DOVDover Corporation

Industrials · Construction Machinery · NYSE

Employees: 24,000
Headquarters: Downers Grove, IL
CEO: Richard J. Tobin
Next results: around Jan 28, 2027

DOV and 9 peers, year by year

The 9 Industrials companies closest to DOV in revenue over the last twelve months. Every number is from the 10-K and links to it in SEC's Inline XBRL viewer.

5 years 10 years Download CSV

Choose the peers

Each company's latest fiscal year
Company	Year	Revenue	Sales growth	Gross margin	Operating margin	Net margin	FCF margin	Return on equity	Debt / equity
DOV Dover Corporation	FY2025	$8.1B	+4.5%	39.8%	17.0%	13.5%	13.8%	14.8%	0.54
AME Ametek	FY2025	$7.4B	+6.6%	-	25.8%	20.0%	22.6%	13.9%	0.33
ROK Rockwell Automation	FY2025	$8.3B	+0.9%	48.1%	20.4%	10.4%	16.3%	23.8%	0.88
XYL Xylem Inc.	FY2025	$9.0B	+5.5%	38.5%	13.5%	10.6%	10.1%	8.3%	0.22
FDXF FedEx Freight	FY2026	$8.8B	−1.1%	-	6.1%	7.4%	−2.4%	n/m	n/m
FAST Fastenal	FY2025	$8.2B	+8.7%	45.0%	20.2%	15.3%	12.8%	31.9%	0.03
IR Ingersoll Rand	FY2025	$7.7B	+5.7%	43.6%	15.0%	7.6%	15.9%	5.8%	0.47
MAS Masco	FY2025	$7.6B	−3.4%	35.4%	16.5%	10.7%	11.5%	n/m	n/m
BR Broadridge Financial Solutions	FY2026	$7.5B	+8.5%	-	17.4%	15.0%	17.1%	39.6%	1.15
HWM Howmet Aerospace	FY2025	$8.3B	+11.1%	-	24.8%	18.3%	17.3%	28.2%	0.57

Revenuepeer median $8.2B

Sales growthpeer median +5.7%

Gross marginpeer median 43.6%

ROK 48.1%
FAST 45.0%
IR 43.6%
DOV 39.8%
XYL 38.5%
MAS 35.4%
AME -
FDXF -
BR -
HWM -

Operating marginpeer median 17.4%

Net marginpeer median 10.7%

FCF marginpeer median 15.9%

Return on equitypeer median 23.8%

Debt / equitypeer median 0.47

BR 1.15
ROK 0.88
HWM 0.57
DOV 0.54
IR 0.47
AME 0.33
XYL 0.22
FAST 0.03
FDXF n/m
MAS n/m

RevenueSales growthGross marginOperating marginNet marginFree cash flowFCF marginReturn on equityDebt / equityEPS (diluted)

Revenue, FY2016 to FY2025

Revenue as reported in the 10-K.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
DOV Dec	$6.8B	$7.8B	$7.0B	$7.1B	$6.7B	$7.9B	$7.8B	$7.7B	$7.7B	$8.1B
AME Dec	$3.8B	$4.3B	$4.8B	$5.2B	$4.5B	$5.5B	$6.2B	$6.6B	$6.9B	$7.4B
ROK Sep	$5.9B	$6.3B	$6.7B	$6.7B	$6.3B	$7.0B	$7.8B	$9.1B	$8.3B	$8.3B
XYL Dec	$3.8B	$4.7B	$5.2B	$5.2B	$4.9B	$5.2B	$5.5B	$7.4B	$8.6B	$9.0B
FDXF May	-	-	-	-	-	-	-	-	$9.4B	$8.9B
FAST Dec	$4.0B	$4.4B	$5.0B	$5.3B	$5.6B	$6.0B	$7.0B	$7.3B	$7.5B	$8.2B
IR Dec	$1.9B	$2.4B	$2.7B	$2.0B	$4.0B	$5.2B	$5.9B	$6.9B	$7.2B	$7.7B
MAS Dec	$7.4B	$7.6B	$6.7B	$6.7B	$7.2B	$8.4B	$8.7B	$8.0B	$7.8B	$7.6B
BR Jun	$2.9B	$4.1B	$4.3B	$4.4B	$4.5B	$5.0B	$5.7B	$6.1B	$6.5B	$6.9B
HWM Dec	$12.4B	$13.0B	$6.8B	$7.1B	$5.3B	$5.0B	$5.7B	$6.6B	$7.4B	$8.3B
Peer median	$3.9B	$4.5B	$5.1B	$5.3B	$5.1B	$5.4B	$6.0B	$7.1B	$7.5B	$8.2B

Sales growth, FY2016 to FY2025

Revenue against the fiscal year before.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
DOV Dec	−2.3%	+12.9%	+2.5%	+2.1%	−6.3%	+18.3%	+7.6%	−2.0%	+0.8%	+4.5%
AME Dec	−3.4%	+12.0%	+12.7%	+6.5%	−12.0%	+22.2%	+10.9%	+7.3%	+5.2%	+6.6%
ROK Sep	−6.8%	+7.3%	+5.6%	+0.4%	−5.5%	+10.5%	+10.9%	+16.7%	−8.8%	+0.9%
XYL Dec	+3.2%	+24.8%	+10.6%	+0.8%	−7.1%	+6.5%	+6.3%	+33.4%	+16.3%	+5.5%
FDXF May	-	-	-	-	-	-	-	-	-	−5.6%
FAST Dec	+2.4%	+10.8%	+13.1%	+7.4%	+5.9%	+6.4%	+16.1%	+5.2%	+2.7%	+8.7%
IR Dec	−8.8%	+22.5%	+13.2%	−8.8%	+96.9%	+29.7%	+14.8%	+16.2%	+5.2%	+5.7%
MAS Dec	+3.0%	+3.8%	+10.6%	+0.8%	+7.2%	+16.5%	+3.6%	−8.2%	−1.7%	−3.4%
BR Jun	-	+43.0%	+4.5%	+0.7%	+3.8%	+10.3%	+14.3%	+6.2%	+7.4%	+5.9%
HWM Dec	-	+4.6%	+8.1%	+4.7%	−25.9%	−5.5%	+13.9%	+17.3%	+11.9%	+11.1%
Peer median	−0.5%	+11.4%	+10.6%	+0.8%	−0.8%	+10.4%	+12.4%	+11.7%	+5.2%	+5.7%

Gross margin, FY2016 to FY2025

Gross profit / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
DOV Dec	32.8%	32.3%	36.6%	36.7%	37.0%	37.6%	37.0%	37.3%	38.2%	39.8%
AME Dec	-	-	-	-	-	-	-	-	-	-
ROK Sep	42.1%	42.3%	43.3%	43.3%	41.0%	41.4%	40.0%	48.8%	46.6%	48.1%
XYL Dec	38.8%	39.2%	38.9%	39.0%	37.5%	38.0%	37.7%	36.9%	37.5%	38.5%
FDXF May	-	-	-	-	-	-	-	-	-	-
FAST Dec	49.6%	49.3%	48.3%	47.2%	45.5%	46.2%	46.1%	45.7%	45.1%	45.0%
IR Dec	37.0%	37.8%	37.6%	38.6%	35.4%	38.6%	39.3%	41.9%	43.8%	43.6%
MAS Dec	33.4%	29.0%	35.0%	35.4%	36.0%	34.2%	31.3%	35.6%	36.2%	35.4%
BR Jun	31.8%	24.9%	26.8%	28.2%	27.9%	28.5%	-	-	-	-
HWM Dec	-	-	-	-	-	-	-	-	-	-
Peer median	37.9%	38.5%	38.3%	38.8%	36.8%	38.3%	39.3%	41.9%	43.8%	43.6%

Operating margin, FY2016 to FY2025

Operating income / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
DOV Dec	10.4%	10.3%	12.1%	13.7%	14.0%	16.2%	16.3%	15.9%	15.6%	17.0%
AME Dec	20.6%	21.0%	22.2%	22.8%	22.6%	23.6%	24.4%	25.9%	25.6%	25.8%
ROK Sep	-	-	-	-	-	-	-	21.3%	19.3%	20.4%
XYL Dec	10.8%	11.7%	12.6%	9.3%	7.5%	11.3%	11.3%	8.9%	11.8%	13.5%
FDXF May	-	-	-	-	-	-	-	-	18.6%	15.8%
FAST Dec	20.1%	20.1%	20.1%	19.8%	20.2%	20.3%	20.8%	20.8%	20.0%	20.2%
IR Dec	5.3%	4.6%	16.5%	9.6%	1.5%	11.0%	13.8%	16.9%	18.0%	15.0%
MAS Dec	14.8%	13.5%	16.2%	16.2%	18.0%	16.8%	14.9%	16.9%	17.4%	16.5%
BR Jun	17.3%	12.8%	13.8%	15.0%	13.8%	13.6%	13.3%	15.4%	15.6%	17.3%
HWM Dec	7.7%	3.7%	11.4%	8.2%	11.9%	15.0%	16.2%	18.1%	22.0%	24.8%
Peer median	14.8%	12.8%	16.2%	15.0%	13.8%	15.0%	14.9%	17.5%	18.6%	17.3%

Net margin, FY2016 to FY2025

Net income / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
DOV Dec	7.5%	10.4%	8.2%	9.5%	10.2%	14.2%	13.6%	13.8%	34.8%	13.5%
AME Dec	13.3%	15.8%	16.1%	16.7%	19.2%	17.9%	18.9%	19.9%	19.8%	20.0%
ROK Sep	12.4%	13.1%	8.0%	10.4%	16.2%	19.4%	12.0%	15.3%	11.5%	10.4%
XYL Dec	6.9%	7.0%	10.5%	7.6%	5.2%	8.2%	6.4%	8.3%	10.4%	10.6%
FDXF May	-	-	-	-	-	-	-	-	16.7%	15.1%
FAST Dec	12.6%	13.2%	15.1%	14.8%	15.2%	15.4%	15.6%	15.7%	15.2%	15.3%
IR Dec	−1.9%	0.8%	10.0%	7.9%	−0.8%	10.9%	10.2%	11.3%	11.6%	7.6%
MAS Dec	6.7%	7.0%	11.0%	13.9%	17.0%	4.9%	9.7%	11.4%	10.5%	10.7%
BR Jun	10.6%	7.9%	9.9%	11.1%	10.2%	11.0%	9.4%	10.4%	10.7%	12.2%
HWM Dec	−7.6%	−0.6%	9.5%	6.6%	5.0%	5.2%	8.3%	11.5%	15.5%	18.3%
Peer median	8.8%	7.5%	10.3%	10.7%	12.7%	10.9%	10.0%	11.5%	11.6%	12.2%

Free cash flow, FY2016 to FY2025

Cash from operations minus capital spending.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
DOV Dec	$595.0M	$569.3M	$618.2M	$758.5M	$939.1M	$944.4M	$594.6M	$1.2B	$920.3M	$1.1B
AME Dec	$693.6M	$758.2M	$843.4M	$1.0B	$1.2B	$1.0B	$1.0B	$1.6B	$1.7B	$1.7B
ROK Sep	$830.4M	$892.3M	$1.2B	$1.0B	$1.0B	$1.1B	$682.0M	$1.2B	$639.0M	$1.4B
XYL Dec	$373.0M	$516.0M	$349.0M	$613.0M	$641.0M	$330.0M	$388.0M	$566.0M	$942.0M	$910.0M
FDXF May	-	-	-	-	-	-	-	-	$1.1B	$1.1B
FAST Dec	$330.4M	$465.3M	$497.9M	$596.3M	$933.7M	$613.5M	$767.2M	$1.3B	$946.8M	$1.1B
IR Dec	$91.2M	$143.7M	$392.3M	$305.4M	$872.3M	$563.7M	$770.8M	$1.3B	$1.2B	$1.2B
MAS Dec	$609.0M	$578.0M	$813.0M	$671.0M	$839.0M	$802.0M	$616.0M	$1.2B	$907.0M	$866.0M
BR Jun	$380.0M	$430.5M	$616.9M	$566.4M	$535.5M	$588.2M	$414.5M	$784.9M	$998.8M	$1.1B
HWM Dec	−$1.0B	−$635.0M	−$551.0M	−$180.0M	−$258.0M	$250.0M	$540.0M	$682.0M	$977.0M	$1.4B
Peer median	$376.5M	$490.6M	$557.4M	$604.6M	$855.6M	$600.9M	$649.0M	$1.2B	$977.0M	$1.1B

FCF margin, FY2016 to FY2025

Free cash flow / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
DOV Dec	8.8%	7.3%	8.8%	10.6%	14.1%	11.9%	7.6%	15.0%	11.9%	13.8%
AME Dec	18.1%	17.6%	17.4%	19.6%	26.6%	18.9%	16.4%	24.2%	24.5%	22.6%
ROK Sep	14.1%	14.1%	17.6%	15.7%	15.9%	16.3%	8.8%	13.4%	7.7%	16.3%
XYL Dec	9.9%	11.0%	6.7%	11.7%	13.1%	6.4%	7.0%	7.7%	11.0%	10.1%
FDXF May	-	-	-	-	-	-	-	-	11.5%	12.3%
FAST Dec	8.3%	10.6%	10.0%	11.2%	16.5%	10.2%	11.0%	17.1%	12.5%	12.8%
IR Dec	4.7%	6.0%	14.6%	15.1%	22.0%	10.9%	13.0%	18.5%	17.2%	15.9%
MAS Dec	8.3%	7.6%	12.2%	10.0%	11.7%	9.6%	7.1%	14.7%	11.6%	11.5%
BR Jun	13.1%	10.4%	14.2%	13.0%	11.8%	11.8%	7.3%	13.0%	15.4%	16.4%
HWM Dec	−8.3%	−4.9%	−8.1%	−2.5%	−4.9%	5.0%	9.5%	10.3%	13.1%	17.3%
Peer median	9.1%	10.5%	13.2%	12.3%	14.5%	10.6%	9.2%	14.0%	12.5%	15.9%

Return on equity, FY2016 to FY2025

Net income / shareholders' equity at the year end.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
DOV Dec	13.4%	18.5%	20.6%	22.4%	20.2%	26.8%	24.9%	20.7%	38.8%	14.8%
AME Dec	15.7%	16.9%	18.3%	16.8%	14.7%	14.4%	15.5%	15.0%	14.3%	13.9%
ROK Sep	36.7%	31.0%	33.1%	172.1%	99.6%	56.8%	34.2%	38.9%	27.2%	23.8%
XYL Dec	11.9%	13.2%	19.8%	13.6%	8.6%	13.3%	10.2%	6.0%	8.4%	8.3%
FDXF May	-	-	-	-	-	-	-	-	74.1%	56.2%
FAST Dec	25.8%	27.6%	32.7%	29.7%	31.4%	30.4%	34.4%	34.5%	31.8%	31.9%
IR Dec	−13.8%	1.2%	16.1%	8.5%	−0.4%	6.2%	6.6%	8.0%	8.2%	5.8%
MAS Dec	n/m	n/m	n/m	n/m	n/m	n/m	n/m	n/m	n/m	n/m
BR Jun	29.4%	32.6%	39.1%	42.8%	34.3%	30.3%	28.1%	28.1%	32.2%	31.6%
HWM Dec	−18.4%	−1.5%	11.5%	10.2%	7.3%	7.4%	13.0%	18.9%	25.4%	28.2%
Peer median	15.7%	16.9%	19.8%	16.8%	14.7%	14.4%	15.5%	18.9%	26.3%	26.0%

Debt / equity, FY2016 to FY2025

Total debt / shareholders' equity at the year end.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
DOV Dec	0.95	0.81	1.14	1.01	0.92	0.75	0.86	0.68	0.48	0.54
AME Dec	0.80	0.62	0.71	0.64	0.43	0.42	0.35	0.54	0.28	0.33
ROK Sep	0.99	0.69	1.10	5.58	1.95	1.67	1.41	0.83	1.04	0.88
XYL Dec	1.24	0.88	0.74	0.69	1.04	0.76	0.54	0.22	0.19	0.22
FDXF May	-	-	-	-	-	-	-	-	-	0.03
FAST Dec	0.20	0.20	0.22	0.13	0.15	0.13	0.18	0.08	0.06	0.03
IR Dec	10.45	1.38	1.00	0.86	0.43	0.31	0.30	0.28	0.47	0.47
MAS Dec	n/m	n/m	n/m	n/m	14.33	n/m	n/m	n/m	n/m	n/m
BR Jun	0.97	1.10	0.96	1.30	1.33	2.15	1.98	1.52	1.55	1.22
HWM Dec	1.58	1.39	1.21	1.52	1.52	1.21	1.16	0.92	0.73	0.57
Peer median	0.99	0.88	0.96	0.86	1.18	0.76	0.54	0.54	0.47	0.40

EPS (diluted), FY2016 to FY2025

Diluted earnings per share, on today's share count after splits.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
DOV Dec	$3.25	$5.15	$3.75	$4.61	$4.70	$7.74	$7.42	$7.52	$19.45	$7.94
AME Dec	$2.19	$2.94	$3.34	$3.75	$3.77	$4.25	$5.01	$5.67	$5.93	$6.40
ROK Sep	$5.56	$6.35	$4.21	$5.83	$8.77	$11.58	$7.97	$11.95	$8.28	$7.67
XYL Dec	$1.45	$1.83	$3.03	$2.21	$1.40	$2.35	$1.96	$2.79	$3.65	$3.92
FDXF May	-	-	-	-	-	-	-	-	$10.53	$9.00
FAST Dec	$0.43	$0.50	$0.66	$0.69	$0.74	$0.80	$0.94	$1.01	$1.00	$1.09
IR Dec	−$0.25	$0.10	$1.29	$0.76	−$0.09	$1.34	$1.47	$1.90	$2.06	$1.45
MAS Dec	$1.48	$1.66	$2.37	$3.22	$4.59	$1.62	$3.63	$4.02	$3.76	$3.86
BR Jun	$2.53	$2.70	$3.56	$4.06	$3.95	$4.65	$4.55	$5.30	$5.86	$7.10
HWM Dec	−$2.31	−$0.28	$1.30	$1.03	-	$0.59	$1.11	$1.83	$2.81	$3.71
Peer median	$1.46	$1.75	$2.70	$2.71	$3.77	$1.99	$2.79	$3.40	$3.76	$3.92

Fiscal years are lined up as each company's 10-K names them; the month next to a ticker is when its year ends. Hover a number for the XBRL line items and the filing; click it to open the filing on sec.gov. "n/m" means not meaningful: equity below zero, or a base so close to zero that the ratio says nothing. The peer median leaves out DOV and needs at least three peers with the number. P/E, P/S and P/FCF at each year end appear here once the site has daily prices. What the same companies write about AI, tariffs and more →

Work on DOV in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/DOV/export.csv") into a cell.