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.

Price · DOV

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$8.09B	$7.75B	$8.44B	$8.51B	$7.91B	$6.68B
Cost of Revenue	$4.87B	$4.79B	$5.35B	$5.44B	$4.94B	$4.21B
Gross Profit	$3.22B	$2.96B	$3.08B	$3.06B	$2.97B	$2.47B
R&D	$165.34M	$149.60M	$153.11M	$163.30M	$157.83M	$142.10M
SG&A	$1.84B	$1.75B	$1.72B	$1.68B	$1.69B	$1.54B
Total Operating Expenses	-	-	-	-	-	-
D&A	$379.58M	$337.84M	$317.46M	$307.54M	$290.12M	$279.05M
Operating Income	$1.37B	$1.21B	$1.37B	$1.38B	$1.28B	$932.99M
Interest Expense	$109.77M	$131.17M	$131.31M	$116.46M	$106.32M	$111.94M
Income Tax	$276.82M	$357.05M	$213.18M	$222.13M	$277.01M	$158.28M
Net Income	$1.09B	$2.70B	$1.06B	$1.07B	$1.12B	$683.45M
EPS - Basic	$7.99	$19.58	$7.56	$7.47	$7.81	$4.74
EPS - Diluted	$7.94	$19.45	$7.52	$7.42	$7.74	$4.70

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$1.68B	$1.84B	$398.56M	$380.87M	$513.08M	$513.08M
Accounts Receivable	$1.37B	$1.35B	$1.43B	$1.52B	$1.35B	$1.14B
Inventory	$1.27B	$1.14B	$1.23B	$1.37B	$1.19B	$835.80M
Accounts Payable	$875.68M	$848.01M	$958.54M	$1.07B	$1.07B	$853.94M
Current Assets	$4.51B	$4.48B	$3.39B	$3.42B	$3.06B	$2.62B
Total Assets	$13.42B	$12.51B	$11.35B	$10.90B	$10.40B	$9.15B
Current Liabilities	$2.52B	$2.20B	$2.41B	$2.77B	$2.25B	$1.74B
Long-term Debt	$2.62B	$2.53B	$2.99B	$2.94B	$3.02B	$3.11B
Total Liabilities	-	-	-	-	-	-
Stockholders' Equity	$7.41B	$6.95B	$5.11B	$3.03B	$4.19B	$3.39B
Retained Earnings	$14.22B	$13.41B	$11.00B	$10.22B	$9.45B	$8.61B

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$1.34B	$1.09B	$1.34B	$805.72M	$1.10B	$1.10B
Investing Cash Flow	($886.59M)	($26.98M)	($726.63M)	($540.92M)	($481.38M)	($481.38M)
Financing Cash Flow	($624.87M)	($1.27B)	($568.06M)	($260.26M)	($506.29M)	($506.29M)
CapEx	$220.26M	$167.53M	$192.59M	$220.96M	$171.47M	$165.69M
Free Cash Flow	$1.12B	$920.30M	$1.14B	$584.76M	$933.35M	$939.12M

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	39.8%	38.2%	36.6%	36.0%	37.6%	37.0%
Operating margin	17.0%	15.6%	16.2%	16.2%	16.2%	14.0%
EBITDA margin	21.7%	19.9%	20.0%	19.8%	19.9%	18.1%
Net margin	13.5%	34.8%	12.5%	12.5%	14.2%	10.2%
Free cash flow margin	13.8%	11.9%	13.6%	6.9%	11.8%	14.1%
FCF / Net income	1.02	0.34	1.08	0.55	0.83	1.37
R&D / Revenue	2.0%	1.9%	1.8%	1.9%	2.0%	2.1%
SG&A / Revenue	22.8%	22.6%	20.4%	19.8%	21.4%	23.1%
Effective tax rate	20.2%	11.7%	16.8%	17.3%	19.8%	18.8%
Return on assets	8.2%	21.6%	9.3%	9.8%	10.8%	7.5%
Return on equity	14.8%	38.8%	20.7%	35.1%	26.8%	20.2%
Return on invested capital	10.9%	11.2%	14.0%	19.1%	14.3%	11.7%
Liquidity
Current ratio	1.79	2.04	1.40	1.23	1.36	1.51
Quick ratio	1.28	1.52	0.90	0.74	0.83	1.03
Cash ratio	0.67	0.84	0.17	0.14	0.23	0.30
Leverage
Debt / Equity	0.35	0.36	0.59	0.97	0.72	0.92
Debt / Assets	0.20	0.20	0.26	0.27	0.29	0.34
Debt / EBITDA	1.50	1.64	1.78	1.74	1.92	2.56
Interest coverage	12.5x	9.2x	10.4x	11.8x	12.1x	8.3x
Equity multiplier	1.81	1.80	2.22	3.59	2.48	2.70
Liabilities / Assets	-	-	-	-	-	-
Efficiency
Asset turnover	0.60	0.62	0.74	0.78	0.76	0.73
Inventory turnover	3.83	4.18	4.37	3.98	4.15	5.04
Days sales outstanding	62d	64d	62d	65d	62d	62d
Days inventory outstanding	95d	87d	84d	92d	88d	72d
Days payable outstanding	66d	65d	65d	72d	79d	74d
Cash conversion cycle	92d	86d	80d	85d	71d	61d
Valuation
P / E	24.6x	9.6x	20.5x	18.2x	23.5x	26.9x
P / B	3.6x	3.7x	4.2x	6.4x	6.3x	5.4x
P / S	3.3x	3.4x	2.6x	2.3x	3.3x	2.7x
EV / EBITDA	15.9x	17.3x	14.4x	13.0x	18.4x	17.3x
Growth
Revenue growth (YoY)	4.5%	-8.2%	-0.8%	7.6%	18.3%	-2.0%
Revenue CAGR (3y)	-1.7%	-0.7%	8.1%	7.6%	9.4%	-5.1%
Revenue CAGR (5y)	3.9%	2.6%	6.9%	1.7%	3.1%	-0.8%
Gross profit growth (YoY)	8.8%	-4.1%	0.7%	3.2%	20.0%	-5.6%
Operating income growth (YoY)	13.8%	-11.7%	-0.9%	7.6%	37.4%	-4.3%
Net income growth (YoY)	-59.4%	155.2%	-0.8%	-5.2%	64.4%	0.8%
EPS growth (YoY)	-59.2%	158.6%	1.3%	-4.1%	64.7%	2.0%
EPS CAGR (3y)	2.3%	36.0%	17.0%	17.2%	27.3%	-3.0%
EPS CAGR (5y)	11.1%	33.4%	14.9%	7.6%	19.0%	-3.0%
FCF growth (YoY)	21.5%	-19.5%	95.6%	-37.3%	-0.6%	23.8%
FCF CAGR (5y)	3.5%	3.9%	13.1%	-1.3%	6.0%	3.4%
Book value growth (YoY)	6.5%	36.2%	68.4%	-27.6%	23.7%	11.6%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$8.10B total

Pumps 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 total

US$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%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

5/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
✗Long-term debt decreased
✗Current ratio improved
✓No share dilution
✓Gross margin improved
✗Asset turnover improved

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