Dover (DOV) Invested Capital (2009 - 2026)
Dover's Invested Capital came in at $10.96 billion for Q2 2026, up 4.3% from $10.51 billion a year earlier and up 1.7% from the prior quarter.
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Analysis
Dover (DOV) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Dover's Invested Capital was $10.73 billion, up 8.6% from FY2024.
- Invested Capital carries a five-year compound annual growth rate of 10.6% (FY2020 to FY2025).
- Going back by year, Invested Capital was $9.88 billion in FY2024 (+15.4%), $8.57 billion in FY2023 (-1.5%), $8.7 billion in FY2022 (+17.3%) and $7.42 billion in FY2021 (+14.2%).
- The Q2 2026 figure represents the highest quarterly Invested Capital in data going back to Q2 2009.
- Year-over-year, Invested Capital has increased for ten consecutive quarters, with growth averaging 12.6% over the last eight quarters.
- The fastest year-over-year change in Invested Capital over five years came in Q2 2025 (growth of 23.1%), and the weakest in Q4 2023 (a decline of 1.5%).
- Business Quant data shows DOV's Invested Capital at $10.78 billion (Q1 2026), $10.73 billion (Q4 2025) and $10.73 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 322.39 Bn | 294.09 Bn | 7.76 Bn | 64.54 Bn |
| 2 | Amphenol | 180.52 Bn | 175.11 Bn | 3.55 Bn | 34.42 Bn |
| 3 | Deere | 169.65 Bn | 137.75 Bn | 4.66 Bn | 85.74 Bn |
| 4 | Eaton | 142.36 Bn | 139.55 Bn | 2.86 Bn | 40.91 Bn |
| 5 | Parker-Hannifin | 113.17 Bn | 111.30 Bn | 2.25 Bn | 23.93 Bn |
| 6 | 3M | 90.23 Bn | 71.68 Bn | 2.78 Bn | 19.17 Bn |
| 7 | Emerson Electric | 87.50 Bn | 80.24 Bn | 2.66 Bn | 33.51 Bn |
| 8 | Illinois Tool Works | 78.92 Bn | 75.48 Bn | 1.90 Bn | 12.59 Bn |
| 9 | Vertiv Holdings | 74.99 Bn | 65.61 Bn | 1.23 Bn | 7.70 Bn |
| 10 | Dover | 26.12 Bn | 19.49 Bn | 880.61 Mn | 10.96 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.96 Bn |
| Mar 31, 2026 | 10.78 Bn |
| Dec 31, 2025 | 10.73 Bn |
| Sep 30, 2025 | 10.73 Bn |
| Jun 30, 2025 | 10.51 Bn |
| Mar 31, 2025 | 10.11 Bn |
| Dec 31, 2024 | 9.88 Bn |
| Sep 30, 2024 | 9.09 Bn |
| Jun 30, 2024 | 8.54 Bn |
| Mar 31, 2024 | 9.10 Bn |
| Dec 31, 2023 | 8.57 Bn |
| Sep 30, 2023 | 7.98 Bn |
| Jun 30, 2023 | 8.08 Bn |
| Mar 31, 2023 | 7.94 Bn |
| Dec 31, 2022 | 7.96 Bn |
| Sep 30, 2022 | 7.62 Bn |
| Jun 30, 2022 | 7.72 Bn |
| Mar 31, 2022 | 7.43 Bn |
| Dec 31, 2021 | 7.31 Bn |
| Sep 30, 2021 | 6.95 Bn |
API Access
Dover Invested Capital 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=invested-capital&ticker=DOV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=DOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();