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

SANMINA CORP is the larger business by last-quarter revenue ($3.2B vs $2.1B, roughly 1.5× Dover Corporation). Dover Corporation runs the higher net margin — 13.4% vs 1.5%, a 11.9% gap on every dollar of revenue. On growth, SANMINA CORP posted the faster year-over-year revenue change (59.0% vs 12.5%). Over the past eight quarters, SANMINA CORP's revenue compounded faster (31.9% 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...

Sanmina Corporation is an American electronics manufacturing services (EMS) provider headquartered in San Jose, California that serves original equipment manufacturers (OEMs) in communications and computer hardware fields. The firm has nearly 80 manufacturing sites, and is one of the world’s largest independent manufacturers of printed circuit boards and backplanes. As of 2022, it is ranked number 482 in the Fortune 500 list.

DOV vs SANM — Head-to-Head

Bigger by revenue
SANM
SANM
1.5× larger
SANM
$3.2B
$2.1B
DOV
Growing faster (revenue YoY)
SANM
SANM
+46.5% gap
SANM
59.0%
12.5%
DOV
Higher net margin
DOV
DOV
11.9% more per $
DOV
13.4%
1.5%
SANM
Faster 2-yr revenue CAGR
SANM
SANM
Annualised
SANM
31.9%
-1.8%
DOV

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
DOV
DOV
SANM
SANM
Revenue
$2.1B
$3.2B
Net Profit
$282.1M
$49.3M
Gross Margin
39.1%
7.6%
Operating Margin
16.5%
2.3%
Net Margin
13.4%
1.5%
Revenue YoY
12.5%
59.0%
Net Profit YoY
22.2%
-24.2%
EPS (diluted)
$2.06
$0.89

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
SANM
SANM
Q1 26
$2.1B
Q4 25
$2.1B
$3.2B
Q3 25
$2.1B
$2.1B
Q2 25
$2.0B
$2.0B
Q1 25
$1.9B
$2.0B
Q4 24
$1.5B
$2.0B
Q3 24
$2.0B
$2.0B
Q2 24
$2.2B
$1.8B
Net Profit
DOV
DOV
SANM
SANM
Q1 26
$282.1M
Q4 25
$282.1M
$49.3M
Q3 25
$302.0M
$48.1M
Q2 25
$279.1M
$68.6M
Q1 25
$230.8M
$64.2M
Q4 24
$1.4B
$65.0M
Q3 24
$347.1M
$61.4M
Q2 24
$281.8M
$51.6M
Gross Margin
DOV
DOV
SANM
SANM
Q1 26
39.1%
Q4 25
39.1%
7.6%
Q3 25
40.1%
9.1%
Q2 25
39.9%
8.9%
Q1 25
40.0%
8.9%
Q4 24
41.4%
8.4%
Q3 24
38.5%
8.5%
Q2 24
37.7%
8.3%
Operating Margin
DOV
DOV
SANM
SANM
Q1 26
16.5%
Q4 25
16.5%
2.3%
Q3 25
18.2%
3.7%
Q2 25
17.3%
4.7%
Q1 25
15.9%
4.6%
Q4 24
14.0%
4.4%
Q3 24
16.8%
4.4%
Q2 24
17.0%
4.5%
Net Margin
DOV
DOV
SANM
SANM
Q1 26
13.4%
Q4 25
13.4%
1.5%
Q3 25
14.5%
2.3%
Q2 25
13.6%
3.4%
Q1 25
12.4%
3.2%
Q4 24
96.4%
3.2%
Q3 24
17.5%
3.0%
Q2 24
12.9%
2.8%
EPS (diluted)
DOV
DOV
SANM
SANM
Q1 26
$2.06
Q4 25
$2.06
$0.89
Q3 25
$2.19
$0.88
Q2 25
$2.02
$1.26
Q1 25
$1.67
$1.16
Q4 24
$10.38
$1.16
Q3 24
$2.51
$1.09
Q2 24
$2.04
$0.91

Balance Sheet & Financial Strength

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

Metric
DOV
DOV
SANM
SANM
Cash + ST InvestmentsLiquidity on hand
$1.4B
Total DebtLower is stronger
$3.3B
$2.2B
Stockholders' EquityBook value
$7.4B
$2.7B
Total Assets
$13.4B
$9.8B
Debt / EquityLower = less leverage
0.45×
0.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOV
DOV
SANM
SANM
Q1 26
Q4 25
$1.4B
Q3 25
$926.3M
Q2 25
$797.9M
Q1 25
$647.1M
Q4 24
$642.4M
Q3 24
$625.9M
Q2 24
$657.7M
Total Debt
DOV
DOV
SANM
SANM
Q1 26
$3.3B
Q4 25
$3.3B
$2.2B
Q3 25
$3.1B
$300.5M
Q2 25
$3.1B
Q1 25
$3.0B
Q4 24
$2.9B
Q3 24
$3.0B
Q2 24
$3.0B
Stockholders' Equity
DOV
DOV
SANM
SANM
Q1 26
$7.4B
Q4 25
$7.4B
$2.7B
Q3 25
$7.7B
$2.5B
Q2 25
$7.4B
$2.5B
Q1 25
$7.1B
$2.4B
Q4 24
$7.0B
$2.4B
Q3 24
$5.7B
$2.4B
Q2 24
$5.4B
$2.3B
Total Assets
DOV
DOV
SANM
SANM
Q1 26
$13.4B
Q4 25
$13.4B
$9.8B
Q3 25
$13.4B
$5.9B
Q2 25
$13.2B
$5.2B
Q1 25
$12.6B
$5.0B
Q4 24
$12.5B
$4.8B
Q3 24
$11.9B
$4.8B
Q2 24
$11.3B
$4.7B
Debt / Equity
DOV
DOV
SANM
SANM
Q1 26
0.45×
Q4 25
0.45×
0.82×
Q3 25
0.40×
0.12×
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
DOV
DOV
SANM
SANM
Operating Cash FlowLast quarter
$178.7M
Free Cash FlowOCF − Capex
$91.9M
FCF MarginFCF / Revenue
2.9%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
3.63×
TTM Free Cash FlowTrailing 4 quarters
$518.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOV
DOV
SANM
SANM
Q1 26
Q4 25
$543.9M
$178.7M
Q3 25
$424.2M
$199.1M
Q2 25
$212.3M
$200.8M
Q1 25
$157.5M
$156.9M
Q4 24
$439.0M
$63.9M
Q3 24
$353.2M
$51.9M
Q2 24
$203.7M
$90.0M
Free Cash Flow
DOV
DOV
SANM
SANM
Q1 26
Q4 25
$487.0M
$91.9M
Q3 25
$370.1M
$136.6M
Q2 25
$151.4M
$163.7M
Q1 25
$109.3M
$126.1M
Q4 24
$385.0M
$46.9M
Q3 24
$325.0M
$27.2M
Q2 24
$162.8M
$67.2M
FCF Margin
DOV
DOV
SANM
SANM
Q1 26
Q4 25
23.2%
2.9%
Q3 25
17.8%
6.5%
Q2 25
7.4%
8.0%
Q1 25
5.9%
6.4%
Q4 24
25.8%
2.3%
Q3 24
16.4%
1.4%
Q2 24
7.5%
3.7%
Capex Intensity
DOV
DOV
SANM
SANM
Q1 26
Q4 25
2.7%
2.7%
Q3 25
2.6%
3.0%
Q2 25
3.0%
1.8%
Q1 25
2.6%
1.5%
Q4 24
3.6%
0.9%
Q3 24
1.4%
1.2%
Q2 24
1.9%
1.2%
Cash Conversion
DOV
DOV
SANM
SANM
Q1 26
Q4 25
1.93×
3.63×
Q3 25
1.40×
4.14×
Q2 25
0.76×
2.93×
Q1 25
0.68×
2.44×
Q4 24
0.31×
0.98×
Q3 24
1.02×
0.85×
Q2 24
0.72×
1.74×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DOV
DOV

Segment breakdown not available.

SANM
SANM

Industrial And Energy Medical Defense And Aerospace And Automotive And Transportation$1.2B38%
ZT Systems$1.1B34%
Other Segments CPS$434.3M14%
CPS Third Party Revenue$412.7M13%
Change In Accounting Method Accounted For As Change In Estimate$2.7M0%

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