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.

Revenue
+7.51%
EPS
+12.7%
Free cash flow
+3.58%
Total debt
+22.3%

Quarter to September 2026, against a year earlier

203.32 9.34 −4.39%
Market cap
$26.9B
P/E
23.5×
Fwd P/E
22.9×
Dividend yield
1.03%
F-score
6/9
Altman Z
5.27
Beneish M
−2.56
Dividend safety
86/100

Dover Corporation (DOV) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Dover Corporation (DOV) trades at a P/E ratio of 23.5×. Over the past ten years it has ranged from 7.7× (January 2016) to 29.8× (May 2021); the current reading is higher than 76% of that period. That is below the Specialty Industrial Machinery industry median of 25.6× and in line with the Industrials sector median of 23.3×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 24.5× 155.62%
FY2024 9.6× (52.24%)
FY2023 20.0× 10.84%
FY2022 18.1× (22.24%)
FY2021 23.3× (12.52%)
FY2020 26.6× 7.69%
FY2019 24.7× 32.54%
FY2018 18.6× 17.67%
FY2017 15.8× (16.22%)
FY2016 18.9× 110.57%

Quarterly newest first

Period P/E ratio Change
Sep 2026 21.6× (19.30%)
Jun 2026 26.8× 3.86%
Mar 2026 25.8× 5.58%
Dec 2025 24.5× 140.22%
43 more quarters

Against its own ten years

Low 7.7× High 29.8×
Ten-year median 18.0×
Current reading's percentile 74

P/E ratio against peers

Company P/E ratio
OTIS Otis Worldwide Corporation compare 19.6×
XYL Xylem Inc. compare 22.1×
IR Ingersoll Rand Inc. compare 22.9×
DOV Dover Corporation 23.5×
IEX IDEX Corporation compare 30.8×
NDSN Nordson Corporation compare 31.3×
ROK Rockwell Automation, Inc. compare 35.6×
ITT ITT Inc. compare 40.5×
SYM Symbotic Inc. compare 354×
Specialty Industrial Machinery industry median 25.6×
Industrials sector median 23.3×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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