Dover Corp
Research Dover Corp (DOV) on Bullrun: valuation model: 3.7% undervalued, market cap USD 27.29B, P/E 24.3, dividend yield 0.8%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerDOV
- ExchangeNYSE
- CountryUnited States
- SectorIndustrials
- IndustrySpecialty Industrial Machinery
- CurrencyUSD
- Valuation signal3.7% undervalued
- Market capUSD 27.29B
- P/E24.3
- Dividend yield0.8%
- Financial periodQ2 2026
- RevenueUSD 2.19B
- Net incomeUSD 312.25M
- Free cash flowUSD 188.01M
- Gross margin40.2%
Valuation Snapshot
Bullrun's latest valuation model marks Dover Corp as 3.7% undervalued; latest market cap is USD 27.29B; P/E is 24.3; dividend yield is 0.8%.
Peer valuation comparison
Latest P/E is 24.32x versus a Industrials sector median of 20.76x (17.1% above).
Latest dividend yield is 0.77% versus a Industrials sector median of 2.39% (67.8% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 8.09B | USD 1.09B | USD 1.12B | 39.8% | 7.94 | USD 1.68B | USD 3.33B | USD 7.41B |
| FY2024 | USD 7.75B | USD 2.70B | USD 920.30M | 38.2% | 19.45 | USD 1.84B | USD 2.93B | USD 6.95B |
| FY2023 | USD 7.68B | USD 1.06B | USD 1.15B | 37.3% | 7.52 | USD 398.56M | USD 2.99B | USD 5.11B |
| FY2022 | USD 7.84B | USD 1.07B | USD 594.64M | 37.0% | 7.42 | USD 380.87M | USD 3.68B | USD 4.29B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 27.29B | 24.3 | 1.0% | 2.08 |
| 2025 | 2025-12-31 | USD 26.33B | 24.6 | 1.1% | 2.08 |
| 2024 | 2024-12-31 | USD 25.74B | 9.6 | 1.1% | 2.06 |
| 2023 | 2023-12-29 | USD 21.52B | 21.1 | 1.3% | 2.04 |
| 2022 | 2022-12-30 | USD 19.01B | 16.8 | 1.5% | 2.02 |
| 2021 | 2021-12-31 | USD 26.16B | 23.5 | 1.1% | 2 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 2.08 USD, yield 0.8%.
| Year | Dividends/share |
|---|---|
| FY2025 | 2.07 USD |
| FY2024 | 2.05 USD |
| FY2023 | 2.03 USD |
| FY2022 | 2.01 USD |
About Dover Corp
Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company's Engineered Products segment provides various equipment, component, software, solution, and services that are used in vehicle aftermarket, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market.
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Frequently asked questions
Is Dover Corp overvalued or undervalued?
Bullrun's valuation model currently marks Dover Corp as 3.7% undervalued.
What is Dover Corp's market cap?
Dover Corp's market capitalization is USD 27.29B.
What is Dover Corp's P/E ratio?
Dover Corp's price-to-earnings (P/E) ratio is 24.3.
Does Dover Corp pay a dividend?
Dover Corp has a dividend yield of 0.8%.
What does Dover Corp do?
Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company's Engineered Products segment provides various equipment, component, software, solution, and services that are used in vehicle aftermarket, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market.