Other

Letters of Credit Outstanding, Amount

Dover Letters of Credit Outstanding, Amount decreased by 2.1% to $230.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 35.3%, from $170.00M to $230.00M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026

How to read this metric

An increase suggests higher reliance on external credit facilities to support operational or contractual obligations.

Detailed definition

This represents the total face value of letters of credit issued by the company to guarantee performance or payment to t...

Peer comparison

Common in capital-intensive industries; reflects the company's ability to secure credit and manage counterparty risk.

Metric ID: other_letters_of_credit_outstanding_amount

Historical Data

15 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$153.20M$154.80M$149.70M$166.00M$168.00M$184.60M$183.90M$182.50M$160.00M$155.00M$160.00M$170.00M$185.00M$235.00M$230.00M
QoQ Change+1.0%-3.3%+10.9%+1.2%+9.9%-0.4%-0.8%-12.3%-3.1%+3.2%+6.3%+8.8%+27.0%-2.1%
YoY Change+8.4%+8.5%+23.3%+10.8%+8.6%-13.3%-15.7%-12.3%+6.3%+19.4%+46.9%+35.3%
Range$149.70M$235.00M
CAGR+12.3%
Avg YoY Growth+10.5%
Median YoY Growth+8.6%

Frequently Asked Questions

What is Dover's letters of credit outstanding, amount?
Dover (DOV) reported letters of credit outstanding, amount of $230.00M in Q1 2026.
How has Dover's letters of credit outstanding, amount changed year-over-year?
Dover's letters of credit outstanding, amount increased by 35.3% year-over-year, from $170.00M to $230.00M.
What does letters of credit outstanding, amount mean?
The total amount of bank-guaranteed payments the company has committed to.