Is DOVER Corp (DOV) Halal?

NYSE Industrials United States $27.9B
✓ HALAL
Confidence: 95/100
DOVER Corp (DOV) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 12.5% against the AAOIFI threshold of 30%, DOVER Corp comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Specialty Industrial Machinery), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 12.5%
/ 30%
5.9%
/ 30%
4.8%
/ 30%
0.9%
/ 5%
✓ HALAL
DJIM 12.5%
/ 33%
5.9%
/ 33%
4.8%
/ 33%
0.9%
/ 5%
✓ HALAL
MSCI 26.6%
/ 33%
12.5%
/ 33%
10.2%
/ 33%
0.9%
/ 5%
✓ HALAL
S&P 12.5%
/ 33%
5.9%
/ 33%
4.8%
/ 33%
0.9%
/ 5%
✓ HALAL
FTSE 26.6%
/ 33%
12.5%
/ 33%
10.2%
/ 50%
0.9%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
25.9
Forward: 17.9
EPS
$7.97
Dividend Yield
100.0%
Payout: 26.0%
P/B Ratio
3.8
EV/EBITDA
16.3
EV: $29.8B
Revenue
$8.1B
Growth: 8.8%
Beta
1.2
High volatility
Current Ratio
1.8

Profitability

Gross Margin 40.2%
Operating Margin 18.2%
Net Margin 13.5%
Return on Equity (ROE) 15.3%
Return on Assets (ROA) 7.0%

Cash Flow & Balance Sheet

Operating Cash Flow$1.3B
Free Cash Flow$1.1B
Total Debt$3.6B
Debt-to-Equity48.4
Current Ratio1.8
Total Assets$13.4B

Price & Trading

Last Close$209.21
50-Day MA$216.23
200-Day MA$190.50
Avg Volume1.3M
Beta1.2
52-Week Range
$143.04
$237.54

About DOVER Corp (DOV)

CEO
Mr. Richard Joseph Tobin
Employees
24,000
Sector
Industrials
Industry
Specialty Industrial Machinery
Country
United States
Exchange
NYSE
Market Cap
$27.9B
Currency
USD

Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company's Engineered Products segment provides various equipment, component, software, solution, and services that are used in vehicle aftermarket, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market. This segment offers software solutions and services used in light and heavy-duty vehicle lifts, wheel service equipment, vehicle diagnostics, and vehicle collision repair solutions; winches, hoists, bearings, drives, and electric monitoring system; and radio frequency and microwave filters and switches, and signal intelligence solutions, as well as soldering and fluid dispensing solutions. Its Clean Energy & Fueling segment offers component, equipment, and software and service solution enabling safe storage and transport of fuel, cryogenic gases, and hazardous fluids, as well as operation of retail fueling and vehicle wash establishment. The company's Imaging & Identification segment provides precision marking and coding, product traceability equipment, brand protection, and digital textile printing equipment and solution, as well as consumable, software, and service to packaged and consumer goods, pharmaceutical, industrial manufacturing, textile, and other end-market. Its Pumps & Process Solutions segment manufactures specialty pump, connector, flow meter, fluid connecting solution, plastics and polymer processing equipment, and engineered components for rotating and reciprocating machines. The company's Climate & Sustainability Technologies segment manufactures refrigeration system, refrigeration display case, commercial glass refrigerator and freezer door, and brazed plate heat exchanger for industrial heating and cooling, and residential climate control applications. Dover Corporation was incorporated in 1947 and is headquartered in Downers Grove, Illinois.

Purification Calculator

As a halal stock with 0.90% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is DOVER Corp (DOV) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), DOVER Corp is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is DOVER Corp's debt ratio?

DOVER Corp's debt ratio is 12.5% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 26.6%.

Does DOVER Corp require dividend purification?

Yes, DOVER Corp has an impermissible income ratio of 0.90%, which means 0.90% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are DOVER Corp's key financial metrics?

DOVER Corp has a market capitalization of $27.9B, trailing P/E ratio of 25.9, and revenue of $8.1B. The company maintains a gross margin of 40.2% and a net margin of 13.5%. Return on equity stands at 15.3%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.