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Dover

DOVNYSEStock Fundamentals

Dover Corporation is a diversified global manufacturer and solutions provider that delivers innovative equipment, components, and digital solutions across multiple industrial sectors. The company focuses on high-value-in-use products where performance and reliability are critical, leveraging a mix of component manufacturing and equipment sales with significant aftermarket revenue streams. Its value proposition centers on engineering precision, operational excellence, and a decentralized operating model that combines global scale with niche market agility.

Market Cap$28.4B
Revenue TTM$8.3B
Net Income TTM$1.1B
P/E Ratio25.77
Net Margin13.3%
EPS TTM$8.02
Free Cash Flow TTM$1.1B
Employees25.0K
CEORichard Joseph Tobin
CountryUnited States of America
Industrials
Industrial - Machinery
SegmentsMachinery, Industrial Equipment, Specialty Chemicals, Clean Energy Technology
Business ModelsB2B Manufacturing, Aftermarket Parts and Services, Consumables-driven Recurring Revenue, Industrial Software-as-a-Service
Most Recent EarningsApr 23, 2026 · 27 days agoQ1 2026
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Next EarningsJul 23, 2026 · in 2 monthsBefore Market Open · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin39.5%
Op. Margin16.7%
ROE15.06%
D/E53.18%
Current Ratio1.87
Total Debt$4.0B
Cash$1.6B
CapEx TTM$231.9M

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Engineered Products

major

Provides specialized equipment, software, and services for vehicle aftermarket, aerospace, and defense sectors. This segment focuses on precision fluid dispensing and industrial winch and hoist solutions.

Products

Industrial winches, Hoists, Precision soldering equipment, Fluid dispensing systems

Customers

Vehicle aftermarket providers, Aerospace manufacturers, Defense contractors

Clean Energy & Fueling

major

Delivers components and software for the storage, transport, and dispensing of traditional and clean fuels, including LNG, hydrogen, and EV charging. It supports the safe operation of retail fueling and convenience establishments.

Products

EV charging solutions, Cryogenic gas components, Hydrogen dispensing equipment, Remote monitoring software

Customers

Convenience retail operators, Fueling stations, Clean energy infrastructure providers

Pumps & Process Solutions

major

Manufactures specialty pumps, flow meters, and fluid transfer connectors for critical applications in biopharma and industrial processing. It provides highly engineered components for rotating and reciprocating machinery.

Products

Single-use biopharmaceutical pumps, Fluid transfer connectors, Polymer processing equipment, Precision bearings

Customers

Biopharmaceutical companies, Chemical producers, Semiconductor manufacturers, Food and beverage processors

Climate & Sustainability Technologies

major

Focuses on energy-efficient equipment and components for commercial refrigeration and thermal management. It also provides specialized machinery for the beverage can-making industry.

Products

Commercial refrigeration systems, Heat exchangers, Beverage can-making equipment, Heating and cooling components

Customers

Commercial food retailers, HVAC providers, Beverage packaging manufacturers

Imaging & Identification

moderate

Supplies precision marking, coding, and traceability equipment used for brand protection and product identification. The segment serves high-volume consumer goods and pharmaceutical markets with integrated consumables and software.

Products

Marking and coding equipment, Digital textile printing equipment, Traceability software, Printing consumables

Customers

Packaged goods companies, Pharmaceutical manufacturers, Textile producers

Segment Financials

Engineered Products — Adjusted cost of goods and services

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Engineered Products — Adjusted selling, general and administrative expenses

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Engineered Products — Earnings from continuing operations:

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Clean Energy & Fueling — Revenue

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Clean Energy & Fueling — Restructuring Charges

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Clean Energy & Fueling — Capital expenditures:

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Pumps & Process Solutions — Capital expenditures:

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Pumps & Process Solutions — Revenue

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Pumps & Process Solutions — Total Assets

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Climate & Sustainability Technologies — Capital expenditures:

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Climate & Sustainability Technologies — Restructuring Charges

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Climate & Sustainability Technologies — Revenue

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Imaging & Identification — Revenue

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Imaging & Identification — Adjusted cost of goods and services

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Imaging & Identification — Capital expenditures:

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Business Overview

Competitive Position

Dover maintains leading positions in niche industrial markets characterized by high switching costs and loyal customer bases who prioritize technical performance over price.

Geographies

Global, North America, Europe, Asia

Customer Segments

Enterprise, Industrial Manufacturers, Healthcare and Life Sciences, Retail and Consumer Goods

Upstream Dependencies

Raw material suppliers (steel, aluminum, plastics), Electronic component manufacturers, Specialty chemical providers for consumables

Downstream Customers

Retail fueling stations, Biopharmaceutical labs, Consumer packaged goods companies, Aerospace and defense OEMs

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Dover FAQ

Common questions about Dover

Dover Corporation is a diversified global manufacturer and solutions provider that delivers innovative equipment, components, and digital solutions across multiple industrial sectors. The company focuses on high-value-in-use products where performance and reliability are critical, leveraging a mix of component manufacturing and equipment sales with significant aftermarket revenue streams. Its value proposition centers on engineering precision, operational excellence, and a decentralized operating model that combines global scale with niche market agility.

Dover (DOV) has a market capitalization of $28.4B and trades on NYSE.

Dover generated $8.3B in trailing twelve-month revenue with net income of $1.1B, representing a net margin of 13.3%. Gross margin stands at 39.5%, with free cash flow of $1.1B. These figures are based on the Q1 2026 filing.

Dover's key competitors include Ingersoll Rand, Danaher Corporation, Fortive Corporation, and others. These companies compete in similar markets and product categories.

Dover has approximately 25,000 employees.