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Dover DOV Operating margin

Operating margin at other companies

Franklin Electric logo
Franklin ElectricFELE
12.6%+0.5pp
Danaher logo
DanaherDHR
20.4%+2.0pp
IDEX logo
IDEXIEX
20.8%+0.9pp
Fortive logo
FortiveFTV
18.2%0.0pp
IR
Ingersoll RandIR
18.1%+2.9pp
Vontier logo
VontierVNT
18.4%+0.6pp

Other financials

Income statement

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Revenue$2.2B+6.9%
Gross profit$880.6M+7.6%
Operating income$391.8M+10.5%
Net income$312.2M+11.9%
EPS (diluted)$2.30+13.9%

Balance sheet

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Cash & equivalents$1.8B+38.8%
Total debt$3.3B+6.2%
Total equity$7.7B+3.5%
Total assets$13.7B+4.0%

Cash flow

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Operating cash flow$236.2M+11.2%
CapEx$47.8M-21.6%
Free cash flow$188.4M+24.4%

Valuation

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Market cap$27.56B+14.1%
Enterprise value$29.06B+12.0%
P/E24.3×+13.8×
P/S3.3×+0.2×

Profitability

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Gross margin39.6%+0.3pp
Net margin13.5%-15.8pp
FCF margin14%+2.6pp

Returns & leverage

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Return on equity15%-20.8pp
Debt / equity0.4×0.0×
Current ratio0.0×

Where this comes from

Calculated from Dover’s reported figures.

Based on trailing twelve months.

The source filing: Dover’s 10-Q, filed July 23, 2026. Open the filing →

Filed
Jul 23, 2026, 7:02 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000029905-26-000027

FAQ

What is Dover's operating margin?
Dover (DOV) reported operating margin of 16.9% in Q2 2026.
How has Dover's operating margin changed year-over-year?
Dover's operating margin increased by 3.2% year-over-year, from 16.3% to 16.9%.
What is the long-term trend for Dover's operating margin?
Over 5 years (2020 to 2025), Dover's operating margin has grown at a 4.0% compound annual growth rate (CAGR), from 14% to 17%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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