Dover Corporation (DOV)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 37.96% | 37.64% | 37.24% | 36.78% | 36.56% | 36.18% | 35.92% | 35.94% | 36.01% | 36.12% | 36.51% | 36.97% | 37.56% | 37.67% | 37.75% | 37.46% | 37.02% | 37.04% | 36.84% | 36.92% |
| 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% |
| Pretax margin | 22.50% | 22.34% | 21.52% | 21.09% | 15.05% | 14.92% | 14.90% | 15.21% | 15.13% | 17.05% | 17.03% | 17.15% | 17.72% | 15.08% | 14.59% | 13.31% | 12.59% | 12.25% | 12.22% | 12.99% |
| 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% |
Dover Corporation's profitability ratios have shown various trends over the years based on the provided data.
- Gross Profit Margin: The company's gross profit margin has fluctuated between 35.92% and 37.96%, with some fluctuations observed. There was a slight decline in the margin from March 31, 2023, to December 31, 2024.
- Operating Profit Margin: Dover Corporation's operating profit margin has experienced fluctuations as well, ranging from 13.93% to 16.63%. The margin generally increased from March 31, 2020, to December 31, 2023, before experiencing a slight dip by June 30, 2024.
- Pretax Margin: The pretax margin shows significant variability, ranging from 12.22% to 22.50%. There was a notable increase in the margin from March 31, 2022, to December 31, 2024, indicating improved profitability before a sharp increase by the end of the period.
- Net Profit Margin: Dover Corporation's net profit margin also fluctuated between 9.99% and 32.95%, showing significant variability over the years. The margin generally increased from March 31, 2020, to December 31, 2024, with a notable surge in profitability by the end of the period.
Overall, the data suggests that Dover Corporation has managed to improve its profitability over the years, with notable increases in operating, pretax, and net profit margins. However, some fluctuations and declines in margins were observed during certain periods, indicating potential challenges in maintaining consistent profitability levels.
Return on investment
| 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 return on assets (Operating ROA) | 10.55% | 11.58% | 12.56% | 11.38% | 11.41% | 11.32% | 11.17% | 11.57% | 11.29% | 11.58% | 11.15% | 11.35% | 12.32% | 12.57% | 12.25% | 11.00% | 10.19% | 10.41% | 10.32% | 11.54% |
| Return on assets (ROA) | 21.56% | 13.07% | 13.28% | 12.18% | 9.31% | 9.51% | 9.36% | 9.88% | 9.78% | 10.93% | 10.57% | 10.64% | 10.80% | 9.52% | 9.13% | 7.98% | 7.47% | 7.45% | 7.41% | 8.37% |
| Return on total capital | 23.60% | 35.13% | 36.69% | 37.18% | 27.44% | 28.92% | 29.89% | 31.88% | 32.75% | 38.45% | 34.31% | 34.49% | 35.97% | 32.60% | 32.09% | 29.41% | 28.17% | 28.74% | 30.54% | 34.87% |
| Return on equity (ROE) | 38.79% | 27.33% | 27.97% | 28.34% | 20.70% | 21.19% | 21.89% | 23.94% | 24.85% | 29.18% | 26.03% | 25.80% | 26.82% | 24.23% | 23.65% | 21.15% | 20.19% | 20.62% | 21.85% | 25.11% |
Dover Corporation's profitability ratios show a consistent trend of healthy performance over the reported periods.
- Operating return on assets (Operating ROA) has shown a stable range between 10.32% to 12.57%, indicating the company's ability to generate profits from its core operations relative to its total assets.
- Return on assets (ROA) has demonstrated an increasing trend from 7.41% to 21.56%, reflecting the company's efficiency in utilizing its assets to generate profits for shareholders.
- Return on total capital has fluctuated but generally remained strong, ranging from 23.60% to 38.45%, showing Dover's effective management in generating returns on its capital investments.
- Return on equity (ROE) has exhibited a similar pattern of growth, from 20.19% to 38.79%, underlining the company's ability to deliver strong returns to its shareholders in relation to their equity investments.
Overall, Dover Corporation's profitability ratios indicate a sound financial performance and efficient utilization of resources to drive profitability and shareholder value.