
Dover Corporation Income Statement 2025-2006 | DOV
Brief overview of financial results at Dover Corporation
The comparison covers a five-year financial horizon. Dover Corporation reported revenue of 6.7 billion dollars in 2020 and 8.1 billion dollars by 2025. The five-year change reached +21.1%, while CAGR stood at 3.9%. The scale of the core business was largely unchanged.
Gross profit changed from 2.5 billion dollars to 3.2 billion dollars (+30.1%). Direct costs grew more slowly than revenue and improved the economics of sales. Gross margin moved from 37% to 39.8%. The margin shift points to a more favorable sales-and-cost structure.
EBITDA was $1.2 billion at the beginning and $1.8 billion at the end of the period (+44.6%). Additional revenue translated efficiently into EBITDA. The EBITDA share of revenue changed from 18.1% to 21.7%. Higher profitability strengthens the quality of operating growth.
Net profit was $683 million at the start and $1.1 billion at the end. Net profitability strengthened faster than the top line.
Over the period, capitalization shifted from 17.5 billion dollars to 31.5 billion dollars (+80.4%). Higher capitalization indicates improving investor confidence.
Summary assessment
The five-year picture requires weighing both strengths and weaknesses. The financial profile benefits from positive operating leverage, net-income growth and a stronger gross margin. The main areas of concern are a softer top-line trend. Investors should continue to monitor margins, costs, and earnings quality.
Annual Income Statement Dover Corporation
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
31.5 B | 27.8 B | 22.4 B | 21.8 B | 22.5 B | 17.5 B | 17.3 B | 13.3 B | 13.5 B | 9.83 B | 7.44 B | 9.43 B | 10.2 B | 8.41 B | 7.88 B | 5.48 B | 4.18 B | 6.71 B | 6.79 B | - |
Shares |
137 M | 138 M | 140 M | 143 M | 144 M | 144 M | 145 M | 150 M | 156 M | 155 M | 158 M | 167 M | 171 M | 182 M | 186 M | 187 M | 186 M | 188 M | 201 M | - |
Historical Prices |
230 | 202 | 160 | 153 | 156 | 121 | 99.3 | 85.7 | 74.9 | 58.7 | 43.4 | 50.2 | 53.6 | 40.9 | 34.9 | 29.3 | 22.5 | 35.6 | 33.7 | 32.9 |
Net Income |
1.09 B | 2.7 B | 1.06 B | 1.07 B | 1.12 B | 683 M | 678 M | 570 M | 812 M | 509 M | 870 M | 775 M | 1 B | 811 M | 895 M | 700 M | 356 M | 591 M | 661 M | - |
Revenue |
8.09 B | 7.75 B | 7.68 B | 7.84 B | 7.91 B | 6.68 B | 7.14 B | 6.99 B | 7.83 B | 6.79 B | 6.96 B | 7.75 B | 8.73 B | 8.1 B | 7.95 B | - | - | - | - | - |
Cost of Revenue |
4.87 B | 4.79 B | 4.82 B | 4.94 B | 4.94 B | 4.21 B | 4.52 B | 4.43 B | 4.29 B | 3.82 B | 4.39 B | 4.78 B | 4.38 B | 4.05 B | 4.52 B | 3.69 B | 3.33 B | 4.84 B | 4.7 B | - |
Gross Profit |
3.22 B | 2.96 B | 2.87 B | 2.9 B | 2.97 B | 2.47 B | 2.62 B | 2.56 B | 2.89 B | 2.47 B | 2.57 B | 2.97 B | 3.34 B | 3.11 B | 3.05 B | 2.42 B | 2.01 B | 2.73 B | 2.62 B | - |
Operating Income |
1.37 B | 1.21 B | 1.22 B | 1.28 B | 1.28 B | 933 M | 975 M | 843 M | 807 M | 709 M | 921 M | 1.22 B | 1.16 B | 1.06 B | 1.12 B | 923 M | 591 M | 1.03 B | 1.01 B | - |
Interest Expense |
33 M | 46.9 M | 131 M | 116 M | 106 M | 112 M | 126 M | 131 M | 145 M | 136 M | 132 M | 132 M | 4.97 M | -6.69 M | 1.94 M | -3.56 M | 3.75 M | 12.7 M | -3.54 M | - |
EBITDA |
1.75 B | 1.54 B | 1.52 B | 1.58 B | 1.57 B | 1.21 B | 1.29 B | 1.13 B | 1.31 B | 1.08 B | 1.25 B | 1.52 B | 1.78 B | 1.62 B | 1.51 B | 1.15 B | 822 M | 1.29 B | 1.25 B | - |
Operating Expenses |
- | - | - | - | - | - | 1.6 B | 1.72 B | 1.98 B | 1.76 B | 1.65 B | 1.76 B | 1.99 B | 1.84 B | 1.84 B | - | - | - | - | - |
General and Administrative Expenses |
1.84 B | 1.75 B | 1.65 B | 1.63 B | 1.69 B | 1.54 B | 1.6 B | 1.72 B | 1.98 B | 1.76 B | 1.65 B | 1.76 B | 1.99 B | 1.84 B | 1.84 B | 1.5 B | 1.42 B | 1.7 B | 1.61 B | - |
All numbers in USD currency
Quarterly Income Statement Dover Corporation
| 2026-Q2 | 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | 2010-Q3 | 2010-Q2 | 2010-Q1 | 2009-Q3 | 2009-Q2 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
135 M | 135 M | 137 M | 137 M | 137 M | 137 M | 137 M | 139 M | 140 M | 140 M | 140 M | - | 143 M | 144 M | 144 M | - | 144 M | 144 M | 144 M | - | 144 M | 144 M | 144 M | - | 145 M | 145 M | 145 M | - | 147 M | 152 M | 155 M | - | 156 M | 156 M | 156 M | - | 155 M | 155 M | 155 M | - | 155 M | 159 M | 162 M | - | 166 M | 166 M | 170 M | - | 171 M | 171 M | 173 M | - | 182 M | 183 M | 184 M | - | 186 M | 186 M | 187 K | 187 M | 187 M | 187 M | 186 M | 186 M |
Net Income |
312 M | 238 M | 302 M | 279 M | 231 M | 347 M | 282 M | 632 M | 290 M | 242 M | 229 M | - | 286 M | 290 M | 226 M | - | 264 M | 265 M | 233 M | 182 M | 200 M | 125 M | 176 M | 168 M | 206 M | 198 M | 106 M | 142 M | 157 M | 140 M | 131 M | 296 M | 179 M | 164 M | 172 M | 161 M | 130 M | 118 M | 99.4 M | 142 M | 186 M | 332 M | 210 M | 169 M | 232 M | 214 M | 160 M | 194 M | 269 M | 330 M | 210 M | 160 M | 241 M | 214 M | 196 M | 278 M | 172 M | 250 M | 195 M | 224 M | 170 M | 108 M | 107 M | 97.1 M |
Revenue |
2.19 B | 2.05 B | 2.08 B | 2.05 B | 1.87 B | 1.98 B | 1.95 B | 1.88 B | 1.96 B | 2.1 B | 2.08 B | - | 2.16 B | 2.16 B | 2.05 B | - | 2.02 B | 2.03 B | 1.87 B | 1.78 B | 1.75 B | 1.5 B | 1.66 B | 1.78 B | 1.83 B | 1.81 B | 1.72 B | 1.81 B | 1.75 B | 1.8 B | 1.92 B | 2.02 B | 2.01 B | 1.74 B | 1.81 B | 1.78 B | 795 K | 1.62 M | 1.6 M | 1.69 B | 1.12 M | 1.06 M | 968 K | 1.98 B | 1.27 M | 972 K | 1.04 M | 1.79 B | 758 K | 754 K | 588 K | 2.01 B | 700 K | 1.76 M | 1.61 M | 1.89 B | 1.64 M | 2.92 M | 2.72 M | - | - | - | - | - |
Cost of Revenue |
1.31 B | 1.26 B | 1.24 B | 1.23 B | 1.12 B | 1.22 B | 1.2 B | 1.19 B | 1.22 B | 1.34 B | 1.33 B | - | 1.39 B | 1.38 B | 1.31 B | - | 1.26 B | 1.26 B | 1.15 B | - | 1.09 B | 948 M | 1.04 B | - | 1.15 B | 1.14 B | 1.1 B | - | 1.1 B | 1.13 B | 1.03 B | - | 1.1 B | 1.08 B | 1.15 B | - | 1.08 B | 1.06 B | 1.03 B | - | 1.11 B | 1.1 B | 1.09 B | - | 1.24 B | 1.19 B | 1.09 B | - | 1.18 B | 1.18 B | 1.08 B | - | 1.29 B | 1.26 B | 1.21 B | - | 1.33 B | 1.22 B | 1.1 B | 1.18 B | 1.1 B | 971 M | 941 M | 897 M |
Gross Profit |
881 M | 798 M | 834 M | 818 M | 746 M | 763 M | 753 M | 697 M | 739 M | 759 M | 747 M | - | 773 M | 781 M | 743 M | - | 755 M | 772 M | 722 M | 651 M | 659 M | 552 M | 612 M | 651 M | 673 M | 673 M | 624 M | 645 M | 647 M | 665 M | 603 M | 650 M | 649 M | 654 M | 576 M | 620 M | 632 M | 631 M | 589 M | 614 M | 673 M | 655 M | 627 M | 724 M | 774 M | 768 M | 708 M | 680 M | 724 M | 721 M | 654 M | 774 M | 810 M | 777 M | 746 M | 718 M | 758 M | 713 M | 656 M | 712 M | 689 M | 612 M | 558 M | 493 M |
Operating Income |
392 M | 306 M | 377 M | 355 M | 296 M | 334 M | 323 M | 254 M | 337 M | 324 M | 315 M | - | 370 M | 357 M | 299 M | - | 342 M | 344 M | 313 M | - | 277 M | 185 M | 225 M | - | 283 M | 276 M | 168 M | - | 220 M | 236 M | 168 M | - | 239 M | 233 M | 175 M | - | 211 M | 194 M | 146 M | - | 277 M | 252 M | 193 M | - | 348 M | 329 M | 274 M | - | 348 M | 320 M | 265 M | - | 358 M | 311 M | 292 M | - | 330 M | 328 M | 258 M | 298 M | 265 M | 203 M | 180 M | 128 M |
Interest Expense |
10.4 M | 8.46 M | 18.5 M | 4.18 M | 3.96 M | 13 M | 12.8 M | 7.14 M | 10.3 M | 6.68 M | 34.2 M | - | 29.8 M | 27 M | 26.6 M | - | 26.4 M | 26.7 M | 26.8 M | - | 27.7 M | 28.7 M | 27.3 M | - | 31.4 M | 31.8 M | 31.8 M | - | 31.2 M | 32.1 M | 35.6 M | - | 35.4 M | 36.9 M | 36.4 M | - | 33.8 M | 33.8 M | 33.3 M | - | 367 K | 1.26 M | 4.19 M | - | 1.03 M | 6.23 M | -191 K | - | -177 K | -1.65 M | 2.89 M | - | -3.71 M | -364 K | -1.78 M | - | -48 K | -1.48 M | -1.19 M | -9.84 M | 4.71 M | 1.24 M | 903 K | -1.51 M |
EBITDA |
489 M | 403 M | 476 M | 449 M | 384 M | 420 M | 406 M | 336 M | 376 M | 364 M | 393 M | - | 407 M | 393 M | 378 M | - | 560 M | 489 M | 386 M | - | 483 M | 321 M | 294 M | - | 485 M | 411 M | 236 M | - | 426 M | 269 M | 236 M | - | 451 M | 372 M | 271 M | - | 474 M | 370 M | 234 M | - | 512 M | 410 M | 273 M | - | 574 M | 481 M | 350 M | - | 563 M | 463 M | 336 M | - | 619 M | 482 M | 373 M | - | 550 M | 464 M | 326 M | 497 M | 397 M | 269 M | 372 M | 256 M |
General and Administrative Expenses |
489 M | 492 M | 456 M | 464 M | 449 M | 430 M | 429 M | 443 M | 403 M | 434 M | 432 M | - | 402 M | 424 M | 444 M | - | 413 M | 428 M | 409 M | - | 382 M | 367 M | 387 M | - | 391 M | 397 M | 408 M | - | 426 M | 429 M | 435 M | - | 410 M | 421 M | 486 M | - | 421 M | 437 M | 443 M | - | 396 M | 403 M | 435 M | - | 426 M | 439 M | 433 M | - | 408 M | 436 M | 416 M | - | 452 M | 466 M | 454 M | - | 477 M | 448 M | 453 M | 414 M | 424 M | 409 M | 378 M | 365 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Dover Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.