Dover Corp (DOV)

Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company's Engineered Products segment provides various equipment, component, software, solution, and services that are used in vehicle aftermarket, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market. This segment offers software solutions and services used in light and heavy-duty vehicle lifts, wheel service equipment, vehicle diagnostics, and vehicle collision repair solutions; winches, hoists, bearings, drives, and electric monitoring system; and radio frequency and microwave filters and switches, and signal intelligence solutions, as well as soldering and fluid dispensing solutions. Its Clean Energy & Fueling segment offers component, equipment, and software and service solution enabling safe storage and transport of fuel, cryogenic gases, and hazardous fluids, as well as operation of retail fueling and vehicle wash establishment. The company's Imaging & Identification segment provides precision marking and coding, product traceability equipment, brand protection, and digital textile printing equipment and solution, as well as consumable, software, and service to packaged and consumer goods, pharmaceutical, industrial manufacturing, textile, and other end-market. Its Pumps & Process Solutions segment manufactures specialty pump, connector, flow meter, fluid connecting solution, plastics and polymer processing equipment, and engineered components for rotating and reciprocating machines. The company's Climate & Sustainability Technologies segment manufactures refrigeration system, refrigeration display case, commercial glass refrigerator and freezer door, and brazed plate heat exchanger for industrial heating and cooling, and residential climate control applications. Dover Corporation was incorporated in 1947 and is headquartered in Downers Grove, Illinois.

Symbol
DOV
Exchange
NYSE
Sector
Industrials
Industry
Specialty Industrial Machinery
Market cap
$25.56B
52 week range
158.97 - 237.54

Valuation

Share price
$189.69 (close of 2026-10-02)
P/E (TTM)
22.66x
Price to book
3.32x
Price to free cash flow
21.73x
Enterprise value
$27.07B
Book value per share
$57.17

Price performance

PeriodChange
1 day+0.87%
5 days-1.14%
1 month+0.42%
3 months-11.24%
6 months-7.64%
Year to date-2.84%
1 year+13.76%
3 years+37.78%
5 years+20.91%
10 years+218.91%
All time+12804.08%

Members of Congress who disclosed DOV trades

Julie Johnson · James Comer · Alan Armstrong · Julia Letlow · Robert Bresnahan

Super investors holding DOV

Ken Griffin (Citadel) · Robert Olstein (Olstein Capital Management) · Thomas Russo (Gardner Russo & Quinn LLC) · Bill Nygren (Harris Associates LP)

Profitability and growth

Return on equity
14.77%
Return on invested capital
11.79%
Return on assets
8.15%
Return on capital employed
12.60%
Gross margin
39.77%
Net margin
13.52%
EBITDA margin
21.66%
Revenue growth
4.48%
Net income growth
-59.44%
Free cash flow growth
21.45%

Cash flow and balance sheet

Free cash flow yield (TTM)
4.60%
Current ratio
1.98x
Net debt to EBITDA
0.78x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$8.09B
Cost of revenue
$4.87B
Gross profit
$3.22B
EBITDA
$1.75B
Net income
$1.09B
Earnings per share
$7.99
Research and development
$165.34M
Shares outstanding
136.94M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$8.09B$3.22B$1.09B$7.99
2024-12-31$7.75B$2.96B$2.70B$19.58
2023-12-31$7.68B$2.87B$1.06B$7.56
2022-12-31$7.84B$2.90B$1.07B$7.47
2021-12-31$7.91B$2.97B$1.12B$7.81
2020-12-31$6.68B$2.47B$683.45M$4.74
2019-12-31$7.14B$2.62B$677.92M$4.67
2018-12-31$6.99B$2.56B$570.27M$3.80
2017-12-31$6.82B$2.53B$811.66M$5.21
2016-12-31$6.04B$2.23B$508.89M$3.28

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3139.77%13.52%14.77%11.79%
2024-12-3138.20%34.82%38.79%10.28%
2023-12-3137.32%13.75%20.70%12.40%
2022-12-3137.03%13.58%24.85%13.85%
2021-12-3137.56%14.21%26.82%14.12%
2020-12-3137.02%10.23%20.19%12.54%
2019-12-3136.73%9.50%22.35%13.77%
2018-12-3136.61%8.16%20.60%12.80%
2017-12-3137.08%11.90%18.52%9.42%
2016-12-3136.86%8.42%13.39%7.44%

Cash and debt by year

Period endCashDebt
2025-12-31$1.68B$2.62B
2024-12-31$1.84B$2.53B
2023-12-31$398.56M$2.99B
2022-12-31$380.87M$2.94B
2021-12-31$385.50M$3.02B
2020-12-31$513.08M$3.11B
2019-12-31$397.25M$2.99B
2018-12-31$396.22M$2.94B
2017-12-31$753.96M$2.99B
2016-12-31$349.15M$3.21B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$1.12B$43.98M
2024-12-31$920.30M$40.36M
2023-12-31$1.15B$30.77M
2022-12-31$594.64M$30.07M
2021-12-31$944.40M$31.11M
2020-12-31$939.12M$25.03M
2019-12-31$758.50M$29.70M
2018-12-31$618.20M$23.70M
2017-12-31$569.34M$24.07M
2016-12-31$595.02M$18.65M

Dividend history

Most recent payment
2026-08-31
Paid in the last twelve months
$2.08
Payment dateDividend per share
2026-08-31$0.53
2026-05-29$0.52
2026-02-27$0.52
2025-11-28$0.52
2025-08-29$0.52
2025-05-30$0.52
2025-02-28$0.52
2024-11-29$0.52

Investor relations

Next earnings report

Next confirmed report
2026-10-22
Consensus EPS estimate
$2.85

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-23Jun/2026$2.72
2026-04-23Mar/2026$2.27
2026-01-29Dec/2025$2.48
2025-10-23Sep/2025$2.50
2025-07-24Jun/2025$2.39
2025-07-23--
2025-04-24Mar/2025$1.99
2025-04-23--

Filings and sources

Company website
dovercorporation.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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