Dover Corporation (DOV) vs Veralto Corporation (VLTO)
A side-by-side comparison of Dover Corporation and Veralto Corporation 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.
DOV
Dover Corporation
$189.54IndustrialsDelayed quote: Sep 15, 2026, 10:20 AM EDT
VLTO
Veralto Corporation
$95.56IndustrialsDelayed quote: Sep 15, 2026, 10:15 AM EDT
Total return — DOV vs VLTO
growth of $100 · dividends reinvested · last 3yDOV +40.1% (+11.9%/yr)VLTO +19.0% (+6.0%/yr)DOV compounded faster over this window
DOV VLTO
DOV vs VLTO: by the numbers
- •DOV is the larger company ($25.53B vs $23.30B market cap).
- •DOV trades at the lower trailing earnings multiple (22.89 vs 24.13 P/E), one valuation lens rather than an overall verdict.
- •VLTO converts more revenue to profit (17.35% vs 13.48% net margin).
- •VLTO grew revenue faster over the past five years (4.82% vs 2.54% CAGR).
- •DOV pays the higher dividend yield (1.10% vs 0.53%).
Metrics side by side
Valuation
| Metric | DOV | VLTO |
|---|---|---|
| P/E ratio | 22.89 | 24.13 |
| Forward P/E | 17.72 | 21.81 |
| P/S ratio | 3.03 | 4.09 |
| P/B ratio | 3.31 | 7.52 |
| EV / EBITDA | 14.92 | 17.86 |
| FCF yield | 4.60% | 4.49% |
Profitability
| Metric | DOV | VLTO |
|---|---|---|
| Gross margin | 39.58% | 60.18% |
| Operating margin | 16.87% | 22.74% |
| Net margin | 13.48% | 17.35% |
| ROE | 14.73% | 31.90% |
| ROIC | 9.56% | 14.70% |
Dividends
| Metric | DOV | VLTO |
|---|---|---|
| Dividend yield | 1.10% | 0.53% |
| Payout ratio | 25.18% | 12.63% |
Growth (annualized)
| Metric | DOV | VLTO |
|---|---|---|
| Revenue CAGR (5Y) | 2.54% | 4.82% |
| EPS CAGR (5Y) | 10.95% | 5.21% |
| FCF CAGR (5Y) | 2.55% | 1.00% |
| Total return CAGR (5Y) | 2.98% | N/A |
Frequently asked
- Which has the lower trailing P/E, DOV or VLTO?
- DOV has the lower trailing P/E: DOV trades at 22.89 and VLTO at 24.13. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, DOV or VLTO?
- Over the past five years, VLTO grew revenue faster — DOV at a 2.54% CAGR versus VLTO at 4.82%.
- Does DOV or VLTO pay a bigger dividend?
- DOV yields 1.10% and VLTO yields 0.53% based on trailing dividends and the latest price.
- Is DOV or VLTO more profitable?
- VLTO runs the higher net margin — DOV at 13.48% versus VLTO at 17.35%.
Go deeper
Dig into the metrics
Dover P/E ratioVeralto P/E ratioDover dividend yieldVeralto dividend yieldDover ROEVeralto ROEDover operating marginVeralto operating marginDover revenue growthVeralto revenue growthDover free cash flowVeralto free cash flow
Dover & Veralto 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.