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Dover Valuation Multiples
Discover revenue and EBITDA valuation multiples for Dover and similar public comparables like IHI, SMC, Sanhua Group, Bridgestone and more.
Dover Overview
About Dover
Founded in 1955 by George Ohrstrom, Dover has become an industrial behemoth through the acquisition of dozens of esteemed brands. The company is organized into five segments through which it designs and manufactures highly engineered components, such as vehicle repair, factory automation, welding, aerospace, fuel dispensing, printing, liquid handling, refrigeration, and can-making equipment. It has operations around the globe but generates over half of its revenue in the United States.
Founded
1947
HQ
Employees
24.0K
Website
Sectors
Financials (LTM)
EV
$32B
Dover Financials
Dover reported last 12-month revenue of $8B and EBITDA of $2B.
In the same LTM period, Dover generated $3B in gross profit, $2B in EBITDA, and $1B in net income.
Revenue (LTM)
Dover P&L
In the most recent fiscal year, Dover reported revenue of $8B and EBITDA of $2B.
Dover expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $8B | XXX | $8B | XXX | XXX | XXX |
| Gross Profit | $3B | XXX | $3B | XXX | XXX | XXX |
| Gross Margin | 40% | XXX | 40% | XXX | XXX | XXX |
| EBITDA | $2B | XXX | $2B | XXX | XXX | XXX |
| EBITDA Margin | 23% | XXX | 23% | XXX | XXX | XXX |
| EBIT Margin | 21% | XXX | 21% | XXX | XXX | XXX |
| Net Profit | $1B | XXX | $1B | XXX | XXX | XXX |
| Net Margin | 17% | XXX | 16% | XXX | XXX | XXX |
| Net Debt | — | — | $2B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Dover Stock Performance
Dover has current market cap of $31B, and enterprise value of $32B.
Market Cap Evolution
Dover's stock price is $226.40.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $32B | $31B | 0.0% | XXX | XXX | XXX | $9.82 |
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Start Free TrialDover Valuation Multiples
Dover trades at 4.0x EV/Revenue multiple, and 17.3x EV/EBITDA.
EV / Revenue (LTM)
Dover Financial Valuation Multiples
As of March 19, 2026, Dover has market cap of $31B and EV of $32B.
Equity research analysts estimate Dover's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Dover has a P/E ratio of 22.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $31B | XXX | $31B | XXX | XXX | XXX |
| EV (current) | $32B | XXX | $32B | XXX | XXX | XXX |
| EV/Revenue | 4.0x | XXX | 4.0x | XXX | XXX | XXX |
| EV/EBITDA | 17.3x | XXX | 17.4x | XXX | XXX | XXX |
| EV/EBIT | 18.7x | XXX | 19.1x | XXX | XXX | XXX |
| EV/Gross Profit | 9.9x | XXX | 10.1x | XXX | XXX | XXX |
| P/E | 22.6x | XXX | 23.1x | XXX | XXX | XXX |
| EV/FCF | 27.7x | XXX | 29.0x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Dover Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Dover Margins & Growth Rates
Dover's revenue in the last 12 month grew by 6%.
Dover's revenue per employee in the last FY averaged $0.3M.
Dover's rule of 40 is 29% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Dover's rule of X is 37% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Dover Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 6% | XXX | 6% | XXX | XXX | XXX |
| EBITDA Margin | 23% | XXX | 23% | XXX | XXX | XXX |
| EBITDA Growth | 9% | XXX | 8% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 29% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 37% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 23% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Dover Public Comps
See public comps and valuation multiples for other Industrial Parts comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| IHI | XXX | XXX | XXX | XXX | XXX | XXX |
| SMC | XXX | XXX | XXX | XXX | XXX | XXX |
| Sanhua Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Bridgestone | XXX | XXX | XXX | XXX | XXX | XXX |
| Hubbell | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Dover M&A Activity
Dover acquired XXX companies to date.
Last acquisition by Dover was on XXXXXXXX, XXXXX. Dover acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Dover
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialDover Investment Activity
Dover invested in XXX companies to date.
Dover made its latest investment on XXXXXXXX, XXXXX. Dover invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Dover
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Dover
| When was Dover founded? | Dover was founded in 1947. |
| Where is Dover headquartered? | Dover is headquartered in United States. |
| How many employees does Dover have? | As of today, Dover has over 24K employees. |
| Who is the CEO of Dover? | Dover's CEO is Richard J. Tobin. |
| Is Dover publicly listed? | Yes, Dover is a public company listed on NYSE. |
| What is the stock symbol of Dover? | Dover trades under DOV ticker. |
| When did Dover go public? | Dover went public in 1956. |
| Who are competitors of Dover? | Dover main competitors are IHI, SMC, Sanhua Group, Bridgestone. |
| What is the current market cap of Dover? | Dover's current market cap is $31B. |
| What is the current revenue of Dover? | Dover's last 12 months revenue is $8B. |
| What is the current revenue growth of Dover? | Dover revenue growth (NTM/LTM) is 6%. |
| What is the current EV/Revenue multiple of Dover? | Current revenue multiple of Dover is 4.0x. |
| Is Dover profitable? | Yes, Dover is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Dover? | Dover's last 12 months EBITDA is $2B. |
| What is Dover's EBITDA margin? | Dover's last 12 months EBITDA margin is 23%. |
| What is the current EV/EBITDA multiple of Dover? | Current EBITDA multiple of Dover is 17.3x. |
| What is the current FCF of Dover? | Dover's last 12 months FCF is $1B. |
| What is Dover's FCF margin? | Dover's last 12 months FCF margin is 14%. |
| What is the current EV/FCF multiple of Dover? | Current FCF multiple of Dover is 27.7x. |
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