Dover (DOV) Return on Capital Employed (2009 - 2026)
Dover (DOV) reported Return on Capital Employed of 12.62% for Q1 2026, up 66.0% on a YoY basis from 7.6% in Q1 2025, and little changed quarter-over-quarter from 12.6% in Q4 2025.
Dover (DOV) Return on Capital Employed (2009 - 2026) Analysis & Trends
Dover has reported Return on Capital Employed for 18 years, with the latest figure at 12.62% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed rose 66.0% year-over-year to 12.62%; the trailing twelve-month figure through Mar 2026 stood at 12.62% (up 66.0% YoY), and the FY2025 full-year result was 13.15%, up 75.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 12.62%, roughly flat from 12.6% in the prior quarter.
- The five-year high for Return on Capital Employed was 16.7% in Q3 2022, with the low at 11.92% in Q2 2025.
- Historically, Return on Capital Employed has averaged 13.92% across 5 years, with a median of 14.05% in 2024.
- Annual changes were most pronounced in 2022 — Return on Capital Employed soared 174 bps — and 2024, when it tumbled 276 bps.
- Dover's Return on Capital Employed stood at 15.99% in 2022, then dropped by 7 bps to 14.81% in 2023, then decreased by 19 bps to 12.05% in 2024, then gained by 5 bps to 12.6% in 2025, then gained by 0 bps to 12.62% in 2026.
- The last three Return on Capital Employed figures came in at 12.62% (Q1 2026), 12.6% (Q4 2025), and 11.94% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 7.18% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 14.09% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 18.36% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 15.97% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 14.32% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 39.40% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 14.67% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 31.32% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 12.62% |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 6.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.62% |
| Dec 31, 2025 | 12.60% |
| Sep 30, 2025 | 11.94% |
| Jun 30, 2025 | 11.92% |
| Mar 31, 2025 | 11.96% |
| Dec 31, 2024 | 12.05% |
| Sep 30, 2024 | 13.20% |
| Jun 30, 2024 | 12.83% |
| Mar 31, 2024 | 14.05% |
| Dec 31, 2023 | 14.81% |
| Sep 30, 2023 | 14.21% |
| Jun 30, 2023 | 14.98% |
| Mar 31, 2023 | 15.52% |
| Dec 31, 2022 | 15.99% |
| Sep 30, 2022 | 16.70% |
| Jun 30, 2022 | 15.80% |
| Mar 31, 2022 | 15.46% |
| Dec 31, 2021 | 16.22% |
| Sep 30, 2021 | 16.04% |
| Jun 30, 2021 | 15.62% |