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.

Compare

Total returnDOV vs GWW

growth of $100 · dividends reinvested · last 10y
DOV +298.1% (+14.8%/yr)GWW +584.9% (+21.2%/yr)GWW compounded faster over this window
200400600Start $10020182020202220242026$398$685
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

MetricDOVGWW
P/E ratio22.8332.56
Forward P/E17.6727.44
P/S ratio3.023.20
P/B ratio3.3014.59
EV / EBITDA14.8820.81
FCF yield4.61%2.51%

Profitability

MetricDOVGWW
Gross margin39.58%39.40%
Operating margin16.87%14.57%
Net margin13.48%9.92%
ROE14.73%45.27%
ROIC9.56%27.07%

Dividends

MetricDOVGWW
Dividend yield1.10%0.74%
Payout ratio25.18%24.24%

Growth (annualized)

MetricDOVGWW
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.

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.