Dover price to free cash flow DOV
Market value divided by free cash flow over the last twelve months, since 2010.
- Today, Oct 23, 2026
- 22.8×
- 10-year median
- 22.3×
- Against its 10-year history
- 54th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 11.2× to 38.8×
- Peer median
- 26.4×
Dover's price to free cash flow is 22.8× as of Oct 23, 2026.
That is above its ten-year median of 22.3×, close to the middle of its last ten years.
Over that time it ranged from 11.2× in Nov 2016 to 38.8× in Feb 2023.
The median for 10 industrial machinery stocks of a similar size is 26.4×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 22.8× | 21.5× | 31.3× |
| 2025 | 27.0× | 22.9× | 29.9× |
| 2024 | 26.1× | 19.7× | 28.5× |
| 2023 | 22.1× | 18.5× | 38.8× |
| 2022 | 32.9× | 21.9× | 34.8× |
| 2021 | 25.1× | 18.7× | 25.1× |
| 2020 | 20.8× | 12.6× | 22.7× |
| 2019 | 21.5× | 18.8× | 24.0× |
| 2018 | 18.3× | 18.1× | 23.6× |
| 2017 | 21.5× | 13.3× | 21.5× |
| 2016 | 12.9× | 7.5× | 13.2× |
| 2015 | 8.7× | 8.1× | 12.5× |
| 2014 | 12.4× | 9.4× | 14.6× |
| 2013 | 10.6× | 8.6× | 11.2× |
| 2012 | 10.2× | 7.8× | 10.3× |
| 2011 | 8.0× | 6.9× | 13.6× |
| 2010 | 12.2× | 8.0× | 12.2× |
Against its peers
Companies in Industrial - Machinery nearest Dover's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| DOVDover | 22.8× |
| XYLXylem | 26.4× |
| IRIngersoll Rand | 23.4× |
| OTISOtis Worldwide | 16.7× |
| SYMSymbotic | 32.2× |
| NDSNNordson | 24.5× |
| ITTITT | 33.4× |
| IEXIDEX | 26.3× |
| CARRCarrier Global | 24.0× |
| ROKRockwell Automation | 31.5× |
| RBCRBC Bearings INC | 38.8× |
| Peer median | 26.4× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Dover
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.