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Acquisitions - Narrative (Details) $ in Thousands													12 Months Ended
Acquisitions - Narrative (Details) $ in Thousands	Aug. 01, 2025 USD ($)	Jun. 18, 2025 USD ($)	Jun. 11, 2025 USD ($)	Jan. 17, 2025 USD ($)	Dec. 20, 2024 USD ($)	Aug. 09, 2024 USD ($)	Jul. 19, 2024 USD ($)	Jul. 18, 2024 USD ($)	Jan. 31, 2024 USD ($)	Jan. 17, 2024 USD ($)	Dec. 04, 2023 USD ($)	Aug. 28, 2023 USD ($)	Dec. 31, 2025 USD ($) business	Dec. 31, 2024 USD ($) business	Dec. 31, 2023 USD ($) business
Business Combination [Line Items]
Goodwill													$ 5,430,038	$ 4,905,702	$ 4,637,564
Intangible assets													340,958
Consideration, net of cash acquired													663,270	635,269	533,623
Acquisitions													367,130	337,251
Measurement period adjustments													4,489	598
Imaging & Identification
Business Combination [Line Items]
Goodwill													1,119,608	1,072,031	$ 1,092,960
Acquisitions													0	0
Measurement period adjustments													$ 0	$ 0
Series of individually immaterial acquistions
Business Combination [Line Items]
Number of business acquisitions \| business													4	8	2
Net assets acquired													$ 665,270	$ 674,005	$ 535,290
Contingent consideration, liability													2,000	38,736
Goodwill													16,614	149,328
Goodwill - non-deductible													350,516	323,063	2,990
Intangible assets														146,138
Expected goodwill deducible amount														$ 14,188	224,771
Series of individually immaterial acquistions \| Imaging & Identification
Business Combination [Line Items]
Number of business acquisitions \| business														1
Series of individually immaterial acquistions \| Customer intangibles
Business Combination [Line Items]
Intangible assets													242,626	$ 282,915	259,700
Series of individually immaterial acquistions \| Unpatented technologies
Business Combination [Line Items]
Intangible assets													79,802	38,401	12,510
Series of individually immaterial acquistions \| Trademarks
Business Combination [Line Items]
Intangible assets													18,530	$ 18,922	$ 10,960
Sikora AG
Business Combination [Line Items]
Net assets acquired			$ 608,459
Goodwill			$ 340,478
Percentage acquired (in percent)			99.80%
Intangible assets			$ 309,690
Sikora AG \| Customer intangibles
Business Combination [Line Items]
Intangible assets			219,058
Sikora AG \| Unpatented technologies
Business Combination [Line Items]
Intangible assets			72,942
Sikora AG \| Trademarks
Business Combination [Line Items]
Intangible assets			$ 17,690
Cryogenic Machinery Corp
Business Combination [Line Items]
Net assets acquired				$ 28,909
Goodwill				$ 9,250
Percentage acquired (in percent)				100.00%
Cryogenic Machinery Corp \| Customer intangibles
Business Combination [Line Items]
Intangible assets				$ 21,020
ipp Pump Products GmbH
Business Combination [Line Items]
Goodwill		$ 10,038
Percentage acquired (in percent)		100.00%
Consideration, net of cash acquired		$ 16,523
ipp Pump Products GmbH \| Customer intangibles
Business Combination [Line Items]
Intangible assets		$ 5,648
Site IQ LLC
Business Combination [Line Items]
Net assets acquired	$ 11,379
Goodwill	$ 7,364
Percentage acquired (in percent)	100.00%
Site IQ LLC \| Unpatented technologies
Business Combination [Line Items]
Intangible assets	$ 4,600
Marshall Excelsior Company
Business Combination [Line Items]
Goodwill							$ 187,923
Percentage acquired (in percent)							100.00%
Consideration, net of cash acquired							$ 395,809
Measurement period adjustments													$ 4,839
Marshall Excelsior Company \| Customer intangibles
Business Combination [Line Items]
Intangible assets							$ 194,100
Transchem
Business Combination [Line Items]
Goodwill										$ 25,132
Percentage acquired (in percent)										100.00%
Intangible assets										$ 26,309
Consideration, net of cash acquired										$ 48,241
Bulloch Technologies, Inc
Business Combination [Line Items]
Goodwill									$ 73,850
Percentage acquired (in percent)									100.00%
Intangible assets									$ 62,417
Consideration, net of cash acquired									$ 121,917
Demaco Holland D.V.
Business Combination [Line Items]
Goodwill								$ 23,788
Percentage acquired (in percent)								100.00%
Intangible assets								$ 20,159
Consideration, net of cash acquired								$ 42,556
Criteria Labs, Inc
Business Combination [Line Items]
Percentage acquired (in percent)						100.00%
Intangible assets						$ 7,900
Consideration, net of cash acquired						14,737
Acquisitions						$ 7,252
SPS Cryogenics B.V
Business Combination [Line Items]
Percentage acquired (in percent)						100.00%
Intangible assets						$ 5,677
Consideration, net of cash acquired						11,080
Acquisitions						$ 5,118
Carter Day International, Inc.
Business Combination [Line Items]
Goodwill					$ 14,188
Intangible assets					19,780
Consideration, net of cash acquired					$ 33,968
FW Murphy
Business Combination [Line Items]
Goodwill											$ 224,771
Percentage acquired (in percent)											100.00%
Intangible assets											$ 275,500
Consideration, net of cash acquired											526,457
FW Murphy \| Customer intangibles
Business Combination [Line Items]
Intangible assets											254,000
FW Murphy \| Unpatented technologies
Business Combination [Line Items]
Intangible assets											11,100
FW Murphy \| Trademarks
Business Combination [Line Items]
Intangible assets											$ 10,400
Arc Pacific group
Business Combination [Line Items]
Goodwill												$ 2,990
Percentage acquired (in percent)												100.00%
Consideration, net of cash acquired												$ 8,833
Arc Pacific group \| Customer intangibles
Business Combination [Line Items]
Intangible assets												$ 7,670
Series of Individually Immaterial Business Acquisitions, Other Than MCE
Business Combination [Line Items]
Number of business acquisitions \| business													7

Accumulated Other Comprehensive Earnings (Loss) (Tables)

12 Months Ended

Dec. 31, 2025

Equity [Abstract]

Schedule of Components of Accumulated Other Comprehensive Earnings (Loss)

The components of accumulated other comprehensive earnings (loss) are as follows:


	December 31, 2025		December 31, 2024
Cumulative foreign currency translation adjustments	$	(116,008)	$	(265,815)
Pension and other postretirement benefit plans	(59,684)		(64,238)
Changes in fair value of cash flow hedges and other	738		2,277
	$	(174,954)	$	(327,776)

Schedule of Amounts Reclassified from Accumulated Other Comprehensive Earnings (Loss) to Earnings

Amounts reclassified from accumulated other comprehensive earnings (loss) to earnings from continuing operations during the years ended December 31, 2025, 2024 and 2023 were as follows:


	Years Ended December 31,
	2025		2024		2023
Foreign currency translation:
Reclassification of foreign currency translation losses to earnings	$	1,858	$	13,931	$	—
Tax benefit	—		—		—
Net of tax	$	1,858	$	13,931	$	—
Pension and other postretirement benefit plans:
Amortization of actuarial gains	$	(1,541)	$	(1,890)	$	(2,551)
Amortization of prior service (credits) costs	(841)		(760)		1,157
Settlement and curtailment	(729)		113		3,633
Total before tax	(3,111)		(2,537)		2,239
Tax expense (benefit)	682		522		(538)
Net of tax	$	(2,429)	$	(2,015)	$	1,701
Cash flow hedges:
Net losses (gains) reclassified into earnings	$	3,716	$	(1,480)	$	2,437
Tax (benefit) expense	(741)		290		(483)
Net of tax	$	2,975	$	(1,190)	$	1,954

Earnings per Share

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Earnings per Share

20. Earnings per Share

The following table sets forth a reconciliation of the information used in computing basic and diluted earnings per share:


	Years Ended December 31,
	2025		2024		2023
Earnings from continuing operations	$	1,097,429	$	1,399,968	$	943,864
(Loss) earnings from discontinued operations, net	(3,473)		1,297,158		112,964
Net earnings	$	1,093,956	$	2,697,126	$	1,056,828

Basic earnings per common share:
Earnings from continuing operations	$	8.01	$	10.16	$	6.75
(Loss) earnings from discontinued operations, net	$	(0.03)	$	9.42	$	0.81
Net earnings	$	7.99	$	19.58	$	7.56

Weighted average basic shares outstanding	136,935,000		137,735,000		139,848,000
Diluted earnings per common share:
Earnings from continuing operations	$	7.97	$	10.09	$	6.71
(Loss) earnings from discontinued operations, net	$	(0.03)	$	9.35	$	0.80
Net earnings	$	7.94	$	19.45	$	7.52

Weighted average shares outstanding	137,777,000		138,696,000		140,599,000

The following table is a reconciliation of the share amounts used in computing earnings per share:


	Years Ended December 31,
	2025	2024	2023
Weighted average shares outstanding - Basic	136,935,000	137,735,000	139,848,000
Dilutive effect of assumed exercise of SARs and vesting of PSAs and RSUs	842,000	961,000	751,000
Weighted average shares outstanding - Diluted	137,777,000	138,696,000	140,599,000

Diluted earnings per share amounts are computed using the weighted average number of common shares outstanding and, if dilutive, potential common shares outstanding during the period. Potential common shares consist of the incremental common shares issuable upon the exercise of SARs and vesting of PSAs and RSUs, as determined using the treasury stock method. For the years ended December 31, 2025, 2024 and 2023, the weighted average number of anti-dilutive potential common shares excluded from the calculation above totaled 41,000, 48,000 and 48,000, respectively.

Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2025

Retirement Benefits [Abstract]

Schedule of Defined Benefit Plans Disclosures

The following tables summarize the change in benefit obligations, change in plan assets, and funded status associated with the Company's significant defined benefit plans and the amounts recognized in the consolidated balance sheets at December 31, 2025 and 2024:


	Qualified Defined Benefits								Non-Qualified Supplemental Benefits
	U.S. Plan				Non-U.S. Plans
	2025		2024		2025		2024		2025		2024
Change in benefit obligation:
Benefit obligation at beginning of year	$	290,756	$	319,306	$	241,431	$	250,029	$	23,042	$	29,189
Service cost	—		—		6,409		4,853		—		—
Interest cost	15,669		15,810		6,231		6,091		1,078		1,359
Plan participants' contributions	—		—		2,751		2,481		—		—
Benefits paid	(31,970)		(27,725)		(11,344)		(8,477)		(5,523)		(4,188)
Actuarial loss (gain)(1)	9,402		(16,635)		(5,463)		3,288		634		(3,318)
Disposition	—		—		—		(4,226)		—		—
Amendments	—		—		—		(364)		—		—
Settlements and curtailments(2)	—		—		—		(2,118)		(739)		—
Currency translation and other	—		—		28,793		(10,126)		—		—

Benefit obligation at end of year	283,857		290,756		268,808		241,431		18,492		23,042
Change in plan assets:
Fair value of plan assets at beginning of year	371,966		392,519		176,230		175,765		—		—
Actual return on plan assets	34,397		7,172		13,761		6,770		—		—
Company contributions	—		—		10,017		8,594		6,262		4,188
Plan participants' contributions	—		—		2,751		2,481		—		—
Benefits paid	(31,970)		(27,725)		(11,344)		(8,477)		(5,523)		(4,188)

Settlements and curtailments(2)	—		—		—		(2,118)		(739)		—
Currency translation and other	—		—		21,349		(6,785)		—		—

Fair value of plan assets at end of year	374,393		371,966		212,764		176,230		—		—
Funded (unfunded) status	$	90,536	$	81,210	$	(56,044)	$	(65,201)	$	(18,492)	$	(23,042)
Amounts recognized in the consolidated balance sheets consist of:
Assets and Liabilities:
Other assets and deferred charges	$	90,536	$	81,210	$	9,170	$	2,080	$	—	$	—
Accrued compensation and employee benefits	—		—		(1,908)		(1,601)		(4,439)		(6,481)

Defined benefit and other post-retirement benefit plans	—		—		(63,306)		(65,680)		(14,053)		(16,561)

Total assets (liabilities)	90,536		81,210		(56,044)		(65,201)		(18,492)		(23,042)
Accumulated other comprehensive loss (earnings):
Net actuarial losses (gains)	62,656		61,715		33,755		45,986		(20,197)		(24,795)
Prior service cost (credit)	—		—		(984)		(1,825)		—		—

Tax (benefit) expense	(13,157)		(12,945)		(6,748)		(9,293)		4,359		5,395
Total accumulated other comprehensive loss (earnings), net of tax	49,499		48,770		26,023		34,868		(15,838)		(19,400)
Net amount recognized at December 31,	$	140,035	$	129,980	$	(30,021)	$	(30,333)	$	(34,330)	$	(42,442)

Accumulated benefit obligations	$	283,857	$	290,756	$	260,636	$	233,921	$	18,492	$	23,042

(1) The actuarial loss (gain) were primarily due to discount rate fluctuations and plan experience.

(2) The settlement gain recognized for a Non-Qualified Supplemental Benefit Plan was recorded within loss from discontinued operations, net in the consolidated statements of earnings. See Note 4 — Discontinued and Disposed Operations for further details.

Schedule of Projected Benefit Obligations and Accumulated Benefit Obligations in Excess of Plan Assets

Non-U.S. pension plans with accumulated benefit obligations in excess of plan assets consist of the following at December 31, 2025 and 2024:


	2025		2024

Accumulated benefit obligation	$	139,343	$	228,977
Fair value of plan assets	80,641		169,207

Non-U.S. pension plans with projected benefit obligations in excess of plan assets consist of the following at December 31, 2025 and 2024:


	2025		2024
Projected benefit obligation	$	145,855	$	236,488

Fair value of plan assets	80,641		169,207

Schedule of Net Periodic Benefit Costs

Components of the net periodic benefit cost were as follows:

Defined Benefit Plans


	Qualified Defined Benefits												Non-Qualified Supplemental Benefits
	U.S. Plan						Non-U.S. Plans
	2025		2024		2023		2025		2024		2023		2025		2024		2023
Service cost	$	—	$	—	$	2,867	$	6,409	$	4,853	$	3,712	$	—	$	—	$	970
Interest cost	15,669		15,810		17,203		6,231		6,091		10,591		1,078		1,359		1,636
Expected return on plan assets	(25,936)		(27,653)		(26,208)		(8,692)		(7,868)		(7,331)		—		—		—
Amortization of:
Prior service cost (credit)	—		—		—		(841)		(760)		(717)		—		—		1,874
Actuarial loss (gain)	—		—		—		1,693		1,069		656		(3,234)		(2,959)		(3,207)

Settlement and curtailment loss (gain) (1)	—		—		4,434		—		112		(801)		(729)		—		—

Net periodic (benefit) expense	$	(10,267)	$	(11,843)	$	(1,704)	$	4,800	$	3,497	$	6,110	$	(2,885)	$	(1,600)	$	1,273

(1) The settlement gain recognized for a Non-Qualified Supplemental Benefit Plan was recorded within loss from discontinued operations, net in the consolidated statements of earnings. See Note 4 — Discontinued and Disposed Operations for further details.

Schedule of Weighted-Average Assumptions Used in Benefit Obligations

The weighted average assumptions used in determining the benefit obligations were as follows:


	Qualified Defined Benefits								Non-Qualified Supplemental Benefits
	U.S. Plan				Non-U.S. Plans
	2025		2024		2025		2024		2025		2024
Discount rate	5.40	%	5.70	%	2.89	%	2.64	%	5.10	%	5.50	%
Average wage increase	na		na		1.42	%	1.36	%	na		na

Schedule of Weighted-Average Assumptions Used Calculating Net Periodic Cost

The weighted average assumptions used in determining the net periodic benefit cost were as follows:


	Qualified Defined Benefits												Non- Qualified Supplemental Benefits
	U.S. Plan						Non-U.S. Plans
	2025		2024		2023		2025		2024		2023		2025		2024		2023
Discount rate	5.70	%	5.20	%	5.55	%	2.64	%	2.80	%	3.57	%	5.50	%	5.15	%	5.50	%
Average wage increase	na		4.00	%	4.00	%	1.36	%	1.65	%	1.67	%	na		4.50	%	4.50	%
Expected return on plan assets	6.20	%	6.30	%	5.60	%	4.66	%	4.59	%	4.69	%	na		na		na

Schedule of Weighted-Average Asset Allocation Actual and Target

The Company's actual and target weighted average asset allocation for our U.S. Qualified Defined Benefits Plan was as follows:


	2025		2024		Current Target
Return-seeking investments	30	%	30	%	30	%
Liability hedging investments	70	%	70	%	70	%

Total	100	%	100	%	100	%

Schedule of Plan Assets by Asset Category

The fair values of both U.S. and non-U.S. pension plan assets by asset category within the fair value hierarchy (as defined in Note 13 — Financial Instruments) were as follows:


	U.S. Qualified Defined Benefits Plan
	December 31, 2025				December 31, 2024
	Level 1		Level 2		Total Fair Value		Level 1		Level 2		Total Fair Value



Corporate bonds	$	—	$	109,284	$	109,284	$	—	$	196,492	$	196,492
Government securities	—		86,784		86,784		—		52,880		52,880
Interest-bearing cash and short-term investments	3,292		—		3,292		3,189		—		3,189
Total investments at fair value	$	3,292	$	196,068	199,360		$	3,189	$	249,372	252,561
Investments measured at net asset value*
Collective funds					166,388						110,020


Short-term investment funds					8,645						9,385

Total investments					$	374,393					$	371,966


	Non-U.S. Plans
	December 31, 2025								December 31, 2024
	Level 1		Level 2		Level 3		Total Fair Value		Level 1		Level 2		Level 3		Total Fair Value
Common stocks	$	73,330	$	—	$	—	$	73,330	$	56,976	$	—	$	—	$	56,976
Fixed income investments	—		40,023		—		40,023		—		35,936		—		35,936
Mutual funds	13,457		—		—		13,457		12,118		—		—		12,118


Cash and cash equivalents	4,320		—		—		4,320		2,384		—		—		2,384
Other	—		3,399		30,704		34,103		—		3,570		21,658		25,228
Total investments at fair value	$	91,107	$	43,422	$	30,704	165,233		$	71,478	$	39,506	$	21,658	132,642
Investments measured at net asset value*
Collective funds							46,016								39,339
Other							1,515								4,249
Total investments							$	212,764							$	176,230

* In accordance with Fair Value Measurement Topic 820 (Subtopic 820-10), certain investments that are measured at fair value using the net asset value per share (or its equivalent) as a practical expedient were not classified in the fair value hierarchy. These are included to permit reconciliation of the fair value hierarchy to the aggregate pension plan assets.

Schedule of Measurement of Plan Assets use Significant Unobservable Inputs

The fair value measurement of plan assets using significant unobservable inputs (Level 3) changed during 2024 and 2025, due to the following:


	Level 3
Balance at December 31, 2023	$	18,652
Actual return on plan assets:

Relating to assets still held at December 31, 2024	623


Relating to assets sold during the period	7
Purchases	2,154
Sales and settlements	1,090
Foreign currency translation	(868)
Balance at December 31, 2024	21,658
Actual return on plan assets:
Relating to assets still held at December 31, 2025	275
Relating to assets sold during the period	(2)
Purchases	5,263
Sales and settlements	131
Foreign currency translation	3,379
Balance at December 31, 2025	$	30,704

Schedule of Expected Future Benefit Payments

Benefit Payments

Estimated future benefit payments to retirees, which reflect expected future service except to the extent frozen, are as follows:


	Qualified Defined Benefits				Non-Qualified Supplemental Benefits
	U.S. Plan		Non-U.S. Plans
2026	$	30,655	$	14,790	$	4,550
2027	25,389		16,565		1,887
2028	24,268		14,758		3,421
2029	23,553		14,190		1,679
2030	22,804		15,150		2,060
2031 - 2035	103,904		78,657		5,984

Borrowings - Narrative (Details) € in Thousands				12 Months Ended
Borrowings - Narrative (Details) € in Thousands	Nov. 12, 2025 EUR (€)	Apr. 03, 2025 USD ($)	Apr. 06, 2023 USD ($)	Dec. 31, 2025 USD ($)	Dec. 31, 2024 USD ($)
Line of Credit Facility [Line Items]
Interest coverage ratio				48.8
Letters of credit outstanding				$ 230,000,000
Euro Denominated 3.50% Notes Due 2033
Line of Credit Facility [Line Items]
Debt instrument, stated interest rate	3.50%
Proceeds of debt \| €	€ 546,552
3.15% 10-year notes due November 15, 2025
Line of Credit Facility [Line Items]
Term				10 years
Principal				$ 400,000,000
Debt instrument, stated interest rate				3.15%
3.15% 10-year notes due November 15, 2025 \| Designated as Hedging Instrument
Line of Credit Facility [Line Items]
Principal \| €	€ 550,000
Revolving Credit Facility \| Credit Agreement
Line of Credit Facility [Line Items]
Maximum borrowing capacity			$ 1,000,000,000
Term			5 years
Interest coverage ratio required				3
Outstanding borrowings				$ 0	$ 0
Revolving Credit Facility \| Credit Facility Maturing April 2024
Line of Credit Facility [Line Items]
Maximum borrowing capacity		$ 500,000,000
Term		364 days

Credit Losses (Tables)

12 Months Ended

Dec. 31, 2025

Credit Loss [Abstract]

Schedule of Rollforward of Allowance for Credit Losses

The following table provides a roll-forward of the allowance for credit losses that is deducted from the amortized cost basis of accounts receivable to present the net amount expected to be collected.


	2025		2024		2023
Balance at January 1	$	28,794	$	30,679	$	38,504

Provision for expected credit losses, net of recoveries	8,819		5,329		2,644
Amounts written off charged against the allowance	(10,115)		(6,492)		(10,096)
Other, including dispositions and foreign currency translation	7,920		(722)		(373)
Balance at December 31	$	35,418	$	28,794	$	30,679

CONSOLIDATED STATEMENTS OF COMPREHENSIVE EARNINGS (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Statement of Comprehensive Income [Abstract]
Foreign currency translation adjustments, tax benefit (provision)	$ 38,237	$ (14,996)	$ 10,438
Pension and other postretirement benefit plans tax benefit (provision)	(1,297)	1,134	3,569
Cash flow hedges tax benefit (provision)	$ 448	$ (111)	$ (778)

Description of Business and Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2025

Accounting Policies [Abstract]

Description of Business and Summary of Significant Accounting Policies

1. Description of Business and Summary of Significant Accounting Policies

Description of Business

Dover Corporation ("Dover" or "Company") is a diversified global manufacturer and solutions provider delivering innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions and support services. The Company's businesses are based primarily in the United States and Europe with manufacturing and other operations throughout the world. The Company operates through five business segments that are structured around businesses with similar business models, go-to market strategies, product categories and manufacturing practices: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. For additional information on the Company's segments, see Note 19 — Segment Information.

Principles of Consolidation

The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. Intercompany accounts and transactions have been eliminated in consolidation. The results of operations of acquired businesses are included from the dates of acquisitions.

The Environmental Solutions Group ("ESG") business, an operating company within the Engineered Products segment, was sold during the fourth quarter of 2024 and reported as discontinued operations. Therefore, the Company has classified the results of operations prior to the sale as discontinued operations in the consolidated statements of earnings and the consolidated statements of cash flows. The discussion in the notes to these consolidated financial statements, unless otherwise noted, relates solely to our continuing operations. See Note 4 — Discontinued and Disposed Operations for further details.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying disclosures. These estimates may be adjusted due to changes in future economic, industry, or customer financial conditions, as well as changes in technology or demand. Estimates are used for, but not limited to, allowances for doubtful accounts receivable, net realizable value of inventories, restructuring reserves, warranty reserves, pension and post-retirement plans, stock-based compensation, useful lives for depreciation and amortization of long-lived assets including finite-lived intangibles, future cash flows associated with impairment testing for goodwill, indefinite-lived intangible assets and other long-lived assets, deferred tax assets, unrecognized tax benefits, contingencies and purchase price allocations. Actual results may differ from these estimates, although management does not believe such differences would materially affect the consolidated financial statements in any individual year. Estimates and assumptions are periodically reviewed and the effects of changes in these estimates and assumptions are reflected in the consolidated financial statements in the period that they are determined.

Cash and Cash Equivalents

Cash and cash equivalents include cash on hand, demand deposits and short-term investments, which are highly liquid in nature and have original maturities at the time of purchase of three months or less. The carrying value of cash and cash equivalents approximates fair value.

Accounts Receivable and Allowance for Credit Losses

Accounts receivable are recorded at face amounts less an allowance for credit losses. The allowance is an estimate based on historical collection experience, current and future economic and market conditions and a review of the current status of each customer's trade accounts receivable. Management evaluates the aging of the accounts receivable balances and the financial condition of its customers and all other forward-looking information that is reasonably available to estimate the amount of accounts receivable that may not be collected in the future and records the appropriate provision. See Note 8 — Credit Losses for additional information.

Inventories

Inventories are stated at the lower of cost, determined on the first-in, first-out ("FIFO") basis, or net realizable value.

Property, Plant and Equipment

Property, plant and equipment includes the historical cost of land, buildings, machinery and equipment, purchased and internally developed software, finance lease assets and significant improvements to existing plant and equipment or, in the case of acquisitions, the fair value of acquired assets. Expenditures for maintenance, repairs and minor renewals are expensed as incurred. When property or equipment is sold or otherwise disposed of, the related cost and accumulated depreciation are removed from the respective accounts and the gain or loss realized on disposition is reflected in earnings. The Company depreciates its assets on a straight-line basis over their estimated useful lives as follows: buildings and improvements 5 to 31.5 years; machinery and equipment 3 to 15 years; furniture and fixtures 3 to 7 years; vehicles 3 to 7 years; and software 3 to 10 years.

Derivative and Non-Derivative Financial Instruments

The Company uses derivative and non-derivative financial instruments to hedge its exposures to various risks, including foreign currency exchange rate risk. The Company may designate certain instruments as net investment hedges to hedge the net assets of certain foreign subsidiaries which are exposed to volatility in foreign currency exchange rates. The Company does not enter into derivative financial instruments for speculative purposes and does not have a material portfolio of derivative financial instruments. Derivative financial instruments used for hedging purposes must be designated and effective as a hedge of the identified risk exposure at inception of the contract. The Company recognizes all derivatives as either assets or liabilities on the consolidated balance sheet and measures those instruments at fair value. For derivatives designated as hedges of the fair value of assets or liabilities, the changes in fair value of both the derivatives and of the hedged items are recorded in current earnings. For derivatives designated as cash flow hedges, the change in the fair value of the derivatives is recorded as a component of other comprehensive earnings and subsequently recognized in net earnings when the hedged items impact earnings. Changes in the value of derivatives and non-derivatives designated as net investment hedges are calculated each period using the spot method and are reported in foreign currency translation adjustments within accumulated other comprehensive earnings (loss). Such amounts will remain in accumulated other comprehensive earnings (loss) until the complete or substantially complete liquidation of our investment in the underlying foreign operations.

Goodwill and Other Intangible Assets

Goodwill represents the excess of purchase price over the fair value of net assets acquired. Goodwill and certain other intangible assets deemed to have indefinite lives (primarily trademarks) are not amortized. For goodwill, impairment tests are required at least annually, or more frequently if events or circumstances indicate that it may be impaired, when some portion but not all of a reporting unit is disposed of or classified as assets held for sale, or when a change in the composition of reporting units occurs for other reasons, such as a change in segments. Based on its current organizational structure, the Company identified reporting units for which cash flows are determinable and to which goodwill was allocated.

The Company performs its goodwill impairment test annually in the fourth quarter. A quantitative test is used to determine existence of goodwill impairment and the amount of the impairment loss at the reporting unit level. The quantitative test compares the fair value of a reporting unit with its carrying amount, including goodwill. The Company uses an income-based valuation method, determining the present value of estimated future cash flows, to estimate the fair value of a reporting unit. If the fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is not impaired. If the carrying amount of a reporting unit exceeds its fair value, an impairment loss shall be recognized in an amount equal to that excess, limited to the total amount of goodwill allocated to that reporting unit. Factors used in the impairment analysis require significant judgment, and actual results may differ from assumed and estimated amounts. The Company uses its own market assumptions including internal projections of future cash flows, discount rates and other assumptions considered reasonable in the analysis and reflective of market participant assumptions. These forecasts are based on historical performance and future estimated results. The discount rates utilized are based on a capital asset pricing model and published relevant industry rates, which take into consideration the risks and uncertainties inherent to the reporting units and in the internally developed forecasts. See Note 9 — Goodwill and Other Intangible Assets for further discussion of the Company's annual goodwill impairment test and results. No impairment of goodwill was required for the years ended December 31, 2025, 2024, or 2023.

The Company uses an income-based valuation method to annually test its indefinite-lived intangible assets for impairment. The fair value of the intangible asset is compared to its carrying value. This method uses the Company's own market assumptions, which are considered reasonable. Any excess of carrying value over the estimated fair value is recognized as an impairment loss. No impairment of indefinite-lived intangible assets was required for the years ended December 31, 2025, 2024, or 2023.

Other intangible assets with determinable lives primarily consist of customer intangibles, unpatented technologies, patents and trademarks. The other intangible assets are amortized over their estimated useful lives, ranging from 5 to 20 years.

Long-lived assets (including definite-lived intangible assets) are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable, such as a significant sustained change in the business climate. If an indicator of impairment exists for any grouping of assets, an estimate of undiscounted future cash flows is prepared and compared to its carrying value. If an asset group is determined to be impaired, the loss is measured by the excess of the carrying amount of the asset group over its fair value, as determined by an estimate of discounted future cash flows.

Leases

The Company determines if an arrangement is a lease at inception of a contract. The Company has operating and finance leases for corporate offices, manufacturing plants, research and development facilities, shared services facilities, vehicle fleets and certain office and manufacturing equipment. Operating lease right-of-use ("ROU") assets are included in other assets and deferred charges and operating lease liabilities are included in other accrued expenses and other liabilities in the consolidated balance sheet. Finance lease ROU assets are included in property, plant and equipment, and the related lease liabilities are included in other accrued expenses and other liabilities in the consolidated balance sheet. Leases with an initial term of 12 months or less are not recorded in the balance sheet.

The Company accounts for each separate lease component of a contract and its associated non-lease components as a single lease component, thus causing all fixed payments to be capitalized. Variable lease payment amounts that cannot be determined at the commencement of the lease, such as increases in lease payments based on changes in index rates or usage, are not included in the ROU assets or lease liabilities. These are expensed as incurred and recorded as variable lease expense.

ROU assets represent the Company's right to use an underlying asset during the lease term and lease liabilities represent the Company's obligation to make lease payments arising from the lease. ROU assets and lease liabilities are recognized at the commencement date based on the net present value of fixed lease payments over the lease term. The lease term includes options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. ROU assets also include any advance lease payments made and exclude lease incentives. As most of the Company's operating leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. Finance lease agreements include an interest rate that is used to determine the present value of future lease payments. Fixed operating lease expense and finance lease depreciation expense are recognized on a straight-line basis over the lease term.

Supply Chain Financing

The Company facilitates the opportunity for suppliers to participate in a voluntary supply chain financing ("SCF") program with a third-party financial institution. Participating suppliers are paid directly by the SCF financial institution and, in addition, may elect to sell receivables due from the Company to the SCF financial institution for early payment. Thus, participating suppliers have additional potential flexibility in managing their liquidity by accelerating, at their option and cost, the collection of receivables due from the Company.

The Company and its suppliers agree on commercial terms, including payment terms, for the goods and services the Company procures, regardless of whether the supplier participates in SCF. For participating suppliers, the Company’s responsibility is limited to making all payments to the SCF financial institution on the terms originally negotiated with the supplier, irrespective of whether the supplier elects to sell receivables to the SCF financial institution. The Company does not determine the terms or conditions of the arrangement between the SCF financial institution and the Company's suppliers. The SCF financial institution pays the supplier on the invoice due date for any invoices that were not previously sold by the

supplier. The agreement between the Company and the SCF financial institution does not require the Company to provide assets pledged as security or other forms of guarantees.

Outstanding payments related to the SCF program are recorded within accounts payable in our consolidated balance sheets. Amounts due to the SCF financial institutions as of December 31, 2025 and 2024, and the rollforward of our outstanding obligations under the SCF program for the year ended December 31, 2025 are as follows:


	Total
Balance at December 31, 2023	$	156,245
Disposition of business	(2,785)
Invoices confirmed during the period	579,481
Confirmed invoices paid during the period	(575,968)
Balance at December 31, 2024	156,973
Invoices confirmed during the period	535,867
Confirmed invoices paid during the period	(574,956)
Balance at December 31, 2025	$	117,884

Restructuring Accruals

The Company takes actions to reduce headcount, close facilities, or otherwise exit operations as considered necessary. Such restructuring activities at an operation are recorded when management has committed to an exit or reorganization plan and when termination benefits are probable and can be reasonably estimated based on circumstances at the time the restructuring plan is approved by management or when termination benefits are communicated. Exit costs may include contractual terminations and asset impairments as a result of an approved restructuring plan. The accrual of both severance and exit costs requires the use of estimates. Though the Company believes that its estimates accurately reflect the anticipated costs, actual results may be different from the original estimated amounts.

Foreign Currency

Assets and liabilities of non-U.S. subsidiaries, where the functional currency is not the U.S. dollar, have been translated at year-end exchange rates and profit and loss accounts have been translated using weighted-average monthly exchange rates. Foreign currency translation gains and losses are included in the consolidated statements of comprehensive earnings as a component of other comprehensive earnings (loss). Assets and liabilities of an entity that are denominated in currencies other than an entity's functional currency are re-measured into the functional currency using end of period exchange rates, where applicable. Gains and losses related to these re-measurements are recorded within the consolidated statements of earnings as a component of other income, net. Gains and losses arising from intercompany foreign currency transactions that are of a long-term investment in nature are reported in the same manner as translation adjustments.

Revenue Recognition

The majority of the Company's revenue is generated through the manufacture and sale of a broad range of specialized products and components, with revenue recognized upon transfer of control, title and risk of loss, which is generally upon shipment. Service revenue represents approximately 5% of total revenue and is recognized as the services are performed. In limited cases, revenue arrangements with customers require delivery, installation, testing, certification, or other acceptance provisions to be satisfied before revenue is recognized. The Company includes shipping costs billed to customers in revenue and the related shipping costs in cost of goods and services.

Stock-Based Compensation

The principal awards issued under the Company's stock-based compensation plans include non-qualified stock appreciation rights ("SARs"), restricted stock units ("RSUs") and performance share awards ("PSAs"). The cost for such awards is measured at the grant date based on the fair value of the award. At the time of grant, the Company estimates forfeitures, based on historical experience, in order to estimate the portion of the award that will ultimately vest. The value of the portion of the award that is expected to ultimately vest is recognized as expense on a straight-line basis, generally over the explicit

service period of three years (except for retirement-eligible employees) and is included in selling, general and administrative expenses in the consolidated statements of earnings. Expense for awards granted to retirement-eligible employees is recorded over the period from the date of grant through the date the employee first becomes eligible to retire and is no longer required to provide service. See Note 15 — Equity and Cash Incentive Program for additional information related to the Company's stock-based compensation.

Income Taxes

The provision for income taxes includes federal, state, local and non-U.S. taxes. Tax credits, primarily for research and experimentation, are recognized as a reduction of the provision for income taxes in the year in which they are available for tax purposes. Deferred taxes are provided using enacted rates on the future tax consequences of temporary differences. Temporary differences include the differences between the financial statement carrying amounts of assets and liabilities and their respective tax basis and the tax benefit of carryforwards. A valuation allowance is established for deferred tax assets for which it is more likely than not that some portion or all of the deferred tax benefit will not be realized. In assessing the need for a valuation allowance, management considers all available evidence, including the future reversal of existing taxable temporary differences, taxable income in carryback periods, prudent and feasible tax planning strategies and estimated future taxable income. The valuation allowance can be affected by changes to tax regulations, interpretations and rulings, changes to enacted statutory tax rates and changes to future taxable income estimates.

Tax benefits are recognized from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position in consideration of applicable tax statutes and related interpretations and precedents. Tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized on ultimate settlement.

Research and Development Costs

Research and development costs, including qualifying engineering costs, are expensed when incurred and amounted to $165,342 in 2025, $149,601 in 2024 and $139,058 in 2023. These costs as a percent of revenue were 2.0% in 2025, 1.9% in 2024 and 1.8% in 2023. Research and development costs are reported within selling, general and administrative expenses in the consolidated statements of earnings.

Advertising Costs

Advertising costs are expensed when incurred and amounted to $23,827 in 2025, $23,166 in 2024 and $22,112 in 2023. Advertising costs are reported within selling, general and administrative expenses in the consolidated statements of earnings.

Risk, Retention, Insurance

The Company's insurance programs contain various deductibles that, based on the Company's experience, are typical and customary for a company of its size and risk profile. The Company does not consider any of the deductibles to represent a material risk to the Company. The Company generally maintains insurance policies with deductibles for claims and liabilities related primarily to workers' compensation, health and welfare claims, general liability, product and automobile liability, cybersecurity risks, property damage and business interruption resulting from certain events. The Company accrues for claim exposures that are probable of occurrence and can be reasonably estimated.

Recent Accounting Pronouncements

Recently Issued Accounting Standards

The following accounting standards updates ("ASU"), issued by the Financial Accounting Standards Board ("FASB"), will, or are expected to, result in a change in practice and/or have a financial impact to the Company's consolidated financial statements:

In November 2024, the FASB issued ASU No. 2024-03, Income Statement—Reporting Comprehensive Income (Subtopic 220-40): Expense Disaggregation Disclosures, which expands disclosures of specific expense categories at interim and annual reporting periods. The amendments are effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. Early adoption is permitted. The Company is currently evaluating this ASU to determine its impact on the Company’s disclosures.

In July 2025, the FASB issued ASU No. 2025-05, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets, which provides entities the option of a practical expedient in the estimation of credit losses. The amendments are effective for fiscal years beginning after December 15, 2025, and interim periods within those annual reporting periods. Early adoption is permitted. The Company is currently evaluating this ASU to determine its impact on the Company’s consolidated financial statements. The Company expects to adopt this standard as required beginning first quarter of 2026.

In September 2025, the FASB issued ASU No. 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software which changes the requirements for when entities may begin capitalizing costs for internal-use software. The amendments are effective for fiscal years beginning after December 15, 2027, and interim reporting periods within those annual reporting periods. Early adoption is permitted as of the beginning of an annual reporting period. The Company is currently evaluating this ASU to determine its impact on the Company’s consolidated financial statements.

Recently Adopted Accounting Standards

In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which expands the disclosures required in an entity’s income tax rate reconciliation table and requires disclosure of income taxes paid both in U.S. and foreign jurisdictions. The amendments are effective for fiscal years beginning after December 15, 2024. The Company adopted the guidance during the fourth quarter of 2025. See Note 14 — Income Taxes for further details.

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Earnings Before Provision For Income Taxes And Discontinued Operations

Income taxes have been based on the following components of earnings before provision for income taxes and discontinued operations in the consolidated statements of earnings:


	Years Ended December 31,
	2025		2024		2023
Domestic	$	844,403	$	1,127,389	$	608,423
Foreign	529,849		629,627		514,577
Total	$	1,374,252	$	1,757,016	$	1,123,000

Schedule of Components of Income Tax Expense (Benefit)

Income tax expense (benefit) related to continuing operations for the years ended December 31, 2025, 2024 and 2023 is comprised of the following:


	Years Ended December 31,
	2025		2024		2023
Current:
U.S. federal	$	131,881	$	233,348	$	114,195
State and local	18,529		47,199		13,930
Foreign	155,029		168,151		143,216
Total current	305,439		448,698		271,341
Deferred:
U.S. federal	(8,707)		(35,304)		(28,471)
State and local	1,472		(12,362)		4,047
Foreign	(21,381)		(43,984)		(67,781)
Total deferred	(28,616)		(91,650)		(92,205)
Provision for income taxes	$	276,823	$	357,048	$	179,136

Schedule of Effective Income Tax Rate Reconciliation

The following table is a reconciliation of the U.S. federal statutory rate of 21% to the Company’s effective rate for the year ended December 31, 2025 in accordance with the guidance in ASU No. 2023-09:


	Year Ended December 31,
	2025
	Amount		Percent
U.S. federal income tax rate	$	288,578	21.0	%
State and local taxes, net of federal income tax benefit(a)	15,611		1.1
Foreign tax effects
Switzerland:
Statutory tax rate differential	(15,059)		(1.1)
Other	10,135		0.7
Other jurisdictions	25,229		1.8
Enactment of new tax laws	4,414		0.3
Effect of cross-border tax laws
Foreign-derived intangible income	(15,814)		(1.2)
Other	1,467		0.1
Tax credits	(7,308)		(0.5)
Change in valuation allowance	—		—
Non-taxable or non-deductible items	(26)		—
Changes in unrecognized tax benefits	4,473		0.3
Other adjustments
Capital loss	(34,853)		(2.5)
Other	(24)		—
Total tax provision and effective tax rate	$	276,823	20.1	%

(a) State taxes in California, Illinois, Michigan, Minnesota, New Hampshire, and Pennsylvania comprised greater than 50% of the tax effect in this category.

The following table is a reconciliation of the U.S. federal statutory rate of 21% to the Company’s effective rate for the years ended December 31, 2024 and 2023 in accordance with the guidance prior to the adoption of ASU No. 2023-09:


	Years Ended December 31,
	2024		2023
U.S. federal income tax rate	21.0	%	21.0	%
State and local taxes, net of federal income tax benefit	1.0		1.5
Foreign operations tax effect	0.6		0.5



Foreign-derived intangible income	(1.0)		(1.5)
Share awards	(0.3)		(0.4)
Withholding tax	0.1		2.7
Change in valuation allowance	(0.4)		(6.2)

Dispositions	0.6		—
Tax credits	(0.4)		(0.6)
Audit resolutions	(0.2)		(0.7)
Other	(0.7)		(0.3)
Effective tax rate	20.3	%	16.0	%

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to deferred tax assets and liabilities are as follows:


	December 31, 2025		December 31, 2024
Deferred Tax Assets:
Accrued compensation, postretirement and other employee benefits	$	38,722	$	45,145
Accrued expenses	18,689		17,218
Net operating loss and other carryforwards	386,863		311,043
Inventories	31,632		31,583
Allowance for credit losses	7,938		8,428
Accrued insurance	1,569		2,340

Long-term liabilities, warranty and environmental costs	6,585		6,818
Lease obligations	54,357		51,837
Capitalized research and development	39,167		68,240
Other assets	17,821		—
Total gross deferred tax assets	603,343		542,652
Valuation allowance	(209,948)		(198,082)
Total deferred tax assets, net of valuation allowances	$	393,395	$	344,570
Deferred Tax Liabilities:
Intangible assets	$	(523,317)	$	(440,946)
Property, plant and equipment	(73,924)		(69,920)
Lease right-of-use assets	(50,356)		(48,088)

Other liabilities	(10,057)		(21,250)
Total deferred tax liabilities	(657,654)		(580,204)
Net deferred tax liability	$	(264,259)	$	(235,634)

Classified as follows in the Consolidated Balance Sheets:

Other assets and deferred charges	$	130,109	$	116,372

Deferred income taxes	(394,368)		(352,006)
	$	(264,259)	$	(235,634)

Schedule of Valuation Allowance

The following table is a reconciliation of the beginning and ending balances of the Company's valuation allowance on deferred tax assets:


	Total
Balance at January 1, 2023	$	271,203
Additions	31,388
Reductions	(92,660)
Balance at December 31, 2023	209,931
Additions	27,192
Reductions	(39,041)
Balance at December 31, 2024	198,082
Additions	25,027
Reductions	(13,161)
Balance at December 31, 2025	$	209,948

Schedule of Unrecognized Tax Benefits Roll Forward

The following table is a reconciliation of the beginning and ending balances of the Company's unrecognized tax benefits:


	Total
Unrecognized tax benefits at January 1, 2023	$	28,186
Additions based on tax positions related to the current year	1,235
Additions for tax positions of prior years	2,223
Reductions for tax positions of prior years	(3,361)
Cash settlements	(1,791)
Lapse of statutes	(3,983)
Unrecognized tax benefits at December 31, 2023	22,509
Additions based on tax positions related to the current year	33,688
Additions for tax positions of prior years	507
Reductions for tax positions of prior years	(337)
Cash settlements	(2,307)
Lapse of statutes	(4,314)
Unrecognized tax benefits at December 31, 2024	49,746
Additions based on tax positions related to the current year	3,783
Additions for tax positions of prior years	2,533
Reductions for tax positions of prior years	(1,122)
Cash settlements	(856)
Lapse of statutes	(3,344)
Unrecognized tax benefits at December 31, 2025	$	50,740

Schedule of Cash Flow, Supplemental Disclosures

Disclosed below is a summary of income taxes paid by jurisdiction pursuant to the disclosure requirements of ASU No. 2023-09 for the year ended December 31, 2025:


	Year Ended December 31, 2025
United States – federal	$	131,106
United States - state and local	38,292
China	23,322
Other	114,348
Total	$	307,068

Financial Instruments - Narrative (Details) € in Thousands, $ in Thousands	Dec. 31, 2025 USD ($)	Dec. 31, 2025 EUR (€)	Dec. 16, 2025 EUR (€)	Nov. 12, 2025 EUR (€)	Dec. 31, 2024 USD ($)
Derivatives, Fair Value [Line Items]
Total long-term debt	$ 3,327,972				$ 2,928,757
Estimate of Fair Value Measurement
Derivatives, Fair Value [Line Items]
Fair value of long-term debt	2,652,750				2,492,535
Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Notional amount	153,765				142,835
Designated as Hedging Instrument \| Forward Contracts
Derivatives, Fair Value [Line Items]
Notional amount \| €			€ 550,000
Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Notional amount	74,403				75,784
1.25% 10-year notes due November 9, 2026 (euro-denominated)
Derivatives, Fair Value [Line Items]
Total long-term debt	706,677				622,313
1.25% 10-year notes due November 9, 2026 (euro-denominated) \| Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Principal \| €		€ 600,000
0.750% 8-year notes due November 4, 2027 (euro-denominated)
Derivatives, Fair Value [Line Items]
Total long-term debt	588,082				517,863
0.750% 8-year notes due November 4, 2027 (euro-denominated) \| Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Principal \| €		€ 500,000
3.15% 10-year notes due November 15, 2025
Derivatives, Fair Value [Line Items]
Principal	400,000
Total long-term debt	$ 0				$ 399,411
3.15% 10-year notes due November 15, 2025 \| Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Principal \| €				€ 550,000

Equity and Cash Incentive Program - Schedule of Assumptions Used in Determining the Fair Value (Details) - $ / shares	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Stock Appreciation Rights (SARs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	4.35%	4.13%	3.91%
Dividend yield	1.02%	1.28%	1.32%
Expected life (years)	5 years 6 months	5 years 6 months	5 years 4 months 24 days
Volatility	30.50%	31.32%	30.65%
Grant price (in dollars per share)	$ 202.33	$ 160.11	$ 153.25
Fair value per share at date of grant (in dollars per share)	$ 66.39	$ 51.17	$ 47.27
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	4.21%	4.37%	4.28%
Dividend yield	1.02%	1.15%	1.32%
Expected life (years)	2 years 10 months 24 days	2 years 9 months 18 days	2 years 10 months 24 days
Volatility	23.10%	23.30%	27.30%
Grant price (in dollars per share)	$ 202.33	$ 177.19	$ 153.25
Fair value per share at date of grant (in dollars per share)	260.36
Fair value per share at date of grant (in dollars per share)	$ 318.38	$ 287.62	$ 249.48

CONSOLIDATED STATEMENTS OF COMPREHENSIVE EARNINGS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Statement of Comprehensive Income [Abstract]
Net earnings	$ 1,093,956	$ 2,697,126	$ 1,056,828
Foreign currency translation adjustments:
Foreign currency translation gains (loss)	147,949	(98,415)	38,893
Reclassification of foreign currency translation losses to earnings	1,858	13,931	0
Total foreign currency translation adjustments (net of $38,237, $(14,996) and $10,438 tax benefit (provision), respectively)	149,807	(84,484)	38,893
Pension and other post-retirement benefit plans:
Actuarial gains (loss)	6,983	(4,111)	(14,820)
Prior service credits (costs)	0	318	(53)
Amortization of actuarial gains included in net periodic pension cost	(1,176)	(1,478)	(1,982)
Amortization of prior service (credits) costs included in net periodic pension cost	(688)	(620)	852
Settlement and curtailment impact	(565)	83	2,831
Total pension and other post-retirement benefit plans (net of $(1,297), $1,134 and $3,569 tax (provision) benefit, respectively)	4,554	(5,808)	(13,172)
Changes in fair value of cash flow hedges:
Unrealized net (losses) gains arising during period	(4,514)	1,572	682
Net losses (gains) reclassified into earnings	2,975	(1,190)	1,954
Total cash flow hedges (net of $448, $(111) and $(778) tax benefit (provision), respectively)	(1,539)	382	2,636
Other comprehensive earnings (loss), net of tax	152,822	(89,910)	28,357
Comprehensive earnings	$ 1,246,778	$ 2,607,216	$ 1,085,185

Borrowings

12 Months Ended

Dec. 31, 2025

Debt Disclosure [Abstract]

Borrowings

12. Borrowings

Borrowings consist of the following:


	December 31, 2025		December 31, 2024
Short-term
Current portion of long-term debt	$	706,677	$	399,411

Other	—		645

Short-term borrowings and current portion of long-term debt	$	706,677	$	400,056


			Carrying amount (1)
	Principal		December 31, 2025		December 31, 2024
Long-term
3.15% 10-year notes due November 15, 2025	$	400,000	$	—	$	399,411
1.25% 10-year notes due November 9, 2026 (euro-denominated)	€	600,000	706,677		622,313
0.750% 8-year notes due November 4, 2027 (euro-denominated)	€	500,000	588,082		517,863
6.65% 30-year debentures due June 1, 2028	$	200,000	199,757		199,657
2.950% 10-year notes due November 4, 2029	$	300,000	298,544		298,166
3.50% 8-year notes due November 12, 2033 (euro-denominated)	€	550,000	642,927		—
5.375% 30-year debentures due October 15, 2035	$	300,000	297,557		297,308
6.60% 30-year notes due March 15, 2038	$	250,000	248,618		248,505
5.375% 30-year notes due March 1, 2041	$	350,000	345,810		345,534

Total long-term debt			$	3,327,972	$	2,928,757
Less current portion of long-term debt			(706,677)		(399,411)
Net long-term debt			$	2,621,295	$	2,529,346

(1) Carrying amount is net of unamortized debt discount and deferred debt issuance costs. Total unamortized debt discounts were $8.6 million and $8.5 million as of December 31, 2025 and December 31, 2024, respectively. Total deferred debt issuance costs were $9.7 million and $6.8 million as of December 31, 2025 and December 31, 2024, respectively.

The discounts are being amortized to interest expense using the effective interest method over the life of the issuances. The deferred issuance costs are amortized on a straight-line basis over the life of the debt, as this approximates the effective interest method.

On November 12, 2025, the Company issued €550,000 of 3.50% euro-denominated notes due 2033 ("2033 Notes"). The proceeds of €546,552 from the issuance of the 2033 Notes, net of discounts and issuance costs, were used for general corporate purposes.

On November 15, 2025, the outstanding 3.150% notes with a principal value of $400,000 matured. The repayment of the notes at maturity was funded by the Company's existing cash balances.

On April 6, 2023, the Company entered into a $1.0 billion five-year unsecured revolving credit facility and on April 3, 2025, the Company entered into a new $500.0 million 364-day unsecured revolving credit facility (together, the "Credit Agreements") with a syndicate of banks. The current 364-day credit facility replaced the previous $500.0 million 364-day credit facility, which expired on April 3, 2025. The lenders' commitments under the Credit Agreements will terminate and any outstanding loans under the Credit Agreements will mature on April 6, 2028 and April 2, 2026, respectively. The Company may elect to extend the maturity date of any loans under the new 364-day credit facility until April 2, 2027, subject to conditions specified therein. The Credit Agreements are designated as a liquidity back-stop for the Company's commercial paper program and also are available for general corporate purposes. At the Company's election, loans under the Credit Agreements will bear interest at a base rate plus an applicable margin. The Credit Agreements require the Company to pay facility fees and impose various restrictions on the Company such as, among other things, a requirement to maintain a minimum interest coverage ratio of consolidated EBITDA to consolidated net interest expense of not less than 3.0 to 1. As of December 31, 2025 and December 31, 2024, there were no outstanding borrowings under the five-year, previous or current 364-day credit facilities.

The Company was in compliance with all covenants in the Credit Agreements and other long-term debt covenants at December 31, 2025 and had an interest coverage ratio of consolidated EBITDA to consolidated net interest expense of 48.8 to 1.

As of December 31, 2025, the future maturities of long-term debt were as follows:


	Future Maturities
2026	$	707,714
2027	589,762
2028	200,000
2029	300,000
2030	—
2031 and thereafter	1,548,738
Total	$	3,346,214

Letters of Credit and other Guarantees

As of December 31, 2025, the Company had approximately $230.0 million outstanding in letters of credit, surety bonds, and performance and other guarantees which primarily expire on various dates through 2035. These letters of credit and bonds are primarily issued as security for insurance, warranty and other performance obligations. In general, we would only be liable for the amount of these guarantees in the event of default in the performance of our obligations, the probability of which is believed to be remote.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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+ Details

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock $1 Par Value	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Earnings (Loss)	Treasury Stock
Beginning balance at Dec. 31, 2022	$ 4,286,366	$ 259,644	$ 867,560	$ 10,223,070	$ (266,223)	$ (6,797,685)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	1,056,828			1,056,828
Dividends paid	(284,297)			(284,297)
Common stock issued for the exercise of share-based awards	(12,137)	198	(12,335)
Stock-based compensation expense	31,465		31,465
Other comprehensive earnings (loss), net of tax	28,357				28,357
Other	23			23
Ending balance at Dec. 31, 2023	5,106,605	259,842	886,690	10,995,624	(237,866)	(6,797,685)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	2,697,126			2,697,126
Dividends paid	(283,117)			(283,117)
Common stock issued for the exercise of share-based awards	(13,076)	189	(13,265)
Stock-based compensation expense	41,032		41,032
Common stock acquired, including accelerated share repurchase program and excise tax	(504,664)		(21,771)			(482,893)
Other comprehensive earnings (loss), net of tax	(89,910)				(89,910)
Ending balance at Dec. 31, 2024	6,953,996	260,031	892,686	13,409,633	(327,776)	(7,280,578)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	1,093,956			1,093,956
Dividends paid	(283,007)			(283,007)
Common stock issued for the exercise of share-based awards	(10,740)	164	(10,904)
Stock-based compensation expense	43,981		43,981
Common stock acquired, including accelerated share repurchase program and excise tax	(545,802)		(75,000)			(470,802)
Other comprehensive earnings (loss), net of tax	152,822				152,822
Ending balance at Dec. 31, 2025	$ 7,405,206	$ 260,195	$ 850,763	$ 14,220,582	$ (174,954)	$ (7,751,380)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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+ Details

- Definition

Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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+ Details

Employee Benefit Plans - Schedule of Net Periodic Benefit Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Net periodic benefit cost [Abstract]
Net periodic (benefit) expense	$ (7,623)	$ (9,946)	$ 5,679
Non-Qualified Supplemental Benefits \| Non-Qualified Supplemental Benefits
Net periodic benefit cost [Abstract]
Service cost	0	0	970
Interest cost	1,078	1,359	1,636
Expected return on plan assets	0	0	0
Prior service cost (credit)	0	0	1,874
Actuarial loss (gain)	(3,234)	(2,959)	(3,207)
Settlement and curtailment loss (gain)	(729)	0	0
Net periodic (benefit) expense	(2,885)	(1,600)	1,273
United States \| Qualified Defined Benefits \| Qualified Defined Benefits
Net periodic benefit cost [Abstract]
Service cost	0	0	2,867
Interest cost	15,669	15,810	17,203
Expected return on plan assets	(25,936)	(27,653)	(26,208)
Prior service cost (credit)	0	0	0
Actuarial loss (gain)	0	0	0
Settlement and curtailment loss (gain)	0	0	4,434
Net periodic (benefit) expense	(10,267)	(11,843)	(1,704)
Foreign Plan \| Qualified Defined Benefits \| Qualified Defined Benefits
Net periodic benefit cost [Abstract]
Service cost	6,409	4,853	3,712
Interest cost	6,231	6,091	10,591
Expected return on plan assets	(8,692)	(7,868)	(7,331)
Prior service cost (credit)	(841)	(760)	(717)
Actuarial loss (gain)	1,693	1,069	656
Settlement and curtailment loss (gain)	0	112	(801)
Net periodic (benefit) expense	$ 4,800	$ 3,497	$ 6,110

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 1,676,808	$ 1,844,877
Receivables, net	1,371,352	1,354,225
Inventories, net	1,272,784	1,144,838
Prepaid and other current assets	185,996	140,557
Total current assets	4,506,940	4,484,497
Property, plant and equipment, net	1,119,623	987,924
Goodwill	5,430,038	4,905,702
Intangible assets, net	1,759,616	1,580,854
Other assets and deferred charges	606,206	550,183
Total assets	13,422,423	12,509,160
Current liabilities:
Short-term borrowings and current portion of long-term debt	706,677	400,056
Accounts payable	875,678	848,006
Accrued compensation and employee benefits	280,737	292,371
Deferred revenue	155,025	198,629
Accrued insurance	87,596	87,952
Other accrued expenses	352,053	335,326
Federal and other income taxes	60,723	34,187
Total current liabilities	2,518,489	2,196,527
Long-term debt	2,621,295	2,529,346
Deferred income taxes	394,368	352,006
Non-current income tax payable	0	6,158
Other liabilities	483,065	471,127
Stockholders' equity:
Preferred stock - $100 par value; 100,000 shares authorized; none issued	0	0
Common stock - $1 par value; 500,000,000 shares authorized; 260,194,888 and 260,031,000 shares issued at December 31, 2025 and 2024	260,195	260,031
Additional paid-in capital	850,763	892,686
Retained earnings	14,220,582	13,409,633
Accumulated other comprehensive loss	(174,954)	(327,776)
Treasury stock, at cost: 125,348,563 and 122,814,553 shares at December 31, 2025 and 2024	(7,751,380)	(7,280,578)
Total stockholders' equity	7,405,206	6,953,996
Total liabilities and stockholders' equity	$ 13,422,423	$ 12,509,160

Inventories, net (Tables)

12 Months Ended

Dec. 31, 2025

Inventory, Net [Abstract]

Schedule of Components of Inventory


	December 31, 2025		December 31, 2024
Raw materials	$	765,453	$	649,993
Work in progress	235,523		233,544
Finished goods	422,229		390,625
Subtotal	1,423,205		1,274,162
Less reserves	(150,421)		(129,324)
Total	$	1,272,784	$	1,144,838

Inventories, net (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Inventory, Net [Abstract]
Raw materials	$ 765,453	$ 649,993
Work in progress	235,523	233,544
Finished goods	422,229	390,625
Subtotal	1,423,205	1,274,162
Less reserves	(150,421)	(129,324)
Total	$ 1,272,784	$ 1,144,838

Segment Information

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

Segment Information

19. Segment Information

The Company categorizes its operating companies into five reportable segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies. The Company's businesses are structured around similar business models, go-to market strategies, manufacturing practices and product categories which increases management efficiency and better aligns Dover's operations with its strategic initiatives and capital allocation priorities, and provides greater transparency about performance. Operating segments are defined as the components of an enterprise for which separate financial information is available, that engage in business activities from which they may recognize revenues and incur expenses, and that are regularly evaluated by the entity's chief operating decision maker or decision-making group, which is composed of Dover's Group Executive Committee ("GEC"), in making resource allocation decisions and evaluating performance.

The five reportable segments are as follows:

•Engineered Products segment provides a wide range of equipment, components, software, solutions and services to the vehicle aftermarket, aerospace and defense, industrial winch and hoist, precision soldering and fluid dispensing end-markets.

•Clean Energy & Fueling segment provides components, equipment, software solutions and services enabling safe and reliable storage, transport, dispensing, and remote monitoring of traditional and clean fuels (including liquefied natural gas, hydrogen, and electric vehicle charging), cryogenic gases, and other hazardous substances along the supply chain, and safe and efficient operation of convenience retail, retail fueling and vehicle wash establishments.

•Imaging & Identification segment supplies precision marking and coding, product traceability, brand protection and digital textile printing equipment, as well as related consumables, software and services to the global packaged and consumer goods, pharmaceutical, industrial manufacturing, textile and other end-markets.

•Pumps & Process Solutions segment manufactures specialty pumps and flow meters, fluid transfer connectors, highly engineered precision components, instruments and digital controls for rotating and reciprocating machines, polymer processing equipment, measurement, inspection, and control technologies, serving single-use biopharmaceutical production, diversified industrial manufacturing applications, chemical production, plastics and polymer processing, midstream and downstream oil and gas, clean energy markets, thermal management, wire and cable, food and beverage, semiconductor production and medical applications and other end-markets.

•Climate & Sustainability Technologies segment is a provider of innovative and energy-efficient equipment, components, solutions, services and parts for the commercial refrigeration, heating and cooling and beverage can-making equipment end-markets.

Management uses segment earnings to evaluate segment performance and allocate resources. Segment earnings is defined as earnings before purchase accounting expenses, restructuring and other costs (benefits), disposition costs, (gain) loss on dispositions, corporate expenses/other, interest expense, interest income and provision for income taxes.

Segment financial information and a reconciliation of segment results to consolidated results follows:


	Years Ended December 31,
	2025		2024		2023
Revenue:
Engineered Products	$	1,085,844	$	1,202,457	$	1,250,925
Clean Energy & Fueling	2,130,507		1,936,784		1,788,277
Imaging & Identification	1,173,443		1,137,165		1,116,732
Pumps & Process Solutions	2,148,670		1,894,566		1,755,691
Climate & Sustainability Technologies	1,559,841		1,579,649		1,778,582
Total segment revenues	8,098,305		7,750,621		7,690,207
Intersegment eliminations	(5,734)		(4,712)		(5,731)
Total consolidated revenue	$	8,092,571	$	7,745,909	$	7,684,476
Adjusted cost of goods and services:(1)
Engineered Products	$	712,427	$	806,133	$	834,095
Clean Energy & Fueling	1,358,577		1,232,836		1,155,988
Imaging & Identification	540,988		520,748		531,194
Pumps & Process Solutions	1,097,401		1,016,622		955,472
Climate & Sustainability Technologies	1,083,352		1,130,736		1,281,593
Total adjusted segment cost of goods and services	$	4,792,745	$	4,707,075	$	4,758,342
Adjusted selling, general and administrative expenses:(2)
Engineered Products	$	156,151	$	165,087	$	192,779
Clean Energy & Fueling	353,860		343,955		303,685
Imaging & Identification	317,720		314,710		313,026
Pumps & Process Solutions	399,669		341,338		315,814
Climate & Sustainability Technologies	210,842		198,038		191,609
Total adjusted segment selling, general and administrative expenses	$	1,438,242	$	1,363,128	$	1,316,913
Earnings from continuing operations:
Segment earnings:
Engineered Products	$	217,266	$	231,237	$	224,051
Clean Energy & Fueling	418,070		359,993		328,604
Imaging & Identification	314,735		301,707		272,512
Pumps & Process Solutions	651,600		536,606		484,405
Climate & Sustainability Technologies	265,647		250,875		305,380
Total segment earnings	1,867,318		1,680,418		1,614,952
Purchase accounting expenses (3)	218,445		186,241		158,582
Restructuring and other costs (4)	77,986		84,983		62,927
Disposition costs (5)	—		—		1,302
Gain on dispositions (6)	(4,644)		(597,798)		—
Corporate expense / other (7)	164,539		155,963		151,333
Interest expense	109,772		131,171		131,304
Interest income	(73,032)		(37,158)		(13,496)

Earnings before provision for income taxes	1,374,252		1,757,016		1,123,000
Provision for income taxes	276,823		357,048		179,136
Earnings from continuing operations	$	1,097,429	$	1,399,968	$	943,864

(1) Adjusted cost of goods and services exclude expenses related to purchase accounting and restructuring and other costs.

(2) Adjusted selling, general and administrative expenses exclude expenses related to purchase accounting, restructuring and other costs, disposition costs, and (gain) loss on dispositions and include other income, net.

(3) Purchase accounting expenses are primarily comprised of amortization of intangible assets.

(4) Restructuring and other costs relate to actions taken for headcount reductions, facility consolidations and site closures, product line exits, and other asset charges. Restructuring and other costs consist of the following:


	Years Ended December 31,
	2025		2024		2023
Restructuring	$	56,743	$	69,810	$	49,901
Other costs, net	21,243		15,173		13,026
Restructuring and other costs	$	77,986	$	84,983	$	62,927

(5) Disposition costs related to the sale of De-Sta-Co in our Engineered Products segment.

(6) Gain on dispositions includes post-closing adjustments, see Note 4 — Discontinued and Disposed Operations.

(7) Certain expenses are maintained at the corporate level and not allocated to the segments. These expenses include executive and functional compensation costs, non-service pension costs, non-operating insurance expenses, shared business services and digital and IT overhead costs, deal related expenses and various administrative expenses relating to the corporate headquarters.

Segment margin and a reconciliation of segment depreciation and amortization to consolidated results follows:


	Years Ended December 31,
	2025			2024			2023
Segment margins:
Engineered Products	20.0		%	19.2		%	17.9		%
Clean Energy & Fueling	19.6		%	18.6		%	18.4		%
Imaging & Identification	26.8		%	26.5		%	24.4		%
Pumps & Process Solutions	30.3		%	28.3		%	27.6		%
Climate & Sustainability Technologies	17.0		%	15.9		%	17.2		%
Total segments	23.1		%	21.7		%	21.0		%

Depreciation and amortization:
Other depreciation and amortization:(8)
Engineered Products	$	21,495		$	19,259		$	22,012
Clean Energy & Fueling	34,806			31,976			30,117
Imaging & Identification	17,568			14,648			15,293
Pumps & Process Solutions	54,226			50,050			46,344
Climate & Sustainability Technologies	30,344			29,139			27,557
Total other depreciation and amortization	158,439			145,072			141,323
Corporate depreciation and amortization	7,234			7,030			6,046
Depreciation and amortization included in purchase accounting expenses and restructuring and other	213,904			185,740			157,677
Consolidated depreciation and amortization total	$	379,577		$	337,842		$	305,046

(8) Other depreciation and amortization relates to property, plant, and equipment and intangibles, and excludes amounts related to purchase accounting expenses and restructuring and other costs.

Selected financial information by segment (continued):


	Years Ended December 31,
Capital expenditures:	2025		2024		2023
Engineered Products	$	25,609	$	21,353	$	17,457
Clean Energy & Fueling	40,160		37,340		25,421
Imaging & Identification	40,842		13,173		11,598
Pumps & Process Solutions	57,218		55,397		60,860
Climate & Sustainability Technologies	49,501		35,445		61,790
Corporate	6,933		4,825		6,280
Total capital expenditures	$	220,263	$	167,533	$	183,406


Total assets:	2025		2024
Engineered Products	$	1,091,594	$	1,063,292
Clean Energy & Fueling	3,607,567		3,601,573
Imaging & Identification	1,827,454		1,749,028
Pumps & Process Solutions (9)	3,479,147		2,613,405
Climate & Sustainability Technologies	1,426,174		1,293,132
Corporate (10)	1,990,487		2,188,730


Total assets	$	13,422,423	$	12,509,160

(9) Increase primarily driven by 2025 acquisitions. See Note 3 — Acquisitions for additional information.

(10) Corporate assets are comprised primarily of cash and cash equivalents.


	Revenue						Long-Lived Assets (11)
	Years Ended December 31,						At December 31,
	2025		2024		2023		2025		2024
United States	$	4,400,499	$	4,201,427	$	3,970,828	$	646,934	$	599,090
Europe	1,768,813		1,676,209		1,756,999		381,436		302,129
Asia	900,210		832,764		923,890		56,427		57,113
Other Americas	707,520		729,709		671,162		31,733		26,431
Other	315,529		305,800		361,597		3,093		3,161
Consolidated total	$	8,092,571	$	7,745,909	$	7,684,476	$	1,119,623	$	987,924

(11) Long-lived assets are comprised of net property, plant and equipment.

For the years ended December 31, 2025, 2024 and 2023, the U.S. was the largest geographical market for revenue for the Engineered Products, Clean Energy & Fueling, Pumps & Process Solutions, and Climate & Sustainability Technologies segments, and Europe was the largest market for the Imaging & Identification segment.

Revenue is attributed to regions based on the location of the Company's customer, which in some instances is an intermediary and not necessarily the end user. The Company's businesses serve thousands of customers, none of which individually accounted for more than 10% of consolidated revenue.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (b)
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+ Details

Accumulated Other Comprehensive Earnings (Loss) - Schedule of Components of Accumulated Other Comprehensive Earnings (Loss) (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Accumulated other comprehensive earnings (loss)	$ 7,405,206	$ 6,953,996	$ 5,106,605	$ 4,286,366
Cumulative foreign currency translation adjustments
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Accumulated other comprehensive earnings (loss)	(116,008)	(265,815)
Pension and other postretirement benefit plans
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Accumulated other comprehensive earnings (loss)	(59,684)	(64,238)
Changes in fair value of cash flow hedges and other
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Accumulated other comprehensive earnings (loss)	738	2,277
Accumulated Other Comprehensive Earnings (Loss)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Accumulated other comprehensive earnings (loss)	$ (174,954)	$ (327,776)	$ (237,866)	$ (266,223)

- Definition

Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest.

+ References

+ Details

Equity and Cash Incentive Program - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
	May 03, 2012	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	May 07, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant (in shares)					13,188,197
Plan expiration period	10 years
Total stock based compensation expense, before tax			$ 673	$ 699
Service requisite period		3 years
Award term		10 years
Stock Appreciation Rights (SARs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)		283,837	355,685	359,715
Granted (in dollars per share)		$ 66.39	$ 51.17	$ 47.27
Unrecognized compensation expense		$ 7,276
Unrecognized compensation expense period of recognition		1 year 8 months 12 days
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Service requisite period		3 years
Granted (in shares)		34,458	43,602	43,656
Granted (in dollars per share)		$ 260.36
Unrecognized compensation expense		$ 11,889
Unrecognized compensation expense period of recognition		1 year 8 months 12 days
Performance Condition
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in dollars per share)		$ 202.33	$ 177.19
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)		66,762	94,307	91,439
Granted (in dollars per share)		$ 202.33	$ 160.11	$ 153.25
Unrecognized compensation expense		$ 9,674
Unrecognized compensation expense period of recognition		1 year 4 months 24 days
Vesting period		3 years
2021 Plan - Rollover from 2012 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant (in shares)					4,888,197
2021 Plan - New Issuance
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant (in shares)					8,300,000

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
Cybersecurity Risk Management and Strategy Disclosure	Dec. 31, 2025
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	We continue to face significant and persistent cybersecurity risks and our business has both an increasing reliance on systems and an increasing digital footprint as a result of changing technologies, connected devices and digital offerings, as well as expanded remote work policies. We regularly assess our threat landscape and monitor our systems and other technical security controls, maintain information security policies and procedures, including a breach response plan, take steps to ensure maintenance of backup and protective systems, and have a team of security personnel managing our efforts and initiatives. We regularly review our policies, practices, and plans with assistance from third party experts and advisors for certification purposes, including with respect to SOC 2 certifications and Payment Card Industry Data Security Standard (PCI-DSS) certifications where relevant, and leverage third party resources to support our cyber risk defense, monitoring and response processes. We conduct security assessments and periodic re-assessments on key third party partners and other service providers with access to information assets of Dover. We review independent audit reports from key third party partners and other service providers with access to information assets at least annually. In addition, our online employees are required to participate in cyber, information security, and privacy training at least annually. From an operational perspective, we use vulnerability scanning tools to assess potential data security risks. We correlate the results and prioritize any key actions based on threat modeling analysis and monitor any such actions in-progress with the system owners based on assigned timelines for remediation. However, patch and vulnerability management, including for products and information assets, remains a complex and key risk that has in the past led to and may in the future lead to exploits, security breaches and service disruption. We also integrate security measures into our digital products and services, although product security risks will continue to evolve and grow more complex. Our product security efforts are informed in part by key tenants of various industry security standards such as ISA 62443, UL 2000-1, and certain standards from the National Institute of Standards & Technology ("NIST"). As part of our efforts, we conduct risk assessments and prioritize security validation for certain of our products. For example, we conduct security testing and remediation on a risk-based prioritized basis prior to releasing certain products into the market, as well as periodically post-release to discover potential issues in code, firmware, and protocols and to consider potential security patches or future version updates. We have received SOC 2 certifications for some of our products and software offerings and continue to strive to meet similar requirements for other digital offerings. Our enterprise risk management program, led by a team of senior executives, includes the performance of an annual risk assessment made at the corporate center and operating company levels, and is designed to identify enterprise level risks we may face, including cybersecurity risk at a high level. Each quarter, this team reassesses the identified enterprise risks, the severity of these risks, and the status of efforts to mitigate them. We also engage consultants and other third parties for periodic risk and vulnerability testing and assessment. We also maintain insurance coverage that is intended to address certain aspects of cybersecurity risks. Notwithstanding any of these measures, our systems, networks, products and services remain potentially vulnerable to known or unknown cybersecurity attacks and other threats, any of which could have a material adverse effect on our consolidated results of operations, financial condition and cash flows. We have experienced, and will continue to experience, cyber incidents in the normal course of our business. As of the date of this report, we have not identified any specific risks from cybersecurity threats, including those from any previous cybersecurity incidents, that have materially affected us, our business strategy, results of operation or financial condition. However, there can be no assurances that a cybersecurity threat or incident that could have a material impact on us will not occur in the future. For additional information on the risks we face from cyber security threats, please see the risk factor titled, "Our operations, businesses, products and business strategy are subject to cybersecurity risks" in Item 1A. "Risk Factors."
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	We continue to face significant and persistent cybersecurity risks and our business has both an increasing reliance on systems and an increasing digital footprint as a result of changing technologies, connected devices and digital offerings, as well as expanded remote work policies. We regularly assess our threat landscape and monitor our systems and other technical security controls, maintain information security policies and procedures, including a breach response plan, take steps to ensure maintenance of backup and protective systems, and have a team of security personnel managing our efforts and initiatives. We regularly review our policies, practices, and plans with assistance from third party experts and advisors for certification purposes, including with respect to SOC 2 certifications and Payment Card Industry Data Security Standard (PCI-DSS) certifications where relevant, and leverage third party resources to support our cyber risk defense, monitoring and response processes. We conduct security assessments and periodic re-assessments on key third party partners and other service providers with access to information assets of Dover. We review independent audit reports from key third party partners and other service providers with access to information assets at least annually. In addition, our online employees are required to participate in cyber, information security, and privacy training at least annually. From an operational perspective, we use vulnerability scanning tools to assess potential data security risks. We correlate the results and prioritize any key actions based on threat modeling analysis and monitor any such actions in-progress with the system owners based on assigned timelines for remediation. However, patch and vulnerability management, including for products and information assets, remains a complex and key risk that has in the past led to and may in the future lead to exploits, security breaches and service disruption. We also integrate security measures into our digital products and services, although product security risks will continue to evolve and grow more complex. Our product security efforts are informed in part by key tenants of various industry security standards such as ISA 62443, UL 2000-1, and certain standards from the National Institute of Standards & Technology ("NIST"). As part of our efforts, we conduct risk assessments and prioritize security validation for certain of our products. For example, we conduct security testing and remediation on a risk-based prioritized basis prior to releasing certain products into the market, as well as periodically post-release to discover potential issues in code, firmware, and protocols and to consider potential security patches or future version updates. We have received SOC 2 certifications for some of our products and software offerings and continue to strive to meet similar requirements for other digital offerings. Our enterprise risk management program, led by a team of senior executives, includes the performance of an annual risk assessment made at the corporate center and operating company levels, and is designed to identify enterprise level risks we may face, including cybersecurity risk at a high level. Each quarter, this team reassesses the identified enterprise risks, the severity of these risks, and the status of efforts to mitigate them.
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Board of Directors Oversight [Text Block]	Our Board has established a risk management process to identify and manage material risks at the enterprise level, including the potential impact of key cybersecurity threats. The full Board meets with the Senior Vice President & Chief Digital Officer (CDO) and our Chief Information Security Officer (CISO) on at least an annual basis to discuss our cybersecurity posture. The Board also periodically receives targeted briefings related to cybersecurity and reviews our incident response capabilities.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	Our CDO and CISO work to protect the Company’s information systems from cybersecurity threats and to promptly assist in coordinating a response to any cybersecurity incidents in accordance with the Company’s cybersecurity incident response and recovery plans and processes as described above. The CDO is responsible for corporate-wide data security, and the CISO is responsible for developing, implementing and enforcing security policies at the corporate level and providing guidance for the operating companies to manage our overall cybersecurity risks. The CDO and CISO are informed about and monitor the prevention, mitigation, detection, and remediation of cybersecurity incidents through their management of the cybersecurity incident response and recovery plans and processes, as described above. The CDO and CISO also periodically meet with certain corporate officers, such as the Company’s Chief Financial Officer and General Counsel to review and discuss cybersecurity issues.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]	Our CDO and CISO work to protect the Company’s information systems from cybersecurity threats and to promptly assist in coordinating a response to any cybersecurity incidents in accordance with the Company’s cybersecurity incident response and recovery plans and processes as described above. The CDO is responsible for corporate-wide data security, and the CISO is responsible for developing, implementing and enforcing security policies at the corporate level and providing guidance for the operating companies to manage our overall cybersecurity risks. The CDO and CISO are informed about and monitor the prevention, mitigation, detection, and remediation of cybersecurity incidents through their management of the cybersecurity incident response and recovery plans and processes, as described above. The CDO and CISO also periodically meet with certain corporate officers, such as the Company’s Chief Financial Officer and General Counsel to review and discuss cybersecurity issues. The CDO has over 30 years of information technology experience, including at several Fortune 500 companies and including experience with cybersecurity initiatives that address governance, operational practices, cyber-awareness and technology. The CISO has over 25 years of cybersecurity and risk management experience, specializing in strategy, architecture, and operational practices at multiple Fortune 500 companies. The CDO holds an undergraduate degree in electrical and electronics engineering, a master’s degree in computer science and a master’s degree in business administration. The CISO holds an undergraduate degree in political science and a master's degree in information security, along with Certified Information Systems Security Professional (CISSP) and Information Systems Security Management Professional (ISSMP) certifications.
Cybersecurity Risk Role of Management [Text Block]	Our Board has established a risk management process to identify and manage material risks at the enterprise level, including the potential impact of key cybersecurity threats. The full Board meets with the Senior Vice President & Chief Digital Officer (CDO) and our Chief Information Security Officer (CISO) on at least an annual basis to discuss our cybersecurity posture. The Board also periodically receives targeted briefings related to cybersecurity and reviews our incident response capabilities. Our CDO and CISO work to protect the Company’s information systems from cybersecurity threats and to promptly assist in coordinating a response to any cybersecurity incidents in accordance with the Company’s cybersecurity incident response and recovery plans and processes as described above. The CDO is responsible for corporate-wide data security, and the CISO is responsible for developing, implementing and enforcing security policies at the corporate level and providing guidance for the operating companies to manage our overall cybersecurity risks. The CDO and CISO are informed about and monitor the prevention, mitigation, detection, and remediation of cybersecurity incidents through their management of the cybersecurity incident response and recovery plans and processes, as described above. The CDO and CISO also periodically meet with certain corporate officers, such as the Company’s Chief Financial Officer and General Counsel to review and discuss cybersecurity issues. The CDO has over 30 years of information technology experience, including at several Fortune 500 companies and including experience with cybersecurity initiatives that address governance, operational practices, cyber-awareness and technology. The CISO has over 25 years of cybersecurity and risk management experience, specializing in strategy, architecture, and operational practices at multiple Fortune 500 companies. The CDO holds an undergraduate degree in electrical and electronics engineering, a master’s degree in computer science and a master’s degree in business administration. The CISO holds an undergraduate degree in political science and a master's degree in information security, along with Certified Information Systems Security Professional (CISSP) and Information Systems Security Management Professional (ISSMP) certifications. The CDO and CISO annually brief our full Board of Directors on enterprise-wide cybersecurity risk management and our overall cybersecurity risk environment.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	Our CDO and CISO work to protect the Company’s information systems from cybersecurity threats and to promptly assist in coordinating a response to any cybersecurity incidents in accordance with the Company’s cybersecurity incident response and recovery plans and processes as described above. The CDO is responsible for corporate-wide data security, and the CISO is responsible for developing, implementing and enforcing security policies at the corporate level and providing guidance for the operating companies to manage our overall cybersecurity risks. The CDO and CISO are informed about and monitor the prevention, mitigation, detection, and remediation of cybersecurity incidents through their management of the cybersecurity incident response and recovery plans and processes, as described above. The CDO and CISO also periodically meet with certain corporate officers, such as the Company’s Chief Financial Officer and General Counsel to review and discuss cybersecurity issues.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	The CDO has over 30 years of information technology experience, including at several Fortune 500 companies and including experience with cybersecurity initiatives that address governance, operational practices, cyber-awareness and technology. The CISO has over 25 years of cybersecurity and risk management experience, specializing in strategy, architecture, and operational practices at multiple Fortune 500 companies. The CDO holds an undergraduate degree in electrical and electronics engineering, a master’s degree in computer science and a master’s degree in business administration. The CISO holds an undergraduate degree in political science and a master's degree in information security, along with Certified Information Systems Security Professional (CISSP) and Information Systems Security Management Professional (ISSMP) certifications.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	Our CDO and CISO work to protect the Company’s information systems from cybersecurity threats and to promptly assist in coordinating a response to any cybersecurity incidents in accordance with the Company’s cybersecurity incident response and recovery plans and processes as described above. The CDO is responsible for corporate-wide data security, and the CISO is responsible for developing, implementing and enforcing security policies at the corporate level and providing guidance for the operating companies to manage our overall cybersecurity risks. The CDO and CISO are informed about and monitor the prevention, mitigation, detection, and remediation of cybersecurity incidents through their management of the cybersecurity incident response and recovery plans and processes, as described above. The CDO and CISO also periodically meet with certain corporate officers, such as the Company’s Chief Financial Officer and General Counsel to review and discuss cybersecurity issues. The CDO has over 30 years of information technology experience, including at several Fortune 500 companies and including experience with cybersecurity initiatives that address governance, operational practices, cyber-awareness and technology. The CISO has over 25 years of cybersecurity and risk management experience, specializing in strategy, architecture, and operational practices at multiple Fortune 500 companies. The CDO holds an undergraduate degree in electrical and electronics engineering, a master’s degree in computer science and a master’s degree in business administration. The CISO holds an undergraduate degree in political science and a master's degree in information security, along with Certified Information Systems Security Professional (CISSP) and Information Systems Security Management Professional (ISSMP) certifications. The CDO and CISO annually brief our full Board of Directors on enterprise-wide cybersecurity risk management and our overall cybersecurity risk environment.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

Financial Instruments - Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - Level 2 - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Assets:
Foreign currency cash flow hedges	$ 647	$ 2,258
Liabilities:
Foreign currency cash flow hedges	$ 654	$ 888

Cover - USD ($)	12 Months Ended
Cover - USD ($)	Dec. 31, 2025	Feb. 02, 2026	Jun. 30, 2025
Document Information [Line Items]
Document Type	10-K
Document Period End Date	Dec. 31, 2025
Current Fiscal Year End Date	--12-31
Entity File Number	1-4018
Entity Registrant Name	Dover Corporation
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	53-0257888
Entity Address, Address Line One	3005 Highland Parkway
Entity Address, City or Town	Downers Grove,
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60515
City Area Code	(630)
Local Phone Number	541-1540
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 25,034,983,332
Entity Common Stock, Shares Outstanding		134,866,626
Documents Incorporated by Reference	Certain Portions of the Proxy Statement for Annual Meeting of Shareholders to be held on May 8, 2026 (the "2026 Proxy Statement").
Entity Central Index Key	0000029905
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	FY
Document Annual Report	true
Document Transition Report	false
Amendment Flag	false
Common Stock, par value $1
Document Information [Line Items]
Title of 12(b) Security	Common Stock, par value $1
Trading Symbol	DOV
Security Exchange Name	NYSE
1.250% Notes due 2026
Document Information [Line Items]
Title of 12(b) Security	1.250% Notes due 2026
Trading Symbol	DOV 26
Security Exchange Name	NYSE
0.750% Notes due 2027
Document Information [Line Items]
Title of 12(b) Security	0.750% Notes due 2027
Trading Symbol	DOV 27
Security Exchange Name	NYSE
3.500% Notes due 2033
Document Information [Line Items]
Title of 12(b) Security	3.500% Notes due 2033
Trading Symbol	DOV 33
Security Exchange Name	NYSE

Leases - Schedule of Aggregate Future Lease Payments For Operating And Finance Leases (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Operating
2026	$ 61,264
2027	51,905
2028	41,714
2029	31,026
2030	23,745
Thereafter	79,795
Total lease payments	289,449
Less interest	(42,618)
Total operating lease liabilities	246,831	$ 224,551
Finance
2026	5,554
2027	3,229
2028	1,558
2029	527
2030	145
Thereafter	14
Total lease payments	11,027
Less interest	(1,378)
Present value of lease liabilities	$ 9,649	$ 9,146

Segment Information (Tables)

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Financial Information and a Reconciliation of Segment

Segment financial information and a reconciliation of segment results to consolidated results follows:


	Years Ended December 31,
	2025		2024		2023
Revenue:
Engineered Products	$	1,085,844	$	1,202,457	$	1,250,925
Clean Energy & Fueling	2,130,507		1,936,784		1,788,277
Imaging & Identification	1,173,443		1,137,165		1,116,732
Pumps & Process Solutions	2,148,670		1,894,566		1,755,691
Climate & Sustainability Technologies	1,559,841		1,579,649		1,778,582
Total segment revenues	8,098,305		7,750,621		7,690,207
Intersegment eliminations	(5,734)		(4,712)		(5,731)
Total consolidated revenue	$	8,092,571	$	7,745,909	$	7,684,476
Adjusted cost of goods and services:(1)
Engineered Products	$	712,427	$	806,133	$	834,095
Clean Energy & Fueling	1,358,577		1,232,836		1,155,988
Imaging & Identification	540,988		520,748		531,194
Pumps & Process Solutions	1,097,401		1,016,622		955,472
Climate & Sustainability Technologies	1,083,352		1,130,736		1,281,593
Total adjusted segment cost of goods and services	$	4,792,745	$	4,707,075	$	4,758,342
Adjusted selling, general and administrative expenses:(2)
Engineered Products	$	156,151	$	165,087	$	192,779
Clean Energy & Fueling	353,860		343,955		303,685
Imaging & Identification	317,720		314,710		313,026
Pumps & Process Solutions	399,669		341,338		315,814
Climate & Sustainability Technologies	210,842		198,038		191,609
Total adjusted segment selling, general and administrative expenses	$	1,438,242	$	1,363,128	$	1,316,913
Earnings from continuing operations:
Segment earnings:
Engineered Products	$	217,266	$	231,237	$	224,051
Clean Energy & Fueling	418,070		359,993		328,604
Imaging & Identification	314,735		301,707		272,512
Pumps & Process Solutions	651,600		536,606		484,405
Climate & Sustainability Technologies	265,647		250,875		305,380
Total segment earnings	1,867,318		1,680,418		1,614,952
Purchase accounting expenses (3)	218,445		186,241		158,582
Restructuring and other costs (4)	77,986		84,983		62,927
Disposition costs (5)	—		—		1,302
Gain on dispositions (6)	(4,644)		(597,798)		—
Corporate expense / other (7)	164,539		155,963		151,333
Interest expense	109,772		131,171		131,304
Interest income	(73,032)		(37,158)		(13,496)

Earnings before provision for income taxes	1,374,252		1,757,016		1,123,000
Provision for income taxes	276,823		357,048		179,136
Earnings from continuing operations	$	1,097,429	$	1,399,968	$	943,864

(1) Adjusted cost of goods and services exclude expenses related to purchase accounting and restructuring and other costs.

(3) Purchase accounting expenses are primarily comprised of amortization of intangible assets.


	Years Ended December 31,
	2025		2024		2023
Restructuring	$	56,743	$	69,810	$	49,901
Other costs, net	21,243		15,173		13,026
Restructuring and other costs	$	77,986	$	84,983	$	62,927

(5) Disposition costs related to the sale of De-Sta-Co in our Engineered Products segment.

(6) Gain on dispositions includes post-closing adjustments, see Note 4 — Discontinued and Disposed Operations.

Segment margin and a reconciliation of segment depreciation and amortization to consolidated results follows:


	Years Ended December 31,
	2025			2024			2023
Segment margins:
Engineered Products	20.0		%	19.2		%	17.9		%
Clean Energy & Fueling	19.6		%	18.6		%	18.4		%
Imaging & Identification	26.8		%	26.5		%	24.4		%
Pumps & Process Solutions	30.3		%	28.3		%	27.6		%
Climate & Sustainability Technologies	17.0		%	15.9		%	17.2		%
Total segments	23.1		%	21.7		%	21.0		%

Depreciation and amortization:
Other depreciation and amortization:(8)
Engineered Products	$	21,495		$	19,259		$	22,012
Clean Energy & Fueling	34,806			31,976			30,117
Imaging & Identification	17,568			14,648			15,293
Pumps & Process Solutions	54,226			50,050			46,344
Climate & Sustainability Technologies	30,344			29,139			27,557
Total other depreciation and amortization	158,439			145,072			141,323
Corporate depreciation and amortization	7,234			7,030			6,046
Depreciation and amortization included in purchase accounting expenses and restructuring and other	213,904			185,740			157,677
Consolidated depreciation and amortization total	$	379,577		$	337,842		$	305,046

(8) Other depreciation and amortization relates to property, plant, and equipment and intangibles, and excludes amounts related to purchase accounting expenses and restructuring and other costs.

Schedule of Selected Financial Information By Segment

Selected financial information by segment (continued):


	Years Ended December 31,
Capital expenditures:	2025		2024		2023
Engineered Products	$	25,609	$	21,353	$	17,457
Clean Energy & Fueling	40,160		37,340		25,421
Imaging & Identification	40,842		13,173		11,598
Pumps & Process Solutions	57,218		55,397		60,860
Climate & Sustainability Technologies	49,501		35,445		61,790
Corporate	6,933		4,825		6,280
Total capital expenditures	$	220,263	$	167,533	$	183,406


Total assets:	2025		2024
Engineered Products	$	1,091,594	$	1,063,292
Clean Energy & Fueling	3,607,567		3,601,573
Imaging & Identification	1,827,454		1,749,028
Pumps & Process Solutions (9)	3,479,147		2,613,405
Climate & Sustainability Technologies	1,426,174		1,293,132
Corporate (10)	1,990,487		2,188,730


Total assets	$	13,422,423	$	12,509,160

(9) Increase primarily driven by 2025 acquisitions. See Note 3 — Acquisitions for additional information.

(10) Corporate assets are comprised primarily of cash and cash equivalents.

Schedule of Revenue Disaggregated by Geography based on the Location


	Revenue						Long-Lived Assets (11)
	Years Ended December 31,						At December 31,
	2025		2024		2023		2025		2024
United States	$	4,400,499	$	4,201,427	$	3,970,828	$	646,934	$	599,090
Europe	1,768,813		1,676,209		1,756,999		381,436		302,129
Asia	900,210		832,764		923,890		56,427		57,113
Other Americas	707,520		729,709		671,162		31,733		26,431
Other	315,529		305,800		361,597		3,093		3,161
Consolidated total	$	8,092,571	$	7,745,909	$	7,684,476	$	1,119,623	$	987,924

(11) Long-lived assets are comprised of net property, plant and equipment.

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Dec. 31, 2025
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Revenue

12 Months Ended

Dec. 31, 2025

Revenue from Contract with Customer [Abstract]

Revenue

2. Revenue

Revenue from Contracts with Customers

A majority of the Company's revenue is short cycle in nature with shipments within one year from order. A small portion of the Company's revenue derives from contracts extending over one year. The Company's payment terms generally range between 30 to 90 days and vary by the location of businesses, the type of products manufactured to be sold and the volume of products sold, among other factors.

Disaggregation of Revenue

Revenue from contracts with customers is disaggregated by segment and geographic location, as they best depict the nature and amount of the Company's revenue. See Note 19 — Segment Information for further details.

Performance Obligations

A majority of the Company's contracts have a single performance obligation which represents, in most cases, the equipment or product being sold to the customer. Some contracts include multiple performance obligations such as a product and the related installation, extended warranty, software and digital solutions, and/or maintenance services. These contracts require judgment in determining the number of performance obligations.

The Company has elected to use the practical expedient to not adjust the promised amount of consideration for the effects of a significant financing component if it is expected, at contract inception, that the period between when the Company transfers a promised good or service to a customer, and when the customer pays for that good or service, will be one year or less. Thus, the Company may not consider an advance payment to be a significant financing component, if it is received less than one year before product completion.

The majority of the Company's contracts offer assurance-type warranties in connection with the sale of a product to a customer. Assurance-type warranties provide a customer with assurance that the related product will function as the parties intended because it complies with agreed-upon specifications. Such warranties do not represent a separate performance obligation.

The Company may also offer service-type warranties that provide services to the customer, in addition to the assurance that the product complies with agreed-upon specifications. If a warranty is determined to be a service-type warranty, it represents a distinct service and is treated as a separate performance obligation.

Estimates are used to determine the amount of variable consideration in contracts, the standalone selling price among separate performance obligations and the measure of progress for contracts where revenue is recognized over time. The Company reviews and updates these estimates regularly.

Some contracts with customers include variable consideration primarily related to volume rebates. The Company estimates variable consideration at the most likely amount to determine the total consideration which the Company expects to be entitled. Estimated amounts are included in the transaction price to the extent it is probable that a significant reversal of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is resolved. The Company's estimates of variable consideration and determination of whether to include estimated amounts in the transaction price are based largely on an assessment of anticipated performance and all information (historical, current and forecasted) that is reasonably available.

For contracts with multiple performance obligations, the Company allocates the total transaction price to each performance obligation in an amount based on the estimated relative standalone selling prices of the promised goods or services underlying each performance obligation. The Company uses an observable price to determine the standalone selling price for separate performance obligations or a cost plus margin approach when one is not available.

Approximately 95% of the Company's revenue is recognized at a point in time, rather than over time, as the Company completes its performance obligations. Specifically, revenue is recognized when control transfers to the customer, typically upon shipment or completion of installation, testing, certification, or other substantive acceptance provisions required under the contract. Approximately 5% of the Company's revenue is recognized over time and relates to the sale of equipment or services, including software solutions and services, in which the Company transfers control of a good or service over time and the customer simultaneously receives and consumes the benefits provided by the Company's performance as the Company performs, or the Company's performance creates or enhances an asset the customer controls as the asset is created or enhanced, or the Company's performance does not create an asset with an alternative use to the Company and the Company has an enforceable right to payment for its performance to date plus a reasonable margin.

For revenue recognized over time, there are two types of methods for measuring progress and both are relevant to the Company: (1) input methods and (2) output methods. Although this may vary by business, input methods generally are based on costs incurred relative to estimated total costs. Output methods generally are based on a measurement of progress, such as milestone achievement. The businesses use the method and measure of progress that best depicts the transfer of control to the customer of the goods or services to date relative to the remaining goods or services promised under the contract.

Transaction Price Allocated to the Remaining Performance Obligations

At December 31, 2025, we estimated that $315,420 in revenue is expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) at the end of the reporting period. We expect to recognize approximately 47.9% of the Company's unsatisfied (or partially unsatisfied) performance obligations as revenue in 2026, 29.0% in 2027, with the remaining balance to be recognized in 2028 and thereafter.

Remaining consideration, including variable consideration, from contracts with customers is included in the amounts presented in the preceding paragraph and pertains to contracts with multiple performance obligations, extended warranties on products and multi-year agreements, which are typically recognized as the performance obligation is satisfied.

The Company applied the standard's practical expedient that permits the omission of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which the Company recognizes revenue at the amount to which the Company has the right to invoice for services performed.

Contract Balances

The following table provides information about contract assets and contract liabilities from contracts with customers:


	December 31, 2025		December 31, 2024		December 31, 2023

Contract assets - current	$	36,018	$	22,413	$	19,561
Contract liabilities - current	155,025		198,629		194,798
Contract liabilities - non-current	4,427		4,452		7,098

Contract assets primarily relate to the Company's right to consideration for work completed but not billed at the reporting date and are recorded in prepaid and other current assets in the consolidated balance sheets. Contract assets are transferred to receivables when the right to consideration becomes unconditional. Contract liabilities relate to advance consideration received from customers or advance billings for which revenue has not been recognized. Current contract liabilities are recorded in deferred revenue and non-current contract liabilities are recorded in other liabilities in the consolidated balance sheets. Contract liabilities are reduced when the associated revenue from the contract is recognized.

The revenue recognized during 2025 and 2024 that was included in the contract liabilities at the beginning of the respective periods amounted to $188,849 and $182,846, respectively.

Contract Costs

Costs incurred to obtain a customer contract are not material to the Company. The Company elected to apply the practical expedient to not capitalize contract costs to obtain contracts with a duration of one year or less, which are expensed and included within cost of goods and services in the consolidated statements of earnings.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

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+ Details

Credit Losses

12 Months Ended

Dec. 31, 2025

Credit Loss [Abstract]

Credit Losses

8. Credit Losses

The Company is exposed to credit losses primarily through sales of products and services. Due to the short-term nature of such receivables, the estimated amount of accounts receivable that may not be collected is based on aging of the accounts receivable balances and other historical and forward-looking information on the financial condition of the customers. Balances are written off when determined to be uncollectible.


	2025		2024		2023
Balance at January 1	$	28,794	$	30,679	$	38,504

Provision for expected credit losses, net of recoveries	8,819		5,329		2,644
Amounts written off charged against the allowance	(10,115)		(6,492)		(10,096)
Other, including dispositions and foreign currency translation	7,920		(722)		(373)
Balance at December 31	$	35,418	$	28,794	$	30,679

Description of Business and Summary of Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2025 USD ($) segment	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Goodwill [Line Items]
Number of reportable segments \| segment	5
Earnings before provision for income taxes	$ 1,374,252,000	$ 1,757,016,000	$ 1,123,000,000
Earnings from continuing operations	1,097,429,000	1,399,968,000	943,864,000
Impairment loss on goodwill	0	0	0
Impairment loss on indefinite-lived intangible assets	$ 0	0	0
Service requisite period	3 years
Research and development expense	$ 165,342,000	$ 149,601,000	$ 139,058,000
Research and development expense as a percent of revenue (in percent)	0.02	0.019	0.018
Advertising expense	$ 23,827,000	$ 23,166,000	$ 22,112,000
Service Revenue \| Revenue Benchmark \| Product Concentration Risk
Goodwill [Line Items]
Concentration risk (in percent)	5.00%
Minimum \| Other
Goodwill [Line Items]
Other intangible assets, useful life	5 years
Minimum \| Buildings and improvements
Goodwill [Line Items]
Property, plant and equipment useful life	5 years
Minimum \| Machinery and Equipment
Goodwill [Line Items]
Property, plant and equipment useful life	3 years
Minimum \| Furniture and Fixtures
Goodwill [Line Items]
Property, plant and equipment useful life	3 years
Minimum \| Vehicles
Goodwill [Line Items]
Property, plant and equipment useful life	3 years
Minimum \| Software and Software Development Costs
Goodwill [Line Items]
Property, plant and equipment useful life	3 years
Maximum \| Other
Goodwill [Line Items]
Other intangible assets, useful life	20 years
Maximum \| Buildings and improvements
Goodwill [Line Items]
Property, plant and equipment useful life	31 years 6 months
Maximum \| Machinery and Equipment
Goodwill [Line Items]
Property, plant and equipment useful life	15 years
Maximum \| Furniture and Fixtures
Goodwill [Line Items]
Property, plant and equipment useful life	7 years
Maximum \| Vehicles
Goodwill [Line Items]
Property, plant and equipment useful life	7 years
Maximum \| Software and Software Development Costs
Goodwill [Line Items]
Property, plant and equipment useful life	10 years
Total segments
Goodwill [Line Items]
Earnings before provision for income taxes	$ 1,867,318,000	1,680,418,000	1,614,952,000
Total segments \| Engineered Products
Goodwill [Line Items]
Earnings before provision for income taxes	$ 217,266,000	$ 231,237,000	$ 224,051,000

Equity and Cash Incentive Program - Schedule of Shares Granted to Directors (Details) - shares	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Aggregate shares granted	8,195	8,259	11,309
Deferred stock units	(3,888)	(5,242)	(7,487)
Net shares issued	4,307	3,017	3,822

Credit Losses (Details) - USD ($) $ in Thousands	12 Months Ended
Credit Losses (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at January 1	$ 28,794	$ 30,679	$ 38,504
Provision for expected credit losses, net of recoveries	8,819	5,329	2,644
Amounts written off charged against the allowance	(10,115)	(6,492)	(10,096)
Other, including dispositions and foreign currency translation	7,920	(722)	(373)
Balance at December 31	$ 35,418	$ 28,794	$ 30,679

Borrowings - Schedule of Future Maturities of Long-Term Debt (Details) $ in Thousands	Dec. 31, 2025 USD ($)
Debt Disclosure [Abstract]
2026	$ 707,714
2027	589,762
2028	200,000
2029	300,000
2030	0
2031 and thereafter	1,548,738
Total	$ 3,346,214

Employee Benefit Plans - Schedule of Measurement of Plan Assets use Significant Unobservable Inputs (Details) - Level 3 - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Fair value of plan assets at beginning of year	$ 21,658	$ 18,652
Relating to assets still held at December 31, 2024	275	623
Relating to assets sold during the period	(2)	7
Purchases	5,263	2,154
Sales and settlements	131	1,090
Foreign currency translation	3,379	(868)
Fair value of plan assets at end of year	$ 30,704	$ 21,658

- Definition

Amount of asset segregated and restricted to provide benefit under defined benefit plan. Asset includes, but is not limited to, stock, bond, other investment, earning from investment, and contribution by employer and employee.

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+ Details

Employee Benefit Plans - Schedule of Weighted-Average Assumptions Used in Benefit Obligations (Details)	Dec. 31, 2025	Dec. 31, 2024
Non-Qualified Supplemental Benefits \| Non-Qualified Supplemental Benefits
Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract]
Discount rate	5.10%	5.50%
United States \| Qualified Defined Benefits \| Qualified Defined Benefits
Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract]
Discount rate	5.40%	5.70%
Foreign Plan \| Qualified Defined Benefits \| Qualified Defined Benefits
Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract]
Discount rate	2.89%	2.64%
Average wage increase	1.42%	1.36%

Property, Plant and Equipment, net (Tables)

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Schedule of Components of Property, Plant and Equipment, net


	December 31, 2025		December 31, 2024
Land	$	68,650	$	62,270
Buildings and improvements	705,756		626,075
Machinery, equipment and other	2,170,149		1,945,479
Property, plant and equipment, gross	2,944,555		2,633,824
Accumulated depreciation	(1,824,932)		(1,645,900)
Property, plant and equipment, net	$	1,119,623	$	987,924

Employee Benefit Plans - Schedule of Weighted-Average Asset Allocation Actual and Target (Details)	Dec. 31, 2025	Dec. 31, 2024
Defined Benefit Plan, Plan Assets, Allocations [Abstract]
Actual plan asset allocations	100.00%	100.00%
Target plan asset allocations	100.00%
Return-seeking investments
Defined Benefit Plan, Plan Assets, Allocations [Abstract]
Actual plan asset allocations	30.00%	30.00%
Target plan asset allocations	30.00%
Liability hedging investments
Defined Benefit Plan, Plan Assets, Allocations [Abstract]
Actual plan asset allocations	70.00%	70.00%
Target plan asset allocations	70.00%

Accumulated Other Comprehensive Earnings (Loss)

12 Months Ended

Dec. 31, 2025

Equity [Abstract]

Accumulated Other Comprehensive Earnings (Loss)

18. Accumulated Other Comprehensive Earnings (Loss)

The components of accumulated other comprehensive earnings (loss) are as follows:


	December 31, 2025		December 31, 2024
Cumulative foreign currency translation adjustments	$	(116,008)	$	(265,815)
Pension and other postretirement benefit plans	(59,684)		(64,238)
Changes in fair value of cash flow hedges and other	738		2,277
	$	(174,954)	$	(327,776)

Amounts reclassified from accumulated other comprehensive earnings (loss) to earnings from continuing operations during the years ended December 31, 2025, 2024 and 2023 were as follows:


	Years Ended December 31,
	2025		2024		2023
Foreign currency translation:
Reclassification of foreign currency translation losses to earnings	$	1,858	$	13,931	$	—
Tax benefit	—		—		—
Net of tax	$	1,858	$	13,931	$	—
Pension and other postretirement benefit plans:
Amortization of actuarial gains	$	(1,541)	$	(1,890)	$	(2,551)
Amortization of prior service (credits) costs	(841)		(760)		1,157
Settlement and curtailment	(729)		113		3,633
Total before tax	(3,111)		(2,537)		2,239
Tax expense (benefit)	682		522		(538)
Net of tax	$	(2,429)	$	(2,015)	$	1,701
Cash flow hedges:
Net losses (gains) reclassified into earnings	$	3,716	$	(1,480)	$	2,437
Tax (benefit) expense	(741)		290		(483)
Net of tax	$	2,975	$	(1,190)	$	1,954

Foreign currency translation losses for the year ended December 31, 2025 were recognized in other income, net within the consolidated statement of earnings as a result of the substantial liquidation of certain businesses. Foreign currency translation losses for the year ended December 31, 2024 were recognized in gain on dispositions within the consolidated statement of earnings as a result of the disposition of De-Sta-Co.

The Company recognizes the amortization of net actuarial gains and losses and prior service costs in other income, net within the consolidated statements of earnings.

Cash flow hedges consist of foreign currency forward contracts. The Company recognizes the realized gains and losses on its cash flow hedges in the same line item as the hedged transaction, such as revenue or cost of goods and services.

Income Taxes

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Income Taxes

14. Income Taxes

Income taxes have been based on the following components of earnings before provision for income taxes and discontinued operations in the consolidated statements of earnings:


	Years Ended December 31,
	2025		2024		2023
Domestic	$	844,403	$	1,127,389	$	608,423
Foreign	529,849		629,627		514,577
Total	$	1,374,252	$	1,757,016	$	1,123,000

Income tax expense (benefit) related to continuing operations for the years ended December 31, 2025, 2024 and 2023 is comprised of the following:


	Years Ended December 31,
	2025		2024		2023
Current:
U.S. federal	$	131,881	$	233,348	$	114,195
State and local	18,529		47,199		13,930
Foreign	155,029		168,151		143,216
Total current	305,439		448,698		271,341
Deferred:
U.S. federal	(8,707)		(35,304)		(28,471)
State and local	1,472		(12,362)		4,047
Foreign	(21,381)		(43,984)		(67,781)
Total deferred	(28,616)		(91,650)		(92,205)
Provision for income taxes	$	276,823	$	357,048	$	179,136

Effective January 1, 2025, the Company adopted ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Taxes Disclosures prospectively. The following table is a reconciliation of the U.S. federal statutory rate of 21% to the Company’s effective rate for the year ended December 31, 2025 in accordance with the guidance in ASU No. 2023-09:


	Year Ended December 31,
	2025
	Amount		Percent
U.S. federal income tax rate	$	288,578	21.0	%
State and local taxes, net of federal income tax benefit(a)	15,611		1.1
Foreign tax effects
Switzerland:
Statutory tax rate differential	(15,059)		(1.1)
Other	10,135		0.7
Other jurisdictions	25,229		1.8
Enactment of new tax laws	4,414		0.3
Effect of cross-border tax laws
Foreign-derived intangible income	(15,814)		(1.2)
Other	1,467		0.1
Tax credits	(7,308)		(0.5)
Change in valuation allowance	—		—
Non-taxable or non-deductible items	(26)		—
Changes in unrecognized tax benefits	4,473		0.3
Other adjustments
Capital loss	(34,853)		(2.5)
Other	(24)		—
Total tax provision and effective tax rate	$	276,823	20.1	%

(a) State taxes in California, Illinois, Michigan, Minnesota, New Hampshire, and Pennsylvania comprised greater than 50% of the tax effect in this category.


	Years Ended December 31,
	2024		2023
U.S. federal income tax rate	21.0	%	21.0	%
State and local taxes, net of federal income tax benefit	1.0		1.5
Foreign operations tax effect	0.6		0.5



Foreign-derived intangible income	(1.0)		(1.5)
Share awards	(0.3)		(0.4)
Withholding tax	0.1		2.7
Change in valuation allowance	(0.4)		(6.2)

Dispositions	0.6		—
Tax credits	(0.4)		(0.6)
Audit resolutions	(0.2)		(0.7)
Other	(0.7)		(0.3)
Effective tax rate	20.3	%	16.0	%

The tax effects of temporary differences that give rise to deferred tax assets and liabilities are as follows:


	December 31, 2025		December 31, 2024
Deferred Tax Assets:
Accrued compensation, postretirement and other employee benefits	$	38,722	$	45,145
Accrued expenses	18,689		17,218
Net operating loss and other carryforwards	386,863		311,043
Inventories	31,632		31,583
Allowance for credit losses	7,938		8,428
Accrued insurance	1,569		2,340

Long-term liabilities, warranty and environmental costs	6,585		6,818
Lease obligations	54,357		51,837
Capitalized research and development	39,167		68,240
Other assets	17,821		—
Total gross deferred tax assets	603,343		542,652
Valuation allowance	(209,948)		(198,082)
Total deferred tax assets, net of valuation allowances	$	393,395	$	344,570
Deferred Tax Liabilities:
Intangible assets	$	(523,317)	$	(440,946)
Property, plant and equipment	(73,924)		(69,920)
Lease right-of-use assets	(50,356)		(48,088)

Other liabilities	(10,057)		(21,250)
Total deferred tax liabilities	(657,654)		(580,204)
Net deferred tax liability	$	(264,259)	$	(235,634)

Classified as follows in the Consolidated Balance Sheets:

Other assets and deferred charges	$	130,109	$	116,372

Deferred income taxes	(394,368)		(352,006)
	$	(264,259)	$	(235,634)

As of December 31, 2025, the Company has $304,941 of deferred tax assets recorded related to non-U.S. tax loss carryforwards primarily resulting from non-operating activities and tax credit carryforwards. The non-U.S. losses and credits as of December 31, 2025 are available to be carried forward, with $122,742 expiring during the years 2026 through 2045, and the remaining $182,199 carried forward indefinitely.

As of December 31, 2025, the Company has $81,922 of deferred tax assets recorded related to U.S. federal and state tax loss and tax credit carryforwards. The U.S. federal and state tax losses and credits as of December 31, 2025 are available to be carried forward, with $78,970 expiring during the years 2026 through 2045, and the remaining $2,952 carried forward indefinitely.

The Company maintains valuation allowances by jurisdiction against the deferred tax assets related to certain of these carryforwards for which it is more likely than not that some portion or all will not be realized. The following table is a reconciliation of the beginning and ending balances of the Company's valuation allowance on deferred tax assets:


	Total
Balance at January 1, 2023	$	271,203
Additions	31,388
Reductions	(92,660)
Balance at December 31, 2023	209,931
Additions	27,192
Reductions	(39,041)
Balance at December 31, 2024	198,082
Additions	25,027
Reductions	(13,161)
Balance at December 31, 2025	$	209,948

Unrecognized Tax Benefits

The Company files U.S federal, state, local and non-U.S. tax returns. The Company is routinely audited by the tax authorities in these jurisdictions, and a number of audits are currently underway. It is reasonably possible during the next twelve months that uncertain tax positions may be settled, which could result in a decrease in the gross amount of unrecognized tax benefits. This decrease may result in an income tax benefit. All significant U.S. federal, state, local and non-U.S. matters have been concluded through 2022. The Company believes adequate provision has been made for all income tax uncertainties.

The following table is a reconciliation of the beginning and ending balances of the Company's unrecognized tax benefits:


	Total
Unrecognized tax benefits at January 1, 2023	$	28,186
Additions based on tax positions related to the current year	1,235
Additions for tax positions of prior years	2,223
Reductions for tax positions of prior years	(3,361)
Cash settlements	(1,791)
Lapse of statutes	(3,983)
Unrecognized tax benefits at December 31, 2023	22,509
Additions based on tax positions related to the current year	33,688
Additions for tax positions of prior years	507
Reductions for tax positions of prior years	(337)
Cash settlements	(2,307)
Lapse of statutes	(4,314)
Unrecognized tax benefits at December 31, 2024	49,746
Additions based on tax positions related to the current year	3,783
Additions for tax positions of prior years	2,533
Reductions for tax positions of prior years	(1,122)
Cash settlements	(856)
Lapse of statutes	(3,344)
Unrecognized tax benefits at December 31, 2025	$	50,740

If recognized, the net amount of potential tax benefits as of December 31, 2025 that would impact the Company's effective tax rate is $44,077. During the years ended December 31, 2025, 2024 and 2023, the Company recorded (expense)/income of $(2,506), $617 and $1,378, respectively, as a component of provision for income taxes for the accrued interest and penalties related to unrecognized tax benefits. The Company had accrued interest and penalties of $6,687 at December 31, 2025 and $4,181 at December 31, 2024, which are not included in the unrecognized tax benefits table above.

Income Tax Payments

Disclosed below is a summary of income taxes paid by jurisdiction pursuant to the disclosure requirements of ASU No. 2023-09 for the year ended December 31, 2025:


	Year Ended December 31, 2025
United States – federal	$	131,106
United States - state and local	38,292
China	23,322
Other	114,348
Total	$	307,068

- Definition

The entire disclosure for income tax.

+ References

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+ Details

Income Taxes - Schedule Of Earnings Before Provision For Income Taxes And Discontinued Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Earnings before provision for income taxes and discontinued operations [Abstract]
Domestic	$ 844,403	$ 1,127,389	$ 608,423
Foreign	529,849	629,627	514,577
Earnings before provision for income taxes	$ 1,374,252	$ 1,757,016	$ 1,123,000

- Definition

Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.

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+ Details

Employee Benefit Plans - Schedule of Expected Future Benefit Payments (Details) $ in Thousands	Dec. 31, 2025 USD ($)
Non-Qualified Supplemental Benefits \| Non-Qualified Supplemental Benefits
Expected Future Benefit Payments by Fiscal Year [Abstract]
2026	$ 4,550
2027	1,887
2028	3,421
2029	1,679
2030	2,060
2031 - 2035	5,984
United States \| Qualified Defined Benefits \| Qualified Defined Benefits
Expected Future Benefit Payments by Fiscal Year [Abstract]
2026	30,655
2027	25,389
2028	24,268
2029	23,553
2030	22,804
2031 - 2035	103,904
Foreign Plan \| Qualified Defined Benefits \| Qualified Defined Benefits
Expected Future Benefit Payments by Fiscal Year [Abstract]
2026	14,790
2027	16,565
2028	14,758
2029	14,190
2030	15,150
2031 - 2035	$ 78,657

Employee Benefit Plans - Schedule of Obligations and Funded Status (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Amounts recognized in the consolidated balance sheets consist of:
Defined benefit and other post-retirement benefit plans	$ (84,019)	$ (87,019)
Accumulated other comprehensive loss (earnings):
Accumulated benefit obligations	562,985	547,719
Qualified Defined Benefits \| United States
Change in plan assets:
Fair value of plan assets at beginning of year	371,966
Fair value of plan assets at end of year	374,393	371,966
Qualified Defined Benefits \| Foreign Plan
Change in plan assets:
Fair value of plan assets at beginning of year	176,230
Fair value of plan assets at end of year	212,764	176,230
Qualified Defined Benefits \| Qualified Defined Benefits \| United States
Change in benefit obligation:
Benefit obligation at beginning of year	290,756	319,306
Service cost	0	0	$ 2,867
Interest cost	15,669	15,810	17,203
Plan participants' contributions	0	0
Benefits paid	(31,970)	(27,725)
Actuarial loss (gain)	9,402	(16,635)
Disposition	0	0
Amendments	0	0
Settlements and curtailments(2)	0	0
Currency translation and other	0	0
Benefit obligation at end of year	283,857	290,756	319,306
Change in plan assets:
Fair value of plan assets at beginning of year	371,966	392,519
Actual return on plan assets	34,397	7,172
Company contributions	0	0
Plan participants' contributions	0	0
Benefits paid	(31,970)	(27,725)
Settlements and curtailments(2)	0	0
Currency translation and other	0	0
Fair value of plan assets at end of year	374,393	371,966	392,519
Funded (unfunded) status	90,536	81,210
Amounts recognized in the consolidated balance sheets consist of:
Other assets and deferred charges	90,536	81,210
Accrued compensation and employee benefits	0	0
Defined benefit and other post-retirement benefit plans	0	0
Total assets (liabilities)	90,536	81,210
Accumulated other comprehensive loss (earnings):
Net actuarial losses (gains)	62,656	61,715
Prior service cost (credit)	0	0
Tax (benefit) expense	(13,157)	(12,945)
Total accumulated other comprehensive loss (earnings), net of tax	49,499	48,770
Net amount recognized at December 31,	140,035	129,980
Accumulated benefit obligations	283,857	290,756
Qualified Defined Benefits \| Qualified Defined Benefits \| Foreign Plan
Change in benefit obligation:
Benefit obligation at beginning of year	241,431	250,029
Service cost	6,409	4,853	3,712
Interest cost	6,231	6,091	10,591
Plan participants' contributions	2,751	2,481
Benefits paid	(11,344)	(8,477)
Actuarial loss (gain)	(5,463)	3,288
Disposition	0	(4,226)
Amendments	0	(364)
Settlements and curtailments(2)	0	(2,118)
Currency translation and other	28,793	(10,126)
Benefit obligation at end of year	268,808	241,431	250,029
Change in plan assets:
Fair value of plan assets at beginning of year	176,230	175,765
Actual return on plan assets	13,761	6,770
Company contributions	10,017	8,594
Plan participants' contributions	2,751	2,481
Benefits paid	(11,344)	(8,477)
Settlements and curtailments(2)	0	(2,118)
Currency translation and other	21,349	(6,785)
Fair value of plan assets at end of year	212,764	176,230	175,765
Funded (unfunded) status	(56,044)	(65,201)
Amounts recognized in the consolidated balance sheets consist of:
Other assets and deferred charges	9,170	2,080
Accrued compensation and employee benefits	(1,908)	(1,601)
Defined benefit and other post-retirement benefit plans	(63,306)	(65,680)
Total assets (liabilities)	(56,044)	(65,201)
Accumulated other comprehensive loss (earnings):
Net actuarial losses (gains)	33,755	45,986
Prior service cost (credit)	(984)	(1,825)
Tax (benefit) expense	(6,748)	(9,293)
Total accumulated other comprehensive loss (earnings), net of tax	26,023	34,868
Net amount recognized at December 31,	(30,021)	(30,333)
Accumulated benefit obligations	260,636	233,921
Non-Qualified Supplemental Benefits \| Non-Qualified Supplemental Benefits
Change in benefit obligation:
Benefit obligation at beginning of year	23,042	29,189
Service cost	0	0	970
Interest cost	1,078	1,359	1,636
Plan participants' contributions	0	0
Benefits paid	(5,523)	(4,188)
Actuarial loss (gain)	634	(3,318)
Disposition	0	0
Amendments	0	0
Settlements and curtailments(2)	(739)	0
Currency translation and other	0	0
Benefit obligation at end of year	18,492	23,042	29,189
Change in plan assets:
Fair value of plan assets at beginning of year	0	0
Actual return on plan assets	0	0
Company contributions	6,262	4,188
Plan participants' contributions	0	0
Benefits paid	(5,523)	(4,188)
Settlements and curtailments(2)	(739)	0
Currency translation and other	0	0
Fair value of plan assets at end of year	0	0	$ 0
Funded (unfunded) status	(18,492)	(23,042)
Amounts recognized in the consolidated balance sheets consist of:
Other assets and deferred charges	0	0
Accrued compensation and employee benefits	(4,439)	(6,481)
Defined benefit and other post-retirement benefit plans	(14,053)	(16,561)
Total assets (liabilities)	(18,492)	(23,042)
Accumulated other comprehensive loss (earnings):
Net actuarial losses (gains)	(20,197)	(24,795)
Prior service cost (credit)	0	0
Tax (benefit) expense	4,359	5,395
Total accumulated other comprehensive loss (earnings), net of tax	(15,838)	(19,400)
Net amount recognized at December 31,	(34,330)	(42,442)
Accumulated benefit obligations	$ 18,492	$ 23,042

Equity and Cash Incentive Program - Schedule of Stock-Based Incentive Plans Compensation Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Pre-tax stock-based compensation expense	$ 43,981	$ 40,359	$ 30,766
Tax benefit	(4,423)	(3,792)	(3,106)
Total stock-based compensation expense, net of tax	$ 39,558	$ 36,567	$ 27,660

Borrowings - Schedule of Long-Term Debt (Details) € in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2025 USD ($)	Dec. 31, 2025 EUR (€)	Nov. 12, 2025 EUR (€)	Dec. 31, 2024 USD ($)
Debt Instrument [Line Items]
Total long-term debt	$ 3,327,972			$ 2,928,757
Less current portion of long-term debt	(706,677)			(399,411)
Net long-term debt	2,621,295			2,529,346
Unamortized discount	8,600			8,500
Deferred debt issuance cost	9,700			6,800
3.15% 10-year notes due November 15, 2025
Debt Instrument [Line Items]
Principal	400,000
Total long-term debt	$ 0			399,411
Debt instrument, stated interest rate	3.15%	3.15%
Term	10 years
3.15% 10-year notes due November 15, 2025 \| Designated as Hedging Instrument
Debt Instrument [Line Items]
Principal \| €			€ 550,000
1.25% 10-year notes due November 9, 2026 (euro-denominated)
Debt Instrument [Line Items]
Total long-term debt	$ 706,677			622,313
Debt instrument, stated interest rate	1.25%	1.25%
Term	10 years
1.25% 10-year notes due November 9, 2026 (euro-denominated) \| Designated as Hedging Instrument
Debt Instrument [Line Items]
Principal \| €		€ 600,000
0.750% 8-year notes due November 4, 2027 (euro-denominated)
Debt Instrument [Line Items]
Total long-term debt	$ 588,082			517,863
Debt instrument, stated interest rate	0.75%	0.75%
Term	8 years
0.750% 8-year notes due November 4, 2027 (euro-denominated) \| Designated as Hedging Instrument
Debt Instrument [Line Items]
Principal \| €		€ 500,000
6.65% 30-year debentures due June 1, 2028
Debt Instrument [Line Items]
Principal	$ 200,000
Total long-term debt	$ 199,757			199,657
Debt instrument, stated interest rate	6.65%	6.65%
Term	30 years
2.950% 10-year notes due November 4, 2029
Debt Instrument [Line Items]
Principal	$ 300,000
Total long-term debt	$ 298,544			298,166
Debt instrument, stated interest rate	2.95%	2.95%
Term	10 years
3.50% 8-year notes due November 12, 2033 (euro-denominated)
Debt Instrument [Line Items]
Principal	$ 550,000
Total long-term debt	$ 642,927			0
Debt instrument, stated interest rate	3.50%	3.50%
Term	8 years
5.375% 30-year debentures due October 15, 2035
Debt Instrument [Line Items]
Principal	$ 300,000
Total long-term debt	$ 297,557			297,308
Debt instrument, stated interest rate	5.375%	5.375%
Term	30 years
6.60% 30-year notes due March 15, 2038
Debt Instrument [Line Items]
Principal	$ 250,000
Total long-term debt	$ 248,618			248,505
Debt instrument, stated interest rate	6.60%	6.60%
Term	30 years
5.375% 30-year notes due March 1, 2041
Debt Instrument [Line Items]
Principal	$ 350,000
Total long-term debt	$ 345,810			$ 345,534
Debt instrument, stated interest rate	5.375%	5.375%
Term	30 years

Income Taxes - Schedule of Components of Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Current:
U.S. federal	$ 131,881	$ 233,348	$ 114,195
State and local	18,529	47,199	13,930
Foreign	155,029	168,151	143,216
Total current	305,439	448,698	271,341
Deferred:
U.S. federal	(8,707)	(35,304)	(28,471)
State and local	1,472	(12,362)	4,047
Foreign	(21,381)	(43,984)	(67,781)
Total deferred	(28,616)	(91,650)	(92,205)
Provision for income taxes	$ 276,823	$ 357,048	$ 179,136

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Operating Activities:
Net earnings	$ 1,093,956	$ 2,697,126	$ 1,056,828
Adjustments to reconcile net earnings to cash provided by operating activities:
Loss (earnings) from discontinued operations, net	3,473	(1,297,158)	(112,964)
Depreciation and amortization	379,577	337,842	305,046
Stock-based compensation expense	43,981	40,359	30,766
Gain on dispositions	(4,644)	(597,798)	0
Provision for losses on accounts receivable (net of recoveries)	8,819	5,329	2,644
Deferred income taxes	(29,199)	(89,657)	(99,286)
Employee benefit plan (benefit) expense	(7,623)	(9,946)	5,679
Other, net	(14,974)	27,255	1,802
Cash effect of changes in assets and liabilities (excluding effects of acquisitions, dispositions and foreign exchange):
Accounts receivable	49,405	(43,894)	100,393
Inventories	(37,210)	4,418	141,747
Prepaid expenses and other assets	(12,623)	(26,938)	10,738
Accounts payable	(15,643)	9,076	(114,198)
Accrued compensation and employee benefits	(25,233)	39,243	1,488
Accrued expenses and other liabilities	(65,806)	28,603	(78,218)
Accrued taxes	(11,972)	(23,245)	(16,821)
Contributions to employee benefit plans	(16,279)	(12,782)	(16,098)
Net cash provided by operating activities	1,338,005	1,087,833	1,219,546
Investing Activities:
Additions to property, plant and equipment	(220,263)	(167,533)	(183,406)
Acquisitions, net of cash and cash equivalents acquired	(663,270)	(635,269)	(533,623)
Proceeds from dispositions, net of cash transferred	5,998	768,847	0
Other, net	(9,059)	6,972	(686)
Net cash used in investing activities	(886,594)	(26,983)	(717,715)
Financing Activities:
Change in commercial paper and other short-term borrowings, net	(639)	(467,637)	(267,490)
Proceeds from long-term debt	631,186	0	0
Repayment of long-term debt	(400,000)	0	0
Dividends paid to stockholders	(283,007)	(283,117)	(284,297)
Repurchase of common stock, including payment under accelerated share repurchase program	(540,700)	(500,000)	0
Payments to settle employee tax obligations on exercise of share-based awards	(14,887)	(16,603)	(12,137)
Other, net	(16,823)	(4,316)	(4,132)
Net cash used in financing activities	(624,870)	(1,271,673)	(568,056)
Cash Flows from Discontinued Operations:
Net cash (used in) provided by operating activities of discontinued operations	(4,430)	(339,454)	116,799
Net cash (used in) provided by investing activities of discontinued operations	(9,796)	1,985,641	(8,915)
Net cash (used in) provided by discontinued operations	(14,226)	1,646,187	107,884
Effect of exchange rate changes on cash and cash equivalents	19,616	(6,348)	(6,666)
Net (decrease) increase in cash and cash equivalents, including cash held for sale	(168,069)	1,429,016	34,993
Cash and cash equivalents at beginning of year, including cash held for sale	1,844,877	415,861	380,868
Cash and cash equivalents at end of year, including cash held for sale	1,676,808	1,844,877	415,861
Supplemental information - cash paid during the year for:
Income taxes	307,068	907,791	332,192
Interest	$ 103,892	$ 126,434	$ 126,704

Discontinued and Disposed Operations

12 Months Ended

Dec. 31, 2025

Discontinued Operations and Disposal Groups [Abstract]

Discontinued and Disposed Operations

4. Discontinued and Disposed Operations

Management evaluates Dover's businesses periodically for their strategic fit within its operations and may from time to time sell or discontinue certain operations for various reasons.

Discontinued Operations

On October 8, 2024 the Company completed the sale of the ESG business, an operating company within the Engineered Products segment, to Terex Corporation for total consideration, net of cash transferred, of $2.0 billion. The ESG sale qualifies for discontinued operations reporting because its disposal represented a strategic shift with a major effect on the Company's operations and financial results. As a result, the Company has classified the results of operations as discontinued operations in the consolidated statements of earnings and in the consolidated statements of cash flows for the years ended December 31, 2025, 2024, and 2023. For the year ended December 31, 2024, this sale resulted in a preliminary pre-tax gain on disposition of $1.6 billion ($1.2 billion after-tax), included within earnings from discontinued operations, net in the consolidated statements of earnings. For the year ended December 31, 2025, net working capital adjustments of $9,796 ($7,739 after-tax), other post-closing adjustments of $3,866 ($3,066 after-tax), and a tax benefit of $7,332 related to the final accrual on the disposition gain were recorded resulting in a loss from discontinued operations, net of $3,473 in the consolidated statements of earnings.

In June 2025, a jury returned a verdict against the ESG business for approximately $58.9 million in connection with litigation involving alleged breach of contract and inducement of breach of fiduciary duty claims arising from certain product development efforts. ESG has filed post-trial motions and, if necessary, will file an appeal with the U.S. Court of Appeals for the Seventh Circuit. The Company has not recognized an expense in connection with this matter because it does not currently believe a loss is probable.

Summarized results of the Company's discontinued operations are as follows:


	Years Ended December 31,
	2025		2024 (1)		2023
Revenue	$	—	$	678,415	$	753,658
Cost of goods and services	—		479,671		536,569
Gross profit	—		198,744		217,089
Selling, general and administrative expenses	—		68,677		70,086

Operating earnings	—		130,067		147,003


Loss (gain) on disposition	13,662		(1,640,948)		—
Other expense (income), net	—		704		(3)
(Loss) earnings from discontinued operations before provision for income taxes	(13,662)		1,770,311		147,006
(Benefit) provision for income taxes	(10,189)		473,153		34,042
(Loss) earnings from discontinued operations, net	$	(3,473)	$	1,297,158	$	112,964

(1) Reflects the results of the ESG business through the date of disposition on October 8th, 2024.

2025 Dispositions

There were no dispositions in 2025.

2024 Dispositions

On March 31, 2024, the Company completed the sale of the De-Sta-Co business, an operating company within the Engineered Products segment, for total consideration, net of cash transferred, of $675,885. This sale resulted in a pre-tax gain on disposition of $530,349 ($415,376 after-tax) included within the consolidated statements of earnings for the year ended December 31, 2024. The sale did not meet the criteria to be classified as a discontinued operation, as it did not represent a strategic shift that would have a major effect on operations and financial results.

On September 30, 2024, a minority owned equity method investment held within the Climate & Sustainability Technologies segment was sold and the Company received its proportionate share of the proceeds amounting to $92,962. The sale resulted in pre-tax gain of $67,449 ($47,008 after-tax) and included within the consolidated statements of earnings for the year ended December 31, 2024.

2023 Dispositions

There was one immaterial disposition in 2023.

Description of Business and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2025

Accounting Policies [Abstract]

Schedule of Outstanding Obligations Under the SCF Program


	Total
Balance at December 31, 2023	$	156,245
Disposition of business	(2,785)
Invoices confirmed during the period	579,481
Confirmed invoices paid during the period	(575,968)
Balance at December 31, 2024	156,973
Invoices confirmed during the period	535,867
Confirmed invoices paid during the period	(574,956)
Balance at December 31, 2025	$	117,884

Goodwill and Other Intangible Assets - Schedule of Changes in the Carrying Value of Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Goodwill [Roll Forward]
Goodwill			$ 4,708,125
Accumulated impairment loss			(70,561)
Beginning balance	$ 4,905,702	$ 4,637,564
Acquisitions	367,130	337,251
Measurement period adjustments	4,489	598
Foreign currency translation	152,717	(69,711)
Ending balance	5,430,038	4,905,702
Engineered Products
Goodwill [Roll Forward]
Goodwill			425,849
Accumulated impairment loss			(10,591)
Beginning balance	415,264	415,258
Acquisitions	0	7,252
Measurement period adjustments	0	0
Foreign currency translation	15,543	(7,246)
Ending balance	430,807	415,264
Clean Energy & Fueling
Goodwill [Roll Forward]
Goodwill			1,409,302
Accumulated impairment loss			0
Beginning balance	1,695,397	1,409,302
Acquisitions	7,364	315,811
Measurement period adjustments	4,677	0
Foreign currency translation	51,601	(29,716)
Ending balance	1,759,039	1,695,397
Imaging & Identification
Goodwill [Roll Forward]
Goodwill			1,092,960
Accumulated impairment loss			0
Beginning balance	1,072,031	1,092,960
Acquisitions	0	0
Measurement period adjustments	0	0
Foreign currency translation	47,577	(20,929)
Ending balance	1,119,608	1,072,031
Pumps & Process Solutions
Goodwill [Roll Forward]
Goodwill			1,268,541
Accumulated impairment loss			(59,970)
Beginning balance	1,212,042	1,208,571
Acquisitions	359,766	14,188
Measurement period adjustments	(188)	227
Foreign currency translation	35,640	(10,944)
Ending balance	1,607,260	1,212,042
Climate & Sustainability Technologies
Goodwill [Roll Forward]
Goodwill			511,473
Accumulated impairment loss			$ 0
Beginning balance	510,968	511,473
Acquisitions	0	0
Measurement period adjustments	0	371
Foreign currency translation	2,356	(876)
Ending balance	$ 513,324	$ 510,968

Discontinued and Disposed Operations - Schedule of Discontinued Operations Results (ESG) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
(Loss) earnings from discontinued operations, net	$ (3,473)	$ 1,297,158	$ 112,964
Discontinued Operations, Disposed of by Sale \| Environmental Solutions Group
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenue	0	678,415	753,658
Cost of goods and services	0	479,671	536,569
Gross profit	0	198,744	217,089
Selling, general and administrative expenses	0	68,677	70,086
Operating earnings	0	130,067	147,003
Loss (gain) on disposition	13,662	(1,640,948)	0
Other expense (income), net	0	704	(3)
(Loss) earnings from discontinued operations before provision for income taxes	(13,662)	1,770,311	147,006
(Benefit) provision for income taxes	(10,189)	473,153	34,042
(Loss) earnings from discontinued operations, net	$ (3,473)	$ 1,297,158	$ 112,964

Property, Plant and Equipment, net

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment, net

6. Property, Plant and Equipment, net


	December 31, 2025		December 31, 2024
Land	$	68,650	$	62,270
Buildings and improvements	705,756		626,075
Machinery, equipment and other	2,170,149		1,945,479
Property, plant and equipment, gross	2,944,555		2,633,824
Accumulated depreciation	(1,824,932)		(1,645,900)
Property, plant and equipment, net	$	1,119,623	$	987,924

Depreciation expense totaled $169,251, $154,449 and $151,271 for the years ended December 31, 2025, 2024 and 2023, respectively.

Earnings per Share - Schedule of Reconciliation of Information Used in Computing Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Reconciliation of information used in computing basic and diluted earnings per share [Abstract]
Earnings from continuing operations	$ 1,097,429	$ 1,399,968	$ 943,864
(Loss) earnings from discontinued operations, net	(3,473)	1,297,158	112,964
Net earnings	$ 1,093,956	$ 2,697,126	$ 1,056,828
Basic earnings per common share:
Earnings from continuing operations (in dollars per share)	$ 8.01	$ 10.16	$ 6.75
(Loss) earnings from discontinued operations, net (in dollars per share)	(0.03)	9.42	0.81
Basic (in dollars per share)	$ 7.99	$ 19.58	$ 7.56
Weighted average basic shares outstanding (in shares)	136,935	137,735	139,848
Diluted earnings per common share:
Earnings from continuing operations (in dollars per share)	$ 7.97	$ 10.09	$ 6.71
(Loss) earnings from discontinued operations, net (in dollars per share)	(0.03)	9.35	0.80
Diluted (in dollars per share)	$ 7.94	$ 19.45	$ 7.52
Weighted average diluted shares outstanding (in shares)	137,777	138,696	140,599

Employee Benefit Plans - Schedule of Projected Benefit Obligations and Accumulated Benefit Obligations in Excess of Plan Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets [Abstract]
Accumulated benefit obligation	$ 139,343	$ 228,977
Fair value of plan assets	80,641	169,207
Defined Benefit Plan, Pension Plan with Project Benefit Obligation in Excess of Plan Assets [Abstract]
Projected benefit obligation	145,855	236,488
Fair value of plan assets	$ 80,641	$ 169,207

Leases (Tables)

12 Months Ended

Dec. 31, 2025

Leases [Abstract]

Schedule of Components of Lease Cost, Supplemental Cash Flow, and Balance Sheet, and Lease Assumptions

The components of lease costs were as follows:


	Years Ended December 31,
	2025		2024		2023
Operating Lease Costs:
Fixed	$	66,752	$	61,464	$	57,409
Variable	9,346		8,890		8,243
Short-term	21,718		20,564		20,550
Total(1)	$	97,816	$	90,918	$	86,202

(1) Finance lease cost and sublease income were immaterial.

Supplemental cash flow information related to leases was as follows:


	Years Ended December 31,
	2025		2024		2023

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	65,302	$	63,093	$	57,607
Operating cash flows for finance leases	479		443		318
Financing cash flows for finance leases	5,347		4,316		3,231
Total	$	71,128	$	67,852	$	61,156
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	48,143	$	49,021	$	50,997
Financing leases	3,197		4,469		3,539
Total	$	51,340	$	53,490	$	54,536

Supplemental balance sheet information related to leases was as follows:


	December 31, 2025		December 31, 2024

Operating Leases
Right-of-use assets:
Other assets and deferred charges	$	229,003	$	208,379

Lease liabilities:
Other accrued expenses	$	52,366	$	49,646
Other liabilities	194,465		174,905
Total operating lease liabilities	$	246,831	$	224,551

Finance Leases
Right-of-use assets:


Property, plant and equipment, net (1)	$	10,422	$	9,044

Lease liabilities:
Other accrued expenses	$	4,504	$	3,543
Other liabilities	5,145		5,603
Total finance lease liabilities	$	9,649	$	9,146

(1) Finance lease right-of-use assets are recorded net of accumulated depreciation of $16,924 and $12,378 for the years ended December 31, 2025 and December 31, 2024, respectively.

Average lease terms and discount rates were as follows:


	December 31, 2025		December 31, 2024		December 31, 2023
Weighted-average remaining lease term (years)
Operating leases	7.0		6.9		7.2
Finance leases	2.5		2.7		3.0
Weighted-average discount rate
Operating leases	4.2	%	4.1	%	4.0	%
Finance leases	4.2	%	4.2	%	3.9	%

Schedule of Maturity of Operating Lease Liability

The aggregate future lease payments for operating and finance leases as of December 31, 2025 were as follows:


	Operating		Finance
2026	$	61,264	$	5,554
2027	51,905		3,229
2028	41,714		1,558
2029	31,026		527
2030	23,745		145
Thereafter	79,795		14
Total lease payments	289,449		11,027
Less interest	(42,618)		(1,378)
Present value of lease liabilities	$	246,831	$	9,649

Schedule of Maturity of Finance Lease Liability

The aggregate future lease payments for operating and finance leases as of December 31, 2025 were as follows:


	Operating		Finance
2026	$	61,264	$	5,554
2027	51,905		3,229
2028	41,714		1,558
2029	31,026		527
2030	23,745		145
Thereafter	79,795		14
Total lease payments	289,449		11,027
Less interest	(42,618)		(1,378)
Present value of lease liabilities	$	246,831	$	9,649

Audit Information	12 Months Ended
Audit Information	Dec. 31, 2025
Audit Information [Abstract]
Auditor Name	PricewaterhouseCoopers LLP
Auditor Firm ID	238
Auditor Location	Chicago, Illinois

Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

9. Goodwill and Other Intangible Assets

Goodwill

The changes in the carrying value of goodwill by reportable operating segments were as follows:


	Engineered Products		Clean Energy & Fueling		Imaging & Identification		Pumps & Process Solutions		Climate & Sustainability Technologies		Total
Goodwill	$	425,849	$	1,409,302	$	1,092,960	$	1,268,541	$	511,473	$	4,708,125
Accumulated impairment loss (1)	(10,591)		—		—		(59,970)		—		(70,561)
Balance at January 1, 2024	415,258		1,409,302		1,092,960		1,208,571		511,473		4,637,564

Acquisitions	7,252		315,811		—		14,188		—		337,251
Measurement period adjustments	—		—		—		227		371		598

Foreign currency translation	(7,246)		(29,716)		(20,929)		(10,944)		(876)		(69,711)
Balance at December 31, 2024	415,264		1,695,397		1,072,031		1,212,042		510,968		4,905,702

Acquisitions	—		7,364		—		359,766		—		367,130
Measurement period adjustments	—		4,677		—		(188)		—		4,489

Foreign currency translation	15,543		51,601		47,577		35,640		2,356		152,717
Balance at December 31, 2025	$	430,807	$	1,759,039	$	1,119,608	$	1,607,260	$	513,324	$	5,430,038

(1) Accumulated impairment loss as of December 31, 2025 is not subject to foreign currency translation.

During 2025 and 2024, the Company recognized additions of $367,130 and $337,251, respectively, to goodwill as a result of acquisitions as discussed in Note 3 — Acquisitions. During the year ended December 31, 2025, the Company recorded measurement period adjustments that increased goodwill by $4,489 primarily related to the MEC acquisition in the third quarter of 2024 under the Clean Energy & Fueling segment.

Annual impairment testing

The Company tests goodwill for impairment annually in the fourth quarter of each year, whenever events or circumstances indicate an impairment may have occurred, or when a change in the composition of reporting units occurs for other reasons, such as a change in segments.

The Company performed its annual goodwill impairment test during the fourth quarter of 2025 using a discounted cash flow analysis as discussed in Note 1 — Description of Business and Summary of Significant Accounting Policies. The Company performed a quantitative goodwill impairment test for each of its reporting units, concluding that the fair values of all of its reporting units were in excess of their carrying values. No impairment of goodwill was required. The discounted cash flow analysis includes management's current assumptions as to future cash flows and long-term growth rates. The discount rates utilized are based on a capital asset pricing model and published relevant industry rates, which take into consideration the risks and uncertainties inherent to the reporting units and in the internally developed forecasts. The discount rate used in the 2025 reporting unit valuations was 9.8%. Further, the Company assessed the current market capitalization, forecasts and the amount of headroom in the 2025 impairment test.

While the Company believes the assumptions used in the 2025 impairment analysis are reasonable and representative of expected results, actual results may differ from expectations.

Intangible Assets

The Company's definite-lived and indefinite-lived intangible assets by major asset class were as follows:


	December 31, 2025						December 31, 2024
	Gross Amount		Accumulated Amortization		Net Carrying Amount		Gross Amount		Accumulated Amortization		Net Carrying Amount
Amortized intangible assets:
Customer intangibles	$	2,663,551	$	1,369,528	$	1,294,023	$	2,343,823	$	1,174,195	$	1,169,628
Trademarks	311,501		180,564		130,937		283,216		156,745		126,471
Patents	197,671		148,694		48,977		201,828		146,271		55,557
Unpatented technologies	369,832		203,960		165,872		277,945		169,310		108,635
Distributor relationships	85,840		75,919		9,921		79,855		66,469		13,386

Other	28,301		15,147		13,154		22,100		11,400		10,700
Total	3,656,696		1,993,812		1,662,884		3,208,767		1,724,390		1,484,377
Unamortized intangible assets:
Trademarks	96,732		—		96,732		96,477		—		96,477
Total intangible assets, net	$	3,753,428	$	1,993,812	$	1,759,616	$	3,305,244	$	1,724,390	$	1,580,854

The Company recorded $340,958 of acquired intangible assets in 2025. See Note 3 — Acquisitions for further information.

For the years ended December 31, 2025, 2024 and 2023, amortization expense was $210,326, $183,393 and $153,775 respectively. Amortization expense is primarily comprised of acquisition-related intangible amortization.

Estimated future amortization expense related to intangible assets held at December 31, 2025 for the next five years is as follows:


	Estimated Amortization
2026	$	221,952
2027	215,867
2028	182,961
2029	171,082
2030	161,970

Equity and Cash Incentive Program

12 Months Ended

Dec. 31, 2025

Share-Based Payment Arrangement [Abstract]

Equity and Cash Incentive Program

15. Equity and Cash Incentive Program

The Company typically makes its annual grants of equity awards pursuant to actions taken by the Compensation Committee of the Board of Directors at its regularly scheduled first quarter meeting. For the years presented herein, employee awards were made pursuant to the terms of the Company's 2021 Omnibus Incentive Plan (the "2021 Plan") and 2012 Equity and Cash Incentive Plan (the "2012 Plan").

On May 7, 2021, the shareholders approved the 2021 Plan, to replace the 2012 Plan, which otherwise would have terminated according to its terms on May 3, 2022. Upon approval of the 2021 Plan, no additional awards could be granted under the 2012 Plan, and the remaining 4,888,197 shares available for additional award grant purposes became available for issuance under the 2021 Plan. The 2021 Plan provides for stock options and SARs, RSUs, PSAs, cash performance awards, directors' shares and deferred stock units. Under the 2021 Plan, a total of 8,300,000 newly authorized shares of common stock are reserved for issuance, resulting in a total of 13,188,197 authorized shares available for issuance. These shares are subject to adjustments resulting from stock dividends, stock splits, recapitalizations, reorganizations and other similar changes.

Officers and other key employees, as well as non-employee directors, are eligible to participate in the 2021 Plan, and were also eligible under the 2012 Plan which had a ten-year term between May 3, 2012 to May 3, 2022.

Stock-based compensation costs are reported within selling, general and administrative expenses in the consolidated statements of earnings. The following table summarizes the Company's compensation expense relating to all stock-based incentive plans:


	Years Ended December 31,
	2025		2024		2023
Pre-tax stock-based compensation expense	$	43,981	$	40,359	$	30,766
Tax benefit	(4,423)		(3,792)		(3,106)
Total stock-based compensation expense, net of tax	$	39,558	$	36,567	$	27,660

Pre-tax stock-based compensation expense attributable to discontinued operations was $673 and $699 for the years ended December 31, 2024 and 2023, respectively. These expenses are included within stock-based compensation expense in the consolidated statements of stockholders' equity. See Note 4 — Discontinued and Disposed Operations for further details.

SARs

The exercise price per share for SARs is equal to the closing price of the Company's stock on the New York Stock Exchange on the date of grant. New common shares are issued when SARs are exercised. The period during which SARs are exercisable is fixed by the Company's Compensation Committee at the time of grant. Generally, the SARs vest after three years of service and expire at the end of ten years.

In 2025, 2024 and 2023, the Company issued SARs covering 283,837, 355,685 and 359,715 shares, respectively. The fair value of each SAR grant was estimated on the date of grant using a Black-Scholes option-pricing model with the following assumptions:


	2025		2024		2023
Risk-free interest rate	4.35	%	4.13	%	3.91	%
Dividend yield	1.02	%	1.28	%	1.32	%
Expected life (years)	5.5		5.5		5.4
Volatility	30.50	%	31.32	%	30.65	%
Grant price	$202.33		$160.11		$153.25
Fair value per share at date of grant	$66.39		$51.17		$47.27

Expected volatilities are based on Dover's stock price history, including implied volatilities from traded options on Dover stock. The Company uses historical data to estimate SAR exercise and employee termination patterns within the valuation model. The expected life of SARs granted is derived from the output of the option valuation model and represents the average period of time that SARs granted are expected to be outstanding. The interest rate for periods within the contractual life of the awards is based on the U.S. Treasury yield curve in effect at the time of grant.

A summary of activity relating to SARs granted under the 2021 Plan and the 2012 Plan for the year ended December 31, 2025 is as follows:


	Number of Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value
Outstanding at January 1, 2025	2,401,646	$	119.11
Granted	283,837	202.33


Forfeited / expired	(32,034)	167.43
Exercised	(212,491)	80.28
Outstanding at December 31, 2025	2,440,958	131.53		5.4	$	157,469

Exercisable at December 31, 2025	1,532,708	$	108.33	3.8	$	133,215

Unrecognized compensation expense related to SARs not yet exercisable was $7,276 at December 31, 2025. This cost is expected to be recognized over a weighted average period of 1.7 years.

Other information regarding the exercise of SARs is listed below:


	2025		2024		2023
Fair value of SARs that became exercisable	$	11,733	$	9,629	$	7,492
Aggregate intrinsic value of SARs exercised	22,917		28,833		26,041

PSAs

PSAs granted are expensed over the three-year requisite performance and service period. Awards become vested if (1) the Company achieves certain conditions, discussed below, and (2) the employee remains continuously employed by the Company during the performance period. Partial vesting may occur after separation from service in the case of certain terminations not for cause and for retirements.

In 2025, 2024 and 2023, the Company issued PSAs covering 34,458, 43,602 and 43,656 shares, respectively.

The PSAs granted in 2025 and 2024 vest based on the attainment of two equally weighted measures: (i) Dover’s performance relative to established internal metrics (performance condition) and (ii) Dover's performance relative to its peer group (companies listed under the S&P 500 Industrials sector; market condition). The PSAs granted in 2023 vest solely on the attainment of Dover's performance relative to its peer group (same aforementioned market condition).

The grant date fair value of the performance condition portion is determined using Dover’s closing stock price at the date of grant and the amount of expense recognized over the vesting period is subject to adjustment based on the expected attainment of the performance condition. The fair value per share at the date of grant for the 2025 and 2024 performance condition portion were $202.33 and $177.19, respectively.

The grant date fair value of the 2025 and 2024 market condition portion, and all 2023 PSAs, is determined using the Monte Carlo simulation model. The amount of expense recognized over the vesting period is not subject to change based on future market conditions. The assumptions used in the Monte Carlo model to determine the fair value of the PSAs granted in the respective periods were as follows:


	2025		2024		2023
Risk-free interest rate	4.21	%	4.37	%	4.28	%
Dividend yield	1.02	%	1.15	%	1.32	%
Expected life (years)	2.9		2.8		2.9
Volatility	23.10	%	23.30	%	27.30	%

Grant price	$202.33		$177.19		$153.25
Fair value per share at date of grant	$318.38		$287.62		$249.48

A summary of activity for PSAs for the year ended December 31, 2025 is as follows:


	Number of Shares	Weighted Average Grant-Date Fair Value
Unvested at January 1, 2025	79,075	$	240.59
Granted	34,458	260.36


Forfeited	—	—
Vested	(43,157)	247.38
Unvested at December 31, 2025	70,376	$	246.09

Unrecognized compensation expense related to unvested PSAs as of December 31, 2025 was $11,889, which will be recognized over a weighted average period of 1.7 years.

RSUs

The Company also has restricted stock authorized for grant. Common stock of the Company may be granted at no cost to certain officers and key employees. In general, restrictions limit the sale or transfer of these shares during a three-year period, and restrictions lapse proportionately over the three-year period. The Company granted 66,762, 94,307 and 91,439 of RSUs in 2025, 2024 and 2023, respectively. The fair value of these awards was determined using Dover's closing stock price on the date of grant, which was $202.33, $160.11, and $153.25 in 2025, 2024 and 2023, respectively.

A summary of activity for RSUs for the year ended December 31, 2025 is as follows:


	Number of Shares	Weighted Average Grant-Date Fair Value
Unvested at January 1, 2025	163,600	$	155.62
Granted	66,762	202.33


Forfeited	(10,232)	175.77
Vested	(130,058)	166.10
Unvested at December 31, 2025	90,072	$	172.82

Unrecognized compensation expense relating to unvested RSUs as of December 31, 2025 was $9,674, which will be recognized over a weighted average period of 1.4 years.

Directors' Shares

The Company issued the following shares to its non-employee directors as partial compensation for serving as directors of the Company:


	Years ended December 31,
	2025	2024	2023
Aggregate shares granted	8,195	8,259	11,309
Deferred stock units	(3,888)	(5,242)	(7,487)

Net shares issued	4,307	3,017	3,822

Borrowings - Schedule of Short-Term Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Debt Instrument [Line Items]
Current portion of long-term debt	$ 706,677	$ 399,411
Short-term borrowings and current portion of long-term debt	706,677	400,056
Other
Debt Instrument [Line Items]
Short-term borrowings and current portion of long-term debt	$ 0	$ 645

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 7: http://www.xbrl.org/2003/role/exampleRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/exampleRef
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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
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Reference 14: http://www.xbrl.org/2003/role/disclosureRef
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Reference 26: http://www.xbrl.org/2003/role/disclosureRef
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Reference 30: http://www.xbrl.org/2009/role/commonPracticeRef
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+ Details

Financial Instruments - Schedule of Other Comprehensive Earnings for the Gains (Losses) on Net Investment Hedges (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
(Loss) gain on euro-denominated debt	$ (154,778)	$ 66,789	$ (45,805)
Loss on currency forward contract	(14,768)	0	0
(Loss) gain on net investment hedges	(169,546)	66,789	(45,805)
Tax benefit (expense)	38,237	(14,996)	10,438
Net (loss) gain on net investment hedges, net of tax	$ (131,309)	$ 51,793	$ (35,367)

Other Accrued Expenses and Other Liabilities - Schedule of Major Components of Other Accrued Expenses (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Accrued Liabilities and Other Liabilities [Abstract]
Accrued rebates and volume discounts	$ 55,666	$ 52,067
Operating lease liabilities	52,366	49,646
Taxes other than income	45,136	39,486
Warranty	38,239	36,503
Accrued interest	22,363	20,620
Restructuring and exit costs	18,594	18,466
Accrued commissions (non-employee)	11,985	12,243
Other	107,704	106,295
Total other accrued expenses	$ 352,053	$ 335,326

Revenue (Tables)

12 Months Ended

Dec. 31, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Contract Assets and Contracts Liabilities

The following table provides information about contract assets and contract liabilities from contracts with customers:


	December 31, 2025		December 31, 2024		December 31, 2023

Contract assets - current	$	36,018	$	22,413	$	19,561
Contract liabilities - current	155,025		198,629		194,798
Contract liabilities - non-current	4,427		4,452		7,098

Goodwill and Other Intangible Assets - Schedule of Future Amortization Expense (Details) $ in Thousands	Dec. 31, 2025 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2026	$ 221,952
2027	215,867
2028	182,961
2029	171,082
2030	$ 161,970

Discontinued and Disposed Operations - Narrative (Details) $ in Thousands		1 Months Ended	12 Months Ended
	Sep. 30, 2024 USD ($)	Jun. 30, 2025 USD ($)	Dec. 31, 2025 USD ($) disposition	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($) disposition	Mar. 31, 2025 USD ($)	Oct. 08, 2024 USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
(Loss) earnings from discontinued operations, net			$ (3,473)	$ 1,297,158	$ 112,964
Number of dispositions \| disposition			0		1
Gain on dispositions			$ 4,644	597,798	$ 0
Discontinued Operations, Disposed of by Sale \| Environmental Solutions Group
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total consideration, net of cash transferred							$ 2,000,000
Adjustments on other post-closing, before tax			3,866	1,600,000
Adjustments on other post-closing, after tax			3,066	1,200,000
Adjustments on net working capital, before tax			9,796
Adjustments on net working capital, after tax			7,739
Tax benefit on final accrual gain			7,332
(Loss) earnings from discontinued operations, net			(3,473)	1,297,158	112,964
Verdict returned for alleged breach of contract, amount		$ 58,900
Gain from disposal of before income tax			$ (13,662)	1,640,948	$ 0
Disposal Group, Disposed of by Sale, Not Discontinued Operations \| De-Sta-Co
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total consideration, net of cash transferred						$ 675,885
Gain on dispositions				530,349
Gain on disposition, after-tax				$ 415,376
Discontinued Operation, Gain (Loss) on Disposal, Statement of Income or Comprehensive Income [Extensible Enumeration]				(Loss) earnings from discontinued operations, net
Disposal Group, Disposed of by Sale, Not Discontinued Operations \| Climate & Sustainability Technologies
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of minority ownership investment	$ 92,962
Preliminary pre-tax gain				$ 67,449
Gain from disposal of before income tax				$ 47,008

Leases - Schedule of Supplemental Cash Flow (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$ 65,302	$ 63,093	$ 57,607
Operating cash flows for finance leases	479	443	318
Financing cash flows for finance leases	5,347	4,316	3,231
Total	71,128	67,852	61,156
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	48,143	49,021	50,997
Financing leases	3,197	4,469	3,539
Total	$ 51,340	$ 53,490	$ 54,536

Description of Business and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2025
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. Intercompany accounts and transactions have been eliminated in consolidation. The results of operations of acquired businesses are included from the dates of acquisitions. The Environmental Solutions Group ("ESG") business, an operating company within the Engineered Products segment, was sold during the fourth quarter of 2024 and reported as discontinued operations. Therefore, the Company has classified the results of operations prior to the sale as discontinued operations in the consolidated statements of earnings and the consolidated statements of cash flows. The discussion in the notes to these consolidated financial statements, unless otherwise noted, relates solely to our continuing operations. See Note 4 — Discontinued and Disposed Operations for further details.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying disclosures. These estimates may be adjusted due to changes in future economic, industry, or customer financial conditions, as well as changes in technology or demand. Estimates are used for, but not limited to, allowances for doubtful accounts receivable, net realizable value of inventories, restructuring reserves, warranty reserves, pension and post-retirement plans, stock-based compensation, useful lives for depreciation and amortization of long-lived assets including finite-lived intangibles, future cash flows associated with impairment testing for goodwill, indefinite-lived intangible assets and other long-lived assets, deferred tax assets, unrecognized tax benefits, contingencies and purchase price allocations. Actual results may differ from these estimates, although management does not believe such differences would materially affect the consolidated financial statements in any individual year. Estimates and assumptions are periodically reviewed and the effects of changes in these estimates and assumptions are reflected in the consolidated financial statements in the period that they are determined.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include cash on hand, demand deposits and short-term investments, which are highly liquid in nature and have original maturities at the time of purchase of three months or less. The carrying value of cash and cash equivalents approximates fair value.
Accounts Receivable and Allowance for Credit Losses	Accounts Receivable and Allowance for Credit Losses Accounts receivable are recorded at face amounts less an allowance for credit losses. The allowance is an estimate based on historical collection experience, current and future economic and market conditions and a review of the current status of each customer's trade accounts receivable. Management evaluates the aging of the accounts receivable balances and the financial condition of its customers and all other forward-looking information that is reasonably available to estimate the amount of accounts receivable that may not be collected in the future and records the appropriate provision. See Note 8 — Credit Losses for additional information.
Inventories	Inventories Inventories are stated at the lower of cost, determined on the first-in, first-out ("FIFO") basis, or net realizable value.
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment includes the historical cost of land, buildings, machinery and equipment, purchased and internally developed software, finance lease assets and significant improvements to existing plant and equipment or, in the case of acquisitions, the fair value of acquired assets. Expenditures for maintenance, repairs and minor renewals are expensed as incurred. When property or equipment is sold or otherwise disposed of, the related cost and accumulated depreciation are removed from the respective accounts and the gain or loss realized on disposition is reflected in earnings. The Company depreciates its assets on a straight-line basis over their estimated useful lives as follows: buildings and improvements 5 to 31.5 years; machinery and equipment 3 to 15 years; furniture and fixtures 3 to 7 years; vehicles 3 to 7 years; and software 3 to 10 years.
Derivative and Non-Derivative Financial Instruments	Derivative and Non-Derivative Financial Instruments The Company uses derivative and non-derivative financial instruments to hedge its exposures to various risks, including foreign currency exchange rate risk. The Company may designate certain instruments as net investment hedges to hedge the net assets of certain foreign subsidiaries which are exposed to volatility in foreign currency exchange rates. The Company does not enter into derivative financial instruments for speculative purposes and does not have a material portfolio of derivative financial instruments. Derivative financial instruments used for hedging purposes must be designated and effective as a hedge of the identified risk exposure at inception of the contract. The Company recognizes all derivatives as either assets or liabilities on the consolidated balance sheet and measures those instruments at fair value. For derivatives designated as hedges of the fair value of assets or liabilities, the changes in fair value of both the derivatives and of the hedged items are recorded in current earnings. For derivatives designated as cash flow hedges, the change in the fair value of the derivatives is recorded as a component of other comprehensive earnings and subsequently recognized in net earnings when the hedged items impact earnings. Changes in the value of derivatives and non-derivatives designated as net investment hedges are calculated each period using the spot method and are reported in foreign currency translation adjustments within accumulated other comprehensive earnings (loss). Such amounts will remain in accumulated other comprehensive earnings (loss) until the complete or substantially complete liquidation of our investment in the underlying foreign operations.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill represents the excess of purchase price over the fair value of net assets acquired. Goodwill and certain other intangible assets deemed to have indefinite lives (primarily trademarks) are not amortized. For goodwill, impairment tests are required at least annually, or more frequently if events or circumstances indicate that it may be impaired, when some portion but not all of a reporting unit is disposed of or classified as assets held for sale, or when a change in the composition of reporting units occurs for other reasons, such as a change in segments. Based on its current organizational structure, the Company identified reporting units for which cash flows are determinable and to which goodwill was allocated. The Company performs its goodwill impairment test annually in the fourth quarter. A quantitative test is used to determine existence of goodwill impairment and the amount of the impairment loss at the reporting unit level. The quantitative test compares the fair value of a reporting unit with its carrying amount, including goodwill. The Company uses an income-based valuation method, determining the present value of estimated future cash flows, to estimate the fair value of a reporting unit. If the fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is not impaired. If the carrying amount of a reporting unit exceeds its fair value, an impairment loss shall be recognized in an amount equal to that excess, limited to the total amount of goodwill allocated to that reporting unit. Factors used in the impairment analysis require significant judgment, and actual results may differ from assumed and estimated amounts. The Company uses its own market assumptions including internal projections of future cash flows, discount rates and other assumptions considered reasonable in the analysis and reflective of market participant assumptions. These forecasts are based on historical performance and future estimated results. The discount rates utilized are based on a capital asset pricing model and published relevant industry rates, which take into consideration the risks and uncertainties inherent to the reporting units and in the internally developed forecasts. See Note 9 — Goodwill and Other Intangible Assets for further discussion of the Company's annual goodwill impairment test and results. No impairment of goodwill was required for the years ended December 31, 2025, 2024, or 2023. The Company uses an income-based valuation method to annually test its indefinite-lived intangible assets for impairment. The fair value of the intangible asset is compared to its carrying value. This method uses the Company's own market assumptions, which are considered reasonable. Any excess of carrying value over the estimated fair value is recognized as an impairment loss.
Other Intangible Assets	Other intangible assets with determinable lives primarily consist of customer intangibles, unpatented technologies, patents and trademarks. The other intangible assets are amortized over their estimated useful lives, ranging from 5 to 20 years.
Long-Lived Assets	Long-lived assets (including definite-lived intangible assets) are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable, such as a significant sustained change in the business climate. If an indicator of impairment exists for any grouping of assets, an estimate of undiscounted future cash flows is prepared and compared to its carrying value. If an asset group is determined to be impaired, the loss is measured by the excess of the carrying amount of the asset group over its fair value, as determined by an estimate of discounted future cash flows.
Leases	Leases The Company determines if an arrangement is a lease at inception of a contract. The Company has operating and finance leases for corporate offices, manufacturing plants, research and development facilities, shared services facilities, vehicle fleets and certain office and manufacturing equipment. Operating lease right-of-use ("ROU") assets are included in other assets and deferred charges and operating lease liabilities are included in other accrued expenses and other liabilities in the consolidated balance sheet. Finance lease ROU assets are included in property, plant and equipment, and the related lease liabilities are included in other accrued expenses and other liabilities in the consolidated balance sheet. Leases with an initial term of 12 months or less are not recorded in the balance sheet. The Company accounts for each separate lease component of a contract and its associated non-lease components as a single lease component, thus causing all fixed payments to be capitalized. Variable lease payment amounts that cannot be determined at the commencement of the lease, such as increases in lease payments based on changes in index rates or usage, are not included in the ROU assets or lease liabilities. These are expensed as incurred and recorded as variable lease expense. ROU assets represent the Company's right to use an underlying asset during the lease term and lease liabilities represent the Company's obligation to make lease payments arising from the lease. ROU assets and lease liabilities are recognized at the commencement date based on the net present value of fixed lease payments over the lease term. The lease term includes options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. ROU assets also include any advance lease payments made and exclude lease incentives. As most of the Company's operating leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. Finance lease agreements include an interest rate that is used to determine the present value of future lease payments. Fixed operating lease expense and finance lease depreciation expense are recognized on a straight-line basis over the lease term.
Supply Chain Financing	Supply Chain Financing The Company facilitates the opportunity for suppliers to participate in a voluntary supply chain financing ("SCF") program with a third-party financial institution. Participating suppliers are paid directly by the SCF financial institution and, in addition, may elect to sell receivables due from the Company to the SCF financial institution for early payment. Thus, participating suppliers have additional potential flexibility in managing their liquidity by accelerating, at their option and cost, the collection of receivables due from the Company. The Company and its suppliers agree on commercial terms, including payment terms, for the goods and services the Company procures, regardless of whether the supplier participates in SCF. For participating suppliers, the Company’s responsibility is limited to making all payments to the SCF financial institution on the terms originally negotiated with the supplier, irrespective of whether the supplier elects to sell receivables to the SCF financial institution. The Company does not determine the terms or conditions of the arrangement between the SCF financial institution and the Company's suppliers. The SCF financial institution pays the supplier on the invoice due date for any invoices that were not previously sold by the supplier. The agreement between the Company and the SCF financial institution does not require the Company to provide assets pledged as security or other forms of guarantees.
Restructuring Accruals	Restructuring Accruals The Company takes actions to reduce headcount, close facilities, or otherwise exit operations as considered necessary. Such restructuring activities at an operation are recorded when management has committed to an exit or reorganization plan and when termination benefits are probable and can be reasonably estimated based on circumstances at the time the restructuring plan is approved by management or when termination benefits are communicated. Exit costs may include contractual terminations and asset impairments as a result of an approved restructuring plan. The accrual of both severance and exit costs requires the use of estimates. Though the Company believes that its estimates accurately reflect the anticipated costs, actual results may be different from the original estimated amounts.
Foreign Currency	Foreign Currency Assets and liabilities of non-U.S. subsidiaries, where the functional currency is not the U.S. dollar, have been translated at year-end exchange rates and profit and loss accounts have been translated using weighted-average monthly exchange rates. Foreign currency translation gains and losses are included in the consolidated statements of comprehensive earnings as a component of other comprehensive earnings (loss). Assets and liabilities of an entity that are denominated in currencies other than an entity's functional currency are re-measured into the functional currency using end of period exchange rates, where applicable. Gains and losses related to these re-measurements are recorded within the consolidated statements of earnings as a component of other income, net. Gains and losses arising from intercompany foreign currency transactions that are of a long-term investment in nature are reported in the same manner as translation adjustments.
Revenue Recognition	Revenue Recognition The majority of the Company's revenue is generated through the manufacture and sale of a broad range of specialized products and components, with revenue recognized upon transfer of control, title and risk of loss, which is generally upon shipment. Service revenue represents approximately 5% of total revenue and is recognized as the services are performed. In limited cases, revenue arrangements with customers require delivery, installation, testing, certification, or other acceptance provisions to be satisfied before revenue is recognized. The Company includes shipping costs billed to customers in revenue and the related shipping costs in cost of goods and services.
Share-Based Compensation	Stock-Based Compensation The principal awards issued under the Company's stock-based compensation plans include non-qualified stock appreciation rights ("SARs"), restricted stock units ("RSUs") and performance share awards ("PSAs"). The cost for such awards is measured at the grant date based on the fair value of the award. At the time of grant, the Company estimates forfeitures, based on historical experience, in order to estimate the portion of the award that will ultimately vest. The value of the portion of the award that is expected to ultimately vest is recognized as expense on a straight-line basis, generally over the explicit service period of three years (except for retirement-eligible employees) and is included in selling, general and administrative expenses in the consolidated statements of earnings. Expense for awards granted to retirement-eligible employees is recorded over the period from the date of grant through the date the employee first becomes eligible to retire and is no longer required to provide service. See Note 15 — Equity and Cash Incentive Program for additional information related to the Company's stock-based compensation.
Income Taxes	Income Taxes The provision for income taxes includes federal, state, local and non-U.S. taxes. Tax credits, primarily for research and experimentation, are recognized as a reduction of the provision for income taxes in the year in which they are available for tax purposes. Deferred taxes are provided using enacted rates on the future tax consequences of temporary differences. Temporary differences include the differences between the financial statement carrying amounts of assets and liabilities and their respective tax basis and the tax benefit of carryforwards. A valuation allowance is established for deferred tax assets for which it is more likely than not that some portion or all of the deferred tax benefit will not be realized. In assessing the need for a valuation allowance, management considers all available evidence, including the future reversal of existing taxable temporary differences, taxable income in carryback periods, prudent and feasible tax planning strategies and estimated future taxable income. The valuation allowance can be affected by changes to tax regulations, interpretations and rulings, changes to enacted statutory tax rates and changes to future taxable income estimates. Tax benefits are recognized from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position in consideration of applicable tax statutes and related interpretations and precedents. Tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized on ultimate settlement.
Research and Development Costs	Research and Development Costs Research and development costs, including qualifying engineering costs, are expensed when incurred
Advertising cost	Advertising Costs Advertising costs are expensed when incurred and amounted to $23,827 in 2025, $23,166 in 2024 and $22,112 in 2023. Advertising costs are reported within selling, general and administrative expenses in the consolidated statements of earnings.
Risk, Retention, Insurance	Risk, Retention, Insurance The Company's insurance programs contain various deductibles that, based on the Company's experience, are typical and customary for a company of its size and risk profile. The Company does not consider any of the deductibles to represent a material risk to the Company. The Company generally maintains insurance policies with deductibles for claims and liabilities related primarily to workers' compensation, health and welfare claims, general liability, product and automobile liability, cybersecurity risks, property damage and business interruption resulting from certain events. The Company accrues for claim exposures that are probable of occurrence and can be reasonably estimated.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Recently Issued Accounting Standards The following accounting standards updates ("ASU"), issued by the Financial Accounting Standards Board ("FASB"), will, or are expected to, result in a change in practice and/or have a financial impact to the Company's consolidated financial statements: In November 2024, the FASB issued ASU No. 2024-03, Income Statement—Reporting Comprehensive Income (Subtopic 220-40): Expense Disaggregation Disclosures, which expands disclosures of specific expense categories at interim and annual reporting periods. The amendments are effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. Early adoption is permitted. The Company is currently evaluating this ASU to determine its impact on the Company’s disclosures. In July 2025, the FASB issued ASU No. 2025-05, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets, which provides entities the option of a practical expedient in the estimation of credit losses. The amendments are effective for fiscal years beginning after December 15, 2025, and interim periods within those annual reporting periods. Early adoption is permitted. The Company is currently evaluating this ASU to determine its impact on the Company’s consolidated financial statements. The Company expects to adopt this standard as required beginning first quarter of 2026. In September 2025, the FASB issued ASU No. 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software which changes the requirements for when entities may begin capitalizing costs for internal-use software. The amendments are effective for fiscal years beginning after December 15, 2027, and interim reporting periods within those annual reporting periods. Early adoption is permitted as of the beginning of an annual reporting period. The Company is currently evaluating this ASU to determine its impact on the Company’s consolidated financial statements. Recently Adopted Accounting Standards In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which expands the disclosures required in an entity’s income tax rate reconciliation table and requires disclosure of income taxes paid both in U.S. and foreign jurisdictions. The amendments are effective for fiscal years beginning after December 15, 2024. The Company adopted the guidance during the fourth quarter of 2025. See Note 14 — Income Taxes for further details.

Restructuring Activities

12 Months Ended

Dec. 31, 2025

Restructuring and Related Activities [Abstract]

Restructuring Activities

11. Restructuring Activities

The Company's restructuring charges by segment were as follows:


	Years Ended December 31,
	2025		2024		2023
Engineered Products	$	4,983	$	7,847	$	8,976
Clean Energy & Fueling	13,755		30,858		20,336
Imaging & Identification	4,652		9,960		5,918
Pumps & Process Solutions	9,735		4,956		7,686
Climate & Sustainability Technologies	22,508		15,197		4,541
Corporate	1,110		992		2,444
Total	$	56,743	$	69,810	$	49,901
These amounts are classified in the consolidated statements of earnings as follows:
Cost of goods and services	$	32,092	$	37,993	$	19,352
Selling, general and administrative expenses	24,651		31,817		30,549

Total	$	56,743	$	69,810	$	49,901

The restructuring expenses of $56,743 incurred during the year ended December 31, 2025 were primarily related to exit costs and headcount reductions across all segments, most notably within the Climate & Sustainability Technologies and Clean Energy & Fueling segments. These restructuring programs were initiated in 2024 and 2025 and the Company will continue to make proactive adjustments to its cost structure to align with current demand trends. Additional programs, beyond the scope of the announced programs, may be implemented during 2026 with related restructuring charges.

Restructuring expenses incurred in 2024 and 2023 were primarily comprised of headcount reductions and product line and other exit costs.

The Company's severance and exit accrual activities were as follows:


	Severance		Exit			Total
Balance at January 1, 2023	$	12,007	$	2,468		$	14,475
Restructuring charges	36,899		13,002			49,901
Payments	(31,133)		(9,910)			(41,043)
Other, including foreign currency translation	873		(2,447)			(1,574)
Balance at December 31, 2023	18,646		3,113			21,759
Restructuring charges	28,917		40,893		(1)	69,810
Payments	(33,514)		(10,481)			(43,995)
Other, including foreign currency translation	(505)		(27,634)		(1)	(28,139)
Balance at December 31, 2024	13,544		5,891			19,435
Restructuring charges	26,281		30,462		(1)	56,743
Payments	(27,044)		(16,824)			(43,868)
Other, including foreign currency translation	2,374		(16,090)		(1)	(13,716)
Balance at December 31, 2025	$	15,155	$	3,439		$	18,594

(1) Exit reserves activity includes non-cash asset charges related to a product line exit within the Climate & Sustainability Technologies segment.

The restructuring accrual balances at December 31, 2025 primarily reflect restructuring plans initiated during the year.

Restructuring Activities (Tables)

12 Months Ended

Dec. 31, 2025

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Charges by Segment

The Company's restructuring charges by segment were as follows:


	Years Ended December 31,
	2025		2024		2023
Engineered Products	$	4,983	$	7,847	$	8,976
Clean Energy & Fueling	13,755		30,858		20,336
Imaging & Identification	4,652		9,960		5,918
Pumps & Process Solutions	9,735		4,956		7,686
Climate & Sustainability Technologies	22,508		15,197		4,541
Corporate	1,110		992		2,444
Total	$	56,743	$	69,810	$	49,901
These amounts are classified in the consolidated statements of earnings as follows:
Cost of goods and services	$	32,092	$	37,993	$	19,352
Selling, general and administrative expenses	24,651		31,817		30,549

Total	$	56,743	$	69,810	$	49,901

Schedule of Severance and Exit Accrual Activities

The Company's severance and exit accrual activities were as follows:


	Severance		Exit			Total
Balance at January 1, 2023	$	12,007	$	2,468		$	14,475
Restructuring charges	36,899		13,002			49,901
Payments	(31,133)		(9,910)			(41,043)
Other, including foreign currency translation	873		(2,447)			(1,574)
Balance at December 31, 2023	18,646		3,113			21,759
Restructuring charges	28,917		40,893		(1)	69,810
Payments	(33,514)		(10,481)			(43,995)
Other, including foreign currency translation	(505)		(27,634)		(1)	(28,139)
Balance at December 31, 2024	13,544		5,891			19,435
Restructuring charges	26,281		30,462		(1)	56,743
Payments	(27,044)		(16,824)			(43,868)
Other, including foreign currency translation	2,374		(16,090)		(1)	(13,716)
Balance at December 31, 2025	$	15,155	$	3,439		$	18,594

(1) Exit reserves activity includes non-cash asset charges related to a product line exit within the Climate & Sustainability Technologies segment.

Insider Trading Policies and Procedures	12 Months Ended
Insider Trading Policies and Procedures	Dec. 31, 2025
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Financial Instruments - Schedule of Fair Value of Derivative Instruments and the Balance Sheet Lines in Which They Are Recorded (Details) - Foreign currency forward - Designated as Hedging Instrument - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Prepaid and other current assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Asset	$ 647	$ 2,258
Other accrued expenses
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Liability	$ (654)	$ (888)

- Definition

Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement.

+ References + Details

- Definition

Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement.

+ References + Details

Income Taxes - Schedule of Unrecognized Tax Benefits Roll Forward (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Unrecognized Tax Benefits [Roll Forward]
Beginning balance	$ 49,746	$ 22,509	$ 28,186
Additions based on tax positions related to the current year	3,783	33,688	1,235
Additions for tax positions of prior years	2,533	507	2,223
Reductions for tax positions of prior years	(1,122)	(337)	(3,361)
Cash settlements	(856)	(2,307)	(1,791)
Lapse of statutes	(3,344)	(4,314)	(3,983)
Ending balance	50,740	49,746	22,509
Unrecognized potential tax benefits that would impact effective tax rate	44,077
Potential interest and penalty expense (income)	(2,506)	617	$ 1,378
Accrued interest and penalties	$ 6,687	$ 4,181

Equity and Cash Incentive Program - Schedule of Other Information for SARs and Stock Options (Details) - Stock Appreciation Rights (SARs) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of SARs that became exercisable	$ 11,733	$ 9,629	$ 7,492
Aggregate intrinsic value of SARs exercised	$ 22,917	$ 28,833	$ 26,041

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
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-Name Accounting Standards Codification
-Section 50
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-Subparagraph (d)(1)
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
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-Section 35
-Paragraph 1D
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Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
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-Paragraph 3
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+ Details

Leases - Schedule of Average Lease Terms And Discount Rates (Details)	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Weighted-average remaining lease term (years)
Operating leases	7 years	6 years 10 months 24 days	7 years 2 months 12 days
Finance leases	2 years 6 months	2 years 8 months 12 days	3 years
Weighted-average discount rate
Operating leases	4.20%	4.10%	4.00%
Finance leases	4.20%	4.20%	3.90%

Acquisitions (Tables)

12 Months Ended

Dec. 31, 2025

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Schedule of Business Combination, Recognized Asset Acquired and Liability Assumed

The following presents the preliminary allocation of purchase price to the assets acquired and liabilities assumed in the Sikora acquisition, based on their estimated fair values at acquisition date:


	Total
Current assets, net of cash acquired	$	65,813
Property, plant and equipment	30,318
Goodwill	340,478
Intangible assets	309,690
Other assets and deferred charges	794
Current liabilities	(39,526)
Non-current liabilities	(99,108)

Net assets acquired	$	608,459

The following presents the allocation of purchase price to the assets acquired and liabilities assumed, for the MEC acquisition, based on the estimated fair values at acquisition date:


	Total
Current assets, net of cash acquired	$	58,695
Property, plant and equipment	10,300
Goodwill	187,923
Intangible assets	194,100
Other assets and deferred charges	5,602
Current liabilities	(15,959)
Non-current liabilities	(44,852)

Net assets acquired	$	395,809

The following presents, for the seven acquisitions other than MEC, the allocation of purchase price to the assets acquired and liabilities assumed, based on their estimated fair values at acquisition date:


	Total
Current assets, net of cash acquired	$	25,356
Property, plant and equipment	4,530
Goodwill	149,328
Intangible assets	146,138
Other assets and deferred charges	9,520
Current liabilities	(15,438)
Non-current liabilities	(41,238)

Net assets acquired	$	278,196

The following presents the allocation of purchase price to the assets acquired and liabilities assumed in the FW Murphy acquisition, based on their estimated fair values at acquisition date:


	Total
Current assets	$	26,564



Goodwill	224,771
Intangible assets	275,500
Other assets and deferred charges	9,508
Current liabilities	(1,316)
Non-current liabilities	(8,570)
Net assets acquired	$	526,457

Schedule of Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination

The amounts assigned to goodwill and major intangible asset classifications for all 2025 acquisitions were as follows:


	Amount allocated		Weighted Average Useful Life (in years)
Goodwill	$	16,614	na
Goodwill - non-deductible	350,516		na
Customer intangibles	242,626		15
Unpatented technologies	79,802		11

Trademarks	18,530		15

	$	708,088	14

The amounts assigned to goodwill and major intangible asset classifications for all 2024 acquisitions were as follows:


	Amount Allocated		Weighted Average Useful Life (in years)
Goodwill - deductible	$	14,188	na
Goodwill - non-deductible	323,063		na
Customer intangibles	282,915		14
Unpatented technologies	38,401		7

Trademarks	18,922		15

	$	677,489	14

The amounts assigned to goodwill and major intangible asset classifications for all 2023 acquisitions were as follows:


	Amount Allocated		Weighted Average Useful Life (in years)
Goodwill - deductible	$	224,771	na
Goodwill - non-deductible	2,990		na
Customer intangibles	259,700		15

Unpatented technology	12,510		8
Trademarks	10,960		15

	$	510,931	15

Equity and Cash Incentive Program - Schedule of Activity for Performance Share Awards (Details) - $ / shares	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Performance Shares
Number of Shares
Unvested, beginning balance (in shares)	79,075
Granted (in shares)	34,458	43,602	43,656
Forfeited (in shares)	0
Vested (in shares)	(43,157)
Unvested, ending balance (in shares)	70,376	79,075
Weighted Average Grant-Date Fair Value
Unvested, beginning balance (in dollars per share)	$ 240.59
Granted (in dollars per share)	260.36
Forfeited (in dollars per share)	0
Vested (in dollars per share)	247.38
Unvested, ending balance (in dollars per share)	$ 246.09	$ 240.59
Restricted Stock Units (RSUs)
Number of Shares
Unvested, beginning balance (in shares)	163,600
Granted (in shares)	66,762	94,307	91,439
Forfeited (in shares)	(10,232)
Vested (in shares)	(130,058)
Unvested, ending balance (in shares)	90,072	163,600
Weighted Average Grant-Date Fair Value
Unvested, beginning balance (in dollars per share)	$ 155.62
Granted (in dollars per share)	202.33	$ 160.11	$ 153.25
Forfeited (in dollars per share)	175.77
Vested (in dollars per share)	166.10
Unvested, ending balance (in dollars per share)	$ 172.82	$ 155.62

Equity and Cash Incentive Program - Schedule of Activity for Schedule of Activity for Restricted Stock Units (Details) - Restricted Stock Units (RSUs) - $ / shares	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Number of Shares
Unvested, beginning balance (in shares)	163,600
Granted (in shares)	66,762	94,307	91,439
Forfeited (in shares)	(10,232)
Vested (in shares)	(130,058)
Unvested, ending balance (in shares)	90,072	163,600
Weighted Average Grant-Date Fair Value
Unvested, beginning balance (in dollars per share)	$ 155.62
Granted (in dollars per share)	202.33	$ 160.11	$ 153.25
Forfeited (in dollars per share)	175.77
Vested (in dollars per share)	166.10
Unvested, ending balance (in dollars per share)	$ 172.82	$ 155.62

Equity and Cash Incentive Program (Tables)

12 Months Ended

Dec. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Stock-Based Incentive Plans Compensation Expense


	Years Ended December 31,
	2025		2024		2023
Pre-tax stock-based compensation expense	$	43,981	$	40,359	$	30,766
Tax benefit	(4,423)		(3,792)		(3,106)
Total stock-based compensation expense, net of tax	$	39,558	$	36,567	$	27,660

Schedule of Assumptions Used in Determining the Fair Value

The fair value of each SAR grant was estimated on the date of grant using a Black-Scholes option-pricing model with the following assumptions:


	2025		2024		2023
Risk-free interest rate	4.35	%	4.13	%	3.91	%
Dividend yield	1.02	%	1.28	%	1.32	%
Expected life (years)	5.5		5.5		5.4
Volatility	30.50	%	31.32	%	30.65	%
Grant price	$202.33		$160.11		$153.25
Fair value per share at date of grant	$66.39		$51.17		$47.27

The assumptions used in the Monte Carlo model to determine the fair value of the PSAs granted in the respective periods were as follows:


	2025		2024		2023
Risk-free interest rate	4.21	%	4.37	%	4.28	%
Dividend yield	1.02	%	1.15	%	1.32	%
Expected life (years)	2.9		2.8		2.9
Volatility	23.10	%	23.30	%	27.30	%

Grant price	$202.33		$177.19		$153.25
Fair value per share at date of grant	$318.38		$287.62		$249.48

Schedule of Activity Relating to SARs and Stock Options

A summary of activity relating to SARs granted under the 2021 Plan and the 2012 Plan for the year ended December 31, 2025 is as follows:


	Number of Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value
Outstanding at January 1, 2025	2,401,646	$	119.11
Granted	283,837	202.33


Forfeited / expired	(32,034)	167.43
Exercised	(212,491)	80.28
Outstanding at December 31, 2025	2,440,958	131.53		5.4	$	157,469

Exercisable at December 31, 2025	1,532,708	$	108.33	3.8	$	133,215

Schedule of Other Information for SARs and Stock Options

Other information regarding the exercise of SARs is listed below:


	2025		2024		2023
Fair value of SARs that became exercisable	$	11,733	$	9,629	$	7,492
Aggregate intrinsic value of SARs exercised	22,917		28,833		26,041

Schedule of Activity for Performance Share Awards

A summary of activity for PSAs for the year ended December 31, 2025 is as follows:


	Number of Shares	Weighted Average Grant-Date Fair Value
Unvested at January 1, 2025	79,075	$	240.59
Granted	34,458	260.36


Forfeited	—	—
Vested	(43,157)	247.38
Unvested at December 31, 2025	70,376	$	246.09

Schedule of Activity for Restricted Stock Units

A summary of activity for RSUs for the year ended December 31, 2025 is as follows:


	Number of Shares	Weighted Average Grant-Date Fair Value
Unvested at January 1, 2025	163,600	$	155.62
Granted	66,762	202.33


Forfeited	(10,232)	175.77
Vested	(130,058)	166.10
Unvested at December 31, 2025	90,072	$	172.82

Schedule of Shares Granted to Directors

The Company issued the following shares to its non-employee directors as partial compensation for serving as directors of the Company:


	Years ended December 31,
	2025	2024	2023
Aggregate shares granted	8,195	8,259	11,309
Deferred stock units	(3,888)	(5,242)	(7,487)

Net shares issued	4,307	3,017	3,822

Revenue - Schedule of Contract Assets and Contracts Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Contract assets - current	$ 36,018	$ 22,413	$ 19,561
Contract liabilities - current	155,025	198,629	194,798
Contract liabilities - non-current	$ 4,427	$ 4,452	$ 7,098

Acquisitions

12 Months Ended

Dec. 31, 2025

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Acquisitions

3. Acquisitions

2025 Acquisitions

During the year ended December 31, 2025, the Company acquired four businesses in separate transactions for total consideration of $665,270, net of cash acquired and inclusive of contingent consideration of $2,000 (a non-cash financing activity) and measurement period adjustments. These businesses were acquired to complement and expand upon existing operations within the Pumps & Process Solutions and Clean Energy & Fueling segments. The goodwill recorded as a result of these acquisitions represents the economic benefits expected to be derived from product line expansions and operational synergies. Goodwill of $16,614 is deductible for income tax purposes and $350,516 is non-deductible for income tax purposes for these acquisitions. The fair values of the assets acquired and liabilities assumed, and the related tax balances, are based on preliminary estimates and assumptions. These preliminary estimates and assumptions could change significantly during the measurement period as the Company finalizes the valuations of the assets acquired and liabilities assumed, and the related tax balances.

Sikora

On June 11, 2025, the Company acquired 99.8% of the equity interest in Sikora AG ("Sikora"), a provider of precision measurement, inspection and control solutions for production processes in the wires and cables, hoses, optical fibers and plastic industries for $608,459, net of cash acquired and inclusive of measurement period adjustments. The Sikora acquisition strengthens the Company's offerings in the Pumps & Process Solutions segment. In connection with this acquisition, the Company recorded preliminary goodwill of $340,478 and intangible assets of $219,058 for customer intangibles, $72,942 for unpatented technology and $17,690 for trademarks. The fair value for customer intangibles at the acquisition date was determined using the multi-period excess earnings method under the income approach. The fair value measurements of intangible assets are based on significant unobservable inputs, and thus represent Level 3 inputs. Significant assumptions used in assessing the fair value of intangible assets include discounted future cash flows, customer attrition rates and discount rates.

The following presents the preliminary allocation of purchase price to the assets acquired and liabilities assumed in the Sikora acquisition, based on their estimated fair values at acquisition date:


	Total
Current assets, net of cash acquired	$	65,813
Property, plant and equipment	30,318
Goodwill	340,478
Intangible assets	309,690
Other assets and deferred charges	794
Current liabilities	(39,526)
Non-current liabilities	(99,108)

Net assets acquired	$	608,459

Other Acquisitions

On January 17, 2025, the Company acquired 100% of the equity interest in Cryogenic Machinery Corp. ("Cryo-Mach"), a provider of cryogenic centrifugal pumps, mechanical seals and accessories, for total consideration of $28,909, net of cash acquired and inclusive of measurement period adjustments. The Cryo-Mach business was acquired to expand the Company's participation in cryogenic applications within the Pumps & Process Solutions segment. In connection with this acquisition, the Company recorded preliminary tax-deductible goodwill of $9,250 and intangible assets of $21,020, primarily related to customer intangibles.

On June 18, 2025, the Company acquired 100% of the equity interest in ipp Pump Products GmbH ("ipp"), a specialized manufacturer of sanitary pump technologies, including hygienic lobe, progressive, and other processing equipment for $16,523, net of cash acquired and inclusive of measurement period adjustments. ipp's products expand the Company's capabilities in critical hygienic applications within the Pumps & Process Solutions segment. In connection with this acquisition, the Company recorded preliminary goodwill of $10,038 and intangible assets of $5,648 related to customer intangibles.

On August 1, 2025, the Company acquired 100% of the equity interest in Site IQ LLC ("SIQ"), an industrial internet of things company with a focus on remote monitoring of fueling sites, for total consideration of $11,379, net of cash acquired and inclusive of contingent consideration and measurement period adjustments. SIQ's hardware and software products expand the Company's ability to deliver a comprehensive solution that brings actionable intelligence and remote hardware service to retailers and service companies within the Clean Energy & Fueling segment. In connection with this acquisition, the Company recorded preliminary tax-deductible goodwill of $7,364 and intangible assets of $4,600 related to unpatented technology.

The amounts assigned to goodwill and major intangible asset classifications for all 2025 acquisitions were as follows:


	Amount allocated		Weighted Average Useful Life (in years)
Goodwill	$	16,614	na
Goodwill - non-deductible	350,516		na
Customer intangibles	242,626		15
Unpatented technologies	79,802		11

Trademarks	18,530		15

	$	708,088	14

2024 Acquisitions

During the year ended December 31, 2024, the Company acquired eight businesses in separate transactions for total consideration of $674,005, net of cash acquired and inclusive of contingent consideration of $38,736 (a non-cash financing activity) and measurement period adjustments. These businesses were acquired to complement and expand upon existing operations within the Clean Energy & Fueling, Engineered Products, Imaging & Identification and Pumps & Process Solutions segments. The goodwill recorded as a result of these acquisitions represents the economic benefits expected to be derived from product line expansions and operational synergies. Goodwill of $14,188 is deductible for income tax purposes

and $323,063 is non-deductible for income tax purposes for these acquisitions.

On July 19, 2024, the Company acquired 100% of the equity interests in the Marshall Excelsior Company ("MEC"), a supplier of highly-engineered flow control components for transportation, storage, and use in liquefied petroleum gas and other industrial gases, for $395,809, net of cash acquired and inclusive of measurement period adjustments. The MEC acquisition expands the Company's critical flow control capabilities in the Clean Energy & Fueling segment. In connection with this acquisition, the Company recorded goodwill of $187,923 and intangible assets of $194,100, primarily related to customer intangibles. The fair value for customer intangibles at the acquisition date was determined using the multi-period excess earnings method under the income approach. The fair value measurements of intangible assets are based on significant unobservable inputs, and thus represent Level 3 inputs. Significant assumptions used in assessing the fair values of intangible assets include discounted future cash flows, customer attrition rates and discount rates. During the year ended December 31, 2025, the Company recorded additional measurement period adjustments resulting in an increase to the goodwill disclosed above of $4,839.

The following presents the allocation of purchase price to the assets acquired and liabilities assumed, for the MEC acquisition, based on the estimated fair values at acquisition date:


	Total
Current assets, net of cash acquired	$	58,695
Property, plant and equipment	10,300
Goodwill	187,923
Intangible assets	194,100
Other assets and deferred charges	5,602
Current liabilities	(15,959)
Non-current liabilities	(44,852)

Net assets acquired	$	395,809

On January 17, 2024, the Company acquired 100% of the equity interests in the Transchem Group ("Transchem"), a supplier of car wash chemicals and associated solutions, for $48,241, net of cash acquired and inclusive of contingent consideration and measurement period adjustments. The Transchem acquisition expands the Company's chemical product offerings in the Clean Energy & Fueling segment, specializing in wash performance and water reclaim technology that reduces water usage and lowers car wash operators' cost. In connection with this acquisition, the Company recorded goodwill of $25,132 and intangible assets of $26,309, primarily related to customer intangibles.

On January 31, 2024, the Company acquired 100% of the equity interests in Bulloch Technologies, Inc. ("Bulloch"), a provider of point-of-sale ("POS"), forecourt controller and electronic payment server solutions to the convenience retail industry, for $121,917, net of cash acquired and inclusive of contingent consideration and measurement period adjustments. The acquisition of Bulloch expands the Company's offering in North America with highly complementary POS and forecourt solutions within the Clean Energy & Fueling segment. In connection with this acquisition, the Company recorded goodwill of $73,850 and intangible assets of $62,417, primarily related to customer intangibles.

On July 18, 2024, the Company acquired 100% of the equity interests in Demaco Holland B.V. ("Demaco"), a provider of critical flow control components for cryogenic applications used in a wide range of end markets, for $42,556, net of cash acquired and inclusive of contingent consideration and measurement period adjustments. The acquisition of Demaco expands the Company's offering within the Clean Energy & Fueling segment. In connection with this acquisition, the Company recorded goodwill of $23,788 and intangible assets of $20,159, primarily related to customer intangibles.

On August 9, 2024, the Company acquired 100% of the equity interest in Criteria Labs, Inc. ("Criteria Labs"), a provider of radio frequency devices and microelectronic engineering solutions tailored for high-reliability applications, for $14,737, net of cash acquired and inclusive of contingent consideration and measurement period adjustments. The acquisition of Criteria Labs expands the Company's offerings within the Engineered Products segment. In connection with this acquisition, the Company recorded goodwill of $7,252 and intangible assets of $7,900, primarily related to unpatented technologies.

On August 9, 2024, the Company acquired 100% of the equity interest in SPS Cryogenics B.V. and Special Gas Systems B.V ("SPS Cryogenics"), a designer, manufacturer, and supplier of vacuum-insulated piping systems for a wide variety of liquefied gases, for $11,080, net of cash acquired and inclusive of measurement period adjustments. The acquisition of SPS Cryogenics expands the Company's presence in Europe with highly complementary offerings within the Clean Energy & Fueling segment. In connection with this acquisition, the Company recorded goodwill of $5,118 and intangible assets of $5,677, primarily related to customer intangibles.

On December 20, 2024, the Company acquired certain assets from Carter Day International, Inc.'s petrochemical division for $33,968, inclusive of contingent consideration. The acquisition of these assets expands the Company's pelletizing-system portfolio of dewatering and drying equipment and includes complementary high-volume dryer technology to offerings in the Pumps & Process Solutions segment. In connection with this acquisition, the Company recorded tax-deductible goodwill of $14,188 and intangible assets of $19,780, primarily related to unpatented technologies and customer intangibles.

One other immaterial acquisition was completed during the year ended December 31, 2024, within the Imaging & Identification segment. The acquisition is highly complementary to our existing track and trace solutions business, grows our presence in the European market and adds complementary offerings to our portfolio.


	Total
Current assets, net of cash acquired	$	25,356
Property, plant and equipment	4,530
Goodwill	149,328
Intangible assets	146,138
Other assets and deferred charges	9,520
Current liabilities	(15,438)
Non-current liabilities	(41,238)

Net assets acquired	$	278,196

The amounts assigned to goodwill and major intangible asset classifications for all 2024 acquisitions were as follows:


	Amount Allocated		Weighted Average Useful Life (in years)
Goodwill - deductible	$	14,188	na
Goodwill - non-deductible	323,063		na
Customer intangibles	282,915		14
Unpatented technologies	38,401		7

Trademarks	18,922		15

	$	677,489	14

2023 Acquisitions

During the year ended December 31, 2023, the Company acquired two businesses in separate transactions for total consideration of $535,290, net of cash acquired and inclusive of contingent consideration. These businesses were acquired to complement and expand upon existing operations within the Pumps & Process Solutions and Climate & Sustainability Technologies segments. The goodwill recorded as a result of these acquisitions represents the economic benefits expected to be derived from product line expansions and operational synergies. Goodwill of $224,771 is deductible for income tax purposes and $2,990 is non-deductible for income tax purposes for these acquisitions.

FW Murphy

On December 4, 2023, the Company acquired 100% of the assets, and assumed certain liabilities, of the FW Murphy Production Controls business ("FW Murphy"), a provider of control and optimization solutions for the reciprocating compression industry, for $526,457. The FW Murphy acquisition strengthens the Company's position in compression technologies for natural gas and clean energy applications, and adds complementary offerings within the Pumps & Process Solutions segment. In connection with this acquisition, the Company recorded goodwill of $224,771 and intangible assets of $254,000 for customer intangibles, $11,100 for unpatented technology and $10,400 for trademarks. The fair value for customer intangibles at the acquisition date was determined using the multi-period excess earnings method under the income approach. The fair value measurements of intangible assets are based on significant unobservable inputs, and thus represent Level 3 inputs. Significant assumptions used in assessing the fair values of intangible assets include discounted future cash flows, customer attrition rates and discount rates.

The following presents the allocation of purchase price to the assets acquired and liabilities assumed in the FW Murphy acquisition, based on their estimated fair values at acquisition date:


	Total
Current assets	$	26,564



Goodwill	224,771
Intangible assets	275,500
Other assets and deferred charges	9,508
Current liabilities	(1,316)
Non-current liabilities	(8,570)
Net assets acquired	$	526,457

Other Acquisitions

On August 28, 2023, the Company acquired 100% of the equity interest in the Arc Pacific group ("Arc Pacific"), a global supplier of can washers, dry-off, pin and internal bake ovens for the metal packaging industry, for $8,833, net of cash acquired and inclusive of contingent consideration. The Arc Pacific acquisition extends the Company's reach into can processing equipment production within the Climate & Sustainability Technologies segment. In connection with this acquisition, the Company recorded goodwill of $2,990 and intangible assets of $7,670, primarily related to customer intangibles.

The amounts assigned to goodwill and major intangible asset classifications for all 2023 acquisitions were as follows:


	Amount Allocated		Weighted Average Useful Life (in years)
Goodwill - deductible	$	224,771	na
Goodwill - non-deductible	2,990		na
Customer intangibles	259,700		15

Unpatented technology	12,510		8
Trademarks	10,960		15

	$	510,931	15

- Definition

The entire disclosure for business combination.

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+ Details

Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value of Derivative Instruments and the Balance Sheet Lines in Which They Are Recorded

The following table sets forth the fair values of derivative instruments held by the Company as of December 31, 2025 and 2024 and the balance sheet lines in which they are recorded:


	Fair Value Asset (Liability)
	December 31, 2025		December 31, 2024		Balance Sheet Caption
Foreign currency forward	$	647	$	2,258	Prepaid and other current assets
Foreign currency forward	(654)		(888)		Other accrued expenses

Schedule of Other Comprehensive Earnings for the Gains (Losses) on Net Investment Hedges

Amounts recognized in other comprehensive earnings for the gains (losses) on net investment hedges were as follows:


	2025		2024		2023
(Loss) gain on euro-denominated debt	$	(154,778)	$	66,789	$	(45,805)


Loss on currency forward contract	(14,768)		—		—
(Loss) gain on net investment hedges	(169,546)		66,789		(45,805)
Tax benefit (expense)	38,237		(14,996)		10,438
Net (loss) gain on net investment hedges, net of tax	$	(131,309)	$	51,793	$	(35,367)

Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents the Company’s assets and liabilities measured at fair value on a recurring basis as of December 31, 2025 and 2024:


	December 31, 2025		December 31, 2024
	Level 2			Level 2
Assets:
Foreign currency cash flow hedges	$	647		$	2,258
Liabilities:
Foreign currency cash flow hedges	654			888

Goodwill and Other Intangible Assets - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Acquisitions	$ 367,130	$ 337,251
Measurement period adjustments	$ 4,489	598
Fair value discount rate, percent	9.80%
Intangible assets	$ 340,958
Amortization expense	$ 210,326	$ 183,393	$ 153,775

- Definition

The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets.

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+ Details

Income Taxes - Schedule of Income Taxes Paid by Jurisdiction (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2025 USD ($)
Effective Income Tax Rate Reconciliation [Line Items]
United States – federal	$ 131,106
United States - state and local	38,292
Total	307,068
China
Effective Income Tax Rate Reconciliation [Line Items]
Foreign	23,322
Other
Effective Income Tax Rate Reconciliation [Line Items]
Foreign	$ 114,348

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Amount
U.S. federal income tax rate	$ 288,578
State and local taxes, net of federal income tax benefit	15,611
Other	(24)
Enactment of new tax laws	4,414
Foreign-derived intangible income	(15,814)
Other	1,467
Tax credits	(7,308)
Change in valuation allowance	0
Non-taxable or non-deductible items	(26)
Changes in unrecognized tax benefits	4,473
Capital loss	(34,853)
Provision for income taxes	$ 276,823	$ 357,048	$ 179,136
Percent
U.S. federal income tax rate	21.00%	21.00%	21.00%
State and local taxes, net of federal income tax benefit	1.10%	1.00%	1.50%
Foreign operations tax effect		0.60%	0.50%
Other	0.00%
Enactment of new tax laws	0.30%
Foreign-derived intangible income	(1.20%)	(1.00%)	(1.50%)
Other	0.10%
Share awards		(0.30%)	(0.40%)
Withholding tax		0.001	0.027
Tax credits	(0.50%)	(0.40%)	(0.60%)
Change in valuation allowance	0.00%	(0.40%)	(6.20%)
Non-taxable or non-deductible items	0.00%
Changes in unrecognized tax benefits	0.30%
Capital loss	(2.50%)
Dispositions		0.60%	0.00%
Audit resolutions		(0.20%)	(0.70%)
Other		(0.70%)	(0.30%)
Effective tax rate	20.10%	20.30%	16.00%
Switzerland:
Amount
Statutory tax rate differential	$ (15,059)
Other	$ 10,135
Percent
Foreign operations tax effect	(1.10%)
Other	0.70%
Other
Amount
Statutory tax rate differential	$ 25,229
Percent
Foreign operations tax effect	1.80%

Employee Benefit Plans - Schedule of Plan Assets by Asset Category (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Level 3
Defined Benefit Plan Disclosure [Line Items]
Total investments	$ 30,704	$ 21,658	$ 18,652
United States \| Qualified Defined Benefits
Defined Benefit Plan Disclosure [Line Items]
Total investments	374,393	371,966
Total investments at fair value	199,360	252,561
United States \| Qualified Defined Benefits \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments at fair value	3,292	3,189
United States \| Qualified Defined Benefits \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments at fair value	196,068	249,372
United States \| Qualified Defined Benefits \| Corporate bonds
Defined Benefit Plan Disclosure [Line Items]
Total investments	109,284	196,492
United States \| Qualified Defined Benefits \| Corporate bonds \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments	0	0
United States \| Qualified Defined Benefits \| Corporate bonds \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments	109,284	196,492
United States \| Qualified Defined Benefits \| Government securities
Defined Benefit Plan Disclosure [Line Items]
Total investments	86,784	52,880
United States \| Qualified Defined Benefits \| Government securities \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments	0	0
United States \| Qualified Defined Benefits \| Government securities \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments	86,784	52,880
United States \| Qualified Defined Benefits \| Interest-bearing cash and short-term investments
Defined Benefit Plan Disclosure [Line Items]
Total investments	3,292	3,189
United States \| Qualified Defined Benefits \| Interest-bearing cash and short-term investments \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments	3,292	3,189
United States \| Qualified Defined Benefits \| Interest-bearing cash and short-term investments \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments	0	0
United States \| Qualified Defined Benefits \| Collective funds
Defined Benefit Plan Disclosure [Line Items]
Total investments	166,388	110,020
United States \| Qualified Defined Benefits \| Short-term investment funds
Defined Benefit Plan Disclosure [Line Items]
Total investments	8,645	9,385
Foreign Plan \| Qualified Defined Benefits
Defined Benefit Plan Disclosure [Line Items]
Total investments	212,764	176,230
Total investments at fair value	165,233	132,642
Foreign Plan \| Qualified Defined Benefits \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments at fair value	91,107	71,478
Foreign Plan \| Qualified Defined Benefits \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments at fair value	43,422	39,506
Foreign Plan \| Qualified Defined Benefits \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Total investments at fair value	30,704	21,658
Foreign Plan \| Qualified Defined Benefits \| Collective funds
Defined Benefit Plan Disclosure [Line Items]
Total investments	46,016	39,339
Foreign Plan \| Qualified Defined Benefits \| Common stocks
Defined Benefit Plan Disclosure [Line Items]
Total investments	73,330	56,976
Foreign Plan \| Qualified Defined Benefits \| Common stocks \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments	73,330	56,976
Foreign Plan \| Qualified Defined Benefits \| Common stocks \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments	0	0
Foreign Plan \| Qualified Defined Benefits \| Common stocks \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Total investments	0	0
Foreign Plan \| Qualified Defined Benefits \| Fixed income investments
Defined Benefit Plan Disclosure [Line Items]
Total investments	40,023	35,936
Foreign Plan \| Qualified Defined Benefits \| Fixed income investments \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments	0	0
Foreign Plan \| Qualified Defined Benefits \| Fixed income investments \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments	40,023	35,936
Foreign Plan \| Qualified Defined Benefits \| Fixed income investments \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Total investments	0	0
Foreign Plan \| Qualified Defined Benefits \| Mutual funds
Defined Benefit Plan Disclosure [Line Items]
Total investments	13,457	12,118
Foreign Plan \| Qualified Defined Benefits \| Mutual funds \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments	13,457	12,118
Foreign Plan \| Qualified Defined Benefits \| Mutual funds \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments	0	0
Foreign Plan \| Qualified Defined Benefits \| Mutual funds \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Total investments	0	0
Foreign Plan \| Qualified Defined Benefits \| Cash and cash equivalents
Defined Benefit Plan Disclosure [Line Items]
Total investments	4,320	2,384
Foreign Plan \| Qualified Defined Benefits \| Cash and cash equivalents \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments	4,320	2,384
Foreign Plan \| Qualified Defined Benefits \| Cash and cash equivalents \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments	0	0
Foreign Plan \| Qualified Defined Benefits \| Cash and cash equivalents \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Total investments	0	0
Foreign Plan \| Qualified Defined Benefits \| Other
Defined Benefit Plan Disclosure [Line Items]
Total investments	34,103	25,228
Foreign Plan \| Qualified Defined Benefits \| Other \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments	0	0
Foreign Plan \| Qualified Defined Benefits \| Other \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments	3,399	3,570
Foreign Plan \| Qualified Defined Benefits \| Other \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Total investments	30,704	21,658
Foreign Plan \| Qualified Defined Benefits \| Other
Defined Benefit Plan Disclosure [Line Items]
Total investments	$ 1,515	$ 4,249

Equity and Cash Incentive Program - Schedule of Activity Relating to SARs and Stock Options (Details) - Stock Appreciation Rights (SARs) - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Number of Shares
Outstanding, beginning balance (in shares)	2,401,646
Granted (in shares)	283,837	355,685	359,715
Forfeited/expired (in shares)	(32,034)
Exercised (in shares)	(212,491)
Outstanding, ending balance (in shares)	2,440,958	2,401,646
Exercisable (in shares)	1,532,708
Weighted Average Exercise Price
Beginning balance (in dollars per share)	$ 119.11
Granted (in dollars per share)	202.33	$ 160.11	$ 153.25
Forfeited/Expired (in dollars per share)	167.43
Exercised (in dollars per share)	80.28
Ending balance (in dollars per share)	131.53	$ 119.11
Weighted Average Exercise Price, Exercisable (in dollars per share)	$ 108.33
Weighted Average Remaining Contractual Term (Years)
Outstanding, Weighted Average Remaining Contractual Term (Years)	5 years 4 months 24 days
Exercisable, Weighted Average Remaining Contractual Term (Years)	3 years 9 months 18 days
Outstanding, Aggregate Intrinsic Value	$ 157,469
Exercisable, Aggregate Intrinsic Value	$ 133,215

Earnings per Share - Narrative (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Earnings Per Share [Abstract]
Weighted average number of anti-dilutive potential common shares excluded from reconciliation calculations (in shares)	41	48	48

Leases

12 Months Ended

Dec. 31, 2025

Leases [Abstract]

Leases

7. Leases

The Company's ROU assets and lease liabilities are discussed in Note 1 — Description of Business and Summary of Significant Accounting Policies.

The components of lease costs were as follows:


	Years Ended December 31,
	2025		2024		2023
Operating Lease Costs:
Fixed	$	66,752	$	61,464	$	57,409
Variable	9,346		8,890		8,243
Short-term	21,718		20,564		20,550
Total(1)	$	97,816	$	90,918	$	86,202

(1) Finance lease cost and sublease income were immaterial.

Supplemental cash flow information related to leases was as follows:


	Years Ended December 31,
	2025		2024		2023

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	65,302	$	63,093	$	57,607
Operating cash flows for finance leases	479		443		318
Financing cash flows for finance leases	5,347		4,316		3,231
Total	$	71,128	$	67,852	$	61,156
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	48,143	$	49,021	$	50,997
Financing leases	3,197		4,469		3,539
Total	$	51,340	$	53,490	$	54,536

Supplemental balance sheet information related to leases was as follows:


	December 31, 2025		December 31, 2024

Operating Leases
Right-of-use assets:
Other assets and deferred charges	$	229,003	$	208,379

Lease liabilities:
Other accrued expenses	$	52,366	$	49,646
Other liabilities	194,465		174,905
Total operating lease liabilities	$	246,831	$	224,551

Finance Leases
Right-of-use assets:


Property, plant and equipment, net (1)	$	10,422	$	9,044

Lease liabilities:
Other accrued expenses	$	4,504	$	3,543
Other liabilities	5,145		5,603
Total finance lease liabilities	$	9,649	$	9,146

(1) Finance lease right-of-use assets are recorded net of accumulated depreciation of $16,924 and $12,378 for the years ended December 31, 2025 and December 31, 2024, respectively.

The aggregate future lease payments for operating and finance leases as of December 31, 2025 were as follows:


	Operating		Finance
2026	$	61,264	$	5,554
2027	51,905		3,229
2028	41,714		1,558
2029	31,026		527
2030	23,745		145
Thereafter	79,795		14
Total lease payments	289,449		11,027
Less interest	(42,618)		(1,378)
Present value of lease liabilities	$	246,831	$	9,649

Average lease terms and discount rates were as follows:


	December 31, 2025		December 31, 2024		December 31, 2023
Weighted-average remaining lease term (years)
Operating leases	7.0		6.9		7.2
Finance leases	2.5		2.7		3.0
Weighted-average discount rate
Operating leases	4.2	%	4.1	%	4.0	%
Finance leases	4.2	%	4.2	%	3.9	%

Leases

7. Leases

The Company's ROU assets and lease liabilities are discussed in Note 1 — Description of Business and Summary of Significant Accounting Policies.

The components of lease costs were as follows:


	Years Ended December 31,
	2025		2024		2023
Operating Lease Costs:
Fixed	$	66,752	$	61,464	$	57,409
Variable	9,346		8,890		8,243
Short-term	21,718		20,564		20,550
Total(1)	$	97,816	$	90,918	$	86,202

(1) Finance lease cost and sublease income were immaterial.

Supplemental cash flow information related to leases was as follows:


	Years Ended December 31,
	2025		2024		2023

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	65,302	$	63,093	$	57,607
Operating cash flows for finance leases	479		443		318
Financing cash flows for finance leases	5,347		4,316		3,231
Total	$	71,128	$	67,852	$	61,156
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	48,143	$	49,021	$	50,997
Financing leases	3,197		4,469		3,539
Total	$	51,340	$	53,490	$	54,536

Supplemental balance sheet information related to leases was as follows:


	December 31, 2025		December 31, 2024

Operating Leases
Right-of-use assets:
Other assets and deferred charges	$	229,003	$	208,379

Lease liabilities:
Other accrued expenses	$	52,366	$	49,646
Other liabilities	194,465		174,905
Total operating lease liabilities	$	246,831	$	224,551

Finance Leases
Right-of-use assets:


Property, plant and equipment, net (1)	$	10,422	$	9,044

Lease liabilities:
Other accrued expenses	$	4,504	$	3,543
Other liabilities	5,145		5,603
Total finance lease liabilities	$	9,649	$	9,146

(1) Finance lease right-of-use assets are recorded net of accumulated depreciation of $16,924 and $12,378 for the years ended December 31, 2025 and December 31, 2024, respectively.

The aggregate future lease payments for operating and finance leases as of December 31, 2025 were as follows:


	Operating		Finance
2026	$	61,264	$	5,554
2027	51,905		3,229
2028	41,714		1,558
2029	31,026		527
2030	23,745		145
Thereafter	79,795		14
Total lease payments	289,449		11,027
Less interest	(42,618)		(1,378)
Present value of lease liabilities	$	246,831	$	9,649

Average lease terms and discount rates were as follows:


	December 31, 2025		December 31, 2024		December 31, 2023
Weighted-average remaining lease term (years)
Operating leases	7.0		6.9		7.2
Finance leases	2.5		2.7		3.0
Weighted-average discount rate
Operating leases	4.2	%	4.1	%	4.0	%
Finance leases	4.2	%	4.2	%	3.9	%

Segment Information - Schedule of Revenue Disaggregated by Geography based on the Location (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	$ 8,092,571	$ 7,745,909	$ 7,684,476
Long-lived assets	1,119,623	987,924
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	4,400,499	4,201,427	3,970,828
Long-lived assets	646,934	599,090
Europe
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	1,768,813	1,676,209	1,756,999
Long-lived assets	381,436	302,129
Asia
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	900,210	832,764	923,890
Long-lived assets	56,427	57,113
Other Americas
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	707,520	729,709	671,162
Long-lived assets	31,733	26,431
Other
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	315,529	305,800	$ 361,597
Long-lived assets	$ 3,093	$ 3,161

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
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+ Details

Other Accrued Expenses and Other Liabilities (Tables)

12 Months Ended

Dec. 31, 2025

Accrued Liabilities and Other Liabilities [Abstract]

Schedule of Major Components of Other Accrued Expenses

The following table details the major components of other accrued expenses:


	December 31, 2025		December 31, 2024

Accrued rebates and volume discounts	$	55,666	$	52,067
Operating lease liabilities	52,366		49,646
Taxes other than income	45,136		39,486
Warranty	38,239		36,503
Accrued interest	22,363		20,620
Restructuring and exit costs	18,594		18,466
Accrued commissions (non-employee)	11,985		12,243



Other	107,704		106,295
Total other accrued expenses	$	352,053	$	335,326

Schedule of Major Components of Other Liabilities

The following table details the major components of other liabilities (non-current):


	December 31, 2025		December 31, 2024
Operating lease liabilities	$	194,465	$	174,905
Deferred compensation	84,272		88,464

Defined benefit and other postretirement benefit plans	84,019		87,019
Unrecognized tax benefits	57,427		53,927
Legal and environmental	26,167		26,045
Deferred revenue	4,427		4,452
Warranty	7,619		5,552

Other	24,669		30,763
Total other liabilities	$	483,065	$	471,127

Schedule of Carrying Amount of Product Warranties

Warranty

Estimated warranty program claims are provided for at the time of sale. Amounts provided for are based on historical costs and adjusted for new claims. The changes in the carrying amount of product warranties were as follows:


	Years Ended December 31,
	2025		2024		2023
Balance at January 1	$	42,055	$	42,243	$	43,056
Provision for warranties	51,130		55,442		49,708
Settlements made	(51,596)		(52,562)		(50,769)
Other adjustments, including acquisitions and currency translation	4,269		(3,068)		248
Balance at December 31	$	45,858	$	42,055	$	42,243

Other Accrued Expenses and Other Liabilities - Schedule of Major Components of Other Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Accrued Liabilities and Other Liabilities [Abstract]
Operating lease liabilities	$ 194,465	$ 174,905
Deferred compensation	84,272	88,464
Defined benefit and other postretirement benefit plans	84,019	87,019
Unrecognized tax benefits	57,427	53,927
Legal and environmental	26,167	26,045
Deferred revenue	7,619	5,552
Warranty	4,427	4,452	$ 7,098
Other	24,669	30,763
Other liabilities	$ 483,065	$ 471,127

Goodwill and Other Intangible Assets - Schedule of Intangibles and Amortization Expense (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Finite-Lived Intangible Assets [Line Items]
Gross Amount	$ 3,656,696	$ 3,208,767
Accumulated Amortization	1,993,812	1,724,390
Net Carrying Amount	1,662,884	1,484,377
Unamortized intangible assets:	96,732
Total, Gross Carrying Amount	3,753,428	3,305,244
Total, Net Carrying Amount	1,759,616	1,580,854
Trademarks
Finite-Lived Intangible Assets [Line Items]
Unamortized intangible assets:	96,732	96,477
Customer intangibles
Finite-Lived Intangible Assets [Line Items]
Gross Amount	2,663,551	2,343,823
Accumulated Amortization	1,369,528	1,174,195
Net Carrying Amount	1,294,023	1,169,628
Trademarks
Finite-Lived Intangible Assets [Line Items]
Gross Amount	311,501	283,216
Accumulated Amortization	180,564	156,745
Net Carrying Amount	130,937	126,471
Patents
Finite-Lived Intangible Assets [Line Items]
Gross Amount	197,671	201,828
Accumulated Amortization	148,694	146,271
Net Carrying Amount	48,977	55,557
Unpatented technologies
Finite-Lived Intangible Assets [Line Items]
Gross Amount	369,832	277,945
Accumulated Amortization	203,960	169,310
Net Carrying Amount	165,872	108,635
Distributor relationships
Finite-Lived Intangible Assets [Line Items]
Gross Amount	85,840	79,855
Accumulated Amortization	75,919	66,469
Net Carrying Amount	9,921	13,386
Other
Finite-Lived Intangible Assets [Line Items]
Gross Amount	28,301	22,100
Accumulated Amortization	15,147	11,400
Net Carrying Amount	$ 13,154	$ 10,700

Stockholders' Equity	12 Months Ended
Stockholders' Equity	Dec. 31, 2025
Equity [Abstract]
Stockholders' Equity	21. Stockholders' Equity Share Repurchases In November 2020, the Company's Board of Directors approved a standing share repurchase authorization whereby the Company was authorized to repurchase up to 20 million shares beginning on January 1, 2021 through December 31, 2023. In August 2023, the Company's Board of Directors approved a standing share repurchase authorization whereby the Company may repurchase up to 20 million shares beginning on January 1, 2024 through December 31, 2026. This share repurchase authorization replaced the November 2020 share repurchase authorization. On February 29, 2024, the Company entered into a $500,000 accelerated share repurchase agreement (the "2024 ASR Agreement") with Citibank, N.A. ("Citibank") to repurchase its shares in an accelerated share repurchase program (the "2024 ASR Program"). The 2024 ASR Program is classified as equity, initially recorded at fair value with no subsequent remeasurement. The Company conducted the 2024 ASR Program under the current share repurchase authorization. The Company funded the 2024 ASR Program with net proceeds from commercial paper. Under the terms of the 2024 ASR Agreement, the Company paid Citibank $500,000 on March 1, 2024 and on that date received initial delivery of 2,569,839 shares, representing a substantial majority of the shares expected to be retired over the course of the 2024 ASR Program. In July 2024, Citibank delivered 299,443 additional shares which completed the 2024 ASR Program totaling 2,869,282 repurchased shares. The total number of shares ultimately repurchased under the 2024 ASR Program was based on the volume-weighted average share price of Dover's common stock during the calculation period of the 2024 ASR Program, less a discount, which was $174.26 over the term of the ASR Program. On November 10, 2025, the Company entered into a $500,000 accelerated share repurchase agreement (the "2025 ASR Agreement") with JP Morgan Chase Bank, N.A. ("JP Morgan") to repurchase its shares in an accelerated share repurchase program (the "2025 ASR Program"). The 2025 ASR Program is classified as equity, initially recorded at fair value with no subsequent remeasurement. The Company is conducting the 2025 ASR Program under the current share repurchase authorization. The Company funded the 2025 ASR Program with cash on hand. Under the terms of the 2025 ASR Agreement, the Company paid JP Morgan $500,000 on November 12, 2025, and on that date received initial delivery of 2,334,010 shares, representing a substantial majority of the shares expected to be retired over the course of the 2025 ASR Program. The total number of shares ultimately repurchased under the 2025 ASR Program will be based on the average of the daily volume-weighted average share price of Dover's common stock during the calculation period of the 2025 ASR Program, less a discount and subject to potential adjustments pursuant to the terms of the 2025 ASR Program. The 2025 ASR Program is scheduled to be completed in the second quarter of 2026, but is subject to early termination in certain circumstances. The impact of any shares that may be received at the completion of the 2025 ASR Program is anti-dilutive and therefore excluded from the calculation of diluted earnings per share. The actual number of shares repurchased will be determined at the completion of the 2025 ASR Program. During the year ended December 31, 2025, exclusive of the 2025 ASR Program, the Company repurchased 200,000 shares of common stock at a total cost of $40,700 or $203.50 per share. During the years ended December 31, 2024, and 2023, exclusive of any ASR Programs, there were no share repurchases. As of December 31, 2025, 14,596,708 shares remain authorized for repurchase under the August 2023 share repurchase authorization.

- Definition

The entire disclosure for equity.

+ References

+ Details

Restructuring Activities - Schedule of Restructuring Charges by Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Restructuring Cost and Reserve [Line Items]
Restructuring	$ 56,743	$ 69,810	$ 49,901
Cost of goods and services
Restructuring Cost and Reserve [Line Items]
Restructuring	$ 32,092	$ 37,993	$ 19,352
Restructuring Charges, Statement of Income or Comprehensive Income [Extensible Enumeration]	Cost of goods and services	Cost of goods and services	Cost of goods and services
Selling, general and administrative expenses
Restructuring Cost and Reserve [Line Items]
Restructuring	$ 24,651	$ 31,817	$ 30,549
Restructuring Charges, Statement of Income or Comprehensive Income [Extensible Enumeration]	Selling, general and administrative expenses	Selling, general and administrative expenses	Selling, general and administrative expenses
Corporate
Restructuring Cost and Reserve [Line Items]
Restructuring	$ 1,110	$ 992	$ 2,444
Engineered Products \| Total segments
Restructuring Cost and Reserve [Line Items]
Restructuring	4,983	7,847	8,976
Clean Energy & Fueling \| Total segments
Restructuring Cost and Reserve [Line Items]
Restructuring	13,755	30,858	20,336
Imaging & Identification \| Total segments
Restructuring Cost and Reserve [Line Items]
Restructuring	4,652	9,960	5,918
Pumps & Process Solutions \| Total segments
Restructuring Cost and Reserve [Line Items]
Restructuring	9,735	4,956	7,686
Climate & Sustainability Technologies \| Total segments
Restructuring Cost and Reserve [Line Items]
Restructuring	$ 22,508	$ 15,197	$ 4,541

Discontinued and Disposed Operations (Tables)

12 Months Ended

Dec. 31, 2025

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Company Discontinued Operation And Assets and Liabilities Classified as Held for Sale

Summarized results of the Company's discontinued operations are as follows:


	Years Ended December 31,
	2025		2024 (1)		2023
Revenue	$	—	$	678,415	$	753,658
Cost of goods and services	—		479,671		536,569
Gross profit	—		198,744		217,089
Selling, general and administrative expenses	—		68,677		70,086

Operating earnings	—		130,067		147,003


Loss (gain) on disposition	13,662		(1,640,948)		—
Other expense (income), net	—		704		(3)
(Loss) earnings from discontinued operations before provision for income taxes	(13,662)		1,770,311		147,006
(Benefit) provision for income taxes	(10,189)		473,153		34,042
(Loss) earnings from discontinued operations, net	$	(3,473)	$	1,297,158	$	112,964

(1) Reflects the results of the ESG business through the date of disposition on October 8th, 2024.

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

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-Name Accounting Standards Codification
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+ Details

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2025	Dec. 31, 2024
Statement of Financial Position [Abstract]
Preferred stock, par value per share (in dollars per share)	$ 100	$ 100
Preferred stock, shares authorized (in shares)	100,000	100,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value per share (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	500,000,000	500,000,000
Common stock, shares issued (in shares)	260,194,888	260,031,000
Treasury stock, shares (in shares)	125,348,563	122,814,553

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parentheticals) - $ / shares	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Statement of Stockholders' Equity [Abstract]
Common stock, par value per share (in dollars per share)	$ 1	$ 1	$ 1
Dividends paid per common share (in dollars per share)	$ 2.07	$ 2.05	$ 2.03

Income Taxes - Narrative (Details) $ in Thousands	Dec. 31, 2025 USD ($)
Operating Loss Carryforwards [Line Items]
Non-U.S. operating loss carryforwards	$ 304,941
Deferred tax assets related to U.S. federal and state tax loss and tax credit carryforward	81,922
Foreign Tax Jurisdiction
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards subject to expiration	122,742
Operating loss carryforward not subject to expiration	182,199
Domestic Tax Jurisdiction
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards subject to expiration	78,970
Operating loss carryforward not subject to expiration	$ 2,952

CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Income Statement [Abstract]
Revenue	$ 8,092,571	$ 7,745,909	$ 7,684,476
Cost of goods and services	4,874,402	4,787,288	4,816,932
Gross profit	3,218,169	2,958,621	2,867,544
Selling, general and administrative expenses	1,844,808	1,752,266	1,648,204
Operating earnings	1,373,361	1,206,355	1,219,340
Interest expense	109,772	131,171	131,304
Interest income	(73,032)	(37,158)	(13,496)
Gain on dispositions	(4,644)	(597,798)	0
Other income, net	(32,987)	(46,876)	(21,468)
Earnings before provision for income taxes	1,374,252	1,757,016	1,123,000
Provision for income taxes	276,823	357,048	179,136
Earnings from continuing operations	1,097,429	1,399,968	943,864
(Loss) earnings from discontinued operations, net	(3,473)	1,297,158	112,964
Net earnings	$ 1,093,956	$ 2,697,126	$ 1,056,828
Earnings per share from continuing operations:
Earnings from continuing operations (in dollars per share)	$ 8.01	$ 10.16	$ 6.75
Earnings from continuing operations (in dollars per share)	7.97	10.09	6.71
(Loss) earnings per share from discontinued operations:
Earnings from discontinued operations, net (in dollars per share)	(0.03)	9.42	0.81
Earnings from discontinued operations, net (in dollars per share)	(0.03)	9.35	0.80
Net earnings per share:
Basic (in dollars per share)	7.99	19.58	7.56
Diluted (in dollars per share)	$ 7.94	$ 19.45	$ 7.52
Weighted average shares outstanding:
Basic (in shares)	136,935	137,735	139,848
Diluted (in shares)	137,777	138,696	140,599

Income Taxes - Schedule of Valuation Allowance (Details) - Deferred Tax Valuation Allowance - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	$ 198,082	$ 209,931	$ 271,203
Additions	25,027	27,192	31,388
Reductions	(13,161)	(39,041)	(92,660)
Balance at End of Year	$ 209,948	$ 198,082	$ 209,931

Acquisitions - Schedule of Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Business Combination [Line Items]
Goodwill	$ 5,430,038	$ 4,905,702	$ 4,637,564
Intangible assets	$ 340,958
Series of individually immaterial acquistions
Business Combination [Line Items]
Weighted Average Useful Life (in years)	14 years	14 years	15 years
Goodwill	$ 16,614	$ 149,328
Goodwill - non-deductible	350,516	323,063	$ 2,990
Intangible assets		146,138
Expected goodwill deducible amount		14,188	224,771
Goodwill and intangible assets	$ 708,088	$ 677,489	$ 510,931
Series of individually immaterial acquistions \| Customer intangibles
Business Combination [Line Items]
Weighted Average Useful Life (in years)	15 years	14 years	15 years
Intangible assets	$ 242,626	$ 282,915	$ 259,700
Series of individually immaterial acquistions \| Unpatented technologies
Business Combination [Line Items]
Weighted Average Useful Life (in years)	11 years	7 years	8 years
Intangible assets	$ 79,802	$ 38,401	$ 12,510
Series of individually immaterial acquistions \| Trademarks
Business Combination [Line Items]
Weighted Average Useful Life (in years)	15 years	15 years	15 years
Intangible assets	$ 18,530	$ 18,922	$ 10,960

Employee Benefit Plans - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan expense	$ 69,776	$ 61,384	$ 56,597
Accumulated benefit obligations	562,985	547,719
United States \| Qualified Defined Benefits
Defined Benefit Plan Disclosure [Line Items]
Estimated future employer contributions in next fiscal year	0
United States \| Qualified Defined Benefits \| Qualified Defined Benefits
Defined Benefit Plan Disclosure [Line Items]
Total assets (liabilities)	90,536	81,210
Accumulated benefit obligations	283,857	290,756
United States \| Non-Qualified Supplemental Benefits
Defined Benefit Plan Disclosure [Line Items]
Estimated future employer contributions in next fiscal year	4,600
Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Estimated future employer contributions in next fiscal year	9,900
Foreign Plan \| Qualified Defined Benefits \| Qualified Defined Benefits
Defined Benefit Plan Disclosure [Line Items]
Total assets (liabilities)	(56,044)	(65,201)
Accumulated benefit obligations	$ 260,636	$ 233,921

Stockholders' Equity (Details) - USD ($) $ / shares in Units, $ in Thousands			1 Months Ended	5 Months Ended	12 Months Ended
	Nov. 12, 2025	Mar. 01, 2024	Jul. 31, 2024	Jul. 31, 2024	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	Nov. 10, 2025	Aug. 31, 2024	Feb. 29, 2024	Nov. 30, 2020
Schedule of share repurchases [Line Items]
Repurchase of common stock					$ 540,700	$ 500,000	$ 0
August 2023 Authorization
Schedule of share repurchases [Line Items]
Number of shares authorized to be repurchased (in shares)									20,000,000		20,000,000
Number of shares repurchased (in shares)					200,000
Repurchase price (in dollars per share)					$ 203.5
Repurchase of common stock					$ 40,700
Remaining number of shares authorized to be repurchased (in shares)					14,596,708
February 2024 ASR Agreement
Schedule of share repurchases [Line Items]
Payment for ASR agreement		$ 500,000								$ 500,000
Number of shares repurchased (in shares)		2,569,839	299,443	2,869,282
Repurchase price (in dollars per share)				$ 174.26
November 2025 ASR Agreement
Schedule of share repurchases [Line Items]
Payment for ASR agreement								$ 500,000
Number of shares repurchased (in shares)	2,334,010

Other Accrued Expenses and Other Liabilities

12 Months Ended

Dec. 31, 2025

Accrued Liabilities and Other Liabilities [Abstract]

Other Accrued Expenses and Other Liabilities

10. Other Accrued Expenses and Other Liabilities

The following table details the major components of other accrued expenses:


	December 31, 2025		December 31, 2024

Accrued rebates and volume discounts	$	55,666	$	52,067
Operating lease liabilities	52,366		49,646
Taxes other than income	45,136		39,486
Warranty	38,239		36,503
Accrued interest	22,363		20,620
Restructuring and exit costs	18,594		18,466
Accrued commissions (non-employee)	11,985		12,243



Other	107,704		106,295
Total other accrued expenses	$	352,053	$	335,326

The following table details the major components of other liabilities (non-current):


	December 31, 2025		December 31, 2024
Operating lease liabilities	$	194,465	$	174,905
Deferred compensation	84,272		88,464

Defined benefit and other postretirement benefit plans	84,019		87,019
Unrecognized tax benefits	57,427		53,927
Legal and environmental	26,167		26,045
Deferred revenue	4,427		4,452
Warranty	7,619		5,552

Other	24,669		30,763
Total other liabilities	$	483,065	$	471,127

Warranty


	Years Ended December 31,
	2025		2024		2023
Balance at January 1	$	42,055	$	42,243	$	43,056
Provision for warranties	51,130		55,442		49,708
Settlements made	(51,596)		(52,562)		(50,769)
Other adjustments, including acquisitions and currency translation	4,269		(3,068)		248
Balance at December 31	$	45,858	$	42,055	$	42,243

Borrowings (Tables)

12 Months Ended

Dec. 31, 2025

Debt Disclosure [Abstract]

Schedule of Short-Term Debt

Borrowings consist of the following:


	December 31, 2025		December 31, 2024
Short-term
Current portion of long-term debt	$	706,677	$	399,411

Other	—		645

Short-term borrowings and current portion of long-term debt	$	706,677	$	400,056

Schedule of Long-Term Debt


			Carrying amount (1)
	Principal		December 31, 2025		December 31, 2024
Long-term
3.15% 10-year notes due November 15, 2025	$	400,000	$	—	$	399,411
1.25% 10-year notes due November 9, 2026 (euro-denominated)	€	600,000	706,677		622,313
0.750% 8-year notes due November 4, 2027 (euro-denominated)	€	500,000	588,082		517,863
6.65% 30-year debentures due June 1, 2028	$	200,000	199,757		199,657
2.950% 10-year notes due November 4, 2029	$	300,000	298,544		298,166
3.50% 8-year notes due November 12, 2033 (euro-denominated)	€	550,000	642,927		—
5.375% 30-year debentures due October 15, 2035	$	300,000	297,557		297,308
6.60% 30-year notes due March 15, 2038	$	250,000	248,618		248,505
5.375% 30-year notes due March 1, 2041	$	350,000	345,810		345,534

Total long-term debt			$	3,327,972	$	2,928,757
Less current portion of long-term debt			(706,677)		(399,411)
Net long-term debt			$	2,621,295	$	2,529,346

Schedule of Future Maturities of Long-Term Debt

As of December 31, 2025, the future maturities of long-term debt were as follows:


	Future Maturities
2026	$	707,714
2027	589,762
2028	200,000
2029	300,000
2030	—
2031 and thereafter	1,548,738
Total	$	3,346,214

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
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-Paragraph 1
-Subparagraph (SX 210.5-02(22))
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+ Details

Leases - Schedule of Components of Lease Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Operating Lease Costs:
Fixed	$ 66,752	$ 61,464	$ 57,409
Variable	9,346	8,890	8,243
Short-term	21,718	20,564	20,550
Total	$ 97,816	$ 90,918	$ 86,202

Financial Instruments

12 Months Ended

Dec. 31, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Financial Instruments

13. Financial Instruments

Cash Flow Hedges

The Company is exposed to market risk for changes in foreign currency exchange rates due to the global nature of its operations and certain commodity risks. In order to manage these risks, the Company has hedged portions of its forecasted sales and purchases, which occur within the next twelve months that are denominated in non-functional currencies, with currency forward contracts designated as cash flow hedges. At December 31, 2025 and 2024, the Company had contracts with total notional amounts of $153,765 and $142,835, respectively, to exchange currencies, principally euro, pound sterling, Swedish krona, Canadian dollar, Chinese yuan, and Swiss franc. The Company believes it is probable that all forecasted cash flow transactions will occur.

In addition, the Company had outstanding contracts with a total notional amount of $74,403 and $75,784 as of December 31, 2025 and December 31, 2024, respectively, that are not designated as hedging instruments. These instruments are used to reduce the Company's exposure for operating receivables and payables that are denominated in non-functional currencies. Gains and losses on these contracts are recorded in other income, net in the consolidated statements of earnings.

The following table sets forth the fair values of derivative instruments held by the Company as of December 31, 2025 and 2024 and the balance sheet lines in which they are recorded:


	Fair Value Asset (Liability)
	December 31, 2025		December 31, 2024		Balance Sheet Caption
Foreign currency forward	$	647	$	2,258	Prepaid and other current assets
Foreign currency forward	(654)		(888)		Other accrued expenses

For a cash flow hedge, the change in estimated fair value of a hedging instrument is recorded in accumulated other comprehensive earnings (loss), net of tax as a separate component of the consolidated statements of stockholders' equity and is reclassified into revenues or cost of goods and services in the consolidated statements of earnings during the period in which the hedged transaction is settled. The amount of gains or losses from hedging activity recorded in earnings is not significant and the amount of unrealized gains and losses from cash flow hedges that are expected to be reclassified to earnings in the next twelve months is not significant; therefore, additional tabular disclosures are not presented. There are no amounts excluded from the assessment of hedge effectiveness, and the Company's derivative instruments that are subject to credit risk contingent features were not significant.

The Company is exposed to credit loss in the event of nonperformance by counterparties to the financial instrument contracts held by the Company; however, nonperformance by these counterparties is considered unlikely as the Company's policy is to contract with highly-rated, diversified counterparties.

Net Investment Hedges

The Company designates derivative and non-derivative instruments as net investment hedges to hedge the net assets of certain foreign subsidiaries which are exposed to volatility in foreign currency exchange rates. The Company has designated the €600,000, €500,000, and €550,000 of euro-denominated notes issued November 9, 2016, November 4, 2019, and November 12, 2025, respectively, as hedges of its net investment in euro-denominated operations. In May of 2025, the Company entered into a €550,000 currency forward contract designated as a net investment hedge for the duration of the contract. The forward contract settled in December of 2025.

Changes in the value of the euro-denominated debt and currency forward contract, which are calculated using the spot method, are recognized in foreign currency translation adjustments within other comprehensive earnings (loss) in the consolidated statements of comprehensive earnings. These changes in fair value of the euro-denominated debt and currency forward contract resulting from exchange rate differences are offset by changes in the net investment due to the high degree of effectiveness between the hedging instruments and the exposure being hedged.

Amounts recognized in other comprehensive earnings for the gains (losses) on net investment hedges were as follows:


	2025		2024		2023
(Loss) gain on euro-denominated debt	$	(154,778)	$	66,789	$	(45,805)


Loss on currency forward contract	(14,768)		—		—
(Loss) gain on net investment hedges	(169,546)		66,789		(45,805)
Tax benefit (expense)	38,237		(14,996)		10,438
Net (loss) gain on net investment hedges, net of tax	$	(131,309)	$	51,793	$	(35,367)

Fair Value Measurements

ASC 820, Fair Value Measurements and Disclosures, establishes a fair value hierarchy that requires the Company to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument's categorization within the hierarchy is based on the lowest level of input that is significant to the fair value measurement. ASC 820 establishes three levels of inputs that may be used to measure fair value as follows:

Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities.

Level 2 inputs include inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices in active markets for similar assets and liabilities, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of assets or liabilities.

Level 3 inputs are unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

The following table presents the Company’s assets and liabilities measured at fair value on a recurring basis as of December 31, 2025 and 2024:


	December 31, 2025		December 31, 2024
	Level 2			Level 2
Assets:
Foreign currency cash flow hedges	$	647		$	2,258
Liabilities:
Foreign currency cash flow hedges	654			888

The derivative contracts are measured at fair value using models based on observable market inputs such as foreign currency exchange rates and interest rates; therefore, they are classified within Level 2 of the fair value hierarchy.

In addition to fair value disclosure requirements related to financial instruments carried at fair value, accounting standards require disclosures regarding the fair value of all of the Company's financial instruments.

The estimated fair value of long-term debt at December 31, 2025 and 2024 was $2,652,750 and $2,492,535, respectively. The estimated fair value of long-term debt is based on quoted market prices for similar instruments and is, therefore, classified as Level 2 within the fair value hierarchy.

The carrying values of cash and cash equivalents, trade receivables, accounts payable, short-term borrowings and current portion of long-term debt approximate their fair values as of December 31, 2025 and 2024 due to the short-term nature of these instruments.

- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

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+ Details

Commitments and Contingent Liabilities	12 Months Ended
Commitments and Contingent Liabilities	Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	16. Commitments and Contingent Liabilities Guarantees The Company has provided typical indemnities in connection with sales of certain businesses and assets, including representations and warranties and related indemnities for environmental, health and safety, tax and employment matters. The Company does not have any material liabilities recorded for these indemnifications and is not aware of any claims or other information that would give rise to material payments under such indemnities. Litigation A few of the Company's subsidiaries are involved in legal proceedings relating to the cleanup of waste disposal sites identified under federal and state statutes which provide for the allocation of such costs among "potentially responsible parties." In each instance, the extent of the Company's liability appears to be relatively insignificant in relation to the total projected expenditures and the number of other "potentially responsible parties" involved and is anticipated to be immaterial to the Company. In addition, a few of the Company's subsidiaries are involved in ongoing remedial activities at certain current and former plant sites, in cooperation with regulatory agencies, and appropriate estimated liabilities have been established. At December 31, 2025 and December 31, 2024, these estimated liabilities for environmental and other matters, including private party claims for exposure to hazardous substances that are probable and estimable, were not significant. See Note 10 — Other Accrued Expenses and Other Liabilities for additional details. The Company and some of its subsidiaries are also parties to a number of other legal proceedings incidental to their businesses. These proceedings primarily involve claims by private parties alleging injury arising out of use of the Company's products, patent infringement, employment matters and commercial disputes. Management and legal counsel, at least quarterly, review the probable outcome of such proceedings, the costs and expenses reasonably expected to be incurred and currently accrued to-date and consider the availability and extent of insurance coverage. The Company has estimated liabilities for these other legal matters that are probable and estimable, and at December 31, 2025 and 2024, these estimated liabilities were immaterial. While it is not possible at this time to predict the outcome of these legal actions, in the opinion of management, based on the aforementioned reviews, the Company is not currently involved in any legal proceedings which, individually or in the aggregate, could have a material effect on its financial position, results of operations, or cash flows. See also Note 4 — Discontinued and Disposed Operations for details on litigation related to a discontinued operation.

Revenue - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
Revenue - Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Future performance obligation	$ 315,420
Revenue recognized during the period	$ 188,849	$ 182,846
Recognized at a point in time
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation (in percent)	95.00%
Recognized over time
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation (in percent)	5.00%
Minimum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
General range of payment terms	30 days
Maximum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
General range of payment terms	90 days
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation (in percent)	47.90%
Expected timing of performance obligation satisfaction	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation (in percent)	29.00%
Expected timing of performance obligation satisfaction

Property, Plant and Equipment, net (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 2,944,555	$ 2,633,824
Accumulated depreciation	(1,824,932)	(1,645,900)
Property, plant and equipment, net	1,119,623	987,924
Depreciation	169,251	154,449	$ 151,271
Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	68,650	62,270
Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	705,756	626,075
Machinery, equipment and other
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 2,170,149	$ 1,945,479

Leases - Schedule of Supplemental Balance Sheet Information Related To Leases (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Right-of-use assets:
Other assets and deferred charges	$ 229,003	$ 208,379
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other Assets, Noncurrent	Other Assets, Noncurrent
Lease liabilities:
Other accrued expenses	$ 52,366	$ 49,646
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Other accrued expenses	Other accrued expenses
Other liabilities	$ 194,465	$ 174,905
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other liabilities	Other liabilities
Total operating lease liabilities	$ 246,831	$ 224,551
Right-of-use assets:
Property and equipment, net	$ 10,422	$ 9,044
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization	Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization
Lease liabilities:
Other accrued expenses	$ 4,504	$ 3,543
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Other accrued expenses	Other accrued expenses
Other liabilities	$ 5,145	$ 5,603
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other liabilities	Other liabilities
Total finance lease liabilities	$ 9,649	$ 9,146
Accumulated depreciation	$ 16,924	$ 12,378

Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in the Carrying Value of Goodwill

The changes in the carrying value of goodwill by reportable operating segments were as follows:


	Engineered Products		Clean Energy & Fueling		Imaging & Identification		Pumps & Process Solutions		Climate & Sustainability Technologies		Total
Goodwill	$	425,849	$	1,409,302	$	1,092,960	$	1,268,541	$	511,473	$	4,708,125
Accumulated impairment loss (1)	(10,591)		—		—		(59,970)		—		(70,561)
Balance at January 1, 2024	415,258		1,409,302		1,092,960		1,208,571		511,473		4,637,564

Acquisitions	7,252		315,811		—		14,188		—		337,251
Measurement period adjustments	—		—		—		227		371		598

Foreign currency translation	(7,246)		(29,716)		(20,929)		(10,944)		(876)		(69,711)
Balance at December 31, 2024	415,264		1,695,397		1,072,031		1,212,042		510,968		4,905,702

Acquisitions	—		7,364		—		359,766		—		367,130
Measurement period adjustments	—		4,677		—		(188)		—		4,489

Foreign currency translation	15,543		51,601		47,577		35,640		2,356		152,717
Balance at December 31, 2025	$	430,807	$	1,759,039	$	1,119,608	$	1,607,260	$	513,324	$	5,430,038

(1) Accumulated impairment loss as of December 31, 2025 is not subject to foreign currency translation.

Schedule of Intangible Assets

The Company's definite-lived and indefinite-lived intangible assets by major asset class were as follows:


	December 31, 2025						December 31, 2024
	Gross Amount		Accumulated Amortization		Net Carrying Amount		Gross Amount		Accumulated Amortization		Net Carrying Amount
Amortized intangible assets:
Customer intangibles	$	2,663,551	$	1,369,528	$	1,294,023	$	2,343,823	$	1,174,195	$	1,169,628
Trademarks	311,501		180,564		130,937		283,216		156,745		126,471
Patents	197,671		148,694		48,977		201,828		146,271		55,557
Unpatented technologies	369,832		203,960		165,872		277,945		169,310		108,635
Distributor relationships	85,840		75,919		9,921		79,855		66,469		13,386

Other	28,301		15,147		13,154		22,100		11,400		10,700
Total	3,656,696		1,993,812		1,662,884		3,208,767		1,724,390		1,484,377
Unamortized intangible assets:
Trademarks	96,732		—		96,732		96,477		—		96,477
Total intangible assets, net	$	3,753,428	$	1,993,812	$	1,759,616	$	3,305,244	$	1,724,390	$	1,580,854

Schedule of Indefinite-lived Intangible Assets

The Company's definite-lived and indefinite-lived intangible assets by major asset class were as follows:


	December 31, 2025						December 31, 2024
	Gross Amount		Accumulated Amortization		Net Carrying Amount		Gross Amount		Accumulated Amortization		Net Carrying Amount
Amortized intangible assets:
Customer intangibles	$	2,663,551	$	1,369,528	$	1,294,023	$	2,343,823	$	1,174,195	$	1,169,628
Trademarks	311,501		180,564		130,937		283,216		156,745		126,471
Patents	197,671		148,694		48,977		201,828		146,271		55,557
Unpatented technologies	369,832		203,960		165,872		277,945		169,310		108,635
Distributor relationships	85,840		75,919		9,921		79,855		66,469		13,386

Other	28,301		15,147		13,154		22,100		11,400		10,700
Total	3,656,696		1,993,812		1,662,884		3,208,767		1,724,390		1,484,377
Unamortized intangible assets:
Trademarks	96,732		—		96,732		96,477		—		96,477
Total intangible assets, net	$	3,753,428	$	1,993,812	$	1,759,616	$	3,305,244	$	1,724,390	$	1,580,854

Schedule of Future Amortization Expense

Estimated future amortization expense related to intangible assets held at December 31, 2025 for the next five years is as follows:


	Estimated Amortization
2026	$	221,952
2027	215,867
2028	182,961
2029	171,082
2030	161,970

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 24
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482548/350-20-55-24

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
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-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
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-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
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-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef
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-URI https://asc.fasb.org/1943274/2147482573/350-20-50-2

+ Details

Segment Information - Schedule of Selected Financial Information By Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Capital expenditures:
Capital expenditures:	$ 220,263	$ 167,533	$ 183,406
Total assets	13,422,423	12,509,160
Corporate
Capital expenditures:
Capital expenditures:	6,933	4,825	6,280
Total assets	1,990,487	2,188,730
Engineered Products \| Total segments
Capital expenditures:
Capital expenditures:	25,609	21,353	17,457
Total assets	1,091,594	1,063,292
Clean Energy & Fueling \| Total segments
Capital expenditures:
Capital expenditures:	40,160	37,340	25,421
Total assets	3,607,567	3,601,573
Imaging & Identification \| Total segments
Capital expenditures:
Capital expenditures:	40,842	13,173	11,598
Total assets	1,827,454	1,749,028
Pumps & Process Solutions \| Total segments
Capital expenditures:
Capital expenditures:	57,218	55,397	60,860
Total assets	3,479,147	2,613,405
Climate & Sustainability Technologies \| Total segments
Capital expenditures:
Capital expenditures:	49,501	35,445	$ 61,790
Total assets	$ 1,426,174	$ 1,293,132

Employee Benefit Plans

12 Months Ended

Dec. 31, 2025

Retirement Benefits [Abstract]

Employee Benefit Plans

17. Employee Benefit Plans

The Company offers defined contribution retirement plans which cover the majority of its U.S. employees, as well as employees in certain other countries. The Company’s expense relating to defined contribution plans was $69,776, $61,384 and $56,597 for the years ended December 31, 2025, 2024 and 2023, respectively.

The Company sponsors qualified defined benefit pension plans covering certain employees of the Company and its subsidiaries. The plans' benefits are generally based on years of service and employee compensation. The Company also provides to certain management employees, through non-qualified plans, supplemental retirement benefits in excess of qualified plan limits imposed by federal tax law.

The U.S. qualified and non-qualified defined benefit plans were closed to new employees after December 31, 2013. All pension-eligible employees as of December 31, 2013 continued to earn a pension benefit through December 31, 2023 as long as they remained employed by the Company participating in the impacted plans. Effective January 1, 2024, the plans have been frozen for any future benefit accruals.

The Company also maintains other post-retirement benefit plans. These plans are closed to new entrants and are not considered to be significant. The supplemental and other post-retirement benefit plans are supported by the general assets of the Company.

Obligations and Funded Status


	Qualified Defined Benefits								Non-Qualified Supplemental Benefits
	U.S. Plan				Non-U.S. Plans
	2025		2024		2025		2024		2025		2024
Change in benefit obligation:
Benefit obligation at beginning of year	$	290,756	$	319,306	$	241,431	$	250,029	$	23,042	$	29,189
Service cost	—		—		6,409		4,853		—		—
Interest cost	15,669		15,810		6,231		6,091		1,078		1,359
Plan participants' contributions	—		—		2,751		2,481		—		—
Benefits paid	(31,970)		(27,725)		(11,344)		(8,477)		(5,523)		(4,188)
Actuarial loss (gain)(1)	9,402		(16,635)		(5,463)		3,288		634		(3,318)
Disposition	—		—		—		(4,226)		—		—
Amendments	—		—		—		(364)		—		—
Settlements and curtailments(2)	—		—		—		(2,118)		(739)		—
Currency translation and other	—		—		28,793		(10,126)		—		—

Benefit obligation at end of year	283,857		290,756		268,808		241,431		18,492		23,042
Change in plan assets:
Fair value of plan assets at beginning of year	371,966		392,519		176,230		175,765		—		—
Actual return on plan assets	34,397		7,172		13,761		6,770		—		—
Company contributions	—		—		10,017		8,594		6,262		4,188
Plan participants' contributions	—		—		2,751		2,481		—		—
Benefits paid	(31,970)		(27,725)		(11,344)		(8,477)		(5,523)		(4,188)

Settlements and curtailments(2)	—		—		—		(2,118)		(739)		—
Currency translation and other	—		—		21,349		(6,785)		—		—

Fair value of plan assets at end of year	374,393		371,966		212,764		176,230		—		—
Funded (unfunded) status	$	90,536	$	81,210	$	(56,044)	$	(65,201)	$	(18,492)	$	(23,042)
Amounts recognized in the consolidated balance sheets consist of:
Assets and Liabilities:
Other assets and deferred charges	$	90,536	$	81,210	$	9,170	$	2,080	$	—	$	—
Accrued compensation and employee benefits	—		—		(1,908)		(1,601)		(4,439)		(6,481)

Defined benefit and other post-retirement benefit plans	—		—		(63,306)		(65,680)		(14,053)		(16,561)

Total assets (liabilities)	90,536		81,210		(56,044)		(65,201)		(18,492)		(23,042)
Accumulated other comprehensive loss (earnings):
Net actuarial losses (gains)	62,656		61,715		33,755		45,986		(20,197)		(24,795)
Prior service cost (credit)	—		—		(984)		(1,825)		—		—

Tax (benefit) expense	(13,157)		(12,945)		(6,748)		(9,293)		4,359		5,395
Total accumulated other comprehensive loss (earnings), net of tax	49,499		48,770		26,023		34,868		(15,838)		(19,400)
Net amount recognized at December 31,	$	140,035	$	129,980	$	(30,021)	$	(30,333)	$	(34,330)	$	(42,442)

Accumulated benefit obligations	$	283,857	$	290,756	$	260,636	$	233,921	$	18,492	$	23,042

(1) The actuarial loss (gain) were primarily due to discount rate fluctuations and plan experience.

The Company's net unfunded status at December 31, 2025 and 2024 includes net liabilities of $56,044 and $65,201, respectively, relating to the Company's international qualified plans, some in locations where it is not economically advantageous to pre-fund the plans due to local regulations. The majority of the international obligations relate to defined pension plans operated by the Company's businesses in Germany, France, the United Kingdom, Switzerland, India, and Italy.

The accumulated benefit obligation for all defined benefit pension plans was $562,985 and $547,719 at December 31, 2025 and 2024, respectively.

Non-U.S. pension plans with accumulated benefit obligations in excess of plan assets consist of the following at December 31, 2025 and 2024:


	2025		2024

Accumulated benefit obligation	$	139,343	$	228,977
Fair value of plan assets	80,641		169,207

Non-U.S. pension plans with projected benefit obligations in excess of plan assets consist of the following at December 31, 2025 and 2024:


	2025		2024
Projected benefit obligation	$	145,855	$	236,488

Fair value of plan assets	80,641		169,207

Net Periodic Benefit Cost

The operating expense component of net periodic benefit cost (service cost) is reported with similar compensation costs in the Company's consolidated statement of earnings. The non-operating components (all other components of net periodic benefit cost, including interest cost, amortization of prior service cost, curtailments and settlements, etc.) are reported outside of operating income in other income, net in the consolidated statement of earnings.

Components of the net periodic benefit cost were as follows:

Defined Benefit Plans


	Qualified Defined Benefits												Non-Qualified Supplemental Benefits
	U.S. Plan						Non-U.S. Plans
	2025		2024		2023		2025		2024		2023		2025		2024		2023
Service cost	$	—	$	—	$	2,867	$	6,409	$	4,853	$	3,712	$	—	$	—	$	970
Interest cost	15,669		15,810		17,203		6,231		6,091		10,591		1,078		1,359		1,636
Expected return on plan assets	(25,936)		(27,653)		(26,208)		(8,692)		(7,868)		(7,331)		—		—		—
Amortization of:
Prior service cost (credit)	—		—		—		(841)		(760)		(717)		—		—		1,874
Actuarial loss (gain)	—		—		—		1,693		1,069		656		(3,234)		(2,959)		(3,207)

Settlement and curtailment loss (gain) (1)	—		—		4,434		—		112		(801)		(729)		—		—

Net periodic (benefit) expense	$	(10,267)	$	(11,843)	$	(1,704)	$	4,800	$	3,497	$	6,110	$	(2,885)	$	(1,600)	$	1,273

Assumptions

The Company determines actuarial assumptions on an annual basis. The weighted average assumptions used in determining the benefit obligations were as follows:


	Qualified Defined Benefits								Non-Qualified Supplemental Benefits
	U.S. Plan				Non-U.S. Plans
	2025		2024		2025		2024		2025		2024
Discount rate	5.40	%	5.70	%	2.89	%	2.64	%	5.10	%	5.50	%
Average wage increase	na		na		1.42	%	1.36	%	na		na

The weighted average assumptions used in determining the net periodic benefit cost were as follows:


	Qualified Defined Benefits												Non- Qualified Supplemental Benefits
	U.S. Plan						Non-U.S. Plans
	2025		2024		2023		2025		2024		2023		2025		2024		2023
Discount rate	5.70	%	5.20	%	5.55	%	2.64	%	2.80	%	3.57	%	5.50	%	5.15	%	5.50	%
Average wage increase	na		4.00	%	4.00	%	1.36	%	1.65	%	1.67	%	na		4.50	%	4.50	%
Expected return on plan assets	6.20	%	6.30	%	5.60	%	4.66	%	4.59	%	4.69	%	na		na		na

The Company's discount rate assumption is determined by developing a yield curve based on high quality corporate bonds with maturities matching the plans' expected benefit payment streams. The plans' expected cash flows are then discounted by the resulting year-by-year discount rates.

Plan Assets

The primary financial objective of the plans is to secure participant retirement benefits. Accordingly, the key objective in the plans' financial management is to promote stability and, to the extent appropriate, growth in the funded status. Related and supporting financial objectives are established in conjunction with a review of current and projected plan financial requirements.

As it relates to the funded defined benefit pension plans, the Company's funding policy is consistent with the funding requirements of the Employment Retirement Income Security Act ("ERISA") and applicable international laws. The Company is responsible for overseeing the management of the investments of the plans' assets and otherwise ensuring that the plans' investment programs are in compliance with ERISA, other relevant legislation and the related plan documents. Where relevant, the Company has retained professional investment managers to manage the plans' assets and implement the investment process. The investment managers, in implementing their investment processes, have the authority and responsibility to select appropriate investments in the asset classes specified by the terms of their applicable prospectus or investment manager agreements with the plans.

The assets of the plans are invested to achieve an appropriate return for the plans consistent with a prudent level of risk. The plans' long-term investment objective is to generate investment returns that provide adequate assets to meet all benefit obligations in accordance with applicable regulations. The expected return on assets assumption used for net periodic benefit cost is developed through analysis of historical and forecasted market returns, statistical analysis, current market conditions and the past experience of plan asset investments.

The Company's actual and target weighted average asset allocation for our U.S. Qualified Defined Benefits Plan was as follows:


	2025		2024		Current Target
Return-seeking investments	30	%	30	%	30	%
Liability hedging investments	70	%	70	%	70	%

Total	100	%	100	%	100	%

Return-seeking investments include diversified foreign and domestic equities, U.S. high yield fixed income investments, and emerging market debt. Liability hedging investments primarily include a diversified portfolio of U.S. long and intermediate duration fixed income assets. While the non-U.S. investment policies are different for each country, the long-term objectives are generally the same as for the U.S. pension assets.

The fair values of both U.S. and non-U.S. pension plan assets by asset category within the fair value hierarchy (as defined in Note 13 — Financial Instruments) were as follows:


	U.S. Qualified Defined Benefits Plan
	December 31, 2025				December 31, 2024
	Level 1		Level 2		Total Fair Value		Level 1		Level 2		Total Fair Value



Corporate bonds	$	—	$	109,284	$	109,284	$	—	$	196,492	$	196,492
Government securities	—		86,784		86,784		—		52,880		52,880
Interest-bearing cash and short-term investments	3,292		—		3,292		3,189		—		3,189
Total investments at fair value	$	3,292	$	196,068	199,360		$	3,189	$	249,372	252,561
Investments measured at net asset value*
Collective funds					166,388						110,020


Short-term investment funds					8,645						9,385

Total investments					$	374,393					$	371,966


	Non-U.S. Plans
	December 31, 2025								December 31, 2024
	Level 1		Level 2		Level 3		Total Fair Value		Level 1		Level 2		Level 3		Total Fair Value
Common stocks	$	73,330	$	—	$	—	$	73,330	$	56,976	$	—	$	—	$	56,976
Fixed income investments	—		40,023		—		40,023		—		35,936		—		35,936
Mutual funds	13,457		—		—		13,457		12,118		—		—		12,118


Cash and cash equivalents	4,320		—		—		4,320		2,384		—		—		2,384
Other	—		3,399		30,704		34,103		—		3,570		21,658		25,228
Total investments at fair value	$	91,107	$	43,422	$	30,704	165,233		$	71,478	$	39,506	$	21,658	132,642
Investments measured at net asset value*
Collective funds							46,016								39,339
Other							1,515								4,249
Total investments							$	212,764							$	176,230

Common stocks represent investments in domestic and foreign equities, which are publicly traded on active exchanges and are valued based on quoted market prices.

Fixed income investments include bonds and notes, which are valued based on quoted market prices, as well as investments in other government and municipal securities and corporate bonds, which are valued based on yields currently available on comparable securities of issuers with similar credit ratings.

Mutual funds are categorized as either Level 1, 2 or Net Asset Value ("NAV") as a practical expedient depending on the nature of the observable inputs. Collective funds and short-term investment funds are valued using NAV as a practical expedient as of the last business day of the year. The NAV is based on the underlying value of the assets owned by the fund, minus its liabilities, and then divided by the number of shares outstanding.

The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Company believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

The availability of observable data is monitored by plan management to assess appropriate classification of financial instruments within the fair value hierarchy. Depending upon the availability of such inputs, specific securities may transfer between levels. In such instances, the transfer is reported at the end of the reporting period.

The fair value measurement of plan assets using significant unobservable inputs (Level 3) changed during 2024 and 2025, due to the following:


	Level 3
Balance at December 31, 2023	$	18,652
Actual return on plan assets:

Relating to assets still held at December 31, 2024	623


Relating to assets sold during the period	7
Purchases	2,154
Sales and settlements	1,090
Foreign currency translation	(868)
Balance at December 31, 2024	21,658
Actual return on plan assets:
Relating to assets still held at December 31, 2025	275
Relating to assets sold during the period	(2)
Purchases	5,263
Sales and settlements	131
Foreign currency translation	3,379
Balance at December 31, 2025	$	30,704

Future Estimates

Benefit Payments

Estimated future benefit payments to retirees, which reflect expected future service except to the extent frozen, are as follows:


	Qualified Defined Benefits				Non-Qualified Supplemental Benefits
	U.S. Plan		Non-U.S. Plans
2026	$	30,655	$	14,790	$	4,550
2027	25,389		16,565		1,887
2028	24,268		14,758		3,421
2029	23,553		14,190		1,679
2030	22,804		15,150		2,060
2031 - 2035	103,904		78,657		5,984

Contributions

In 2026, the Company expects to make payments of approximately $9.9 million to its non-US plans and $4.6 million to its non-qualified U.S. plan. No payments are expected for the qualified U.S. plan in 2026.

- Definition

The entire disclosure for retirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (o)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (p)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (q)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 60
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480266/715-60-50-3

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480126/715-20-S99-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 70
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480794/715-70-50-1

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 17
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480482/715-20-55-17

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(iv)(03)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (l)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/715/tableOfContent

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(iii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

+ Details

Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Schedule of Reconciliation of Information Used in Computing Basic and Diluted Earnings Per Share

The following table sets forth a reconciliation of the information used in computing basic and diluted earnings per share:


	Years Ended December 31,
	2025		2024		2023
Earnings from continuing operations	$	1,097,429	$	1,399,968	$	943,864
(Loss) earnings from discontinued operations, net	(3,473)		1,297,158		112,964
Net earnings	$	1,093,956	$	2,697,126	$	1,056,828

Basic earnings per common share:
Earnings from continuing operations	$	8.01	$	10.16	$	6.75
(Loss) earnings from discontinued operations, net	$	(0.03)	$	9.42	$	0.81
Net earnings	$	7.99	$	19.58	$	7.56

Weighted average basic shares outstanding	136,935,000		137,735,000		139,848,000
Diluted earnings per common share:
Earnings from continuing operations	$	7.97	$	10.09	$	6.71
(Loss) earnings from discontinued operations, net	$	(0.03)	$	9.35	$	0.80
Net earnings	$	7.94	$	19.45	$	7.52

Weighted average shares outstanding	137,777,000		138,696,000		140,599,000

Schedule of Reconciliation of Share Amounts Used in Computing Earnings Per Share

The following table is a reconciliation of the share amounts used in computing earnings per share:


	Years Ended December 31,
	2025	2024	2023
Weighted average shares outstanding - Basic	136,935,000	137,735,000	139,848,000
Dilutive effect of assumed exercise of SARs and vesting of PSAs and RSUs	842,000	961,000	751,000
Weighted average shares outstanding - Diluted	137,777,000	138,696,000	140,599,000

Description of Business and Summary of Significant Accounting Policies - Schedule of Outstanding Obligations Under the SCF Program (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Accounting Policies [Abstract]
Supplier Finance Program, Obligation, Statement of Financial Position [Extensible Enumeration]	Accounts Payable, Current
Supplier Finance Program, Obligation [Roll Forward]
Beginning balance	$ 156,973	$ 156,245
Disposition of business		(2,785)
Invoices confirmed during the period	535,867	579,481
Confirmed invoices paid during the period	(574,956)	(575,968)
Ending balance	$ 117,884	$ 156,973

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Statement of Cash Flows [Abstract]
Cash held for sale	$ 0	$ 0	$ 17,300

Acquisitions - Schedule of Business Combination, Recognized Asset Acquired and Liability Assumed (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Jun. 11, 2025	Dec. 31, 2024	Jul. 19, 2024	Dec. 31, 2023	Dec. 04, 2023
Business Combination [Line Items]
Goodwill	$ 5,430,038		$ 4,905,702		$ 4,637,564
Intangible assets	340,958
Sikora AG
Business Combination [Line Items]
Current assets, net of cash acquired		$ 65,813
Property, plant and equipment		30,318
Goodwill		340,478
Intangible assets		309,690
Other assets and deferred charges		794
Current liabilities		(39,526)
Non-current liabilities		(99,108)
Net assets acquired		608,459
Sikora AG \| Customer intangibles
Business Combination [Line Items]
Intangible assets		$ 219,058
Series of individually immaterial acquistions
Business Combination [Line Items]
Current assets, net of cash acquired			25,356
Property, plant and equipment			4,530
Goodwill	16,614		149,328
Intangible assets			146,138
Other assets and deferred charges			9,520
Current liabilities			(15,438)
Non-current liabilities			(41,238)
Net assets acquired			278,196
Series of individually immaterial acquistions \| Customer intangibles
Business Combination [Line Items]
Intangible assets	$ 242,626		$ 282,915		$ 259,700
Marshall Excelsior Company
Business Combination [Line Items]
Current assets, net of cash acquired				$ 58,695
Property, plant and equipment				10,300
Goodwill				187,923
Other assets and deferred charges				5,602
Current liabilities				(15,959)
Non-current liabilities				(44,852)
Net assets acquired				395,809
Marshall Excelsior Company \| Customer intangibles
Business Combination [Line Items]
Intangible assets				$ 194,100
FW Murphy
Business Combination [Line Items]
Current assets, net of cash acquired						$ 26,564
Goodwill						224,771
Intangible assets						275,500
Other assets and deferred charges						9,508
Current liabilities						(1,316)
Non-current liabilities						(8,570)
Net assets acquired						526,457
FW Murphy \| Customer intangibles
Business Combination [Line Items]
Intangible assets						$ 254,000

Accumulated Other Comprehensive Earnings (Loss) - Schedule of Amounts Reclassified from Accumulated Other Comprehensive Earnings (Loss) to Earnings (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassification of foreign currency translation losses to earnings	$ 1,844,808	$ 1,752,266	$ 1,648,204
Total tax provision and effective tax rate	276,823	357,048	179,136
Net of tax	(1,093,956)	(2,697,126)	(1,056,828)
Other income, net	(32,987)	(46,876)	(21,468)
Earnings before provision for income taxes	(1,374,252)	(1,757,016)	(1,123,000)
Reclassification out of Accumulated Other Comprehensive Income \| Cumulative foreign currency translation adjustments
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassification of foreign currency translation losses to earnings	1,858	13,931	0
Total tax provision and effective tax rate	0	0	0
Net of tax	1,858	13,931	0
Reclassification out of Accumulated Other Comprehensive Income \| Pension and other postretirement benefit plans
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total tax provision and effective tax rate	682	522	(538)
Net of tax	(2,429)	(2,015)	1,701
Earnings before provision for income taxes	(3,111)	(2,537)	2,239
Reclassification out of Accumulated Other Comprehensive Income \| Amortization of actuarial gains
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other income, net	(1,541)	(1,890)	(2,551)
Reclassification out of Accumulated Other Comprehensive Income \| Amortization of prior service (credits) costs
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other income, net	(841)	(760)	1,157
Reclassification out of Accumulated Other Comprehensive Income \| Settlement and curtailment
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other income, net	(729)	113	3,633
Reclassification out of Accumulated Other Comprehensive Income \| Cash flow hedges:
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total tax provision and effective tax rate	(741)	290	(483)
Net of tax	2,975	(1,190)	1,954
Earnings before provision for income taxes	$ 3,716	$ (1,480)	$ 2,437

Inventories, net

12 Months Ended

Dec. 31, 2025

Inventory, Net [Abstract]

Inventories, net

5. Inventories, net


	December 31, 2025		December 31, 2024
Raw materials	$	765,453	$	649,993
Work in progress	235,523		233,544
Finished goods	422,229		390,625
Subtotal	1,423,205		1,274,162
Less reserves	(150,421)		(129,324)
Total	$	1,272,784	$	1,144,838

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Deferred Tax Assets:
Accrued compensation, postretirement and other employee benefits	$ 38,722	$ 45,145
Accrued expenses	18,689	17,218
Net operating loss and other carryforwards	386,863	311,043
Inventories	31,632	31,583
Allowance for credit losses	7,938	8,428
Accrued insurance	1,569	2,340
Long-term liabilities, warranty and environmental costs	6,585	6,818
Lease obligations	54,357	51,837
Capitalized research and development	39,167	68,240
Other assets	17,821	0
Total gross deferred tax assets	603,343	542,652
Valuation allowance	(209,948)	(198,082)
Total deferred tax assets, net of valuation allowances	393,395	344,570
Deferred Tax Liabilities:
Intangible assets	(523,317)	(440,946)
Property, plant and equipment	(73,924)	(69,920)
Lease right-of-use assets	(50,356)	(48,088)
Other liabilities	(10,057)	(21,250)
Total deferred tax liabilities	(657,654)	(580,204)
Net deferred tax liability	(264,259)	(235,634)
Classified as follows in the Consolidated Balance Sheets:
Other assets and deferred charges	130,109	116,372
Deferred income taxes	$ (394,368)	$ (352,006)

Restructuring Activities - Schedule of Severance and Exit Accrual Activities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Restructuring Reserve [Roll Forward]
Beginning balance	$ 19,435	$ 21,759	$ 14,475
Restructuring charges	56,743	69,810	49,901
Payments	(43,868)	(43,995)	(41,043)
Other, including foreign currency translation	(13,716)	(28,139)	(1,574)
Ending balance	18,594	19,435	21,759
Severance
Restructuring Reserve [Roll Forward]
Beginning balance	13,544	18,646	12,007
Restructuring charges	26,281	28,917	36,899
Payments	(27,044)	(33,514)	(31,133)
Other, including foreign currency translation	2,374	(505)	873
Ending balance	15,155	13,544	18,646
Exit
Restructuring Reserve [Roll Forward]
Beginning balance	5,891	3,113	2,468
Restructuring charges	30,462	40,893	13,002
Payments	(16,824)	(10,481)	(9,910)
Other, including foreign currency translation	(16,090)	(27,634)	(2,447)
Ending balance	$ 3,439	$ 5,891	$ 3,113

- Definition

Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation.

+ References + Details

Earnings per Share - Schedule of Reconciliation of Share Amounts Used in Computing Earnings Per Share (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Earnings Per Share [Abstract]
Weighted average shares outstanding - basic (in shares)	136,935	137,735	139,848
Dilutive effect of assumed exercise of SARs and vesting of PSAs and RSUs (in shares)	842	961	751
Weighted average shares outstanding - Diluted (in shares)	137,777	138,696	140,599

Other Accrued Expenses and Other Liabilities - Schedule of Carrying Amount of Product Warranties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Movement in Standard and Extended Product Warranty, Increase (Decrease) [Roll Forward]
Beginning Balance	$ 42,055	$ 42,243	$ 43,056
Provision for warranties	51,130	55,442	49,708
Settlements made	(51,596)	(52,562)	(50,769)
Other adjustments, including acquisitions and currency translation	4,269	(3,068)	248
Ending Balance	$ 45,858	$ 42,055	$ 42,243

Employee Benefit Plans - Schedule of Weighted-Average Assumptions Used Calculating Net Periodic Cost (Details)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Non-Qualified Supplemental Benefits \| Non-Qualified Supplemental Benefits
Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract]
Discount rate	5.50%	5.15%	5.50%
Average wage increase		4.50%	4.50%
United States \| Qualified Defined Benefits \| Qualified Defined Benefits
Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract]
Discount rate	5.70%	5.20%	5.55%
Average wage increase		4.00%	4.00%
Expected return on plan assets	6.20%	6.30%	5.60%
Foreign Plan \| Qualified Defined Benefits \| Qualified Defined Benefits
Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract]
Discount rate	2.64%	2.80%	3.57%
Average wage increase	1.36%	1.65%	1.67%
Expected return on plan assets	4.66%	4.59%	4.69%

Segment Information - Schedule of Segment Financial Information and a Reconciliation of Segment (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2025 USD ($) segment	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Segment Reporting [Abstract]
Number of reportable segments \| segment	5
Reconciliation from Segment Totals to Consolidated [Abstract]
Revenue	$ 8,092,571	$ 7,745,909	$ 7,684,476
Earnings before provision for income taxes	1,374,252	1,757,016	1,123,000
Purchase accounting expenses	218,445	186,241	158,582
Restructuring and other costs	77,986	84,983	62,927
Disposition costs	0	0	1,302
(Gain) loss on dispositions	(4,644)	(597,798)	0
Interest expense	109,772	131,171	131,304
Interest income	(73,032)	(37,158)	(13,496)
Earnings before provision for income taxes	1,374,252	1,757,016	1,123,000
Provision for income taxes	276,823	357,048	179,136
Earnings from continuing operations	1,097,429	1,399,968	943,864
Restructuring	56,743	69,810	49,901
Other costs, net	21,243	15,173	13,026
Restructuring and other costs	77,986	84,983	62,927
Segment margins:
Consolidated depreciation and amortization total	379,577	337,842	305,046
Total segments
Reconciliation from Segment Totals to Consolidated [Abstract]
Revenue	8,098,305	7,750,621	7,690,207
Adjusted cost of goods and services	4,792,745	4,707,075	4,758,342
Adjusted selling, general and administrative expenses	1,438,242	1,363,128	1,316,913
Earnings before provision for income taxes	$ 1,867,318	$ 1,680,418	$ 1,614,952
Segment margins:
Total Segments (in percent)	23.10%	21.70%	21.00%
Other depreciation and amortization	$ 158,439	$ 145,072	$ 141,323
Total segments \| Engineered Products
Reconciliation from Segment Totals to Consolidated [Abstract]
Revenue	1,085,844	1,202,457	1,250,925
Adjusted cost of goods and services	712,427	806,133	834,095
Adjusted selling, general and administrative expenses	156,151	165,087	192,779
Earnings before provision for income taxes	217,266	231,237	224,051
Restructuring	$ 4,983	$ 7,847	$ 8,976
Segment margins:
Total Segments (in percent)	20.00%	19.20%	17.90%
Other depreciation and amortization	$ 21,495	$ 19,259	$ 22,012
Total segments \| Clean Energy & Fueling
Reconciliation from Segment Totals to Consolidated [Abstract]
Revenue	2,130,507	1,936,784	1,788,277
Adjusted cost of goods and services	1,358,577	1,232,836	1,155,988
Adjusted selling, general and administrative expenses	353,860	343,955	303,685
Earnings before provision for income taxes	418,070	359,993	328,604
Restructuring	$ 13,755	$ 30,858	$ 20,336
Segment margins:
Total Segments (in percent)	19.60%	18.60%	18.40%
Other depreciation and amortization	$ 34,806	$ 31,976	$ 30,117
Total segments \| Imaging & Identification
Reconciliation from Segment Totals to Consolidated [Abstract]
Revenue	1,173,443	1,137,165	1,116,732
Adjusted cost of goods and services	540,988	520,748	531,194
Adjusted selling, general and administrative expenses	317,720	314,710	313,026
Earnings before provision for income taxes	314,735	301,707	272,512
Restructuring	$ 4,652	$ 9,960	$ 5,918
Segment margins:
Total Segments (in percent)	26.80%	26.50%	24.40%
Other depreciation and amortization	$ 17,568	$ 14,648	$ 15,293
Total segments \| Pumps & Process Solutions
Reconciliation from Segment Totals to Consolidated [Abstract]
Revenue	2,148,670	1,894,566	1,755,691
Adjusted cost of goods and services	1,097,401	1,016,622	955,472
Adjusted selling, general and administrative expenses	399,669	341,338	315,814
Earnings before provision for income taxes	651,600	536,606	484,405
Restructuring	$ 9,735	$ 4,956	$ 7,686
Segment margins:
Total Segments (in percent)	30.30%	28.30%	27.60%
Other depreciation and amortization	$ 54,226	$ 50,050	$ 46,344
Total segments \| Climate & Sustainability Technologies
Reconciliation from Segment Totals to Consolidated [Abstract]
Revenue	1,559,841	1,579,649	1,778,582
Adjusted cost of goods and services	1,083,352	1,130,736	1,281,593
Adjusted selling, general and administrative expenses	210,842	198,038	191,609
Earnings before provision for income taxes	265,647	250,875	305,380
Restructuring	$ 22,508	$ 15,197	$ 4,541
Segment margins:
Total Segments (in percent)	17.00%	15.90%	17.20%
Other depreciation and amortization	$ 30,344	$ 29,139	$ 27,557
Intersegment eliminations
Reconciliation from Segment Totals to Consolidated [Abstract]
Revenue	(5,734)	(4,712)	(5,731)
Corporate expense / other
Reconciliation from Segment Totals to Consolidated [Abstract]
Corporate expense / other	164,539	155,963	151,333
Restructuring	1,110	992	2,444
Segment margins:
Other depreciation and amortization	7,234	7,030	6,046
Depreciation and amortization included in purchase accounting expenses and restructuring and other	$ 213,904	$ 185,740	$ 157,677