Dover Corporation (DOV) Earnings Call Transcripts

Dover Corporation's Latest Earnings Call - Q3 FY2026

In the third quarter of fiscal year 2026, Dover Corporation (DOV:US) reported solid results with organic growth accelerating to 7% and adjusted EPS increasing by 10% to $2.88. Revenue for the quarter reached $2.4 billion, driven by a 16% year-over-year increase in bookings and a backlog that is up 35% compared to the previous year. Management has narrowed full-year guidance for organic growth to 5%-6% and adjusted EPS to a range of $10.60 to $10.75, reflecting confidence in sustained demand and operational momentum heading into 2027.

Reported metrics

Guidance from management

Dover has raised its full-year adjusted EPS guidance to a range of $10.60 to $10.75 and maintained organic growth guidance at 5% to 6%. Management expressed confidence in a strong finish to the year and a solid foundation heading into 2027.

What management said

Thank you, Leslie. Good morning, everyone, and thank you for joining our call. An audio version of this call will be available on our website through November 12, and a replay link of the webcast will be archived for 90 days. Our comments today will include forward-looking statements based on current expectations. Actual results and events could differ from those statements due to a number of risks and uncertaintie...

Yes, not really, other than the fact that Q4 is not always in our control, right? We've got the orders, we can make the orders, then it becomes a question at the end of the year whether those orders get called off by our customers or does everybody play a kind of managing the working capital gain at the end of the year. So we're always a little bit cautious because December could go almost either way in any given yea...

What analysts pressed on

Analysts raised questions regarding the sustainability of growth in the fourth quarter, particularly if customer orders might be called off at year-end. There were also inquiries about the impact of rising costs and pricing strategies in light of inflationary pressures.

Main topics on the call

• Strong Order Growth — Dover's bookings increased by 16% year-over-year, with a book-to-bill ratio of 1.03, indicating robust demand across all segments. Management noted, "Our backlog is up 35% versus this time last year, which supports our c...
• Increased Capital Deployment — The company announced two bolt-on acquisitions aimed at enhancing manufacturing capabilities and geographic reach. Dover repurchased over $330 million of its shares in the quarter, reflecting a strong commitment to retur...
• Sector Performance Variability — While Clean Energy & Fueling grew 12% organically, Engineered Products experienced a decline of 2% due to lower volumes in European vehicle services. Management stated, "Demand for aerospace and defense components remain...
• Future Margin Improvements — Management anticipates significant margin improvements in the Climate & Sustainability Technologies segment as production ramps up. They expect, "margins in Climate & Sustainability Technologies are poised to improve mea...

Read the full Dover Corporation transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 97 Dover Corporation earnings call transcripts on record, spanning January 30, 2020 to October 22, 2026. Based on this history, Dover Corporation reports quarterly. The most recent call on file is dated October 22, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

DOV

Exchange

NYSE

Country

US

Sector

Industrials

Industry

Machinery

Calls on record

97

First call

January 30, 2020

Most recent

October 22, 2026

Reporting cadence

quarterly