DOVER CORP
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 4,035 | 35.3 |
| Stockholders' equity | 7,405 | 64.7 |
| Total capitalization | 11,440 | 100.0 |
134,680,225 shares outstanding at 17 July 2026 (cover page of the 10-Q filed 23 July 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 3,328 |
| Long-term debt, noncurrent | 2,621 |
| Current maturities | 707 |
| Short-term borrowings / commercial paper | 707 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 500,000,000 |
| Common shares issued | 260,194,888 |
| Treasury shares | 125,348,563 |
| Par or stated value per share ($) | 1 |
| Preferred stock ($ millions) | 0 |
| Outstanding at 7/17/26 | 134,680,225 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 2.07 | 26.1 |
| 2024 | 2.05 | 10.5 |
| 2023 | 2.03 | 27.0 |
| 2022 | 2.01 | 27.1 |
| 2021 | 1.99 | 25.7 |
HISTORY AND BUSINESS
HISTORY: Incorporated in New York.
BUSINESS: Classified by the SEC under Standard Industrial Classification 3530, Construction, Mining & Materials Handling Machinery & Equip. Large accelerated filer. Principal executive office: 3005 Highland Parkway, Suite 200, Downers Grove, IL 60515. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 8,093 | 7,746 | 7,684 |
| Cost of revenues | 4,874 | 4,787 | 4,817 |
| Gross profit | 3,218 | 2,959 | 2,868 |
| Research and development | 165 | 150 | 139 |
| Selling, general and administrative | 1,845 | 1,752 | 1,648 |
| Depreciation and amortization | 380 | 338 | 305 |
| Operating income | 1,373 | 1,206 | 1,219 |
| Interest expense | 110 | 131 | 131 |
| Income before income taxes | 1,374 | 1,757 | 1,123 |
| Income taxes | 277 | 357 | 179 |
| Net income | 1,094 | 2,697 | 1,057 |
| Earned per share, diluted ($) | 7.94 | 19.45 | 7.52 |
| Dividends per share ($) | 2.07 | 2.05 | 2.03 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Receivables, net | 1,371 | 1,354 |
| Inventories | 1,273 | 1,145 |
| Total current assets | 4,507 | 4,484 |
| Property, plant and equipment, net | 1,120 | 988 |
| Goodwill | 5,430 | 4,906 |
| Total assets | 13,422 | 12,509 |
| Total current liabilities | 2,518 | 2,197 |
| Long-term debt | 2,621 | 2,529 |
| Stockholders' equity | 7,405 | 6,954 |
| Total liabilities and equity | 13,422 | 12,509 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 8,093 | 1,373 | 1,094 | 13.5 | 7.94 | 2.07 | 1,338 | 220 | 1,118 | 13,422 | 6,017d | 4,035 | 7,405 | 14.8 | 0.54 |
| 12/31/24 | 7,746 | 1,206 | 2,697 | 34.8 | 19.45 | 2.05 | 1,088 | 168 | 920 | 12,509 | 5,555d | 3,329 | 6,954 | 38.8 | 0.48 |
| 12/31/23 | 7,684 | 1,219 | 1,057 | 13.8 | 7.52 | 2.03 | 1,336 | 183 | 1,153 | 11,349 | 6,242d | 3,460 | 5,107 | 20.7 | 0.68 |
| 12/31/22 | 7,844 | 1,280 | 1,065 | 13.6 | 7.42 | 2.01 | 806 | 211 | 595 | 10,897 | 6,610d | 3,678 | 4,286 | 24.9 | 0.86 |
| 12/31/21 | 7,907 | 1,282 | 1,124 | 14.2 | 7.74 | 1.99 | 1,116 | 171 | 944 | 10,404 | 6,214d | 3,019 | 4,190 | 26.8 | 0.72 |
| 12/31/20 | 6,684 | 933 | 683 | 10.2 | 4.70 | 1.97 | 1,105 | 166 | 939 | 9,152 | 5,766d | 3,109 | 3,386 | 20.2 | 0.92 |
| 12/31/19 | 7,136 | 975 | 678 | 9.5 | 4.61 | 1.94 | 945 | 187 | 759 | 8,669 | 5,637d | 3,070 | 3,033 | 22.4 | 1.01 |
| 12/31/18 | 6,992 | 843 | 570 | 8.2 | 3.75 | 1.90 | 789 | 171 | 618 | 8,366 | 5,597d | 2,944 | 2,769 | 20.6 | 1.06 |
| 12/31/17 | 6,821 | 807 | 812 | 11.9 | 5.15 | 1.82 | 739 | 170 | 569 | 10,658 | 6,275d | 3,687 | 4,383 | 18.5 | 0.84 |
| 12/31/16 | 6,043 | 709 | 509 | 8.4 | 3.25 | 1.72 | 735 | 140 | 595 | 10,116 | 6,316d | 3,215 | 3,800 | 13.4 | 0.85 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
DOVER Corp
CIK 29905 · EIN 53-0257888
PRINCIPAL OFFICE:
3005 Highland Parkway, Suite 200, Downers Grove, IL 60515
Tel.: (630) 541-1540
INCORPORATED:
New York
INDUSTRY (SEC SIC CODE):
3530 · Construction, Mining & Materials Handling Machinery & Equip
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 13 February 2026
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/13/26) · 10-K FY2024 (filed 2/14/25) · 10-K FY2023 (filed 2/9/24) · 10-K FY2022 (filed 2/10/23) · 10-K FY2021 (filed 2/11/22) · 10-K FY2020 (filed 2/12/21) · 10-K FY2019 (filed 2/14/20) · 10-K FY2018 (filed 2/15/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.