DOV
IndustrialsDover Corporation · Industrial - Machinery · $28B
What is Dover Corporation?
Dover Corporation is a diversified industrial manufacturer serving markets from clean energy fueling to precision marking and fluid handling. Headquartered in Downers Grove, Illinois, the company operates across five distinct business segments worldwide.
Dover generates revenue by supplying equipment, components, consumable supplies, aftermarket parts, software, and support services to a broad range of industrial end-markets. Its segments address vehicle service, solid waste handling, industrial automation, clean fuel transport, packaging intelligence, product traceability, specialty pumps, and plastics processing. The business model blends capital equipment sales with recurring aftermarket and consumable revenue streams, giving it exposure to both new investment cycles and ongoing maintenance demand.
Dover Corporation was founded in 1980 and is headquartered in Downers Grove, Illinois.
- Engineered products for industrial automation and aerospace
- Clean energy and fueling infrastructure equipment and software
- Precision marking, coding, and product traceability systems
- Specialty pumps, flow meters, and fluid connecting solutions
- Plastics and polymer processing equipment and components
Is DOV a Good Stock to Buy?
UQS Score rates DOV as Good overall, reflecting a balanced profile across its five analytical pillars.
Dover's Quality and Risk pillars both register as Good, suggesting the business generates reliable returns relative to its risk profile. The Valuation pillar also lands in Good territory, meaning the stock does not appear stretched compared to sector peers. These three pillars together point to a company that balances financial discipline with reasonable market pricing.
The Moat pillar is rated Weak, indicating that Dover's competitive advantages are less durable than those of the strongest industrial franchises. Growth is rated Neutral, suggesting the company's expansion trajectory is in line with — rather than ahead of — broader sector expectations.
Pro members can see the exact pillar breakdown and full financial metrics behind Dover's UQS Score. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does DOV pay dividends?
Yes — Dover Corporation pays a dividend.
Dover pays a regular dividend, consistent with its long track record as an income-oriented industrial holding. The company has historically prioritized returning cash to shareholders alongside reinvestment in its diversified business segments. Investors seeking steady income from the industrials sector often consider DOV for its reliable dividend cadence rather than high-growth characteristics.
When does DOV report earnings?
Dover Corporation reports earnings on a quarterly cadence, typical for US-listed large-cap industrials.
Dover's results tend to reflect the health of its diverse end-markets, from industrial automation demand to fueling infrastructure activity. Segment mix can shift quarterly based on capital spending cycles across its customer base.
For the most recent quarter's results and guidance, visit Dover Corporation's investor relations page directly.
DOV Price History
+55.3% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Dover Corporation?
Based on Dover Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
DOV Long-term Outlook
Dover's Neutral Growth pillar suggests the company is tracking in line with broader industrials sector trends rather than outpacing them. The Good Risk pillar indicates the balance sheet and operational structure are positioned to weather cyclical softness without severe disruption. Valuation rated Good implies the market is not pricing in exceptional growth, which may limit downside if near-term results disappoint. The Weak Moat rating is a factor to watch — sustained pricing power across all five segments is not guaranteed in competitive industrial markets.
Growth drivers
- Expansion of clean energy fueling infrastructure globally
- Aftermarket parts and consumables providing recurring revenue
- Industrial automation demand supporting engineered products segment
Key risks
- Weak moat rating signals limited pricing power in competitive segments
- Cyclical capital spending slowdowns across industrial end-markets
- Neutral growth trajectory may constrain multiple expansion
DOV vs Peers
Dover competes with several diversified industrial and flow-control companies across its key segments.
Xylem focuses primarily on water technology and infrastructure, giving it a narrower but deeper specialization compared to Dover's broad multi-segment industrial portfolio.
Otis concentrates on elevator and escalator manufacturing and service, generating a high proportion of recurring maintenance revenue that differs from Dover's more equipment-and-components-driven model.
Ingersoll Rand competes directly in industrial flow and compression technologies, overlapping with Dover's pumps and process solutions segment while also serving broader HVAC and precision tools markets.
Frequently Asked Questions
What does Dover Corporation do?
Dover Corporation manufactures and supplies equipment, components, consumable supplies, aftermarket parts, software, and services across five segments: Engineered Products, Clean Energy and Fueling, Imaging and Identification, Pumps and Process Solutions, and a fifth segment focused on engineered components. Its customers span industrial, energy, packaging, and aerospace end-markets worldwide.
Does DOV pay dividends?
Yes, Dover pays a regular dividend and has a long history of returning cash to shareholders. The company is often cited among industrials for dividend consistency. Investors should check Dover's investor relations page for the current dividend rate and payment schedule.
When does DOV report earnings?
Dover reports earnings on a quarterly cadence, as is standard for US-listed large-cap companies. Exact dates vary each quarter. For the most current schedule, check Dover Corporation's investor relations page or a financial calendar service.
Is DOV a good stock to buy?
UQS Score rates Dover as Good overall, with Quality, Risk, and Valuation all registering positively. The Moat pillar is rated Weak and Growth is Neutral, which tempers the overall picture. Whether DOV fits your portfolio depends on your own goals — the complete pillar breakdown is available to Pro members.
Is DOV overvalued?
Dover's Valuation pillar is rated Good under the UQS framework, suggesting the stock is not significantly stretched relative to sector peers. That said, valuation is one of five pillars — Pro members can view the full metrics behind this rating to form their own judgment.
How does DOV compare to its competitors?
Dover's diversified multi-segment model distinguishes it from more focused peers like Xylem, which specializes in water technology, and Otis, which concentrates on elevator services. Ingersoll Rand overlaps more directly in flow and compression. Each competitor carries its own UQS profile — comparisons are available on their respective pages.
What is DOV's market cap bracket?
Dover Corporation is classified as a large-cap company, placing it among the more established and widely followed names in the industrials sector. Large-cap status generally implies greater liquidity and analyst coverage compared to mid- or small-cap peers.
Who founded Dover Corporation?
Dover Corporation's founding history is widely documented in public sources and the company's own corporate history materials. The company has been publicly traded for decades and has grown through both organic expansion and a long track record of acquisitions across industrial niches.
Is DOV a long-term quality investment?
As a long-term quality indicator, Dover's Good UQS Score reflects reasonable fundamentals across quality, risk, and valuation dimensions. The Weak Moat rating is worth monitoring over time, as durable competitive advantages are a key driver of long-term compounding. Pro members can access the full pillar detail to assess fit for a long-term portfolio.
What is the main competitive advantage of Dover Corporation?
Dover's breadth across five distinct industrial segments provides diversification that reduces reliance on any single end-market. Its aftermarket parts and consumables business creates recurring revenue streams alongside capital equipment sales. However, the UQS Moat pillar rates this advantage as Weak relative to the strongest industrial franchises.
What sector does DOV belong to?
Dover Corporation belongs to the Industrials sector. Within that sector, it spans sub-industries including industrial machinery, fluid handling, clean energy infrastructure, and precision marking — making it one of the more diversified names in the space. You can explore other [top industrials stocks](/sector/industrials) on UQS Score.
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Pro Analysis
DOV — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 56.1 | 67.7 | 38.0 | 43.2 | 71.8 | 68.4 | 0.0 |
| May 18, 2026 | 56.1 | 67.7 | 38.0 | 43.2 | 71.8 | 68.6 | +1.1 |
| May 10, 2026 | 55.0 | 64.8 | 38.0 | 43.2 | 71.8 | 66.3 | -0.5 |
| May 3, 2026 | 55.5 | 67.1 | 38.0 | 43.2 | 71.8 | 65.6 | 0.0 |
| May 2, 2026 | 55.5 | 67.1 | 38.0 | 43.2 | 71.8 | 65.7 | 0.0 |
| May 1, 2026 | 55.5 | 67.1 | 38.0 | 42.9 | 71.8 | 65.7 | 0.0 |
| Apr 27, 2026 | 55.5 | 67.1 | 38.0 | 42.9 | 71.8 | 65.4 | +0.1 |
| Apr 26, 2026 | 55.4 | 67.1 | 38.0 | 42.8 | 71.8 | 65.4 | 0.0 |
| Apr 25, 2026 | 55.4 | 67.1 | 38.0 | 41.9 | 71.8 | 66.1 | +0.2 |
| Apr 24, 2026 | 55.2 | 67.8 | 38.0 | 41.4 | 69.1 | 67.1 | 0.0 |
DOV — Pillar Breakdown
Quality
— 67.7/100 (25%)Dover Corporation shows solid profitability with healthy returns on capital and reasonable margins.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 43.2/100 (20%)Dover Corporation shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 71.8/100 (15%)Dover Corporation maintains a reasonable risk profile with manageable debt levels.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 68.6/100 (15%)Dover Corporation trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 38/100 (25%)Dover Corporation possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for DOV.
Score Composition
Financial Data
More Stock Analysis
How is the DOV UQS Score Calculated?
The UQS (Unified Quality Score) for Dover Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Dover Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Dover Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.