What is Dover's EBITDA margin?

Latest reported EBITDA margin for Dover (DOV) is 21.52% as of the trailing twelve months (TTM) ending March 31, 2026.

How has Dover EBITDA margin changed year-over-year?

Dover (DOV) EBITDA margin changed −5.7 percentage points year-over-year on the latest annual filing.

When did Dover EBITDA margin hit its highest annual value?

Dover EBITDA margin reached its highest annual value of 28.74% in 2024.

What was Dover EBITDA margin in 2024?

Dover (DOV) EBITDA margin in 2024 was 28.74%.

What was Dover EBITDA margin in 2025?

Dover (DOV) EBITDA margin in 2025 was 23.03%.

Dover (DOV) EBITDA Margin — Annual & Quarterly %

TTM

21.5%

YoY change

−5.71pp

Trough year (1991)

11.3%

Peak year (2024)

28.7%

EBITDA Margin history chart for Dover (DOV) from 1985 to 2025

Latest: 23.0%

EBITDA Margin change chart for Dover (DOV) from 1985 to 2025

Latest: −5.71pp

EBITDA Margin history table for Dover (DOV) from 1985 to 2025


2025	23.0%	-5.71pp	Dec 31, 2025	Feb 13, 2026
2024	28.7%	+8.45pp	Dec 31, 2024	Feb 14, 2025
2023	20.3%	-0.13pp	Dec 31, 2023	Feb 9, 2024
2022	20.4%	-2.30pp	Dec 31, 2022	Feb 10, 2023
2021	22.7%	+4.29pp	Dec 31, 2021	Feb 11, 2022
2020	18.4%	+1.05pp	Dec 31, 2020	Feb 12, 2021
2019	17.4%	+1.10pp	Dec 31, 2019	Feb 14, 2020
2018	16.3%	-2.83pp	Dec 31, 2018	Feb 15, 2019
2017	19.1%	+1.41pp	Dec 31, 2017	Feb 9, 2018
2016	17.7%	-0.39pp	Dec 31, 2016	Feb 10, 2017
2015	18.1%	-1.67pp	Dec 31, 2015	Feb 12, 2016
2014	19.8%	-0.47pp	Dec 31, 2014	Feb 13, 2015
2013	20.2%	+0.82pp	Dec 31, 2013	Feb 14, 2014
2012	19.4%	+0.08pp	Dec 31, 2012	Feb 15, 2013
2011	19.3%	+0.40pp	Dec 31, 2011	Feb 10, 2012
2010	18.9%	+4.23pp	Dec 31, 2010	Feb 11, 2011
2009	14.7%	-2.50pp	Dec 31, 2009	Feb 19, 2010
2008	17.2%	+0.26pp	Dec 31, 2008	Feb 20, 2009
2007	17.0%	-0.32pp	Dec 31, 2007	Feb 28, 2008
2006	17.3%	+1.77pp	Dec 31, 2006	Feb 28, 2007
2005	15.5%	+0.27pp	Dec 31, 2005	Mar 7, 2006
2004	15.2%	+1.76pp	Dec 31, 2004	Mar 14, 2005
2003	13.5%	+1.35pp	Dec 31, 2003	Feb 27, 2004
2002	12.1%	-0.22pp	Dec 31, 2002	Mar 11, 2003
2001	12.4%	-7.35pp	Dec 31, 2001	Mar 1, 2002
2000	19.7%	+1.35pp	Dec 31, 2000	Jun 20, 2001
1999	18.4%	+0.77pp	Dec 31, 1999	Mar 16, 2000
1998	17.6%	-0.80pp	Dec 31, 1998	Jun 29, 1999
1997	18.4%	+0.87pp	Dec 31, 1997	Sep 16, 1998
1996	17.5%	+2.93pp	Dec 31, 1996	Mar 31, 1997
1995	14.6%	+0.93pp	Dec 31, 1995	Mar 26, 1996
1994	13.7%	+0.33pp	Dec 31, 1994	Jun 29, 1995
1993	13.3%	+0.96pp	Dec 31, 1993	Mar 30, 1994
1992	12.4%	+1.03pp	Dec 31, 1992	Dec 31, 1992
1991	11.3%	-3.64pp	Dec 31, 1991	Dec 31, 1991
1990	15.0%	+0.14pp	Dec 31, 1990	Dec 31, 1990
1989	14.8%	-0.57pp	Dec 31, 1989	Dec 31, 1989
1988	15.4%	-0.12pp	Dec 31, 1988	Dec 31, 1988
1987	15.5%	+1.76pp	Dec 31, 1987	Dec 31, 1987
1986	13.8%	-1.11pp	Dec 31, 1986	Dec 31, 1986
1985	14.9%	—	Dec 31, 1985	Dec 31, 1985

202523.0%-5.71pp
202428.7%+8.45pp
202320.3%-0.13pp
202220.4%-2.30pp
202122.7%+4.29pp
202018.4%+1.05pp
201917.4%+1.10pp
201816.3%-2.83pp
201719.1%+1.41pp
201617.7%-0.39pp
201518.1%-1.67pp
201419.8%-0.47pp
201320.2%+0.82pp
201219.4%+0.08pp
201119.3%+0.40pp
201018.9%+4.23pp
200914.7%-2.50pp
200817.2%+0.26pp
200717.0%-0.32pp
200617.3%+1.77pp
200515.5%+0.27pp
200415.2%+1.76pp
200313.5%+1.35pp
200212.1%-0.22pp
200112.4%-7.35pp
200019.7%+1.35pp
199918.4%+0.77pp
199817.6%-0.80pp
199718.4%+0.87pp
199617.5%+2.93pp
199514.6%+0.93pp
199413.7%+0.33pp
199313.3%+0.96pp
199212.4%+1.03pp
199111.3%-3.64pp
199015.0%+0.14pp
198914.8%-0.57pp
198815.4%-0.12pp
198715.5%+1.76pp
198613.8%-1.11pp
198514.9%—

EBITDA Margin values are taken from Dover's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at Dover (DOV)

According to Dover's latest reported financial statements, the company's latest reported EBITDA margin is 21.5%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending March 31, 2026 (reported April 23, 2026). Chart and table below cover the full reported history back to 1985.

2025's annual EBITDA margin for Dover (DOV) came in at 23.03% – contracted 5.7 percentage points year-over-year.

The highest annual EBITDA margin of 28.74% was reported in 2024. The lowest in the available history was 11.33% in 1991.

Dover EBITDA Margin by Year

Dover EBITDA Margin 2025: 23.0%

2025's EBITDA margin for Dover came in at 23.03%, contracted 5.7 percentage points from 2024.

Dover EBITDA Margin 2024: 28.7%

Dover posted EBITDA margin of 28.74% in 2024, expanded 8.4 percentage points from 2023. This figure represents the highest annual value in the available history.

Dover EBITDA Margin 2023: 20.3%

In 2023, Dover reported EBITDA margin of 20.29%, contracted 0.1 percentage points from 2022.

Dover EBITDA Margin 2022: 20.4%

Dover EBITDA margin in 2022 was 20.43%, contracted 2.3 percentage points from 2021.

Dover EBITDA Margin 2021: 22.7%

Dover EBITDA margin in 2021 was 22.73%.

See more financial history for Dover (DOV).

Sector peers by EBITDA Margin

Industrials peers of Dover (DOV), ranked by their latest EBITDA margin


Union Pacific (UNP)	52.5%
GE Aerospace (GE)	22.8%
Deere & Company (DE)	22.5%
Caterpillar (CAT)	21.6%
Eaton Corporation (ETN)	20.7%
Honeywell International (HON)	17.8%
RTX (RTX)	17.1%
Boeing (BA)	7.9%

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