Dover Corporation is an American conglomerate manufacturer of industrial products. It delivers innovative equipment and components, specialty systems and support services through four major operating segments: Energy, Engineered Systems, Fluids, and Refrigeration and Food Equipment.
The Energy segment works in the drilling and production markets to develop solutions that advance the efficiency and safety of extracting oil and gas. The Engineered Systems segment develops products and systems for a variety of industries, from printing to waste handling. The Fluids segment designs and manufactures products and systems that safely handle critical fluids for the following end markets: oil-and-gas, retail-fueling, vehicle-wash, chemical, hygienic (food and pharmaceutical), and industrial. Dover's fourth segment, Refrigeration and Food Equipment, develops equipment and systems for the commercial-refrigeration, heating and cooling, and food and beverage packaging, and food service industries.
Company Growth (employees)
Key People at Dover
Robert A. Livingston
Dover Office Locations
Dover Data and Metrics
Dover Financial Metrics
Revenue (FY, 2016) | 6.8 b |
Revenue growth (FY, 2015 - FY, 2016), % | (2%) |
Gross profit (FY, 2016) | 2.5 b |
Gross profit margin (FY, 2016), % | 36% |
Net income (FY, 2016) | 508.9 m |
Market capitalization (19-Jul-2017) | 13.3 b |
Closing share price (19-Jul-2017) | 84.5 |
Cash (31-Dec-2016) | 349.1 m |
EV | 16.1 b |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 8.7 b | 7.8 b | 7 b | 6.8 b |
Revenue growth, % | (11%) | (10%) | (2%) | |
Cost of goods sold | 4.4 b | 4.8 b | 4.4 b | 4.3 b |
Gross profit | 4.4 b | 3 b | 2.6 b | 2.5 b |
Gross profit Margin, % | 50% | 38% | 37% | 36% |
Interest income | 4.5 m | 4.4 m | 6.8 m | |
Net Income | 1 b | 775.2 m | 869.8 m | 508.9 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 803.9 m | 681.6 m | 362.2 m | 349.1 m |
Inventories | 870.5 m | |||
Current Assets | 3.2 b | 2.9 b | 2.4 b | 2.6 b |
PP&E | 1.2 b | 837.1 m | 854.3 m | 945.7 m |
Goodwill | 4.2 b | 3.5 b | 3.7 b | 4.6 b |
Total Assets | 10.8 b | 9.1 b | 8.6 b | 10.1 b |
Accounts Payable | 692.6 m | 615.3 m | 650.9 m | 830.3 m |
Total Debt | 2.6 b | 2.3 b | 2.6 b | 3.2 b |
Current Liabilities | 1.6 b | 2 b | 1.4 b | 1.9 b |
Common Stock | 255.3 m | 255.9 m | 256.1 m | 256.5 m |
Additional Paid-in Capital | 871.6 m | 900.8 m | 928.4 m | 946.8 m |
Retained Earnings | 8 b | 7.1 b | 7.7 b | 7.9 b |
Total Equity | 5.4 b | 3.7 b | 3.8 b | |
Debt to Equity Ratio | 0.5 x | 0.6 x | 0.8 x | |
Debt to Assets Ratio | 0.2 x | 0.2 x | 0.3 x | 0.3 x |
Financial Leverage | 2 x | 2.5 x | 2.7 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 1 b | 775.2 m | 869.8 m | 508.9 m |
Accounts Receivable | (92.5 m) | (87.2 m) | 37.9 m | (44.6 m) |
Inventories | (18.3 m) | (63.7 m) | 63.1 m | 25.9 m |
Accounts Payable | 10 m | 60.2 m | 42.9 m | 58.7 m |
Purchases of PP&E | (236.8 m) | (166 m) | (154.3 m) | (165.2 m) |
Long-term Borrowings | (2 m) | |||
Interest Paid | 123.9 m | 128.4 m | 128.2 m | 131.2 m |
Income Taxes Paid | 338.8 m | 372.4 m | 346.4 m | 170.4 m |
| USD | Y, 2016 |
|---|---|
Revenue/Employee | 247.1 k |
Debt/Equity | 0.8 x |
Debt/Assets | 0.3 x |
Financial Leverage | 2.7 x |
