Invesaro

Stocks Comparison

DOVER vs Tungray Technologies: revenue, profit, margins and growth compared

DOVER brought in $8.1B of revenue in fiscal 2025, Tungray Technologies $15.6M in fiscal 2025. Revenue changed by +4.5% at DOVER and +22.0% at Tungray Technologies on the year before, so Tungray Technologies grew faster. DOVER kept 13.5% of its revenue as net profit, Tungray Technologies -1.1%. Free cash flow was $1.1B at DOVER and -$3.8M at Tungray Technologies.

Side by side, latest fiscal year

DOVTRSG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$8.1B$15.6M
Revenue growth+4.5%+22.0%
Net income$1.1B-$170.3K
Net margin13.5%-1.1%
Free cash flow$1.1B-$3.8M
Free cash flow margin13.8%-24.6%
Earnings per share (diluted)$7.94n/a
Cash$1.7B$6.6M
Debt$3.3Bn/a
Price to earnings24.2n/a
Market value$25.8B$22.6M
Dividend yield1.08%n/a
Rank by revenue in sector#79 of 518 · Industrials#463 of 518 · Industrials

Over the years

Revenue
DOV FY2018: $7BDOV FY2019: $7.1BDOV FY2020: $6.7BDOV FY2021: $7.9BDOV FY2022: $7.8BDOV FY2023: $7.7BDOV FY2024: $7.7BDOV FY2025: $8.1BTRSG FY2021: $17.5MTRSG FY2023: $16.3MTRSG FY2023: $14.4MTRSG FY2024: $12.8MTRSG FY2025: $15.6MFY18FY19FY20FY21FY22FY23FY24FY25
DOV $8.1BTRSG $15.6M
Net income
DOV FY2018: $570.3MDOV FY2019: $677.9MDOV FY2020: $683.5MDOV FY2021: $1.1BDOV FY2022: $1.1BDOV FY2023: $1.1BDOV FY2024: $2.7BDOV FY2025: $1.1BTRSG FY2021: $4.3MTRSG FY2023: $2.9MTRSG FY2023: $756.8KTRSG FY2024: -$571.7KTRSG FY2025: -$170.3KFY18FY19FY20FY21FY22FY23FY24FY25
DOV $1.1BTRSG -$170.3K
Net margin
DOV FY2018: 8.2%DOV FY2019: 9.5%DOV FY2020: 10.2%DOV FY2021: 14.2%DOV FY2022: 13.6%DOV FY2023: 13.8%DOV FY2024: 34.8%DOV FY2025: 13.5%TRSG FY2021: 24.6%TRSG FY2023: 17.5%TRSG FY2023: 5.3%TRSG FY2024: -4.5%TRSG FY2025: -1.1%FY18FY19FY20FY21FY22FY23FY24FY25
DOV 13.5%TRSG -1.1%
Revenue growth
DOV FY2019: +2.1%DOV FY2020: -6.3%DOV FY2021: +18.3%DOV FY2022: -0.8%DOV FY2023: -2.0%DOV FY2024: +0.8%DOV FY2025: +4.5%TRSG FY2023: -6.5%TRSG FY2023: -12.1%TRSG FY2024: -10.8%TRSG FY2025: +22.0%FY19FY20FY21FY22FY23FY24FY25
DOV +4.5%TRSG +22.0%
Free cash flow
DOV FY2018: $618.2MDOV FY2019: $758.5MDOV FY2020: $939.1MDOV FY2021: $944.4MDOV FY2022: $594.6MDOV FY2023: $1.2BDOV FY2024: $920.3MDOV FY2025: $1.1BTRSG FY2021: $5.8MTRSG FY2023: $3.5MTRSG FY2023: $407.8KTRSG FY2024: -$1.3MTRSG FY2025: -$3.8MFY18FY19FY20FY21FY22FY23FY24FY25
DOV $1.1BTRSG -$3.8M

Fiscal years as each company reports them; the two may end in different months.

Questions about DOVER and Tungray Technologies

Which is bigger by revenue, DOVER or Tungray Technologies?

DOVER is bigger by revenue: $8.1B in fiscal 2025, against $15.6M for Tungray Technologies in fiscal 2025.

Which keeps more of its revenue as profit, DOVER or Tungray Technologies?

DOVER had a net margin of 13.5% in fiscal 2025; Tungray Technologies had -1.1% in fiscal 2025.

Which grew revenue faster, DOVER or Tungray Technologies?

In their latest fiscal years revenue changed by +4.5% at DOVER and +22.0% at Tungray Technologies.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

Compare more companies