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) Return on invested capital
Dover Corporation's return on invested capital over the twelve months to 30 June 2026 was 9.64%, down 0.6 percentage points from fiscal 2025 (10.3%). Over the past ten years it has ranged from 6.66% (fiscal 2016) to 11.7% (fiscal 2021); the current reading is higher than 73% of that period. That is above the Specialty Industrial Machinery industry median of 5.36% and above the Industrials sector median of 2.30%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 10.3% | 0.41 |
| FY2024 | 9.87% | (0.03) |
| FY2023 | 9.90% | (1.78) |
| FY2022 | 11.7% | (0.06) |
| FY2021 | 11.7% | 1.99 |
| FY2020 | 9.75% | (1.09) |
| FY2019 | 10.8% | 0.93 |
| FY2018 | 9.91% | 2.29 |
| FY2017 | 7.62% | 0.96 |
| FY2016 | 6.66% | (3.12) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| OTIS Otis Worldwide Corporation compare | 69.4% |
| ROK Rockwell Automation, Inc. compare | 14.7% |
| NDSN Nordson Corporation compare | 10.2% |
| DOV Dover Corporation | 9.64% |
| IEX IDEX Corporation compare | 8.84% |
| XYL Xylem Inc. compare | 6.84% |
| IR Ingersoll Rand Inc. compare | 6.48% |
| ITT ITT Inc. compare | 5.35% |
| SYM Symbotic Inc. compare | 0.00% |
| Specialty Industrial Machinery industry median | 5.36% |
| Industrials sector median | 2.30% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on DOV
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating 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
- 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