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 July 30, 2026. Differences are shown without an overall score or investment verdict.
DOV
Dover Corporation
$197.99IndustrialsDelayed quote: Jul 29, 2026, 4:00 PM EDT
VLTO
Veralto Corporation
$98.83IndustrialsDelayed quote: Jul 29, 2026, 4:02 PM EDT
Total return — DOV vs VLTO
growth of $100 · dividends reinvested · last 3yDOV +42.3%VLTO +24.1%DOV compounded faster
DOV VLTO
DOV vs VLTO: by the numbers
- •DOV is the larger company ($26.67B vs $24.27B market cap).
- •DOV trades at the lower trailing earnings multiple (23.91 vs 24.96 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 (1.05% vs 0.49%).
Metrics side by side
Valuation
| Metric | DOV | VLTO |
|---|---|---|
| P/E ratio | 23.91 | 24.96 |
| Forward P/E | 18.53 | 23.25 |
| P/S ratio | 3.19 | 4.26 |
| P/B ratio | 3.48 | 8.20 |
| PEG ratio | 2.18 | 2.11 |
| EV / EBITDA | 16.52 | 18.14 |
| FCF yield | 4.37% | 4.31% |
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% | 32.88% |
| ROIC | 9.40% | 16.15% |
Dividends
| Metric | DOV | VLTO |
|---|---|---|
| Dividend yield | 1.05% | 0.49% |
| Payout ratio | 26.10% | 12.66% |
Growth (annualized)
| Metric | DOV | VLTO |
|---|---|---|
| Revenue CAGR (5Y) | 2.54% | 4.82% |
| EPS CAGR (5Y) | 10.95% | 5.21% |
| FCF CAGR (5Y) | 2.56% | 1.00% |
| Total return CAGR (5Y) | 4.98% | N/A |
Frequently asked
- Which has the lower trailing P/E, DOV or VLTO?
- DOV has the lower trailing P/E: DOV trades at 23.91 and VLTO at 24.96. 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 1.05% and VLTO yields 0.49% 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 July 30, 2026.