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

MKC has the lower trailing P/E: DOV trades at 22.83 and MKC at 8.40. 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 1.10% and MKC yields 3.68% 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 14.80% and MKC delivered 2.65% 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 September 13, 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

$25.45B

$189.00IndustrialsDelayed quote: Sep 14, 2026, 3:55 PM EDT

MKC

McCormick & Company, Incorporated

$13.57B

$50.46Consumer DefensiveDelayed quote: Sep 14, 2026, 3:55 PM EDT

Total return — DOV vs MKC

growth of $100 · dividends reinvested · last 10y

DOV +278.5% (+14.2%/yr)MKC +30.3% (+2.7%/yr)DOV compounded faster over this window

DOV MKC

DOV vs MKC: by the numbers

•DOV is the larger company ($25.45B vs $13.57B market cap).
•MKC trades at the lower trailing earnings multiple (8.40 vs 22.83 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 (3.68% vs 1.10%).

Metrics side by side

Valuation

Metric	DOV	MKC
P/E ratio	22.83	8.40
Forward P/E	17.67	16.35
P/S ratio	3.02	1.84
P/B ratio	3.30	1.94
EV / EBITDA	14.88	13.07
FCF yield	4.61%	7.28%

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	9.56%	6.16%

Dividends

Metric	DOV	MKC
Dividend yield	1.10%	3.68%
Payout ratio	25.18%	31.45%

Growth (annualized)

Metric	DOV	MKC
Revenue CAGR (5Y)	2.54%	4.15%
EPS CAGR (5Y)	10.95%	0.98%
FCF CAGR (5Y)	2.55%	-1.93%
Total return CAGR (5Y)	2.98%	-7.63%

Frequently asked

Which has the lower trailing P/E, DOV or MKC?: MKC has the lower trailing P/E: DOV trades at 22.83 and MKC at 8.40. 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 1.10% and MKC yields 3.68% 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 14.80% and MKC delivered 2.65% 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 September 13, 2026.