Dover market cap is $22.6 b, and annual revenue was $6.68 b in FY 2020

Dover Gross profit (Q1, 2021)721.5 M

Dover Gross profit margin (Q1, 2021), %38.6%

Dover Net income (Q1, 2021)232.8 M

Dover EBIT (Q1, 2021)312.6 M

Dover Cash, 31-Mar-2021536.5 M

Dover EV25.1 B

Dover revenue was $6.68 b in FY, 2020

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

USD | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|

## Revenue | 7.8b | 7.0b | 7.1b | 6.7b |

| 15% | (11%) | 2% | |

## Cost of goods sold | 4.9b | 4.4b | 4.5b | 4.2b |

## Gross profit | 2.9b | 2.6b | 2.6b | 2.5b |

| 37% | 37% | 37% | 37% |

## General and administrative expense | 2.0b | 1.7b | 1.6b | 1.5b |

## Operating expense total | 2.0b | 1.7b | 1.6b | 1.5b |

## EBIT | 914.4m | 843.1m | 974.9m | 933.0m |

| 12% | 12% | 14% | 14% |

## Interest expense | 145.2m | 131.0m | 125.8m | 111.9m |

## Interest income | 8.5m | 8.9m | 4.5m | |

## Pre tax profit | 973.8m | 725.4m | 843.0m | 841.7m |

## Income tax expense | 162.2m | 134.2m | 165.1m | 158.3m |

## Net Income | 811.7m | 570.3m | 677.9m | 683.5m |

## EPS | 5.2 | 3.8 | 4.6 |

USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 1.9b | 1.8b | 1.7b | 1.7b | 1.8b | 1.8b | 1.7b | 1.5b | 1.7b | 1.9b |

## Cost of goods sold | 1.2b | 1.1b | 1.1b | 1.1b | 1.1b | 1.2b | 1.0b | 947.6m | 1.1b | 1.1b |

## Gross profit | 708.9m | 665.2m | 646.5m | 623.5m | 672.6m | 673.5m | 612.2m | 551.6m | 658.7m | 721.5m |

| 37% | 37% | 37% | 36% | 37% | 37% | 37% | 37% | 38% | 39% |

## General and administrative expense | 514.1m | 428.8m | 426.4m | 408.5m | 396.6m | 390.8m | 386.9m | 366.7m | 381.8m | 409.0m |

## Operating expense total | 514.1m | 428.8m | 426.4m | 408.5m | 396.6m | 390.8m | 386.9m | 366.7m | 381.8m | 409.0m |

## EBIT | 194.8m | 236.5m | 220.1m | 168.1m | 276.0m | 282.7m | 225.3m | 184.9m | 276.9m | 312.6m |

| 10% | 13% | 13% | 10% | 15% | 15% | 14% | 12% | 16% | 17% |

## Interest expense | 35.8m | 32.1m | 31.2m | 31.8m | 31.8m | 31.4m | 27.3m | 28.7m | 27.7m | 26.8m |

## Interest income | 2.1m | 2.6m | 2.1m | 890.0k | 945.0k | 1.3m | 1.2m | 728.0k | 960.0k | |

## Pre tax profit | 160.8m | 211.4m | 193.0m | 138.3m | 249.7m | 257.9m | 213.5m | 156.8m | 156.8m | |

## Income tax expense | 29.3m | 45.0m | 35.7m | 32.6m | 51.7m | 51.9m | (37.2m) | 32.1m | 50.7m | 56.5m |

## Net Income | 131.4m | 140.0m | 157.3m | 105.7m | 198.1m | 206.0m | 176.3m | 124.8m | 251.0m | 232.8m |

## EPS | 0.8 | 1.1 | (0.1) | 0.7 | 1.4 | 1.4 | 1.2 | 0.9 | 1.4 |

USD | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|

## Cash | 754.0m | 396.2m | 397.3m | 513.1m |

## Accounts Receivable | 1.4b | 1.2b | 1.2b | 1.1b |

## Prepaid Expenses | 189.0m | 126.9m | 127.8m | 133.1m |

## Inventories | 878.6m | 748.8m | 806.1m | 835.8m |

## Current Assets | 3.2b | 2.5b | 2.5b | 2.6b |

## PP&E | 999.8m | 806.5m | 842.3m | 897.3m |

## Goodwill | 4.6b | 3.7b | 3.8b | 4.1b |

## Total Assets | 10.7b | 8.4b | 8.7b | 9.2b |

## Accounts Payable | 979.4m | 969.5m | 983.3m | 853.9m |

## Short-term debt | 581.1m | 220.3m | 84.7m | |

## Current Liabilities | 2.3b | 1.8b | 1.7b | 1.7b |

## Long-term debt | 3.0b | 2.9b | 3.0b | 3.1b |

## Total Debt | 3.6b | 3.2b | 3.1b | 3.1b |

## Common Stock | 257.0m | 257.8m | 258.6m | 259.0m |

## Preferred Stock | ||||

## Additional Paid-in Capital | 942.5m | 886.0m | 869.7m | 868.9m |

## Retained Earnings | 8.5b | 7.8b | 8.2b | 8.6b |

## Total Equity | 4.4b | 2.8b | 3.0b | 3.4b |

## Debt to Equity Ratio | 0.8 x | 1.1 x | 1 x | |

## Debt to Assets Ratio | 0.3 x | 0.4 x | 0.4 x | |

## Financial Leverage | 2.4 x | 3 x | 2.9 x | 2.7 x |

USD | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|

## Net Income | 811.7m | 570.3m | 677.9m | 683.5m |

## Depreciation and Amortization | 394.2m | 282.6m | 272.3m | 279.1m |

## Accounts Receivable | (104.7m) | (87.6m) | (7.9m) | 122.4m |

## Inventories | (12.6m) | (85.1m) | (56.9m) | 10.5m |

## Accounts Payable | 124.1m | 106.6m | 18.3m | (95.6m) |

## Cash From Operating Activities | 821.6m | 798.6m | 945.3m | 1.1b |

## Purchases of PP&E | (196.7m) | (171.0m) | (186.8m) | (165.7m) |

## Cash From Investing Activities | 176.4m | (269.2m) | (384.3m) | (481.4m) |

## Long-term Borrowings | (183.2m) | (360.7m) | (805.1m) | (2.5m) |

## Dividends Paid | (284.0m) | (283.6m) | (282.2m) | (284.3m) |

## Cash From Financing Activities | (594.7m) | (897.8m) | (558.0m) | (506.3m) |

## Net Change in Cash | 404.8m | (357.7m) | 1.0m | 115.8m |

## Interest Paid | 140.9m | 131.8m | 126.8m | 108.1m |

## Income Taxes Paid | 338.0m | 135.4m | 191.1m | 199.7m |

USD | FY, 2017 |
---|---|

## Revenue/Employee | 270.0k |

## Debt/Equity | 0.8 x |

## Debt/Assets | 0.3 x |

## Financial Leverage | 2.4 x |

Dover's Backlog was reported to be $1.6b in Q3, 2020.