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Dover Corporation (DOV)

Industrials Balanced

Dover Corporation is a diversified industrial giant that makes everything from food refrigeration systems to digital printing equipment and pump components.

$204.62

Is Dover Corporation a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Highly diversified business model reduces reliance on one single industry. Worth weighing: Complex structure can make it difficult for beginners to track individual segments. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.

No rating · no target price · nothing for sale here
Price+14.2%
= past earnings-report date
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range+10% past year
$204.62
Low $158.97High $237.54
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into Dover Corporation
$1,142+14%

Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has Dover Corporation actually fallen?

−27%

Over the last 2 years of daily prices, Dover Corporation fell as much as −27% from a high to a later low. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.

Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$27.56B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
1.06M
Day range: The lowest and highest price the shares traded at during the latest day.
$203.25 – $205.68
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$158.97 – $237.54
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
24.7
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
1.0%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
1.16
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 1.16
Calm
Wild
Roughly in step with the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▼ -2% past week · ▲ +10% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Expansion into high-growth technology and automation sectors

The bear case

Long-term decline in traditional industrial manufacturing demand

What does Dover Corporation do?

Dover operates as a collection of specialised businesses that provide essential equipment and software for industries like manufacturing, energy, and retail. Revenue is generated by selling these high-tech components and systems to other businesses globally. Their ability to steer a diverse portfolio of companies and keep profits steady even when the wider economy hits a rough patch is the thing to follow.

VQGMI
Factor profile

On our factor screen it looks strongest on income and quality, and weakest on growth.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 49Quality: How profitable and financially healthy the company is (higher = stronger). 55Growth: How fast revenue and earnings are growing (higher = faster). 42Momentum: How the share price has been trending recently (higher = stronger recent run). 42Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 61
Quick checks
What's strong
  • Highly diversified business model reduces reliance on one single industry
  • Strong gross margins suggest good control over production costs
  • Consistent history of returning value to shareholders
What to watch
  • Global economic slowdowns often hit industrial companies first
  • Rising costs for raw materials could squeeze profit margins
  • Dependence on large-scale business contracts which can be lumpy

What do Dover Corporation's numbers mean?

P/E
26.9
This shows how much investors are currently paying for every pound of the company's annual profit.
Around the middle of the 106 Industrials shares we cover
Gross margin
40.0%
This represents the percentage of sales left over after paying for the direct costs of making their products.
Around the middle of the 123 Industrials shares we cover
Return on equity
15.0%
This measures how efficiently the company uses the money invested by shareholders to generate profit.
Around the middle of the 114 Industrials shares we cover
Beta
1.2
This indicates that the share price tends to be slightly more jumpy or volatile than the overall stock market.

How much money does Dover Corporation make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$547.51M$1.10B$1.64B$2.19BQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
40.1%
Net margin
13.5%
Return on equity
14.9%

Does Dover Corporation pay a dividend?

Yes - Dover Corporation currently pays a dividend of about 1.0% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.

What do the numbers say about Dover Corporation's dividend?

There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.

Dividend yield1.0%The yearly dividend as a percentage of today's price. A very high figure often means the price has fallen because the market expects a cut, so a big yield is a question to look into, not a prize.
Payout ratio25%The share of profit paid out as dividends. A lower figure leaves headroom; near or above 100% means most or all of the profit is going out as dividends.
Dividend cover4.0×Profit divided by the dividend (the payout ratio the other way up). As a rough convention many income investors like around 2× or more; below 1× means the company paid out more than it earned that year.

Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.

When does Dover Corporation report earnings, and how did recent quarters go?

Dover Corporation is next scheduled to report on about 2026-10-22 - dates can move, and we don't predict results; this just tells you when to look.

Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.

Dover Corporation: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-07-23$2.72$2.74In line
2026-04-23$2.27$2.28In line
2026-01-29$2.49$2.51In line
2025-10-23$2.51$2.62Beat +5%
2025-07-24$2.39$2.44Beat +2%
2025-04-24$1.98$2.05Beat +3%

Across the last 6 quarters here, Dover Corporation came in ahead of what analysts expected 3 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.

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What are the scenarios for Dover Corporation?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$239$205$157today · $205▲ Bull · $220• Base · $205▼ Bear · $189in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+5% to +10%Strong demand for industrial equipment in the next quarter
Base
-2% to +2%Steady performance in line with current market trends
Bear
-5% to -10%Supply chain disruptions slowing down production

What are the pros and cons of Dover Corporation?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Highly diversified business model reduces reliance on one single industry
  • Strong gross margins suggest good control over production costs
  • Consistent history of returning value to shareholders
The catch3
  • Complex structure can make it difficult for beginners to track individual segments
  • Higher beta means the share price can be more sensitive to market swings
  • Earnings growth is currently slower than revenue growth: How fast the company's sales grew versus a year ago.
Key risks3
  • Global economic slowdowns often hit industrial companies first
  • Rising costs for raw materials could squeeze profit margins
  • Dependence on large-scale business contracts which can be lumpy
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: USD · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-02. Prices may be delayed and numbers can go stale - always double-check before acting.