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Dover DOV Net margin

Net margin at other companies

Danaher logo
DanaherDHR
14.9%-0.9pp
IDEX logo
IDEXIEX
14.4%-0.2pp
Fortive logo
FortiveFTV
12.8%-6.7pp
IR
Ingersoll RandIR
7.5%-3.8pp
Veralto logo
VeraltoVLTO
17.3%+0.8pp
Nordson logo
NordsonNDSN
18.2%+1.7pp

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

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 trailing twelve months.

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 net margin?
Dover (DOV) reported net margin of 13.3% in Q1 2026.
How has Dover's net margin changed year-over-year?
Dover's net margin decreased by 55.2% year-over-year, from 29.7% to 13.3%.
What is the long-term trend for Dover's net margin?
Over 4 years (2021 to 2025), Dover's net margin has grown at a 19.8% compound annual growth rate (CAGR), from 49% to 100.9%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.