Q4 25 EPS
$2.51
BEAT +0.80%
Est. $2.49
Q4 25 Revenue
$2.10B
BEAT +0.68%
Est. $2.08B
vs S&P Since Q4 25
+7.1%
BEATING MARKET
DOV +11.0% vs S&P +3.8%
Full Year 2025 Results
FY 25 EPS
$9.61
BEAT +0.37%
Est. $9.57
FY 25 Revenue
$8.09B
BEAT +0.18%
Est. $8.08B
Market Reaction
Did DOV Beat Earnings? Q4 2025 Results
Dover Corporation closed out fiscal 2025 on a high note, posting Q4 adjusted diluted EPS of $2.51 against a consensus estimate of $2.49, a beat of 0.80%, while revenue of $2.10 billion edged past the $2.08 billion estimate by 0.68% and climbed 8.8% y… Read more Dover Corporation closed out fiscal 2025 on a high note, posting Q4 adjusted diluted EPS of $2.51 against a consensus estimate of $2.49, a beat of 0.80%, while revenue of $2.10 billion edged past the $2.08 billion estimate by 0.68% and climbed 8.8% year over year. The quarter represented the strongest organic growth rate of the full year at 5%, with broad-based momentum across all five operating segments driving the outperformance. The standout contributor was Pumps & Process Solutions, which delivered 10.7% organic growth and a 32.0% adjusted EBITDA margin, underscoring the earnings power of Dover's higher-margin industrial franchises. Full-year bookings of $8.14 billion, up from $7.68 billion in 2024, gave management confidence to issue constructive 2026 guidance calling for revenue growth of 5% to 7% and adjusted EPS of $10.45 to $10.65, with restructuring benefits from 2025 cost actions expected to support further margin conversion into the new year. Dover is scheduled to present at the Barclays Industrial Select Conference in February, offering investors a near-term opportunity to hear directly from leadership on execution priorities.
Key Takeaways
- • Broad-based top line strength with organic growth reaching highest level of the year at 5%
- • Robust trends in secular-growth-exposed markets
- • Improving conditions in retail fueling and refrigerated door cases and services
- • Volume leverage and ongoing productivity initiatives drove margin improvement
- • Significant restructuring benefit carrying into 2026 from previously announced programs
- • Sustained strong bookings rates supporting underlying momentum
- • Q4 consolidated bookings of $2.14 billion, up from $1.94 billion in Q4 2024
- • Pumps & Process Solutions led with 10.7% organic growth in Q4
- • Climate & Sustainability Technologies achieved 9.4% organic growth in Q4
DOV YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
DOV Revenue by Segment
With YoY comparisons, source: SEC Filings
“Our fourth quarter results reflect broad-based top line strength across the portfolio, with organic growth reaching its highest level of the year. Revenue performance was driven by robust trends in our secular-growth-exposed markets as well as improving conditions in retail fueling and refrigerated door cases and services. Our sustained strong bookings rates continue to support underlying momentum across the portfolio, providing confidence in the durability of demand as we enter the new year.”
— Richard J. Tobin, Q4 2025 Earnings Press Release
DOV Earnings Trends
DOV vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
DOV EPS Trend
Earnings per share: estimate vs actual
DOV Revenue Trend
Quarterly revenue: estimate vs actual
DOV Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $2.28 | — | $2.05B | +2.51% |
| Q4 25 BEAT FY | $2.49 | $2.51 | +0.80% | $2.10B | +0.68% |
| FY Full Year | $9.57 | $9.61 | +0.37% | $8.09B | +0.18% |
| Q3 25 BEAT | $2.51 | $2.62 | +4.52% | $2.08B | -1.50% |
| Q2 25 BEAT | $2.39 | $2.44 | +2.07% | $2.05B | +0.46% |
| Q1 25 BEAT | $1.98 | $2.05 | +3.45% | $1.87B | -0.54% |