Aflac Incorporated (AFL) vs Dover Corporation (DOV)
A side-by-side comparison of Aflac Incorporated and Dover Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
Different business models: AFL is classified in Financial Services; DOV is classified in Industrials. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
AFL
Aflac Incorporated
$117.06Financial ServicesDelayed quote: Sep 14, 2026, 3:55 PM EDT
DOV
Dover Corporation
$189.00IndustrialsDelayed quote: Sep 14, 2026, 3:55 PM EDT
Total return — AFL vs DOV
growth of $100 · dividends reinvested · last 10yAFL +303.6% (+15.0%/yr)DOV +278.5% (+14.2%/yr)AFL compounded faster over this window
AFL DOV
AFL vs DOV: by the numbers
- •AFL is the larger company ($59.58B vs $25.45B market cap).
- •AFL trades at the lower trailing earnings multiple (12.61 vs 22.83 P/E), one valuation lens rather than an overall verdict.
- •AFL converts more revenue to profit (26.88% vs 13.48% net margin).
- •DOV grew revenue faster over the past five years (2.54% vs -4.64% CAGR).
- •AFL pays the higher dividend yield (2.09% vs 1.10%).
Metrics side by side
Valuation
| Metric | AFL | DOV |
|---|---|---|
| P/E ratio | 12.61 | 22.83 |
| Forward P/E | 16.70 | 17.67 |
| P/S ratio | 3.29 | 3.02 |
| P/B ratio | 1.97 | 3.30 |
| EV / EBITDA | N/A | 14.88 |
| FCF yield | N/A | 4.61% |
Profitability
| Metric | AFL | DOV |
|---|---|---|
| Gross margin | 38.93% | 39.58% |
| Operating margin | 32.16% | 16.87% |
| Net margin | 26.88% | 13.48% |
| ROE | 16.04% | 14.73% |
| ROIC | N/A | 9.56% |
Dividends
| Metric | AFL | DOV |
|---|---|---|
| Dividend yield | 2.09% | 1.10% |
| Payout ratio | 25.97% | 25.18% |
Growth (annualized)
| Metric | AFL | DOV |
|---|---|---|
| Revenue CAGR (5Y) | -4.64% | 2.54% |
| EPS CAGR (5Y) | 0.50% | 10.95% |
| FCF CAGR (5Y) | N/A | 2.55% |
| Total return CAGR (5Y) | 18.74% | 2.98% |
Frequently asked
- Which has the lower trailing P/E, AFL or DOV?
- AFL has the lower trailing P/E: AFL trades at 12.61 and DOV at 22.83. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AFL or DOV?
- Over the past five years, DOV grew revenue faster — AFL at a -4.64% CAGR versus DOV at 2.54%.
- Does AFL or DOV pay a bigger dividend?
- AFL yields 2.09% and DOV yields 1.10% based on trailing dividends and the latest price.
- Is AFL or DOV more profitable?
- AFL runs the higher net margin — AFL at 26.88% versus DOV at 13.48%.
- How have AFL and DOV total returns compared?
- Over the past 10 years, AFL delivered 14.91% and DOV delivered 14.80% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Aflac P/E ratioDover P/E ratioAflac dividend yieldDover dividend yieldAflac ROEDover ROEAflac operating marginDover operating marginAflac revenue growthDover revenue growthDover free cash flow
Aflac & Dover appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.