OverviewSuggest Edit

Dover is a company providing equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services. It operates through 5 segments: Engineered Products, Fueling Solutions, Imaging and Identification, Pumps and Process Solutions, and Refrigeration and Food Equipment. The Engineered Products segment provides aftermarket vehicle services, solid waste handling, industrial automation, aerospace and defense, industrial winch and hoist, bearings, drives, electric monitoring, and fluid dispensing systems. The Fueling Solutions segment transports fuels and other hazardous fluids, as well as operates retail fueling and vehicle wash establishments. The Imaging and Identification segment provides precision marking and coding, product traceability, and digital textile printing equipment, as well as related consumables. The Pumps and Process Solutions segment manufactures specialty pumps, fluid handling components, plastics and polymer processing equipment, and highly engineered components for rotating and reciprocating machines. The Refrigeration and Food Equipment segment manufactures refrigeration systems, refrigeration display cases, commercial glass refrigerators and freezer doors, brazed heat exchangers for industrial heating and cooling, residential climate control applications, commercial foodservice equipment, and can-shaping machinery.
TypePublic
Founded1955
HQDowners Grove, IL, US
Websitedovercorporation.com
Employee Ratings3.5
Overall CultureA

Latest Updates

Employees (est.) (Dec 2019)24,000
Job Openings1
Revenue (FY, 2020)$6.7 B(-6%)
Share Price (Feb 2021)$123.3
Cybersecurity ratingAMore

Key People/Management at Dover

Richard J. Tobin

Richard J. Tobin

President & Chief Executive Officer, Director
Ivonne M. Cabrera

Ivonne M. Cabrera

Senior Vice President, General Counsel & Secretary
Kimberly K. Bors

Kimberly K. Bors

Senior Vice President, Human Resources
Brad M. Cerepak

Brad M. Cerepak

Senior Vice President & Chief Financial Officer
Girish Juneja

Girish Juneja

Senior Vice President & Chief Digital Officer
David J. Malinas

David J. Malinas

Senior Vice President, Operations
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Dover Office Locations

Dover has offices in Downers Grove, Paris, Teltow, Luxembourg and in 2 other locations
Downers Grove, IL, US (HQ)
3005 Highland Pkwy
Paris, FR
40 Avenue Hoche
Teltow, DE
Potsdamer Str. 14B
Luxembourg, LU
7 Avenue Gaston Diderich
Vernier, CH
Chemin de Blandonnet 2
Weymouth, GB
11 Albany Rd, Granby Industrial Estate
Show all (6)

Dover Financials and Metrics

Dover Revenue

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View revenue for all periods
Dover's revenue was reported to be $6.68 b in FY, 2020
USD

Revenue (FY, 2020)

6.7b

Gross profit (FY, 2020)

2.5b

Gross profit margin (FY, 2020), %

37%

Net income (FY, 2020)

683.5m

EBIT (FY, 2020)

933.0m

Market capitalization (26-Feb-2021)

17.7b

Closing stock price (26-Feb-2021)

123.3

Cash (31-Dec-2020)

513.1m

EV

20.3b
Dover's current market capitalization is $17.7 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

7.8b7.0b7.1b6.7b

Revenue growth, %

15%(11%)2%

Cost of goods sold

4.9b4.4b4.5b4.2b

Gross profit

2.9b2.6b2.6b2.5b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

1.9b1.8b1.7b1.7b1.8b1.8b1.7b1.5b1.7b

Cost of goods sold

1.2b1.1b1.1b1.1b1.1b1.2b1.0b947.6m1.1b

Gross profit

708.9m665.2m646.5m623.5m672.6m673.5m612.2m551.6m658.7m

Gross profit Margin, %

37%37%37%36%37%37%37%37%38%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

754.0m396.2m397.3m513.1m

Accounts Receivable

1.4b1.2b1.2b1.1b

Prepaid Expenses

189.0m126.9m127.8m133.1m

Inventories

878.6m748.8m806.1m835.8m
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

811.7m570.3m677.9m683.5m

Depreciation and Amortization

394.2m282.6m272.3m279.1m

Inventories

(12.6m)(85.1m)(56.9m)10.5m

Accounts Payable

124.1m106.6m18.3m(95.6m)
Quarterly
USDFY, 2017

Revenue/Employee

270.0k

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.4 x
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Dover Acquisitions / Subsidiaries

Company NameDateDeal Size
Solaris Laser S.A.August 20, 2020$18.61 m
Em-tec GmbHApril 30, 2020$30.40 m
So. Cal. Soft-Pak, IncorporatedFebruary 18, 2020$45.50 m
Sys-Tech Solutions, Inc.January 24, 2020$161.83 m
All-Flo Pump Company, Limited businessMay 07, 2019$39.95 m
Belanger, Inc.January 25, 2019$175.35 m
CalderaApril 17, 2017€35 m
Wayne Fueling Systems Ltd.June 09, 2016$780 m
Tokheim GroupJanuary 07, 2016
Gala Industries, IncorporatedOctober 30, 2015
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Dover Revenue Breakdown

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Dover revenue breakdown by business segment: 18.8% from Pumps and Process Solutions, 15.2% from Imaging and Identification, 23.8% from Engineered Products, 22.7% from Fueling Solutions and 19.6% from Refrigeration & Food Equipment

Dover revenue breakdown by geographic segment: 22.0% from Europe, 8.8% from Other America, 12.1% from Asia, 53.3% from United States and 3.8% from Other

Dover Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Dover Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Dover Online and Social Media Presence

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Dover Company Culture

  • Overall Culture

    A

    77/100

  • CEO Rating

    A+

    80/100

  • Compensation

    B

    70/100

Learn more on Comparably

Dover News and Updates

Dover Increases Quarterly Dividend To $0.48 Per Share

DOWNERS GROVE, Ill., Aug. 2, 2018 /PRNewswire/ -- The Board of Directors of Dover (NYSE: DOV) today increased its quarterly cash dividend to $0.48 (forty-eight cents) per share, an increase of $.01 (one cent) or 2%. This is the 63rd consecutive year in which the Company has increased its...

Dover Frequently Asked Questions

  • When was Dover founded?

    Dover was founded in 1955.

  • Who are Dover key executives?

    Dover's key executives are Richard J. Tobin, Ivonne M. Cabrera and Kimberly K. Bors.

  • How many employees does Dover have?

    Dover has 24,000 employees.

  • What is Dover revenue?

    Latest Dover annual revenue is $6.7 b.

  • What is Dover revenue per employee?

    Latest Dover revenue per employee is $278.5 k.

  • Who are Dover competitors?

    Competitors of Dover include Fortive, Snap-on and PACCAR.

  • Where is Dover headquarters?

    Dover headquarters is located at 3005 Highland Pkwy, Downers Grove.

  • Where are Dover offices?

    Dover has offices in Downers Grove, Paris, Teltow, Luxembourg and in 2 other locations.

  • How many offices does Dover have?

    Dover has 6 offices.