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

Dover Corporation is the larger business by last-quarter revenue ($2.1B vs $1.2B, roughly 1.7× Public Storage). Public Storage runs the higher net margin — 41.7% vs 13.4%, a 28.3% gap on every dollar of revenue. On growth, Dover Corporation posted the faster year-over-year revenue change (12.5% vs 3.3%). Over the past eight quarters, Public Storage's revenue compounded faster (2.5% 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...

Public Storage, headquartered in Glendale, California, is a real estate investment trust that invests in self storage. It is the largest brand of self-storage services in the US and owns approximately 9% of the self storage square footage in the U.S. As of December 31, 2024, the company operated 3,073 self-storage facilities containing an aggregate of 221 million net rentable square feet of space.

DOV vs PSA — Head-to-Head

Bigger by revenue
DOV
DOV
1.7× larger
DOV
$2.1B
$1.2B
PSA
Growing faster (revenue YoY)
DOV
DOV
+9.2% gap
DOV
12.5%
3.3%
PSA
Higher net margin
PSA
PSA
28.3% more per $
PSA
41.7%
13.4%
DOV
Faster 2-yr revenue CAGR
PSA
PSA
Annualised
PSA
2.5%
-1.8%
DOV

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DOV
DOV
PSA
PSA
Revenue
$2.1B
$1.2B
Net Profit
$282.1M
$507.1M
Gross Margin
39.1%
Operating Margin
16.5%
40.7%
Net Margin
13.4%
41.7%
Revenue YoY
12.5%
3.3%
Net Profit YoY
22.2%
-17.5%
EPS (diluted)
$2.06
$2.59

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
PSA
PSA
Q1 26
$2.1B
Q4 25
$2.1B
$1.2B
Q3 25
$2.1B
$1.2B
Q2 25
$2.0B
$1.2B
Q1 25
$1.9B
$1.2B
Q4 24
$1.5B
$1.2B
Q3 24
$2.0B
$1.2B
Q2 24
$2.2B
$1.2B
Net Profit
DOV
DOV
PSA
PSA
Q1 26
$282.1M
Q4 25
$282.1M
$507.1M
Q3 25
$302.0M
$511.1M
Q2 25
$279.1M
$358.4M
Q1 25
$230.8M
$407.8M
Q4 24
$1.4B
$614.6M
Q3 24
$347.1M
$430.3M
Q2 24
$281.8M
$518.1M
Gross Margin
DOV
DOV
PSA
PSA
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
DOV
DOV
PSA
PSA
Q1 26
16.5%
Q4 25
16.5%
40.7%
Q3 25
18.2%
42.3%
Q2 25
17.3%
30.4%
Q1 25
15.9%
34.8%
Q4 24
14.0%
52.4%
Q3 24
16.8%
36.7%
Q2 24
17.0%
44.6%
Net Margin
DOV
DOV
PSA
PSA
Q1 26
13.4%
Q4 25
13.4%
41.7%
Q3 25
14.5%
41.8%
Q2 25
13.6%
29.8%
Q1 25
12.4%
34.5%
Q4 24
96.4%
52.2%
Q3 24
17.5%
36.2%
Q2 24
12.9%
44.2%
EPS (diluted)
DOV
DOV
PSA
PSA
Q1 26
$2.06
Q4 25
$2.06
$2.59
Q3 25
$2.19
$2.62
Q2 25
$2.02
$1.76
Q1 25
$1.67
$2.04
Q4 24
$10.38
$3.22
Q3 24
$2.51
$2.16
Q2 24
$2.04
$2.66

Balance Sheet & Financial Strength

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

Metric
DOV
DOV
PSA
PSA
Cash + ST InvestmentsLiquidity on hand
$318.1M
Total DebtLower is stronger
$3.3B
$10.3B
Stockholders' EquityBook value
$7.4B
$9.2B
Total Assets
$13.4B
$20.2B
Debt / EquityLower = less leverage
0.45×
1.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOV
DOV
PSA
PSA
Q1 26
Q4 25
$318.1M
Q3 25
$296.5M
Q2 25
$1.1B
Q1 25
$287.2M
Q4 24
$447.4M
Q3 24
$599.0M
Q2 24
$542.3M
Total Debt
DOV
DOV
PSA
PSA
Q1 26
$3.3B
Q4 25
$3.3B
$10.3B
Q3 25
$3.1B
$10.0B
Q2 25
$3.1B
$10.4B
Q1 25
$3.0B
$9.4B
Q4 24
$2.9B
$9.4B
Q3 24
$3.0B
$9.5B
Q2 24
$3.0B
$9.4B
Stockholders' Equity
DOV
DOV
PSA
PSA
Q1 26
$7.4B
Q4 25
$7.4B
$9.2B
Q3 25
$7.7B
$9.3B
Q2 25
$7.4B
$9.4B
Q1 25
$7.1B
$9.6B
Q4 24
$7.0B
$9.7B
Q3 24
$5.7B
$9.6B
Q2 24
$5.4B
$9.7B
Total Assets
DOV
DOV
PSA
PSA
Q1 26
$13.4B
Q4 25
$13.4B
$20.2B
Q3 25
$13.4B
$20.1B
Q2 25
$13.2B
$20.5B
Q1 25
$12.6B
$19.6B
Q4 24
$12.5B
$19.8B
Q3 24
$11.9B
$19.8B
Q2 24
$11.3B
$19.8B
Debt / Equity
DOV
DOV
PSA
PSA
Q1 26
0.45×
Q4 25
0.45×
1.11×
Q3 25
0.40×
1.08×
Q2 25
0.41×
1.11×
Q1 25
0.42×
0.99×
Q4 24
0.42×
0.96×
Q3 24
0.53×
0.99×
Q2 24
0.55×
0.97×

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
PSA
PSA
Operating Cash FlowLast quarter
$733.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.45×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOV
DOV
PSA
PSA
Q1 26
Q4 25
$543.9M
$733.6M
Q3 25
$424.2M
$875.1M
Q2 25
$212.3M
$872.7M
Q1 25
$157.5M
$705.1M
Q4 24
$439.0M
$768.6M
Q3 24
$353.2M
$798.8M
Q2 24
$203.7M
$895.3M
Free Cash Flow
DOV
DOV
PSA
PSA
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
PSA
PSA
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
PSA
PSA
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
PSA
PSA
Q1 26
Q4 25
1.93×
1.45×
Q3 25
1.40×
1.71×
Q2 25
0.76×
2.43×
Q1 25
0.68×
1.73×
Q4 24
0.31×
1.25×
Q3 24
1.02×
1.86×
Q2 24
0.72×
1.73×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DOV
DOV

Segment breakdown not available.

PSA
PSA

Self Storage Operations$1.1B93%
Ancillary Operations$86.9M7%

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