DoverDOV -2.07%88 Pretax Margin % is 14.55% as of Mar. 2026, which is 6% above its 10-year median of 13.73. GuruFocus rates DOV with a GF Score™ of 88/100 and a GF Value™ of $197.25 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 3,038 Industrial Products companies, Dover ranks better than 85.39% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Dover's Pre-Tax Income for the
three
months ended in Mar. 2026 was $299 Mil. Dover's Revenue for the
three
months ended in Mar. 2026 was $2,054 Mil. Therefore, Dover's pretax margin for the quarter that ended in Mar. 2026 was 14.55%.
The historical rank and industry rank for Dover's Pretax Margin % or its related term are showing as below:
DOV'
s Pretax Margin % Range Over the Past 10 Years
Min: 10.37 Med: 13.73 Max: 22.68
Current: 16.64
DOV's Pretax Margin % is ranked better than 85.39% of 3038
companies
in the Industrial Products industry
Industry Median: 5.85
vs DOV: 16.64
Dover (NYSE:DOV) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Dover Pretax Margin % Related Terms
Dover Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Dover's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Industrial Machinery subindustry, Dover's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Dover Pretax Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Dover's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Dover's Pretax Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Dover (DOV) has a Pretax Margin % of 14.55% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Dover and its competitors. This is near median its historical median of 13.73. Over the past decade, Dover's Pretax Margin % has ranged from 10.37 to 22.68. According to the industry distribution chart, Dover ranks #444 out of 3038 companies in the Industrial Products industry, placing it in the top 14.6%.
Is Dover's Pretax Margin % too high?
Dover's current Pretax Margin % of 14.55% is near median its 10-year median of 13.73. Over the past 10 years, this metric has ranged from a low of 10.37 to a high of 22.68. The Industrial Products industry median Pretax Margin % is 5.85. Dover's value of 14.55% is 148.7% above this industry median. Based on the distribution chart, Dover ranks #444 out of 3038 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Dover has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dover's Pretax Margin % compare to IR and OTIS?
According to the Industrial Products industry distribution chart, Dover ranks #444 out of 3038 companies for Pretax Margin %. This places Dover in the top 15% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.85. Dover's value of 14.55% is 148.7% above this benchmark. Historically, Dover's own Pretax Margin % has ranged from 10.37 to 22.68 over the past decade. While the company's 10-year median is 13.73 vs. the industry median of 5.85, Dover has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Industrial Products company?
The median Pretax Margin % among Industrial Products companies is 5.85, based on 3,038 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dover's current Pretax Margin % of 14.55% is 148.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Dover and its competitors. For the Industrial Products industry, the median Pretax Margin % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dover's current Pretax Margin % is 14.55%, which is near median its own 10-year median of 13.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dover stock overvalued right now?
Based on GuruFocus' analysis, Dover (DOV) is currently considered Modestly Overvalued. The stock's GF Value™ is $197.25, compared to a current price of $225.96 — trading 14.6% above its estimated fair value. The current Pretax Margin % is 14.55%, which is near median its 10-year median of 13.73 and 148.7% above the Industrial Products industry median of 5.85. Dover's overall GF Score™ is 88/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Dover (DOV), the current Pretax Margin % is 14.55% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dover (DOV) Overvalued in 2026?
Based on GuruFocus' analysis, Dover stock appears to be overvalued.
The current stock price of $225.96 is trading 14.6% above its estimated GF Value™ of $197.25.
GuruFocus considers Dover to be Modestly Overvalued.
Key valuation signals for DOV:
Pretax Margin %: 14.55% (near median its 10-year median of 13.73)
GF Value™: $197.25 vs. price of $225.96 (14.6% above fair value)
Industry Position: 148.7% above the Industrial Products median (#444 of 3038)
No single metric tells the full story. See the DOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1955 by George Ohrstrom, Dover has become an industrial behemoth through the acquisition of dozens of esteemed brands. The company is organized into five segments through which it designs and manufactures highly engineered components, such as vehicle repair, factory automation, welding, aerospace, fuel dispensing, printing, liquid handling, refrigeration, and can-making equipment. It has operations around the globe but generates over half of its revenue in the United States.
88GF Score
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