Dover DOV Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 39.5%+0.6pp | 39.8%+1.6pp | 39.7%+1.7pp | 39.2%+1.5pp | 38.9%+1.8pp | |
| Operating margin | 16.7%+0.5pp | 17%+1.4pp | 16.7%+0.9pp | 16.3%+0.5pp | 16.2%+0.6pp | |
| Net margin | 13.3%-16.4pp | 13.5%-21.3pp | 28.4%+8.2pp | 29.3%+9.8pp | 29.7%+11.1pp | |
| EBITDA margin | 21.4%+0.8pp | 21.7%+1.7pp | 21.3%+1.3pp | 20.9%+1.0pp | 20.6%+1.1pp | |
| Free cash flow margin | 13.8%+2.1pp | 13.8%+1.9pp | 12.8%-0.1pp | 11.3%-3.0pp | 11.7%-2.2pp | |
| Returns | ||||||
| Return on equity | 15.1%-22.3pp | 15.2%-29.5pp | 33.6%+4.1pp | 35.8%+5.9pp | 37.4%+7.0pp | |
| Return on assets | 8.4%-10.2pp | 8.4%-14.2pp | 17.7%+4.0pp | 18.8%+5.2pp | 18.6%+5.8pp | |
| Return on invested capital | 15.9%+0.7pp | 15.6%+1.1pp | 14.8%0.0pp | 14.7%-0.6pp | 15.2%-0.3pp | |
| Efficiency | ||||||
| Asset turnover | 0.6×0.0× | 0.6×0.0× | 0.6×-0.1× | 0.6×-0.1× | 0.6×-0.1× | |
| Inventory turnover | 3.5×0.0× | 3.6×-0.2× | 3.4×-0.1× | 3.4×+0.1× | 3.5×+0.1× | |
| Liquidity | ||||||
| Current ratio | 1.9×-0.3× | 1.8×-0.3× | 2×+0.5× | 1.9×+0.4× | 2.1×+0.8× | |
| Quick ratio | 1.3×-0.2× | 1.2×-0.2× | 1.4×+0.4× | 1.3×+0.4× | 1.5×+0.7× | |
| Cash ratio | 0.7×-0.2× | 0.7×-0.2× | 0.7×+0.5× | 0.6×+0.4× | 0.8×+0.5× | |
| Leverage | ||||||
| Debt-to-equity | 0.4×0.0× | 0.5×0.0× | 0.4×-0.2× | 0.4×-0.2× | 0.4×-0.3× | |
| Debt-to-assets | 0.2×0.0× | 0.3×0.0× | 0.2×-0.1× | 0.2×0.0× | 0.2×-0.1× | |
| Net debt / EBITDA | 0.9×+0.2× | 1.1×+0.2× | 0.9×-1.0× | 1.1×-0.8× | 0.7×-1.2× | |
| Interest coverage | 12.4×+2.2× | 12.5×+3.3× | 12×+2.9× | 11×+1.7× | 10.2×+1.1× | |
| Per Share | ||||||
| Book value per share | $55.12+6.8% | $53.75+7.2% | $55.52+34.7% | $53.93+39.2% | $51.63+40.1% | |
| Valuation | ||||||
| Market capitalization | $28.1B+16.7% | $26.78B+4.0% | $22.88B-13.2% | $24.67B-0.5% | $24.08B-1.1% | |
| Enterprise value | $29.75B+17.8% | $28.69B+6.0% | $24.4B-16.9% | $26.47B-4.2% | $25.25B-7.7% | |
| Price / earnings | 25.5×+15.0× | 24.5×+14.9× | 10.2×-6.7× | 10.8×-5.8× | 10.5×-6.2× | |
| Price / sales | 3.4×+0.3× | 3.3×0.0× | 2.9×-0.5× | 3.2×-0.1× | 3.1×0.0× | |
| Price / book | 3.8×+0.4× | 3.6×-0.1× | 3×-1.6× | 3.3×-1.3× | 3.4×-1.4× | |
| EV / EBITDA | 16.8×+0.9× | 16.4×-1.2× | 14.4×-4.6× | 16.2×-1.8× | 15.9×-2.0× | |
| EV / sales | 3.6×+0.3× | 3.5×+0.1× | 3.1×-0.7× | 3.4×-0.2× | 3.3×-0.2× | |
| Free cash flow yield | 4.1%+0.3pp | 4.2%+0.6pp | 4.4%+0.7pp | 3.6%-0.8pp | 3.8%-0.7pp | |
| Earnings yield | 3.9%-5.6pp | 4.1%-6.4pp | 9.8%+3.9pp | 9.3%+3.2pp | 9.5%+3.5pp | |
| Dividend yield | 1%-0.2pp | 1.1%0.0pp | 1.2%+0.2pp | 1.1%0.0pp | 1.2%0.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Dover's profit margins?
- Dover (DOV) runs a 39.5% gross margin and a 16.7% operating margin, with a 13.3% net margin.
- Where do Dover's ratios come from?
- Every ratio is computed from Dover's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
