Dover (DOV) Gross Margin (2009 - 2025)

Dover (DOV) reported Gross Margin of 39.77% for FY2025, up 4.11% year-over-year from 38.2% in FY2024.

Dover (DOV) Gross Margin (2009 - 2025) Analysis & Trends

Dover has reported Gross Margin for 17 years, with the latest figure at 39.77% in FY2025.

  • For the quarter ending Q1 2026, Gross Margin fell 109.0% year-over-year to 38.86%; the trailing twelve-month figure through Mar 2026 stood at 39.5% (up 59.0% YoY), and the FY2025 full-year result was 39.77%, up 157.0% from the prior year.
  • Gross Margin for FY2025 stood at 39.77%, up from 38.2% in the prior year.
  • The five-year high for Gross Margin was 39.77% in FY2025, with the low at 37.03% in FY2022.
  • Historically, Gross Margin has averaged 37.97% across 5 years, with a median of 37.56% in 2021.
  • Annual changes were most pronounced in 2022 — Gross Margin tumbled 53 bps — and 2025, when it surged 157 bps.
  • Dover's Gross Margin stood at 37.56% in 2021, then retreated by 1 bps to 37.03% in 2022, then advanced by 1 bps to 37.32% in 2023, then advanced by 2 bps to 38.2% in 2024, then increased by 4 bps to 39.77% in 2025.
  • The last three Gross Margin figures came in at 39.77% (FY2025), 38.2% (FY2024), and 37.32% (FY2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Yr)
1 GE Vernova 299.46 Bn 290.43 Bn 1.78 Bn -
2 Eaton 164.06 Bn 163.35 Bn 2.65 Bn -
3 Parker-Hannifin 120.65 Bn 120.18 Bn 2.02 Bn -
4 Cummins 98.98 Bn 96.25 Bn 2.24 Bn -
5 Emerson Electric 84.75 Bn 82.97 Bn 2.42 Bn -
6 Illinois Tool Works 76.17 Bn 75.34 Bn 1.76 Bn -
7 Ametek 54.28 Bn 53.79 Bn 717.56 Mn -
8 Rockwell Automation 53.18 Bn 52.81 Bn 1.13 Bn -
9 Ingersoll Rand 30.53 Bn 29.32 Bn 792.40 Mn -
10 Dover 30.25 Bn 28.61 Bn 798.14 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 39.77%
Dec 31, 2024 38.20%
Dec 31, 2023 37.32%
Dec 31, 2022 37.03%
Dec 31, 2021 37.56%
Dec 31, 2020 37.02%
Dec 31, 2019 36.73%
Dec 31, 2018 36.61%
Dec 31, 2017 37.08%
Dec 31, 2016 36.86%
Dec 31, 2015 36.92%
Dec 31, 2014 38.36%
Dec 31, 2013 38.83%
Dec 31, 2012 38.93%
Dec 31, 2011 38.60%
Dec 31, 2010 39.65%
Dec 31, 2009 37.67%