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.
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Dover Corporation (DOV) Operating margin
Dover Corporation's operating margin over the twelve months to 30 June 2026 was 16.9%, down 0.1 percentage points from fiscal 2025 (17.0%). Over the past ten years it has ranged from 11.7% (fiscal 2016) to 17.0% (fiscal 2025) — the current reading is the highest in ten years. That is above the Specialty Industrial Machinery industry median of 11.2% and above the Industrials sector median of 5.13%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 17.0% | 1.40 |
| FY2024 | 15.6% | (0.30) |
| FY2023 | 15.9% | (0.44) |
| FY2022 | 16.3% | 0.10 |
| FY2021 | 16.2% | 2.25 |
| FY2020 | 14.0% | 0.30 |
| FY2019 | 13.7% | 1.60 |
| FY2018 | 12.1% | 0.23 |
| FY2017 | 11.8% | 0.10 |
| FY2016 | 11.7% | (1.51) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 17.9% | 2.99 |
| Mar 2026 | 14.9% | (1.55) |
| Dec 2025 | 16.5% | (1.70) |
| Sep 2025 | 18.2% | 0.85 |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| NDSN Nordson Corporation compare | 26.9% |
| IEX IDEX Corporation compare | 20.7% |
| IR Ingersoll Rand Inc. compare | 18.1% |
| DOV Dover Corporation | 16.9% |
| ROK Rockwell Automation, Inc. compare | 16.2% |
| OTIS Otis Worldwide Corporation compare | 15.4% |
| XYL Xylem Inc. compare | 14.5% |
| ITT ITT Inc. compare | 14.4% |
| SYM Symbotic Inc. compare | −0.01% |
| Specialty Industrial Machinery industry median | 11.2% |
| Industrials sector median | 5.13% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on DOV
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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