Dover (DOV) FCF Payout Ratio (2009 - 2026)
Dover's (DOV) FCF Payout Ratio stood at 0.37 in Q2 2026, down 20.3% from 0.47 a year earlier and down 30.8% from the prior quarter.
Dover (DOV) FCF Payout Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Dover's FCF Payout Ratio came in at 0.24 as of Jun 30, 2026, down 18.9% year-over-year; for FY2025, it came in at 0.25, down 17.7% from FY2024.
- Across earlier years, FCF Payout Ratio came in at 0.31 in FY2024 (+12.1%), 0.27 in FY2023 (-48.9%), 0.54 in FY2022 (+76.7%) and 0.30 in FY2021 (+0.3%).
- Quarterly FCF Payout Ratio has ranged from 0.14 in Q4 2025 to 0.67 in Q1 2024 over the past five years.
- On a year-over-year basis, FCF Payout Ratio has declined for six consecutive quarters, with an average decline of 13.8% over the last eight quarters.
- Peak year-over-year performance for FCF Payout Ratio in the last five years was growth of 83.0% in Q1 2024, against a decline of 46.5% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.54 (Q1 2026), 0.14 (Q4 2025) and 0.19 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 323.56 Bn | 295.25 Bn | 7.76 Bn | 0.21 |
| 2 | Amphenol | 180.19 Bn | 174.89 Bn | 3.55 Bn | 0.26 |
| 3 | Deere | 173.53 Bn | 182.29 Bn | 4.66 Bn | 0.34 |
| 4 | Eaton | 143.22 Bn | 140.45 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 112.51 Bn | 110.65 Bn | 2.25 Bn | - |
| 6 | 3M | 90.71 Bn | 73.12 Bn | 2.78 Bn | 1.75 |
| 7 | Emerson Electric | 89.39 Bn | 82.15 Bn | 2.66 Bn | 0.24 |
| 8 | Illinois Tool Works | 79.53 Bn | 76.09 Bn | 1.90 Bn | 0.73 |
| 9 | Vertiv Holdings | 75.29 Bn | 65.91 Bn | 1.23 Bn | - |
| 10 | Dover | 26.32 Bn | 19.69 Bn | 880.61 Mn | 0.37 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.37 |
| Mar 31, 2026 | 0.54 |
| Dec 31, 2025 | 0.14 |
| Sep 30, 2025 | 0.19 |
| Jun 30, 2025 | 0.47 |
| Mar 31, 2025 | 0.65 |
| Dec 31, 2024 | 0.18 |
| Sep 30, 2024 | 0.22 |
| Jun 30, 2024 | 0.62 |
| Mar 31, 2024 | 0.67 |
| Dec 31, 2023 | 0.16 |
| Sep 30, 2023 | 0.29 |
| Jun 30, 2023 | 0.46 |
| Mar 31, 2023 | 0.37 |
| Dec 31, 2022 | 0.30 |
| Sep 30, 2022 | 0.36 |
| Jun 30, 2022 | 0.56 |
| Dec 31, 2021 | 0.26 |
| Sep 30, 2021 | 0.24 |
| Jun 30, 2021 | 0.33 |
Dover FCF Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-payout-ratio&ticker=DOV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "ticker": "DOV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-payout-ratio&ticker=DOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();