Dover Corporation logo

Dover Corporation

DOV

NYSEIndustrialsIndustrial - Machinery

Previous close

$201.92

+$2.04 · +1.02%

Aug 21, 4:00 PM ET

DOV company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

71

Undervalued

Momentum

46

Neutral

Sentiment

61

Bullish

Risk resilience

73

Moderate Risk

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Company profile

Company website

Dover Corporation operates as a global enterprise, supplying a wide array of industrial equipment, essential components, consumable products, replacement parts, software and digital platforms, and comprehensive support services. Its Engineered Products division delivers diverse machinery, parts, software, and solutions tailored for various industries, including automotive aftermarket service, waste management, industrial automation, aerospace and defense, heavy-duty winching and hoisting, and fluid dispensing. This segment also manufactures specific items such as manual and power clamps, rotary and linear mechanical indexers, conveyors, robotic pick-and-place units, glove ports, manipulators, and end-of-arm tooling like grippers, slides, and end effectors. The Clean Energy & Fueling segment focuses on providing components, equipment, software, and services crucial for the secure transportation of both traditional and sustainable fuels, along with other hazardous materials, throughout the supply chain. It further supports the operations of convenience retail outlets, fuel stations, and vehicle wash establishments. Through its Imaging and Identification segment, Dover offers solutions for precision marking and coding, intelligent packaging, product traceability, brand protection, and digital textile printing equipment. These offerings, along with associated consumables, software, and services, cater to markets like packaged and consumer goods, pharmaceuticals, industrial manufacturing, and fashion and apparel. The Pumps and Process Solutions segment is responsible for producing specialized pumps, connectors, flow meters, fluid connection systems, plastics and polymer processing machinery, and custom-engineered components for rotating and reciprocating equipment. Finally, the Climate & Sustainability Technologies segment manufactures advanced refrigeration systems, commercial refrigeration display cases, glass doors for refrigerators and freezers, and brazed plate heat exchangers, serving applications in industrial heating and cooling as well as residential climate control. Dover distributes its extensive product portfolio through both direct sales channels and a broad network of distributors. The company was founded in 1947 and maintains its headquarters in Downers Grove, Illinois.

Industry
Industrial - Machinery
Sector
Industrials
Headquarters
US
CEO
Richard Joseph Tobin
Listed since
Mar 17, 1980
Employees
24,000

Market position

Day range

Current $201.92

52-week range

Current $201.92

Open
$201.18
Previous close
$199.88
Volume
549.91K
0.52× average
Average volume
1.05M
Average daily volume
Market cap
27.19B USD
Beta
1.16
Market reference 1
50-day average
$212.59
-5.02% below average
200-day average
$209.22
-3.49% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
28.9B USD
EV / EBITDA
15.51×
Earnings yield
4.08%
Free cash flow yield
4.17%

Profitability & efficiency

Return on equity
14.77%
Return on assets
8.15%
Return on invested capital
9.40%

Financial health

Current ratio
1.79×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends42%32%21%11%Gross margin, FY2021: 37.56%Gross margin, FY2022: 37.03%Gross margin, FY2023: 37.32%Gross margin, FY2024: 38.20%Gross margin, FY2025: 39.77%Operating margin, FY2021: 16.21%Operating margin, FY2022: 16.31%Operating margin, FY2023: 15.87%Operating margin, FY2024: 15.57%Operating margin, FY2025: 16.97%Net margin, FY2021: 14.21%Net margin, FY2022: 13.58%Net margin, FY2023: 13.75%Net margin, FY2024: 34.82%Net margin, FY2025: 13.52%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 37.56%. Gross margin FY2022 37.03%. Gross margin FY2023 37.32%. Gross margin FY2024 38.20%. Gross margin FY2025 39.77%. Operating margin FY2021 16.21%. Operating margin FY2022 16.31%. Operating margin FY2023 15.87%. Operating margin FY2024 15.57%. Operating margin FY2025 16.97%. Net margin FY2021 14.21%. Net margin FY2022 13.58%. Net margin FY2023 13.75%. Net margin FY2024 34.82%. Net margin FY2025 13.52%.

Income trends

Revenue

8.09B USD+4.48%

Operating income

1.37B USD+13.84%

Net income

1.09B USD-59.44%
Income trends across reported periods8.8B USD5.98B USD3.17B USD353.25M USDRevenue, FY2021: 7.91B USDRevenue, FY2022: 7.84B USDRevenue, FY2023: 7.68B USDRevenue, FY2024: 7.75B USDRevenue, FY2025: 8.09B USDOperating income, FY2021: 1.28B USDOperating income, FY2022: 1.28B USDOperating income, FY2023: 1.22B USDOperating income, FY2024: 1.21B USDOperating income, FY2025: 1.37B USDNet income, FY2021: 1.12B USDNet income, FY2022: 1.07B USDNet income, FY2023: 1.06B USDNet income, FY2024: 2.7B USDNet income, FY2025: 1.09B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 7.91B USD. Revenue FY2022 7.84B USD. Revenue FY2023 7.68B USD. Revenue FY2024 7.75B USD. Revenue FY2025 8.09B USD. Operating income FY2021 1.28B USD. Operating income FY2022 1.28B USD. Operating income FY2023 1.22B USD. Operating income FY2024 1.21B USD. Operating income FY2025 1.37B USD. Net income FY2021 1.12B USD. Net income FY2022 1.07B USD. Net income FY2023 1.06B USD. Net income FY2024 2.7B USD. Net income FY2025 1.09B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue8.09B USD7.75B USD7.68B USD7.84B USD7.91B USD
Cost of goods sold4.87B USD4.79B USD4.82B USD4.94B USD4.94B USD
Gross profit3.22B USD2.96B USD2.87B USD2.9B USD2.97B USD
Selling, general, and administrative1.84B USD1.75B USD1.65B USD1.63B USD1.69B USD
Operating expenses1.84B USD1.75B USD1.65B USD1.63B USD1.69B USD
Interest income73.03M USD37.16M USD13.5M USD4.43M USD4.44M USD
Interest expense109.77M USD131.17M USD131.31M USD116.46M USD106.32M USD
Depreciation and amortization379.58M USD337.84M USD305.05M USD295.66M USD290.12M USD
Operating income1.37B USD1.21B USD1.22B USD1.28B USD1.28B USD
Net income1.09B USD2.7B USD1.06B USD1.07B USD1.12B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 1 miss, 1 met estimate
Average EPS surprise
+2.09%
11 comparable reports
Latest EPS result
2.74
Estimate 2.72 · Beat by 0.74%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.972.62.241.87Q1 '25MetQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 30, 2025: actual 2.2, estimate 2.2, surprise 0.00%, Met estimate. Q2 2025, reported Apr 24, 2025: actual 2.05, estimate 1.98, surprise +3.54%, Beat. Q3 2025, reported Jul 24, 2025: actual 2.44, estimate 2.39, surprise +2.09%, Beat. Q4 2025, reported Oct 23, 2025: actual 2.62, estimate 2.51, surprise +4.38%, Beat. Q1 2026, reported Jan 29, 2026: actual 2.51, estimate 2.49, surprise +0.80%, Beat. Q2 2026, reported Apr 23, 2026: actual 2.28, estimate 2.27, surprise +0.44%, Beat. Q3 2026, reported Jul 23, 2026: actual 2.74, estimate 2.72, surprise +0.74%, Beat. Q4 2026, reported Oct 22, 2026: actual —, estimate 2.86, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates2.3B2.13B1.95B1.78BQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Jan 30, 2025: actual 1.93B USD, estimate 1.95B USD, surprise -1.12%, Miss. Q2 2025, reported Apr 24, 2025: actual 1.87B USD, estimate 1.88B USD, surprise -0.54%, Miss. Q3 2025, reported Jul 24, 2025: actual 2.05B USD, estimate 2.04B USD, surprise +0.46%, Beat. Q4 2025, reported Oct 23, 2025: actual 2.08B USD, estimate 2.11B USD, surprise -1.51%, Miss. Q1 2026, reported Jan 29, 2026: actual 2.1B USD, estimate 2.09B USD, surprise +0.62%, Beat. Q2 2026, reported Apr 23, 2026: actual 2.05B USD, estimate 2B USD, surprise +2.51%, Beat. Q3 2026, reported Jul 23, 2026: actual 2.19B USD, estimate 2.21B USD, surprise -0.84%, Miss. Q4 2026, reported Oct 22, 2026: actual —, estimate 2.21B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$244.78

21.23% upside
Past 12 months12-month forecastHigh $270Average $244.78Low $227

Rating distribution

28 ratings
Strong buy00%
Buy1968%
Hold932%
Sell00%
Strong sell00%

DOV news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$2.07

2025 complete year+4.0% since 2021

2026 partial: $1.04

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Aug 31, 2026

$0.525

Quarterly

Record Aug 31, 2026 · Payment Sep 15, 2026

Dividend

Ex-dividend May 29, 2026

$0.52

Quarterly

Record May 29, 2026 · Payment Jun 15, 2026

Dividend

Ex-dividend Feb 27, 2026

$0.52

Quarterly

Record Feb 27, 2026 · Payment Mar 13, 2026

Dividend

Ex-dividend Nov 28, 2025

$0.52

Quarterly

Record Nov 28, 2025 · Payment Dec 15, 2025

Dividend

Ex-dividend Aug 29, 2025

$0.52

Quarterly

Record Aug 29, 2025 · Payment Sep 15, 2025

Dividend

Ex-dividend May 30, 2025

$0.515

Quarterly

Record May 30, 2025 · Payment Jun 16, 2025

DOV peers

ETFs holding DOV

Funds reporting this stock among their holdings, ordered by reported position size.

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