Which has the lower trailing P/E, BKH or DOV?

BKH has the lower trailing P/E: BKH trades at 17.86 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, BKH or DOV?

Over the past five years, BKH grew revenue faster — BKH at a 4.57% CAGR versus DOV at 2.54%.

Does BKH or DOV pay a bigger dividend?

BKH yields 3.91% and DOV yields 1.10% based on trailing dividends and the latest price.

Is BKH or DOV more profitable?

DOV runs the higher net margin — BKH at 13.00% versus DOV at 13.48%.

How have BKH and DOV total returns compared?

Over the past 10 years, BKH delivered 5.86% and DOV delivered 14.80% annualized total return. Past performance doesn't predict future results.

Black Hills Corporation (BKH) vs Dover Corporation (DOV)

A side-by-side comparison of Black Hills 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: BKH is classified in Utilities; DOV is classified in Industrials. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

BKH

Black Hills Corporation

$5.38B

$70.73UtilitiesDelayed 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 — BKH vs DOV

growth of $100 · dividends reinvested · last 10y

BKH +70.6% (+5.5%/yr)DOV +278.5% (+14.2%/yr)DOV compounded faster over this window

BKH DOV

BKH vs DOV: by the numbers

•DOV is the larger company ($25.45B vs $5.38B market cap).
•BKH trades at the lower trailing earnings multiple (17.86 vs 22.83 P/E), one valuation lens rather than an overall verdict.
•DOV converts more revenue to profit (13.48% vs 13.00% net margin).
•BKH grew revenue faster over the past five years (4.57% vs 2.54% CAGR).
•BKH pays the higher dividend yield (3.91% vs 1.10%).

Metrics side by side

Valuation

Metric	BKH	DOV
P/E ratio	17.86	22.83
Forward P/E	16.28	17.67
P/S ratio	2.34	3.02
P/B ratio	1.37	3.30
EV / EBITDA	11.67	14.88
FCF yield	N/A	4.61%

Profitability

Metric	BKH	DOV
Gross margin	42.92%	39.58%
Operating margin	23.79%	16.87%
Net margin	13.00%	13.48%
ROE	7.58%	14.73%
ROIC	4.73%	9.56%

Dividends

Metric	BKH	DOV
Dividend yield	3.91%	1.10%
Payout ratio	70.33%	25.18%

Growth (annualized)

Metric	BKH	DOV
Revenue CAGR (5Y)	4.57%	2.54%
EPS CAGR (5Y)	1.80%	10.95%
FCF CAGR (5Y)	20.20%	2.55%
Total return CAGR (5Y)	5.34%	2.98%

Frequently asked

Which has the lower trailing P/E, BKH or DOV?: BKH has the lower trailing P/E: BKH trades at 17.86 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, BKH or DOV?: Over the past five years, BKH grew revenue faster — BKH at a 4.57% CAGR versus DOV at 2.54%.
Does BKH or DOV pay a bigger dividend?: BKH yields 3.91% and DOV yields 1.10% based on trailing dividends and the latest price.
Is BKH or DOV more profitable?: DOV runs the higher net margin — BKH at 13.00% versus DOV at 13.48%.
How have BKH and DOV total returns compared?: Over the past 10 years, BKH delivered 5.86% and DOV delivered 14.80% annualized total return. Past performance doesn't predict future results.

Go deeper

Full BKH analysis Full DOV analysis Interactive comparison tool

Dig into the metrics

Black Hills P/E ratio Dover P/E ratio Black Hills dividend yield Dover dividend yield Black Hills ROE Dover ROE Black Hills operating margin Dover operating margin Black Hills revenue growth Dover revenue growth Black Hills free cash flow Dover free cash flow

Black Hills & 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.