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.
Follow DOV
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
Embed this chart
Annual newest first
| 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 newest first
| 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 | Free account |
Against its own ten years
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 | 46.2% |
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
More on DOV
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement