Dover Corporation (DOV) vs S&P Global Inc. (SPGI)
A side-by-side comparison of Dover Corporation and S&P Global 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.
Different business models: DOV is classified in Industrials; SPGI is classified in Financial Services. 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
SPGI
S&P Global Inc.
$419.68Financial ServicesDelayed quote: Sep 14, 2026, 3:55 PM EDT
Total return — DOV vs SPGI
growth of $100 · dividends reinvested · last 10yDOV +278.5% (+14.2%/yr)SPGI +264.9% (+13.8%/yr)DOV compounded faster over this window
DOV SPGI
DOV vs SPGI: by the numbers
- •SPGI is the larger company ($123.72B vs $25.45B market cap).
- •DOV trades at the lower trailing earnings multiple (22.83 vs 25.56 P/E), one valuation lens rather than an overall verdict.
- •SPGI converts more revenue to profit (30.53% vs 13.48% net margin).
- •SPGI grew revenue faster over the past five years (15.53% vs 2.54% CAGR).
- •DOV pays the higher dividend yield (1.10% vs 0.94%).
Metrics side by side
Valuation
| Metric | DOV | SPGI |
|---|---|---|
| P/E ratio | 22.83 | 25.56 |
| Forward P/E | 17.67 | 23.48 |
| P/S ratio | 3.02 | 7.67 |
| P/B ratio | 3.30 | 3.91 |
| EV / EBITDA | 14.88 | N/A |
| FCF yield | 4.61% | N/A |
Profitability
| Metric | DOV | SPGI |
|---|---|---|
| Gross margin | 39.58% | 70.90% |
| Operating margin | 16.87% | 46.27% |
| Net margin | 13.48% | 30.53% |
| ROE | 14.73% | 15.57% |
| ROIC | 9.56% | N/A |
Dividends
| Metric | DOV | SPGI |
|---|---|---|
| Dividend yield | 1.10% | 0.94% |
| Payout ratio | 25.18% | 23.57% |
Growth (annualized)
| Metric | DOV | SPGI |
|---|---|---|
| Revenue CAGR (5Y) | 2.54% | 15.53% |
| EPS CAGR (5Y) | 10.95% | 8.60% |
| FCF CAGR (5Y) | 2.55% | N/A |
| Total return CAGR (5Y) | 2.98% | -0.99% |
Frequently asked
- Which has the lower trailing P/E, DOV or SPGI?
- DOV has the lower trailing P/E: DOV trades at 22.83 and SPGI at 25.56. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, DOV or SPGI?
- Over the past five years, SPGI grew revenue faster — DOV at a 2.54% CAGR versus SPGI at 15.53%.
- Does DOV or SPGI pay a bigger dividend?
- DOV yields 1.10% and SPGI yields 0.94% based on trailing dividends and the latest price.
- Is DOV or SPGI more profitable?
- SPGI runs the higher net margin — DOV at 13.48% versus SPGI at 30.53%.
- How have DOV and SPGI total returns compared?
- Over the past 10 years, DOV delivered 14.80% and SPGI delivered 13.91% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Dover P/E ratioS&P Global P/E ratioDover dividend yieldS&P Global dividend yieldDover ROES&P Global ROEDover operating marginS&P Global operating marginDover revenue growthS&P Global revenue growthDover free cash flow
Dover & S&P Global 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.