Dover Corp
NYSE:DOV
Operating Margin
Dover Corp
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
|
Dover Corp
NYSE:DOV
|
24.1B USD |
17%
|
|
| JP |
I
|
Ishii Iron Works Co Ltd
TSE:6362
|
304.2T JPY |
13%
|
|
| US |
|
Parker-Hannifin Corp
NYSE:PH
|
83.3B USD |
21%
|
|
| JP |
|
Mitsubishi Heavy Industries Ltd
TSE:7011
|
11.9T JPY |
8%
|
|
| SE |
|
Atlas Copco AB
STO:ATCO A
|
735B SEK |
21%
|
|
| US |
|
Illinois Tool Works Inc
NYSE:ITW
|
70.7B USD |
26%
|
|
| CH |
|
Schindler Holding AG
SIX:SCHP
|
31.3B CHF |
11%
|
|
| US |
|
Otis Worldwide Corp
NYSE:OTIS
|
37.8B USD |
12%
|
|
| US |
|
Barnes Group Inc
NYSE:B
|
36.3B USD |
37%
|
|
| FI |
K
|
Kone Oyj
OMXH:KNEBV
|
29B EUR |
11%
|
|
| US |
|
Ingersoll Rand Inc
NYSE:IR
|
32.6B USD |
20%
|
Dover Corp
Glance View
Dover Corporation, founded in 1955, is a diversified global manufacturer with a robust portfolio that spans across various segments, each contributing to the company's sturdy financial framework. Over the decades, the company has built a reputation for innovation and operational excellence by focusing on a few key sectors: engineered systems, fuel solutions, imaging and identification, pumps and process solutions, and refrigeration and food equipment. This strategic focus allows Dover to provide highly specialized equipment and components, critical consumable supplies, aftermarket parts, services, and digital solutions worldwide. By constantly investing in new technologies and expanding its product offerings, Dover is able to address the distinct needs of its clientele, ranging from industrial manufacturers to commercial service providers. The company's financial success is largely anchored in its ability to adapt and respond to the shifting demands of the market while maintaining a sharp eye on efficiency and productivity. Dover's approach involves leveraging its strong portfolio through targeted acquisitions and organic growth across its business segments. For instance, in its fluid handling segment, the company develops precision pumps, which have applications in various industries, thereby ensuring a steady revenue stream from diverse sources. Additionally, the company demonstrates a strong commitment to sustainability, aiming to enhance its production processes while reducing environmental impact, which in turn appeals to a broader, more eco-conscious customer base. Such strategic endeavors highlight Dover's keen ability to navigate the industrial and technology landscape, ensuring its position as a leader in the market.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Dover Corp's most recent financial statements, the company has Operating Margin of 17%.
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