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Dover Corporation (DOV)
NYSE:DOV
Earnings Data
Report Date
Apr 23, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
2.31Last Year’s EPS
2.05Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed broad-based operational strength: order momentum, margin expansion, improved free cash flow, successful M&A, and a constructive 2026 EPS guide. Notable pockets of weakness (engineered products/vehicle aftermarket, European exposures), commodity cost uncertainty, and near-term seasonality/biopharma comps create manageable risks, but highlights materially outweigh the lowlights.Company Guidance
Strong Q4 Organic Revenue Growth
Organic revenue grew 5% in Q4 — the highest level for 2025 — driven by secular growth markets and improving retail fueling and refrigerated door cases and services.
Robust Order Momentum and Book-to-Bill
Bookings were up 10% in Q4 and 6% for the full year, with book-to-bill seasonally high at 1.02 in Q4 and a 1.21 book-to-bill in the Climate & Sustainability segment.
Margin Expansion and Profitability
Consolidated segment EBITDA margin improved 60 basis points in the quarter to 24.8%; several segments reported meaningful margin gains (Engineered Products +200 bps, Climate & Sustainability +250 bps, Imaging & ID EBITDA margin at 28%).
Earnings and EPS Performance
Adjusted EPS was $9.61 in Q4, up 14% versus prior-year quarter and up 16% for the full year; management guided adjusted EPS $10.45–$10.65 for 2026 (double-digit growth at the midpoint).
Strong Free Cash Flow and Cash Conversion
Q4 free cash flow was $487 million (23% of revenue); full-year free cash flow was 14% of revenue, up nearly $200 million year-over-year; 2026 FCF guidance is 14%–16% of revenue.
Successful M&A and Capital Deployment
Deployed $700 million across four strategic acquisitions in 2025 (three in Pumps & Process Solutions) that are performing above underwriting; initiated a $500 million accelerated share repurchase and executed over $500 million in share repurchases in 2025.
Segment-Level Outperformance
Pumps & Process Solutions organic growth +11% in Q4 with best-in-class margins; Climate & Sustainability organic +9% with record shipments for brazed plate heat exchangers; Clean Energy & Fueling organic +4% and progressing toward mid-20% margin target.
Operational Actions and Productivity
Ongoing productivity and structural cost-management drove margin benefits; $40 million of carryover profit from prior productivity actions expected to benefit 2026 margins.
DOV Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DOV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 29, 2026 | $206.00 | $202.53 | -1.68% |
Oct 23, 2025 | $167.14 | $180.71 | +8.12% |
Jul 24, 2025 | $189.82 | $185.57 | -2.24% |
Apr 24, 2025 | $164.94 | $168.28 | +2.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Dover Corporation (DOV) report earnings?
Dover Corporation (DOV) is schdueled to report earning on Apr 23, 2026, Before Open (Confirmed).
What is Dover Corporation (DOV) earnings time?
Dover Corporation (DOV) earnings time is at Apr 23, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DOV EPS forecast?
DOV EPS forecast for the fiscal quarter 2026 (Q1) is 2.31.