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Dover Financial Statements Trends from 2010 to 2020

<div class='circular--portrait' style='background:#CD0D74;color: white;font-size:3em;padding-top: 40px;;'>DOV</div>
DOV -- USA Stock  

Fiscal Quarter End: March 31, 2020  

There are over one hundred fourteen available fundamental signals for Dover Corporation which can be analyzed over time and compared to other ratios. Please make sure you verify Dover Corporation prevailing fundamental trends against the trends from 2010 to 2020 to make sure the company is sustainable. Dover Market Capitalization is fairly stable at the moment as compared to the last year. Dover reported Market Capitalization of 11.94 Billion in 2019. Tangible Asset Value is likely to grow to about 3.6 B in 2020, whereas Long Term Debt to Equity is likely to drop 0.77 in 2020. Check Dover fundamental indicators over time to gain insight into the company future performance. Apply historical fundamental analysis to find patters among financial statement drivers such as Direct Expenses of 5.4 B, Consolidated Income of 767.9 M or Cost of Revenue of 5.1 B, as well as many exotic indicators such as Interest Coverage of 9.18, Long Term Debt to Equity of 0.7695 or Calculated Tax Rate of 24.75. This can be a perfect complement to check Dover Valuation or Volatility. It can also complement various Dover Technical models. Continue to analysis of Dover Correlation with competitors.
Revenues

Dover Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets8.6 B9.6 B9.4 B
Decreasing
Very volatile
Cash and Equivalents340.5 M356.6 M615 M
Decreasing
Slightly volatile
Investments130.4 M109.6 M130.7 M
Decreasing
Slightly volatile
Investments Current130.4 M109.6 M130.7 M
Decreasing
Slightly volatile
Property Plant and Equipment Net751.4 M725.8 M860.3 M
Decreasing
Slightly volatile
Inventory888.2 M861.1 M782.3 M
Increasing
Slightly volatile
Tax Assets54 M54.1 M57.2 M
Increasing
Very volatile
Trade and Non Trade Receivables1.4 B1.4 B1.2 B
Increasing
Slightly volatile
Trade and Non Trade Payables959.3 M1.1 B733.6 M
Increasing
Slightly volatile
Goodwill and Intangible Assets5.8 B5.5 B5.1 B
Increasing
Slightly volatile
Total Liabilities6.4 B6.4 B5.5 B
Increasing
Slightly volatile
Shareholders Equity3.1 B2.5 B3.9 B
Decreasing
Slightly volatile
Accumulated Retained Earnings Deficit8.9 BB7.6 B
Increasing
Slightly volatile
Accumulated Other Comprehensive Income(179.9 M)(175.3 M)(133.4 M)
Decreasing
Slightly volatile
Current Assets2.4 B2.3 B2.7 B
Decreasing
Slightly volatile
Assets Non Current7.4 B6.7 B6.8 B
Increasing
Stable
Current Liabilities1.4 B2.1 B1.7 B
Increasing
Slightly volatile
Liabilities Non Current4.4 B4.3 B3.8 B
Increasing
Slightly volatile
Tax Liabilities526 M468.6 M493.4 M
Increasing
Stable
Total Debt3.3 B3.6 BB
Increasing
Slightly volatile
Debt Current309.3 M253.4 M325.9 M
Increasing
Stable
Debt Non Current3.2 B3.4 B2.7 B
Increasing
Slightly volatile
Shareholders Equity USD3.1 B2.5 B3.9 B
Decreasing
Slightly volatile
Cash and Equivalents USD493.3 M356.6 M628.9 M
Decreasing
Slightly volatile
Total Debt USD3.5 B3.6 BB
Increasing
Slightly volatile
Accounts Payable758.8 M872.6 M730.3 M
Increasing
Slightly volatile
Receivables1.1 B1.1 B1.2 B
Decreasing
Very volatile
Inventories704.7 M673.9 M805.5 M
Decreasing
Slightly volatile

Dover Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues7.2 BB6.9 B
Increasing
Slightly volatile
Cost of Revenue5.1 B5.1 B4.4 B
Increasing
Slightly volatile
Selling General and Administrative ExpenseBB1.7 B
Increasing
Slightly volatile
Operating ExpensesBB1.7 B
Increasing
Slightly volatile
Interest Expense151 M150.6 M130.4 M
Increasing
Slightly volatile
Income Tax Expense149.8 M120.8 M193.2 M
Decreasing
Slightly volatile
Net Loss Income from Discontinued Operations25.9 M24 M(67.6 M)
Increasing
Slightly volatile
Consolidated Income767.9 M655.8 M729.6 M
Decreasing
Very volatile
Net Income667.8 M655.8 M720.5 M
Decreasing
Very volatile
Net Income Common Stock767.9 M655.8 M729.6 M
Decreasing
Very volatile
Weighted Average Shares145.3 M134.9 M162.5 M
Decreasing
Slightly volatile
Weighted Average Shares Diluted143.8 M136.9 M163.4 M
Decreasing
Slightly volatile
Earning Before Interest and Taxes EBIT1.1 B960.8 M1.1 B
Decreasing
Very volatile
Revenues USD8.1 BBB
Increasing
Slightly volatile
Net Income Common Stock USD767.9 M655.8 M729.6 M
Decreasing
Very volatile
Earning Before Interest and Taxes USD1.1 B960.8 M1.1 B
Decreasing
Very volatile
Gross Profit2.6 B2.9 B2.6 B
Increasing
Stable
Operating Income1.1 B969.6 M979 M
Increasing
Very volatile
Direct Expenses5.4 B5.1 B4.8 B
Increasing
Stable

Dover Cash Flow Statement

Trends Matrix
Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditure(160.3 M)(148.6 M)(149.8 M)
Decreasing
Very volatile
Net Cash Flow Business Acquisitions and Disposals(80.2 M)(74.3 M)(375.4 M)
Increasing
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals(16.4 M)(16 M)2.3 M
Decreasing
Slightly volatile
Net Cash Flow from Financing(829.3 M)(808.1 M)(482.1 M)
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities (333.2 M)(324.6 M)44.5 M
Decreasing
Slightly volatile
Issuance Purchase of Equity Shares(826.7 M)(805.5 M)(461.7 M)
Decreasing
Slightly volatile
Payment of Dividends and Other Cash Distributions (275.4 M)(255.2 M)(252.7 M)
Decreasing
Slightly volatile
Net Cash Flow from Investing(334 M)(309.6 M)(563.7 M)
Increasing
Slightly volatile
Net Cash Flow from Operations717.8 M718.8 M912.4 M
Decreasing
Slightly volatile
Effect of Exchange Rate Changes on Cash 10.3 M9.6 M1.7 M
Decreasing
Very volatile
Net Cash Flow or Change in Cash and Cash Equivalents(330.4 M)(322 M)(116.1 M)
Decreasing
Stable
Share Based Compensation29 M27.3 M26.2 M
Increasing
Very volatile
Depreciation Amortization and Accretion327.9 M325 M284.8 M
Increasing
Slightly volatile

Fundamental Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share4.814.374.4268
Increasing
Stable
Earnings per Diluted Share4.434.314.3436
Increasing
Stable
Earnings per Basic Share USD4.814.374.4268
Increasing
Stable
Dividends per Basic Common Share2.02.181.6173
Increasing
Slightly volatile
Return on Average Equity0.00210.20470.1629
Decreasing
Stable
Return on Average Assets6.0E-40.05760.0691
Decreasing
Slightly volatile
Return on Invested Capital0.17880.15660.2153
Decreasing
Slightly volatile
Gross Margin0.33320.32940.3692
Decreasing
Slightly volatile
Profit Margin8.0E-40.07380.0941
Decreasing
Slightly volatile
EBITDA Margin0.15860.1440.188
Decreasing
Slightly volatile
Return on Sales0.12210.10710.1479
Decreasing
Slightly volatile
Asset Turnover0.89630.8970.7618
Increasing
Slightly volatile
Payout Ratio0.51170.5750.4012
Increasing
Slightly volatile
Enterprise Value over EBITDA13.3413.8411.1047
Increasing
Slightly volatile
Enterprise Value over EBIT17.4418.414.3493
Increasing
Slightly volatile
Price to Earnings Ratio26.4321.4718.2122
Increasing
Slightly volatile
Sales per Share51.3953.6542.9299
Increasing
Slightly volatile
Price to Sales Ratio2.361.751.7992
Increasing
Slightly volatile
Price to Book Value5.644.313.2449
Increasing
Slightly volatile
Debt to Equity Ratio1082.3311.1133
Increasing
Slightly volatile
Dividend Yield0.02880.03110.0233
Increasing
Slightly volatile
Current Ratio1.421.231.7106
Decreasing
Slightly volatile
Free Cash Flow per Share2.343.84.4909
Decreasing
Slightly volatile
Book Value per Share19.1916.6323.5995
Decreasing
Slightly volatile
Tangible Assets Book Value per Share29.7327.2727.0563
Increasing
Stable
Total Assets Per Share51.8751.9657.0994
Increasing
Stable
Cash Flow Per Share6.726.266.0225
Increasing
Very volatile
Return on Investment15.9413.9714.8625
Decreasing
Slightly volatile
Operating Margin18.3413.8714.2035
Decreasing
Stable
Calculated Tax Rate24.7521.2823.3392
Decreasing
Stable
Receivables Turnover6.886.146.3408
Decreasing
Slightly volatile
Inventory Turnover6.656.265.9117
Decreasing
Stable
PPandE Turnover9.268.98.126
Increasing
Stable
Cash and Equivalents Turnover10.5410.9411.2489
Increasing
Slightly volatile
Accounts Payable Turnover11.248.2511.5267
Decreasing
Slightly volatile
Accrued Expenses Turnover14.0312.8612.7076
Decreasing
Stable
Interest Coverage9.187.948.6257
Decreasing
Slightly volatile
Long Term Debt to Equity0.76950.95690.6736
Increasing
Slightly volatile
Quick Ratio1.241.021.2035
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets12.429.312.5996
Decreasing
Slightly volatile
Revenue to Assets0.96610.96120.8255
Increasing
Slightly volatile

Dover Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share4.814.374.4268
Increasing
Stable
Earnings per Diluted Share4.434.314.3436
Increasing
Stable
Earnings before Tax727.4 M634 M892.5 M
Decreasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.3 B1.3 B1.3 B
Decreasing
Very volatile
Earnings per Basic Share USD4.814.374.4268
Increasing
Stable
Earnings Before Interest Taxes and Depreciation Amortization USD1.4 B1.3 B1.3 B
Increasing
Very volatile
Dividends per Basic Common Share2.02.181.6173
Increasing
Slightly volatile
Market Capitalization16.9 B11.9 B12.2 B
Increasing
Slightly volatile
Enterprise Value19.7 B15.5 B14.5 B
Increasing
Slightly volatile
Invested Capital5.6 B5.2 B5.1 B
Increasing
Stable
Average Equity3.3 B2.9 BB
Decreasing
Slightly volatile
Average Assets10.8 B10.3 B9.5 B
Increasing
Slightly volatile
Invested Capital Average5.6 B5.5 B4.9 B
Increasing
Slightly volatile
Tangible Asset Value3.6 B3.2 B4.3 B
Decreasing
Stable
Return on Average Equity0.00210.20470.1629
Decreasing
Stable
Return on Average Assets6.0E-40.05760.0691
Decreasing
Slightly volatile
Free Cash Flow639.1 M570.2 M770.1 M
Decreasing
Slightly volatile
Return on Invested Capital0.17880.15660.2153
Decreasing
Slightly volatile
Gross Margin0.33320.32940.3692
Decreasing
Slightly volatile
Profit Margin8.0E-40.07380.0941
Decreasing
Slightly volatile
EBITDA Margin0.15860.1440.188
Decreasing
Slightly volatile
Return on Sales0.12210.10710.1479
Decreasing
Slightly volatile
Asset Turnover0.89630.8970.7618
Increasing
Slightly volatile
Payout Ratio0.51170.5750.4012
Increasing
Slightly volatile
Enterprise Value over EBITDA13.3413.8411.1047
Increasing
Slightly volatile
Enterprise Value over EBIT17.4418.414.3493
Increasing
Slightly volatile
Price to Earnings Ratio26.4321.4718.2122
Increasing
Slightly volatile
Sales per Share51.3953.6542.9299
Increasing
Slightly volatile
Price to Sales Ratio2.361.751.7992
Increasing
Slightly volatile
Price to Book Value5.644.313.2449
Increasing
Slightly volatile
Debt to Equity Ratio1082.3311.1133
Increasing
Slightly volatile
Dividend Yield0.02880.03110.0233
Increasing
Slightly volatile
Current Ratio1.421.231.7106
Decreasing
Slightly volatile
Working Capital1.1 B608.7 M1.1 B
Decreasing
Slightly volatile
Free Cash Flow per Share2.343.84.4909
Decreasing
Slightly volatile
Book Value per Share19.1916.6323.5995
Decreasing
Slightly volatile
Tangible Assets Book Value per Share29.7327.2727.0563
Increasing
Stable
Total Assets Per Share51.8751.9657.0994
Increasing
Stable
Cash Flow Per Share6.726.266.0225
Increasing
Very volatile
Revenue Per Employee244.4 K262.2 K252.7 K
Increasing
Slightly volatile
Net Income Per Employee22 K21.4 K24.8 K
Decreasing
Stable
Return on Investment15.9413.9714.8625
Decreasing
Slightly volatile
Operating Margin18.3413.8714.2035
Decreasing
Stable
Calculated Tax Rate24.7521.2823.3392
Decreasing
Stable
Receivables Turnover6.886.146.3408
Decreasing
Slightly volatile
Inventory Turnover6.656.265.9117
Decreasing
Stable
PPandE Turnover9.268.98.126
Increasing
Stable
Cash and Equivalents Turnover10.5410.9411.2489
Increasing
Slightly volatile
Accounts Payable Turnover11.248.2511.5267
Decreasing
Slightly volatile
Accrued Expenses Turnover14.0312.8612.7076
Decreasing
Stable
Interest Coverage9.187.948.6257
Decreasing
Slightly volatile
Long Term Debt to Equity0.76950.95690.6736
Increasing
Slightly volatile
Quick Ratio1.241.021.2035
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets12.429.312.5996
Decreasing
Slightly volatile
Revenue to Assets0.96610.96120.8255
Increasing
Slightly volatile

Dover Fundamental Market Drivers

Short Percent Of Float3.03%
Forward Price Earnings17.76
Shares Short Prior Month3.68M
Average Daily Volume Last 10 Day782.56k
Average Daily Volume In Three Month804.72k
Date Short InterestJanuary 31, 2020
Fifty Day Average117.08
Two Hundred Day Average105.21

Dover Upcoming Events

Upcoming Quarterly Earning ReportApril 16, 2020
Next Earnings ReportJuly 16, 2020
Next Fiscal Quarter EndMarch 31, 2020
Next Fiscal Year EndFebruary 4, 2021
Last Quarter Report DateDecember 31, 2019
Last Earning Anouncement DateMarch 31, 2019