Dover Free Cash Flow from 2010 to 2024
| DOV Stock | USD 171.44 0.85 0.49% |
Free Cash Flow | First Reported 1989-12-31 | Previous Quarter 340.3 M | Current Value 455.3 M | Quarterly Volatility 162.8 M |
Check Dover financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dover main balance sheet or income statement drivers, such as Depreciation And Amortization of 229.7 M, Interest Expense of 137.9 M or Total Revenue of 5.8 B, as well as many exotic indicators such as Price To Sales Ratio of 2.68, Dividend Yield of 0.0262 or PTB Ratio of 4.42. Dover financial statements analysis is a perfect complement when working with Dover Valuation or Volatility modules.
Dover | Free Cash Flow |
Latest Dover's Free Cash Flow Growth Pattern
Below is the plot of the Free Cash Flow of Dover over the last few years. It is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Dover's Free Cash Flow historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dover's overall financial position and show how it may be relating to other accounts over time.
| Free Cash Flow | 10 Years Trend |
|
Free Cash Flow |
| Timeline |
Dover Free Cash Flow Regression Statistics
| Arithmetic Mean | 755,560,908 | |
| Geometric Mean | 698,098,160 | |
| Coefficient Of Variation | 31.09 | |
| Mean Deviation | 167,964,777 | |
| Median | 786,420,000 | |
| Standard Deviation | 234,928,106 | |
| Sample Variance | 55191.2T | |
| Range | 1B | |
| R-Value | 0.26 | |
| Mean Square Error | 55309.4T | |
| R-Squared | 0.07 | |
| Significance | 0.34 | |
| Slope | 13,842,873 | |
| Total Sum of Squares | 772677T |
Dover Free Cash Flow History
Other Fundumenentals of Dover
Dover Free Cash Flow component correlations
About Dover Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Dover income statement, its balance sheet, and the statement of cash flows. Dover investors use historical funamental indicators, such as Dover's Free Cash Flow, to determine how well the company is positioned to perform in the future. Although Dover investors may use each financial statement separately, they are all related. The changes in Dover's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dover's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Dover Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dover. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Free Cash Flow | 1.1 B | 611.2 M | |
| Free Cash Flow Yield | 0.05 | 0.09 | |
| Free Cash Flow Per Share | 8.18 | 8.59 | |
| EV To Free Cash Flow | 21.68 | 14.67 | |
| Price To Free Cash Flows Ratio | 18.81 | 12.34 | |
| Free Cash Flow Operating Cash Flow Ratio | 0.86 | 0.58 |
Pair Trading with Dover
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dover position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dover will appreciate offsetting losses from the drop in the long position's value.Moving together with Dover Stock
| 0.82 | B | Barnes Group Earnings Call Tomorrow | PairCorr |
| 0.87 | CR | Crane Company Financial Report 8th of May 2024 | PairCorr |
| 0.73 | HI | Hillenbrand Earnings Call This Week | PairCorr |
| 0.93 | IR | Ingersoll Rand Financial Report 1st of May 2024 | PairCorr |
Moving against Dover Stock
| 0.78 | ATS | ATS Corporation | PairCorr |
| 0.66 | RR | Richtech Robotics Class | PairCorr |
| 0.46 | BW | Babcock Wilcox Enter Buyout Trend | PairCorr |
The ability to find closely correlated positions to Dover could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dover when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dover - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dover to buy it.
The correlation of Dover is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dover moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dover moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dover can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Dover Correlation against competitors. For more information on how to buy Dover Stock please use our How to Invest in Dover guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Dover Stock analysis
When running Dover's price analysis, check to measure Dover's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dover is operating at the current time. Most of Dover's value examination focuses on studying past and present price action to predict the probability of Dover's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dover's price. Additionally, you may evaluate how the addition of Dover to your portfolios can decrease your overall portfolio volatility.
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Is Dover's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dover. If investors know Dover will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dover listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.128 | Dividend Share 2.03 | Earnings Share 7.53 | Revenue Per Share 60.338 | Quarterly Revenue Growth (0.02) |
The market value of Dover is measured differently than its book value, which is the value of Dover that is recorded on the company's balance sheet. Investors also form their own opinion of Dover's value that differs from its market value or its book value, called intrinsic value, which is Dover's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dover's market value can be influenced by many factors that don't directly affect Dover's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dover's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dover is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dover's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.