Dover vs Xylem
Dover and Xylem are similar in size: $8.09bn and $9.04bn of revenue in their latest fiscal years. Xylem grew faster (5.5% against 4.5%). Dover kept more of each dollar of sales as profit: a net margin of 13.5% against 10.6%.
| Latest fiscal year | DoverDOV, 2025 | XylemXYL, 2025 |
|---|---|---|
| Revenue | $8.09bn | $9.04bn |
| Revenue growth | 4.5% | 5.5% |
| Net income | $1.09bn | $957m |
| Operating margin | — | 13.5% |
| Net margin | 13.5% | 10.6% |
| Return on equity | 15.2% | 8.7% |
| Free cash flow | $1.12bn | $910m |
| Cash | $1.68bn | $1.48bn |
| Total debt | $4.03bn | $2.49bn |
| Debt to equity | — | 21.7% |
| Dividend per share | $2.07 | $1.60 |
| Dividend yield | 1.0% | 1.8% |
| Share buybacks | $541m | $15.0m |
| Employees | 24,000 | 22,000 |
| Market value | $28.72bn | $22.36bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 76 (Strong) | 63 (Moderate) |
| Insider trades, 12 months | 0 buys, 5 sales | 2 buys, 2 sales |