Operating Income for Dover (DOV)
According to Dover's latest reported financial statements, the company's current operating income (TTM) is $1.38B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
DOV
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$1.38B
YoY change
+13.8%
5Y CAGR
+8.0%
Peak year (2025)
$1.37B
Cumulative operating income
$28.33B
Operating Income history chart for Dover (DOV) from 1985 to 2025
Operating Income history table for Dover (DOV) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.37B | +13.8% | ||
| 2024 | $1.21B | -1.1% | ||
| 2023 | $1.22B | -4.7% | ||
| 2022 | $1.28B | -0.1% | ||
| 2021 | $1.28B | +37.4% | ||
| 2020 | $932.99M | -4.3% | ||
| 2019 | $974.89M | +15.6% | ||
| 2018 | $843.11M | +4.5% | ||
| 2017 | $806.89M | +13.8% | ||
| 2016 | $708.97M | -23.0% | ||
| 2015 | $920.76M | -24.2% | ||
| 2014 | $1.22B | +4.6% | ||
| 2013 | $1.16B | +9.7% | ||
| 2012 | $1.06B | -5.8% | ||
| 2011 | $1.12B | +21.8% | ||
| 2010 | $923.05M | +57.0% | ||
| 2009 | $588.04M | -42.9% | ||
| 2008 | $1.03B | +5.0% | ||
| 2007 | $980.69M | +9.2% | ||
| 2006 | $897.92M | +38.6% | ||
| 2005 | $647.94M | +18.2% | ||
| 2004 | $548.16M | +23.5% | ||
| 2003 | $443.76M | +32.6% | ||
| 2002 | $334.71M | +6.6% | ||
| 2001 | $313.88M | -61.4% | ||
| 2000 | $813.92M | +34.4% | ||
| 1999 | $605.75M | +13.9% | ||
| 1998 | $532.00M | +2.4% | ||
| 1997 | $519.50M | +14.8% | ||
| 1996 | $452.60M | +3.2% | ||
| 1995 | $438.50M | +34.8% | ||
| 1994 | $325.40M | +28.2% | ||
| 1993 | $253.80M | +24.9% | ||
| 1992 | $203.20M | +24.4% | ||
| 1991 | $163.30M | -35.5% | ||
| 1990 | $253.30M | +7.6% | ||
| 1989 | $235.50M | +3.8% | ||
| 1988 | $226.90M | +23.3% | ||
| 1987 | $184.00M | +30.2% | ||
| 1986 | $141.30M | -12.1% | ||
| 1985 | $160.80M | — |
Operating Income values are taken from Dover's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Dover (DOV) reported operating income of $1.37B – grew 13.8% year-over-year.
Over 2020–2025 (5 years), Dover operating income expanded at a +8.0% compound annual rate, with the latest reading among the more recent periods of the dataset.
2025 marks the peak operating income at $1.37B, with the historical low of $141.30M recorded in 1986.
Dover (DOV) sits 8th of 8 Industrials peers we track on this metric, against a peer median of $8.59B.
Dover Operating Income by Year
Dover Operating Income 2025: $1.37B
Dover operating income in 2025 was $1.37B, grew 13.8% from 2024. This figure represents the highest annual value in the available history.
Dover Operating Income 2024: $1.21B
Dover operating income in 2024 was $1.21B, edged down 1.1% below 2023.
Dover Operating Income 2023: $1.22B
Dover operating income in 2023 was $1.22B, edged down 4.7% below 2022.
Dover Operating Income 2022: $1.28B
Dover operating income in 2022 was $1.28B, edged down 0.1% below 2021.
Dover Operating Income 2021: $1.28B
Dover operating income in 2021 was $1.28B.
See more financial history for Dover (DOV).
Sector peers — Operating Income
Companies in the same sector as Dover, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $11.21B | Industrials |
| Union Pacific Corporation (UNP) | $9.84B | Industrials |
| RTX Corporation (RTX) | $8.89B | Industrials |
| GE Aerospace (GE) | $8.77B | Industrials |
| Deere & Company (DE) | $8.42B | Industrials |
| Honeywell International Inc. (HON) | $6.57B | Industrials |
| Eaton Corporation plc (ETN) | $5.23B | Industrials |
| The Boeing Company (BA) | -$5.42B | Industrials |
Frequently asked questions
What is Dover's operating income?
- Latest reported operating income for Dover (DOV) is $1.38B (period ending March 31, 2026).
How has Dover operating income changed year-over-year?
- Dover (DOV) operating income changed +13.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Dover operating income?
- Dover (DOV) operating income compound annual growth rate is +8.0% over the most recent 5 years available.
When did Dover operating income hit its highest annual value?
- Dover operating income reached its highest annual value of $1.37B in 2025.
What was Dover operating income in 2024?
- Dover (DOV) operating income in 2024 was $1.21B.
What was Dover operating income in 2025?
- Dover (DOV) operating income in 2025 was $1.37B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
DOV Overview
Company profile, financial tools, and key metrics
DOV Revenue Counter
Earns $262.56 every second. See per minute, hour, and day.
DOV Earnings Counter
Earns $34.93 per second net profit. See per minute, hour, and day.
DOV Economic Scale
Exceeds Montenegro's GDP. Compare with world economies.
DOV What If Invested
What if you had invested $1,000? See historical returns from any date.
DOV How It Makes Money
Discover visual breakdown of $8.28B in revenue — where it comes from and where it goes.
DOV Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
DOV Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
DOV Daily Price Character
Steady · 47.8% historical win rate (green days). Streaks & record days.
DOV Buybacks
2.26% TTM buyback yield. Shareholder yield & SBC comparison.
DOV Stock Split History
8 splits on record. Dates, ratios, and cumulative multiple.
DOV Dividend Profile
Yield: 0.93%. Safety: 6/8. See full history.
DOV Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
DOV Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.