📊 DOV Key Takeaways
Is DOVER Corp (DOV) a Good Investment?
Dover Corp maintains strong cash generation ($310.4M FCF) and a conservative balance sheet, but faces concerning profitability headwinds with net income collapsing 59.4% YoY despite 4.5% revenue growth. The sharp earnings decline coupled with exceptionally weak returns on equity (3.2%) and assets (1.8%) suggests structural challenges requiring monitoring before a constructive stance is warranted.
Dover shows solid underlying operating quality, with healthy gross and operating margins, strong returns on capital, and a conservatively leveraged balance sheet supported by ample liquidity and very high interest coverage. However, the sharp decline in net income and EPS alongside very weak free cash flow conversion in the latest period materially reduces confidence in near-term earnings quality, making the fundamentals mixed rather than clearly bullish.
Why Buy DOVER Corp Stock? DOV Key Strengths
- Excellent free cash flow generation at $310.4M with 15.1% FCF margin, enabling self-funding capacity
- Conservative leverage at 0.44x debt/equity with strong 8.4x interest coverage and solid 1.87x current ratio
- Stable gross margins at 38.9% and reasonable operating margins at 14.9% demonstrate core operational efficiency
- Strong profitability profile with 39.8% gross margin, 17.0% operating margin, and double-digit net margin
- Healthy balance sheet with 1.79x current ratio, 0.45x debt-to-equity, and 37.8x interest coverage
- Positive top-line growth of 4.5% YoY and solid capital efficiency shown by 14.8% ROE and 8.2% ROA
DOV Stock Risks: DOVER Corp Investment Risks
- Net income declined 59.4% YoY while revenue grew only 4.5%, indicating significant below-operating-line pressures or non-recurring charges requiring clarification
- Critically low return metrics with ROE of 3.2% and ROA of 1.8% suggest capital is not being deployed efficiently despite $13.5B in assets
- Exposure to cyclical machinery and construction equipment sector with potential demand deterioration masked by revenue growth
- Net income and diluted EPS fell roughly 59% YoY, indicating significant pressure on bottom-line quality
- Free cash flow is weak relative to revenue, with only $149.99M of FCF and a 1.9% FCF margin
- Operating cash flow of $370.25M appears modest versus earnings, raising questions about cash conversion and working capital demands
Key Metrics to Watch
- Quarterly net income trend and identification of non-operating expense drivers causing 59% earnings decline
- Return on equity improvement trajectory and whether capital deployment efficiency rebounds
- Segment margin analysis to confirm whether profitability collapse is concentrated or widespread across divisions
- Operating cash flow and free cash flow conversion versus net income
- Net margin and EPS trend over the next few reporting periods
DOVER Corp (DOV) Financial Metrics & Key Ratios
💡 AI Analyst Insight
DOVER Corp presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
DOV Profit Margin, ROE & Profitability Analysis
DOV vs Materials Sector: How DOVER Corp Compares
How DOVER Corp compares to Materials sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is DOVER Corp Stock Overvalued? DOV Valuation Analysis 2026
Based on fundamental analysis, DOVER Corp has mixed fundamental signals relative to the Materials sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
DOVER Corp Balance Sheet: DOV Debt, Cash & Liquidity
DOV Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: DOVER Corp's revenue has shown modest growth of 2% over the 5-year period. The most recent EPS of $7.52 reflects profitable operations.
DOV Revenue Growth, EPS Growth & YoY Performance
DOV Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $1.9B | $230.8M | $1.67 |
| Q3 2025 | $2.0B | $302.0M | $2.19 |
| Q2 2025 | $1.9B | $279.1M | $2.02 |
| Q1 2025 | $1.9B | $230.8M | $1.67 |
| Q3 2024 | $2.0B | $289.8M | $2.06 |
| Q2 2024 | $2.1B | $242.2M | $1.72 |
| Q1 2024 | $2.1B | $228.6M | $1.63 |
| Q3 2023 | $2.2B | $286.0M | $2.00 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
DOVER Corp Dividends, Buybacks & Capital Allocation
DOV SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for DOVER Corp (CIK: 0000029905)
📋 Recent SEC Filings
❓ Frequently Asked Questions about DOV
What is the AI rating for DOV?
DOVER Corp (DOV) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 72% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are DOV's key strengths?
Claude: Excellent free cash flow generation at $310.4M with 15.1% FCF margin, enabling self-funding capacity. Conservative leverage at 0.44x debt/equity with strong 8.4x interest coverage and solid 1.87x current ratio. ChatGPT: Strong profitability profile with 39.8% gross margin, 17.0% operating margin, and double-digit net margin. Healthy balance sheet with 1.79x current ratio, 0.45x debt-to-equity, and 37.8x interest coverage.
What are the risks of investing in DOV?
Claude: Net income declined 59.4% YoY while revenue grew only 4.5%, indicating significant below-operating-line pressures or non-recurring charges requiring clarification. Critically low return metrics with ROE of 3.2% and ROA of 1.8% suggest capital is not being deployed efficiently despite $13.5B in assets. ChatGPT: Net income and diluted EPS fell roughly 59% YoY, indicating significant pressure on bottom-line quality. Free cash flow is weak relative to revenue, with only $149.99M of FCF and a 1.9% FCF margin.
What is DOV's revenue and growth?
DOVER Corp reported revenue of $2.1B.
Does DOV pay dividends?
DOVER Corp pays dividends, with $70.4M distributed to shareholders in the trailing twelve months.
Where can I find DOV SEC filings?
Official SEC filings for DOVER Corp (CIK: 0000029905) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is DOV's EPS?
DOVER Corp has a diluted EPS of $1.75.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is DOV a good stock to buy right now?
Based on our AI fundamental analysis in May 2026, DOVER Corp has a HOLD rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is DOV stock overvalued or undervalued?
Valuation metrics for DOV: ROE of 3.2% (sector avg: 14%), net margin of 11.6% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy DOV stock in 2026?
Our dual AI analysis gives DOVER Corp a combined HOLD rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is DOV's free cash flow?
DOVER Corp's operating cash flow is $370.3M, with capital expenditures of $59.8M. FCF margin is 15.1%.
How does DOV compare to other Materials stocks?
Vs Materials sector averages: Net margin 11.6% (avg: 10%), ROE 3.2% (avg: 14%), current ratio 1.87 (avg: 1.6).