DOV Dover margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 62

Gross margin

39.6%

Operating margin

16.9%

EBITDA margin

22.9%

Net margin

13.5%

At present, Dover reports a gross margin of 39.6%, an operating margin of 16.9%, an EBITDA margin of 22.9%, and a net margin of 13.5%. Gross margin recorded the largest improvement, rising by 0.4 percentage points. EBITDA margin recorded the largest decline, falling by 15.8 percentage points.

DOV margin history

Gross, operating, EBITDA and net margin trends

Dover's margins averaged 38.65% gross, 19.05% operating, 30.8% EBITDA, and 21.33% net during the last 3 years. Against the three-year averages, gross margin is above its three-year average and operating, EBITDA, and net margins are below their three-year averages.

DOV margin expansion

Year-over-year margin changes in percentage points

Year over year, gross margin expanded by 0.4 percentage points, while operating margin contracted by 0.4 percentage points, EBITDA margin by 15.8 percentage points, and net margin by 15.8 percentage points.

Gross margin expansion

0.4pp

Operating margin expansion

-0.4pp

EBITDA margin expansion

-15.8pp

Net margin expansion

-15.8pp

DOV Gross margin

Dover's gross margin averaged 38.65% during the last 3 years. As of the latest period, the current gross margin for Dover is 39.6%, 1 percentage points above its three-year average. Over the last 3 years, Dover's gross margin peaked at 39.8% in Dec 2025 and reached a low of 37.1% in Mar 2024.

DOV Operating margin

Dover's operating margin averaged 19.05% over the last 3 years. Compared with its three-year average, Dover's current operating margin is 16.9% and is 2.2 percentage points below its three-year average. Over the last 3 years, Dover's operating margin peaked at 23.5% in Sep 2024 and reached a low of 15.9% in Dec 2023.

DOV EBITDA margin

Reviewing the last 3 years, Dover recorded an average EBITDA margin of 30.8%. At present, the current EBITDA margin for Dover is 22.9%, 7.9 percentage points below its three-year average. The highest EBITDA margin for Dover was 45.5% in Dec 2024, while the lowest was 21.8% in Dec 2023.

DOV Net margin

Over the last 3 years, Dover recorded an average net margin of 21.33%. As of the latest period, the current net margin for Dover is 13.5%, 7.8 percentage points below its three-year average. The highest net margin for Dover was 34.8% in Dec 2024, while the lowest was 13.3% in Mar 2026.

DOV margin group comparison

Margins compared with peer-group, industry and sector averages

Dover's gross margin of 39.6% is above the Industrials sector and the industry average but below its peers average. Looking at its Industrials sector average of 32.7%, Dover's gross margin is 21% higher.

DOV margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Dover's gross margin?

For the period ending Jun 30, 2026, DOV recorded a gross margin of 39.6%.

What is Dover's operating margin?

For the period ending Jun 30, 2026, DOV recorded an operating margin of 16.9%.

What is Dover's EBITDA margin?

For the period ending Jun 30, 2026, DOV recorded an EBITDA margin of 22.9%.

What is Dover's net margin?

For the period ending Jun 30, 2026, DOV recorded a net margin of 13.5%.

What are the average margins of DOV?

Over the last 3 years, Dover's margins averaged 38.7% gross, 19.1% operating, 30.8% EBITDA, and 21.3% net.

What are the highest historical margins of DOV?

Across the 5-year period, DOV posted its highest margins at 39.8% gross in Dec 2025, 23.5% operating in Sep 2024, 45.5% EBITDA in Dec 2024, and 34.8% net in Dec 2024.

What are the lowest historical margins of DOV?

Dover's lowest recorded margins during the past 5 years were 36.1% gross in Sep 2022, 15.9% operating in Dec 2023, 21.4% EBITDA in Dec 2022, and 13.1% net in Jun 2023.