Dover Corporation (DOV)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,319,978 | 1,379,386 | 1,418,539 | 1,364,524 | 1,294,346 | 1,219,683 | 1,217,324 | 1,249,678 | 1,230,322 | 1,233,315 | 1,204,930 | 1,192,210 | 1,281,508 | 1,244,635 | 1,179,507 | 1,020,235 | 932,987 | 935,150 | 940,965 | 1,032,066 |
| 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 |
| Operating profit margin | 16.13% | 16.50% | 16.63% | 16.14% | 15.34% | 14.40% | 14.36% | 14.64% | 14.46% | 14.76% | 14.66% | 14.73% | 16.21% | 16.17% | 15.88% | 14.80% | 13.96% | 14.00% | 13.93% | 14.60% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,319,978K ÷ $8,185,610K
= 16.13%
Dover Corporation's operating profit margin has shown variability over the periods analyzed. It started at 14.60% as of March 31, 2020, and fluctuated between 13.93% and 16.21% over the following quarters.
There was a notable increase from 13.93% in June 2020 to 16.17% in September 2021, indicating improved operational efficiency and profitability. However, the margin dipped slightly to 14.36% by June 2023 before picking up again.
The highest recorded operating profit margin was 16.63% in June 2024, followed by a slight decrease to 16.13% by December 2024. Overall, Dover Corporation has generally maintained a healthy operating profit margin throughout the analyzed periods, reflecting effective cost management and revenue generation strategies. However, it is crucial to continue monitoring the trend to ensure sustained profitability levels.
Peer comparison
Dec 31, 2024