Atmos Energy Corporation (ATO) vs Dover Corporation (DOV)
A side-by-side comparison of Atmos Energy Corporation 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: ATO is classified in Utilities; DOV is classified in Industrials. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
ATO
Atmos Energy Corporation
$163.89UtilitiesDelayed quote: Sep 14, 2026, 3:55 PM EDT
DOV
Dover Corporation
$189.00IndustrialsDelayed quote: Sep 14, 2026, 3:55 PM EDT
Total return — ATO vs DOV
growth of $100 · dividends reinvested · last 10yATO +173.9% (+10.6%/yr)DOV +278.5% (+14.2%/yr)DOV compounded faster over this window
ATO DOV
ATO vs DOV: by the numbers
- •ATO is the larger company ($27.36B vs $25.45B market cap).
- •ATO trades at the lower trailing earnings multiple (19.51 vs 22.83 P/E), one valuation lens rather than an overall verdict.
- •ATO converts more revenue to profit (28.50% vs 13.48% net margin).
- •ATO grew revenue faster over the past five years (8.23% vs 2.54% CAGR).
- •ATO pays the higher dividend yield (2.45% vs 1.10%).
Metrics side by side
Valuation
| Metric | ATO | DOV |
|---|---|---|
| P/E ratio | 19.51 | 22.83 |
| Forward P/E | 19.39 | 17.67 |
| P/S ratio | 5.56 | 3.02 |
| P/B ratio | 1.79 | 3.30 |
| EV / EBITDA | 14.28 | 14.88 |
| FCF yield | N/A | 4.61% |
Profitability
| Metric | ATO | DOV |
|---|---|---|
| Gross margin | 52.37% | 39.58% |
| Operating margin | 36.97% | 16.87% |
| Net margin | 28.50% | 13.48% |
| ROE | 9.19% | 14.73% |
| ROIC | 4.81% | 9.56% |
Dividends
| Metric | ATO | DOV |
|---|---|---|
| Dividend yield | 2.45% | 1.10% |
| Payout ratio | 47.62% | 25.18% |
Growth (annualized)
| Metric | ATO | DOV |
|---|---|---|
| Revenue CAGR (5Y) | 8.23% | 2.54% |
| EPS CAGR (5Y) | 9.05% | 10.95% |
| FCF CAGR (5Y) | N/A | 2.55% |
| Total return CAGR (5Y) | 14.66% | 2.98% |
Frequently asked
- Which has the lower trailing P/E, ATO or DOV?
- ATO has the lower trailing P/E: ATO trades at 19.51 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, ATO or DOV?
- Over the past five years, ATO grew revenue faster — ATO at a 8.23% CAGR versus DOV at 2.54%.
- Does ATO or DOV pay a bigger dividend?
- ATO yields 2.45% and DOV yields 1.10% based on trailing dividends and the latest price.
- Is ATO or DOV more profitable?
- ATO runs the higher net margin — ATO at 28.50% versus DOV at 13.48%.
- How have ATO and DOV total returns compared?
- Over the past 10 years, ATO delivered 11.14% and DOV delivered 14.80% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Atmos Energy P/E ratioDover P/E ratioAtmos Energy dividend yieldDover dividend yieldAtmos Energy ROEDover ROEAtmos Energy operating marginDover operating marginAtmos Energy revenue growthDover revenue growthAtmos Energy free cash flowDover free cash flow
Atmos Energy & 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.