Dover Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	8,093	7,746	7,684	7,844	7,907
Revenue Growth (YoY)	4.47%	0.80%	-2.04%	-0.80%	18.30%
Cost of Revenue	4,874	4,749	4,798	4,932	4,924
Gross Profit	3,218	2,997	2,887	2,912	2,983
Selling, General & Admin	1,845	1,556	1,477	1,443	1,514
Research & Development	-	149.6	139.06	151.35	157.83
Operating Expenses	1,845	1,706	1,616	1,595	1,672
Operating Income	1,373	1,291	1,271	1,317	1,311
Interest Expense	-109.77	-131.17	-131.3	-116.46	-106.32
Interest & Investment Income	73.03	37.16	13.5	4.43	4.44
Other Non Operating Income (Expenses)	32.99	32.08	19.6	15.46	12.17
EBT Excluding Unusual Items	1,370	1,229	1,173	1,221	1,221
Merger & Restructuring Charges	-	-69.81	-49.9	-30.48	-26.71
Gain (Loss) on Sale of Assets	4.64	597.8	-	-	206.34
Pretax Income	1,374	1,757	1,123	1,190	1,401
Income Tax Expense	276.82	357.05	179.14	200.29	277.01
Earnings From Continuing Operations	1,097	1,400	943.86	989.91	1,124
Earnings From Discontinued Operations	-3.47	1,297	112.96	75.46	-
Net Income	1,094	2,697	1,057	1,065	1,124
Net Income to Common	1,094	2,697	1,057	1,065	1,124
Net Income Growth	-59.44%	155.21%	-0.80%	-5.20%	64.43%
Shares Outstanding (Basic)	137	138	140	143	144
Shares Outstanding (Diluted)	138	139	141	144	145
Shares Change (YoY)	-0.66%	-1.35%	-2.09%	-1.16%	-0.08%
EPS (Basic)	7.99	19.58	7.56	7.47	7.81
EPS (Diluted)	7.94	19.44	7.51	7.42	7.74
EPS Growth	-59.14%	158.77%	1.32%	-4.19%	64.68%
Free Cash Flow	1,113	580.85	1,153	594.64	944.4
Free Cash Flow Per Share	8.08	4.19	8.20	4.14	6.50
Dividend Per Share	2.070	2.050	2.030	2.010	1.990
Dividend Growth	0.98%	0.98%	1.00%	1.00%	1.01%
Gross Margin	39.77%	38.69%	37.57%	37.12%	37.72%
Operating Margin	16.97%	16.67%	16.54%	16.79%	16.58%
Profit Margin	13.52%	34.82%	13.75%	13.58%	14.21%
Free Cash Flow Margin	13.76%	7.50%	15.00%	7.58%	11.94%
EBITDA	1,753	1,629	1,576	1,613	1,601
EBITDA Margin	21.66%	21.03%	20.51%	20.56%	20.25%
D&A For EBITDA	379.58	337.84	305.05	295.66	290.12
EBIT	1,373	1,291	1,271	1,317	1,311
EBIT Margin	16.97%	16.67%	16.54%	16.79%	16.58%
Effective Tax Rate	20.14%	20.32%	15.95%	16.83%	19.78%
Advertising Expenses	-	23.17	22.11	24.42	23.69

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.