DOLE Dole plc

Overview and Growth

Dole plc generated $9.17B of revenue in fiscal 2025, with net income of $51.32M and an operating cash inflow of $123.21M. At $9.17B, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line expanded 8.2% from $8.48B in fiscal 2024, increasing the company’s operating scale. The company reported diluted EPS of $0.53, adding a shareholder-level measure to the absolute income figures considered below. The per-share result recorded a 59.8% decrease from fiscal 2024 diluted EPS of $1.32. The revenue-to-assets relationship was 2.09x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

After reported cost of revenue, the company retained $714.31M as gross profit before recognizing operating expenses and other items. Gross profit represented 7.8% of revenue, showing how much of the top line remained after direct costs. The reported operating result was $222.97M, capturing profitability after direct costs and the operating expenses reflected in the statements. Operating margin measured 2.4%, showing the portion of revenue preserved after the full set of operating costs. After all reported below-operating-line items, the company recorded net income of $51.32M for the fiscal year. Net margin was 0.6%, meaning that this portion of revenue remained as net income after all recognized expenses. The reported income-tax provision was $71.00M, the amount recognized between pretax income and the final net-income result. Return on period-end equity was 3.5%, relating annual net income to the equity capital on the balance sheet. Net income represented 1.2% of period-end assets, placing the company’s bottom-line result against the total resource base employed.

Liquidity and Capital Structure

Total assets were $4.40B, supported by $2.89B of liabilities and $1.47B of shareholder equity. At period end, current assets of $1.75B compared with current liabilities of $1.49B, defining the company’s short-term resource position. At 1.17x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Reported cash and equivalents were $267.85M, separating immediately recognizable cash resources from the rest of the current-asset base. Measured only with cash and equivalents, coverage of current liabilities was 17.9%, excluding receivables and other current assets. Borrowings totaled $857.48M, adding a fixed financing obligation alongside the company’s equity capital. Debt equaled 0.58x of book equity, describing the relative scale of borrowing and shareholder capital. The debt-to-assets relationship was 19.5%, comparing borrowing with the total asset balance. Relative to total assets, liabilities measured 65.8%, complementing the separate equity-based view of the company’s capital structure. Cash and equivalents equaled 6.1% of total assets, showing the liquid cash component within the company’s broader resource base. The asset base changed 1.1% from $4.45B in fiscal 2024, leaving current total assets lower year over year. Reported equity changed 5.2% from $1.40B in fiscal 2024, placing the current capital base higher year over year.

Cash Flow and Earnings Quality

Cash flow from operations was $123.21M, a reported cash inflow that can be compared directly with net income and capital spending. Operating cash flow equaled 2.4x of net income, showing how strongly accounting earnings converted into cash from operations. Capital expenditures used $121.50M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital spending absorbed 98.6% of operating cash flow, quantifying the share of cash from operations directed to investment. Free cash flow came to $1.71M, leaving a positive amount after capital expenditures. Relative to revenue, free cash flow equaled 0.0%, showing how much sales converted into cash after investment. The free-cash-flow-to-assets relationship was 0.0%, comparing post-investment cash with the balance-sheet asset base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.