Dover Corporation DOV
Dover Corporation scores average on business quality (5.7 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Dover Corporation does
Dover designs and manufactures specialized equipment and components across five operating segments, selling to industrial and commercial end-markets that rely on its pumps, valves, and fueling systems.
- What it does best
Dover excels at niche equipment manufacturing, posting a gross margin of 40.1% that sits above peers like Parker-Hannifin at 37.8%. This edge stems from entrenched product lines in harsh operating environments where failure costs more than the hardware.
- The main risk
Demand exposure in cyclical industrial end-markets threatens volume. If capex budgets tighten across its diverse manufacturing base, organic revenue growth of 4.5% risks stalling as customers defer equipment upgrades.
Quality, check by check
Scored against its own industry, from company filings.
Operating margins hold at 17.8% with an ROE of 15.0%. Profitability is stable, supported by disciplined cost control that helps translate steady gross margins into reliable cash flow.
Dover builds a switching-cost moat by embedding specialized machinery into customer workflows. Its gross margin sits in the 63rd sector percentile, protecting pricing power against generic rivals.
Revenue growth registers at 4.5%, hovering in the middle of the pack at the 49th sector percentile. This growth is steady but reflects a slow-moving top line compared to historical peaks.
Interest coverage sits at 13.2x, meaning debt costs are easily managed. Free cash flow reached $1.2B, getting stronger as working capital normalizes from prior years.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
No open market buys or unplanned sales by executives or directors.
Our sealed record on DOV
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Dover Corporation scores average on the Cluenex quality check (5.7 of 10), measured against its own industry. Profitability is fair, moat fair, growth slow and financial health strong.
In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.
Oct 22, 2026.
See DOV today
- Today's verdict on DOV, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “Dover Corporation (DOV)”, https://cluenex.com/stocks/dov/, data as of Oct 10, 2026.