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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Dover Corporation (DOV) trades at a price to free cash flow of 22.9×. Over the past ten years it has ranged from 7.6× (August 2015) to 42.5× (February 2023); the current reading is higher than 65% of that period. That is in line with the Specialty Industrial Machinery industry median of 23.8× and above the Industrials sector median of 19.6×.

Price to free cash flow, daily

Embed this chart

Annual newest first

Period Price to free cash flow Change
FY2025 23.8× 55.53%
FY2024 15.3× (25.20%)
FY2023 20.5× (43.16%)
FY2022 36.0× 30.97%
FY2021 27.5× 42.94%
FY2020 19.2× (12.42%)
FY2019 21.9× 28.79%
FY2018 17.0× (22.87%)
FY2017 22.1× 40.15%
FY2016 15.8× 63.44%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 21.1× (17.87%)
Jun 2026 25.7× 4.24%
Mar 2026 24.6× 3.57%
Dec 2025 23.8× 6.30%
43 more quarters

Against its own ten years

Low 7.6× High 42.5×
Ten-year median 21.5×
Current reading's percentile 65

Price to free cash flow against peers

Company Price to free cash flow
SYM Symbotic Inc. compare 5.7×
OTIS Otis Worldwide Corporation compare 17.9×
IR Ingersoll Rand Inc. compare 20.8×
DOV Dover Corporation 22.9×
NDSN Nordson Corporation compare 23.9×
IEX IDEX Corporation compare 24.6×
XYL Xylem Inc. compare 24.8×
ITT ITT Inc. compare 27.3×
ROK Rockwell Automation, Inc. compare 28.1×
Specialty Industrial Machinery industry median 23.8×
Industrials sector median 19.6×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

More on DOV