Dover Past Earnings Performance
Past criteria checks 5/6
Dover has been growing earnings at an average annual rate of 15.6%, while the Machinery industry saw earnings growing at 15.6% annually. Revenues have been growing at an average rate of 4.9% per year. Dover's return on equity is 26.9%, and it has net margins of 18.1%.
Key information
15.6%
Earnings growth rate
16.5%
EPS growth rate
| Machinery Industry Growth | 8.8% |
| Revenue growth rate | 4.9% |
| Return on equity | 26.9% |
| Net Margin | 18.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Dover Corp.: The Market Price Has Run Ahead For This Strong Income Generator
Nov 28Here's Why Dover (NYSE:DOV) Can Manage Its Debt Responsibly
Nov 23
Dover (NYSE:DOV) Has Affirmed Its Dividend Of $0.515
Nov 12Getting In Cheap On Dover Corporation (NYSE:DOV) Is Unlikely
Nov 05At US$194, Is Dover Corporation (NYSE:DOV) Worth Looking At Closely?
Oct 19Dover's (NYSE:DOV) Returns Have Hit A Wall
Oct 08Dover Corporation: Continued Portfolio Optimization
Sep 18Does Dover (NYSE:DOV) Deserve A Spot On Your Watchlist?
Sep 05Dover (NYSE:DOV) Has Affirmed Its Dividend Of $0.515
Aug 21Is Dover (NYSE:DOV) A Risky Investment?
Aug 20Earnings Beat: Dover Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Jul 29Some Shareholders Feeling Restless Over Dover Corporation's (NYSE:DOV) P/E Ratio
Jul 22Is Dover Corporation (NYSE:DOV) Potentially Undervalued?
Jul 11Dover: Excellent Economics Well Captured At Current Multiples
Jul 04Is Dover Corporation (NYSE:DOV) Trading At A 26% Discount?
Jun 29Investors Met With Slowing Returns on Capital At Dover (NYSE:DOV)
Jun 18Dover: Quality Growth Ahead, But This Dividend Aristocrat Is Fairly Priced
May 21Do Dover's (NYSE:DOV) Earnings Warrant Your Attention?
May 14We Think You Should Be Aware Of Some Concerning Factors In Dover's (NYSE:DOV) Earnings
May 03Dover Corporation's (NYSE:DOV) Share Price Could Signal Some Risk
Mar 30Dover Corporation's (NYSE:DOV) Intrinsic Value Is Potentially 38% Above Its Share Price
Mar 18Here's What To Make Of Dover's (NYSE:DOV) Decelerating Rates Of Return
Mar 06Dover Corporation Is Not A Buy At Its New High
Mar 05Dover Corporation (NYSE:DOV) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Feb 13Dover's (NYSE:DOV) Dividend Will Be $0.51
Feb 12Is Dover Corporation (NYSE:DOV) Potentially Undervalued?
Jan 27Dover Corporation: Continued Transformation, Continued Growth Challenges
Jan 16Is Dover (NYSE:DOV) Using Too Much Debt?
Jan 15Dover Corporation: Government's Push For Greener Environment Serves As Catalyst
Nov 08Dover: Too Expensive Despite Potential Growth Prospects
Oct 05Revenue & Expenses Breakdown
How Dover makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 8,475 | 1,533 | 1,604 | 156 |
| 30 Jun 24 | 8,449 | 1,482 | 1,582 | 155 |
| 31 Mar 24 | 8,453 | 1,460 | 1,565 | 155 |
| 31 Dec 23 | 8,438 | 1,057 | 1,532 | 153 |
| 30 Sep 23 | 7,919 | 949 | 1,464 | 145 |
| 30 Jun 23 | 8,119 | 973 | 1,453 | 155 |
| 31 Mar 23 | 8,535 | 1,068 | 1,480 | 161 |
| 31 Dec 22 | 8,508 | 1,065 | 1,490 | 163 |
| 30 Sep 22 | 8,358 | 1,165 | 1,526 | 164 |
| 30 Jun 22 | 8,218 | 1,142 | 1,547 | 155 |
| 31 Mar 22 | 8,091 | 1,117 | 1,545 | 157 |
| 31 Dec 21 | 7,907 | 1,124 | 1,514 | 158 |
| 30 Sep 21 | 7,698 | 943 | 1,477 | 152 |
| 30 Jun 21 | 7,428 | 880 | 1,442 | 154 |
| 31 Mar 21 | 6,896 | 740 | 1,387 | 148 |
| 31 Dec 20 | 6,684 | 683 | 1,367 | 142 |
| 30 Sep 20 | 6,679 | 669 | 1,260 | 248 |
| 30 Jun 20 | 6,756 | 675 | 1,307 | 211 |
| 31 Mar 20 | 7,068 | 748 | 1,405 | 142 |
| 31 Dec 19 | 7,136 | 678 | 1,431 | 141 |
| 30 Sep 19 | 7,170 | 668 | 1,594 | 0 |
| 30 Jun 19 | 7,092 | 619 | 1,613 | 0 |
| 31 Mar 19 | 7,079 | 587 | 1,612 | 35 |
| 31 Dec 18 | 6,992 | 591 | 1,532 | 143 |
| 30 Sep 18 | 6,936 | 723 | 1,689 | 0 |
| 30 Jun 18 | 6,936 | 725 | 1,691 | 0 |
| 31 Mar 18 | 6,875 | 701 | 1,687 | 0 |
| 31 Dec 17 | 6,821 | 747 | 1,683 | 0 |
| 30 Sep 17 | 6,846 | 618 | 1,699 | 0 |
| 30 Jun 17 | 6,806 | 589 | 1,708 | 0 |
| 31 Mar 17 | 6,755 | 565 | 1,721 | 0 |
| 31 Dec 16 | 6,043 | 502 | 1,501 | 0 |
| 30 Sep 16 | 6,711 | 484 | 1,689 | 0 |
| 30 Jun 16 | 6,791 | 541 | 1,661 | 0 |
| 31 Mar 16 | 6,863 | 578 | 1,630 | 0 |
| 31 Dec 15 | 6,956 | 596 | 1,613 | 0 |
| 30 Sep 15 | 7,240 | 631 | 1,646 | 0 |
| 30 Jun 15 | 7,462 | 670 | 1,682 | 0 |
| 31 Mar 15 | 7,666 | 725 | 1,717 | 0 |
| 31 Dec 14 | 7,753 | 778 | 1,734 | 0 |
| 30 Sep 14 | 7,293 | 752 | 1,650 | 0 |
| 30 Jun 14 | 7,224 | 753 | 1,634 | 0 |
| 31 Mar 14 | 7,194 | 800 | 1,632 | 0 |
| 31 Dec 13 | 7,155 | 798 | 1,618 | 0 |
Quality Earnings: DOV has a large one-off gain of $539.1M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: DOV's current net profit margins (18.1%) are higher than last year (12%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DOV's earnings have grown by 15.6% per year over the past 5 years.
Accelerating Growth: DOV's earnings growth over the past year (61.5%) exceeds its 5-year average (15.6% per year).
Earnings vs Industry: DOV earnings growth over the past year (61.5%) exceeded the Machinery industry 14.6%.
Return on Equity
High ROE: DOV's Return on Equity (26.9%) is considered high.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 04:14 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Dover Corporation is covered by 36 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Bamman | Ascendiant Capital Markets LLC |
| Michael Halloran | Baird |
| Robert Cornell | Barclays |