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 July 28, 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
$179.38UtilitiesDelayed quote: Jul 28, 2026, 4:00 PM EDT
DOV
Dover Corporation
$203.08IndustrialsDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — ATO vs DOV
growth of $100 · dividends reinvested · last 30yATO +2422.0%DOV +2287.5%ATO compounded faster
ATO DOV
ATO vs DOV: by the numbers
- •ATO is the larger company ($29.94B vs $27.35B market cap).
- •ATO trades at the lower trailing earnings multiple (21.92 vs 24.86 P/E), one valuation lens rather than an overall verdict.
- •ATO converts more revenue to profit (27.58% vs 13.48% net margin).
- •ATO grew revenue faster over the past five years (8.80% vs 2.54% CAGR).
- •ATO pays the higher dividend yield (2.17% vs 1.01%).
Metrics side by side
Valuation
| Metric | ATO | DOV |
|---|---|---|
| P/E ratio | 21.92 | 24.86 |
| Forward P/E | 21.12 | 19.27 |
| P/S ratio | 6.13 | 3.31 |
| P/B ratio | 2.01 | 3.62 |
| PEG ratio | 2.18 | 2.27 |
| EV / EBITDA | 15.68 | 17.14 |
| FCF yield | N/A | 4.21% |
Profitability
| Metric | ATO | DOV |
|---|---|---|
| Gross margin | 51.43% | 39.58% |
| Operating margin | 35.87% | 16.87% |
| Net margin | 27.58% | 13.48% |
| ROE | 9.03% | 14.73% |
| ROIC | 4.58% | 9.40% |
Dividends
| Metric | ATO | DOV |
|---|---|---|
| Dividend yield | 2.17% | 1.01% |
| Payout ratio | 51.33% | 26.10% |
Growth (annualized)
| Metric | ATO | DOV |
|---|---|---|
| Revenue CAGR (5Y) | 8.80% | 2.54% |
| EPS CAGR (5Y) | 9.05% | 10.95% |
| FCF CAGR (5Y) | N/A | 2.56% |
| Total return CAGR (5Y) | 15.40% | 6.04% |
Frequently asked
- Which has the lower trailing P/E, ATO or DOV?
- ATO has the lower trailing P/E: ATO trades at 21.92 and DOV at 24.86. 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 8.80% CAGR versus DOV at 2.54%.
- Does ATO or DOV pay a bigger dividend?
- ATO yields 2.17% and DOV yields 1.01% based on trailing dividends and the latest price.
- Is ATO or DOV more profitable?
- ATO runs the higher net margin — ATO at 27.58% versus DOV at 13.48%.
- How have ATO and DOV total returns compared?
- Over the past 10 years, ATO delivered 11.23% and DOV delivered 15.37% 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 July 28, 2026.