Dover Corporation (DOV) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
3005 HIGHLAND PARKWAY DOWNERS GROVE, IL 60515 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 353 - Construction, Mining, And Materials Handling (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Receivables | 1,549 | 1,561 | 1,461 | 1,517 | 1,497 | 1,514 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,280 | 1,396 | 1,405 | 1,367 | 1,408 | 1,382 | |||
| Inventory | 1,280 | 1,396 | 1,405 | 1,367 | 1,408 | 1,382 | |||
| Disposal group, including discontinued operation | 191 | ||||||||
| Other undisclosed current assets | 438 | 457 | 449 | 540 | 472 | 695 | |||
| Total current assets: | 3,457 | 3,415 | 3,316 | 3,423 | 3,377 | 3,591 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 992 | 1,016 | 1,012 | 959 | 964 | ||||
| Intangible assets, net (including goodwill) | 5,843 | 5,973 | 5,982 | 6,003 | 5,845 | 5,776 | |||
| Goodwill | 4,607 | 4,699 | 4,681 | 4,669 | 4,532 | 4,481 | |||
| Intangible assets, net (excluding goodwill) | 1,236 | 1,274 | 1,302 | 1,334 | 1,313 | 1,295 | |||
| Other noncurrent assets | 480 | 498 | 495 | 465 | 471 | 477 | |||
| Other undisclosed noncurrent assets | 1,005 | ||||||||
| Total noncurrent assets: | 7,315 | 7,487 | 7,489 | 7,473 | 7,275 | 7,216 | |||
| TOTAL ASSETS: | 10,772 | 10,902 | 10,805 | 10,897 | 10,652 | 10,807 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,332 | 1,397 | 1,388 | 1,462 | 1,816 | 1,862 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | ✕ | 52 | 53 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | 232 | 224 | ||
| Accounts payable | 971 | 1,029 | 1,039 | 1,068 | 1,143 | 1,201 | |||
| Accrued liabilities | 362 | 369 | 349 | 394 | 389 | 384 | |||
| Deferred revenue | 256 | 261 | 285 | 257 | 246 | 254 | |||
| Debt | 207 | 446 | 515 | 736 | 789 | 394 | |||
| Disposal group, including discontinued operation | 67 | ||||||||
| Other liabilities | 325 | 319 | 320 | 318 | 321 | 316 | |||
| Other undisclosed current liabilities | (284) | (278) | |||||||
| Total current liabilities: | 2,188 | 2,424 | 2,508 | 2,773 | 2,889 | 2,548 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,945 | 2,977 | 2,961 | 2,943 | 2,843 | 2,936 | |||
| Long-term debt, excluding current maturities | 2,945 | 2,977 | 2,961 | 2,943 | 2,843 | 2,936 | |||
| Liabilities, other than long-term debt | 807 | 839 | 874 | 894 | 929 | 935 | |||
| Accounts payable and accrued liabilities | 28 | 28 | 44 | 44 | 44 | 44 | |||
| Deferred income tax liabilities | 342 | 341 | 359 | 375 | 389 | 366 | |||
| Other liabilities | 437 | 470 | 471 | 475 | 496 | 524 | |||
| Total noncurrent liabilities: | 3,752 | 3,815 | 3,836 | 3,837 | 3,772 | 3,871 | |||
| Total liabilities: | 5,940 | 6,239 | 6,344 | 6,610 | 6,661 | 6,419 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 4,833 | 4,662 | 4,461 | 4,286 | 3,991 | 4,389 | |||
| Common stock | 260 | ||||||||
| Treasury stock, value | (6,798) | ||||||||
| Additional paid in capital | 868 | ||||||||
| Accumulated other comprehensive loss | (266) | ||||||||
| Retained earnings | 10,223 | ||||||||
| Other undisclosed equity, attributable to parent | 4,833 | 4,662 | 4,461 | 3,991 | 4,389 | ||||
| Total equity: | 4,833 | 4,662 | 4,461 | 4,286 | 3,991 | 4,389 | |||
| TOTAL LIABILITIES AND EQUITY: | 10,772 | 10,902 | 10,805 | 10,897 | 10,652 | 10,807 | |||
Income Statement (P&L) ($ in millions)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,153 | 2,100 | 2,079 | 2,139 | 2,158 | 2,159 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (1,360) | (1,341) | (1,332) | (1,373) | (1,386) | (1,377) | ||
| Gross profit: | 793 | 759 | 747 | 766 | 773 | 781 | ||
| Operating expenses | (420) | (434) | (432) | (414) | (402) | (424) | ||
| Operating income: | 373 | 324 | 315 | 353 | 370 | 357 | ||
| Nonoperating income (Other Nonoperating income) | 10 | 7 | 4 | 2 | 11 | 5 | ||
| Interest and debt expense | (32) | (34) | (34) | (33) | (30) | (27) | ||
| Income from continuing operations before equity method investments, income taxes: | 351 | 297 | 284 | 322 | 352 | 334 | ||
| Other undisclosed income from continuing operations before income taxes | 4 | 3 | 2 | 1 | 1 | 1 | ||
| Income from continuing operations before income taxes: | 354 | 300 | 286 | 323 | 353 | 335 | ||
| Income tax expense | (65) | (58) | (58) | (60) | (67) | (46) | ||
| Income from continuing operations: | 290 | 242 | 229 | 264 | 286 | 290 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | 286 | 290 | |
| Net income available to common stockholders, diluted: | 290 | 242 | 229 | 264 | 286 | 290 | ||
Comprehensive Income ($ in millions)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 290 | 242 | 229 | 264 | 286 | 290 | ||
| Other undisclosed comprehensive loss | (2) | |||||||
| Comprehensive income: | 290 | 242 | 229 | 261 | 286 | 290 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (53) | 22 | 17 | 101 | (117) | (79) | ||
| Comprehensive income, net of tax, attributable to parent: | 236 | 264 | 246 | 362 | 169 | 210 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.