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Dover DOV Debt-to-assets

Debt-to-assets at other companies

Danaher logo
DanaherDHR
0.2×0.0×
IDEX logo
IDEXIEX
0.3×0.0×
Fortive logo
FortiveFTV
0.3×+0.1×
IR
Ingersoll RandIR
0.3×0.0×
Veralto logo
VeraltoVLTO
0.4×0.0×
Nordson logo
NordsonNDSN
0.3×-0.1×

Other financials

Income statement

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Revenue$2.1B+10.1%
Gross profit$798.1M+7.1%
Operating income$305.9M+3.2%
Net income$238.4M+3.3%
EPS (diluted)$1.75+4.8%

Balance sheet

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Cash & equivalents$1.6B-9.0%
Total debt$3.3B+10.7%
Total equity$7.5B+4.9%
Total assets$13.5B+6.8%

Cash flow

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Operating cash flow$191.0M+21.3%
CapEx$59.8M+24.1%
Free cash flow$131.2M+20.1%

Valuation

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Market cap$29.73B+16.7%
Enterprise value$31.38B+17.8%
P/E27×+15.9×
P/S3.6×+0.3×

Profitability

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Gross margin39.5%+0.6pp
Operating margin16.7%+0.5pp
Net margin13.3%-16.4pp

Returns & leverage

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Return on equity15.1%-22.3pp
Debt / equity0.4×0.0×
Current ratio1.9×-0.3×

Where this comes from

Calculated from Dover’s reported figures.

Based on the most recent quarter.

The official record: Dover’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Dover's debt-to-assets?
Dover (DOV) reported debt-to-assets of 0.2× in Q1 2026.
How has Dover's debt-to-assets changed year-over-year?
Dover's debt-to-assets increased by 3.7% year-over-year, from 0.2× to 0.2×.
What is the long-term trend for Dover's debt-to-assets?
Over 4 years (2021 to 2025), Dover's debt-to-assets has grown at a -7.6% compound annual growth rate (CAGR), from 1.3× to 1×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.