Dover Corporation (DOV) vs W.W. Grainger, Inc. (GWW)
A side-by-side comparison of Dover Corporation and W.W. Grainger, Inc. 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.
DOV
Dover Corporation
$189.00IndustrialsDelayed quote: Sep 14, 2026, 3:55 PM EDT
GWW
W.W. Grainger, Inc.
$1,276.17IndustrialsDelayed quote: Sep 14, 2026, 3:55 PM EDT
Total return — DOV vs GWW
growth of $100 · dividends reinvested · last 10yDOV +298.1% (+14.8%/yr)GWW +584.9% (+21.2%/yr)GWW compounded faster over this window
DOV GWW
DOV vs GWW: by the numbers
- •GWW is the larger company ($60.25B vs $25.45B market cap).
- •DOV trades at the lower trailing earnings multiple (22.83 vs 32.56 P/E), one valuation lens rather than an overall verdict.
- •DOV converts more revenue to profit (13.48% vs 9.92% net margin).
- •GWW grew revenue faster over the past five years (9.00% vs 2.54% CAGR).
- •DOV pays the higher dividend yield (1.10% vs 0.74%).
Metrics side by side
Valuation
| Metric | DOV | GWW |
|---|---|---|
| P/E ratio | 22.83 | 32.56 |
| Forward P/E | 17.67 | 27.44 |
| P/S ratio | 3.02 | 3.20 |
| P/B ratio | 3.30 | 14.59 |
| EV / EBITDA | 14.88 | 20.81 |
| FCF yield | 4.61% | 2.51% |
Profitability
| Metric | DOV | GWW |
|---|---|---|
| Gross margin | 39.58% | 39.40% |
| Operating margin | 16.87% | 14.57% |
| Net margin | 13.48% | 9.92% |
| ROE | 14.73% | 45.27% |
| ROIC | 9.56% | 27.07% |
Dividends
| Metric | DOV | GWW |
|---|---|---|
| Dividend yield | 1.10% | 0.74% |
| Payout ratio | 25.18% | 24.24% |
Growth (annualized)
| Metric | DOV | GWW |
|---|---|---|
| Revenue CAGR (5Y) | 2.54% | 9.00% |
| EPS CAGR (5Y) | 10.95% | 22.25% |
| FCF CAGR (5Y) | 2.55% | 9.51% |
| Total return CAGR (5Y) | 2.98% | 26.48% |
Frequently asked
- Which has the lower trailing P/E, DOV or GWW?
- DOV has the lower trailing P/E: DOV trades at 22.83 and GWW at 32.56. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, DOV or GWW?
- Over the past five years, GWW grew revenue faster — DOV at a 2.54% CAGR versus GWW at 9.00%.
- Does DOV or GWW pay a bigger dividend?
- DOV yields 1.10% and GWW yields 0.74% based on trailing dividends and the latest price.
- Is DOV or GWW more profitable?
- DOV runs the higher net margin — DOV at 13.48% versus GWW at 9.92%.
- How have DOV and GWW total returns compared?
- Over the past 10 years, DOV delivered 14.80% and GWW delivered 20.88% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Dover P/E ratioW.W. Grainger P/E ratioDover dividend yieldW.W. Grainger dividend yieldDover ROEW.W. Grainger ROEDover operating marginW.W. Grainger operating marginDover revenue growthW.W. Grainger revenue growthDover free cash flowW.W. Grainger free cash flow
Dover & W.W. Grainger 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.