Dover (DOV) Tax Rate (2009 - 2026)
Dover's (DOV) quarterly Tax Rate came in at 19.38% in Q2 2026, down 106.0% YoY from 323.07% in Q2 2025, and down 3.68% on a QoQ basis from 20.12% in Q1 2026.
Dover (DOV) Tax Rate (2009 - 2026) Analysis & Trends
Dover (DOV) has 18 years of Tax Rate data on file, last reported at 19.38% in Q2 2026.
- Quarterly Tax Rate fell 106.0% year-over-year to 19.38% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 20.1% (up 15.0% YoY) and the FY2025 annual result came in at 20.14%, down 18.0% from the prior year.
- Tax Rate fell to 19.38% in Q2 2026, from 20.12% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 21.49% in Q4 2024 to a low of 7.69% in Q4 2023.
- A 5-year average of 18.5% and a median of 19.29% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate sank 912 bps — and 2024, when it jumped 1381 bps.
- Tracing DOV's Tax Rate over 5 years: stood at 16.8% in 2022, then plunged by 54 bps to 7.69% in 2023, then soared by 180 bps to 21.49% in 2024, then declined by 10 bps to 19.31% in 2025, then gained by 0 bps to 19.38% in 2026.
- The last three Tax Rate figures came in at 19.38% (Q2 2026), 20.12% (Q1 2026), and 19.31% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | 29.84% |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 28.06% |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 19.21% |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | 21.62% |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 25.14% |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 24.54% |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 17.36% |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 13.19% |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 21.13% |
| 10 | Dover | 27.19 Bn | 25.43 Bn | 880.61 Mn | 19.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 19.38% |
| Jun 30, 2026 | 19.38% |
| Jun 30, 2026 | 19.38% |
| Mar 31, 2026 | 20.12% |
| Mar 31, 2026 | 20.12% |
| Mar 31, 2026 | 20.12% |
| Dec 31, 2025 | 19.31% |
| Dec 31, 2025 | 19.31% |
| Dec 31, 2025 | 19.31% |
| Sep 30, 2025 | 21.48% |
| Sep 30, 2025 | 21.48% |
| Sep 30, 2025 | 21.48% |
| Jun 30, 2025 | 20.44% |
| Jun 30, 2025 | 20.44% |
| Jun 30, 2025 | 20.44% |
| Mar 31, 2025 | 19.01% |
| Mar 31, 2025 | 19.01% |
| Mar 31, 2025 | 19.01% |
| Dec 31, 2024 | 21.49% |
| Dec 31, 2024 | 21.49% |