📊 DOV Key Takeaways
Is DOVER Corp (DOV) a Good Investment?
Dover demonstrates solid operational fundamentals with stable 39.8% gross margins, strong interest coverage of 37.8x, and healthy liquidity (1.79x current ratio), but faces significant headwinds from a dramatic 59.4% net income decline despite 4.5% revenue growth, suggesting margin compression and one-time charges that warrant clarity before upgrading conviction.
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
- Strong gross margin of 39.8% indicates pricing power and operational efficiency in machinery manufacturing
- Excellent liquidity position with 1.79x current ratio and 1.7B cash provides financial flexibility
- Conservative leverage at 0.45x debt-to-equity with exceptional 37.8x interest coverage demonstrates financial stability
- Solid ROE of 14.8% and ROA of 8.2% show reasonable capital deployment despite recent earnings decline
- 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
- Severe 59.4% YoY net income decline despite revenue growth signals significant margin compression or one-time charges requiring investigation
- Weak free cash flow margin of 1.9% indicates limited cash generation relative to revenue scale despite 370M operating cash flow
- Operating cash flow of 370M covers capex with only 150M free cash flow, limiting flexibility for shareholder returns or acquisitions
- 17 Form 4 insider filings in last 90 days warrants monitoring for unusual trading patterns or confidence shifts
- 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 operating margin sustainability to determine if decline is structural or temporary
- Free cash flow conversion and working capital efficiency as revenue grows
- Segment profitability breakdown to identify which business units are driving margin compression
- 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
The relatively thin 1.9% FCF margin may limit capital allocation flexibility.
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 |
|---|---|---|---|
| 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 |
| Q2 2023 | $2.1B | $242.2M | $1.72 |
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 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are DOV's key strengths?
Claude: Strong gross margin of 39.8% indicates pricing power and operational efficiency in machinery manufacturing. Excellent liquidity position with 1.79x current ratio and 1.7B cash provides financial flexibility. 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: Severe 59.4% YoY net income decline despite revenue growth signals significant margin compression or one-time charges requiring investigation. Weak free cash flow margin of 1.9% indicates limited cash generation relative to revenue scale despite 370M operating cash flow. 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 $8.1B.
Does DOV pay dividends?
DOVER Corp pays dividends, with $283.0M 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 $7.94.
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 April 2026, DOVER Corp has a HOLD rating with 70% 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 14.8% (sector avg: 14%), net margin of 13.5% (sector avg: 10%). Higher ROE suggests strong returns relative to peers.
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 $220.3M. FCF margin is 1.9%.
How does DOV compare to other Materials stocks?
Vs Materials sector averages: Net margin 13.5% (avg: 10%), ROE 14.8% (avg: 14%), current ratio 1.79 (avg: 1.6).