Dover (DOV) Gross Margin (2009 - 2026)
Dover (DOV) posted Gross Margin of 40.21% for Q2 2026, up 0.29 percentage points from 39.92% a year earlier and up 1.35 percentage points from the prior quarter.
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Analysis
Dover (DOV) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Dover was 39.58%, up 0.34 percentage points year-over-year; for FY2025, it came in at 39.77%, up 1.57 percentage points from FY2024.
- Annual Gross Margin has increased for three consecutive years, with a five-year change of +2.75 percentage points (FY2020 to FY2025).
- In prior years, Dover's Gross Margin was 38.20% in FY2024 (+0.88 pp), 37.32% in FY2023 (+0.28 pp), 37.03% in FY2022 (-0.53 pp) and 37.56% in FY2021 (+0.54 pp).
- The Q2 2026 figure stands as the highest quarterly Gross Margin since Q4 2022.
- On a year-over-year basis, Gross Margin increased in seven of the last eight quarters, with an average year-over-year change of +0.90 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2022, with a gain of 4.92 percentage points; the weakest was Q4 2023, with a drop of 3.45 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 38.86% (Q1 2026), 39.10% (Q4 2025) and 40.12% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn | 39.04% |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn | 54.48% |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn | 42.27% |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn | 37.71% |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn | 44.13% |
| 10 | Dover | 26.78 Bn | 20.15 Bn | 880.61 Mn | 40.21% |
Historic Data
Download Data
Historic 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% |
API Access
Dover Gross Margin 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=gross-margin&ticker=DOV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=DOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();