Chevron Corporation (CVX) vs Dover Corporation (DOV)
A side-by-side comparison of Chevron 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: CVX is classified in Energy; DOV is classified in Industrials. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
CVX
Chevron Corporation
$211.73EnergyDelayed quote: Sep 14, 2026, 3:55 PM EDT
DOV
Dover Corporation
$189.00IndustrialsDelayed quote: Sep 14, 2026, 3:55 PM EDT
Total return — CVX vs DOV
growth of $100 · dividends reinvested · last 10yCVX +234.0% (+12.8%/yr)DOV +298.1% (+14.8%/yr)DOV compounded faster over this window
CVX DOV
CVX vs DOV: by the numbers
- •CVX is the larger company ($421.68B vs $25.45B market cap).
- •CVX trades at the lower trailing earnings multiple (20.30 vs 22.83 P/E), one valuation lens rather than an overall verdict.
- •DOV converts more revenue to profit (13.48% vs 9.87% net margin).
- •CVX grew revenue faster over the past five years (12.46% vs 2.54% CAGR).
- •CVX pays the higher dividend yield (3.29% vs 1.10%).
Metrics side by side
Valuation
| Metric | CVX | DOV |
|---|---|---|
| P/E ratio | 20.30 | 22.83 |
| Forward P/E | 13.17 | 17.67 |
| P/S ratio | 2.02 | 3.02 |
| P/B ratio | 2.22 | 3.30 |
| EV / EBITDA | 7.94 | 14.88 |
| FCF yield | 6.41% | 4.61% |
Profitability
| Metric | CVX | DOV |
|---|---|---|
| Gross margin | 31.00% | 39.58% |
| Operating margin | 15.83% | 16.87% |
| Net margin | 9.87% | 13.48% |
| ROE | 10.84% | 14.73% |
| ROIC | 7.69% | 9.56% |
Dividends
| Metric | CVX | DOV |
|---|---|---|
| Dividend yield | 3.29% | 1.10% |
| Payout ratio | 67.59% | 25.18% |
Growth (annualized)
| Metric | CVX | DOV |
|---|---|---|
| Revenue CAGR (5Y) | 12.46% | 2.54% |
| EPS CAGR (5Y) | 27.46% | 10.95% |
| FCF CAGR (5Y) | 22.77% | 2.55% |
| Total return CAGR (5Y) | 22.17% | 2.98% |
Frequently asked
- Which has the lower trailing P/E, CVX or DOV?
- CVX has the lower trailing P/E: CVX trades at 20.30 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, CVX or DOV?
- Over the past five years, CVX grew revenue faster — CVX at a 12.46% CAGR versus DOV at 2.54%.
- Does CVX or DOV pay a bigger dividend?
- CVX yields 3.29% and DOV yields 1.10% based on trailing dividends and the latest price.
- Is CVX or DOV more profitable?
- DOV runs the higher net margin — CVX at 9.87% versus DOV at 13.48%.
- How have CVX and DOV total returns compared?
- Over the past 10 years, CVX delivered 12.41% and DOV delivered 14.80% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Chevron P/E ratioDover P/E ratioChevron dividend yieldDover dividend yieldChevron ROEDover ROEChevron operating marginDover operating marginChevron revenue growthDover revenue growthChevron free cash flowDover free cash flow
Chevron & 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.