Dover Corporation (DOV) Gross Margin: 39.77%
Is Dover Corporation’s gross margin high or low?
Dover Corporation's gross margin of 39.77% is in line with its 5-year average of 37.82%, near the high end of its 5-year range (37.02%–39.77%).
The gross margin for Dover Corporation (DOV) is 39.77% as of Tuesday, June 9, 2026. It is above its 12-month average by 2.01% (38.98%).
DOV Gross Margin Chart
DOV Average Gross Margin Chart
DOV Current vs Average Gross Margin Chart
DOV Gross Margin Metrics
GROSS MARGIN
39.77%
GROSS MARGIN AVG TTM
38.98%
GROSS MARGIN AVG 3Y
38.08%
GROSS MARGIN AVG 5Y
37.82%
GROSS MARGIN AVG 10Y
37.37%
GROSS MARGIN AVG 15Y
37.84%
GROSS MARGIN AVG 20Y
37.44%
CURRENT VS TTM AVG
+2.01%
CURRENT VS 3Y AVG
+4.44%
CURRENT VS 5Y AVG
+5.17%
CURRENT VS 10Y AVG
+6.41%
CURRENT VS 15Y AVG
+5.10%
CURRENT VS 20Y AVG
+6.22%
DOV Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dover Corporation (DOV) | — | 39.77% | 38.98% | 38.08% | 37.82% |
| Xylem Inc. (XYL) | $26.35B | 38.46% | 37.98% | 37.65% | 37.69% |
| Paychex, Inc. (PAYX) | $35.93B | 72.35% | 72.16% | 71.47% | 70.48% |
| Axon Enterprise, Inc. (AXON) | $36.47B | 59.65% | 59.63% | 60.43% | 60.72% |
| Fortive Corporation (FTV) | $19.14B | 60.96% | 60.41% | 59.45% | 58.59% |
| Generac Holdings Inc. (GNRC) | $15.36B | 38.29% | 38.53% | 36.09% | 36.54% |
| Pentair plc (PNR) | $12.05B | 40.48% | 39.82% | 37.44% | 36.64% |
| Gartner, Inc. (IT) | $10.54B | 67.66% | 67.69% | 68.06% | 68.15% |
| Rockwell Automation, Inc. (ROK) | $51.24B | 48.14% | 46.33% | 43.42% | 43.59% |
| Old Dominion Freight Line, Inc. (ODFL) | $51.73B | 32.15% | 33.47% | 34.58% | 33.78% |
Gross Margin Analysis
Gross Margin
39.8%
(Revenue - COGS) / Revenue
Dover Corporation Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Dover Corporation Gross Margin FAQ
- What is the gross margin for Dover Corporation (DOV)?
- The gross margin for DOV stock is 39.77%.
- Is Dover Corporation's gross margin high or low?
- Dover Corporation's gross margin of 39.77% is in line with its 5-year average of 37.82%, near the high end of its 5-year range (37.02%–39.77%).
- What is the TTM average gross margin for Dover Corporation (DOV)?
- The TTM average gross margin for DOV stock is 38.98%.
- What is the 3Y average gross margin for Dover Corporation (DOV)?
- The 3Y average gross margin for DOV stock is 38.08%.
- What is the 5Y average gross margin for Dover Corporation (DOV)?
- The 5Y average gross margin for DOV stock is 37.82%.
- What is the 10Y average gross margin for Dover Corporation (DOV)?
- The 10Y average gross margin for DOV stock is 37.37%.
- What is the 15Y average gross margin for Dover Corporation (DOV)?
- The 15Y average gross margin for DOV stock is 37.84%.
- What is the 20Y average gross margin for Dover Corporation (DOV)?
- The 20Y average gross margin for DOV stock is 37.44%.
Dover Corporation Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 39.77% |
| 2024-12-31 | 38.20% |
| 2023-12-31 | 37.32% |
| 2022-12-31 | 37.03% |
| 2021-12-31 | 37.56% |
| 2020-12-31 | 37.02% |
| 2019-12-31 | 36.73% |
| 2018-12-31 | 36.61% |
| 2017-12-31 | 37.08% |
| 2016-12-31 | 36.86% |
| 2015-12-31 | 36.92% |
| 2014-12-31 | 38.36% |
| 2013-12-31 | 38.83% |
| 2012-12-31 | 38.93% |
| 2011-12-31 | 38.60% |
| 2010-12-31 | 39.65% |
| 2009-12-31 | 36.34% |
| 2008-12-31 | 36.07% |
| 2007-12-31 | 36.28% |
| 2006-12-31 | 36.47% |
| 2005-12-31 | 35.67% |
| 2004-12-31 | 35.75% |
| 2003-12-31 | 34.45% |
| 2002-12-31 | 32.83% |
| 2001-12-31 | 32.05% |
| 2000-12-31 | 36.74% |
| 1999-12-31 | 36.31% |
| 1998-12-31 | 40.07% |
| 1997-12-31 | 40.40% |
| 1996-12-31 | 38.85% |
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