Dover Corporation (DOV) vs Federal Realty Investment Trust (FRT)

A side-by-side comparison of Dover Corporation and Federal Realty Investment Trust 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.

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Different business models: DOV is classified in Industrials; FRT is classified in Real Estate. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnDOV vs FRT

growth of $100 · dividends reinvested · last 10y
DOV +298.1% (+14.8%/yr)FRT +8.5% (+0.8%/yr)DOV compounded faster over this window
100200300400500Start $10020182020202220242026$398$109
DOV FRT

DOV vs FRT: by the numbers

  • DOV is the larger company ($25.45B vs $9.91B market cap).
  • FRT converts more revenue to profit (32.66% vs 13.48% net margin).
  • FRT grew revenue faster over the past five years (8.77% vs 2.54% CAGR).
  • FRT pays the higher dividend yield (3.95% vs 1.10%).

Metrics side by side

Valuation

MetricDOVFRT
P/E ratio22.8322.85
Forward P/E17.6726.91
P/S ratio3.027.42
P/B ratio3.302.94
EV / EBITDA14.88N/A
FCF yield4.61%3.16%

For REITs like Federal Realty Investment Trust, GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.

Profitability

MetricDOVFRT
Gross margin39.58%9.73%
Operating margin16.87%34.49%
Net margin13.48%32.66%
ROE14.73%12.96%
ROIC9.56%5.08%

Dividends

MetricDOVFRT
Dividend yield1.10%3.95%
Payout ratio25.18%90.04%

Federal Realty Investment Trust's payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.

Growth (annualized)

MetricDOVFRT
Revenue CAGR (5Y)2.54%8.77%
EPS CAGR (5Y)10.95%24.22%
FCF CAGR (5Y)2.55%69.34%
Total return CAGR (5Y)2.98%3.70%

Frequently asked

Which has grown faster, DOV or FRT?
Over the past five years, FRT grew revenue faster — DOV at a 2.54% CAGR versus FRT at 8.77%.
Does DOV or FRT pay a bigger dividend?
DOV yields 1.10% and FRT yields 3.95% based on trailing dividends and the latest price.
Is DOV or FRT more profitable?
FRT runs the higher net margin — DOV at 13.48% versus FRT at 32.66%.
How have DOV and FRT total returns compared?
Over the past 10 years, DOV delivered 14.80% and FRT delivered 0.86% annualized total return. Past performance doesn't predict future results.

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.