Dover (DOV) FCF Margin (2009 - 2026)

Dover (DOV) posted FCF Margin of 6.39% for Q1 2026, down 72.46% on a QoQ basis from 23.2% in Q4 2025, and up 53.0% year-over-year from 4.18% in Q1 2025.

Dover (DOV) FCF Margin (2009 - 2026) Analysis & Trends

Dover's FCF Margin history runs 18 years deep, the most recent figure standing at 6.39% for Q1 2026.

  • Quarterly FCF Margin rose 53.0% year-over-year to 6.39% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 13.76% (up 182.0% YoY) and the FY2025 annual result came in at 13.81%, up 193.0% from the prior year.
  • FCF Margin was 6.39% for Q1 2026 at Dover, down from 23.2% in the prior quarter.
  • Across five years, FCF Margin topped out at 23.2% in Q4 2025 and bottomed at 1.3% in Q1 2022.
  • A 5-year average of 11.19% and a median of 9.23% in 2022 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2022 — FCF Margin slumped 911 bps — and 2023, when it jumped 1058 bps.
  • Dover's FCF Margin stood at 15.9% in 2022, then soared by 46 bps to 23.17% in 2023, then dropped by 14 bps to 19.95% in 2024, then climbed by 16 bps to 23.2% in 2025, then tumbled by 72 bps to 6.39% in 2026.
  • Business Quant data shows DOV's FCF Margin at 6.39% in Q1 2026, 23.2% in Q4 2025, and 17.81% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 45.98%
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 4.21%
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 17.75%
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 1.43%
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 15.21%
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 13.15%
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 22.09%
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 12.24%
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 8.85%
10 Dover 27.33 Bn 25.69 Bn 798.14 Mn 6.39%

Historic Data

Download Data
DateValue
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%