DOVER Corp Earnings Per Share Disclosure
| Years Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Earnings from continuing operations | $ | 1,097,429 | $ | 1,399,968 | $ | 943,864 | |||||||||||
| (Loss) earnings from discontinued operations, net | (3,473) | 1,297,158 | 112,964 | ||||||||||||||
| Net earnings | $ | 1,093,956 | $ | 2,697,126 | $ | 1,056,828 | |||||||||||
| Basic earnings per common share: | |||||||||||||||||
| Earnings from continuing operations | $ | 8.01 | $ | 10.16 | $ | 6.75 | |||||||||||
| (Loss) earnings from discontinued operations, net | $ | (0.03) | $ | 9.42 | $ | 0.81 | |||||||||||
| Net earnings | $ | 7.99 | $ | 19.58 | $ | 7.56 | |||||||||||
| Weighted average basic shares outstanding | 136,935,000 | 137,735,000 | 139,848,000 | ||||||||||||||
| Diluted earnings per common share: | |||||||||||||||||
| Earnings from continuing operations | $ | 7.97 | $ | 10.09 | $ | 6.71 | |||||||||||
| (Loss) earnings from discontinued operations, net | $ | (0.03) | $ | 9.35 | $ | 0.80 | |||||||||||
| Net earnings | $ | 7.94 | $ | 19.45 | $ | 7.52 | |||||||||||
Weighted average shares outstanding | 137,777,000 | 138,696,000 | 140,599,000 | ||||||||||||||
| Years Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
Weighted average shares outstanding - Basic | 136,935,000 | 137,735,000 | 139,848,000 | ||||||||||||||
Dilutive effect of assumed exercise of SARs and vesting of PSAs and RSUs | 842,000 | 961,000 | 751,000 | ||||||||||||||
Weighted average shares outstanding - Diluted | 137,777,000 | 138,696,000 | 140,599,000 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 13, 2026 | Showing above |
| 2024 | Feb 14, 2025 | |
| 2023 | Feb 9, 2024 | |
| 2022 | Feb 10, 2023 | |
| 2021 | Feb 11, 2022 | |
| 2020 | Feb 12, 2021 | |
| 2019 | Feb 14, 2020 | |
| 2018 | Feb 15, 2019 | |
| 2017 | Feb 9, 2018 | |
| 2016 | Feb 10, 2017 | |
| 2015 | Feb 12, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.