Dover Corp at JPMorgan Industrials Conference Transcript

Mar 16, 2022 / 12:00PM GMT
Charles Stephen Tusa - JPMorgan Chase & Co, Research Division - MD

All right. We're kicking off day 2 here with Dover and CEO, Rich Tobin. Rich, thanks for joining us.

Richard Joseph Tobin - Dover Corporation - President, CEO & Director

Thanks, Steve.

Charles Stephen Tusa - JPMorgan Chase & Co, Research Division - MD

You have a couple of prepared remarks here and then we'll go to Q&A.

Richard Joseph Tobin - Dover Corporation - President, CEO & Director

I do. I'm going to filibuster for 39 minutes and 38 seconds, just joking with you. Anyway, so let's get beyond the -- I'm on Slide 3. This is basically the scorecard that we use in terms of the performance of Dover. And as you can see, despite having the decline in revenue in 2020, we actually have an organic revenue CAGR through cycle of 4% to 5%. So I think a lot of you've heard me say this before, Dover is looked at as a margin accretion story that you can see in the bottom left of the slide. But I think

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