Dover Corporation (DOV) vs PepsiCo, Inc. (PEP)

A side-by-side comparison of Dover Corporation and PepsiCo, 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.

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

Total returnDOV vs PEP

growth of $100 · dividends reinvested · last 10y
DOV +278.5% (+14.2%/yr)PEP +75.2% (+5.8%/yr)DOV compounded faster over this window
100200300400Start $10020182020202220242026$379$175
DOV PEP

DOV vs PEP: by the numbers

  • PEP is the larger company ($186.45B vs $25.45B market cap).
  • PEP trades at the lower trailing earnings multiple (17.89 vs 22.83 P/E), one valuation lens rather than an overall verdict.
  • DOV converts more revenue to profit (13.48% vs 10.82% net margin).
  • PEP grew revenue faster over the past five years (5.37% vs 2.54% CAGR).
  • PEP pays the higher dividend yield (4.26% vs 1.10%).

Metrics side by side

Valuation

MetricDOVPEP
P/E ratio22.8317.89
Forward P/E17.6715.96
P/S ratio3.021.92
P/B ratio3.308.44
EV / EBITDA14.8812.17
FCF yield4.61%4.98%

Profitability

MetricDOVPEP
Gross margin39.58%53.96%
Operating margin16.87%14.96%
Net margin13.48%10.82%
ROE14.73%47.45%
ROIC9.56%13.22%

Dividends

MetricDOVPEP
Dividend yield1.10%4.26%
Payout ratio25.18%76.08%

Growth (annualized)

MetricDOVPEP
Revenue CAGR (5Y)2.54%5.37%
EPS CAGR (5Y)10.95%3.25%
FCF CAGR (5Y)2.55%5.40%
Total return CAGR (5Y)2.98%0.61%

Frequently asked

Which has the lower trailing P/E, DOV or PEP?
PEP has the lower trailing P/E: DOV trades at 22.83 and PEP at 17.89. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, DOV or PEP?
Over the past five years, PEP grew revenue faster — DOV at a 2.54% CAGR versus PEP at 5.37%.
Does DOV or PEP pay a bigger dividend?
DOV yields 1.10% and PEP yields 4.26% based on trailing dividends and the latest price.
Is DOV or PEP more profitable?
DOV runs the higher net margin — DOV at 13.48% versus PEP at 10.82%.
How have DOV and PEP total returns compared?
Over the past 10 years, DOV delivered 14.80% and PEP delivered 5.97% 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.