DOVDover Corporation
$203.74+14% 1Y
$203.74
$176.6952 weeks$232.21
The business
How DOV's business earns
Dover Corporation earns 12% on the capital it employs against an estimated 9.0% cost of capital.
12%
Return on invested capital · cost of capital 9.0% · 2.7 points above the estimated cost of capital
- Operating margin
- 17%
Operating margin · Specialty Industrial Machinery median 15% · 12 months to Sep 30, 2026
- Cash conversion
- 1.20×
Cash conversion · 1.18× a year ago · operating cash flow divided by operating profit after tax
- Share count, year on year
- −2.3%
Share count, year on year · fewer shares than a year ago
Operating margin by fiscal year
| Year | Operating margin |
|---|---|
| FY2020 | 14% |
| FY2021 | 16% |
| FY2022 | 16% |
| FY2023 | 16% |
| FY2024 | 16% |
| FY2025 | 17% |
Details›
- Gross margin12 months to Sep 30, 2026
- 40%
- Operating margin12 months to Sep 30, 2026
- 17%
- Net margin12 months to Sep 30, 2026
- 14%
- Free cash flow margin
- 14%
- Revenue, trailing twelve months
- $8.58B
- Free cash flow, trailing twelve months
- $1.19B
- Net income, trailing twelve months
- $1.17B
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 12%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Specialty Industrial Machinery
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