | $151.42 | $157.48 | $163.78 |
| Share price (high) | $236.25 | $245.70 | $255.53 | $265.75 | $276.38 |
| CAGR (low–high) | -39% / 3% | -20% / 3% | -13% / 4% | -9% / 4% | -7% / 4% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for DOV:
- Healthy free-cash-flow yield (~4.3%) funds buybacks and dividends.
- A conservative balance sheet (debt/equity 0.5x) lowers risk.
The case against DOV:
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the picture is mixed: Dover Corporation is a large-cap industrials business growing at a mature pace, with solid profitability, and a sound balance sheet. It trades at 27.4x earnings, which our model scores Neutral (44/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.