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)
Type
Public
HQ
Downers Grove, US
Founded
1955
Size (employees)
29,000 (est)
Dover was founded in 1955 and is headquartered in Downers Grove, US

Key People at Dover

Robert A. Livingston

Robert A. Livingston

President & Chief Executive Officer

Dover Office Locations

Dover has offices in Downers Grove and New York
Downers Grove, US (HQ)
3005 Highland Pkwy
New York, US
500 5th Ave, Suite 1828

Dover Data and Metrics

Dover Financial Metrics

Dover's revenue was reported to be $6.8 b in FY, 2016 which is a 2% decrease from the previous period.
USD

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
Dover's current market capitalization is $13.3 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

8.7 b7.8 b7 b6.8 b

Revenue growth, %

(11%)(10%)(2%)

Cost of goods sold

4.4 b4.8 b4.4 b4.3 b

Gross profit

4.4 b3 b2.6 b2.5 b

Gross profit Margin, %

50%38%37%36%

Interest income

4.5 m4.4 m6.8 m

Net Income

1 b775.2 m869.8 m508.9 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

803.9 m681.6 m362.2 m349.1 m

Inventories

870.5 m

Current Assets

3.2 b2.9 b2.4 b2.6 b

PP&E

1.2 b837.1 m854.3 m945.7 m

Goodwill

4.2 b3.5 b3.7 b4.6 b

Total Assets

10.8 b9.1 b8.6 b10.1 b

Accounts Payable

692.6 m615.3 m650.9 m830.3 m

Total Debt

2.6 b2.3 b2.6 b3.2 b

Current Liabilities

1.6 b2 b1.4 b1.9 b

Common Stock

255.3 m255.9 m256.1 m256.5 m

Additional Paid-in Capital

871.6 m900.8 m928.4 m946.8 m

Retained Earnings

8 b7.1 b7.7 b7.9 b

Total Equity

5.4 b3.7 b3.8 b

Debt to Equity Ratio

0.5 x0.6 x0.8 x

Debt to Assets Ratio

0.2 x0.2 x0.3 x0.3 x

Financial Leverage

2 x2.5 x2.7 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

1 b775.2 m869.8 m508.9 m

Accounts Receivable

(92.5 m)(87.2 m)37.9 m(44.6 m)

Inventories

(18.3 m)(63.7 m)63.1 m25.9 m

Accounts Payable

10 m60.2 m42.9 m58.7 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 m128.4 m128.2 m131.2 m

Income Taxes Paid

338.8 m372.4 m346.4 m170.4 m
USDY, 2016

Revenue/Employee

247.1 k

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.7 x

Dover Market Value History

Dover Median Salaries

Source: 16 public H-1B filings from Dover

Dover Online and Social Media Presence

Dover Company Life and Culture

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