Dover Corporation (DOV) EBITDA Margin: 23.03%
Is Dover Corporation’s EBITDA margin high or low?
Dover Corporation's EBITDA margin of 23.03% is in line with its 5-year average of 22.28%, around the middle of its 5-year range (18.44%–28.74%).
The EBITDA margin for Dover Corporation (DOV) is 23.03% as of Tuesday, June 9, 2026. It is below its 12-month average by 11.03% (25.88%).
DOV EBITDA Margin Chart
DOV Average EBITDA Margin Chart
DOV Current vs Average EBITDA Margin Chart
DOV EBITDA Margin Metrics
EBITDA MARGIN
23.03%
EBITDA MARGIN AVG TTM
25.88%
EBITDA MARGIN AVG 3Y
23.12%
EBITDA MARGIN AVG 5Y
22.28%
EBITDA MARGIN AVG 10Y
20.21%
EBITDA MARGIN AVG 15Y
20.00%
EBITDA MARGIN AVG 20Y
19.13%
CURRENT VS TTM AVG
-11.03%
CURRENT VS 3Y AVG
-0.40%
CURRENT VS 5Y AVG
+3.38%
CURRENT VS 10Y AVG
+13.97%
CURRENT VS 15Y AVG
+15.15%
CURRENT VS 20Y AVG
+20.40%
DOV Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dover Corporation (DOV) | — | 23.03% | 25.88% | 23.12% | 22.28% |
| Xylem Inc. (XYL) | $26.35B | 19.76% | 19.77% | 16.97% | 16.08% |
| Paychex, Inc. (PAYX) | $35.93B | 44.70% | 45.39% | 44.74% | 43.51% |
| Axon Enterprise, Inc. (AXON) | $36.47B | 7.06% | 14.02% | 14.73% | 7.71% |
| Fortive Corporation (FTV) | $19.14B | 23.34% | 25.04% | 25.16% | 27.84% |
| Generac Holdings Inc. (GNRC) | $15.36B | 11.50% | 13.56% | 14.17% | 16.76% |
| Pentair plc (PNR) | $12.05B | 22.60% | 22.59% | 20.84% | 20.00% |
| Gartner, Inc. (IT) | $10.54B | 18.92% | 23.19% | 23.96% | 23.24% |
| Rockwell Automation, Inc. (ROK) | $51.24B | 16.76% | 17.87% | 19.06% | 19.59% |
| Old Dominion Freight Line, Inc. (ODFL) | $51.73B | 31.41% | 32.06% | 32.90% | 32.02% |
Margin Comparison
Gross Margin
39.8%
EBITDA Margin
23.0%
Operating Margin
17.0%
Net Margin
13.5%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
Dover Corporation EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Dover Corporation EBITDA Margin FAQ
- What is the EBITDA margin for Dover Corporation (DOV)?
- The EBITDA margin for DOV stock is 23.03%.
- Is Dover Corporation's EBITDA margin high or low?
- Dover Corporation's EBITDA margin of 23.03% is in line with its 5-year average of 22.28%, around the middle of its 5-year range (18.44%–28.74%).
- What is the TTM average EBITDA margin for Dover Corporation (DOV)?
- The TTM average EBITDA margin for DOV stock is 25.88%.
- What is the 3Y average EBITDA margin for Dover Corporation (DOV)?
- The 3Y average EBITDA margin for DOV stock is 23.12%.
- What is the 5Y average EBITDA margin for Dover Corporation (DOV)?
- The 5Y average EBITDA margin for DOV stock is 22.28%.
- What is the 10Y average EBITDA margin for Dover Corporation (DOV)?
- The 10Y average EBITDA margin for DOV stock is 20.21%.
- What is the 15Y average EBITDA margin for Dover Corporation (DOV)?
- The 15Y average EBITDA margin for DOV stock is 20.00%.
- What is the 20Y average EBITDA margin for Dover Corporation (DOV)?
- The 20Y average EBITDA margin for DOV stock is 19.13%.
Dover Corporation EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-12-31 | 23.03% |
| 2024-12-31 | 28.74% |
| 2023-12-31 | 20.29% |
| 2022-12-31 | 20.43% |
| 2021-12-31 | 22.73% |
| 2020-12-31 | 18.44% |
| 2019-12-31 | 17.39% |
| 2018-12-31 | 16.29% |
| 2017-12-31 | 19.12% |
| 2016-12-31 | 17.71% |
| 2015-12-31 | 18.10% |
| 2014-12-31 | 19.77% |
| 2013-12-31 | 20.25% |
| 2012-12-31 | 19.42% |
| 2011-12-31 | 19.34% |
| 2010-12-31 | 18.95% |
| 2009-12-31 | 14.72% |
| 2008-12-31 | 17.22% |
| 2007-12-31 | 16.96% |
| 2006-12-31 | 17.28% |
| 2005-12-31 | 15.51% |
| 2004-12-31 | 15.25% |
| 2003-12-31 | 13.48% |
| 2002-12-31 | 12.13% |
| 2001-12-31 | 12.35% |
| 2000-12-31 | 19.71% |
| 1999-12-31 | 18.36% |
| 1998-12-31 | 17.59% |
| 1997-12-31 | 18.39% |
| 1996-12-31 | 17.51% |
Related Metrics
About Dover Corporation
Dover Corporation operates as a global enterprise, supplying a wide array of industrial equipment, essential components, consumable products, replacement parts, software and digital platforms, and comprehensive support services. Its Engineered Products division delivers diverse machinery, parts, software, and solutions tailored for various industries, including automotive aftermarket service, waste management, industrial automation, aerospace and defense, heavy-duty winching and hoisting, and fluid dispensing. This segment also manufactures specific items such as manual and power clamps, rotary and linear mechanical indexers, conveyors, robotic pick-and-place units, glove ports, manipulators, and end-of-arm tooling like grippers, slides, and end effectors. The Clean Energy & Fueling segment focuses on providing components, equipment, software, and services crucial for the secure transportation of both traditional and sustainable fuels, along with other hazardous materials, throughout the supply chain. It further supports the operations of convenience retail outlets, fuel stations, and vehicle wash establishments. Through its Imaging and Identification segment, Dover offers solutions for precision marking and coding, intelligent packaging, product traceability, brand protection, and digital textile printing equipment. These offerings, along with associated consumables, software, and services, cater to markets like packaged and consumer goods, pharmaceuticals, industrial manufacturing, and fashion and apparel. The Pumps and Process Solutions segment is responsible for producing specialized pumps, connectors, flow meters, fluid connection systems, plastics and polymer processing machinery, and custom-engineered components for rotating and reciprocating equipment. Finally, the Climate & Sustainability Technologies segment manufactures advanced refrigeration systems, commercial refrigeration display cases, glass doors for refrigerators and freezers, and brazed plate heat exchangers, serving applications in industrial heating and cooling as well as residential climate control. Dover distributes its extensive product portfolio through both direct sales channels and a broad network of distributors. The company was founded in 1947 and maintains its headquarters in Downers Grove, Illinois.
- Sector
- Industrials
- Industry
- Industrial - Machinery
- CEO
- Richard Joseph Tobin