How Dover (DOV) Makes Money: A Visual Guide

Dover (DOV) generated $8.09B in revenue (TTM through Q4 2025), earning $1.09B in net profit (13.5% margin). Its largest revenue source is Pumps & Process Solutions Segment (26.5% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Dover (DOV) Income Statement Flow

Frequently asked questions

How does Dover (DOV) make money?

Dover (DOV) primarily makes money through Pumps & Process Solutions Segment, which accounts for 26.5% of total revenue. For TTM through Q4 2025, Dover generated $8.09B in total revenue with a net profit margin of 13.5%.

What is Dover (DOV) gross profit margin?

Dover (DOV) reported a gross profit margin of 39.8% for TTM through Q4 2025, equivalent to $3.22B in gross profit. This means Dover retains 39.8% of each revenue unit after direct costs of production.

What is Dover (DOV) operating profit margin?

Dover (DOV) reported an operating profit margin of 17% for TTM through Q4 2025, equivalent to $1.37B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Dover (DOV) net profit margin?

Dover (DOV) reported a net profit margin of 13.5% for TTM through Q4 2025, equivalent to $1.09B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Dover (DOV) invest in R&D?

Dover (DOV) invested $84.30M in research and development in TTM through Q4 2025 (1.0% of total revenue). R&D spending reflects investment in future products, services, and technologies.

How much does Dover (DOV) spend on capital expenditures?

Dover (DOV) spent $220.26M on capital expenditures in TTM through Q4 2025 (2.7% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Dover (DOV) free cash flow?

Dover (DOV) generated $1.11B in free cash flow for TTM through Q4 2025 (13.8% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Dover (DOV) effective tax rate?

Dover (DOV) had an effective tax rate of 20.1% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

About this data

What is a Sankey diagram?
A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?
We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?
Based on company filings through TTM through Q4 2025.