Dover Corporation (DOV) vs Fortive Corporation (FTV)
DOV leads on 11 of 16 compared metrics.
A side-by-side comparison of Dover Corporation and Fortive Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — DOV vs FTV
growth of $100 · last 10yDOV +289.5%FTV +96.2%DOV compounded faster
DOV FTV
DOV vs FTV: by the numbers
- •DOV is the larger company ($29.28B vs $18.33B market cap).
- •DOV trades at the lower earnings multiple (27.18 vs 35.80 P/E).
- •DOV converts more revenue to profit (13.30% vs 11.48% net margin).
- •DOV grew revenue faster over the past five years (3.73% vs -0.20% CAGR).
- •DOV pays the higher dividend yield (0.96% vs 0.30%).
Which is better, DOV or FTV?
Metric tally: DOV 11 · FTV 5It depends on what you're optimizing for:
ValueDOV(lower P/E)
GrowthDOV(faster 5Y revenue CAGR)
IncomeDOV(higher dividend yield)
QualityDOV(higher ROIC)
Metrics side by side
Valuation
| Metric | DOV | FTV |
|---|---|---|
| P/E ratio | 27.18● | 35.80 |
| Forward P/E | 20.39 | 18.69● |
| P/S ratio | 3.57● | 3.97 |
| P/B ratio | 3.95 | 3.09● |
| PEG ratio | 2.48 | — |
| EV / EBITDA | 16.60● | 17.93 |
| FCF yield | 3.85% | 5.16%● |
Profitability
| Metric | DOV | FTV |
|---|---|---|
| Gross margin | 39.50% | 61.83%● |
| Operating margin | 16.70% | 17.73%● |
| Net margin | 13.30%● | 11.48% |
| ROE | 14.71%● | 8.94% |
| ROIC | 9.40%● | 7.44% |
Dividends
| Metric | DOV | FTV |
|---|---|---|
| Dividend yield | 0.96%● | 0.30% |
| Payout ratio | 26.10% | 10.29% |
Growth (annualized)
| Metric | DOV | FTV |
|---|---|---|
| Revenue CAGR (5Y) | 3.73%● | -0.20% |
| EPS CAGR (5Y) | 10.95%● | -17.51% |
| FCF CAGR (5Y) | 1.63%● | -7.26% |
| Total return CAGR (5Y) | 8.78%● | 2.65% |
Frequently asked
- Which is better, DOV or FTV?
- It depends on your goal. value: DOV (lower P/E); growth: DOV (faster 5Y revenue CAGR); income: DOV (higher dividend yield); quality: DOV (higher ROIC). Across all compared metrics, DOV leads 11 to 5.
- Is DOV or FTV cheaper?
- On trailing earnings, DOV is cheaper: DOV trades at a 27.18 P/E and FTV at 35.80.
- Which has grown faster, DOV or FTV?
- Over the past five years, DOV grew revenue faster — DOV at a 3.73% CAGR versus FTV at -0.20%.
- Does DOV or FTV pay a bigger dividend?
- DOV yields 0.96% and FTV yields 0.30% based on trailing dividends and the latest price.
- Is DOV or FTV more profitable?
- DOV runs the higher net margin — DOV at 13.30% versus FTV at 11.48%.
- Which has been the better investment, DOV or FTV?
- Over the past 5-year, DOV delivered the higher annualized total return — DOV at 16.18% versus FTV at 2.65%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Dover P/E ratioFortive P/E ratioDover dividend yieldFortive dividend yieldDover ROEFortive ROEDover operating marginFortive operating marginDover revenue growthFortive revenue growthDover free cash flowFortive free cash flow
Dover & Fortive 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 June 14, 2026.