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Stocks/Industrials/Industrial Machinery & Supplies & Components

DoverDOV

Industrial Machinery & Supplies & Components · Downers Grove, Illinois · In the S&P 500
Solid businessCheaper than peers
$207.74−1.25%After hours: $208.03 (+0.14%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 14.9% over 1 year
Dover over 1 yearDaily close, $, to 30 Oct 2026
$180$200$220Nov2026MarMayJulSep$207.74$180$200$220NovMarJul$207.74
Source: Nasdaq daily closes
Market value$27.63B
Price to earnings24.2x
Forward P/E18.4x
Dividend yield1.01%
Year to date+6.4%
One year+14.9%
Next earningsNot scheduled
SectorIndustrials
52-week range (closes)
$178.03$233.31

Quality and valuation

How Dover compares with other industrials stocks. A description, not a recommendation.

Dover and 7 industrial machinery & supplies & components peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: cheaper than most

An average business among industrials companies, priced below most of them.

Dover trades at 18.4 times the next 12 months of expected earnings, against a median of 21.4x for the 89 industrials stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +8.2% vs +8.2%
  • Keeps more of each sale (gross margin): 39.7% vs 38.1%
  • Less profitable (operating margin): 17.0% vs 17.5%
  • Turns more of its sales into cash: 13.9% vs 13.1%
DOV trades at 18.4x forward earnings, below the sector medianForward p/e, Industrial Machinery & Supplies & Components peers
XYL16.6xOTIS18.0xDOV18.4xHUBB19.4xIR21.8xITW23.6xPH25.3xGWW28.0xSector median 21.4xXYL16.6xOTIS18.0xDOV18.4xHUBB19.4xIR21.8xITW23.6xPH25.3xGWW28.0xSector median 21.4x
Source: CNBC quotes; Mostly Markets
At 24.2x earnings, DOV is pricier than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
10x20x30xAverage 17.2x2025202624.2x10x20x30xAverage 17.2x2025202624.2x
Source: Nasdaq prices; SEC filings

Financials

From Dover's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue grew 7.5% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$1bn$2bnQ4 ’24Q2 ’25Q4 ’25$2.2bnQ3 ’26$0bn$1bn$2bnQ4 ’24Q2 ’25Q4 ’25$2.2bnQ3 ’26
Source: SEC filings
Growth sped up to +7.5% last quarterRevenue growth, year on year, %
0%5%10%Q4 ’24Q2 ’25Q4 ’257.5%Q3 ’260%5%10%Q4 ’24Q2 ’25Q4 ’257.5%Q3 ’26
Source: SEC filings
Operating margin was 18.8% last quarterOperating income as a share of revenue, %
0%5%10%15%Q4 ’24Q2 ’25Q4 ’2518.8%Q3 ’260%10%Q4 ’24Q2 ’25Q4 ’2518.8%Q3 ’26
Source: SEC filings
Free cash flow was $1.2 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$200m$400mQ4 ’24Q2 ’25Q4 ’25$383mQ3 ’26$0m$200m$400mQ4 ’24Q2 ’25Q4 ’25$383mQ3 ’26
Source: SEC filings
Last 12 monthsDOVSector median
Revenue growth+8.2%+8.2%
Gross margin39.7%38.1%
Operating margin17.0%17.5%
Free cash flow margin13.9%13.1%
Price to earnings24.2x25.8x

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Similar companies

Industrial Machinery & Supplies & Components, by market value.

CompanyPriceTodayYTDValue
PHParker Hannifin$899.82−3.08%+2.4%$113B
ITWIllinois Tool Works$278.55−1.01%+13.1%$79.16B
GWWW. W. Grainger$1,359.17−0.93%+34.7%$64.02B
IRIngersoll Rand$80.05+0.05%+1.0%$31.06B
OTISOtis Worldwide$75.75+1.53%−13.3%$28.84B
HUBBHubbell$422.44−3.60%−4.9%$22.32B
XYLXylem$92.40+1.81%−32.1%$21.19B
FTVFortive$65.23−0.93%+18.1%$19.41B