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) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Dover Corporation (DOV) trades at a P/E ratio of 23.4×. 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 28.4× and below the Industrials sector median of 24.7×.

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× 18.12%
FY2017 15.8× (16.23%)
FY2016 18.8× 109.79%

Quarterly newest first

Period P/E ratio Change
Jun 2026 26.8× 3.86%
Mar 2026 25.8× 5.58%
Dec 2025 24.5× 140.22%
Sep 2025 10.2× (7.12%)
42 more quarters

Against its own ten years

Low 7.7× High 29.8×
Ten-year median 17.9×
Current reading's percentile 73

P/E ratio against peers

Company P/E ratio
OTIS Otis Worldwide Corporation compare 18.2×
DOV Dover Corporation 23.4×
XYL Xylem Inc. compare 24.8×
IR Ingersoll Rand Inc. compare 31.7×
NDSN Nordson Corporation compare 32.5×
IEX IDEX Corporation compare 33.8×
ITT ITT Inc. compare 38.7×
ROK Rockwell Automation, Inc. compare 39.9×
SYM Symbotic Inc. compare 388×
Specialty Industrial Machinery industry median 28.4×
Industrials sector median 24.7×
Market median 18.1×

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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