Dover Corporation (DOV)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,697,123 | 1,557,405 | 1,500,058 | 1,460,475 | 1,056,828 | 1,024,145 | 1,020,418 | 1,067,797 | 1,065,376 | 1,164,582 | 1,142,312 | 1,117,202 | 1,123,818 | 943,139 | 879,683 | 739,941 | 683,451 | 669,467 | 675,173 | 748,492 |
| Total stockholders’ equity | US$ in thousands | 6,954,000 | 5,698,000 | 5,363,620 | 5,152,850 | 5,106,600 | 4,832,500 | 4,662,100 | 4,460,560 | 4,286,370 | 3,991,430 | 4,388,520 | 4,329,780 | 4,189,530 | 3,891,820 | 3,719,300 | 3,499,140 | 3,385,770 | 3,246,420 | 3,089,530 | 2,980,680 |
| ROE | 38.79% | 27.33% | 27.97% | 28.34% | 20.70% | 21.19% | 21.89% | 23.94% | 24.85% | 29.18% | 26.03% | 25.80% | 26.82% | 24.23% | 23.65% | 21.15% | 20.19% | 20.62% | 21.85% | 25.11% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,697,123K ÷ $6,954,000K
= 38.79%
Dover Corporation's Return on Equity (ROE) has shown fluctuation over the past few years, ranging from a low of 20.19% in December 2020 to a high of 38.79% in December 2024. The ROE trend has generally been positive, with occasional dips followed by increases. Despite some variability, the ROE has mostly remained above 20%, indicating that the company has been generating a favorable return for shareholders in relation to their equity investment. The significant increase in ROE to 38.79% in December 2024 suggests that the company may have experienced a particularly profitable period at that time. Overall, the ROE performance of Dover Corporation demonstrates a capacity to effectively utilize shareholder equity to generate profits.
Peer comparison
Dec 31, 2024