Dover annual operating margin
2007
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2024
2025
Dover Operating Margin Growth & History (DOV)
Dover's operating margin was 16.97% for fiscal 2025.
View full Dover company overviewDover annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 16.97% | +1.40 pp |
| 2024 | 2024-12-31 | 15.57% | −0.29 pp |
| 2023 | 2023-12-31 | 15.87% | −0.45 pp |
| 2022 | 2022-12-31 | 16.31% | +0.11 pp |
| 2021 | 2021-12-31 | 16.21% | +2.25 pp |
| 2020 | 2020-12-31 | 13.96% | +0.30 pp |
| 2019 | 2019-12-31 | 13.66% | +1.60 pp |
| 2018 | 2018-12-31 | 12.06% | +0.23 pp |
| 2017 | 2017-12-31 | 11.83% | +0.10 pp |
| 2016 | 2016-12-31 | 11.73% | −1.50 pp |
| 2015 | 2015-12-31 | 13.24% | −2.44 pp |
| 2014 | 2014-12-31 | 15.68% | −0.56 pp |
| 2013 | 2013-12-31 | 16.24% | +0.25 pp |
| 2012 | 2012-12-31 | 15.98% | +0.73 pp |
| 2011 | 2011-12-31 | 15.25% | +0.14 pp |
| 2010 | 2010-12-31 | 15.11% | +4.05 pp |
| 2009 | 2009-12-31 | 11.06% | −2.54 pp |
| 2008 | 2008-12-31 | 13.60% | −0.14 pp |
| 2007 | 2007-12-31 | 13.74% | — |
Dover quarterly operating margin
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 17.89% | +0.59 pp |
| Q1 2026 | 2026-03-31 | 14.90% | −0.98 pp |
| Q4 2025 | 2025-12-31 | 16.45% | +1.16 pp |
| Q3 2025 | 2025-09-30 | 18.15% | +1.33 pp |
| Q2 2025 | 2025-06-30 | 17.30% | +0.70 pp |
| Q1 2025 | 2025-03-31 | 15.88% | +2.38 pp |
| Q4 2024 | 2024-12-31 | 15.29% | −0.46 pp |
| Q3 2024 | 2024-09-30 | 16.82% | −0.37 pp |
| Q2 2024 | 2024-06-30 | 16.60% | +1.15 pp |
| Q1 2024 | 2024-03-31 | 13.49% | −1.64 pp |
| Q4 2023 | 2023-12-31 | 15.75% | −1.40 pp |
| Q3 2023 | 2023-09-30 | 17.18% | +0.02 pp |
| Q2 2023 | 2023-06-30 | 15.45% | −1.08 pp |
| Q1 2023 | 2023-03-31 | 15.13% | +0.54 pp |
| Q4 2022 | 2022-12-31 | 17.15% | +2.93 pp |
| Q3 2022 | 2022-09-30 | 17.16% | +0.22 pp |
| Q2 2022 | 2022-06-30 | 16.53% | −0.41 pp |
| Q1 2022 | 2022-03-31 | 14.59% | −2.14 pp |
| Q4 2021 | 2021-12-31 | 14.22% | +0.40 pp |
| Q3 2021 | 2021-09-30 | 16.95% | +1.11 pp |
| Q2 2021 | 2021-06-30 | 16.94% | +4.61 pp |
| Q1 2021 | 2021-03-31 | 16.73% | +3.13 pp |
| Q4 2020 | 2020-12-31 | 13.81% | −0.16 pp |
| Q3 2020 | 2020-09-30 | 15.84% | +0.35 pp |
| Q2 2020 | 2020-06-30 | 12.33% | −2.91 pp |
| Q1 2020 | 2020-03-31 | 13.61% | +3.86 pp |
| Q4 2019 | 2019-12-31 | 13.97% | +1.88 pp |
| Q3 2019 | 2019-09-30 | 15.49% | +2.89 pp |
| Q2 2019 | 2019-06-30 | 15.24% | +2.09 pp |
| Q1 2019 | 2019-03-31 | 9.75% | −0.50 pp |
| Q4 2018 | 2018-12-31 | 12.09% | +1.59 pp |
| Q3 2018 | 2018-09-30 | 12.59% | −1.09 pp |
| Q2 2018 | 2018-06-30 | 13.15% | −0.25 pp |
| Q1 2018 | 2018-03-31 | 10.25% | +0.60 pp |
| Q4 2017 | 2017-12-31 | 10.51% | −4.94 pp |
| Q3 2017 | 2017-09-30 | 13.68% | +1.34 pp |
| Q2 2017 | 2017-06-30 | 13.40% | +1.91 pp |
| Q1 2017 | 2017-03-31 | 9.65% | +0.66 pp |
| Q4 2016 | 2016-12-31 | 15.45% | +3.68 pp |
| Q3 2016 | 2016-09-30 | 12.34% | −3.15 pp |
| Q2 2016 | 2016-06-30 | 11.49% | −2.83 pp |
| Q1 2016 | 2016-03-31 | 8.99% | −2.23 pp |
| Q4 2015 | 2015-12-31 | 11.77% | −1.55 pp |
| Q3 2015 | 2015-09-30 | 15.49% | −1.84 pp |
| Q2 2015 | 2015-06-30 | 14.32% | −2.46 pp |
| Q1 2015 | 2015-03-31 | 11.22% | −4.00 pp |
| Q4 2014 | 2014-12-31 | 13.32% | −1.71 pp |
| Q3 2014 | 2014-09-30 | 17.33% | −0.61 pp |
| Q2 2014 | 2014-06-30 | 16.78% | +0.21 pp |
| Q1 2014 | 2014-03-31 | 15.23% | +0.19 pp |
| Q4 2013 | 2013-12-31 | 15.03% | −3.20 pp |
| Q3 2013 | 2013-09-30 | 17.94% | +0.86 pp |
| Q2 2013 | 2013-06-30 | 16.57% | +1.31 pp |
| Q1 2013 | 2013-03-31 | 15.03% | +0.09 pp |
| Q4 2012 | 2012-12-31 | 18.23% | +3.60 pp |
| Q3 2012 | 2012-09-30 | 17.08% | +1.66 pp |
| Q2 2012 | 2012-06-30 | 15.26% | −1.16 pp |
| Q1 2012 | 2012-03-31 | 14.94% | +0.69 pp |
| Q4 2011 | 2011-12-31 | 14.63% | −2.68 pp |
| Q3 2011 | 2011-09-30 | 15.41% | −0.84 pp |
| Q2 2011 | 2011-06-30 | 16.42% | +1.60 pp |
| Q1 2011 | 2011-03-31 | 14.26% | +1.43 pp |
| Q4 2010 | 2010-12-31 | 17.31% | +1.70 pp |
| Q3 2010 | 2010-09-30 | 16.25% | +4.24 pp |
| Q2 2010 | 2010-06-30 | 14.83% | +5.59 pp |
| Q1 2010 | 2010-03-31 | 12.82% | +4.50 pp |
| Q4 2009 | 2009-12-31 | 15.61% | +1.91 pp |
| Q3 2009 | 2009-09-30 | 12.01% | −2.56 pp |
| Q2 2009 | 2009-06-30 | 9.23% | — |
| Q1 2009 | 2009-03-31 | 8.32% | — |
| Q3 2008 | 2008-09-30 | 13.70% | — |
| Q2 2008 | 2008-06-30 | 14.57% | — |
Dover operating margin trends
Over the last five reported fiscal years, Dover's operating margin increased from 13.96% to 16.97%, a change of +3.01 percentage points. The latest reported quarter, Q2 2026, shows 17.89%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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 ↗