Dover DOV
NYSE DOV
$187.44 -3.98 (-2.08%)
As of: Sep 10, 2026 · 3:59 PM EDT

Dover (DOV) Tax Rate (2009 - 2026)

Dover's (DOV) quarterly Tax Rate came in at 19.38% in Q2 2026, down 106.0% on a YoY basis from 323.07% in Q2 2025, and down 3.68% quarter-over-quarter from 20.12% in Q1 2026.

Analysis

Dover (DOV) Tax Rate (2009 - 2026) Analysis & Trends

Dover (DOV) has reported Tax Rate for 18 consecutive years, with 19.38% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Tax Rate fell 106.0% year-over-year to 19.38%; the trailing twelve-month figure through Jun 2026 stood at 20.1% (up 15.0% YoY), and the FY2025 full-year result was 20.14%, down 18.0% from the prior year.
  • Tax Rate eased to 19.38% in Q2 2026 per DOV's latest filing, from 20.12% in the prior quarter.
  • Across five years, Tax Rate topped out at 21.49% in Q4 2024 and bottomed at 7.69% in Q4 2023.
  • Historically, Tax Rate has averaged 18.5% across 5 years, with a median of 19.29% in 2023.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 912 bps in 2023, then surged 1381 bps in 2024.
  • Over 5 years, Tax Rate stood at 16.8% in 2022, then slumped by 54 bps to 7.69% in 2023, then surged by 180 bps to 21.49% in 2024, then retreated by 10 bps to 19.31% in 2025, then climbed by 0 bps to 19.38% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 19.38%, 20.12%, and 19.31% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 3M 84.63 Bn 81.30 Bn 2.68 Bn 16.34%
2 Illinois Tool Works 75.96 Bn 75.12 Bn 1.90 Bn 24.54%
3 Ametek 53.68 Bn 53.19 Bn 735.04 Mn 17.36%
4 Rockwell Automation 46.83 Bn 46.35 Bn 1.14 Bn 13.19%
5 Mettler Toledo International 25.77 Bn 25.72 Bn 650.22 Mn 19.52%
6 Dover 25.23 Bn 23.47 Bn 880.61 Mn 19.38%
7 Nordson 17.11 Bn 17.00 Bn 453.73 Mn 17.80%
8 Fortive 16.56 Bn 16.19 Bn 695.30 Mn 12.37%
9 RBC Bearings 15.05 Bn 14.92 Bn 247.80 Mn 22.04%
10 Regal Rexnord 10.42 Bn 9.97 Bn 611.60 Mn 18.72%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 19.38%
Mar 31, 2026 20.12%
Dec 31, 2025 19.31%
Sep 30, 2025 21.48%
Jun 30, 2025 20.44%
Mar 31, 2025 19.01%
Dec 31, 2024 21.49%
Sep 30, 2024 19.01%
Jun 30, 2024 19.77%
Mar 31, 2024 20.74%
Dec 31, 2023 7.69%
Sep 30, 2023 17.68%
Jun 30, 2023 19.26%
Mar 31, 2023 20.16%
Dec 31, 2022 16.80%
Sep 30, 2022 18.98%
Jun 30, 2022 13.64%
Mar 31, 2022 17.97%
Dec 31, 2021 21.26%
Sep 30, 2021 19.47%