Is the business good?
How good a business is DOLE?
Dole plc earns 8.5% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
8.5%
Return on invested capital · cost of capital 9.0% · 0.46 points below what the capital costs: growth destroys value
- Operating margin
- 2.3%
Operating margin · Consumer Defensive median 9.0% · 12 months to Q1 2026
- Cash conversion
- 2.13×
Cash conversion · 1.08× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- +0.08%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | 1.5% |
| FY2021 | −0.15% |
| FY2022 | 2.2% |
| FY2023 | 3.3% |
| FY2024 | 3.3% |
| FY2025 | 2.4% |
Details›
- Gross margin12 months to Q1 2026
- 7.6%
- Operating margin12 months to Q1 2026
- 2.3%
- Net margin12 months to Q1 2026
- 0.46%
- Free cash flow margin
- 0.99%
- Revenue, trailing twelve months
- $9.42B
- Free cash flow, trailing twelve months
- $93M
- Net income, trailing twelve months
- $44M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 8.5%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Farm Products
Ranks #4 of 6 by Smart Score