Dover Corp.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.09B | $2.70B | $1.06B | $1.07B | $1.12B | $683.5M | $677.9M | $570.3M |
| Depreciation & Amortization | $379.6M | $337.8M | $305.0M | $295.7M | $290.1M | $279.1M | $272.3M | $282.6M |
| Depreciation | $169.3M | $154.4M | $151.3M | $143.7M | $147.3M | $140.0M | $133.3M | $138.7M |
| Amortization | $210.3M | $183.4M | $153.8M | $151.9M | $142.8M | $139.0M | $138.9M | $143.9M |
| Stock-Based Compensation | $44.0M | $40.4M | $30.8M | $30.1M | $31.1M | $25.0M | $29.7M | $23.7M |
| Net Cash from Operating Activities | $1.34B | $1.09B | $1.34B | $805.7M | $1.12B | $1.10B | $945.3M | $789.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $220.3M | $167.5M | $183.4M | $211.1M | $171.5M | $165.7M | $186.8M | $171.0M |
| Business Acquisitions | $663.3M | $635.3M | $533.6M | $312.9M | $1.11B | $335.8M | $215.7M | $68.6M |
| Net Cash from Investing Activities | — | — | $-726.6M | $-540.9M | $-992.8M | $-481.4M | $-384.3M | — |
| Financing Activities | ||||||||
| Dividends Paid | $283.0M | $283.1M | $284.3M | $287.6M | $286.9M | $284.3M | $282.2M | $283.6M |
| Stock Repurchases | $540.7M | $500.0M | $0 | $585.0M | $21.6M | $106.3M | $143.3M | $895.0M |
| Net Cash from Financing Activities | $-624.9M | $-1.27B | $-568.1M | $-260.3M | $-249.9M | $-506.3M | $-558.0M | — |
| Net Change in Cash | $-168.1M | $1.43B | $35.0M | $-4.6M | $-127.6M | $115.8M | $1.0M | $-357.7M |
| Free Cash Flow | $1.12B | $920.3M | $1.15B | $594.6M | $944.4M | $939.1M | $758.5M | $618.2M |