About Dover
Dover is a diversified global manufacturer and solutions provider with annual revenue of over $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of over 25,000 employees takes an ownership mindset, collaborating with customers to redefine what’s possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under “DOV.” Additional information is available at dovercorporation.com.
Financial Highlights
$8.5
Billion 2022 Revenue +5% Annualized Organic Growth
5 Years Ended 12/31/22(1)
Billion 2022 Revenue +5% Annualized Organic Growth
5 Years Ended 12/31/22(1)
$8.45 Adjusted
2022 EPS(1) +15% Annualized Growth
5 Years
Ended 12/31/22(1)
2022 EPS(1) +15% Annualized Growth
5 Years
Ended 12/31/22(1)
$585
Million 2022 Free Cash Flow(1) +11% Average FCF % of Revenue
3 Years Ended 12/31/22(1)
Million 2022 Free Cash Flow(1) +11% Average FCF % of Revenue
3 Years Ended 12/31/22(1)
$2.01 Dividend Per
Share in 2022 67 Consecutive
Years Of
Dividend Growth
Share in 2022 67 Consecutive
Years Of
Dividend Growth
(1) Reconciliations and definitions of non-GAAP measures are available on the Investor Relations section of our website under Annual Reports.
Engineered Products
Delivering industry-leading equipment, components and software serving the vehicle aftermarket, waste handling, industrial automation and aerospace & defense end markets. Click to Read More
The new RevAMP electric automated sideload body, by Heil Environmental, part of Environmental Solutions Group (ESG), is an innovative, lightweight electric refuse collection vehicle that helps reduce emissions while simultaneously improving performance and lowering the cost of refuse collection operations. Click here to see how ESG equipment enables the circular economy and the switch to cleaner fuels.
The AllonWall series, a new wheel aligner concept under the Rotary and Ravaglioli brands, allows wheel alignment operations to be placed on a convenient wall-mounted panel and in the palm of a hand by using mobile tablets.
Microwave Products Group (MPG), comprised of six elite brands: MPG Solutions, BSC Filters™, Dow-Key Microwave®, Espy™, K&L Microwave® and Pole/Zero®, is a leading global provider of mission-critical, engineered electronic components and subsystems with seven world-class business development and manufacturing locations. Our expertise is the design and manufacture of communications-based specialty products for demanding defense, space, aerospace, automated test equipment and GPS applications where function and reliability are crucial.
TWG serves the infrastructure, energy, recovery, natural resource and marine markets, providing a range of essential parts and products across seven model lines: DP Winch, Gear Products, Greer, Pullmaster, LANTEC, Tulsa Winch and RUFNEK.
With the growing use of collaborative and small payload robots in the industry, Destaco has developed a complete family of products that are ideal for robot work cells and applications where reliability and flexibility are desired. Destaco’s Small Payload Robot Solutions (SPR10) offers simple, yet easily-configurable products for material handling and machine tending. Destaco’s TC1 Series Manual Tool Changers allows for quickly switching between the different SPR10 products with its quick-release mechanism.
The new TS8200D Micro-Meter Mix by Techcon, an OK International company, delivers unparalleled accuracy when measuring, mixing and dispensing two-component (2K) materials, thanks to dual progressive cavity (PC) pumps, ensuring manufacturers precise mix ratios between 1:1 and 10:1 with no risk of cross-contamination.
CDS Mentor by CDS Visual is a highly effective, cloud-based and self-serve 3D work instruction solution for frontline workers using PCs and mobile devices with Mixed Reality.
Engineered Products Operating Companies
Transforming the customer journey with 3D visualization solutions, supporting 3D commerce, product design and employee training
Manufacturing work-holding and flexible-automation components, including clamps, grippers, indexers, slides, conveyers, robotic tooling and remote handling products
Innovating to produce solutions that process, transport and transform the solid waste stream into sustainable resources that benefit customers and communities
Providing mission-critical radio frequency and microwave filters, switches and subsystems for the defense, aerospace, telecommunications and space markets
Delivering market-leading quality and innovation for benchtop soldering and dispensing solutions in electronics and industrial product assembly
Engineering a wide range of industry-specific winches, hoists, slewing ring bearings, swing drives, electronic monitoring and object detection systems and more for key industrial markets
Developing the best in vehicle lifting, wheel service, ADAS calibration, diagnostic and collision repair equipment along with the world’s highest quality powertrain disconnect products
Clean Energy & Fueling
Providing a comprehensive portfolio of safety and efficiency solutions for the convenience retail, fueling and clean energy, cryogenic gas and vehicle wash markets. Click to Read More
The Dover Fueling Solutions Anthem™ UX user experience platform on the Wayne Ovation® fuel dispenser is an immersive digital experience during the refueling process. Available from Dover Fueling Solutions (DFS) in the North American market, the Anthem UX platform is the first solution to give customers the ability to fine-tune their experience, driving customized, targeted promotional strategies right at the dispenser. Click here to see how DFS is focused on safety and the future of fueling.
LIQAL’s LNG dispensers are designed for reliable performance against a low total cost of ownership in demanding daily use and high throughput applications. LIQAL provides advanced technology and real-time data insights to combine a cleaner future with the best fueling experience.
With OPW’s CivaCommand and CivaConnect, tank truck fleet owners and dispatchers can digitally monitor and prevent overfills, as well as get real-time visibility and reporting for an entire fleet all on one dashboard.
OPW Clean Energy Solutions provides mission-critical components that make possible the production, storage and distribution of cryogenic gases. Every product is thoroughly tested to ensure safety, reliability and durability. Click here to see how OPW Clean Energy Solutions leads fueling into a sustainable future.
OPW Clean Energy Solutions helps customers meet their sustainability goals with products that facilitate the storage and distribution of alternative fuels such as bio/renewable LPG, LNG and hydrogen, in addition to traditional LPG and LNG fuels that can help us reduce emissions.
OPW Vehicle Wash Solutions designs and manufactures in-bay and tunnel washes, as well as payment terminals, process controls and software management solutions to help drive revenues for car wash operators, while keeping vehicles looking their best.
Clean Energy & Fueling Operating Companies
Advancing fueling and convenience retail operations worldwide through innovative dispensing technologies, point-of-sale (POS) systems, automatic tank gauging and wetstock management solutions
Defining what’s next in fluid handling and car wash innovations with technologies that protect people and the environment, while improving business performance for customers worldwide
Imaging & Identification
Leading the design and manufacture of equipment, consumables and software, in addition to providing support services for the marking & coding, product traceability and authentication and digital textile printing markets. Click to Read More
Markem-Imaje delivers innovative product identification, packaging intelligence and connected product solutions and services, empowering leading brands and consumers with the right information across the supply chain. Designed for high-speed beverage can lines and other high throughput applications, the Markem-Imaje SmartLase F500 reliably produces crisp, permanent codes with lower operating expenses. Click here to see how Markem-Imaje’s intelligent coding solutions enable sustainability and the circular economy.
The JP4evo by MS Printing Solutions, in combination with JK Group’s DIGISTAR K-ONE dye-sub inks, leads the world of textile printing by using innovative digital technology to offer flexibility and versatility while quickly delivering high-quality prints.
Imaging & Identification Operating Companies
Building connected and safe supply chains through innovative marking and coding solutions seamlessly integrated with product identification and traceability software and services
Developing effective printing solutions through innovative software, inks and consumables, along with printing systems for the digital textile, soft signage and specialty materials markets
Pumps & Process Solutions
Supplying performance-critical components and solutions for the safe handling of fluids across the chemical, bioproduction, hygienic, energy and diversified industrial markets. Click to Read More
AseptiQuik single-use connectors by CPC (Colder Products Company) provide quick and easy sterile connections even in non-sterile environments, a critical capability for biopharmaceutical and bioprocessing manufacturers.
PSG manufactures innovative pumps, flow meters, flow controls, compressors and dispensing equipment used in critical fluid transfer applications found in multiple markets around the world, including the biopharma industry. PSG’s Quattroflow quaternary diaphragm pumps are used in various biologic-manufacturing applications such as this high-performance radial flow chromatography system.
For over 45 years, the MAAG Group has been a leading manufacturer of precision die plates for underwater pelletizers. Our die plates are customized to meet the unique needs of each plastic processing application, and are engineered using advanced manufacturing technologies to deliver exceptional performance.
Waukesha Bearings, part of Dover Precision Components (DPC), is a leading designer and manufacturer of hydrodynamic fluid film bearings, active magnetic bearing systems and seals for high-performing turbomachinery and rotating equipment in oil & gas, power generation, marine and industrial markets. Click here to see how DPC technology reduces methane leakage for oil and gas operators.
Pumps & Process Solutions Operating Companies
Providing connectors, quick disconnect couplings and fittings for life sciences, thermal management and industrial applications
Delivering performance-critical solutions for rotating and reciprocating machinery across the oil & gas, power generation, marine, industrial, chemical and general processing markets
Developing and manufacturing integrated and customizable systems in process technology for the polymer, chemical and petrochemical industries
Developing innovative pumping, metering, dispensing and flow measurement and control solutions that enable the safe and efficient transfer of critical and valuable fluids and materials that require optimal performance and peace-of-mind reliability in applications where it matters most
Climate & Sustainability Technologies
Developing and supplying innovative and energy-efficient equipment and systems serving the commercial refrigeration, heating & cooling and beverage packaging equipment markets. Click to Read More
Hillphoenix, part of Dover Food Retail, offers full store solutions from retail display cases and merchandisers, to CO2 and alternative refrigeration systems to design center services. Click here to see how Hillphoenix provides natural refrigeration solutions to its customers.
Advansor, part of Dover’s Climate & Sustainability Technologies segment, designs and produces sustainable CO2 climate solutions for commercial and industrial customers around the world. Click here to see how Advansor makes fossil-fuel free sustainable CO2 climate solutions combining cooling, freezing, air-conditioning and heating.
Belvac supplies the global marketplace with the machinery and technology to produce environmentally responsible aluminum cans and bottles. For over 60 years, Belvac machinery has been utilized to produce aluminum beverage containers consumed around the world. Click here to see how Belvac enables sustainability and circularity in the aluminum beverage value chain.
SWEP is a leader in developing innovative solutions for heat transfer, paving the way to efficient and sustainable energy use. In addition to supporting the worldwide trend toward electrification, SWEP is also enabling the transition to renewable energy sources. Click here to see how SWEP is working toward carbon neutral efficient heating and cooling solutions.
Climate & Sustainability Technologies Operating Companies
Developing innovative and sustainable solutions for aluminum container manufacturers around the world
Manufacturing commercial and industrial refrigeration systems, refrigerated display cases and specialty products along with glass and freezer doors and lighting systems
Designing and manufacturing brazed plate heat exchangers for HVAC, refrigeration and other industrial markets