DOLE
Dole plc
DOLE's fundamentals are mixed: free cash flow more than tripled, while its operating margin held steady at 2.5%. At 14x earnings, it's trading in line with its usual 14x. Analysts expect earnings to hold roughly steady.
DOLE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Healthy |
DOLE's profitability and balance sheet are currently healthy, and its revenue and cash flow are stable.
DOLE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.7x | $7.51 | -47% |
| Forward | 11x | $14.19 | — |
| Fair | 14x | $13.37 | -5.8% |
| Current | 14x | $14.19 | — |
| Expensive | 47x | $46.46 | +227% |
Historical ranges are pointers, not guarantees.
DOLE's PE is in its fair range at 14x. On analysts' estimates for next year's earnings, today's price would be 11x.
DOLE Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Stable | |
| Stable | |
| Stable | |
| Limited | |
| High |
Analysts expect DOLE's earnings, revenue and profitability to hold roughly steady.
DOLE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.28 | +31% |
| Q3 2026 | $0.98 | +553% |
| Q2 2026 | $0.62 | +148% |
| Q1 2026 | $0.45 | -55% |
| Q4 2025 | $0.53 | -60% |
| Q3 2025 | $0.15 | -92% |
| Q2 2025 | $0.25 | -89% |
| Q1 2025 | $0.99 | -48% |
| Q4 2024 | $1.32 | +1.5% |
DOLE's earnings per share have fallen from their peak: $0.98 over the past year, against $2.29 in mid-2024.
DOLE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.4B | +3.8% |
| Q2 2026 | $2.5B | +2.9% |
| Q1 2026 | $2.3B | +12% |
| Q4 2025 | $2.4B | +9.2% |
| Q3 2025 | $2.3B | +10% |
| Q2 2025 | $2.4B | +14% |
| Q1 2025 | $2.1B | -1% |
| Q4 2024 | $2.2B | +4.6% |
DOLE's revenue has grown year over year for six quarters in a row: $2.4B last quarter, up 3.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.8% | +2.7 points |
| Q2 2026 | 1.9% | -2.4 points |
| Q1 2026 | 2.6% | -0.6 points |
| Q4 2025 | 1.6% | -0.1 points |
| Q3 2025 | 1.1% | -1.3 points |
| Q2 2025 | 4.3% | +0.2 points |
| Q1 2025 | 3.2% | -2.1 points |
| Q4 2024 | 1.6% | -0.4 points |
DOLE's operating margin was 3.8% last quarter, up 2.7 points from the same quarter a year ago.
DOLE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $110.3M | +74% |
| Q2 2026 | -$10.8M | -$4.9M |
| Q1 2026 | -$40.2M | +$115.2M |
| Q4 2025 | $67.1M | -48% |
| Q3 2025 | $63.2M | -25% |
| Q2 2025 | -$5.9M | -117% |
| Q1 2025 | -$155.4M | -$107.6M |
| Q4 2024 | $130M | +20% |
DOLE still generates free cash flow, though less than at its 2022 peak: $126M over the past year.
DOLE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -776K shares |
| 1 year | -1.1% | -1.1M shares |
| 3 years | -0.2% | -221K shares |
| 5 years | +16% | +12.8M shares |
| Available history | -76% | -294M shares |
DOLE has 95M diluted shares, down 1.1% from a year ago, with $25M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $10M |
| Q2 2026 | $10M |
| Q1 2026 | $4.6M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
DOLE spent $25M buying back its own shares over the past year, after none the year before.
DOLE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.3x | Healthy |
| Q2 2026 | 2.3x | Moderate |
| Q1 2026 | 1.7x | Healthy |
| Q4 2025 | 2.6x | Moderate |
| Q3 2025 | 2.9x | Moderate |
| Q2 2025 | 3.3x | Elevated |
| Q1 2025 | 3.2x | Elevated |
| Q4 2024 | 2.5x | Moderate |
DOLE's net debt is about 1.3 years of its operating earnings (EBITDA), down from 2.9 years a year ago.
DOLE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.9 | Neutral |
| Stochastic | 60.9 | Neutral |
DOLE's weekly RSI is 55 (neutral) and its Stochastic is 61 (neutral).
DOLE PE vs Consumer Defensive Sector
| Metric | DOLE | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 19x | 26% below |
| PE % | 55 | 21 | 34 pts above |
DOLE is trading at 14x earnings, a 26% discount to the Consumer Defensive sector's median of 19x.
DOLE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.3 | 6.4% above |
| 20 week MA | $13.6 | 4.2% above |
| 50 week MA | $14.4 | 1.5% below |
| 100 week MA | $14.1 | 0.4% above |
| 200 week MA | $13.5 | 5.3% above |
DOLE's trend is mixed: it's above four of its five weekly moving averages, and 5.3% above its 200-week average.
DOLE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $14.5 | $13.1 | -9.7% |
| 2022 | $13.1 | $9.78 | -25% |
| 2023 | $9.78 | $12.3 | +26% |
| 2024 | $12.3 | $13.5 | +10% |
| 2025 | $13.5 | $15.0 | +11% |
| 2026 YTD | $15.0 | $14.2 | -5.6% |
DOLE has finished higher in three of the last five years. It's down 5.6% so far in 2026.