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| Date | Value |
|---|---|
| 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% |