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DoverDOV -1.65%92 Equity-to-Asset is 0.56 as of Jun. 2026, which is 40% above its 10-year median of 0.40. GuruFocus rates DOV with a GF Score™ of 92/100 and a GF Value™ of $204.31 (Fairly Valued). The stock has 1 warning sign investors should review. Among 3,078 Industrial Products companies, Dover ranks worse than 50.1% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dover's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $7,704 Mil. Dover's Total Assets for the quarter that ended in Jun. 2026 was $13,694 Mil.
Therefore, Dover's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.56.
The historical rank and industry rank for Dover's Equity-to-Asset or its related term are showing as below:
DOV'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33 Med: 0.4 Max: 0.57
Current: 0.56
During the past 13 years, the highest Equity to Asset Ratio of Dover was 0.57. The lowest was 0.33. And the median was 0.40.
DOV's Equity-to-Asset is ranked worse than 50.1% of 3078
companies
in the Industrial Products industry
Industry Median: 0.57
vs DOV: 0.56
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Dover Equity-to-Asset Related Terms
Dover Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Dover's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Industrial Machinery subindustry, Dover's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Dover Equity-to-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Dover's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Dover's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Dover's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Dover (DOV) has a Equity-to-Asset of 0.56 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Dover and its competitors. This is 40% above median its historical median of 0.40. Over the past decade, Dover's Equity-to-Asset has ranged from 0.33 to 0.57. According to the industry distribution chart, Dover ranks #1542 out of 3078 companies in the Industrial Products industry, placing it in the top 50.1%.
Is Dover's Equity-to-Asset too high?
Dover's current Equity-to-Asset of 0.56 is 40% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 0.57. The Industrial Products industry median Equity-to-Asset is 0.57. Dover's value of 0.56 is 1.8% below this industry median. Based on the distribution chart, Dover ranks #1542 out of 3078 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Dover has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dover's Equity-to-Asset compare to OTIS and XYL?
According to the Industrial Products industry distribution chart, Dover ranks #1542 out of 3078 companies for Equity-to-Asset. This places Dover in the lower half of its industry. The industry median Equity-to-Asset is 0.57. Dover's value of 0.56 is 1.8% below this benchmark. Historically, Dover's own Equity-to-Asset has ranged from 0.33 to 0.57 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.57, Dover has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.57, based on 3,078 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dover's current Equity-to-Asset of 0.56 is 1.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Dover and its competitors. For the Industrial Products industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dover's current Equity-to-Asset is 0.56, which is 40% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dover stock overvalued right now?
Based on GuruFocus' analysis, Dover (DOV) is currently considered Fairly Valued. The stock's GF Value™ is $204.31, compared to a current price of $203.06 — trading 0.6% below its estimated fair value. The current Equity-to-Asset is 0.56, which is 40% above median its 10-year median of 0.40 and 1.8% below the Industrial Products industry median of 0.57. Dover's overall GF Score™ is 92/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Dover (DOV), the current Equity-to-Asset is 0.56 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dover (DOV) Overvalued in 2026?
Based on GuruFocus' analysis, Dover stock appears to be undervalued.
The current stock price of $203.06 is trading 0.6% below its estimated GF Value™ of $204.31.
GuruFocus considers Dover to be Fairly Valued.
Key valuation signals for DOV:
Equity-to-Asset: 0.56 (40% above median its 10-year median of 0.40)
GF Value™: $204.31 vs. price of $203.06 (0.6% below fair value)
Industry Position: 1.8% below the Industrial Products median (#1542 of 3078)
No single metric tells the full story. See the DOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1955 by George Ohrstrom, Dover has become an industrial behemoth through the acquisition of dozens of esteemed brands. The company is organized into five segments through which it designs and manufactures highly engineered components, such as vehicle repair, factory automation, welding, aerospace, fuel dispensing, printing, liquid handling, refrigeration, and can-making equipment. It has operations around the globe but generates over half of its revenue in the United States.
92GF Score
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