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 July 28, 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
$74.80UtilitiesDelayed quote: Jul 28, 2026, 4:00 PM EDT
DOV
Dover Corporation
$203.08IndustrialsDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — BKH vs DOV
growth of $100 · dividends reinvested · last 30yBKH +1524.3%DOV +2287.5%DOV compounded faster
BKH DOV
BKH vs DOV: by the numbers
- •DOV is the larger company ($27.35B vs $5.69B market cap).
- •BKH trades at the lower trailing earnings multiple (19.44 vs 24.86 P/E), one valuation lens rather than an overall verdict.
- •DOV converts more revenue to profit (13.48% vs 12.61% net margin).
- •BKH grew revenue faster over the past five years (4.97% vs 2.54% CAGR).
- •BKH pays the higher dividend yield (3.69% vs 1.01%).
Metrics side by side
Valuation
| Metric | BKH | DOV |
|---|---|---|
| P/E ratio | 19.44 | 24.86 |
| Forward P/E | 17.21 | 19.27 |
| P/S ratio | 2.47 | 3.31 |
| P/B ratio | 1.43 | 3.62 |
| PEG ratio | 8.50 | 2.27 |
| EV / EBITDA | 12.52 | 17.14 |
| FCF yield | N/A | 4.21% |
Profitability
| Metric | BKH | DOV |
|---|---|---|
| Gross margin | 35.66% | 39.58% |
| Operating margin | 23.30% | 16.87% |
| Net margin | 12.61% | 13.48% |
| ROE | 7.31% | 14.73% |
| ROIC | 4.63% | 9.40% |
Dividends
| Metric | BKH | DOV |
|---|---|---|
| Dividend yield | 3.69% | 1.01% |
| Payout ratio | 69.12% | 26.10% |
Growth (annualized)
| Metric | BKH | DOV |
|---|---|---|
| Revenue CAGR (5Y) | 4.97% | 2.54% |
| EPS CAGR (5Y) | 1.80% | 10.95% |
| FCF CAGR (5Y) | 20.20% | 2.56% |
| Total return CAGR (5Y) | 6.28% | 6.04% |
Frequently asked
- Which has the lower trailing P/E, BKH or DOV?
- BKH has the lower trailing P/E: BKH trades at 19.44 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, BKH or DOV?
- Over the past five years, BKH grew revenue faster — BKH at a 4.97% CAGR versus DOV at 2.54%.
- Does BKH or DOV pay a bigger dividend?
- BKH yields 3.69% and DOV yields 1.01% based on trailing dividends and the latest price.
- Is BKH or DOV more profitable?
- DOV runs the higher net margin — BKH at 12.61% versus DOV at 13.48%.
- How have BKH and DOV total returns compared?
- Over the past 10 years, BKH delivered 5.51% and DOV delivered 15.37% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Black Hills P/E ratioDover P/E ratioBlack Hills dividend yieldDover dividend yieldBlack Hills ROEDover ROEBlack Hills operating marginDover operating marginBlack Hills revenue growthDover revenue growthBlack Hills free cash flowDover free cash flow
Black Hills & 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.