Dover Corporation (DOV) vs The Sherwin-Williams Company (SHW)
A side-by-side comparison of Dover Corporation and The Sherwin-Williams Company 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; SHW is classified in Basic Materials. 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
SHW
The Sherwin-Williams Company
$324.54Basic MaterialsDelayed quote: Sep 14, 2026, 3:55 PM EDT
Total return — DOV vs SHW
growth of $100 · dividends reinvested · last 10yDOV +278.5% (+14.2%/yr)SHW +280.4% (+14.3%/yr)SHW compounded faster over this window
DOV SHW
DOV vs SHW: by the numbers
- •SHW is the larger company ($78.79B vs $25.45B market cap).
- •DOV trades at the lower trailing earnings multiple (22.83 vs 29.91 P/E), one valuation lens rather than an overall verdict.
- •DOV converts more revenue to profit (13.48% vs 11.01% net margin).
- •SHW grew revenue faster over the past five years (4.44% vs 2.54% CAGR).
- •DOV pays the higher dividend yield (1.10% vs 0.99%).
Metrics side by side
Valuation
| Metric | DOV | SHW |
|---|---|---|
| P/E ratio | 22.83 | 29.91 |
| Forward P/E | 17.67 | 26.80 |
| P/S ratio | 3.02 | 3.23 |
| P/B ratio | 3.30 | 20.44 |
| EV / EBITDA | 14.88 | 20.02 |
| FCF yield | 4.61% | 4.08% |
Profitability
| Metric | DOV | SHW |
|---|---|---|
| Gross margin | 39.58% | 49.07% |
| Operating margin | 16.87% | 16.36% |
| Net margin | 13.48% | 11.01% |
| ROE | 14.73% | 69.74% |
| ROIC | 9.56% | 14.59% |
Dividends
| Metric | DOV | SHW |
|---|---|---|
| Dividend yield | 1.10% | 0.99% |
| Payout ratio | 25.18% | 29.40% |
Growth (annualized)
| Metric | DOV | SHW |
|---|---|---|
| Revenue CAGR (5Y) | 2.54% | 4.44% |
| EPS CAGR (5Y) | 10.95% | 6.74% |
| FCF CAGR (5Y) | 2.55% | -0.06% |
| Total return CAGR (5Y) | 2.98% | 2.39% |
Frequently asked
- Which has the lower trailing P/E, DOV or SHW?
- DOV has the lower trailing P/E: DOV trades at 22.83 and SHW at 29.91. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, DOV or SHW?
- Over the past five years, SHW grew revenue faster — DOV at a 2.54% CAGR versus SHW at 4.44%.
- Does DOV or SHW pay a bigger dividend?
- DOV yields 1.10% and SHW yields 0.99% based on trailing dividends and the latest price.
- Is DOV or SHW more profitable?
- DOV runs the higher net margin — DOV at 13.48% versus SHW at 11.01%.
- How have DOV and SHW total returns compared?
- Over the past 10 years, DOV delivered 14.80% and SHW delivered 14.49% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Dover P/E ratioSherwin-Williams P/E ratioDover dividend yieldSherwin-Williams dividend yieldDover ROESherwin-Williams ROEDover operating marginSherwin-Williams operating marginDover revenue growthSherwin-Williams revenue growthDover free cash flowSherwin-Williams free cash flow
Dover & Sherwin-Williams 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.