Dover Corporation
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. This s… Read more
Dover Corporation (DOV) - Net Assets
Latest net assets as of December 2025: $7.41 Billion USD
Based on the latest financial reports, Dover Corporation (DOV) has net assets worth $7.41 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.42 Billion) and total liabilities ($6.02 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.41 Billion |
| % of Total Assets | 55.17% |
| Annual Growth Rate | 6.37% |
| 5-Year Change | 76.76% |
| 10-Year Change | 94.89% |
| Growth Volatility | 12.59 |
Dover Corporation - Net Assets Trend (1985–2025)
This chart illustrates how Dover Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Dover Corporation (1985–2025)
The table below shows the annual net assets of Dover Corporation from 1985 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $7.41 Billion | +6.49% |
| 2024-12-31 | $6.95 Billion | +36.18% |
| 2023-12-31 | $5.11 Billion | +19.14% |
| 2022-12-31 | $4.29 Billion | +2.31% |
| 2021-12-31 | $4.19 Billion | +23.74% |
| 2020-12-31 | $3.39 Billion | +11.64% |
| 2019-12-31 | $3.03 Billion | +9.54% |
| 2018-12-31 | $2.77 Billion | -36.83% |
| 2017-12-31 | $4.38 Billion | +15.35% |
| 2016-12-31 | $3.80 Billion | +4.26% |
| 2015-12-31 | $3.64 Billion | -1.52% |
| 2014-12-31 | $3.70 Billion | -31.18% |
| 2013-12-31 | $5.38 Billion | +9.31% |
| 2012-12-31 | $4.92 Billion | -0.23% |
| 2011-12-31 | $4.93 Billion | +8.92% |
| 2010-12-31 | $4.53 Billion | +10.85% |
| 2009-12-31 | $4.08 Billion | +7.67% |
| 2008-12-31 | $3.79 Billion | -3.88% |
| 2007-12-31 | $3.95 Billion | +3.55% |
| 2006-12-31 | $3.81 Billion | +14.46% |
| 2005-12-31 | $3.33 Billion | +6.76% |
| 2004-12-31 | $3.12 Billion | +13.71% |
| 2003-12-31 | $2.74 Billion | +14.53% |
| 2002-12-31 | $2.39 Billion | -4.96% |
| 2001-12-31 | $2.52 Billion | +3.19% |
| 2000-12-31 | $2.44 Billion | +19.76% |
| 1999-12-31 | $2.04 Billion | +6.69% |
| 1998-12-31 | $1.91 Billion | +12.17% |
| 1997-12-31 | $1.70 Billion | +14.36% |
| 1996-12-31 | $1.49 Billion | +21.34% |
| 1995-12-31 | $1.23 Billion | +23.28% |
| 1994-12-31 | $995.90 Million | +14.47% |
| 1993-12-31 | $870.00 Million | +8.09% |
| 1992-12-31 | $804.90 Million | -2.84% |
| 1991-12-31 | $828.40 Million | +5.17% |
| 1990-12-31 | $787.70 Million | +5.48% |
| 1989-12-31 | $746.80 Million | +0.77% |
| 1988-12-31 | $741.10 Million | +10.30% |
| 1987-12-31 | $671.90 Million | +7.04% |
| 1986-12-31 | $627.70 Million | +0.35% |
| 1985-12-31 | $625.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dover Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2176.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $14.22 Billion | 192.03% |
| Common Stock | $260.19 Million | 3.51% |
| Other Comprehensive Income | $-174.95 Million | -2.36% |
| Total Equity | $7.41 Billion | 100.00% |
Dover Corporation Competitors by Market Cap
The table below lists competitors of Dover Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Glencore PLC
PINK:GLCNF
|
$27.97 Billion |
|
FirstEnergy Corporation
NYSE:FE
|
$28.02 Billion |
|
Verisk Analytics Inc
NASDAQ:VRSK
|
$28.03 Billion |
|
Amadeus IT Group S.A
PINK:AMADF
|
$28.16 Billion |
|
Expedia Group Inc.
NASDAQ:EXPE
|
$27.85 Billion |
|
PPL Corporation
NYSE:PPL
|
$27.79 Billion |
|
Bank of Communications Co
SHG:601328
|
$27.78 Billion |
|
CenterPoint Energy Inc
NYSE:CNP
|
$27.76 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dover Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,953,996,000 to 7,405,206,000, a change of 451,210,000 (6.5%).
- Net income of 1,093,956,000 contributed positively to equity growth.
- Dividend payments of 283,007,000 reduced retained earnings.
- Share repurchases of 540,700,000 reduced equity.
- Other comprehensive income increased equity by 152,822,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.09 Billion | +14.77% |
| Dividends Paid | $283.01 Million | -3.82% |
| Share Repurchases | $540.70 Million | -7.3% |
| Other Comprehensive Income | $152.82 Million | +2.06% |
| Other Changes | $28.14 Million | +0.38% |
| Total Change | $- | 6.49% |
Book Value vs Market Value Analysis
This analysis compares Dover Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.99x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 94.96x to 3.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $2.25 | $213.82 | x |
| 1986-12-31 | $2.32 | $213.82 | x |
| 1987-12-31 | $2.53 | $213.82 | x |
| 1988-12-31 | $2.80 | $213.82 | x |
| 1989-12-31 | $2.96 | $213.82 | x |
| 1990-12-31 | $3.24 | $213.82 | x |
| 1991-12-31 | $3.49 | $213.82 | x |
| 1992-12-31 | $3.48 | $213.82 | x |
| 1993-12-31 | $3.79 | $213.82 | x |
| 1994-12-31 | $4.35 | $213.82 | x |
| 1995-12-31 | $5.40 | $213.82 | x |
| 1996-12-31 | $6.45 | $213.82 | x |
| 1997-12-31 | $7.52 | $213.82 | x |
| 1998-12-31 | $8.52 | $213.82 | x |
| 1999-12-31 | $9.68 | $213.82 | x |
| 2000-12-31 | $11.93 | $213.82 | x |
| 2001-12-31 | $12.37 | $213.82 | x |
| 2002-12-31 | $11.78 | $213.82 | x |
| 2003-12-31 | $13.47 | $213.82 | x |
| 2004-12-31 | $15.23 | $213.82 | x |
| 2005-12-31 | $16.31 | $213.82 | x |
| 2006-12-31 | $18.55 | $213.82 | x |
| 2007-12-31 | $19.45 | $213.82 | x |
| 2008-12-31 | $20.04 | $213.82 | x |
| 2009-12-31 | $21.87 | $213.82 | x |
| 2010-12-31 | $23.93 | $213.82 | x |
| 2011-12-31 | $26.10 | $213.82 | x |
| 2012-12-31 | $26.74 | $213.82 | x |
| 2013-12-31 | $30.99 | $213.82 | x |
| 2014-12-31 | $21.92 | $213.82 | x |
| 2015-12-31 | $22.90 | $213.82 | x |
| 2016-12-31 | $24.26 | $213.82 | x |
| 2017-12-31 | $27.79 | $213.82 | x |
| 2018-12-31 | $18.20 | $213.82 | x |
| 2019-12-31 | $20.63 | $213.82 | x |
| 2020-12-31 | $23.29 | $213.82 | x |
| 2021-12-31 | $28.84 | $213.82 | x |
| 2022-12-31 | $29.85 | $213.82 | x |
| 2023-12-31 | $36.32 | $213.82 | x |
| 2024-12-31 | $50.14 | $213.82 | x |
| 2025-12-31 | $53.65 | $213.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dover Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.77%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.52%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.81x
- Recent ROE (14.77%) is below the historical average (18.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 15.99% | 6.95% | 1.42x | 1.63x | $37.45 Million |
| 1986 | 13.35% | 5.82% | 1.40x | 1.64x | $21.03 Million |
| 1987 | 16.62% | 7.05% | 1.38x | 1.71x | $44.51 Million |
| 1988 | 19.67% | 7.46% | 1.43x | 1.84x | $71.69 Million |
| 1989 | 19.28% | 6.79% | 1.51x | 1.88x | $69.32 Million |
| 1990 | 19.77% | 7.04% | 1.51x | 1.86x | $76.93 Million |
| 1991 | 15.48% | 5.84% | 1.62x | 1.64x | $45.36 Million |
| 1992 | 16.11% | 5.71% | 1.59x | 1.77x | $49.21 Million |
| 1993 | 18.20% | 6.37% | 1.40x | 2.04x | $71.30 Million |
| 1994 | 20.32% | 6.56% | 1.49x | 2.08x | $102.81 Million |
| 1995 | 22.67% | 7.43% | 1.40x | 2.17x | $155.53 Million |
| 1996 | 26.19% | 12.13% | 1.07x | 2.01x | $241.23 Million |
| 1997 | 23.80% | 8.91% | 1.39x | 1.92x | $235.04 Million |
| 1998 | 19.82% | 9.52% | 1.10x | 1.90x | $187.71 Million |
| 1999 | 44.61% | 21.51% | 1.02x | 2.03x | $705.62 Million |
| 2000 | 21.28% | 10.26% | 1.04x | 2.00x | $275.45 Million |
| 2001 | 9.87% | 5.88% | 0.92x | 1.83x | $-3.39 Million |
| 2002 | -5.06% | -2.99% | 0.91x | 1.85x | $-360.72 Million |
| 2003 | 10.68% | 6.64% | 0.86x | 1.87x | $18.66 Million |
| 2004 | 13.23% | 9.21% | 0.77x | 1.86x | $100.89 Million |
| 2005 | 15.32% | 9.93% | 0.78x | 1.97x | $177.19 Million |
| 2006 | 14.74% | 8.88% | 0.83x | 2.00x | $180.68 Million |
| 2007 | 16.75% | 9.15% | 0.90x | 2.04x | $266.46 Million |
| 2008 | 15.58% | 7.81% | 0.96x | 2.07x | $211.54 Million |
| 2009 | 8.73% | 6.17% | 0.73x | 1.93x | $-51.92 Million |
| 2010 | 15.47% | 11.46% | 0.71x | 1.89x | $247.45 Million |
| 2011 | 18.16% | 12.15% | 0.78x | 1.93x | $402.19 Million |
| 2012 | 16.49% | 12.24% | 0.63x | 2.12x | $319.15 Million |
| 2013 | 18.65% | 14.02% | 0.66x | 2.02x | $465.39 Million |
| 2014 | 20.95% | 10.00% | 0.85x | 2.46x | $405.16 Million |
| 2015 | 23.87% | 12.50% | 0.81x | 2.36x | $505.37 Million |
| 2016 | 13.39% | 8.42% | 0.60x | 2.66x | $128.92 Million |
| 2017 | 18.52% | 11.90% | 0.64x | 2.43x | $373.35 Million |
| 2018 | 20.60% | 8.16% | 0.84x | 3.02x | $293.40 Million |
| 2019 | 22.35% | 9.50% | 0.82x | 2.86x | $374.65 Million |
| 2020 | 20.19% | 10.23% | 0.73x | 2.70x | $344.87 Million |
| 2021 | 26.82% | 14.21% | 0.76x | 2.48x | $704.87 Million |
| 2022 | 24.85% | 13.58% | 0.72x | 2.54x | $636.74 Million |
| 2023 | 20.70% | 12.52% | 0.74x | 2.22x | $546.17 Million |
| 2024 | 38.79% | 34.82% | 0.62x | 1.80x | $2.00 Billion |
| 2025 | 14.77% | 13.52% | 0.60x | 1.81x | $353.44 Million |
Industry Comparison
This section compares Dover Corporation's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $49,834,203,139
- Average return on equity (ROE) among peers: -24.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dover Corporation (DOV) | $7.41 Billion | 15.99% | 0.81x | $27.95 Billion |
| American Commerce Solutions Inc (AACS) | $554.04K | -209.75% | 2.35x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-3.05 Million | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $302.90 Million | 33.41% | 2.98x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $130.00 Million | -40.77% | 16.65x | $91.17 Million |
| Alphaform AG (AFRMF) | $9.59 Million | -32.38% | 1.09x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-8.71 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $10.49 Billion | 35.97% | 1.77x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $484.04 Billion | 5.74% | 0.27x | $3.72 Billion |
| Ametek Inc (AME) | $3.25 Billion | 18.15% | 1.05x | $49.22 Billion |
| American Superconductor Corporation (AMSC) | $125.12 Million | -52.85% | 0.73x | $1.42 Billion |