Dover Corporation (DOV) vs Hormel Foods Corporation (HRL)
A side-by-side comparison of Dover Corporation and Hormel Foods 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: DOV is classified in Industrials; HRL is classified in Consumer Defensive. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
DOV
Dover Corporation
$189.00IndustrialsDelayed quote: Sep 14, 2026, 3:55 PM EDT
HRL
Hormel Foods Corporation
$20.99Consumer DefensiveDelayed quote: Sep 14, 2026, 3:55 PM EDT
Total return — DOV vs HRL
growth of $100 · dividends reinvested · last 10yDOV +298.1% (+14.8%/yr)HRL -25.9% (-3.0%/yr)DOV compounded faster over this window
Log scale — wide-divergence pair
DOV HRL
DOV vs HRL: by the numbers
- •DOV is the larger company ($25.45B vs $11.55B market cap).
- •DOV trades at the lower trailing earnings multiple (22.83 vs 33.32 P/E), one valuation lens rather than an overall verdict.
- •DOV converts more revenue to profit (13.48% vs 2.82% net margin).
- •HRL grew revenue faster over the past five years (3.25% vs 2.54% CAGR).
- •HRL pays the higher dividend yield (5.68% vs 1.10%).
Metrics side by side
Valuation
| Metric | DOV | HRL |
|---|---|---|
| P/E ratio | 22.83 | 33.32 |
| Forward P/E | 17.67 | 14.13 |
| P/S ratio | 3.02 | 0.95 |
| P/B ratio | 3.30 | 1.47 |
| EV / EBITDA | 14.88 | 16.04 |
| FCF yield | 4.61% | 6.76% |
Profitability
| Metric | DOV | HRL |
|---|---|---|
| Gross margin | 39.58% | 15.68% |
| Operating margin | 16.87% | 4.72% |
| Net margin | 13.48% | 2.82% |
| ROE | 14.73% | 4.37% |
| ROIC | 9.56% | 3.16% |
Dividends
| Metric | DOV | HRL |
|---|---|---|
| Dividend yield | 1.10% | 5.68% |
| Payout ratio | 25.18% | 185.32% |
Growth (annualized)
| Metric | DOV | HRL |
|---|---|---|
| Revenue CAGR (5Y) | 2.54% | 3.25% |
| EPS CAGR (5Y) | 10.95% | -12.47% |
| FCF CAGR (5Y) | 2.55% | -6.83% |
| Total return CAGR (5Y) | 2.98% | -10.43% |
Frequently asked
- Which has the lower trailing P/E, DOV or HRL?
- DOV has the lower trailing P/E: DOV trades at 22.83 and HRL at 33.32. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, DOV or HRL?
- Over the past five years, HRL grew revenue faster — DOV at a 2.54% CAGR versus HRL at 3.25%.
- Does DOV or HRL pay a bigger dividend?
- DOV yields 1.10% and HRL yields 5.68% based on trailing dividends and the latest price.
- Is DOV or HRL more profitable?
- DOV runs the higher net margin — DOV at 13.48% versus HRL at 2.82%.
- How have DOV and HRL total returns compared?
- Over the past 10 years, DOV delivered 14.80% and HRL delivered -2.85% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Dover P/E ratioHormel Foods P/E ratioDover dividend yieldHormel Foods dividend yieldDover ROEHormel Foods ROEDover operating marginHormel Foods operating marginDover revenue growthHormel Foods revenue growthDover free cash flowHormel Foods free cash flow
Dover & Hormel Foods 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.