Dover Return on Equity (ROE) Growth & History (DOV)
Dover's return on equity was 15.24% for fiscal 2025.
View full Dover company overviewDover annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 15.24% | −29.49 pp |
| 2024 | 2024-12-31 | 44.73% | +22.22 pp |
| 2023 | 2023-12-31 | 22.50% | −2.64 pp |
| 2022 | 2022-12-31 | 25.14% | −4.53 pp |
| 2021 | 2021-12-31 | 29.67% | +8.37 pp |
| 2020 | 2020-12-31 | 21.30% | −2.07 pp |
| 2019 | 2019-12-31 | 23.37% | +7.42 pp |
| 2018 | 2018-12-31 | 15.95% | −3.89 pp |
| 2017 | 2017-12-31 | 19.84% | +6.17 pp |
| 2016 | 2016-12-31 | 13.67% | −10.01 pp |
| 2015 | 2015-12-31 | 23.68% | +6.60 pp |
| 2014 | 2014-12-31 | 17.08% | −2.41 pp |
| 2013 | 2013-12-31 | 19.48% | +3.02 pp |
| 2012 | 2012-12-31 | 16.47% | −2.46 pp |
| 2011 | 2011-12-31 | 18.93% | +2.67 pp |
| 2010 | 2010-12-31 | 16.26% | +7.21 pp |
| 2009 | 2009-12-31 | 9.05% | −6.22 pp |
| 2008 | 2008-12-31 | 15.27% | — |
Dover quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 4.11% | +0.28 pp |
| Q1 2026 | 2026-03-31 | 3.20% | −0.07 pp |
| Q4 2025 | 2025-12-31 | 3.74% | −18.96 pp |
| Q3 2025 | 2025-09-30 | 4.00% | −2.28 pp |
| Q2 2025 | 2025-06-30 | 3.83% | −1.53 pp |
| Q1 2025 | 2025-03-31 | 3.28% | −9.05 pp |
| Q4 2024 | 2024-12-31 | 22.70% | +16.74 pp |
| Q3 2024 | 2024-09-30 | 6.28% | +0.17 pp |
| Q2 2024 | 2024-06-30 | 5.36% | +0.05 pp |
| Q1 2024 | 2024-03-31 | 12.32% | +7.10 pp |
| Q4 2023 | 2023-12-31 | 5.96% | −0.41 pp |
| Q3 2023 | 2023-09-30 | 6.10% | −0.72 pp |
| Q2 2023 | 2023-06-30 | 5.31% | −1.33 pp |
| Q1 2023 | 2023-03-31 | 5.23% | −0.08 pp |
| Q4 2022 | 2022-12-31 | 6.37% | −2.61 pp |
| Q3 2022 | 2022-09-30 | 6.83% | −0.10 pp |
| Q2 2022 | 2022-06-30 | 6.64% | −0.68 pp |
| Q1 2022 | 2022-03-31 | 5.31% | −1.45 pp |
| Q4 2021 | 2021-12-31 | 8.98% | +3.49 pp |
| Q3 2021 | 2021-09-30 | 6.93% | +0.61 pp |
| Q2 2021 | 2021-06-30 | 7.33% | +3.22 pp |
| Q1 2021 | 2021-03-31 | 6.76% | +0.90 pp |
| Q4 2020 | 2020-12-31 | 5.49% | −0.07 pp |
| Q3 2020 | 2020-09-30 | 6.32% | −0.58 pp |
| Q2 2020 | 2020-06-30 | 4.11% | −2.73 pp |
| Q1 2020 | 2020-03-31 | 5.86% | +2.09 pp |
| Q4 2019 | 2019-12-31 | 5.56% | +0.43 pp |
| Q3 2019 | 2019-09-30 | 6.90% | +1.27 pp |
| Q2 2019 | 2019-06-30 | 6.84% | +3.00 pp |
| Q1 2019 | 2019-03-31 | 3.77% | +0.79 pp |
| Q4 2018 | 2018-12-31 | 5.13% | −1.71 pp |
| Q3 2018 | 2018-09-30 | 5.63% | +1.34 pp |
| Q2 2018 | 2018-06-30 | 3.84% | −0.25 pp |
| Q1 2018 | 2018-03-31 | 2.98% | −1.47 pp |
| Q4 2017 | 2017-12-31 | 6.85% | +2.60 pp |
| Q3 2017 | 2017-09-30 | 4.29% | +0.82 pp |
| Q2 2017 | 2017-06-30 | 4.09% | +0.90 pp |
| Q1 2017 | 2017-03-31 | 4.44% | +1.74 pp |
| Q4 2016 | 2016-12-31 | 4.25% | +0.31 pp |
| Q3 2016 | 2016-09-30 | 3.47% | −1.73 pp |
| Q2 2016 | 2016-06-30 | 3.19% | −6.08 pp |
| Q1 2016 | 2016-03-31 | 2.71% | −3.05 pp |
| Q4 2015 | 2015-12-31 | 3.93% | −0.51 pp |
| Q3 2015 | 2015-09-30 | 5.20% | −0.73 pp |
| Q2 2015 | 2015-06-30 | 9.27% | +3.67 pp |
| Q1 2015 | 2015-03-31 | 5.76% | +2.25 pp |
| Q4 2014 | 2014-12-31 | 4.44% | +0.80 pp |
| Q3 2014 | 2014-09-30 | 5.93% | +0.69 pp |
| Q2 2014 | 2014-06-30 | 5.60% | −1.18 pp |
| Q1 2014 | 2014-03-31 | 3.51% | −0.83 pp |
| Q4 2013 | 2013-12-31 | 3.64% | +0.48 pp |
| Q3 2013 | 2013-09-30 | 5.24% | +0.57 pp |
| Q2 2013 | 2013-06-30 | 6.78% | +2.58 pp |
| Q1 2013 | 2013-03-31 | 4.34% | +0.43 pp |
| Q4 2012 | 2012-12-31 | 3.16% | −2.52 pp |
| Q3 2012 | 2012-09-30 | 4.67% | +1.15 pp |
| Q2 2012 | 2012-06-30 | 4.20% | −0.97 pp |
| Q1 2012 | 2012-03-31 | 3.91% | −0.29 pp |
| Q4 2011 | 2011-12-31 | 5.67% | +1.22 pp |
| Q3 2011 | 2011-09-30 | 3.52% | −1.77 pp |
| Q2 2011 | 2011-06-30 | 5.17% | +1.00 pp |
| Q1 2011 | 2011-03-31 | 4.20% | +1.55 pp |
| Q4 2010 | 2010-12-31 | 4.46% | +2.02 pp |
| Q3 2010 | 2010-09-30 | 5.29% | +2.60 pp |
| Q2 2010 | 2010-06-30 | 4.17% | +1.65 pp |
| Q1 2010 | 2010-03-31 | 2.66% | — |
| Q4 2009 | 2009-12-31 | 2.44% | — |
| Q3 2009 | 2009-09-30 | 2.69% | — |
| Q2 2009 | 2009-06-30 | 2.52% | — |
Dover return on equity trends
Over the last five fiscal years, Dover's return on equity decreased from 21.30% to 15.24%, a change of −6.06 percentage points. The latest reported quarter, Q2 2026, shows 4.11%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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