Which has grown faster, APD or DOV?

Over the past five years, APD grew revenue faster — APD at a 5.15% CAGR versus DOV at 2.54%.

Does APD or DOV pay a bigger dividend?

APD yields 2.47% and DOV yields 1.10% based on trailing dividends and the latest price.

Is APD or DOV more profitable?

DOV runs the higher net margin — APD at -0.38% versus DOV at 13.48%.

How have APD and DOV total returns compared?

Over the past 10 years, APD delivered 10.25% and DOV delivered 14.80% annualized total return. Past performance doesn't predict future results.

Air Products and Chemicals, Inc. (APD) vs Dover Corporation (DOV)

A side-by-side comparison of Air Products and Chemicals, Inc. 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: APD is classified in Basic Materials; DOV is classified in Industrials. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

APD

Air Products and Chemicals, Inc.

$63.84B

$286.66Basic MaterialsDelayed quote: Sep 14, 2026, 3:55 PM EDT

DOV

Dover Corporation

$25.45B

$189.00IndustrialsDelayed quote: Sep 14, 2026, 3:55 PM EDT

Total return — APD vs DOV

growth of $100 · dividends reinvested · last 10y

APD +174.1% (+10.6%/yr)DOV +278.5% (+14.2%/yr)DOV compounded faster over this window

APD DOV

APD vs DOV: by the numbers

•APD is the larger company ($63.84B vs $25.45B market cap).
•DOV is profitable (13.48% net margin) while APD runs a net loss (-0.38%).
•APD grew revenue faster over the past five years (5.15% vs 2.54% CAGR).
•APD pays the higher dividend yield (2.47% vs 1.10%).

Metrics side by side

Valuation

Metric	APD	DOV
P/E ratio	N/A	22.83
Forward P/E	21.32	17.67
P/S ratio	5.07	3.02
P/B ratio	4.60	3.30
EV / EBITDA	85.20	14.88
FCF yield	N/A	4.61%

Profitability

Metric	APD	DOV
Gross margin	32.06%	39.58%
Operating margin	-4.71%	16.87%
Net margin	-0.38%	13.48%
ROE	-0.34%	14.73%
ROIC	-1.61%	9.56%

Dividends

Metric	APD	DOV
Dividend yield	2.47%	1.10%
Payout ratio	N/A	25.18%

Growth (annualized)

Metric	APD	DOV
Revenue CAGR (5Y)	5.15%	2.54%
EPS CAGR (5Y)	N/A	10.95%
FCF CAGR (5Y)	N/A	2.55%
Total return CAGR (5Y)	4.27%	2.98%

Frequently asked

Which has grown faster, APD or DOV?: Over the past five years, APD grew revenue faster — APD at a 5.15% CAGR versus DOV at 2.54%.
Does APD or DOV pay a bigger dividend?: APD yields 2.47% and DOV yields 1.10% based on trailing dividends and the latest price.
Is APD or DOV more profitable?: DOV runs the higher net margin — APD at -0.38% versus DOV at 13.48%.
How have APD and DOV total returns compared?: Over the past 10 years, APD delivered 10.25% and DOV delivered 14.80% annualized total return. Past performance doesn't predict future results.

Go deeper

Full APD analysis Full DOV analysis Interactive comparison tool

Dig into the metrics

Dover P/E ratio Air Products and Chemicals dividend yield Dover dividend yield Air Products and Chemicals ROE Dover ROE Air Products and Chemicals operating margin Dover operating margin Air Products and Chemicals revenue growth Dover revenue growth Air Products and Chemicals free cash flow Dover free cash flow

Air Products and Chemicals & Dover appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

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.