Dover (DOV) Stock Price

Dover Price

NYSE·CLOSED
211.42USD+1.79 (+0.85 %)
Market closed

Revenue has compounded at 1.2% per year over the past 19 years to 8.09 B USD. Earnings per share have grown at 5.8% per year over the last 19 years. Dover's net margin stands at 13.5%, broadly stable from 14.2% several years earlier. Dover currently offers a dividend yield of about 0.98%. The payout ratio is around 26% of earnings. The dividend has grown at 5.8% per year over the past 19 years. Analysts set a median price target of 228.99 USD, implying 8.3% above the current price. Of 25 analysts, 16 rate the stock a buy — an overall Buy consensus. The stock trades about 32% above its 52-week low.

Dover stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Dover over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Dover stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Dover's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Dover Stock Price History
DateDover Price
7/21/2026211.42 USD
7/20/2026209.63 USD
7/17/2026214.18 USD
7/16/2026217.51 USD
7/15/2026212.26 USD
7/14/2026214.15 USD
7/13/2026214.95 USD
7/10/2026215.33 USD
7/9/2026211.57 USD
7/8/2026211.64 USD
7/7/2026214.05 USD
7/6/2026213.18 USD
7/2/2026213.71 USD
7/1/2026217.17 USD
6/30/2026224.28 USD
6/29/2026223.65 USD
6/26/2026225.96 USD
6/25/2026230.73 USD
6/24/2026224.31 USD
6/23/2026223.54 USD
6/22/2026228.16 USD
6/18/2026225.02 USD
6/17/2026226.28 USD
6/16/2026224.33 USD
6/15/2026221.82 USD
6/12/2026219.92 USD
6/11/2026216.02 USD
6/10/2026217.91 USD
6/9/2026220.97 USD
6/8/2026216.19 USD
6/5/2026214.75 USD
6/4/2026214.47 USD
6/3/2026215.99 USD
6/2/2026212.51 USD
6/1/2026205.96 USD
5/29/2026212.07 USD
5/28/2026212.30 USD
5/27/2026214.09 USD
5/26/2026213.16 USD
5/22/2026208.96 USD
5/21/2026207.45 USD
5/20/2026208.47 USD
5/19/2026207.55 USD
5/18/2026210.83 USD
5/15/2026210.77 USD
5/14/2026214.36 USD
5/13/2026214.62 USD
5/12/2026216.71 USD
5/11/2026219.97 USD
5/8/2026219.83 USD
5/7/2026220.90 USD
5/6/2026227.18 USD
5/5/2026223.47 USD
5/4/2026220.86 USD
5/1/2026225.79 USD
4/30/2026226.41 USD
4/29/2026222.25 USD
4/28/2026224.14 USD
4/27/2026226.23 USD
4/24/2026224.78 USD
4/23/2026228.15 USD
4/22/2026216.17 USD
4/21/2026220.28 USD
4/20/2026221.90 USD
4/17/2026219.07 USD
4/16/2026214.17 USD
4/15/2026215.46 USD
4/14/2026218.48 USD
4/13/2026219.24 USD
4/10/2026217.12 USD
4/9/2026218.32 USD
4/8/2026216.69 USD
4/7/2026207.54 USD
4/6/2026207.48 USD
4/2/2026205.38 USD
4/1/2026207.30 USD
3/31/2026208.45 USD
3/30/2026202.81 USD
3/27/2026206.60 USD
3/26/2026209.21 USD
3/25/2026215.16 USD
3/24/2026215.58 USD
3/23/2026212.29 USD
3/20/2026209.37 USD
3/19/2026211.49 USD
3/18/2026211.49 USD
3/17/2026213.82 USD
3/16/2026207.42 USD
3/13/2026200.87 USD
3/12/2026203.80 USD
3/11/2026207.51 USD
3/10/2026210.26 USD
3/9/2026211.00 USD
3/6/2026208.42 USD
3/5/2026215.58 USD
3/4/2026221.84 USD
3/3/2026220.76 USD
3/2/2026226.40 USD
2/27/2026225.50 USD
2/26/2026227.14 USD
2/25/2026226.73 USD
2/24/2026231.35 USD
2/23/2026230.73 USD
2/20/2026233.31 USD
2/19/2026232.53 USD
2/18/2026232.08 USD
2/17/2026227.41 USD
2/13/2026231.63 USD
2/12/2026230.57 USD
2/11/2026233.07 USD
2/10/2026229.48 USD
2/9/2026224.99 USD
2/6/2026223.66 USD
2/5/2026217.55 USD
2/4/2026220.02 USD
2/3/2026211.66 USD
2/2/2026207.32 USD
1/30/2026201.49 USD
1/29/2026202.53 USD
1/28/2026206.00 USD
1/27/2026207.26 USD
1/26/2026207.70 USD
1/23/2026206.71 USD
1/22/2026209.43 USD
1/21/2026208.55 USD
1/20/2026201.28 USD
1/16/2026206.61 USD
1/15/2026205.86 USD
1/14/2026204.34 USD
1/13/2026204.40 USD
1/12/2026203.44 USD
1/9/2026201.90 USD
1/8/2026201.99 USD
1/7/2026199.38 USD
1/6/2026203.50 USD
1/5/2026202.27 USD
1/2/2026195.75 USD
12/31/2025195.24 USD
12/30/2025197.78 USD
12/29/2025199.03 USD
12/26/2025200.15 USD
12/24/2025199.56 USD
12/23/2025199.95 USD
12/22/2025199.51 USD
12/19/2025196.21 USD
12/18/2025196.07 USD
12/17/2025196.15 USD
12/16/2025196.61 USD
12/15/2025201.30 USD
12/12/2025199.12 USD
12/11/2025201.28 USD
12/10/2025195.70 USD
12/9/2025190.08 USD
12/8/2025191.28 USD
12/5/2025191.09 USD
12/4/2025190.64 USD
12/3/2025190.27 USD
12/2/2025187.48 USD
12/1/2025184.89 USD
11/28/2025185.28 USD
11/26/2025186.19 USD
11/25/2025186.02 USD
11/24/2025183.04 USD
11/21/2025183.58 USD
11/20/2025178.03 USD
11/19/2025179.64 USD
11/18/2025179.78 USD
11/17/2025180.05 USD
11/14/2025183.12 USD
11/13/2025181.97 USD
11/12/2025183.62 USD
11/11/2025183.97 USD
11/10/2025182.09 USD
11/7/2025180.33 USD
11/6/2025178.57 USD
11/5/2025179.65 USD
11/4/2025178.24 USD
11/3/2025178.16 USD
10/31/2025181.46 USD
10/30/2025180.14 USD
10/29/2025180.80 USD
10/28/2025179.71 USD
10/27/2025177.96 USD
10/24/2025177.01 USD
10/23/2025181.50 USD
10/22/2025167.61 USD
10/21/2025173.04 USD
10/20/2025168.92 USD
10/17/2025166.51 USD
10/16/2025166.13 USD
10/15/2025162.66 USD
10/14/2025162.55 USD
10/13/2025161.16 USD
10/10/2025160.41 USD
10/9/2025162.30 USD
10/8/2025163.34 USD
10/7/2025164.59 USD
10/6/2025166.52 USD
10/3/2025166.90 USD
10/2/2025166.75 USD
10/1/2025166.40 USD
9/30/2025166.83 USD
9/29/2025166.64 USD
9/28/2025166.64 USD
9/25/2025167.99 USD
9/24/2025165.59 USD
9/23/2025169.09 USD
9/22/2025170.24 USD
9/19/2025171.35 USD
9/18/2025172.80 USD
9/17/2025171.45 USD
9/16/2025172.57 USD
9/15/2025171.94 USD
9/12/2025172.99 USD
9/11/2025178.10 USD
9/10/2025175.64 USD
9/9/2025174.68 USD
9/8/2025178.00 USD
9/5/2025177.66 USD
9/4/2025178.36 USD
9/3/2025174.73 USD
9/2/2025175.77 USD
8/29/2025178.87 USD
8/28/2025181.59 USD
8/27/2025182.71 USD
8/26/2025182.21 USD
8/25/2025180.51 USD
8/22/2025183.08 USD
8/21/2025177.41 USD
8/20/2025178.74 USD
8/19/2025179.71 USD
8/18/2025177.15 USD
8/15/2025176.44 USD
8/14/2025179.40 USD
8/13/2025182.83 USD
8/12/2025177.99 USD
8/11/2025175.29 USD
8/8/2025173.72 USD
8/7/2025173.97 USD
8/6/2025174.30 USD
8/5/2025177.18 USD
8/4/2025176.10 USD
7/31/2025174.97 USD
7/30/2025181.14 USD
7/29/2025182.22 USD
7/28/2025184.05 USD
7/27/2025184.93 USD
7/25/2025186.50 USD
7/24/2025186.63 USD
7/23/2025190.90 USD
Access this data via the Eulerpool API

Dover Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
7.68 B USD
1.27 B USD
1.06 B USD
Jan 1, 2024
7.75 B USD
1.28 B USD
2.70 B USD
Jan 1, 2025
8.09 B USD
1.37 B USD
1.09 B USD
Jan 1, 2026 (e)
8.65 B USD
1.73 B USD
1.47 B USD
Jan 1, 2027 (e)
9.04 B USD
1.82 B USD
1.59 B USD
Jan 1, 2028 (e)
9.41 B USD
2.14 B USD
1.73 B USD
Jan 1, 2029 (e)
9.98 B USD
2.31 B USD
1.86 B USD
Jan 1, 2030 (e)
10.40 B USD
0.00 USD
1.82 B USD

Dover Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 23, 2026, 2:35 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
6.966.046.826.997.146.687.917.847.687.758.098.659.049.419.9810.40
-10.27-13.1312.862.522.06-6.3518.32-0.80-2.040.794.486.924.504.086.104.20
37.2236.9437.3236.8436.8437.2937.7137.1137.5638.6839.7739.7739.7739.7739.7739.77
2.592.232.552.582.632.492.982.912.893.003.223.443.603.743.974.14
0.980.730.860.901.050.981.311.311.271.281.371.731.822.142.31
14.0312.1512.6012.8914.6914.6216.5416.7016.5116.4816.9719.9420.1722.7323.15
0.870.510.810.570.680.681.121.071.062.701.091.471.591.731.861.82
12.13-41.5459.65-29.7218.770.8964.42-5.16-0.85155.40-59.4734.038.198.967.64-2.10
1.641.721.821.901.941.971.992.012.032.052.072.082.102.12
5.814.885.814.402.111.551.021.011.000.990.980.480.960.95
159.20156.60157.70152.10147.00145.40145.27143.60140.60138.70137.78137.78137.78137.78137.78137.78
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Dover generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Dover retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Dover's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Dover has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Dover's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Dover stock margins

The Dover margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Dover. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Dover.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
37.72 %
16.54 %
14.21 %
Jan 1, 2022
37.12 %
16.70 %
13.58 %
Jan 1, 2023
37.57 %
16.52 %
13.75 %
Jan 1, 2024
38.69 %
16.48 %
34.82 %
Jan 1, 2025
39.77 %
16.97 %
13.52 %
Jan 1, 2026 (e)
39.77 %
19.94 %
16.94 %
Jan 1, 2027 (e)
39.77 %
20.17 %
17.54 %
Jan 1, 2028 (e)
39.77 %
22.73 %
18.35 %

Dover Stock Revenue, EBIT, Earnings per Share

The Dover earnings per share therefore indicates how much revenue Dover has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
54.43 USD
9.01 USD
7.74 USD
Jan 1, 2022
54.63 USD
9.12 USD
7.42 USD
Jan 1, 2023
54.66 USD
9.03 USD
7.52 USD
Jan 1, 2024
55.85 USD
9.20 USD
19.45 USD
Jan 1, 2025
58.74 USD
9.97 USD
7.94 USD
Jan 1, 2026 (e)
62.80 USD
12.52 USD
10.64 USD
Jan 1, 2027 (e)
65.62 USD
13.24 USD
11.51 USD
Jan 1, 2028 (e)
68.30 USD
15.53 USD
12.54 USD

Dover business model & stock analysis

Dover Corp is an internationally operating company specializing in the manufacturing and distribution of industrial products and services. It was founded in 1955 in New York City by George Ohrstrom Senior and Charles S. Cords Junior. The company initially started trading electrical motors and pumps, but expanded its range over the years, achieving success in the 1960s. The breakthrough occurred in the 1970s when Dover Corp began expanding its business activities into the field of fluid technology, specifically systems for controlling fluids and gases such as pumps, dosing systems, and valves. Dover Corp established itself as a leading manufacturer of fluid technology products worldwide and expanded into new markets and sectors such as energy, textiles, and electronics. Today, Dover Corp consists of various business divisions offering different products and services, including Engineered Systems, Fluids, Refrigeration & Food Equipment, Energy, and Imaging & Identification. The company employs around 23,000 people worldwide and has branches in over 60 countries. Dover Corp's business model is based on continuous innovation, quality, and customer service, investing heavily in research and development. It collaborates closely with customers to develop tailored solutions for their specific requirements. Overall, Dover Corp provides an impressive range of products and services for various industries, becoming a significant player in the global market.

Dover SWOT Analysis

Strengths

Dover Corp has a diverse portfolio of industrial products and services, which allows them to operate in multiple markets and minimize their dependence on any particular sector. This provides them with stability and flexibility in times of economic fluctuations.

The company has a strong reputation for providing high-quality products and solutions. This gives them a competitive advantage over their rivals and helps to maintain customer loyalty.

Weaknesses

Dover Corp's heavy reliance on the industrial sector makes them vulnerable to economic downturns and industry-specific challenges. A decline in manufacturing or capital expenditure can significantly impact their business operations.

The company faces the risk of potential disruptions in their global supply chain. Any disturbances or delays in the delivery of raw materials or components may result in production delays and increased costs.

Opportunities

Dover Corp can explore market expansion opportunities in emerging economies where industrialization is on the rise. These regions offer untapped potential for their products and services, allowing them to capture new customers and increase market share.

The increasing focus on renewable energy and sustainable solutions presents an opportunity for Dover Corp to develop and provide environmentally friendly products. This aligns with the growing demand for green technologies and positions the company as an industry leader in sustainability.

Threats

The ongoing trade tensions and geopolitical uncertainties pose a threat to Dover Corp's international operations. Tariffs, trade restrictions, and political instability can disrupt their supply chain, hinder market entry, and impact profitability.

Rapid technological advancements and the potential emergence of disruptive innovations in the industrial sector may pose threats to Dover Corp's traditional product lines. To stay competitive, the company needs to continuously invest in research and development to adapt to changing market dynamics and customer preferences.

Dover Segments

Dover Revenue by Segment (1/3)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Fluids Segment
Engineered Systems Segment
Engineered Products Segment
Fueling Solutions Segment
Energy Segment
Refrigeration and Food Equipment Segment
Pumps & Process Solutions Segment
Imaging & Identification Segment
Intersegment Elimination
Details
Date
Fluids Segment
Engineered Systems Segment
Engineered Systems
Industrial Products
Engineered Products Segment
Fluid Management
Fueling Solutions Segment
Electronic Technologies
Energy Segment
Refrigeration and Food Equipment Segment
Pumps & Process Solutions Segment
Imaging & Identification Segment
Intersegment Elimination
Intra - segment eliminations
Jan 1, 2010
0.00 USD
0.00 USD
2.23 B USD
1.85 B USD
0.00 USD
1.64 B USD
0.00 USD
1.42 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
-8.29 M USD
Jan 1, 2016
1.70 B USD
2.37 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
1.11 B USD
1.62 B USD
0.00 USD
0.00 USD
-1.29 M USD
0.00 USD
Jan 1, 2017
2.25 B USD
2.58 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
1.41 B USD
1.60 B USD
0.00 USD
0.00 USD
-1.99 M USD
0.00 USD
Jan 1, 2018
2.80 B USD
2.74 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
1.45 B USD
0.00 USD
0.00 USD
-1.26 M USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD
1.53 B USD
0.00 USD
1.48 B USD
0.00 USD
0.00 USD
1.32 B USD
1.32 B USD
1.04 B USD
0.00 USD
0.00 USD

Dover Revenue by Segment (2/3)

  • 3 Years

  • 5 Years

  • Max

Engineered Products Segment
Fueling Solutions Segment
Refrigeration and Food Equipment Segment
Intersegment Elimination
Details
Date
Engineered Products Segment
Fueling Solutions Segment
Refrigeration and Food Equipment Segment
Intersegment Elimination
Jan 1, 2010
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2016
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
1.70 B USD
1.62 B USD
1.40 B USD
-953,000.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Dover Revenue by Segment (3/3)

  • 3 Years

  • 5 Years

  • Max

Pumps & Process Solutions Segment
Imaging & Identification Segment
Details
Date
Pumps & Process Solutions Segment
Imaging & Identification Segment
Jan 1, 2010
0.00 USD
0.00 USD
Jan 1, 2016
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
0.00 USD
Jan 1, 2019
1.34 B USD
1.08 B USD
Jan 1, 2020
0.00 USD
0.00 USD

Dover Revenue by Region

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

United States
Europe
Asia
Other Americas
Other Geographical Area
Other Countries
Details
Date
United States
Europe
Total Asia
Asia
Other Americas
Other Geographical Area
Other Countries
Others
Jan 1, 2017
4.42 B USD
1.50 B USD
0.00 USD
774.92 M USD
735.37 M USD
391.32 M USD
0.00 USD
0.00 USD
Jan 1, 2018
3.62 B USD
1.57 B USD
0.00 USD
867.27 M USD
631.16 M USD
0.00 USD
301.18 M USD
0.00 USD
Jan 1, 2020
3.68 B USD
1.48 B USD
0.00 USD
745.15 M USD
535.09 M USD
0.00 USD
243.71 M USD
0.00 USD
Jan 1, 2021
4.31 B USD
1.80 B USD
0.00 USD
901.14 M USD
612.75 M USD
0.00 USD
290.09 M USD
0.00 USD
Jan 1, 2022
4.85 B USD
1.79 B USD
0.00 USD
939.09 M USD
667.67 M USD
0.00 USD
261.98 M USD
0.00 USD
Jan 1, 2023
4.71 B USD
1.76 B USD
0.00 USD
924.54 M USD
683.57 M USD
0.00 USD
361.89 M USD
0.00 USD
Jan 1, 2024
4.20 B USD
1.68 B USD
0.00 USD
832.76 M USD
729.71 M USD
0.00 USD
305.80 M USD
0.00 USD
Jan 1, 2025
4.40 B USD
1.77 B USD
0.00 USD
900.21 M USD
707.52 M USD
0.00 USD
315.53 M USD
0.00 USD

Dover Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Dover historical P/E ratio, EBIT multiple, and P/S ratio

Dover annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Dover shares outstanding

The number of shares of Dover was 137.78 M in 2025. This indicates how many shares Dover is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
145.27 M Stocks
Jan 1, 2022
143.60 M Stocks
Jan 1, 2023
140.60 M Stocks
Jan 1, 2024
138.70 M Stocks
Jan 1, 2025
137.78 M Stocks
Jan 1, 2026 (e)
137.78 M Stocks
Jan 1, 2027 (e)
137.78 M Stocks
Jan 1, 2028 (e)
137.78 M Stocks

Dover stock splits

In Dover's history, there have been no stock splits.

Dover Dividend History

37 years of dividend payments · 11 consecutive increases

YearAnnual DividendYoY ChangePayments
20260.52USDYTD
Feb 27, 20260.52USD 0.0%1/1
20252.07USD 1.0%
Feb 28, 20250.52USD 0.0%1/4
May 30, 20250.52USD 0.0%2/4
Aug 29, 20250.52USD 1.0%3/4
Nov 28, 20250.52USD 0.0%4/4
20242.05USD 1.0%
20232.03USD 1.0%
20222.01USD 1.0%
20211.99USD 1.0%
20201.97USD 1.5%
20191.94USD 2.1%
20181.90USD 4.4%
20171.82USD 5.8%

Dover dividend history and estimates

In 2025, Dover paid a dividend amounting to 2.07 USD. Dividend means that Dover distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
1.99 USD
0.00 USD
Jan 1, 2022
2.01 USD
0.00 USD
Jan 1, 2023
2.03 USD
0.00 USD
Jan 1, 2024
2.05 USD
0.00 USD
Jan 1, 2025
2.07 USD
0.00 USD
Jan 1, 2026 (e)
0.52 USD
1.56 USD
Jan 1, 2027 (e)
0.00 USD
2.10 USD
Jan 1, 2028 (e)
0.00 USD
2.12 USD

Dover dividend payout ratio

In 2025, Dover had a payout ratio of 26.07%. The payout ratio indicates the percentage of the company's profits that Dover distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
25.72 %
Jan 1, 2022
27.13 %
Jan 1, 2023
27.03 %
Jan 1, 2024
10.55 %
Jan 1, 2025
26.07 %
Jan 1, 2026 (e)
19.55 %
Jan 1, 2027 (e)
18.26 %
Jan 1, 2028 (e)
16.93 %

Current Dover forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
2.05 %
Buy64.00 % (16)
Hold36.00 % (9)
Sell0.00 % (0)
12M Price Target
228.99
Last Price
211.42
Currency
USD
12M Return Potential
8.31 %
LTM Return
0 %

Dover Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
7/23/20262.76USD2.23 BUSD2026 Q2
4/23/20262.27USD2.02 BUSD2026 Q1
1/29/20262.51USD2.10 BUSD2025 Q4
4/24/20242.16USD2.14 BUSD2024 Q1
1/29/20242.45USD2.18 BUSD2023 Q4
7/19/20232.32USD2.22 BUSD2023 Q2
4/19/20232.03USD2.10 BUSD2023 Q1
1/25/20232.17USD2.15 BUSD2022 Q4
10/20/20222.21USD2.18 BUSD2022 Q3
7/21/20222.10USD2.21 BUSD2022 Q2
...

EESG©

Eulerpool ESG Scorecard© for the Dover stock

81/100
99
Environment
72
Social
72
Governance
E

Environment

20
Scope 1 - Direct Emissions54,787
Scope 2 - Indirect emissions from purchased energy106,904
Scope 3 - Indirect emissions within the value chain17,604,626
Total CO₂ emissions161,691
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees26
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Dover shareholder structure

% Name
11.98452%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
5.42875%
JP Morgan Asset Management
JP Morgan Asset Management
5.17290%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
4.67941%
State Street Investment Management (US)
State Street Investment Management (US)
2.50631%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
1.84514%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
...

Dover Executives and Management Board

RT

Mr. Richard Tobin

(61)

Chairman of the Board, President, Chief Executive Officer · since 2016

Compensation19.23 M USD
IC

Ms. Ivonne Cabrera

(58)

Senior Vice President, General Counsel, Secretary

Compensation3.25 M USD
GJ

Mr. Girish Juneja

(55)

Chief Digital Officer, Senior Vice President

Compensation2.23 M USD
JY

Mr. Jeffrey Yehle

(59)

Chief Human Resources Officer, Senior Vice President

Compensation1.25 M USD
KW

Mr. Keith Wandell

(75)

Lead Independent Director

Compensation330,026.00 USD

Dover Supply Chain

Dover Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
16 companies
#Name1M3M6M1Y2YTrend
1
0.27
0.08
-0.32
0.81
0.93
2
-0.16
0.84
0.91
0.97
0.93
3
NCAB Grp
Supplier
-0.80
0.64
0.89
0.96
0.93
4
Microsoft
Supplier
-0.17
0.86
0.87
0.93
0.86
5
Koninklijke DSM
-0.75
0.89
0.92
0.89
0.86
#Name1M3M6M1Y2YTrend
1
-0.22
0.73
0.73
0.91
2
On Track Innovations Ltd.
Supplier
-0.17
-0.83
-0.72
3
-0.69
0.63
0.16
0.87
4
Royal Dutch Shell A
Supplier
-0.67
-0.03
0.29
0.53
0.01
5
-0.47
-0.85
-0.63
-0.84
0.19

Frequently asked questions about Dover

Dover Corp is a diversified global manufacturer that focuses on innovative technology-driven products and services. They operate in various industries, including energy, engineering systems, and fluids. Dover Corp's business model relies on providing specialized equipment and solutions to meet the unique needs of their customers. By leveraging their expertise and a comprehensive portfolio, Dover Corp aims to deliver exceptional value and high-quality products worldwide. Through continuous innovation and strategic acquisitions, they strive to enhance operational efficiency and maximize customer satisfaction. Dover Corp's commitment to excellence has made them a trusted leader in the industry.

All fundamentals and in-depth analysis of Dover

Our stock analysis for Dover stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Dover. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.