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) Gross margin

Alert me on 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

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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

Against its own ten years

Low 36.6% High 39.8%
Ten-year median 37.0%
Current reading's percentile 95

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

The full definition of Gross margin →

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