Dover Corporation DOV

191.88 3.99 2.12% as of 25 Sep
Market cap
$25.3B
P/E
22.9×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Dover Corporation (DOV) Gross margin

Dover Corporation's gross margin over the twelve months to 30 June 2026 was 39.6%, down 0.2 percentage points from fiscal 2025 (39.8%). Over the past ten years it has ranged from 36.6% (fiscal 2018) to 39.8% (fiscal 2025) — the current reading is the highest in ten years. That is above the Specialty Industrial Machinery industry median of 35.9% and above the Industrials sector median of 30.5%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 39.8% 1.57
FY2024 38.2% 0.88
FY2023 37.3% 0.29
FY2022 37.0% (0.53)
FY2021 37.6% 0.54
FY2020 37.0% 0.29
FY2019 36.7% 0.12
FY2018 36.6% (0.47)
FY2017 37.1% 0.22
FY2016 36.9% (0.06)

Quarterly

Period Gross margin Change (points)
Jun 2026 40.2% 1.35
Mar 2026 38.9% (0.24)
Dec 2025 39.1% (1.02)
Sep 2025 40.1% 0.20
42 more quarters

Against its own ten years

Low 36.6% High 39.8%
Ten-year median 37.0%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
NDSN Nordson Corporation compare 55.3%
ROK Rockwell Automation, Inc. compare 49.1%
IEX IDEX Corporation compare 44.7%
IR Ingersoll Rand Inc. compare 42.8%
DOV Dover Corporation 39.6%
XYL Xylem Inc. compare 39.2%
ITT ITT Inc. compare 35.0%
OTIS Otis Worldwide Corporation compare 30.2%
SYM Symbotic Inc. compare 21.3%
Specialty Industrial Machinery industry median 35.9%
Industrials sector median 30.5%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on DOV