Dover annual gross margin
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Dover Gross Margin Growth & History (DOV)
Dover's gross margin was 39.77% for fiscal 2025.
View full Dover company overviewDover annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 39.77% | +1.57 pp |
| 2024 | 2024-12-31 | 38.20% | +0.88 pp |
| 2023 | 2023-12-31 | 37.32% | +0.28 pp |
| 2022 | 2022-12-31 | 37.03% | −0.53 pp |
| 2021 | 2021-12-31 | 37.56% | +0.54 pp |
| 2020 | 2020-12-31 | 37.02% | +0.29 pp |
| 2019 | 2019-12-31 | 36.73% | +0.12 pp |
| 2018 | 2018-12-31 | 36.61% | −0.47 pp |
| 2017 | 2017-12-31 | 37.08% | +0.22 pp |
| 2016 | 2016-12-31 | 36.86% | −0.06 pp |
| 2015 | 2015-12-31 | 36.92% | −1.45 pp |
| 2014 | 2014-12-31 | 38.36% | −0.47 pp |
| 2013 | 2013-12-31 | 38.83% | −0.10 pp |
| 2012 | 2012-12-31 | 38.93% | +0.33 pp |
| 2011 | 2011-12-31 | 38.60% | −1.05 pp |
| 2010 | 2010-12-31 | 39.65% | +1.98 pp |
| 2009 | 2009-12-31 | 37.67% | +1.60 pp |
| 2008 | 2008-12-31 | 36.07% | +0.27 pp |
| 2007 | 2007-12-31 | 35.80% | — |
Dover quarterly gross margin
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 40.21% | +0.29 pp |
| Q1 2026 | 2026-03-31 | 38.86% | −1.09 pp |
| Q4 2025 | 2025-12-31 | 39.10% | +0.46 pp |
| Q3 2025 | 2025-09-30 | 40.12% | +1.64 pp |
| Q2 2025 | 2025-06-30 | 39.92% | +1.31 pp |
| Q1 2025 | 2025-03-31 | 39.95% | +2.94 pp |
| Q4 2024 | 2024-12-31 | 38.64% | −1.59 pp |
| Q3 2024 | 2024-09-30 | 38.48% | +0.72 pp |
| Q2 2024 | 2024-06-30 | 38.62% | +2.48 pp |
| Q1 2024 | 2024-03-31 | 37.01% | +1.08 pp |
| Q4 2023 | 2023-12-31 | 40.23% | −0.97 pp |
| Q3 2023 | 2023-09-30 | 37.75% | +1.95 pp |
| Q2 2023 | 2023-06-30 | 36.13% | −0.06 pp |
| Q1 2023 | 2023-03-31 | 35.93% | −0.29 pp |
| Q4 2022 | 2022-12-31 | 41.19% | +4.92 pp |
| Q3 2022 | 2022-09-30 | 35.80% | −1.58 pp |
| Q2 2022 | 2022-06-30 | 36.19% | −1.81 pp |
| Q1 2022 | 2022-03-31 | 36.22% | −2.41 pp |
| Q4 2021 | 2021-12-31 | 36.27% | −0.32 pp |
| Q3 2021 | 2021-09-30 | 37.39% | −0.29 pp |
| Q2 2021 | 2021-06-30 | 38.01% | +1.21 pp |
| Q1 2021 | 2021-03-31 | 38.63% | +1.66 pp |
| Q4 2020 | 2020-12-31 | 36.59% | −0.09 pp |
| Q3 2020 | 2020-09-30 | 37.68% | +0.78 pp |
| Q2 2020 | 2020-06-30 | 36.79% | −0.35 pp |
| Q1 2020 | 2020-03-31 | 36.97% | +0.82 pp |
| Q4 2019 | 2019-12-31 | 36.68% | +1.03 pp |
| Q3 2019 | 2019-09-30 | 36.90% | −0.10 pp |
| Q2 2019 | 2019-06-30 | 37.15% | +0.15 pp |
| Q1 2019 | 2019-03-31 | 36.15% | −0.66 pp |
| Q4 2018 | 2018-12-31 | 35.65% | −1.43 pp |
| Q3 2018 | 2018-09-30 | 37.00% | −0.15 pp |
| Q2 2018 | 2018-06-30 | 37.00% | −0.65 pp |
| Q1 2018 | 2018-03-31 | 36.81% | +0.35 pp |
| Q4 2017 | 2017-12-31 | 37.09% | +0.54 pp |
| Q3 2017 | 2017-09-30 | 37.14% | +0.15 pp |
| Q2 2017 | 2017-06-30 | 37.65% | +0.22 pp |
| Q1 2017 | 2017-03-31 | 36.46% | +0.14 pp |
| Q4 2016 | 2016-12-31 | 36.55% | +0.33 pp |
| Q3 2016 | 2016-09-30 | 37.00% | −0.63 pp |
| Q2 2016 | 2016-06-30 | 37.43% | +0.21 pp |
| Q1 2016 | 2016-03-31 | 36.32% | −0.24 pp |
| Q4 2015 | 2015-12-31 | 36.22% | −0.38 pp |
| Q3 2015 | 2015-09-30 | 37.63% | −0.91 pp |
| Q2 2015 | 2015-06-30 | 37.22% | −1.92 pp |
| Q1 2015 | 2015-03-31 | 36.56% | −2.71 pp |
| Q4 2014 | 2014-12-31 | 36.60% | −1.92 pp |
| Q3 2014 | 2014-09-30 | 38.54% | −0.45 pp |
| Q2 2014 | 2014-06-30 | 39.14% | +0.02 pp |
| Q1 2014 | 2014-03-31 | 39.27% | +0.63 pp |
| Q4 2013 | 2013-12-31 | 38.51% | −7.50 pp |
| Q3 2013 | 2013-09-30 | 38.98% | +0.36 pp |
| Q2 2013 | 2013-06-30 | 39.11% | +0.99 pp |
| Q1 2013 | 2013-03-31 | 38.64% | +0.47 pp |
| Q4 2012 | 2012-12-31 | 46.01% | +7.32 pp |
| Q3 2012 | 2012-09-30 | 38.62% | +0.92 pp |
| Q2 2012 | 2012-06-30 | 38.13% | −0.77 pp |
| Q1 2012 | 2012-03-31 | 38.17% | −1.11 pp |
| Q4 2011 | 2011-12-31 | 38.69% | −7.29 pp |
| Q3 2011 | 2011-09-30 | 37.70% | −0.63 pp |
| Q2 2011 | 2011-06-30 | 38.90% | +0.35 pp |
| Q1 2011 | 2011-03-31 | 39.28% | +0.61 pp |
| Q4 2010 | 2010-12-31 | 45.98% | +1.39 pp |
| Q3 2010 | 2010-09-30 | 38.33% | +1.10 pp |
| Q2 2010 | 2010-06-30 | 38.55% | +3.06 pp |
| Q1 2010 | 2010-03-31 | 38.66% | +3.70 pp |
| Q4 2009 | 2009-12-31 | 44.59% | +8.75 pp |
| Q3 2009 | 2009-09-30 | 37.23% | +0.45 pp |
| Q2 2009 | 2009-06-30 | 35.48% | — |
| Q1 2009 | 2009-03-31 | 34.96% | — |
| Q3 2008 | 2008-09-30 | 35.83% | — |
| Q2 2008 | 2008-06-30 | 36.78% | — |
Dover gross margin trends
Over the last five reported fiscal years, Dover's gross margin increased from 37.02% to 39.77%, a change of +2.75 percentage points. The latest reported quarter, Q2 2026, shows 40.21%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Dover filings at SEC.gov ↗