Dover (DOV) FCF Margin (2009 - 2026)
Dover (DOV) reported FCF Margin of 6.39% for Q1 2026, up 53.0% on a YoY basis from 4.18% in Q1 2025, and down 72.46% quarter-over-quarter from 23.2% in Q4 2025.
Dover (DOV) FCF Margin (2009 - 2026) Analysis & Trends
Dover has reported FCF Margin for 18 years, with the latest figure at 6.39% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 53.0% year-over-year to 6.39%; the trailing twelve-month figure through Mar 2026 stood at 13.76% (up 182.0% YoY), and the FY2025 full-year result was 13.81%, up 193.0% from the prior year.
- FCF Margin for Q1 2026 stood at 6.39%, down from 23.2% in the prior quarter.
- The five-year high for FCF Margin was 23.2% in Q4 2025, with the low at 1.3% in Q1 2022.
- Historically, FCF Margin has averaged 11.19% across 5 years, with a median of 9.23% in 2022.
- Annual changes were most pronounced in 2022 — FCF Margin tumbled 911 bps — and 2023, when it jumped 1058 bps.
- Dover's FCF Margin stood at 15.9% in 2022, then jumped by 46 bps to 23.17% in 2023, then decreased by 14 bps to 19.95% in 2024, then gained by 16 bps to 23.2% in 2025, then sank by 72 bps to 6.39% in 2026.
- The last three FCF Margin figures came in at 6.39% (Q1 2026), 23.2% (Q4 2025), and 17.81% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 51.30% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 4.21% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 16.06% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 1.43% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 15.21% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 13.15% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 22.09% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 12.24% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 6.39% |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 8.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.39% |
| Dec 31, 2025 | 23.20% |
| Sep 30, 2025 | 17.81% |
| Jun 30, 2025 | 7.39% |
| Mar 31, 2025 | 5.86% |
| Dec 31, 2024 | 19.95% |
| Sep 30, 2024 | 15.91% |
| Jun 30, 2024 | 5.82% |
| Mar 31, 2024 | 5.65% |
| Dec 31, 2023 | 23.17% |
| Sep 30, 2023 | 12.60% |
| Jun 30, 2023 | 7.39% |
| Mar 31, 2023 | 9.28% |
| Dec 31, 2022 | 15.90% |
| Sep 30, 2022 | 9.23% |
| Jun 30, 2022 | 5.96% |
| Mar 31, 2022 | -1.30% |
| Dec 31, 2021 | 13.92% |
| Sep 30, 2021 | 15.03% |
| Jun 30, 2021 | 10.74% |