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

Dover Corporation is the larger business by last-quarter revenue ($2.1B vs $1.4B, roughly 1.5× PACS Group, Inc.). Dover Corporation runs the higher net margin — 13.4% vs 4.4%, a 9.0% gap on every dollar of revenue. On growth, PACS Group, Inc. posted the faster year-over-year revenue change (18.4% vs 12.5%). Over the past eight quarters, PACS Group, Inc.'s revenue compounded faster (20.5% CAGR vs -1.8%).

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...

DOV vs PACS — Head-to-Head

Bigger by revenue
DOV
DOV
1.5× larger
DOV
$2.1B
$1.4B
PACS
Growing faster (revenue YoY)
PACS
PACS
+5.9% gap
PACS
18.4%
12.5%
DOV
Higher net margin
DOV
DOV
9.0% more per $
DOV
13.4%
4.4%
PACS
Faster 2-yr revenue CAGR
PACS
PACS
Annualised
PACS
20.5%
-1.8%
DOV

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DOV
DOV
PACS
PACS
Revenue
$2.1B
$1.4B
Net Profit
$282.1M
$59.7M
Gross Margin
39.1%
Operating Margin
16.5%
7.0%
Net Margin
13.4%
4.4%
Revenue YoY
12.5%
18.4%
Net Profit YoY
22.2%
3022.5%
EPS (diluted)
$2.06
$0.42

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
DOV
DOV
PACS
PACS
Q1 26
$2.1B
Q4 25
$2.1B
$1.4B
Q3 25
$2.1B
$1.3B
Q2 25
$2.0B
$1.3B
Q1 25
$1.9B
$1.3B
Q4 24
$1.5B
$1.1B
Q3 24
$2.0B
$1.0B
Q2 24
$2.2B
$981.4M
Net Profit
DOV
DOV
PACS
PACS
Q1 26
$282.1M
Q4 25
$282.1M
$59.7M
Q3 25
$302.0M
$52.4M
Q2 25
$279.1M
$51.0M
Q1 25
$230.8M
$28.5M
Q4 24
$1.4B
$1.9M
Q3 24
$347.1M
$15.6M
Q2 24
$281.8M
$-10.9M
Gross Margin
DOV
DOV
PACS
PACS
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%
17.1%
Q2 24
37.7%
22.3%
Operating Margin
DOV
DOV
PACS
PACS
Q1 26
16.5%
Q4 25
16.5%
7.0%
Q3 25
18.2%
6.4%
Q2 25
17.3%
6.2%
Q1 25
15.9%
3.8%
Q4 24
14.0%
1.7%
Q3 24
16.8%
2.2%
Q2 24
17.0%
0.1%
Net Margin
DOV
DOV
PACS
PACS
Q1 26
13.4%
Q4 25
13.4%
4.4%
Q3 25
14.5%
3.9%
Q2 25
13.6%
3.9%
Q1 25
12.4%
2.2%
Q4 24
96.4%
0.2%
Q3 24
17.5%
1.5%
Q2 24
12.9%
-1.1%
EPS (diluted)
DOV
DOV
PACS
PACS
Q1 26
$2.06
Q4 25
$2.06
$0.42
Q3 25
$2.19
$0.32
Q2 25
$2.02
$0.31
Q1 25
$1.67
$0.17
Q4 24
$10.38
$-0.03
Q3 24
$2.51
$0.10
Q2 24
$2.04
$-0.07

Balance Sheet & Financial Strength

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

Metric
DOV
DOV
PACS
PACS
Cash + ST InvestmentsLiquidity on hand
$197.0M
Total DebtLower is stronger
$3.3B
$353.2M
Stockholders' EquityBook value
$7.4B
$946.8M
Total Assets
$13.4B
$5.6B
Debt / EquityLower = less leverage
0.45×
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOV
DOV
PACS
PACS
Q1 26
Q4 25
$197.0M
Q3 25
$355.7M
Q2 25
$294.2M
Q1 25
$287.5M
Q4 24
$157.7M
Q3 24
$49.5M
Q2 24
$73.4M
Total Debt
DOV
DOV
PACS
PACS
Q1 26
$3.3B
Q4 25
$3.3B
$353.2M
Q3 25
$3.1B
Q2 25
$3.1B
Q1 25
$3.0B
Q4 24
$2.9B
$411.9M
Q3 24
$3.0B
Q2 24
$3.0B
Stockholders' Equity
DOV
DOV
PACS
PACS
Q1 26
$7.4B
Q4 25
$7.4B
$946.8M
Q3 25
$7.7B
$871.3M
Q2 25
$7.4B
$806.8M
Q1 25
$7.1B
$750.2M
Q4 24
$7.0B
$709.6M
Q3 24
$5.7B
$660.0M
Q2 24
$5.4B
$572.1M
Total Assets
DOV
DOV
PACS
PACS
Q1 26
$13.4B
Q4 25
$13.4B
$5.6B
Q3 25
$13.4B
$5.6B
Q2 25
$13.2B
$5.5B
Q1 25
$12.6B
$5.5B
Q4 24
$12.5B
$5.2B
Q3 24
$11.9B
$4.5B
Q2 24
$11.3B
$3.9B
Debt / Equity
DOV
DOV
PACS
PACS
Q1 26
0.45×
Q4 25
0.45×
0.37×
Q3 25
0.40×
Q2 25
0.41×
Q1 25
0.42×
Q4 24
0.42×
0.58×
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
DOV
DOV
PACS
PACS
Operating Cash FlowLast quarter
$-3.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.06×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOV
DOV
PACS
PACS
Q1 26
Q4 25
$543.9M
$-3.4M
Q3 25
$424.2M
$204.8M
Q2 25
$212.3M
$52.6M
Q1 25
$157.5M
$150.2M
Q4 24
$439.0M
$64.6M
Q3 24
$353.2M
$209.2M
Q2 24
$203.7M
$34.8M
Free Cash Flow
DOV
DOV
PACS
PACS
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
DOV
DOV
PACS
PACS
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
DOV
DOV
PACS
PACS
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
DOV
DOV
PACS
PACS
Q1 26
Q4 25
1.93×
-0.06×
Q3 25
1.40×
3.91×
Q2 25
0.76×
1.03×
Q1 25
0.68×
5.28×
Q4 24
0.31×
33.78×
Q3 24
1.02×
13.39×
Q2 24
0.72×

Financial Flow Comparison

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

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