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

PulteGroup is the larger business by last-quarter revenue ($3.4B vs $2.1B, roughly 1.6× Dover Corporation). Dover Corporation runs the higher net margin — 13.4% vs 10.2%, a 3.3% gap on every dollar of revenue. On growth, Dover Corporation posted the faster year-over-year revenue change (12.5% vs -12.4%). Over the past eight quarters, Dover Corporation's revenue compounded faster (-1.8% CAGR vs -13.9%).

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...

PulteGroup, Inc. is an American residential home-construction company based in Atlanta, Georgia, United States. As of 2023, the company is the third-largest home-construction company in the United States based on the number of homes closed. In total, the company has built over 775,000 homes.

DOV vs PHM — Head-to-Head

Bigger by revenue
PHM
PHM
1.6× larger
PHM
$3.4B
$2.1B
DOV
Growing faster (revenue YoY)
DOV
DOV
+24.9% gap
DOV
12.5%
-12.4%
PHM
Higher net margin
DOV
DOV
3.3% more per $
DOV
13.4%
10.2%
PHM
Faster 2-yr revenue CAGR
DOV
DOV
Annualised
DOV
-1.8%
-13.9%
PHM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
DOV
DOV
PHM
PHM
Revenue
$2.1B
$3.4B
Net Profit
$282.1M
$347.0M
Gross Margin
39.1%
Operating Margin
16.5%
Net Margin
13.4%
10.2%
Revenue YoY
12.5%
-12.4%
Net Profit YoY
22.2%
EPS (diluted)
$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
DOV
DOV
PHM
PHM
Q1 26
$2.1B
$3.4B
Q4 25
$2.1B
$4.6B
Q3 25
$2.1B
$4.4B
Q2 25
$2.0B
$4.4B
Q1 25
$1.9B
$3.9B
Q4 24
$1.5B
$4.9B
Q3 24
$2.0B
$4.5B
Q2 24
$2.2B
$4.6B
Net Profit
DOV
DOV
PHM
PHM
Q1 26
$282.1M
$347.0M
Q4 25
$282.1M
$501.6M
Q3 25
$302.0M
$585.8M
Q2 25
$279.1M
$608.5M
Q1 25
$230.8M
$522.8M
Q4 24
$1.4B
$913.2M
Q3 24
$347.1M
$697.9M
Q2 24
$281.8M
$809.1M
Gross Margin
DOV
DOV
PHM
PHM
Q1 26
39.1%
Q4 25
39.1%
Q3 25
40.1%
27.8%
Q2 25
39.9%
28.6%
Q1 25
40.0%
28.8%
Q4 24
41.4%
Q3 24
38.5%
30.4%
Q2 24
37.7%
31.4%
Operating Margin
DOV
DOV
PHM
PHM
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
DOV
DOV
PHM
PHM
Q1 26
13.4%
10.2%
Q4 25
13.4%
10.9%
Q3 25
14.5%
13.3%
Q2 25
13.6%
13.8%
Q1 25
12.4%
13.4%
Q4 24
96.4%
18.6%
Q3 24
17.5%
15.6%
Q2 24
12.9%
17.6%
EPS (diluted)
DOV
DOV
PHM
PHM
Q1 26
$2.06
Q4 25
$2.06
$2.56
Q3 25
$2.19
$2.96
Q2 25
$2.02
$3.03
Q1 25
$1.67
$2.57
Q4 24
$10.38
$4.41
Q3 24
$2.51
$3.35
Q2 24
$2.04
$3.83

Balance Sheet & Financial Strength

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

Metric
DOV
DOV
PHM
PHM
Cash + ST InvestmentsLiquidity on hand
$1.8B
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$7.4B
$13.0B
Total Assets
$13.4B
$5.2B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOV
DOV
PHM
PHM
Q1 26
$1.8B
Q4 25
$2.0B
Q3 25
$1.5B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.6B
Q3 24
$1.4B
Q2 24
$1.4B
Total Debt
DOV
DOV
PHM
PHM
Q1 26
$3.3B
Q4 25
$3.3B
$43.9M
Q3 25
$3.1B
Q2 25
$3.1B
Q1 25
$3.0B
Q4 24
$2.9B
$31.1M
Q3 24
$3.0B
Q2 24
$3.0B
Stockholders' Equity
DOV
DOV
PHM
PHM
Q1 26
$7.4B
$13.0B
Q4 25
$7.4B
$13.0B
Q3 25
$7.7B
$12.8B
Q2 25
$7.4B
$12.6B
Q1 25
$7.1B
$12.3B
Q4 24
$7.0B
$12.1B
Q3 24
$5.7B
$11.6B
Q2 24
$5.4B
$11.2B
Total Assets
DOV
DOV
PHM
PHM
Q1 26
$13.4B
$5.2B
Q4 25
$13.4B
$18.0B
Q3 25
$13.4B
$17.9B
Q2 25
$13.2B
$17.6B
Q1 25
$12.6B
$17.3B
Q4 24
$12.5B
$17.4B
Q3 24
$11.9B
$17.0B
Q2 24
$11.3B
$16.5B
Debt / Equity
DOV
DOV
PHM
PHM
Q1 26
0.45×
Q4 25
0.45×
0.00×
Q3 25
0.40×
Q2 25
0.41×
Q1 25
0.42×
Q4 24
0.42×
0.00×
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
PHM
PHM
Operating Cash FlowLast quarter
$159.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
0.46×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOV
DOV
PHM
PHM
Q1 26
$159.8M
Q4 25
$543.9M
$771.1M
Q3 25
$424.2M
$678.4M
Q2 25
$212.3M
$287.5M
Q1 25
$157.5M
$134.2M
Q4 24
$439.0M
$567.6M
Q3 24
$353.2M
$455.9M
Q2 24
$203.7M
$417.5M
Free Cash Flow
DOV
DOV
PHM
PHM
Q1 26
Q4 25
$487.0M
$739.8M
Q3 25
$370.1M
$651.1M
Q2 25
$151.4M
$253.0M
Q1 25
$109.3M
$104.6M
Q4 24
$385.0M
$543.1M
Q3 24
$325.0M
$417.2M
Q2 24
$162.8M
$386.2M
FCF Margin
DOV
DOV
PHM
PHM
Q1 26
Q4 25
23.2%
16.0%
Q3 25
17.8%
14.8%
Q2 25
7.4%
5.7%
Q1 25
5.9%
2.7%
Q4 24
25.8%
11.0%
Q3 24
16.4%
9.3%
Q2 24
7.5%
8.4%
Capex Intensity
DOV
DOV
PHM
PHM
Q1 26
0.7%
Q4 25
2.7%
0.7%
Q3 25
2.6%
0.6%
Q2 25
3.0%
0.8%
Q1 25
2.6%
0.8%
Q4 24
3.6%
0.5%
Q3 24
1.4%
0.9%
Q2 24
1.9%
0.7%
Cash Conversion
DOV
DOV
PHM
PHM
Q1 26
0.46×
Q4 25
1.93×
1.54×
Q3 25
1.40×
1.16×
Q2 25
0.76×
0.47×
Q1 25
0.68×
0.26×
Q4 24
0.31×
0.62×
Q3 24
1.02×
0.65×
Q2 24
0.72×
0.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DOV
DOV

Segment breakdown not available.

PHM
PHM

Home sale revenues$3.3B97%
Financial Services$71.7M2%
Land sale and other revenues$29.3M1%

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