Dover ( (DOV) ) just unveiled an update.
Dover reported its financial results for the fourth quarter and full year ending December 31, 2024. The company saw a modest revenue increase of 1% for both the quarter and the year, generating $1.9 billion and $7.7 billion respectively. Despite a slight decline in GAAP earnings from continuing operations for the quarter, annual earnings showed significant growth, with a 48% increase. The company remains optimistic about 2025, expecting continued margin improvements and robust demand across its markets, supported by strategic acquisitions and a strong cash position.
More about Dover
Dover is a diversified global manufacturer and solutions provider with annual revenue exceeding $7 billion. The company operates through five segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies. Dover is known for its innovative equipment, components, consumable supplies, and digital solutions, serving markets worldwide with a workforce of approximately 24,000 employees. Headquartered in Downers Grove, Illinois, Dover is publicly traded on the New York Stock Exchange under the ticker ‘DOV.’
YTD Price Performance: 6.31%
Average Trading Volume: 718,022
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $27.17B
See more data about DOV stock on TipRanks’ Stock Analysis page.