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Side-by-side financial comparison of Amer Sports, Inc. (AS) and Dover Corporation (DOV). Click either name above to swap in a different company.

Dover Corporation is the larger business by last-quarter revenue ($2.1B vs $1.1B, roughly 2.0× Amer Sports, Inc.). Dover Corporation runs the higher net margin — 13.4% vs 1.8%, a 11.6% gap on every dollar of revenue.

Amer Sports, Inc. is a Finnish multinational sporting equipment division based in Helsinki, Finland. Established in 1950 as an industrial conglomerate with interests as diverse as tobacco trading, ship owning and publishing, Amer has gradually evolved into a multinational firm devoted to the production and marketing of sporting goods. The company employs over 9,700 people. Since 2018, Amer has been a subsidiary of Chinese retail conglomerate Anta Sports.

Dover Corporation is an American conglomerate manufacturer of industrial products. The Downers Grove, Illinois-based company was founded in 1955. As of 2021, Dover's business was divided into five segments: Engineered Products, Clean Energy and Fueling, Imaging & Identification, Pumps & Process Solutions and Climate and Sustainability Technologies. Dover is a constituent of the S&P 500 index and trades on the New York Stock Exchange under the symbol DOV. Dover was ranked 448 in the 2024 Fortu...

AS vs DOV — Head-to-Head

Bigger by revenue
DOV
DOV
2.0× larger
DOV
$2.1B
$1.1B
AS
Higher net margin
DOV
DOV
11.6% more per $
DOV
13.4%
1.8%
AS

Income Statement — Q1 FY2024 vs Q1 FY2026

Metric
AS
AS
DOV
DOV
Revenue
$1.1B
$2.1B
Net Profit
$19.0M
$282.1M
Gross Margin
52.8%
39.1%
Operating Margin
12.4%
16.5%
Net Margin
1.8%
13.4%
Revenue YoY
12.5%
Net Profit YoY
22.2%
EPS (diluted)
$0.05
$2.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AS
AS
DOV
DOV
Q1 26
$2.1B
Q4 25
$2.1B
Q3 25
$2.1B
Q2 25
$2.0B
Q1 25
$1.9B
Q4 24
$1.5B
Q3 24
$2.0B
Q2 24
$2.2B
Net Profit
AS
AS
DOV
DOV
Q1 26
$282.1M
Q4 25
$282.1M
Q3 25
$302.0M
Q2 25
$279.1M
Q1 25
$230.8M
Q4 24
$1.4B
Q3 24
$347.1M
Q2 24
$281.8M
Gross Margin
AS
AS
DOV
DOV
Q1 26
39.1%
Q4 25
39.1%
Q3 25
40.1%
Q2 25
39.9%
Q1 25
40.0%
Q4 24
41.4%
Q3 24
38.5%
Q2 24
37.7%
Operating Margin
AS
AS
DOV
DOV
Q1 26
16.5%
Q4 25
16.5%
Q3 25
18.2%
Q2 25
17.3%
Q1 25
15.9%
Q4 24
14.0%
Q3 24
16.8%
Q2 24
17.0%
Net Margin
AS
AS
DOV
DOV
Q1 26
13.4%
Q4 25
13.4%
Q3 25
14.5%
Q2 25
13.6%
Q1 25
12.4%
Q4 24
96.4%
Q3 24
17.5%
Q2 24
12.9%
EPS (diluted)
AS
AS
DOV
DOV
Q1 26
$2.06
Q4 25
$2.06
Q3 25
$2.19
Q2 25
$2.02
Q1 25
$1.67
Q4 24
$10.38
Q3 24
$2.51
Q2 24
$2.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AS
AS
DOV
DOV
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$7.4B
Total Assets
$13.4B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Total Debt
AS
AS
DOV
DOV
Q1 26
$3.3B
Q4 25
$3.3B
Q3 25
$3.1B
Q2 25
$3.1B
Q1 25
$3.0B
Q4 24
$2.9B
Q3 24
$3.0B
Q2 24
$3.0B
Stockholders' Equity
AS
AS
DOV
DOV
Q1 26
$7.4B
Q4 25
$7.4B
Q3 25
$7.7B
Q2 25
$7.4B
Q1 25
$7.1B
Q4 24
$7.0B
Q3 24
$5.7B
Q2 24
$5.4B
Total Assets
AS
AS
DOV
DOV
Q1 26
$13.4B
Q4 25
$13.4B
Q3 25
$13.4B
Q2 25
$13.2B
Q1 25
$12.6B
Q4 24
$12.5B
Q3 24
$11.9B
Q2 24
$11.3B
Debt / Equity
AS
AS
DOV
DOV
Q1 26
0.45×
Q4 25
0.45×
Q3 25
0.40×
Q2 25
0.41×
Q1 25
0.42×
Q4 24
0.42×
Q3 24
0.53×
Q2 24
0.55×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AS
AS
DOV
DOV
Operating Cash FlowLast quarter
$114.3M
Free Cash FlowOCF − Capex
$92.2M
FCF MarginFCF / Revenue
8.8%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
6.02×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AS
AS
DOV
DOV
Q1 26
Q4 25
$543.9M
Q3 25
$424.2M
Q2 25
$212.3M
Q1 25
$157.5M
Q4 24
$439.0M
Q3 24
$353.2M
Q2 24
$203.7M
Free Cash Flow
AS
AS
DOV
DOV
Q1 26
Q4 25
$487.0M
Q3 25
$370.1M
Q2 25
$151.4M
Q1 25
$109.3M
Q4 24
$385.0M
Q3 24
$325.0M
Q2 24
$162.8M
FCF Margin
AS
AS
DOV
DOV
Q1 26
Q4 25
23.2%
Q3 25
17.8%
Q2 25
7.4%
Q1 25
5.9%
Q4 24
25.8%
Q3 24
16.4%
Q2 24
7.5%
Capex Intensity
AS
AS
DOV
DOV
Q1 26
Q4 25
2.7%
Q3 25
2.6%
Q2 25
3.0%
Q1 25
2.6%
Q4 24
3.6%
Q3 24
1.4%
Q2 24
1.9%
Cash Conversion
AS
AS
DOV
DOV
Q1 26
Q4 25
1.93×
Q3 25
1.40×
Q2 25
0.76×
Q1 25
0.68×
Q4 24
0.31×
Q3 24
1.02×
Q2 24
0.72×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AS
AS

Americas2$409.6M39%
EMEA1$356.9M34%
Greater China3$205.6M20%
Asia Pacific4$78.2M7%

DOV
DOV

Segment breakdown not available.

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