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

Seagate Technology is the larger business by last-quarter revenue ($3.1B vs $2.1B, roughly 1.5× Dover Corporation). Seagate Technology runs the higher net margin — 24.0% vs 13.4%, a 10.6% gap on every dollar of revenue. On growth, Seagate Technology posted the faster year-over-year revenue change (44.1% vs 12.5%). Over the past eight quarters, Seagate Technology's revenue compounded faster (19.8% 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...

Seagate Technology Holdings plc is an American data storage company. It was incorporated in 1978 as Shugart Technology and commenced business in 1979. Since 2010, the company has been incorporated in Dublin, Ireland, with operational headquarters in Fremont, California, United States.

DOV vs STX — Head-to-Head

Bigger by revenue
STX
STX
1.5× larger
STX
$3.1B
$2.1B
DOV
Growing faster (revenue YoY)
STX
STX
+31.6% gap
STX
44.1%
12.5%
DOV
Higher net margin
STX
STX
10.6% more per $
STX
24.0%
13.4%
DOV
Faster 2-yr revenue CAGR
STX
STX
Annualised
STX
19.8%
-1.8%
DOV

Income Statement — Q1 FY2026 vs Q1 FY2027

Metric
DOV
DOV
STX
STX
Revenue
$2.1B
$3.1B
Net Profit
$282.1M
$748.0M
Gross Margin
39.1%
46.5%
Operating Margin
16.5%
32.1%
Net Margin
13.4%
24.0%
Revenue YoY
12.5%
44.1%
Net Profit YoY
22.2%
120.0%
EPS (diluted)
$2.06
$3.27

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
STX
STX
Q3 26
$3.1B
Q1 26
$2.1B
$2.8B
Q4 25
$2.1B
$2.6B
Q3 25
$2.1B
Q2 25
$2.0B
$2.4B
Q1 25
$1.9B
$2.2B
Q4 24
$1.5B
$2.3B
Q3 24
$2.0B
$2.2B
Net Profit
DOV
DOV
STX
STX
Q3 26
$748.0M
Q1 26
$282.1M
$593.0M
Q4 25
$282.1M
$549.0M
Q3 25
$302.0M
Q2 25
$279.1M
$488.0M
Q1 25
$230.8M
$340.0M
Q4 24
$1.4B
$336.0M
Q3 24
$347.1M
$305.0M
Gross Margin
DOV
DOV
STX
STX
Q3 26
46.5%
Q1 26
39.1%
41.6%
Q4 25
39.1%
39.4%
Q3 25
40.1%
Q2 25
39.9%
37.4%
Q1 25
40.0%
35.2%
Q4 24
41.4%
34.9%
Q3 24
38.5%
32.9%
Operating Margin
DOV
DOV
STX
STX
Q3 26
32.1%
Q1 26
16.5%
29.8%
Q4 25
16.5%
26.4%
Q3 25
18.2%
Q2 25
17.3%
23.2%
Q1 25
15.9%
20.0%
Q4 24
14.0%
21.0%
Q3 24
16.8%
18.6%
Net Margin
DOV
DOV
STX
STX
Q3 26
24.0%
Q1 26
13.4%
21.0%
Q4 25
13.4%
20.9%
Q3 25
14.5%
Q2 25
13.6%
20.0%
Q1 25
12.4%
15.7%
Q4 24
96.4%
14.5%
Q3 24
17.5%
14.1%
EPS (diluted)
DOV
DOV
STX
STX
Q3 26
$3.27
Q1 26
$2.06
$2.60
Q4 25
$2.06
$2.43
Q3 25
$2.19
Q2 25
$2.02
$2.24
Q1 25
$1.67
$1.57
Q4 24
$10.38
$1.55
Q3 24
$2.51
$1.41

Balance Sheet & Financial Strength

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

Metric
DOV
DOV
STX
STX
Cash + ST InvestmentsLiquidity on hand
$1.1B
Total DebtLower is stronger
$3.3B
$3.9B
Stockholders' EquityBook value
$7.4B
Total Assets
$13.4B
$8.9B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOV
DOV
STX
STX
Q3 26
$1.1B
Q1 26
$1.0B
Q4 25
$1.1B
Q3 25
Q2 25
$891.0M
Q1 25
$814.0M
Q4 24
$1.2B
Q3 24
$1.2B
Total Debt
DOV
DOV
STX
STX
Q3 26
$3.9B
Q1 26
$3.3B
Q4 25
$3.3B
Q3 25
$3.1B
Q2 25
$3.1B
Q1 25
$3.0B
Q4 24
$2.9B
Q3 24
$3.0B
Stockholders' Equity
DOV
DOV
STX
STX
Q3 26
Q1 26
$7.4B
$459.0M
Q4 25
$7.4B
$-63.0M
Q3 25
$7.7B
Q2 25
$7.4B
$-453.0M
Q1 25
$7.1B
$-829.0M
Q4 24
$7.0B
$-1.1B
Q3 24
$5.7B
$-1.3B
Total Assets
DOV
DOV
STX
STX
Q3 26
$8.9B
Q1 26
$13.4B
$8.7B
Q4 25
$13.4B
$8.4B
Q3 25
$13.4B
Q2 25
$13.2B
$8.0B
Q1 25
$12.6B
$7.6B
Q4 24
$12.5B
$8.0B
Q3 24
$11.9B
$8.0B
Debt / Equity
DOV
DOV
STX
STX
Q3 26
Q1 26
0.45×
Q4 25
0.45×
Q3 25
0.40×
Q2 25
0.41×
Q1 25
0.42×
Q4 24
0.42×
Q3 24
0.53×

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
STX
STX
Operating Cash FlowLast quarter
$2.4B
Free Cash FlowOCF − Capex
$953.0M
FCF MarginFCF / Revenue
30.6%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.17×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOV
DOV
STX
STX
Q3 26
$2.4B
Q1 26
Q4 25
$543.9M
$532.0M
Q3 25
$424.2M
Q2 25
$212.3M
$508.0M
Q1 25
$157.5M
$259.0M
Q4 24
$439.0M
$221.0M
Q3 24
$353.2M
$95.0M
Free Cash Flow
DOV
DOV
STX
STX
Q3 26
$953.0M
Q1 26
Q4 25
$487.0M
$427.0M
Q3 25
$370.1M
Q2 25
$151.4M
$425.0M
Q1 25
$109.3M
$216.0M
Q4 24
$385.0M
$150.0M
Q3 24
$325.0M
$27.0M
FCF Margin
DOV
DOV
STX
STX
Q3 26
30.6%
Q1 26
Q4 25
23.2%
16.2%
Q3 25
17.8%
Q2 25
7.4%
17.4%
Q1 25
5.9%
10.0%
Q4 24
25.8%
6.5%
Q3 24
16.4%
1.2%
Capex Intensity
DOV
DOV
STX
STX
Q3 26
Q1 26
Q4 25
2.7%
4.0%
Q3 25
2.6%
Q2 25
3.0%
3.4%
Q1 25
2.6%
2.0%
Q4 24
3.6%
3.1%
Q3 24
1.4%
3.1%
Cash Conversion
DOV
DOV
STX
STX
Q3 26
3.17×
Q1 26
Q4 25
1.93×
0.97×
Q3 25
1.40×
Q2 25
0.76×
1.04×
Q1 25
0.68×
0.76×
Q4 24
0.31×
0.66×
Q3 24
1.02×
0.31×

Financial Flow Comparison

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

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