DOV · Dover Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.05B | - | $2.08B | $2.05B | $1.87B | - | $1.98B | $2.18B | $2.09B | - |
| Cost of Revenue | $1.26B | - | $1.24B | $1.23B | $1.12B | - | $1.22B | $1.36B | $1.34B | - |
| Gross Profit | $798.13M | - | $833.59M | $818.26M | $745.50M | - | $763.19M | $821.57M | $757.25M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $492.23M | - | $456.44M | $463.67M | $449.19M | - | $429.57M | $452.19M | $463.12M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $97.42M | - | $86.67M | $94.38M | $87.42M | - | $38.83M | $40.12M | $84.71M | - |
| Operating Income | $305.91M | - | $377.15M | $354.60M | $296.31M | - | $333.62M | $369.37M | $294.13M | - |
| Interest Expense | $29.52M | - | $27.24M | $26.79M | $36.37M | - | $32.39M | $33.80M | $36.37M | - |
| Income Tax | $60.15M | - | $82.95M | $71.97M | $56.14M | - | $73.43M | $71.47M | $166.66M | - |
| Net Income | $238.43M | - | $302.00M | $279.06M | $230.82M | - | $347.10M | $281.82M | $632.22M | - |
| EPS - Basic | $1.77 | - | $2.20 | $2.03 | $1.68 | - | $2.53 | $2.05 | $4.55 | - |
| EPS - Diluted | $1.75 | - | $2.19 | $2.02 | $1.67 | - | $2.51 | $2.04 | $4.52 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.64B | $1.68B | $1.55B | $1.26B | $1.81B | $1.84B | $386.77M | $328.75M | $929.95M | $398.56M |
| Accounts Receivable | $1.44B | $1.37B | $1.45B | $1.48B | $1.38B | $1.35B | $1.43B | $1.56B | $1.52B | $1.43B |
| Inventory | $1.37B | $1.27B | $1.32B | $1.31B | $1.21B | $1.14B | $1.21B | $1.24B | $1.25B | $1.23B |
| Accounts Payable | $975.51M | $875.68M | $861.57M | $869.91M | $844.06M | $848.01M | $865.19M | $974.32M | $969.76M | $958.54M |
| Current Assets | $4.68B | $4.51B | $4.50B | $4.22B | $4.55B | $4.48B | $3.75B | $3.27B | $3.91B | $3.39B |
| Total Assets | $13.51B | $13.42B | $13.42B | $13.16B | $12.65B | $12.51B | $11.91B | $11.29B | $11.99B | $11.35B |
| Current Liabilities | $2.51B | $2.52B | $2.21B | $2.17B | $2.14B | $2.20B | $2.39B | $2.13B | $2.98B | $2.41B |
| Long-term Debt | $2.60B | $2.62B | $2.67B | $2.67B | $2.57B | $2.53B | $3.01B | $2.96B | $2.97B | $2.99B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $7.49B | $7.41B | $7.66B | $7.44B | $7.14B | $6.95B | $5.70B | $5.36B | $5.15B | $5.11B |
| Retained Earnings | - | $14.22B | - | - | - | $13.41B | - | - | - | $11.00B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $191.00M | - | - | - | $146.46M | - | - | - | $166.59M | - |
| Investing Cash Flow | ($74.19M) | - | - | - | $432.42M | - | - | - | $429.85M | - |
| Financing Cash Flow | ($161.45M) | - | - | - | ($122.23M) | - | - | - | ($80.78M) | - |
| CapEx | $59.81M | - | - | - | $48.19M | - | - | - | $44.48M | - |
| Free Cash Flow | $131.19M | - | - | - | $98.26M | - | - | - | $122.12M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 38.9% | - | 40.1% | 39.9% | 40.0% | - | 38.5% | 37.7% | 36.2% | - |
| Operating margin | 14.9% | - | 18.2% | 17.3% | 15.9% | - | 16.8% | 17.0% | 14.0% | - |
| EBITDA margin | 19.6% | - | 22.3% | 21.9% | 20.6% | - | 18.8% | 18.8% | 18.1% | - |
| Net margin | 11.6% | - | 14.5% | 13.6% | 12.4% | - | 17.5% | 12.9% | 30.2% | - |
| Free cash flow margin | 6.4% | - | - | - | 5.3% | - | - | - | 5.8% | - |
| FCF / Net income | 0.55 | - | - | - | 0.43 | - | - | - | 0.19 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 24.0% | - | 22.0% | 22.6% | 24.1% | - | 21.7% | 20.8% | 22.1% | - |
| Effective tax rate | 20.1% | - | 21.5% | 20.5% | 19.6% | - | 17.5% | 20.2% | 20.9% | - |
| Return on assets | 1.8% | - | 2.3% | 2.1% | 1.8% | - | 2.9% | 2.5% | 5.3% | - |
| Return on equity | 3.2% | - | 3.9% | 3.8% | 3.2% | - | 6.1% | 5.3% | 12.3% | - |
| Return on invested capital | 2.4% | - | 2.9% | 2.8% | 2.5% | - | 3.2% | 3.5% | 2.9% | - |
| Liquidity | ||||||||||
| Current ratio | 1.87 | 1.79 | 2.04 | 1.95 | 2.13 | 2.04 | 1.57 | 1.53 | 1.31 | 1.40 |
| Quick ratio | 1.32 | 1.28 | 1.44 | 1.35 | 1.56 | 1.52 | 1.06 | 0.95 | 0.89 | 0.90 |
| Cash ratio | 0.65 | 0.67 | 0.70 | 0.58 | 0.84 | 0.84 | 0.16 | 0.15 | 0.31 | 0.17 |
| Leverage | ||||||||||
| Debt / Equity | 0.35 | 0.35 | 0.35 | 0.36 | 0.36 | 0.36 | 0.53 | 0.55 | 0.58 | 0.59 |
| Debt / Assets | 0.19 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.25 | 0.26 | 0.25 | 0.26 |
| Debt / EBITDA | 6.44 | - | 5.76 | 5.94 | 6.70 | - | 8.08 | 7.23 | 7.85 | - |
| Interest coverage | 10.4x | - | 13.8x | 13.2x | 8.1x | - | 10.3x | 10.9x | 8.1x | - |
| Equity multiplier | 1.80 | 1.81 | 1.75 | 1.77 | 1.77 | 1.80 | 2.09 | 2.11 | 2.33 | 2.22 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.15 | - | 0.15 | 0.16 | 0.15 | - | 0.17 | 0.19 | 0.17 | - |
| Inventory turnover | 0.92 | - | 0.94 | 0.94 | 0.93 | - | 1.01 | 1.10 | 1.07 | - |
| Days sales outstanding | 257d | - | 255d | 264d | 270d | - | 263d | 261d | 265d | - |
| Days inventory outstanding | 399d | - | 388d | 387d | 394d | - | 363d | 333d | 340d | - |
| Days payable outstanding | 284d | - | 253d | 258d | 275d | - | 259d | 262d | 265d | - |
| Cash conversion cycle | 372d | - | 390d | 393d | 389d | - | 367d | 333d | 340d | - |
| Valuation | ||||||||||
| P / E | 119.1x | - | 76.2x | 90.7x | 105.2x | - | 76.4x | 88.5x | 39.2x | - |
| P / B | 3.8x | - | 3.0x | 3.4x | 3.4x | - | 4.7x | 4.7x | 4.8x | - |
| P / S | 13.8x | - | 11.1x | 12.3x | 13.0x | - | 13.4x | 11.5x | 11.8x | - |
| EV / EBITDA | 72.6x | - | 52.1x | 59.4x | 65.3x | - | 78.2x | 67.4x | 70.8x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 10.1% | - | 4.8% | -5.9% | -10.9% | - | -7.9% | 3.7% | 0.7% | - |
| Revenue CAGR (3y) | -0.4% | - | -1.3% | -1.7% | -3.1% | - | -0.6% | 2.3% | 3.9% | - |
| Revenue CAGR (5y) | 1.9% | - | 3.5% | 6.5% | 2.4% | - | 1.7% | - | - | - |
| Gross profit growth (YoY) | 7.1% | - | 9.2% | -0.4% | -1.6% | - | -3.8% | 8.3% | 1.4% | - |
| Operating income growth (YoY) | 3.2% | - | 13.0% | -4.0% | 0.7% | - | -10.5% | 13.8% | -6.5% | - |
| Net income growth (YoY) | 3.3% | - | -13.0% | -1.0% | -63.5% | - | 19.8% | 16.3% | 176.6% | - |
| EPS growth (YoY) | 4.8% | - | -12.7% | -1.0% | -63.1% | - | 21.8% | 18.6% | 177.3% | - |
| EPS CAGR (3y) | 2.4% | - | 3.1% | 0.3% | 2.3% | - | 11.5% | 3.9% | 41.1% | - |
| EPS CAGR (5y) | 1.7% | - | 9.7% | 18.6% | 6.7% | - | 12.4% | - | - | - |
| FCF growth (YoY) | 33.5% | - | - | - | -19.5% | - | - | - | -36.7% | - |
| FCF CAGR (5y) | 24.1% | - | - | - | 22.5% | - | - | - | - | - |
| Book value growth (YoY) | 4.9% | 6.5% | 34.5% | 38.7% | 38.5% | 36.2% | 17.9% | 15.0% | 15.5% | 19.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$8.10B totalPumps Process Solutions Segment$2.15B · 26.5%
Clean Energy Fueling Segment$2.13B · 26.3%
Climate Sustainability Technologies Segment$1.56B · 19.3%
Imaging Identification Segment$1.17B · 14.5%
Engineered Products Segment$1.09B · 13.4%
Geographic
$8.09B totalUS$4.40B · 54.4%
Europe$1.77B · 21.9%
Asia$900.21M · 11.1%
Americas$707.52M · 8.7%
Other Geographical Area$315.53M · 3.9%
Peer comparison
Same SIC group: Construction, Mining & Materials Handling Machinery & Equip
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| CHX | - | - | - |
Comparing DOVER Corp against the 1 most active filer in the same SIC group.
Dividends
$2.08/share trailing 12 months · +1.0% YoY
| Ex-date | Per share |
|---|---|
| May 29, 2026 | $0.5200 |
| Feb 27, 2026 | $0.5200 |
| Nov 28, 2025 | $0.5200 |
| Aug 29, 2025 | $0.5200 |
| May 30, 2025 | $0.5150 |
| Feb 28, 2025 | $0.5150 |
| Nov 29, 2024 | $0.5150 |
| Aug 30, 2024 | $0.5150 |
| May 31, 2024 | $0.5100 |
| Feb 28, 2024 | $0.5100 |
| Nov 29, 2023 | $0.5100 |
| Aug 30, 2023 | $0.5100 |
| May 30, 2023 | $0.5050 |
| Feb 27, 2023 | $0.5050 |
| Nov 29, 2022 | $0.5050 |
| Aug 30, 2022 | $0.5050 |
| May 27, 2022 | $0.5000 |
| Feb 25, 2022 | $0.5000 |
| Nov 29, 2021 | $0.5000 |
| Aug 30, 2021 | $0.5000 |
| May 27, 2021 | $0.4950 |
| Feb 25, 2021 | $0.4950 |
| Nov 27, 2020 | $0.4950 |
| Aug 28, 2020 | $0.4950 |