Company

Dover Corporation

DOVIndustrial Conglomerates

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.

$8.09B
Revenue (LTM)
44
Acquisitions
17.0%
Operating margin
Q1 2026
Latest call

Financials

View financials
Revenue (FY2025) $8.09B
YoY growth +4.5%
Operating margin 17.0%
Direction Expanding
Gross margin 39.8%
Net margin 13.6%
Dover Corporation acquires ECI Holding Company, LLC (RegO)Clean Energy & Fueling · 2021 View full deal Dover Corporation acquires Sikora AGImaging & Identification · 2025 View full deal Dover Corporation acquires FW Murphy Production ControlsPumps & Process Solutions · 2023 View full deal Dover Corporation acquires Marshall Excelsior Company (MEC)Pumps & Process Solutions · 2024 View full deal Dover Corporation acquires Acme Cryo Intermediate Inc. (Acme Cryogenics)Clean Energy & Fueling · 2021 View full deal Dover Corporation acquires Malema Engineering CorporationPumps & Process Solutions · 2022 View full deal Dover Corporation acquires Bulloch Technologies, Inc.Clean Energy & Fueling · 2024 View full deal Dover Corporation acquires Witte Pumps & Technology GmbHPumps & Process Solutions · 2022 View full deal Dover Corporation acquires The Espy CorporationEngineered Products · 2021 View full deal Dover Corporation acquires Transchem GroupClean Energy & Fueling · 2024 View full deal Dover Corporation acquires Demaco Holland B.V.Pumps & Process Solutions · 2024 View full deal Dover Corporation acquires AvaLAN Wireless Systems, Inc.Clean Energy & Fueling · 2021 View full deal Dover Corporation acquires Carter Day International petrochemical assetsPumps & Process Solutions · 2024 View full deal Dover Corporation acquires Blue Bite LLCImaging & Identification · 2021 View full deal Dover Corporation acquires CDS Visual, Inc.Engineered Products · 2021 View full deal Dover Corporation acquires Cryogenic Machinery Corp. (Cryo-Mach)Pumps & Process Solutions · 2025 View full deal Dover Corporation acquires ipp Pump Products GmbHPumps & Process Solutions · 2025 View full deal Dover Corporation acquires Criteria Labs, Inc.Engineered Products · 2024 View full deal Dover Corporation acquires Site IQ LLC (SIQ)Clean Energy & Fueling · 2025 View full deal Dover Corporation acquires SPS Cryogenics B.V. / Special Gas Systems B.V.Pumps & Process Solutions · 2024 View full deal Dover Corporation acquires Arc Pacific groupImaging & Identification · 2023 View full deal Dover Corporation acquires AMN DPIPumps & Process Solutions · 2022 View full deal

Share repurchases

Dover has a standing authorization (approved August 2023) to repurchase up to 20 million shares from January 1, 2024 through December 31, 2026, with 14,346,708 shares remaining available as of March 31, 2026.

20 million shares (August 2023 standing authorization, Jan 1 2024 through Dec 31 2026)
Authorized
14,346,708 shares
Remaining
$540.7 million (FY2025, includes payment under accelerated share repurchase program)
Repurchased (latest FY)

Competitors

Named competitors
Snap-On Inc.The COATS CompanyArrowhead WinchTeledyneNordson CorporationVontierTatsunoFranklin ElectricVerifoneElaflexPDI Technologies, Inc.Ingersoll RandDixon Valve & Coupling CompanyCrane 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.

Recent SEC filings

View on EDGAR
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 ↗

See how VectorShift works for your firm

Request Demo