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Side-by-side financial comparison of Dover Corporation (DOV) and SELECT MEDICAL HOLDINGS CORP (SEM). 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× SELECT MEDICAL HOLDINGS CORP). Dover Corporation runs the higher net margin — 13.4% vs 1.4%, a 12.0% gap on every dollar of revenue. On growth, Dover Corporation posted the faster year-over-year revenue change (12.5% vs 6.4%). Over the past eight quarters, SELECT MEDICAL HOLDINGS CORP's revenue compounded faster (2.8% 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...

Select Medical is a healthcare company based in Pennsylvania. It owns long-term acute care and inpatient rehabilitation hospitals, as well as occupational health and physical therapy clinics. Select Medical is a subsidiary of Select Medical Holdings, which is listed on the New York Stock Exchange.

DOV vs SEM — Head-to-Head

Bigger by revenue
DOV
DOV
1.5× larger
DOV
$2.1B
$1.4B
SEM
Growing faster (revenue YoY)
DOV
DOV
+6.1% gap
DOV
12.5%
6.4%
SEM
Higher net margin
DOV
DOV
12.0% more per $
DOV
13.4%
1.4%
SEM
Faster 2-yr revenue CAGR
SEM
SEM
Annualised
SEM
2.8%
-1.8%
DOV

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DOV
DOV
SEM
SEM
Revenue
$2.1B
$1.4B
Net Profit
$282.1M
$20.2M
Gross Margin
39.1%
Operating Margin
16.5%
4.6%
Net Margin
13.4%
1.4%
Revenue YoY
12.5%
6.4%
Net Profit YoY
22.2%
225.7%
EPS (diluted)
$2.06
$0.17

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
SEM
SEM
Q1 26
$2.1B
Q4 25
$2.1B
$1.4B
Q3 25
$2.1B
$1.4B
Q2 25
$2.0B
$1.3B
Q1 25
$1.9B
$1.4B
Q4 24
$1.5B
$1.3B
Q3 24
$2.0B
$1.3B
Q2 24
$2.2B
$1.3B
Net Profit
DOV
DOV
SEM
SEM
Q1 26
$282.1M
Q4 25
$282.1M
$20.2M
Q3 25
$302.0M
$28.8M
Q2 25
$279.1M
$40.6M
Q1 25
$230.8M
$56.7M
Q4 24
$1.4B
$-16.1M
Q3 24
$347.1M
$55.6M
Q2 24
$281.8M
$77.6M
Gross Margin
DOV
DOV
SEM
SEM
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
SEM
SEM
Q1 26
16.5%
Q4 25
16.5%
4.6%
Q3 25
18.2%
5.4%
Q2 25
17.3%
6.5%
Q1 25
15.9%
8.3%
Q4 24
14.0%
1.6%
Q3 24
16.8%
4.3%
Q2 24
17.0%
5.8%
Net Margin
DOV
DOV
SEM
SEM
Q1 26
13.4%
Q4 25
13.4%
1.4%
Q3 25
14.5%
2.1%
Q2 25
13.6%
3.0%
Q1 25
12.4%
4.2%
Q4 24
96.4%
-1.2%
Q3 24
17.5%
4.4%
Q2 24
12.9%
6.1%
EPS (diluted)
DOV
DOV
SEM
SEM
Q1 26
$2.06
Q4 25
$2.06
$0.17
Q3 25
$2.19
$0.23
Q2 25
$2.02
$0.32
Q1 25
$1.67
$0.44
Q4 24
$10.38
$-0.12
Q3 24
$2.51
$0.43
Q2 24
$2.04
$0.60

Balance Sheet & Financial Strength

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

Metric
DOV
DOV
SEM
SEM
Cash + ST InvestmentsLiquidity on hand
$26.5M
Total DebtLower is stronger
$3.3B
$1.8B
Stockholders' EquityBook value
$7.4B
$1.7B
Total Assets
$13.4B
$5.9B
Debt / EquityLower = less leverage
0.45×
1.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOV
DOV
SEM
SEM
Q1 26
Q4 25
$26.5M
Q3 25
$60.1M
Q2 25
$52.3M
Q1 25
$53.2M
Q4 24
$59.7M
Q3 24
$191.5M
Q2 24
$111.2M
Total Debt
DOV
DOV
SEM
SEM
Q1 26
$3.3B
Q4 25
$3.3B
$1.8B
Q3 25
$3.1B
$1.7B
Q2 25
$3.1B
$1.8B
Q1 25
$3.0B
$1.8B
Q4 24
$2.9B
$1.7B
Q3 24
$3.0B
$3.1B
Q2 24
$3.0B
$3.6B
Stockholders' Equity
DOV
DOV
SEM
SEM
Q1 26
$7.4B
Q4 25
$7.4B
$1.7B
Q3 25
$7.7B
$1.7B
Q2 25
$7.4B
$1.7B
Q1 25
$7.1B
$1.7B
Q4 24
$7.0B
$1.7B
Q3 24
$5.7B
$1.9B
Q2 24
$5.4B
$1.4B
Total Assets
DOV
DOV
SEM
SEM
Q1 26
$13.4B
Q4 25
$13.4B
$5.9B
Q3 25
$13.4B
$5.7B
Q2 25
$13.2B
$5.7B
Q1 25
$12.6B
$5.7B
Q4 24
$12.5B
$5.6B
Q3 24
$11.9B
$8.0B
Q2 24
$11.3B
$7.9B
Debt / Equity
DOV
DOV
SEM
SEM
Q1 26
0.45×
Q4 25
0.45×
1.06×
Q3 25
0.40×
1.03×
Q2 25
0.41×
1.10×
Q1 25
0.42×
1.03×
Q4 24
0.42×
1.01×
Q3 24
0.53×
1.62×
Q2 24
0.55×
2.54×

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
SEM
SEM
Operating Cash FlowLast quarter
$64.3M
Free Cash FlowOCF − Capex
$5.2M
FCF MarginFCF / Revenue
0.4%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
3.19×
TTM Free Cash FlowTrailing 4 quarters
$117.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOV
DOV
SEM
SEM
Q1 26
Q4 25
$543.9M
$64.3M
Q3 25
$424.2M
$175.3M
Q2 25
$212.3M
$110.3M
Q1 25
$157.5M
$-3.5M
Q4 24
$439.0M
$125.4M
Q3 24
$353.2M
$181.0M
Q2 24
$203.7M
$278.2M
Free Cash Flow
DOV
DOV
SEM
SEM
Q1 26
Q4 25
$487.0M
$5.2M
Q3 25
$370.1M
$122.2M
Q2 25
$151.4M
$45.6M
Q1 25
$109.3M
$-55.8M
Q4 24
$385.0M
$62.0M
Q3 24
$325.0M
$130.3M
Q2 24
$162.8M
$222.6M
FCF Margin
DOV
DOV
SEM
SEM
Q1 26
Q4 25
23.2%
0.4%
Q3 25
17.8%
9.0%
Q2 25
7.4%
3.4%
Q1 25
5.9%
-4.1%
Q4 24
25.8%
4.7%
Q3 24
16.4%
10.2%
Q2 24
7.5%
17.4%
Capex Intensity
DOV
DOV
SEM
SEM
Q1 26
Q4 25
2.7%
4.2%
Q3 25
2.6%
3.9%
Q2 25
3.0%
4.8%
Q1 25
2.6%
3.9%
Q4 24
3.6%
4.8%
Q3 24
1.4%
4.0%
Q2 24
1.9%
4.3%
Cash Conversion
DOV
DOV
SEM
SEM
Q1 26
Q4 25
1.93×
3.19×
Q3 25
1.40×
6.09×
Q2 25
0.76×
2.72×
Q1 25
0.68×
-0.06×
Q4 24
0.31×
Q3 24
1.02×
3.25×
Q2 24
0.72×
3.59×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DOV
DOV

Segment breakdown not available.

SEM
SEM

Critical Illness Recovery Hospitals$629.7M45%
Health Care Patient Service Non Medicare$428.6M31%
Rehabilitation Hospitals$339.2M24%

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