DOV: Dover Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Dover Corp (DOV).
$25.74B Market Cap.
DOV Market Cap. (MRY)
DOV Shares Outstanding (MRY)
DOV Assets (MRY)
Total Assets
$12.51B
Total Liabilities
$5.56B
Total Investments
$0
DOV Income (MRY)
Revenue
$7.75B
Net Income
$2.70B
Operating Expense
$1.15B
DOV Cash Flow (MRY)
CF Operations
$1.09B
CF Investing
-$26.98M
CF Financing
-$1.27B
DOV Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $12,509,160,000 (10.23%) | $11,348,513,000 (4.15%) | $10,896,519,000 (4.74%) | $10,403,627,000 (13.68%) |
Assets Current | $4,484,497,000 (32.28%) | $3,390,235,000 (-0.97%) | $3,423,465,000 (11.82%) | $3,061,709,000 (16.90%) |
Assets Non-Current | $8,024,663,000 (0.83%) | $7,958,278,000 (6.49%) | $7,473,054,000 (1.79%) | $7,341,918,000 (12.38%) |
Goodwill & Intangible Assets | $6,486,556,000 (6.64%) | $6,082,768,000 (1.32%) | $6,003,229,000 (1.43%) | $5,918,344,000 (14.78%) |
Shareholders Equity | $6,953,996,000 (36.18%) | $5,106,605,000 (19.14%) | $4,286,366,000 (2.31%) | $4,189,528,000 (23.74%) |
Property Plant & Equipment Net | $987,924,000 (0.97%) | $978,472,000 (-2.62%) | $1,004,825,000 (4.96%) | $957,310,000 (6.68%) |
Cash & Equivalents | $1,844,877,000 (362.88%) | $398,561,000 (4.65%) | $380,868,000 (-1.20%) | $385,504,000 (-24.86%) |
Accumulated Other Comprehensive Income | $0 (0%) | -$237,866,000 (10.65%) | -$266,223,000 (-72.81%) | -$154,052,000 (-0.52%) |
Deferred Revenue | $198,629,000 (1.97%) | $194,798,000 (-24.18%) | $256,933,000 (12.91%) | $227,549,000 (23.10%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $1,144,838,000 (0.07%) | $1,144,089,000 (-16.28%) | $1,366,608,000 (14.74%) | $1,191,095,000 (42.51%) |
Trade & Non-Trade Receivables | $1,354,225,000 (2.51%) | $1,321,107,000 (-12.91%) | $1,516,871,000 (12.57%) | $1,347,514,000 (18.49%) |
Trade & Non-Trade Payables | $848,006,000 (-0.76%) | $854,465,000 (-20.00%) | $1,068,144,000 (-0.51%) | $1,073,568,000 (25.72%) |
Accumulated Retained Earnings (Deficit) | $13,409,633,000 (21.95%) | $10,995,624,000 (7.56%) | $10,223,070,000 (8.24%) | $9,445,245,000 (9.72%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $392,351,000 (-4.60%) | $411,285,000 (-8.78%) | $450,890,000 (-10.63%) | $504,501,000 (37.83%) |
Total Debt | $2,929,402,000 (-15.34%) | $3,460,041,000 (-5.93%) | $3,678,285,000 (17.73%) | $3,124,416,000 (0.50%) |
Debt Current | $400,056,000 (-14.57%) | $468,282,000 (-36.36%) | $735,772,000 (596.08%) | $105,702,000 (0%) |
Debt Non-Current | $2,529,346,000 (-15.46%) | $2,991,759,000 (1.67%) | $2,942,513,000 (-2.52%) | $3,018,714,000 (-2.90%) |
Total Liabilities | $5,555,164,000 (-11.00%) | $6,241,908,000 (-5.57%) | $6,610,153,000 (6.37%) | $6,214,099,000 (7.77%) |
Liabilities Current | $2,196,527,000 (-9.00%) | $2,413,770,000 (-12.96%) | $2,773,274,000 (23.24%) | $2,250,341,000 (29.42%) |
Liabilities Non-Current | $3,358,637,000 (-12.26%) | $3,828,138,000 (-0.23%) | $3,836,879,000 (-3.20%) | $3,963,758,000 (-1.58%) |
DOV Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $7,745,909,000 (0.80%) | $7,684,476,000 (-2.04%) | $7,844,174,000 (-0.80%) | $7,907,081,000 (18.30%) |
Cost of Revenue | $4,787,288,000 (-0.62%) | $4,816,932,000 (-2.48%) | $4,939,221,000 (0.04%) | $4,937,295,000 (17.28%) |
Selling General & Administrative Expense | $1,752,266,000 (6.31%) | $1,648,204,000 (1.41%) | $1,625,312,000 (-3.73%) | $1,688,278,000 (9.56%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $1,154,468,000 (-29.96%) | $1,648,204,000 (1.41%) | $1,625,312,000 (9.67%) | $1,481,940,000 (-3.51%) |
Interest Expense | $131,171,000 (-0.10%) | $131,304,000 (12.75%) | $116,456,000 (9.53%) | $106,319,000 (-5.02%) |
Income Tax Expense | $357,048,000 (99.32%) | $179,136,000 (-10.56%) | $200,291,000 (-27.69%) | $277,008,000 (75.01%) |
Net Loss Income from Discontinued Operations | -$1,297,158,000 (-1048.29%) | -$112,964,000 (-49.69%) | -$75,464,000 (0%) | $0 (0%) |
Consolidated Income | $2,697,126,000 (155.21%) | $1,056,828,000 (-0.80%) | $1,065,376,000 (-5.20%) | $1,123,818,000 (64.43%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $2,697,126,000 (155.21%) | $1,056,828,000 (-0.80%) | $1,065,376,000 (-5.20%) | $1,123,818,000 (64.43%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $2,697,126,000 (155.21%) | $1,056,828,000 (-0.80%) | $1,065,376,000 (-5.20%) | $1,123,818,000 (64.43%) |
Weighted Average Shares | $137,735,000 (-1.51%) | $139,848,000 (-1.99%) | $142,681,000 (-0.86%) | $143,923,000 (-0.09%) |
Weighted Average Shares Diluted | $138,696,000 (-1.35%) | $140,599,000 (-2.09%) | $143,595,000 (-1.16%) | $145,273,000 (-0.08%) |
Earning Before Interest & Taxes (EBIT) | $3,185,345,000 (132.97%) | $1,367,268,000 (-1.07%) | $1,382,123,000 (-8.30%) | $1,507,145,000 (58.04%) |
Gross Profit | $2,958,621,000 (3.18%) | $2,867,544,000 (-1.29%) | $2,904,953,000 (-2.18%) | $2,969,786,000 (20.04%) |
Operating Income | $1,804,153,000 (47.96%) | $1,219,340,000 (-4.71%) | $1,279,641,000 (-13.99%) | $1,487,846,000 (58.59%) |
DOV Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$26,983,000 (96.24%) | -$717,715,000 (-37.80%) | -$520,844,000 (47.54%) | -$992,753,000 (-106.23%) |
Net Cash Flow from Financing | -$1,271,673,000 (-123.86%) | -$568,056,000 (-118.26%) | -$260,265,000 (-4.16%) | -$249,880,000 (50.64%) |
Net Cash Flow from Operations | $1,087,833,000 (-10.80%) | $1,219,546,000 (63.31%) | $746,754,000 (-33.08%) | $1,115,865,000 (1.00%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $1,429,016,000 (3983.72%) | $34,993,000 (854.81%) | -$4,636,000 (96.37%) | -$127,571,000 (-210.14%) |
Net Cash Flow - Business Acquisitions and Disposals | $133,578,000 (125.03%) | -$533,623,000 (-70.57%) | -$312,855,000 (62.63%) | -$837,093,000 (-161.28%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$167,533,000 (8.65%) | -$183,406,000 (13.11%) | -$211,082,000 (-28.40%) | -$164,395,000 (-3.73%) |
Issuance (Repayment) of Debt Securities | -$467,637,000 (-74.82%) | -$267,490,000 (-142.47%) | $629,891,000 (499.90%) | $105,000,000 (223.97%) |
Issuance (Purchase) of Equity Shares | -$516,603,000 (-4156.43%) | -$12,137,000 (97.98%) | -$599,637,000 (-843.40%) | -$63,561,000 (52.83%) |
Payment of Dividends & Other Cash Distributions | -$283,117,000 (0.42%) | -$284,297,000 (1.13%) | -$287,551,000 (-0.23%) | -$286,896,000 (-0.91%) |
Effect of Exchange Rate Changes on Cash | -$6,348,000 (4.77%) | -$6,666,000 (27.33%) | -$9,173,000 (-1042.34%) | -$803,000 (39.12%) |
Share Based Compensation | $40,359,000 (31.18%) | $30,766,000 (2.30%) | $30,075,000 (-3.33%) | $31,111,000 (24.31%) |
Depreciation Amortization & Accretion | $337,842,000 (10.75%) | $305,046,000 (3.17%) | $295,660,000 (1.91%) | $290,123,000 (3.97%) |
DOV Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 38.20% (2.41%) | 37.30% (0.81%) | 37.00% (-1.60%) | 37.60% (1.62%) |
Profit Margin | 34.80% (152.17%) | 13.80% (1.47%) | 13.60% (-4.23%) | 14.20% (39.22%) |
EBITDA Margin | 45.50% (108.72%) | 21.80% (1.87%) | 21.40% (-5.73%) | 22.70% (23.37%) |
Return on Average Equity (ROAE) | 46.60% (109.91%) | 22.20% (-11.55%) | 25.10% (-14.63%) | 29.40% (36.74%) |
Return on Average Assets (ROAA) | 22.60% (135.42%) | 9.60% (-3.03%) | 9.90% (-13.91%) | 11.50% (51.32%) |
Return on Sales (ROS) | 41.10% (130.90%) | 17.80% (1.14%) | 17.60% (-7.85%) | 19.10% (33.57%) |
Return on Invested Capital (ROIC) | 58.10% (141.08%) | 24.10% (-7.66%) | 26.10% (-13.58%) | 30.20% (54.08%) |
Dividend Yield | 1.10% (-15.38%) | 1.30% (-13.33%) | 1.50% (36.36%) | 1.10% (-31.25%) |
Price to Earnings Ratio (P/E) | 9.58 (-52.91%) | 20.34 (12.24%) | 18.13 (-22.04%) | 23.25 (-12.70%) |
Price to Sales Ratio (P/S) | 3.34 (19.19%) | 2.8 (13.64%) | 2.46 (-25.48%) | 3.31 (21.46%) |
Price to Book Ratio (P/B) | 3.7 (-12.15%) | 4.21 (-4.98%) | 4.43 (-28.95%) | 6.24 (16.15%) |
Debt to Equity Ratio (D/E) | 0.8 (-34.62%) | 1.22 (-20.75%) | 1.54 (3.98%) | 1.48 (-12.92%) |
Earnings Per Share (EPS) | 19.58 (158.99%) | 7.56 (1.20%) | 7.47 (-4.35%) | 7.81 (64.77%) |
Sales Per Share (SPS) | 56.24 (2.35%) | 54.95 (-0.05%) | 54.98 (0.07%) | 54.94 (18.41%) |
Free Cash Flow Per Share (FCFPS) | 6.68 (-9.81%) | 7.41 (97.36%) | 3.75 (-43.22%) | 6.61 (0.64%) |
Book Value Per Share (BVPS) | 50.49 (38.27%) | 36.52 (21.55%) | 30.04 (3.20%) | 29.11 (23.85%) |
Tangible Assets Book Value Per Share (TABVPS) | 43.73 (16.13%) | 37.65 (9.79%) | 34.3 (10.05%) | 31.16 (12.35%) |
Enterprise Value Over EBIT (EV/EBIT) | 9 (-50.00%) | 18 (12.50%) | 16 (-15.79%) | 19 (-13.64%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 8.16 (-44.06%) | 14.58 (9.55%) | 13.31 (-15.97%) | 15.84 (-6.59%) |
Asset Turnover | 0.65 (-7.28%) | 0.7 (-4.23%) | 0.73 (-9.29%) | 0.81 (9.20%) |
Current Ratio | 2.04 (45.34%) | 1.41 (13.86%) | 1.23 (-9.33%) | 1.36 (-9.63%) |
Dividends | $2.05 (0.99%) | $2.03 (1.00%) | $2.01 (1.01%) | $1.99 (1.02%) |
Free Cash Flow (FCF) | $920,300,000 (-11.18%) | $1,036,140,000 (93.43%) | $535,672,000 (-43.70%) | $951,470,000 (0.54%) |
Enterprise Value (EV) | $28,737,561,822 (17.85%) | $24,384,408,049 (9.20%) | $22,330,848,370 (-21.56%) | $28,468,652,985 (36.19%) |
Earnings Before Tax (EBT) | $3,054,174,000 (147.11%) | $1,235,964,000 (-2.35%) | $1,265,667,000 (-9.65%) | $1,400,826,000 (66.42%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $3,523,187,000 (110.68%) | $1,672,314,000 (-0.33%) | $1,677,783,000 (-6.65%) | $1,797,268,000 (45.80%) |
Invested Capital | $4,910,602,000 (-16.96%) | $5,913,455,000 (9.16%) | $5,417,433,000 (8.92%) | $4,973,854,000 (2.50%) |
Working Capital | $2,287,970,000 (134.31%) | $976,465,000 (50.18%) | $650,191,000 (-19.86%) | $811,368,000 (-7.84%) |
Tangible Asset Value | $6,022,604,000 (14.37%) | $5,265,745,000 (7.61%) | $4,893,290,000 (9.10%) | $4,485,283,000 (12.25%) |
Market Capitalization | $25,737,212,822 (19.62%) | $21,516,503,049 (13.21%) | $19,005,328,370 (-27.32%) | $26,147,612,985 (43.72%) |
Average Equity | $5,792,117,500 (21.54%) | $4,765,442,750 (12.15%) | $4,249,022,750 (11.09%) | $3,824,948,500 (20.45%) |
Average Assets | $11,925,231,250 (8.84%) | $10,956,712,250 (2.26%) | $10,714,332,000 (9.31%) | $9,801,875,750 (8.32%) |
Invested Capital Average | $5,478,631,250 (-3.38%) | $5,670,460,750 (7.09%) | $5,295,260,000 (6.05%) | $4,993,131,250 (2.69%) |
Shares | 137,191,966 (-1.93%) | 139,890,144 (-0.33%) | 140,353,950 (-2.52%) | 143,984,653 (-0.08%) |
