Dover DOV
- Market cap
- $26.8B
- PE
- 24.0×
- 10y median 19.2×
- Forward PE
- 17.7×
- 10y median 17.8×
- Price to sales
- 3.2×
- EV/EBIT
- 19.9×
- Revenue, 12 months
- $8.4B
- +8% on a year ago
- Net margin
- 13.5%
- Free cash flow yield
- 4.4%
Dover trades at 24.0× trailing earnings, pricier than 72% of the last ten years. Revenue was $8.4B over the last twelve months, up 8% on a year earlier with a 13% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $2B−9% | $2.1B−2% | $1.9B−9% | $1.9B−7% | $2B+1% | $1.9B−8% | $1.9B−1% | $2B+5% | $2.1B+5% | $2.1B+9% | $2.1B+10% | $2.2B+7% | |
| Cost of revenue | $1.2B−12% | $1.3B−4% | $1.2B−11% | $1.2B−11% | $1.2B+0% | $1.2B−10% | $1.1B−6% | $1.2B+3% | $1.2B+2% | $1.3B+8% | $1.3B+12% | $1.3B+6% |
| Gross profit | $739.4M−4% | $785.8M+3% | $697.2M−7% | $752.5M−1% | $763.2M+3% | $745.7M−5% | $745.5M+7% | $818.3M+9% | $833.6M+9% | $820.8M+10% | $798.1M+7% | $880.6M+8% |
| SG&A | $402.8M+0% | $431.3M+4% | $443M+2% | $429.1M−1% | $429.6M+7% | $450.7M+5% | $449.2M+1% | $463.7M+8% | $456.4M+6% | $475.5M+6% | $492.2M+10% | $488.8M+5% |
| $336.5M−9% | $354.5M+1% | $254.2M−19% | $323.5M−0% | $333.6M−1% | $295.1M−17% | $296.3M+17% | $354.6M+10% | $377.2M+13% | $345.3M+17% | $305.9M+3% | $391.8M+11% | |
| Interest expense | $32.4M+9% | $30.9M−7% | $36.4M+6% | $32.4M−4% | $34.1M+5% | $28.3M−8% | $27.6M−24% | $26.8M−17% | $27.2M−20% | $28.1M−1% | $29.5M+7% | $29.1M+9% |
| Pre-tax income | $318.2M−10% | $329.2M+2% | $759.7M+165% | $307.4M+2% | $386.3M+21% | $303.6M−8% | $295.4M−61% | $352.1M+15% | $386.2M+0% | $340.5M+12% | $298.9M+1% | $387.7M+10% |
| $56.3M−16% | $33M−45% | $157.6M+173% | $60.8M+5% | $73.4M+31% | $65.3M+98% | $56.1M−64% | $72M+18% | $83M+13% | $65.8M+1% | $60.2M+7% | $75.2M+4% | |
| Net income | $289.8M+1% | $296.3M+12% | $632.2M+177% | $281.8M+16% | $347.1M+20% | $1.4B+385% | $230.8M−64% | $279.1M−1% | $302M−13% | $282.1M−80% | $238.4M+3% | $312.2M+12% |
| $2.06+3% | $2.11+13% | $4.52+177% | $2.04+19% | $2.51+22% | $10.38+392% | $1.67−63% | $2.02−1% | $2.19−13% | $2.06−80% | $1.75+5% | $2.30+14% | |
| 140.6M−2% | 140.6M−0% | 139.9M−1% | 138.4M−2% | 138.2M−2% | 138.3M−2% | 138.3M−1% | 138M−0% | 138M−0% | 136.8M−1% | 135.9M−2% | 135.6M−2% |
EPS, diluted: 8 periods, Q4 FY08 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 18 periods, Q4 FY08 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $2.2B | $2.2B to $2.2B | $2.85 | $2.79 to $2.91 | 11 |
| Q4 FY26 | $2.2B | $2.2B to $2.3B | $2.80 | $2.74 to $2.87 | 11 |
| Q1 FY27 | $2.2B | $2.1B to $2.2B | $2.59 | $2.54 to $2.66 | 7 |
| Q2 FY27 | $2.3B | $2.3B to $2.4B | $3.04 | $3.00 to $3.09 | 2 |
| Q3 FY27 | $2.4B | $2.3B to $2.4B | $3.14 | $3.09 to $3.19 | 2 |
| Q4 FY27 | $2.4B | $2.3B to $2.4B | $3.07 | $3.03 to $3.12 | 5 |
| Q1 FY28 | $2.2B | $2.1B to $2.2B | $2.70 | $2.66 to $2.75 | 6 |
| Q2 FY28 | $2.3B | $2.3B to $2.4B | $3.06 | $3.01 to $3.11 | 5 |
Peers
Companies in Industrial - Machinery nearest Dover's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| DOVDover | $26.8B | 24.0× | 19.2× | 17.7× | 3.2× | +8% | 13.5% |
| XYLXylem | $25.4B | 25.9× | 37.5× | 18.6× | 2.8× | +5% | 11.2% |
| IRIngersoll Rand | $28.5B | 30.2× | 39.8× | 19.6× | 3.6× | +8% | 12.1% |
| OTISOtis Worldwide | $28.6B | 19.3× | 26.4× | 17.5× | 1.9× | +5% | 10.2% |
| SYMSymbotic | $23.8B | 436× | 467× | 110× | 9.0× | +21% | 0.5% |
| NDSNNordson | $17.8B | 32.2× | 27.5× | n/m | 6.0× | +7% | 18.6% |
| ITTITT | $17B | 37.3× | 22.4× | n/m | 3.6× | +28% | 8.9% |
| IEXIDEX | $16.9B | 32.9× | 30.1× | n/m | 4.7× | +7% | 14.5% |
| CARRCarrier Global | $46.4B | 39.1× | 18.8× | 18.6× | 2.1× | −2% | 5.5% |
| ROKRockwell Automation | $47.3B | 39.9× | 30.6× | 29.3× | 5.3× | +11% | 13.4% |
| RBCRBC Bearings INC | $14.9B | 46.6× | 41.0× | n/m | 7.6× | +17% | 16.4% |
| Peer median | $24.6B | 35.1× | 30.4× | 19.1× | 4.1× | +8% | 11.6% |
Investors who own it
Investors we follow who held Dover at the end of Jun 30, 2026, from their 13F filings.
- Tom RussoGardner Russo & Quinn0.0% of portfoliotrimmed
- Bill NygrenHarris Associates (Oakmark)0.0% of portfoliotrimmed
More on Dover
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #9of 67Industrial stocks with the lowest forward PE
- #4of 14Industrial machinery stocks with the lowest forward PE
- #6of 13Industrial machinery stocks with the lowest PEG ratio
- #8of 14Industrial machinery stocks with the fastest expected revenue growth
- #9of 13Industrial machinery stocks with the highest dividend yields
Its groups
About
- Industry
- Industrial - Machinery
- Sector
- Industrials
Valuation data, not investment advice. Prices as of .