Dover (DOV) Gross Margin (2009 - 2026)
Dover's (DOV) quarterly Gross Margin came in at 40.21% in Q2 2026, up 29.0% YoY from 31.17% in Q2 2025, and up 3.46% on a QoQ basis from 38.86% in Q1 2026.
Dover (DOV) Gross Margin (2009 - 2026) Analysis & Trends
Dover (DOV) has 18 years of Gross Margin data on file, last reported at 40.21% in Q2 2026.
- Quarterly Gross Margin rose 29.0% year-over-year to 40.21% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 39.58% (up 34.0% YoY) and the FY2025 annual result came in at 39.77%, up 157.0% from the prior year.
- Gross Margin grew to 40.21% in Q2 2026, from 38.86% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 41.19% in Q4 2022 to a low of 35.8% in Q3 2022.
- A 5-year average of 38.22% and a median of 38.55% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin surged 492 bps — and 2023, when it slumped 345 bps.
- Tracing DOV's Gross Margin over 5 years: stood at 41.19% in 2022, then declined by 8 bps to 37.74% in 2023, then advanced by 2 bps to 38.64% in 2024, then advanced by 1 bps to 39.1% in 2025, then climbed by 3 bps to 40.21% in 2026.
- The last three Gross Margin figures came in at 40.21% (Q2 2026), 38.86% (Q1 2026), and 39.1% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | 21.25% |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 33.47% |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 36.77% |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | 54.48% |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 26.07% |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 44.13% |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 35.95% |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 49.46% |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 42.10% |
| 10 | Dover | 27.19 Bn | 25.43 Bn | 880.61 Mn | 40.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 40.21% |
| Mar 31, 2026 | 38.86% |
| Dec 31, 2025 | 39.10% |
| Sep 30, 2025 | 40.12% |
| Jun 30, 2025 | 39.92% |
| Mar 31, 2025 | 39.95% |
| Dec 31, 2024 | 38.64% |
| Sep 30, 2024 | 38.48% |
| Jun 30, 2024 | 38.62% |
| Mar 31, 2024 | 37.01% |
| Dec 31, 2023 | 37.74% |
| Sep 30, 2023 | 37.75% |
| Jun 30, 2023 | 36.13% |
| Mar 31, 2023 | 35.93% |
| Dec 31, 2022 | 41.19% |
| Sep 30, 2022 | 35.80% |
| Jun 30, 2022 | 36.19% |
| Mar 31, 2022 | 36.22% |
| Dec 31, 2021 | 36.27% |
| Sep 30, 2021 | 37.39% |