Dole PLC DOLE

Consumer StaplesFood & TobaccoIreland

Last close 13.07 USD on Nov 1, 2026, −11.2% year to date

Quant rating

Quant rating A Rank 26 of 174 in Consumer Staples

Growth B 44 of 174
Valuation B 57 of 174
Quality B 33 of 174
Revisions A 25 of 174
Momentum C 92 of 174

Wall Street consensus Buy (2.50)Average target 17.44 USD +33.4%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 1.2B
Enterprise value: 2.1B
52-week range: 12.53 – 16.57
3-year range: 10.77 – 17.12
Dividend yield: 2.60%
Beta (5 years): 0.77
Shares outstanding: 94.5M
Next earnings: Nov 9, 2026

About the company

Dole Plc is an Ireland-based company, which produces, markets, and distributes a variety of fresh produce sourced locally and from around the world. Its segments include Fresh Fruit, Diversified Fresh Produce - EMEA and Diversified Fresh Produce - Americas and Rest of World (ROW). The Fresh Fruit segment is a vertically integrated producer and distributor of multiple varieties of bananas, pineapples and plantains which are sourced from local growers or Company-owned and leased farms, predominately located in Latin America, and sold throughout North America, Europe, Latin America and Asia. This segment also operates a commercial cargo business. The Diversified Fresh Produce - EMEA segment includes Irish, Dutch, Spanish, French, Italian, United Kingdom, Swedish, Danish, South African, Czech, Slovakian, Polish, German and Brazilian businesses. The Diversified Fresh Produce - Americas & ROW segment includes United States, Canadian, Mexican, Chilean, Peruvian, and Argentinian businesses.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	9,173	8,475	8,245	8,024	5,944	–
Revenue growth	8.2%	2.8%	2.8%	35.0%	36.8%	16.1%
EPS (basic, normalized)	1.20	1.27	1.24	0.97	1.49	–
EPS growth	−5.5%	2.4%	27.8%	−34.9%	–	–
Gross margin	7.8%	8.5%	8.4%	7.5%	5.8%	7.6%
Net margin	1.1%	1.8%	1.8%	1.8%	0.2%	1.3%
ROE	7.3%	12.1%	12.1%	12.8%	1.7%	9.2%

Balance sheet, last quarter
Cash & short-term investments (mil)	299
Current ratio	1.28x
Long-term debt (mil)	969
Net debt (mil)	872
Total equity (mil)	1,329
Net debt / equity	0.66x
Net debt / EBITDA	2.21x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	9,173	+8.2%	0.2x	395	+3.3%	5.3x	1.20	−5.5%	10.9x
2026	9,735	+6.1%	0.2x	400	+1.1%	5.3x	1.33	+10.5%	9.9x
2027	9,944	+2.1%	0.2x	416	+4.1%	5.1x	1.50	+13.3%	8.7x
2028	10,229	+2.9%	0.2x	428	+2.8%	4.9x	1.58	+5.1%	8.3x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	9,735	0.0%	−0.2%	+3.2%	1.33	0.0%	−2.9%	−4.3%
2027	9,944	0.0%	−0.1%	+3.6%	1.50	0.0%	−0.2%	−0.4%
2028	10,229	+1.9%	+0.5%	+3.8%	1.58	+6.8%	+6.7%	+3.3%

Earnings surprises EPS beat in 2 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	2,121	2,124	2,062	2,167	2,099	2,428	2,279	2,366	2,342	2,499
Sales mean (mil)	2,119	2,093	1,998	2,040	2,050	2,218	2,148	2,319	2,226	2,516
Surprise	+0.1%	+1.5%	+3.2%	+6.3%	+2.4%	+9.5%	+6.1%	+2.0%	+5.2%	−0.7%
EPS reported	0.43	0.49	0.19	0.16	0.35	0.55	0.16	0.14	0.33	0.46
EPS mean	0.31	0.43	0.20	0.07	0.39	0.51	0.17	0.13	0.34	0.46
Surprise	+38.7%	+14.8%	−5.0%	+113.3%	−10.3%	+7.8%	−7.7%	+10.5%	−1.5%	+1.1%

Peer comparison Food & Tobacco

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
DOLE Dole PLC	1.2B	2.21x	1.1%	0.93x	9.9x	8.7x	5.3x	5.1x
HSY The Hershey Company	33.3B	1.80x	7.6%	4.97x	19.1x	17.3x	12.4x	11.5x
GIS General Mills Inc	18.3B	3.92x	−0.5%	2.46x	11.1x	10.8x	10.2x	10.1x
SJM The J. M. Smucker Company	13.9B	3.31x	−1.5%	2.41x	12.0x	11.8x	9.5x	9.5x
MKC McCormick & Company, Incorporated	12.7B	3.98x	11.5%	1.82x	15.3x	14.7x	11.5x	11.0x
HRL Hormel Foods Corp	11.7B	1.56x	4.0%	1.49x	14.3x	13.6x	10.3x	9.6x
Mean		2.80x	3.7%	2.35x	13.6x	12.8x	9.9x	9.4x
Median		2.76x	2.5%	2.11x	13.2x	12.7x	10.2x	9.8x

Technical analysis

1M+0.7%
3M−7.6%
1Y+3.2%
3Y+24.5%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Dole PLC, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	9,173	8,475	8,245	8,024	5,944	4,346
Cost of revenue	8,459	7,758	7,551	7,425	5,600	4,012
Gross profit	714	718	694	600	344	334
Selling, general & administrative expenses	495	474	474	436	323	265
Research & development	–	–	–	–	–	–
Interest expense (income), operating	–	–	–	–	–	0
Unusual expense (income)	−16.8	−36.9	−51.9	−11.6	29.5	1.2
Other operating expenses	0	0	0	0	0	0
Operating income	236	281	272	175	−8.7	67.5
Net interest income (expense)	−73.3	−51.1	−74.8	−48.0	−16.0	−7.9
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	5.9	10.2	8.6	8.7	3.3	−0.5
Net income before taxes	168	240	206	136	−21.4	59.1
Provision for taxes	71.0	75.6	43.6	−25.6	−11.0	18.1
Minority interest	−30.7	−17.9	−31.6	−25.3	−24.2	−18.8
Equity in affiliates	30.7	8.3	15.2	6.7	48.0	30.3
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	97.3	154	146	143	13.3	52.5
Extraordinary items	−46.0	−28.9	−21.8	−56.4	−20.6	–
Net income	51.3	126	124	86.5	−7.2	52.5
EBIT, normalized	206	242	176	153	20.8	68.4
EBITDA, normalized	318	341	280	263	86.3	106
Basic EPS, normalized	1.20	1.27	1.24	0.97	1.49	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Dole PLC, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	274	336	281	234	257	161
Receivables	805	704	765	864	917	412
Total inventory	509	430	379	437	411	141
Prepaid expenses	70.0	66.1	61.7	55.0	45.3	16.6
Other current assets	93.6	349	434	15.7	11.2	0
Total current assets	1,752	1,885	1,921	1,605	1,641	730
Property, plant & equipment	1,453	1,420	1,443	1,736	1,799	360
Goodwill	434	430	513	497	511	234
Intangibles	325	332	348	357	368	65.6
Long-term investments	156	144	148	141	152	459
Note receivable	–	–	–	–	–	30.1
Other long-term assets	276	237	189	255	196	6.7
Total assets	4,396	4,446	4,561	4,592	4,668	1,886
Liabilities
Accounts payable	712	649	671	730	697	464
Payable/accrued	–	–	–	–	–	30.1
Accrued expenses	535	498	414	538	537	118
Short-term debt	9.6	11.4	11.5	8.6	9.4	11.2
Current portion of long-term debt	57.7	80.1	223	97.4	51.8	20.7
Other current liabilities	180	354	397	86.6	76.0	45.6
Total current liabilities	1,494	1,592	1,717	1,461	1,371	690
Long-term debt	800	866	845	1,127	1,298	315
Minority interest	138	142	171	158	165	153
Other liabilities	600	553	579	685	754	193
Total liabilities	3,032	3,153	3,312	3,431	3,587	1,351
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	1.0	0.9	0.9	0.9	0.9	4.9
Additional paid-in capital	804	801	797	795	792	198
Retained earnings (accumulated deficit)	676	657	563	469	413	461
Treasury stock	–	–	–	–	–	–
Other equity	−117	−166	−111	−104	−126	−129
Total equity	1,364	1,293	1,250	1,161	1,081	535
Total liabilities & shareholders' equity	4,396	4,446	4,561	4,592	4,668	1,886

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Dole PLC, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	82.0	143	156	112	17.0	71.3
Depreciation, depletion & amortization	113	98.8	104	110	65.5	36.2
Deferred taxes	13.0	−17.6	−12.6	−31.1	−20.9	−0.7
Non-cash items	17.6	21.8	−36.3	25.2	52.2	−19.8
Changes in working capital	−130	38.9	65.0	23.4	−97.4	57.7
Cash from operations	95.3	285	276	239	16.4	145
Investing activities
Capital expenditures	−121	−82.4	−78.0	−85.6	−58.6	−23.2
Other investing cash flows	95.9	105	74.8	19.1	141	−2.4
Cash from investing	−25.6	22.5	−3.3	−66.5	82.8	−25.6
Financing activities
Financing cash flow items	−30.9	−28.3	−31.5	−24.8	−48.5	−39.3
Cash dividends paid	−31.6	−30.6	−30.4	−30.4	−17.1	–
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−88.8	−179	−168	−118	64.2	−61.3
Cash from financing	−151	−238	−230	−173	−1.3	−101
Foreign exchange effects	17.7	−15.2	5.4	−20.7	−7.8	12.5
Net change in cash	−63.9	54.7	48.2	−21.7	90.1	30.9
Free cash flow	−26.2	203	198	153	−42.2	121

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.