Dover Corporation

DOV Industrials Specialty Industrial Machinery

Dover Corporation’s revenue for fiscal 2025 (year ended December 2025) was $8.1 billion, up 4.48% from fiscal 2024. In the quarter to June 2026, revenue grew 6.85%, EPS grew 14.3%, free cash flow grew 22.7% and total debt rose 22.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years.

195.80 1.71 +0.88%
Market cap
$26.1B
P/E
23.4×
Fwd P/E
23.7×
Dividend yield
1.06%
F-score
6/9
Altman Z
5.27
Beneish M
−2.56
Dividend safety
86/100

Dover Corporation (DOV) Debt to equity

Alert me on Debt to equity

Dover Corporation's debt to equity at the end of the quarter to 30 June 2026 was 0.4×, up 0.1× from fiscal 2025 (0.4×). Over the past ten years it has ranged from 0.4× (fiscal 2025) to 1.1× (fiscal 2018) — the current reading is the lowest in ten years. That is above the Specialty Industrial Machinery industry median of 0.3× and above the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.4× (2.67%)
FY2024 0.4× (37.92%)
FY2023 0.6× (14.65%)
FY2022 0.7× (4.72%)
FY2021 0.7× (21.53%)
FY2020 0.9× (6.73%)
FY2019 1.0× (7.40%)
FY2018 1.1× 56.03%
FY2017 0.7× (19.26%)
FY2016 0.8× 18.13%

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.4× (3.66%)
Mar 2026 0.4× (2.25%)
Dec 2025 0.4× 28.95%
Sep 2025 0.3× (2.82%)
42 more quarters

Against its own ten years

Low 0.4× High 1.1×
Ten-year median 0.7×
Current reading's percentile 9

Debt to equity against peers

Company Debt to equity
OTIS Otis Worldwide Corporation compare −1.5×
SYM Symbotic Inc. compare 0.0×
XYL Xylem Inc. compare 0.3×
DOV Dover Corporation 0.4×
IEX IDEX Corporation compare 0.5×
IR Ingersoll Rand Inc. compare 0.5×
NDSN Nordson Corporation compare 0.5×
ROK Rockwell Automation, Inc. compare 0.7×
ITT ITT Inc. compare 0.8×
Specialty Industrial Machinery industry median 0.3×
Industrials sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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