DOVER Corp
For the period ended Dec 31, 2023. Filed Feb 9, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 9, 2024
DOV$212.98+4.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Earnings
(In thousands, except per share data)
| Years Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenue | $8,438,134 | $8,508,088 | $7,907,081 |
| Cost of goods and services | 5,353,501 | 5,444,532 | 4,937,295 |
| Gross profit | 3,084,633 | 3,063,556 | 2,969,786 |
| Selling, general and administrative expenses | 1,718,290 | 1,684,226 | 1,688,278 |
| Operating earnings | 1,366,343 | 1,379,330 | 1,281,508 |
| Interest expense | 131,305 | 116,456 | 106,319 |
| Interest income | (13,496) | (4,430) | (4,441) |
| Gain on dispositions | — | — | (206,338) |
| Other income, net | (21,472) | (20,201) | (14,858) |
| Earnings before provision for income taxes | 1,270,006 | 1,287,505 | 1,400,826 |
| Provision for income taxes | 213,178 | 222,129 | 277,008 |
| Net earnings | $1,056,828 | $1,065,376 | $1,123,818 |
| Net earnings per share: | |||
| Basic | $7.56 | $7.47 | $7.81 |
| Diluted | $7.52 | $7.42 | $7.74 |
| Weighted average shares outstanding: | |||
| Basic | 139,848 | 142,681 | 143,923 |
| Diluted | 140,599 | 143,595 | 145,273 |
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