Dole Plc Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Dole Plc has an operating margin of 3.3%, meaning the company retains $3 of operating profit per $100 of revenue. This below-average margin results in a low score of 17/100, suggesting thin profitability after operating expenses. This is up from 3.3% the prior year.
Dole Plc's revenue grew a modest 2.8% year-over-year to $8.5B. This slow but positive growth earns a score of 37/100.
Dole Plc carries a low D/E ratio of 0.67, meaning only $0.67 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 86/100, indicating a strong balance sheet with room for future borrowing.
Dole Plc's current ratio of 1.17 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 27/100, which could limit financial flexibility.
Dole Plc's free cash flow margin of 2.1% results in a low score of 11/100. Capital expenditures of $82.4M absorb a large share of operating cash flow.
Dole Plc's ROE of 9.7% shows moderate profitability relative to equity, earning a score of 39/100. This is down from 9.9% the prior year.
Dole Plc scores 2.70, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Dole Plc passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Dole Plc generates $2.09 in operating cash flow ($262.7M OCF vs $125.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Dole Plc earns $3.9 in operating income for every $1 of interest expense ($280.6M vs $72.3M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
This page shows Dole Plc (DOLE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Dole Plc generated $8.5B in revenue in fiscal year 2024. This represents an increase of 2.8% from the prior year.
Dole Plc's EBITDA was $379.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 0.8% from the prior year.
Dole Plc generated $180.3M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 18.3% from the prior year.
Dole Plc reported $125.5M in net income in fiscal year 2024. This represents an increase of 1.2% from the prior year.
Dole Plc earned $1.32 per diluted share (EPS) in fiscal year 2024. This represents an increase of 1.5% from the prior year.
Dole Plc held $330.0M in cash against $866.1M in long-term debt as of fiscal year 2024.
Dole Plc had 95M shares outstanding in fiscal year 2024. This represents an increase of 0.1% from the prior year.
Dole Plc's gross margin was 8.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.1 percentage points from the prior year.
Dole Plc's operating margin was 3.3% in fiscal year 2024, reflecting core business profitability. This is up 0.0 percentage points from the prior year.
Dole Plc's net profit margin was 1.5% in fiscal year 2024, showing the share of revenue converted to profit. This is down 0.0 percentage points from the prior year.
Dole Plc's ROE was 9.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 0.2 percentage points from the prior year.
Dole Plc invested $8.9M in research and development in fiscal year 2024. This represents a decrease of 1.1% from the prior year.
Dole Plc invested $82.4M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 5.6% from the prior year.
DOLE Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.3B-6.2% | $2.4B+15.7% | $2.1B-3.1% | $2.2B+5.1% | $2.1B-2.9% | $2.1B+0.1% | $2.1B+2.4% | $2.1B |
| Cost of Revenue | $2.1B-3.9% | $2.2B+15.3% | $1.9B-4.6% | $2.0B+5.8% | $1.9B-1.3% | $1.9B-0.2% | $1.9B+0.3% | $1.9B |
| Gross Profit | $155.2M-28.9% | $218.3M+19.8% | $182.2M+15.0% | $158.4M-3.4% | $164.0M-18.2% | $200.6M+3.0% | $194.7M+27.9% | $152.2M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $123.6M-0.6% | $124.3M+5.0% | $118.4M-3.5% | $122.7M+5.9% | $115.8M-0.7% | $116.6M-2.0% | $119.0M-0.3% | $119.3M |
| Operating Income | $24.2M-76.6% | $103.2M+52.0% | $67.9M+95.1% | $34.8M-27.1% | $47.7M-44.4% | $85.9M-23.4% | $112.1M+171.6% | $41.3M |
| Interest Expense | $16.6M-5.0% | $17.5M+1.9% | $17.2M-4.8% | $18.1M+3.3% | $17.5M-7.0% | $18.8M+4.7% | $17.9M-4.3% | $18.8M |
| Income Tax | $6.1M-76.1% | $25.5M+45.1% | $17.6M+6558.3% | $264K-98.3% | $15.5M-39.0% | $25.5M-26.0% | $34.4M+1051.7% | $3.0M |
| Net Income | $5.1M-48.8% | $10.0M-74.4% | $38.9M+199.4% | -$39.1M-371.8% | $14.4M-82.0% | $80.1M+14.2% | $70.1M+214.0% | $22.3M |
| EPS (Diluted) | $0.05-50.0% | $0.10-75.6% | $0.41+200.0% | $-0.41-373.3% | $0.15-82.1% | $0.84+13.5% | $0.74+221.7% | $0.23 |
DOLE Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.5B-5.5% | $4.7B+4.3% | $4.5B+1.6% | $4.4B-1.5% | $4.5B+1.8% | $4.4B-1.5% | $4.5B-1.2% | $4.6B |
| Current Assets | $1.8B-15.1% | $2.1B+6.0% | $2.0B+6.8% | $1.8B-6.2% | $2.0B+1.3% | $1.9B-2.6% | $2.0B+3.4% | $1.9B |
| Cash & Equivalents | $314.7M-0.7% | $316.9M+24.3% | $254.9M-22.8% | $330.0M+26.6% | $260.6M+18.6% | $219.6M-8.2% | $239.4M-13.1% | $275.6M |
| Inventory | $448.9M+8.0% | $415.8M-4.0% | $433.0M+0.7% | $430.2M+13.8% | $378.0M+2.6% | $368.3M-10.1% | $409.5M+8.2% | $378.6M |
| Accounts Receivable | $584.6M-11.0% | $657.1M+6.1% | $619.5M+30.8% | $473.5M-15.7% | $561.7M+2.3% | $549.4M-11.6% | $621.3M+15.4% | $538.2M |
| Goodwill | $449.2M+0.1% | $448.8M+2.4% | $438.3M+2.0% | $429.6M-2.8% | $441.8M+1.6% | $434.8M-0.3% | $436.0M-15.1% | $513.3M |
| Total Liabilities | $2.9B-8.0% | $3.2B+5.0% | $3.0B+0.9% | $3.0B+1.0% | $3.0B+1.7% | $2.9B-4.3% | $3.1B-2.5% | $3.1B |
| Current Liabilities | $1.5B-11.2% | $1.6B+5.5% | $1.6B-0.7% | $1.6B-1.0% | $1.6B+3.3% | $1.5B-12.0% | $1.7B+1.6% | $1.7B |
| Long-Term Debt | $899.3M-10.0% | $998.9M+6.9% | $934.0M+7.8% | $866.1M-1.4% | $878.8M-0.4% | $882.3M+13.9% | $774.4M-8.4% | $845.0M |
| Total Equity | $1.4B+0.3% | $1.4B+2.9% | $1.3B+3.4% | $1.3B-7.0% | $1.4B+1.4% | $1.4B+5.2% | $1.3B+4.3% | $1.2B |
| Retained Earnings | $687.2M-0.5% | $690.4M+0.3% | $688.6M+4.7% | $657.4M-6.6% | $704.0M+0.9% | $697.5M+11.6% | $625.0M+11.1% | $562.6M |
DOLE Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $87.4M+376.4% | $18.3M+123.3% | -$78.8M-150.4% | $156.5M+54.9% | $101.0M+151.1% | $40.2M+215.0% | -$35.0M-124.7% | $141.5M |
| Capital Expenditures | $20.9M+8.0% | $19.4M-63.4% | $52.8M+106.0% | $25.6M+21.6% | $21.1M+20.9% | $17.5M-4.3% | $18.2M-31.7% | $26.7M |
| Free Cash Flow | $66.5M+6637.1% | -$1.0M+99.2% | -$131.6M-200.6% | $130.8M+63.8% | $79.9M+251.0% | $22.8M+142.8% | -$53.2M-146.4% | $114.8M |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | -$154.9M-318.4% | $70.9M+33.1% | $53.3M+236.5% | -$39.0M+21.1% | -$49.4M+2.5% | -$50.7M+48.6% | -$98.7M-38.7% | -$71.2M |
| Dividends Paid | $8.2M0.0% | $8.2M+6.2% | $7.7M+3.6% | $7.5M-5.0% | $7.9M+3.5% | $7.6M-1.6% | $7.7M+0.5% | $7.7M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
DOLE Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 6.8%-2.2pp | 9.0%+0.3pp | 8.7%+1.4pp | 7.3%-0.6pp | 8.0%-1.5pp | 9.4%+0.3pp | 9.2%+1.8pp | 7.3% |
| Operating Margin | 1.1%-3.2pp | 4.3%+1.0pp | 3.2%+1.6pp | 1.6%-0.7pp | 2.3%-1.7pp | 4.0%-1.3pp | 5.3%+3.3pp | 2.0% |
| Net Margin | 0.2%-0.2pp | 0.4%-1.4pp | 1.8%+3.7pp | -1.8%-2.5pp | 0.7%-3.1pp | 3.8%+0.5pp | 3.3%+2.2pp | 1.1% |
| Return on Equity | 0.4%-0.3pp | 0.7%-2.2pp | 2.9% | N/A | 1.0%-4.8pp | 5.8%+0.5pp | 5.4%+3.6pp | 1.8% |
| Return on Assets | 0.1%-0.1pp | 0.2%-0.7pp | 0.9%+1.7pp | -0.9%-1.2pp | 0.3%-1.5pp | 1.8%+0.2pp | 1.6%+1.1pp | 0.5% |
| Current Ratio | 1.21-0.1 | 1.260.0 | 1.26+0.1 | 1.17-0.1 | 1.24-0.0 | 1.26+0.1 | 1.14+0.0 | 1.12 |
| Debt-to-Equity | 0.65-0.1 | 0.73+0.0 | 0.70+0.0 | 0.67+0.0 | 0.63-0.0 | 0.64+0.0 | 0.59-0.1 | 0.68 |
| FCF Margin | 2.9%+3.0pp | -0.0%+6.2pp | -6.3%-12.3pp | 6.0%+2.2pp | 3.9%+2.8pp | 1.1%+3.6pp | -2.5%-8.1pp | 5.5% |
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Frequently Asked Questions
What is Dole Plc's annual revenue?
Dole Plc (DOLE) reported $8.5B in total revenue for fiscal year 2024. This represents a 2.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Dole Plc's revenue growing?
Dole Plc (DOLE) revenue grew by 2.8% year-over-year, from $8.2B to $8.5B in fiscal year 2024.
Is Dole Plc profitable?
Yes, Dole Plc (DOLE) reported a net income of $125.5M in fiscal year 2024, with a net profit margin of 1.5%.
What is Dole Plc's earnings per share (EPS)?
Dole Plc (DOLE) reported diluted earnings per share of $1.32 for fiscal year 2024. This represents a 1.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Dole Plc's EBITDA?
Dole Plc (DOLE) had EBITDA of $379.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Dole Plc have?
As of fiscal year 2024, Dole Plc (DOLE) had $330.0M in cash and equivalents against $866.1M in long-term debt.
What is Dole Plc's gross margin?
Dole Plc (DOLE) had a gross margin of 8.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Dole Plc's operating margin?
Dole Plc (DOLE) had an operating margin of 3.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Dole Plc's net profit margin?
Dole Plc (DOLE) had a net profit margin of 1.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Dole Plc's return on equity (ROE)?
Dole Plc (DOLE) has a return on equity of 9.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Dole Plc's free cash flow?
Dole Plc (DOLE) generated $180.3M in free cash flow during fiscal year 2024. This represents a -18.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Dole Plc's operating cash flow?
Dole Plc (DOLE) generated $262.7M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Dole Plc's total assets?
Dole Plc (DOLE) had $4.4B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Dole Plc's capital expenditures?
Dole Plc (DOLE) invested $82.4M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Dole Plc spend on research and development?
Dole Plc (DOLE) invested $8.9M in research and development during fiscal year 2024.
How many shares does Dole Plc have outstanding?
Dole Plc (DOLE) had 95M shares outstanding as of fiscal year 2024.
What is Dole Plc's current ratio?
Dole Plc (DOLE) had a current ratio of 1.17 as of fiscal year 2024, which is considered adequate.
What is Dole Plc's debt-to-equity ratio?
Dole Plc (DOLE) had a debt-to-equity ratio of 0.67 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Dole Plc's return on assets (ROA)?
Dole Plc (DOLE) had a return on assets of 2.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Dole Plc's Altman Z-Score?
Dole Plc (DOLE) has an Altman Z-Score of 2.70, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Dole Plc's Piotroski F-Score?
Dole Plc (DOLE) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Dole Plc's earnings high quality?
Dole Plc (DOLE) has an earnings quality ratio of 2.09x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Dole Plc cover its interest payments?
Dole Plc (DOLE) has an interest coverage ratio of 3.9x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Dole Plc?
Dole Plc (DOLE) scores 36 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.