Dover Corporation (DOV) — Capital Reinvestment Ratio
Dover Corporation (DOV) has a Capital Reinvestment Ratio of 0.31x as of March 2026, meaning it reinvests 0% of its operating cash flow ($191.00 Million) in capital expenditures ($59.81 Million). Check Dover Corporation (DOV) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Dover Corporation Capital Reinvestment Ratio (1989–2025)
This chart tracks Dover Corporation's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Dover Corporation.
Annual Capital Reinvestment Ratio for Dover Corporation (1989–2025)
Year-by-year Capital Reinvestment Ratio for Dover Corporation from 1989 to 2025. See DOV cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.16x | $1.34 Billion | $220.26 Million | ▼ -26.5% |
| 2024 | 0.22x | $748.38 Million | $167.53 Million | ▲ +55.3% |
| 2023 | 0.14x | $1.34 Billion | $192.59 Million | ▼ -47.4% |
| 2022 | 0.27x | $805.72 Million | $220.96 Million | ▲ +78.5% |
| 2021 | 0.15x | $1.12 Billion | $171.47 Million | ▲ +2.5% |
| 2020 | 0.15x | $1.10 Billion | $165.69 Million | ▼ -24.1% |
| 2019 | 0.20x | $945.31 Million | $186.80 Million | ▼ -7.7% |
| 2018 | 0.21x | $798.63 Million | $170.99 Million | ▲ +5.2% |
| 2017 | 0.20x | $835.63 Million | $170.07 Million | ▲ +6.2% |
| 2016 | 0.19x | $861.98 Million | $165.21 Million | ▲ +3.8% |
| 2015 | 0.18x | $835.11 Million | $154.25 Million | ▲ +8.6% |
| 2014 | 0.17x | $975.92 Million | $166.03 Million | ▲ +38.4% |
| 2013 | 0.12x | $1.15 Billion | $141.69 Million | ▼ -47.8% |
| 2012 | 0.24x | $1.26 Billion | $297.01 Million | ▼ -8.3% |
| 2011 | 0.26x | $1.06 Billion | $271.81 Million | ▲ +33.3% |
| 2010 | 0.19x | $950.55 Million | $183.22 Million | ▲ +27.7% |
| 2009 | 0.15x | $795.21 Million | $120.01 Million | ▼ -13.3% |
| 2008 | 0.17x | $1.01 Billion | $175.79 Million | ▼ -12.6% |
| 2007 | 0.20x | $874.95 Million | $174.25 Million | ▼ -8.5% |
| 2006 | 0.22x | $894.71 Million | $194.74 Million | ▲ +19.6% |
| 2005 | 0.18x | $694.33 Million | $126.39 Million | ▲ +22.9% |
| 2004 | 0.15x | $592.95 Million | $87.86 Million | ▼ -8.8% |
| 2003 | 0.16x | $593.67 Million | $96.40 Million | ▼ -43.3% |
| 2002 | 0.29x | $357.14 Million | $102.31 Million | ▲ +10.0% |
| 2001 | 0.26x | $640.78 Million | $166.89 Million | ▼ -68.5% |
| 2000 | 0.83x | $239.35 Million | $197.90 Million | ▲ +88.6% |
| 1999 | 0.44x | $1.61 Billion | $705.40 Million | ▼ -69.1% |
| 1998 | 1.42x | $476.90 Million | $675.90 Million | ▲ +349.3% |
| 1997 | 0.32x | $462.20 Million | $145.80 Million | ▼ -67.4% |
| 1996 | 0.97x | $391.90 Million | $378.70 Million | ▲ +182.6% |
| 1995 | 0.34x | $303.60 Million | $103.80 Million | ▲ +26.5% |
| 1994 | 0.27x | $314.10 Million | $84.90 Million | ▲ +24.9% |
| 1993 | 0.22x | $225.00 Million | $48.70 Million | ▼ -22.2% |
| 1992 | 0.28x | $171.90 Million | $47.80 Million | ▲ +18.0% |
| 1991 | 0.24x | $213.90 Million | $50.40 Million | ▼ -1.7% |
| 1990 | 0.24x | $219.90 Million | $52.70 Million | ▼ -29.1% |
| 1989 | 0.34x | $208.30 Million | $70.40 Million | — |