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.