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Dover DOV Price / earnings

Price / earnings at other companies

Danaher logo
DanaherDHR
36.4×-2.6×
IDEX logo
IDEXIEX
27.7×-0.8×
Fortive logo
FortiveFTV
31.3×+0.1×
IR
Ingersoll RandIR
53.5×+14.3×
Veralto logo
VeraltoVLTO
22.4×-5.3×
Nordson logo
NordsonNDSN
30.5×+6.3×

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/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 price / earnings?
Dover (DOV) reported price / earnings of 25.5× in Q1 2026.
How has Dover's price / earnings changed year-over-year?
Dover's price / earnings increased by 143.2% year-over-year, from 10.5× to 25.5×.
What is the long-term trend for Dover's price / earnings?
Over 4 years (2021 to 2025), Dover's price / earnings has grown at a -13.2% compound annual growth rate (CAGR), from 98.3× to 55.9×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.