Dover Corporation (DOV) Stock

Dover Corporation (DOV) is a Industrials stock trading at $214.15 (as of 2026-07-17), with a market capitalization of $28.84B and a trailing P/E of 26.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Dover Corporation supplies equipment, components, consumables, aftermarket parts, software and digital solutions, and support services. Its segments include Engineered Products for industrial and vehicle-service automation and equipment, Clean Energy & Fueling for transporting fuels and operating related retail fueling and wash sites, and Imaging & Identification for marking, coding, and traceability solutions.

Understand Dover Corporation: how it makes money

Dover Corporation provides equipment and component systems, consumable supplies and aftermarket parts, plus software and digital solutions and support services, serving uses in areas like aftermarket vehicle service, solid waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing.

The profit model is centered on selling engineered equipment and related offerings into aftermarket and services-focused end markets, with value supported by consumables, aftermarket parts, and support services alongside equipment and software solutions.

Business quality (Mixed): Good for segment revenue sizing (five segment revenues are provided and sum close to reported revenue). Operating focus is limited to segment revenue and adjusted segment EBITDA change labels in the provided dataset.

Valuation: At 27× earnings, DOV trades 20% below the Machinery average (34×). Note: one-time items can distort reported P/E.

Bull case

  • Aftermarket and support exposure embedded in the offering: Dover’s Engineered Products description includes consumable supplies, aftermarket parts, software and digital solutions, and support services used across aftermarket vehicle service and other industrial end markets.
  • Segment operating improvement signal: The provided operating labels include “Adj. Segment EBITDA up (Y-o-Y)” at 41.0 and “Dover Adj. Segment EBITDA up” at 47.0 (unit shown as USD_B in the dataset).
  • Large and diversified segment revenue base: The largest segment revenues shown are DCEF (555.0) and DPPS (538.0), with additional contributions from DCST (411.0), DII (285.0), and DEP (267.0).

Bear case

  • Foreign exchange can reduce reported revenue: The dataset includes FX headwind to revenue (absolute) of 0.09 and revenue impact - FX of 0.07.
  • Provided KPIs are limited to revenue and adjusted segment EBITDA change: In the provided facts, there is no single operational volume metric (for example, units, utilization, or backlog) to independently confirm underlying demand strength beyond segment revenue and the adjusted EBITDA change labels.
  • Operating profitability is not exceptionally high based on the latest snapshot: Latest reported gross margin is 38.9% and operating margin is 14.9% (for the period ending 2026-03-31), leaving less buffer for cost pressure if conditions weaken.
Valuation — source: SEC EDGAR (first-party)
Price$214.15
Market Cap$28.84B
P/E Ratio26.2
EV / EBITDA17.3
Price / Book3.85
Price / Sales3.48
DCF Value (model)$98.29
DCF Upside vs Price-54.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$8.09B
Net Margin13.5%
Revenue Growth (YoY)10.1%
EPS Growth (YoY)5.4%
Financial Health — source: SEC EDGAR
Altman Z-Score5.48 (safe)
Valuation vs Sector & Industry
Stock P/E26.2
Sector P/E (Industrials)28.7
Industry P/E (Machinery)32.9
vs Sector-8.7%
vs Industry-20.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($3.27B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorIndustrials
IndustryMachinery
CEORichard Joseph Tobin
Employees24,000
CountryUS
IPO Date1980-03-17

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DOV earnings history · DOV institutional & insider holders · DOV KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-17.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.