TTM
16.7%
YoY change
+1.40pp
Trough year (2001)
7.4%
Peak year (2025)
17.0%
Latest annual
17.0%
Operating Margin history chart for Dover (DOV) from 1985 to 2025
Latest: 17.0%
Operating Margin change chart for Dover (DOV) from 1985 to 2025
Latest: +1.40pp
Operating Margin history table for Dover (DOV) from 1985 to 2025
| 2025 | 17.0% | +1.40pp | ||
| 2024 | 15.6% | -0.29pp | ||
| 2023 | 15.9% | -0.45pp | ||
| 2022 | 16.3% | +0.11pp | ||
| 2021 | 16.2% | +2.25pp | ||
| 2020 | 14.0% | +0.30pp | ||
| 2019 | 13.7% | +1.60pp | ||
| 2018 | 12.1% | +0.23pp | ||
| 2017 | 11.8% | +0.10pp | ||
| 2016 | 11.7% | -1.50pp | ||
| 2015 | 13.2% | -2.44pp | ||
| 2014 | 15.7% | -0.56pp | ||
| 2013 | 16.2% | +0.25pp | ||
| 2012 | 16.0% | +0.73pp | ||
| 2011 | 15.3% | +0.14pp | ||
| 2010 | 15.1% | +4.93pp | ||
| 2009 | 10.2% | -3.42pp | ||
| 2008 | 13.6% | +0.03pp | ||
| 2007 | 13.6% | -0.62pp | ||
| 2006 | 14.2% | +1.57pp | ||
| 2005 | 12.6% | +0.38pp | ||
| 2004 | 12.2% | +2.18pp | ||
| 2003 | 10.1% | +1.80pp | ||
| 2002 | 8.3% | +0.82pp | ||
| 2001 | 7.4% | -8.64pp | ||
| 2000 | 16.1% | +1.74pp | ||
| 1999 | 14.3% | +0.95pp | ||
| 1998 | 13.4% | -0.78pp | ||
| 1997 | 14.2% | +0.08pp | ||
| 1996 | 14.1% | +2.37pp | ||
| 1995 | 11.7% | +1.16pp | ||
| 1994 | 10.5% | +0.33pp | ||
| 1993 | 10.2% | +1.27pp | ||
| 1992 | 8.9% | +1.51pp | ||
| 1991 | 7.4% | -4.02pp | ||
| 1990 | 11.5% | +0.35pp | ||
| 1989 | 11.1% | -0.51pp | ||
| 1988 | 11.6% | +0.01pp | ||
| 1987 | 11.6% | +1.79pp | ||
| 1986 | 9.8% | -1.36pp | ||
| 1985 | 11.2% | — |
- 202517.0%+1.40pp
- 202415.6%-0.29pp
- 202315.9%-0.45pp
- 202216.3%+0.11pp
- 202116.2%+2.25pp
- 202014.0%+0.30pp
- 201913.7%+1.60pp
- 201812.1%+0.23pp
- 201711.8%+0.10pp
- 201611.7%-1.50pp
- 201513.2%-2.44pp
- 201415.7%-0.56pp
- 201316.2%+0.25pp
- 201216.0%+0.73pp
- 201115.3%+0.14pp
- 201015.1%+4.93pp
- 200910.2%-3.42pp
- 200813.6%+0.03pp
- 200713.6%-0.62pp
- 200614.2%+1.57pp
- 200512.6%+0.38pp
- 200412.2%+2.18pp
- 200310.1%+1.80pp
- 20028.3%+0.82pp
- 20017.4%-8.64pp
- 200016.1%+1.74pp
- 199914.3%+0.95pp
- 199813.4%-0.78pp
- 199714.2%+0.08pp
- 199614.1%+2.37pp
- 199511.7%+1.16pp
- 199410.5%+0.33pp
- 199310.2%+1.27pp
- 19928.9%+1.51pp
- 19917.4%-4.02pp
- 199011.5%+0.35pp
- 198911.1%-0.51pp
- 198811.6%+0.01pp
- 198711.6%+1.79pp
- 19869.8%-1.36pp
- 198511.2%—
Operating 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 Operating Margin at Dover (DOV)
According to Dover's latest reported financial statements, the company's latest reported operating margin is 16.7%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Dover (DOV) reported operating margin of 16.97% – expanded 1.4 percentage points year-over-year.
Across the available history, operating margin reached its high of 16.97% in 2025 and its low of 7.43% in 2001.
Dover Operating Margin by Year
Dover Operating Margin 2025: 17.0%
2025's operating margin for Dover came in at 16.97%, expanded 1.4 percentage points from 2024. This figure represents the highest annual value in the available history.
Dover Operating Margin 2024: 15.6%
Dover posted operating margin of 15.57% in 2024, contracted 0.3 percentage points from 2023.
Dover Operating Margin 2023: 15.9%
In 2023, Dover reported operating margin of 15.87%, contracted 0.4 percentage points from 2022.
Dover Operating Margin 2022: 16.3%
Dover operating margin in 2022 was 16.31%, expanded 0.1 percentage points from 2021.
Dover Operating Margin 2021: 16.2%
Dover operating margin in 2021 was 16.21%.
See more financial history for Dover (DOV).
Sector peers by Operating Margin
Industrials peers of Dover (DOV), ranked by their latest operating margin
| 40.1% | |
| 18.5% | |
| 18.1% | |
| 17.9% | |
| 16.6% | |
| 14.9% | |
| 10.9% | |
| -5.9% |
- 40.1%
- 18.5%
- 17.9%
- 16.6%
- 10.9%
- -5.9%
Frequently asked questions
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