Which has the lower trailing P/E, DOV or MKC?

MKC has the lower trailing P/E: DOV trades at 24.86 and MKC at 8.42. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, DOV or MKC?

Over the past five years, MKC grew revenue faster — DOV at a 2.54% CAGR versus MKC at 4.15%.

Does DOV or MKC pay a bigger dividend?

DOV yields 1.01% and MKC yields 3.73% based on trailing dividends and the latest price.

Is DOV or MKC more profitable?

MKC runs the higher net margin — DOV at 13.48% versus MKC at 22.05%.

How have DOV and MKC total returns compared?

Over the past 10 years, DOV delivered 15.37% and MKC delivered 2.14% annualized total return. Past performance doesn't predict future results.

Dover Corporation (DOV) vs McCormick & Company, Incorporated (MKC)

A side-by-side comparison of Dover Corporation and McCormick & Company, Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

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

DOV

Dover Corporation

$27.35B

$203.08IndustrialsDelayed quote: Jul 28, 2026, 4:00 PM EDT

MKC

McCormick & Company, Incorporated

$13.85B

$51.53Consumer DefensiveDelayed quote: Jul 28, 2026, 4:00 PM EDT

Total return — DOV vs MKC

growth of $100 · dividends reinvested · last 30y

DOV +2287.5%MKC +1861.7%DOV compounded faster

DOV MKC

DOV vs MKC: by the numbers

•DOV is the larger company ($27.35B vs $13.85B market cap).
•MKC trades at the lower trailing earnings multiple (8.42 vs 24.86 P/E), one valuation lens rather than an overall verdict.
•MKC converts more revenue to profit (22.05% vs 13.48% net margin).
•MKC grew revenue faster over the past five years (4.15% vs 2.54% CAGR).
•MKC pays the higher dividend yield (3.73% vs 1.01%).

Metrics side by side

Valuation

Metric	DOV	MKC
P/E ratio	24.86	8.42
Forward P/E	19.27	16.39
P/S ratio	3.31	1.84
P/B ratio	3.62	1.95
PEG ratio	2.27	8.59
EV / EBITDA	17.14	13.84
FCF yield	4.21%	8.50%

Profitability

Metric	DOV	MKC
Gross margin	39.58%	38.62%
Operating margin	16.87%	15.34%
Net margin	13.48%	22.05%
ROE	14.73%	23.28%
ROIC	9.40%	7.93%

Dividends

Metric	DOV	MKC
Dividend yield	1.01%	3.73%
Payout ratio	26.10%	64.29%

Growth (annualized)

Metric	DOV	MKC
Revenue CAGR (5Y)	2.54%	4.15%
EPS CAGR (5Y)	10.95%	0.98%
FCF CAGR (5Y)	2.56%	-1.93%
Total return CAGR (5Y)	6.04%	-7.29%

Frequently asked

Which has the lower trailing P/E, DOV or MKC?: MKC has the lower trailing P/E: DOV trades at 24.86 and MKC at 8.42. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, DOV or MKC?: Over the past five years, MKC grew revenue faster — DOV at a 2.54% CAGR versus MKC at 4.15%.
Does DOV or MKC pay a bigger dividend?: DOV yields 1.01% and MKC yields 3.73% based on trailing dividends and the latest price.
Is DOV or MKC more profitable?: MKC runs the higher net margin — DOV at 13.48% versus MKC at 22.05%.
How have DOV and MKC total returns compared?: Over the past 10 years, DOV delivered 15.37% and MKC delivered 2.14% annualized total return. Past performance doesn't predict future results.

Go deeper

Full DOV analysis Full MKC analysis Interactive comparison tool

Dig into the metrics

Dover P/E ratio McCormick & P/E ratio Dover dividend yield McCormick & dividend yield Dover ROE McCormick & ROE Dover operating margin McCormick & operating margin Dover revenue growth McCormick & revenue growth Dover free cash flow McCormick & free cash flow

Dover & McCormick & appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

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 July 28, 2026.