Dover Corporation (DOV) Current Ratio: 1.79
Is Dover Corporation’s current ratio high or low?
Dover Corporation's current ratio of 1.79 is 17% above its 5-year average of 1.53, around the middle of its 5-year range (1.23–2.04).
The current ratio for Dover Corporation (DOV) is 1.79 as of Wednesday, June 10, 2026. It is below its 12-month average by 6.53% (1.92).
DOV Current Ratio Chart
DOV Average Current Ratio Chart
DOV Current vs Average Current Ratio Chart
DOV Current Ratio Metrics
CURRENT RATIO
1.79
CURRENT RATIO AVG TTM
1.92
CURRENT RATIO AVG 3Y
1.61
CURRENT RATIO AVG 5Y
1.53
CURRENT RATIO AVG 10Y
1.48
CURRENT RATIO AVG 15Y
1.56
CURRENT RATIO AVG 20Y
1.63
CURRENT VS TTM AVG
-6.53%
CURRENT VS 3Y AVG
+10.84%
CURRENT VS 5Y AVG
+16.87%
CURRENT VS 10Y AVG
+20.58%
CURRENT VS 15Y AVG
+14.84%
CURRENT VS 20Y AVG
+10.07%
DOV Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dover Corporation (DOV) | — | 1.79 | 1.92 | 1.61 | 1.53 |
| Xylem Inc. (XYL) | $25.76B | 1.63 | 1.69 | 1.76 | 1.85 |
| Hubbell Incorporated (HUBB) | $25.71B | 1.72 | 1.68 | 1.71 | 1.72 |
| Paychex, Inc. (PAYX) | $36.22B | 1.28 | 1.33 | 1.30 | 1.28 |
| Axon Enterprise, Inc. (AXON) | $36.97B | 2.53 | 1.95 | 2.51 | 2.75 |
| Fortive Corporation (FTV) | $18.62B | 0.71 | 0.93 | 1.21 | 1.18 |
| Generac Holdings Inc. (GNRC) | $14.31B | 2.03 | 2.00 | 2.12 | 2.11 |
| Pentair plc (PNR) | $11.68B | 1.61 | 1.60 | 1.58 | 1.47 |
| Gartner, Inc. (IT) | $10.54B | 1.00 | 1.03 | 0.94 | 0.89 |
| Powell Industries, Inc. (POWL) | $10.33B | 2.09 | 1.95 | 1.86 | 2.02 |
Liquidity Analysis
Current Ratio
1.79
Quick Ratio
1.28
Dover Corporation Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Dover Corporation Current Ratio FAQ
- What is the current ratio for Dover Corporation (DOV)?
- The current ratio for DOV stock is 1.79.
- Is Dover Corporation's current ratio high or low?
- Dover Corporation's current ratio of 1.79 is 17% above its 5-year average of 1.53, around the middle of its 5-year range (1.23–2.04).
- What is the TTM average current ratio for Dover Corporation (DOV)?
- The TTM average current ratio for DOV stock is 1.92.
- What is the 3Y average current ratio for Dover Corporation (DOV)?
- The 3Y average current ratio for DOV stock is 1.61.
- What is the 5Y average current ratio for Dover Corporation (DOV)?
- The 5Y average current ratio for DOV stock is 1.53.
- What is the 10Y average current ratio for Dover Corporation (DOV)?
- The 10Y average current ratio for DOV stock is 1.48.
- What is the 15Y average current ratio for Dover Corporation (DOV)?
- The 15Y average current ratio for DOV stock is 1.56.
- What is the 20Y average current ratio for Dover Corporation (DOV)?
- The 20Y average current ratio for DOV stock is 1.63.
Dover Corporation Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2025-12-31 | 1.79 |
| 2024-12-31 | 2.04 |
| 2023-12-31 | 1.40 |
| 2022-12-31 | 1.23 |
| 2021-12-31 | 1.36 |
| 2020-12-31 | 1.37 |
| 2019-12-31 | 1.46 |
| 2018-12-31 | 1.37 |
| 2017-12-31 | 1.21 |
| 2016-12-31 | 1.33 |
| 2015-12-31 | 1.77 |
| 2014-12-31 | 1.42 |
| 2013-12-31 | 1.45 |
| 2012-12-31 | 1.52 |
| 2011-12-31 | 2.70 |
| 2010-12-31 | 1.52 |
| 2009-12-31 | 2.60 |
| 2008-12-31 | 2.11 |
| 2007-12-31 | 1.51 |
| 2006-12-31 | 1.58 |
| 2005-12-31 | 1.41 |
| 2004-12-31 | 1.52 |
| 2003-12-31 | 2.03 |
| 2002-12-31 | 2.30 |
| 2001-12-31 | 1.92 |
| 2000-12-31 | 1.23 |
| 1999-12-31 | 1.21 |
| 1998-12-31 | 1.32 |
| 1997-12-31 | 1.33 |
| 1996-12-31 | 1.31 |
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