Dole plc (DOLE) stock analysis
Close on Nov 11, 2026Market cap $1.35BP/E 14.6Yield –
StockData Score
Prices as of Nov 11, 2026How the score works
Weak8 of 30 checks passed
Dole passes 8 of the 30 checks behind our score; 12 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 0/6
- Growth
- 2/6
- Past performance
- 3/6
- Financial health
- 3/6
- Dividend
- 0/6
What stands out
Earnings growth accelerating
Net income grew 528% over the last twelve months, against a 5-year average of -0.4% a year.
Debt covered by cash flow
Operating cash flow over the last twelve months equals 28.2% of total debt.
Growing faster than the industry
Revenue grew 6.7% over the last twelve months; the Consumer staples median is 1.6%.
Return on equity above the industry
Dole's return on equity of 6.7% is above the Consumer staples median of 0.9%.
What to watch
Return on equity under 15%
Return on equity was 6.7% over the last twelve months and averaged 6.2% over five years; we look for 15% on both.
Return on capital under 10%
Return on invested capital was 6.2%, below the 10% that usually covers the cost of capital.
High debt
Debt is 56.0% of shareholders' equity, above the 40% we consider low.
Earnings shrank over 5 years
Net income shrank 0.4% a year on average over the last five fiscal years.
Valuation0/6
P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/B against the industry
Needs positive book value.
Price against fair value
We could not estimate a fair value: it needs at least two valuation methods with positive inputs.
Margin of safety
Depends on the fair value estimate.
Growth2/6
Revenue growing under 10% a year
Revenue grew 4.6% a year over the last three fiscal years, short of the 10% we look for.
EPS growing under 10% a year
Diluted EPS grew -16.5% a year over the last three fiscal years.
Earnings growth accelerating
Net income grew 528% over the last twelve months, against a 5-year average of -0.4% a year.
Growing faster than the industry
Revenue grew 6.7% over the last twelve months; the Consumer staples median is 1.6%.
Guidance lowered
Dole lowered its full year interest expense outlook on May 11, 2026.
Gross margin slipping
Gross margin was 7.4% over the last twelve months, against 8.0% a year earlier.
Past performance3/6
Return on equity under 15%
Return on equity was 6.7% over the last twelve months and averaged 6.2% over five years; we look for 15% on both.
Return on capital under 10%
Return on invested capital was 6.2%, below the 10% that usually covers the cost of capital.
Return on equity above the industry
Dole's return on equity of 6.7% is above the Consumer staples median of 0.9%.
Earnings shrank over 5 years
Net income shrank 0.4% a year on average over the last five fiscal years.
Net margin above its 5-year average
Net margin was 1.0% over the last twelve months, against a 5-year average of 0.9%.
Net margin above the industry
Dole's net margin of 1.0% is above the Consumer staples median of -6.7%.
Financial health3/6
High debt
Debt is 56.0% of shareholders' equity, above the 40% we consider low.
Debt falling against equity
Debt to equity fell from 62.7% five years ago to 56.0%.
Debt covered by cash flow
Operating cash flow over the last twelve months equals 28.2% of total debt.
Interest not well covered
Operating income covers interest expense 3.9 times; we look for at least 5.
Short-term assets cover short-term debts
Current assets are 1.13 times current liabilities.
Bankruptcy risk (Altman Z)
Needs market value, working capital and retained earnings.
Dividend0/6
No dividend
Dole has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itWe don't publish a fair value for Dole. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Medium risk
- Average value traded per day
- $15.72M
- Value traded per 1% price move
- $13.72M
Downside
Low risk
- Typical loss in a bad month
- 9.7%
- Volatility (annualized)
- 24%
- Sharpe ratio, 1 year
- -0.03
- Beta to the S&P 500 (5Y)
- 0.48
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2018 to 2025
Gross margin
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +8.2% | +4.6% | +16.1% | – | |
| Gross profit | -0.5% | +6.0% | +16.4% | – | |
| Operating income | -20.5% | +8.4% | +27.1% | – | |
| Net income | -59.1% | -16.0% | -0.4% | – | |
| EPS, diluted | -59.8% | -16.5% | -10.8% | – | |
| Free cash flow | -99.1% | -80.7% | -57.4% | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 3.9% | |
| Return on assets | – | – | 1.2% | |
| Current ratio | – | 1.06 | 1.17 | |
| Debt to equity | – | 0.63 | 0.64 | |
| Net debt to EBITDA | – | 1.69× | 1.79× | |
| Interest coverage | – | 6.4× | 3.4× | |
| Inventory turnover | – | – | 18.0× | |
| Capex to revenue | – | 0.5% | 1.3% | |
| Diluted shares | – | 56M | 96M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Dole generated $1.03B from operations and spent $575.21M on capital expenditure, dividends and share buybacks. 74% of that went back into the business.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 0.6% | 2.07× | 3.33× | 3.9% |
| FY2024 | 1.5% | 1.88× | 3.54× | 9.9% |
| FY2023 | 1.5% | 1.80× | 3.80× | 10.3% |
| FY2022 | 1.1% | 1.73× | 4.13× | 7.7% |
| FY2021 | -0.1% | 1.81× | 4.06× | -0.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero$51.32M
- Cash generatingOperating cash flow above zero$123.21M
- Return on assets improvedROA up on the prior year2.8% → 1.2%
- Earnings backed by cashOperating cash flow above net income$123.21M vs $51.32M
- Less leverageLong-term debt to assets fell19.5% → 18.2%
- Better liquidityCurrent ratio rose1.17 → 1.17
- No dilutionShare count did not rise95M → 96M
- Gross margin improvedGross margin up on the prior year8.47% → 7.79%
- More efficientAsset turnover rose1.86 → 2.06
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