Dover annual debt-to-equity ratio
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2025
Dover Debt-to-Equity Ratio Growth & History (DOV)
Dover's debt-to-equity ratio was 0.49 for fiscal 2025.
View full Dover company overviewDover annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.49 | 0.03 | +6.44% |
| 2024 | 2024-12-31 | 0.46 | −0.18 | −27.95% |
| 2023 | 2023-12-31 | 0.63 | −0.11 | −14.58% |
| 2022 | 2022-12-31 | 0.74 | −0.03 | −3.77% |
| 2021 | 2021-12-31 | 0.77 | −0.20 | −20.90% |
| 2020 | 2020-12-31 | 0.98 | −0.07 | −6.34% |
| 2019 | 2019-12-31 | 1.04 | −0.02 | −2.04% |
| 2018 | 2018-12-31 | 1.06 | 0.30 | +39.66% |
| 2017 | 2017-12-31 | 0.76 | −0.09 | −10.45% |
| 2016 | 2016-12-31 | 0.85 | 0.09 | +12.47% |
| 2015 | 2015-12-31 | 0.76 | −0.06 | −7.71% |
| 2014 | 2014-12-31 | 0.82 | 0.29 | +55.71% |
| 2013 | 2013-12-31 | 0.53 | −0.04 | −7.59% |
| 2012 | 2012-12-31 | 0.57 | 0.13 | +28.31% |
| 2011 | 2011-12-31 | 0.44 | 0.04 | +11.10% |
| 2010 | 2010-12-31 | 0.40 | −0.06 | −12.37% |
| 2009 | 2009-12-31 | 0.46 | −0.09 | −17.13% |
| 2008 | 2008-12-31 | 0.55 | — | — |
Dover quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.51 | 0.05 | +9.76% |
| Q1 2026 | 2026-03-31 | 0.53 | 0.06 | +12.55% |
| Q4 2025 | 2025-12-31 | 0.49 | 0.03 | +6.44% |
| Q3 2025 | 2025-09-30 | 0.45 | −0.14 | −23.80% |
| Q2 2025 | 2025-06-30 | 0.47 | −0.13 | −21.16% |
| Q1 2025 | 2025-03-31 | 0.47 | −0.29 | −38.25% |
| Q4 2024 | 2024-12-31 | 0.46 | −0.18 | −27.95% |
| Q3 2024 | 2024-09-30 | 0.59 | −0.06 | −8.85% |
| Q2 2024 | 2024-06-30 | 0.59 | −0.14 | −19.46% |
| Q1 2024 | 2024-03-31 | 0.77 | −0.01 | −1.82% |
| Q4 2023 | 2023-12-31 | 0.63 | −0.11 | −14.58% |
| Q3 2023 | 2023-09-30 | 0.65 | −0.26 | −28.32% |
| Q2 2023 | 2023-06-30 | 0.73 | −0.02 | −3.24% |
| Q1 2023 | 2023-03-31 | 0.78 | 0.06 | +9.00% |
| Q4 2022 | 2022-12-31 | 0.74 | −0.03 | −3.77% |
| Q3 2022 | 2022-09-30 | 0.91 | 0.12 | +15.71% |
| Q2 2022 | 2022-06-30 | 0.76 | −0.07 | −8.47% |
| Q1 2022 | 2022-03-31 | 0.71 | −0.30 | −29.80% |
| Q4 2021 | 2021-12-31 | 0.77 | −0.20 | −20.90% |
| Q3 2021 | 2021-09-30 | 0.79 | −0.18 | −18.64% |
| Q2 2021 | 2021-06-30 | 0.83 | −0.31 | −26.95% |
| Q1 2021 | 2021-03-31 | 1.02 | −0.14 | −12.35% |
| Q4 2020 | 2020-12-31 | 0.98 | −0.07 | −6.34% |
| Q3 2020 | 2020-09-30 | 0.97 | −0.11 | −10.54% |
| Q2 2020 | 2020-06-30 | 1.13 | −0.04 | −3.45% |
| Q1 2020 | 2020-03-31 | 1.16 | −0.06 | −4.70% |
| Q4 2019 | 2019-12-31 | 1.04 | −0.02 | −2.04% |
| Q3 2019 | 2019-09-30 | 1.08 | −0.11 | −9.50% |
| Q2 2019 | 2019-06-30 | 1.18 | 0.03 | +2.42% |
| Q1 2019 | 2019-03-31 | 1.22 | 0.44 | +56.72% |
| Q4 2018 | 2018-12-31 | 1.06 | 0.30 | +39.66% |
| Q3 2018 | 2018-09-30 | 1.19 | 1.11 | +1351.83% |
| Q2 2018 | 2018-06-30 | 1.15 | 1.06 | +1223.58% |
| Q1 2018 | 2018-03-31 | 0.78 | 0.69 | +761.14% |
| Q4 2017 | 2017-12-31 | 0.76 | −0.09 | −10.45% |
| Q3 2017 | 2017-09-30 | 0.08 | −0.74 | −90.04% |
| Q2 2017 | 2017-06-30 | 0.09 | −0.71 | −89.09% |
| Q1 2017 | 2017-03-31 | 0.09 | −0.73 | −88.93% |
| Q4 2016 | 2016-12-31 | 0.85 | 0.09 | +12.47% |
| Q3 2016 | 2016-09-30 | 0.83 | 0.07 | +9.59% |
| Q2 2016 | 2016-06-30 | 0.79 | 0.07 | +9.51% |
| Q1 2016 | 2016-03-31 | 0.82 | 0.02 | +2.67% |
| Q4 2015 | 2015-12-31 | 0.76 | −0.06 | −7.71% |
| Q3 2015 | 2015-09-30 | 0.75 | 0.06 | +8.47% |
| Q2 2015 | 2015-06-30 | 0.73 | 0.05 | +6.82% |
| Q1 2015 | 2015-03-31 | 0.79 | 0.08 | +11.13% |
| Q4 2014 | 2014-12-31 | 0.82 | 0.29 | +55.71% |
| Q3 2014 | 2014-09-30 | 0.69 | 0.15 | +28.20% |
| Q2 2014 | 2014-06-30 | 0.68 | 0.11 | +18.49% |
| Q1 2014 | 2014-03-31 | 0.71 | 0.11 | +17.70% |
| Q4 2013 | 2013-12-31 | 0.53 | −0.04 | −7.59% |
| Q3 2013 | 2013-09-30 | 0.54 | 0.12 | +28.61% |
| Q2 2013 | 2013-06-30 | 0.57 | 0.14 | +33.47% |
| Q1 2013 | 2013-03-31 | 0.61 | 0.18 | +40.82% |
| Q4 2012 | 2012-12-31 | 0.57 | 0.13 | +28.31% |
| Q3 2012 | 2012-09-30 | 0.42 | −0.03 | −6.04% |
| Q2 2012 | 2012-06-30 | 0.43 | −0.03 | −5.53% |
| Q1 2012 | 2012-03-31 | 0.43 | −0.04 | −8.06% |
| Q4 2011 | 2011-12-31 | 0.44 | 0.04 | +11.10% |
| Q3 2011 | 2011-09-30 | 0.45 | 0.03 | +6.59% |
| Q2 2011 | 2011-06-30 | 0.45 | −0.00 | −0.89% |
| Q1 2011 | 2011-03-31 | 0.47 | −0.02 | −4.28% |
| Q4 2010 | 2010-12-31 | 0.40 | −0.06 | −12.37% |
| Q3 2010 | 2010-09-30 | 0.42 | −0.04 | −8.70% |
| Q2 2010 | 2010-06-30 | 0.46 | −0.05 | −9.48% |
| Q1 2010 | 2010-03-31 | 0.49 | — | — |
| Q4 2009 | 2009-12-31 | 0.46 | −0.09 | −17.13% |
| Q3 2009 | 2009-09-30 | 0.46 | — | — |
| Q2 2009 | 2009-06-30 | 0.51 | — | — |
| Q4 2008 | 2008-12-31 | 0.55 | — | — |
Dover debt-to-equity ratio trends
Over the last five fiscal years, Dover's debt-to-equity ratio decreased from 0.98 to 0.49, a change of −0.49. The latest reported quarter, Q2 2026, shows 0.51.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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