Dover Corporation (DOV) vs Walmart Inc. (WMT)
A side-by-side comparison of Dover Corporation and Walmart 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; WMT is classified in Consumer Defensive. 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
WMT
Walmart Inc.
$109.12Consumer DefensiveDelayed quote: Sep 14, 2026, 3:55 PM EDT
Total return — DOV vs WMT
growth of $100 · dividends reinvested · last 10yDOV +289.9% (+14.6%/yr)WMT +420.4% (+17.9%/yr)WMT compounded faster over this window
DOV WMT
DOV vs WMT: by the numbers
- •WMT is the larger company ($868.35B vs $25.45B market cap).
- •DOV trades at the lower trailing earnings multiple (22.83 vs 39.39 P/E), one valuation lens rather than an overall verdict.
- •DOV converts more revenue to profit (13.48% vs 3.00% net margin).
- •WMT grew revenue faster over the past five years (5.38% vs 2.54% CAGR).
- •DOV pays the higher dividend yield (1.10% vs 0.92%).
Metrics side by side
Valuation
| Metric | DOV | WMT |
|---|---|---|
| P/E ratio | 22.83 | 39.39 |
| Forward P/E | 17.67 | 37.75 |
| P/S ratio | 3.02 | 1.18 |
| P/B ratio | 3.30 | 8.84 |
| EV / EBITDA | 14.88 | 19.64 |
| FCF yield | 4.61% | 1.56% |
Profitability
| Metric | DOV | WMT |
|---|---|---|
| Gross margin | 39.58% | 25.23% |
| Operating margin | 16.87% | 4.39% |
| Net margin | 13.48% | 3.00% |
| ROE | 14.73% | 22.47% |
| ROIC | 9.56% | 12.89% |
Dividends
| Metric | DOV | WMT |
|---|---|---|
| Dividend yield | 1.10% | 0.92% |
| Payout ratio | 25.18% | 35.29% |
Growth (annualized)
| Metric | DOV | WMT |
|---|---|---|
| Revenue CAGR (5Y) | 2.54% | 5.38% |
| EPS CAGR (5Y) | 10.95% | 10.95% |
| FCF CAGR (5Y) | 2.55% | -5.40% |
| Total return CAGR (5Y) | 2.98% | 18.21% |
Frequently asked
- Which has the lower trailing P/E, DOV or WMT?
- DOV has the lower trailing P/E: DOV trades at 22.83 and WMT at 39.39. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, DOV or WMT?
- Over the past five years, WMT grew revenue faster — DOV at a 2.54% CAGR versus WMT at 5.38%.
- Does DOV or WMT pay a bigger dividend?
- DOV yields 1.10% and WMT yields 0.92% based on trailing dividends and the latest price.
- Is DOV or WMT more profitable?
- DOV runs the higher net margin — DOV at 13.48% versus WMT at 3.00%.
- How have DOV and WMT total returns compared?
- Over the past 10 years, DOV delivered 14.80% and WMT delivered 18.23% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Dover P/E ratioWalmart P/E ratioDover dividend yieldWalmart dividend yieldDover ROEWalmart ROEDover operating marginWalmart operating marginDover revenue growthWalmart revenue growthDover free cash flowWalmart free cash flow
Dover & Walmart appear in these rankings
25+ Year Dividend GrowersHighest FCF Yield StocksHighest 10-Year Total Return StocksLargest Companies by Market Cap
Related comparisons
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.