Dover annual free cash flow
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2025
Dover Free Cash Flow (FCF) History (DOV)
Dover reported $1.12B in free cash flow for fiscal 2025, an increase of 21.45% from the previous fiscal year, with a free cash flow margin of 13.81%.
View full Dover company overviewDover free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.12B | $197.4M | +21.45% | +13.81% |
| 2024 | 2024-12-31 | $920.3M | −$232.6M | −20.18% | +11.88% |
| 2023 | 2023-12-31 | $1.15B | $558.3M | +93.89% | +15.00% |
| 2022 | 2022-12-31 | $594.6M | −$349.8M | −37.03% | +7.58% |
| 2021 | 2021-12-31 | $944.4M | $5.3M | +0.56% | +11.94% |
| 2020 | 2020-12-31 | $939.1M | $180.6M | +23.81% | +14.05% |
| 2019 | 2019-12-31 | $758.5M | $140.3M | +22.70% | +10.63% |
| 2018 | 2018-12-31 | $618.2M | $48.9M | +8.58% | +8.84% |
| 2017 | 2017-12-31 | $569.3M | −$25.7M | −4.32% | +8.35% |
| 2016 | 2016-12-31 | $595.0M | −$199.8M | −25.14% | +9.85% |
| 2015 | 2015-12-31 | $794.8M | $10.7M | +1.36% | +11.43% |
| 2014 | 2014-12-31 | $784.1M | −$53.8M | −6.42% | +10.11% |
| 2013 | 2013-12-31 | $837.9M | $16.1M | +1.95% | +11.71% |
| 2012 | 2012-12-31 | $821.9M | $135.7M | +19.77% | +12.40% |
| 2011 | 2011-12-31 | $686.2M | $25.2M | +3.81% | +9.31% |
| 2010 | 2010-12-31 | $661.0M | $30.6M | +4.85% | +10.82% |
| 2009 | 2009-12-31 | $630.4M | −$204.2M | −24.47% | +11.80% |
| 2008 | 2008-12-31 | $834.6M | $80.6M | +10.69% | +11.03% |
| 2007 | 2007-12-31 | $754.0M | — | — | +10.30% |
Dover quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $188.4M | $37.0M | +24.42% | +8.60% |
| Q1 2026 | 2026-03-31 | $131.2M | $21.9M | +20.05% | +6.39% |
| Q4 2025 | 2025-12-31 | $487.0M | $176.5M | +56.87% | +23.20% |
| Q3 2025 | 2025-09-30 | $370.1M | $54.6M | +17.31% | +17.81% |
| Q2 2025 | 2025-06-30 | $151.4M | −$16.4M | −9.79% | +7.39% |
| Q1 2025 | 2025-03-31 | $109.3M | −$17.3M | −13.64% | +5.86% |
| Q4 2024 | 2024-12-31 | $310.4M | −$148.6M | −32.38% | +16.09% |
| Q3 2024 | 2024-09-30 | $315.5M | −$30.3M | −8.76% | +15.91% |
| Q2 2024 | 2024-06-30 | $167.8M | $12.7M | +8.16% | +8.61% |
| Q1 2024 | 2024-03-31 | $126.5M | −$66.4M | −34.40% | +6.72% |
| Q4 2023 | 2023-12-31 | $459.1M | $165.5M | +56.36% | +29.68% |
| Q3 2023 | 2023-09-30 | $345.8M | $146.6M | +73.62% | +17.66% |
| Q2 2023 | 2023-06-30 | $155.2M | $26.6M | +20.69% | +7.39% |
| Q1 2023 | 2023-03-31 | $192.9M | $219.6M | — | +9.28% |
| Q4 2022 | 2022-12-31 | $293.6M | $16.6M | +6.00% | +19.90% |
| Q3 2022 | 2022-09-30 | $199.2M | −$104.2M | −34.36% | +9.23% |
| Q2 2022 | 2022-06-30 | $128.6M | −$89.5M | −41.05% | +5.96% |
| Q1 2022 | 2022-03-31 | −$26.7M | −$172.6M | — | −1.30% |
| Q4 2021 | 2021-12-31 | $277.0M | −$98.8M | −26.29% | +13.92% |
| Q3 2021 | 2021-09-30 | $303.4M | $8.5M | +2.90% | +15.03% |
| Q2 2021 | 2021-06-30 | $218.1M | −$14.7M | −6.32% | +10.74% |
| Q1 2021 | 2021-03-31 | $145.9M | $110.2M | +308.85% | +7.81% |
| Q4 2020 | 2020-12-31 | $375.8M | $64.1M | +20.56% | +21.11% |
| Q3 2020 | 2020-09-30 | $294.9M | −$9.8M | −3.23% | +16.87% |
| Q2 2020 | 2020-06-30 | $232.8M | $78.1M | +50.45% | +15.53% |
| Q1 2020 | 2020-03-31 | $35.7M | $48.3M | — | +2.16% |
| Q4 2019 | 2019-12-31 | $311.7M | −$22.4M | −6.70% | +17.55% |
| Q3 2019 | 2019-09-30 | $304.7M | $98.9M | +48.08% | +16.69% |
| Q2 2019 | 2019-06-30 | $154.7M | $47.2M | +43.92% | +8.55% |
| Q1 2019 | 2019-03-31 | −$12.6M | $16.5M | — | −0.73% |
| Q4 2018 | 2018-12-31 | $334.1M | $88.4M | +35.96% | +18.47% |
| Q3 2018 | 2018-09-30 | $205.8M | $1.4M | +0.68% | +11.77% |
| Q2 2018 | 2018-06-30 | $107.5M | $24.1M | +28.84% | +5.98% |
| Q1 2018 | 2018-03-31 | −$29.1M | −$65.0M | — | −1.78% |
| Q4 2017 | 2017-12-31 | $245.7M | $107.9M | +78.25% | +16.14% |
| Q3 2017 | 2017-09-30 | $204.4M | $15.8M | +8.39% | +11.69% |
| Q2 2017 | 2017-06-30 | $83.5M | −$89.0M | −51.61% | +4.80% |
| Q1 2017 | 2017-03-31 | $35.8M | −$60.4M | −62.77% | +1.97% |
| Q4 2016 | 2016-12-31 | $137.8M | −$135.8M | −49.63% | +13.42% |
| Q3 2016 | 2016-09-30 | $188.5M | −$54.1M | −22.31% | +11.04% |
| Q2 2016 | 2016-06-30 | $172.4M | −$2.7M | −1.52% | +10.23% |
| Q1 2016 | 2016-03-31 | $96.2M | −$7.2M | −6.96% | +5.93% |
| Q4 2015 | 2015-12-31 | $273.6M | −$113.9M | −29.39% | +16.15% |
| Q3 2015 | 2015-09-30 | $242.7M | −$15.8M | −6.11% | +13.58% |
| Q2 2015 | 2015-06-30 | $175.1M | $32.6M | +22.91% | +9.96% |
| Q1 2015 | 2015-03-31 | $103.4M | $107.7M | — | +6.03% |
| Q4 2014 | 2014-12-31 | $387.5M | $40.1M | +11.53% | +19.59% |
| Q3 2014 | 2014-09-30 | $258.5M | $16.8M | +6.95% | +12.86% |
| Q2 2014 | 2014-06-30 | $142.5M | −$74.9M | −34.46% | +7.26% |
| Q1 2014 | 2014-03-31 | −$4.3M | −$35.7M | — | −0.24% |
| Q4 2013 | 2013-12-31 | $347.5M | $131.9M | +61.22% | +22.88% |
| Q3 2013 | 2013-09-30 | $241.7M | $23.7M | +10.88% | +12.46% |
| Q2 2013 | 2013-06-30 | $217.4M | $46.8M | +27.41% | +11.25% |
| Q1 2013 | 2013-03-31 | $31.4M | −$61.7M | −66.28% | +1.78% |
| Q4 2012 | 2012-12-31 | $215.5M | $40.0M | +22.78% | +40.20% |
| Q3 2012 | 2012-09-30 | $218.0M | −$93.6M | −30.05% | +10.39% |
| Q2 2012 | 2012-06-30 | $170.6M | $37.7M | +28.35% | +8.37% |
| Q1 2012 | 2012-03-31 | $93.1M | $27.0M | +40.76% | +4.76% |
| Q4 2011 | 2011-12-31 | $175.5M | −$131.9M | −42.91% | +12.33% |
| Q3 2011 | 2011-09-30 | $311.6M | $190.1M | +156.38% | +14.57% |
| Q2 2011 | 2011-06-30 | $132.9M | −$51.3M | −27.86% | +6.66% |
| Q1 2011 | 2011-03-31 | $66.1M | $18.4M | +38.54% | +3.65% |
| Q4 2010 | 2010-12-31 | $307.5M | $147.9M | +92.71% | +32.80% |
| Q3 2010 | 2010-09-30 | $121.5M | −$100.5M | −45.25% | +6.74% |
| Q2 2010 | 2010-06-30 | $184.3M | $18.8M | +11.36% | +10.31% |
| Q1 2010 | 2010-03-31 | $47.7M | −$35.7M | −42.76% | +3.01% |
| Q4 2009 | 2009-12-31 | $159.5M | −$146.3M | −47.84% | +14.84% |
| Q3 2009 | 2009-09-30 | $222.0M | — | — | +14.80% |
| Q2 2009 | 2009-06-30 | $165.5M | — | — | +11.90% |
| Q1 2009 | 2009-03-31 | $83.4M | — | — | +6.05% |
| Q3 2008 | 2008-09-30 | $305.9M | — | — | +15.56% |
Dover free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $939.1M to $1.12B, a compound annual growth rate of 3.54%. Dover's latest reported quarter, Q2 2026, generated $188.4M in free cash flow, an increase of 24.42% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Dover filings at SEC.gov ↗