Business Description

Dover Corporation, founded in 1955 and headquartered in Downers Grove, Illinois, is a diversified industrial manufacturer trading on the NYSE under DOV. It offers a broad range of engineered products including industrial pumps, compressors, and automation systems designed for sectors such as energy, transportation, and manufacturing. Under the leadership of CEO Richard J. Tobin since 2012, Dover leverages recurring revenue, strategic acquisitions, and continuous innovation to secure niche market shares of 10-15%. The company’s commitment to digital transformation and sustainable practices underpins its strategy for future growth.

Everything on Dover Corporation

Revenue (FY2025) $8.09B
YoY growth +4.5%
Operating margin 17.0%
Direction Expanding
Gross margin 39.8%
Net margin 13.6%

Earnings Transcripts

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Leadership & board

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Share Repurchase Program

Total authorized
20 million shares (August 2023 standing authorization, Jan 1 2024 through Dec 31 2026)
Remaining (As of March 31, 2026)
14,346,708 shares
Latest FY repurchased
$540.7 million (FY2025, includes payment under accelerated share repurchase program)

Named Competitors

Snap-On Inc.The COATS CompanyArrowhead WinchTeledyneNordson CorporationVontierTatsunoFranklin ElectricVerifoneElaflexPDI Technologies, Inc.Ingersoll RandCrane CompanySonny's Enterprises LLCNational Carwash SolutionsWashtec AGVeralto CorporationBrother Industries, Ltd.Electronics for ImagingKornit Digital Ltd.IDEX CorporationITTSPX Flow Inc.Danaher CorporationAvantorSpirax SarcoKingsburyEcolabHoerbiger Holdings AGMiba AGHillenbrand Inc. +19 more

Customer Concentration

Dover serves thousands of customers, none of which accounted for more than 10% of consolidated revenue in 2025.

Recent SEC Filings

2026-05-12 Shareholder vote results View filing ↗
2026-04-23 Reported quarterly results (+1 more) View filing ↗
2026-04-08 Entered a material agreement (+2 more) View filing ↗
2026-01-29 Reported quarterly results (+1 more) View filing ↗
2025-11-12 Other event View filing ↗
2025-11-10 Other event View filing ↗
2025-10-23 Reported quarterly results (+1 more) View filing ↗
2025-07-24 Reported quarterly results (+1 more) View filing ↗
2025-05-06 Shareholder vote results View filing ↗
2025-04-24 Reported quarterly results (+1 more) View filing ↗
2025-04-03 Other event View filing ↗
2025-01-30 Reported quarterly results (+1 more) View filing ↗

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