Dover Corporation (DOV)

Working capital turnover

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue US$ in thousands 8,092,570 7,745,910 8,438,130 7,844,170 7,907,080
Total current assets US$ in thousands 4,506,940 4,484,500 3,390,240 3,423,460 3,061,710
Total current liabilities US$ in thousands 2,518,490 2,196,530 2,413,770 2,773,270 2,250,340
Working capital turnover 4.07 3.39 8.64 12.06 9.75

December 31, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $8,092,570K ÷ ($4,506,940K – $2,518,490K)
= 4.07