Buyback yield (TTM)
2.26%
Shareholder yield (TTM)
3.26%
5Y share count change
-5.1%
Buyback spend (TTM)
$635.34M
Cumulative buybacks
$7.58B
Key takeaways
- Dover (DOV) repurchased about $635.34M of stock over the trailing twelve months.
- Diluted share count is down 5.1% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 15.47× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +38.5% per year over the latest 5-year window.
- TTM repurchases used about 74% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Dover (DOV)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Dover (DOV)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Dover (DOV)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Dover (DOV)
Latest: $540.70M
Overview
2025's annual buyback spend for Dover (DOV) came in at $540.70M – grew 8.1% year-over-year.
Dover buyback spend compound annual growth for the 2020–2025 (5 years) window is +38.5%, sustaining 2 straight years of year-over-year growth.
Between 2018 and 2025, Dover buyback spend plunged 39.6%, falling from $894.98M to $540.70M.
Across the available history, buyback spend reached its high of $894.98M in 2018 and its low of $0.00 in 1989.
Dover Buyback Spend 2025: $540.70M
2025's buyback spend for Dover came in at $540.70M, grew 8.1% from 2024.
Dover Buyback Spend 2024: $500.00M
Dover posted buyback spend of $500.00M in 2024, surged 4019.6% from 2023.
Dover Buyback Spend 2023: $12.14M
In 2023, Dover reported buyback spend of $12.14M, plunged 97.9% below 2022.
Dover Buyback Spend 2022: $585.00M
Dover buyback spend in 2022 was $585.00M, surged 2603.7% from 2021.
Dover Buyback Spend 2021: $21.64M
Dover buyback spend in 2021 was $21.64M.
See more financial history for Dover (DOV).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $540.70M | $43.98M | $496.72M | 2.02% | 0.14B | -0.5% | |
| 2024 | $500.00M | $40.36M | $459.64M | 1.94% | 0.14B | -1.4% | |
| 2023 | $12.14M | $31.46M | −$19.33M | 0.06% | 0.14B | -2.1% | |
| 2022 | $585.00M | $30.82M | $554.18M | 3.08% | 0.14B | -1.2% | |
| 2021 | $21.64M | $31.11M | −$9.47M | 0.08% | 0.15B | -0.1% | |
| 2020 | $106.28M | $25.03M | $81.25M | 0.58% | 0.15B | -1.1% | |
| 2019 | $143.28M | $29.70M | $113.58M | 0.86% | 0.15B | -3.4% | |
| 2018 | $894.98M | $23.70M | $871.28M | 8.64% | 0.15B | -3.6% | |
| 2017 | $105.02M | $26.53M | $78.50M | 0.83% | 0.16B | +0.7% | |
| 2016 | $0.00 | $18.65M | −$18.65M | — | 0.16B | -1.6% | |
| 2015 | $600.16M | $30.70M | $569.47M | 7.83% | 0.16B | -5.7% | |
| 2014 | $601.08M | $31.63M | $569.45M | 6.35% | 0.17B | -2.7% | |
| 2013 | $457.87M | $30.48M | $427.39M | 4.12% | 0.17B | -5.7% | |
| 2012 | $748.96M | $30.88M | $718.07M | 9.50% | 0.18B | -2.6% | |
| 2011 | $242.49M | $25.13M | $217.36M | 3.36% | 0.19B | -0.1% | |
| 2010 | $123.56M | $20.41M | $103.15M | 1.69% | 0.19B | +1.3% | |
| 2009 | $0.00 | $17.91M | −$17.91M | — | 0.19B | -1.3% | |
| 2008 | $466.74M | $25.25M | $441.49M | 11.38% | 0.19B | -6.7% | |
| 2007 | $596.01M | $25.71M | $570.30M | 10.03% | 0.20B | -1.3% | |
| 2006 | $48.33M | $26.40M | $21.93M | 0.72% | 0.21B | +0.6% | |
| 2005 | $51.93M | $25.73M | $26.20M | 0.94% | 0.20B | -0.3% | |
| 2004 | $5.17M | $0.00 | $5.17M | 0.09% | 0.20B | +0.6% | |
| 2003 | $3.75M | $0.00 | $3.75M | 0.07% | 0.20B | +0.1% | |
| 2002 | $15.51M | $0.00 | $15.51M | 0.40% | 0.20B | -0.2% | |
| 2001 | $32.16M | $0.00 | $32.16M | 0.64% | 0.20B | -0.5% | |
| 2000 | $5.87M | $0.00 | $5.87M | — | 0.20B | -2.8% | |
| 1999 | $671.67M | $0.00 | $671.67M | — | 0.21B | -6.1% | |
| 1998 | $0.00 | $0.00 | $0.00 | — | 0.22B | -0.9% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 0.23B | -1.9% | |
| 1996 | $0.00 | $0.00 | $0.00 | — | 0.23B | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1989 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$540.70M
- 2024$500.00M
- 2023$12.14M
- 2022$585.00M
- 2021$21.64M
- 2020$106.28M
- 2019$143.28M
- 2018$894.98M
- 2017$105.02M
- 2016$0.00
- 2015$600.16M
- 2014$601.08M
- 2013$457.87M
- 2012$748.96M
- 2011$242.49M
- 2010$123.56M
- 2009$0.00
- 2008$466.74M
- 2007$596.01M
- 2006$48.33M
- 2005$51.93M
- 2004$5.17M
- 2003$3.75M
- 2002$15.51M
- 2001$32.16M
- 2000$5.87M
- 1999$671.67M
- 1998$0.00
- 1997$0.00
- 1996$0.00
- 1995$0.00
- 1994$0.00
- 1993$0.00
- 1992$0.00
- 1991$0.00
- 1990$0.00
- 1989$0.00
Buybacks vs stock-based compensation for Dover (DOV)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 15.47×.
Buybacks vs dividends (share of cash returned) for Dover (DOV)
How Dover splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Dover, ranked by their latest buyback spend.
| $7.55B | |
| $5.19B | |
| $2.68B | |
| $1.86B | |
| $1.14B | |
| $1.13B | |
| $50.00M | |
| $0.00 |
- $7.55B
- $5.19B
- $2.68B
- $1.86B
- $1.14B
- $1.13B
- $50.00M
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $855.58M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation