Dover DOV
NYSE DOV
$187.44 -3.98 (-2.08%)
As of: Sep 10, 2026 · 3:59 PM EDT

Dover (DOV) Gross Margin (2009 - 2026)

Dover's (DOV) quarterly Gross Margin came in at 40.21% in Q2 2026, up 29.0% on a YoY basis from 31.17% in Q2 2025, and up 3.46% quarter-over-quarter from 38.86% in Q1 2026.

Analysis

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

Dover (DOV) has reported Gross Margin for 18 consecutive years, with 40.21% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin rose 29.0% year-over-year to 40.21%; the trailing twelve-month figure through Jun 2026 stood at 39.58% (up 34.0% YoY), and the FY2025 full-year result was 39.77%, up 157.0% from the prior year.
  • Gross Margin improved to 40.21% in Q2 2026 per DOV's latest filing, from 38.86% in the prior quarter.
  • Across five years, Gross Margin topped out at 41.19% in Q4 2022 and bottomed at 35.8% in Q3 2022.
  • Historically, Gross Margin has averaged 38.22% across 5 years, with a median of 38.55% in 2024.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin soared 492 bps in 2022, then tumbled 345 bps in 2023.
  • Over 5 years, Gross Margin stood at 41.19% in 2022, then retreated by 8 bps to 37.74% in 2023, then grew by 2 bps to 38.64% in 2024, then grew by 1 bps to 39.1% in 2025, then increased by 3 bps to 40.21% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 40.21%, 38.86%, and 39.1% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 3M 84.63 Bn 81.30 Bn 2.68 Bn 41.28%
2 Illinois Tool Works 75.96 Bn 75.12 Bn 1.90 Bn 44.13%
3 Ametek 53.68 Bn 53.19 Bn 735.04 Mn 35.95%
4 Rockwell Automation 46.83 Bn 46.35 Bn 1.14 Bn 49.46%
5 Mettler Toledo International 25.77 Bn 25.72 Bn 650.22 Mn 63.29%
6 Dover 25.23 Bn 23.47 Bn 880.61 Mn 40.21%
7 Nordson 17.11 Bn 17.00 Bn 453.73 Mn 55.49%
8 Fortive 16.56 Bn 16.19 Bn 695.30 Mn 63.39%
9 RBC Bearings 15.05 Bn 14.92 Bn 247.80 Mn 47.70%
10 Regal Rexnord 10.42 Bn 9.97 Bn 611.60 Mn 39.25%
Historic Data

Historic Data

Download Data
DateValue
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%