Dover Corporation (DOV)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,697,123 | 1,557,405 | 1,500,058 | 1,460,475 | 1,056,828 | 1,024,145 | 1,020,418 | 1,067,797 | 1,065,376 | 1,164,582 | 1,142,312 | 1,117,202 | 1,123,818 | 943,139 | 879,683 | 739,941 | 683,451 | 669,467 | 675,173 | 748,492 |
| Revenue (ttm) | US$ in thousands | 8,185,610 | 8,361,500 | 8,531,230 | 8,453,060 | 8,438,140 | 8,471,560 | 8,476,580 | 8,535,210 | 8,508,090 | 8,358,150 | 8,218,130 | 8,091,090 | 7,907,090 | 7,698,240 | 7,428,230 | 6,895,730 | 6,683,770 | 6,678,970 | 6,756,050 | 7,067,580 |
| Net profit margin | 32.95% | 18.63% | 17.58% | 17.28% | 12.52% | 12.09% | 12.04% | 12.51% | 12.52% | 13.93% | 13.90% | 13.81% | 14.21% | 12.25% | 11.84% | 10.73% | 10.23% | 10.02% | 9.99% | 10.59% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,697,123K ÷ $8,185,610K
= 32.95%
The net profit margin of Dover Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The net profit margin started at 10.59% in March 2020 and experienced variations up to 32.95% by the end of December 2024.
The trend of the net profit margin indicates some volatility, with fluctuations occurring in each reporting period. Over the analyzed timeframe, the net profit margin generally increased, with some peak performances in certain quarters. Notably, there was a significant rise in the net profit margin from December 31, 2024, where it surged to 32.95%.
It is essential to assess the factors driving these fluctuations in net profit margin, as well as the company's operational efficiency and profitability strategies that have led to the observed improvements in profitability ratios. Further analysis could provide insights into the sustainability of these trends and the overall financial health of Dover Corporation.
Peer comparison
Dec 31, 2024