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.
Financials
Based on Q1 2026 filing
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Engineered Products
majorProvides 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.
Industrial winches, Hoists, Precision soldering equipment, Fluid dispensing systems
Vehicle aftermarket providers, Aerospace manufacturers, Defense contractors
Clean Energy & Fueling
majorDelivers 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.
EV charging solutions, Cryogenic gas components, Hydrogen dispensing equipment, Remote monitoring software
Convenience retail operators, Fueling stations, Clean energy infrastructure providers
Pumps & Process Solutions
majorManufactures 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.
Single-use biopharmaceutical pumps, Fluid transfer connectors, Polymer processing equipment, Precision bearings
Biopharmaceutical companies, Chemical producers, Semiconductor manufacturers, Food and beverage processors
Climate & Sustainability Technologies
majorFocuses on energy-efficient equipment and components for commercial refrigeration and thermal management. It also provides specialized machinery for the beverage can-making industry.
Commercial refrigeration systems, Heat exchangers, Beverage can-making equipment, Heating and cooling components
Commercial food retailers, HVAC providers, Beverage packaging manufacturers
Imaging & Identification
moderateSupplies 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.
Marking and coding equipment, Digital textile printing equipment, Traceability software, Printing consumables
Packaged goods companies, Pharmaceutical manufacturers, Textile producers
Segment Financials
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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
Competitors & Partners
Competitors
Ingersoll Rand
IR
Competitor in mission-critical flow creation and industrial solutions
IDEX
IEX
Competitor in fluid and metering technologies and health and science technologies
Fortive
FTV
Diversified industrial competitor in professional instrumentation and industrial technologies
Danaher
DHR
Competitor in life sciences and water quality segments similar to Dover's biopharma and process solutions
Veralto
VLTO
Competitor in marking, coding, and industrial solutions
Subsidiaries
Dover Business Services
Internal shared services organization providing global administrative and operational support
India Innovation Center
Internal technology and digital capability development hub
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 $28.5B 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, IDEX Corporation, Fortive Corporation, and others. These companies compete in similar markets and product categories.
Dover has approximately 25,000 employees.