Dover Net Income from 2010 to 2024

DOV Stock  USD 171.44  0.85  0.49%   
Dover Net Income yearly trend continues to be fairly stable with very little volatility. Net Income will likely drop to about 545.1 M in 2024. During the period from 2010 to 2024, Dover Net Income regression line of quarterly data had mean square error of 69488.8 T and geometric mean of  688,428,599. View All Fundamentals
 
Net Income  
First Reported
1989-09-30
Previous Quarter
289.8 M
Current Value
296.3 M
Quarterly Volatility
93.9 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 0.0263 or PTB Ratio of 4.42. Dover financial statements analysis is a perfect complement when working with Dover Valuation or Volatility modules.
  
This module can also supplement Dover's financial leverage analysis and stock options assessment as well as various Dover Technical models . 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.

Latest Dover's Net Income Growth Pattern

Below is the plot of the Net Income of Dover over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Dover financial statement analysis. It represents the amount of money remaining after all of Dover operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Dover's Net Income 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.
ViewLast Reported 1.06 B10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Dover Net Income Regression Statistics

Arithmetic Mean766,522,707
Geometric Mean688,428,599
Coefficient Of Variation34.89
Mean Deviation201,798,485
Median811,070,000
Standard Deviation267,459,697
Sample Variance71534.7T
Range1B
R-Value0.31
Mean Square Error69488.8T
R-Squared0.1
Significance0.26
Slope18,720,837
Total Sum of Squares1001485.7T

Dover Net Income History

2024545.1 M
20231.1 B
20221.1 B
20211.1 B
2020683.5 M
2019677.9 M
2018570.3 M

Other Fundumenentals of Dover

Dover Net Income 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 Net Income, 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 ReportedProjected for Next Year
Net Income1.1 B596 M
Net Income Applicable To Common Shares1.2 B710.2 M
Net Income From Continuing OpsB877.2 M
Net Income Per Share 7.56  7.93 
Net Income Per E B T 0.83  0.58 

Dover Investors Sentiment

The influence of Dover's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dover. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Dover's public news can be used to forecast risks associated with an investment in Dover. The trend in average sentiment can be used to explain how an investor holding Dover can time the market purely based on public headlines and social activities around Dover. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dover's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dover's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dover's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dover.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dover in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dover's short interest history, or implied volatility extrapolated from Dover options trading.

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.

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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.
Pair CorrelationCorrelation Matching
When determining whether Dover is a strong investment it is important to analyze Dover's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dover's future performance. For an informed investment choice regarding Dover Stock, refer to the following important reports:
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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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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
7.51
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.