DOV vs. ESLT: Dover vs. Elbit Systems Stock Comparison
How do Dover (DOV) and Elbit Systems (ESLT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Dover (DOV) and Elbit Systems (ESLT) both fall under the Capital Goods industry group, but DOV is classified in Machinery while ESLT is classified in Aerospace & Defense.
| Profile Item | DOV | ESLT |
|---|---|---|
| Name | Dover Corporation | Elbit Systems Ltd. |
| Country/Region | United States | Israel |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Aerospace & Defense |
| GICS Sub-Industry | Industrial Machinery & Supplies & Components | Aerospace & Defense |
| Market Capitalization | 27.11 billion USD | 32.00 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | March 17, 1980 | November 27, 1996 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DOV | ESLT |
|---|---|---|
| Total Return (1Y) | 18.59% | 55.34% |
| Total Return (3Y, Annualized) | 18.73% | 57.29% |
| Total Return (5Y, Annualized) | 5.12% | 37.24% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Dover (DOV) trades around 1.21M shares per day on average, while Elbit Systems (ESLT) sees only 88.09K — a volume gap that can matter for position sizing, exit liquidity, and order execution.
| Metric | DOV | ESLT |
|---|---|---|
| Volatility (1Y, Annualized) | 25.76% | 47.34% |
| Beta (5Y) | 1.08 | 0.10 |
| Max Drawdown (5Y) | -35.56% | -35.54% |
| Avg. Volume (3M) | 1.21M | 88.09K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DOV | ESLT |
|---|---|---|
| Sharpe Ratio (1Y) | 0.56 | 1.08 |
| Sortino Ratio (1Y) | 0.81 | 1.76 |
Profitability
ROE (TTM)
Both Dover (DOV) at 15.20% and Elbit Systems (ESLT) at 15.24% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
DOV
Capital Goods industry group
15.20%
- Max
- 40.55%
- Q3
- 19.29%
- DOV
- 15.20%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
ESLT
Capital Goods industry group
15.24%
- Max
- 40.55%
- Q3
- 19.29%
- ESLT
- 15.24%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
Dover (DOV) at 13.60% retains a top-quartile share of revenue as profit, ahead of Elbit Systems (ESLT) at 7.44%, which keeps about the industry-typical share.
DOV
Capital Goods industry group
13.60%
- Max
- 27.47%
- DOV
- 13.60%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
ESLT
Capital Goods industry group
7.44%
- Max
- 27.47%
- Q3
- 12.10%
- ESLT
- 7.44%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Dover (DOV) at 19.66% operates in the top operating margin quartile, ahead of Elbit Systems (ESLT) at 9.57%, which runs around its industry’s norm.
DOV
Capital Goods industry group
19.66%
- Max
- 36.60%
- DOV
- 19.66%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
ESLT
Capital Goods industry group
9.57%
- Max
- 36.60%
- Q3
- 18.33%
- Median
- 11.12%
- ESLT
- 9.57%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | DOV | ESLT |
|---|---|---|
| ROE (TTM) | 15.20% | 15.24% |
| ROA (TTM) | 7.23% | 3.87% |
| Net Margin (TTM) | 13.60% | 7.44% |
| Operating Margin (TTM) | 19.66% | 9.57% |
| Gross Margin (TTM) | 40.23% | 25.03% |
Growth
Revenue Growth
Both Dover (DOV) at 4.48% and Elbit Systems (ESLT) at 16.27% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Elbit Systems (ESLT) at 58.64% sits in the top EPS growth quartile, while Dover (DOV) at -59.18% is in the bottom quartile, showing a clear gap in earnings momentum.
Growth Metrics
| Metric | DOV | ESLT |
|---|---|---|
| Revenue Growth (YoY) | 4.48% | 16.27% |
| Revenue Growth (3Y CAGR) | 1.04% | 12.93% |
| EPS Growth (YoY) | -59.18% | 58.64% |
| EPS Growth (3Y CAGR) | 2.28% | 22.61% |
Financial Strength
Current Ratio (MRQ)
Dover (DOV) at 1.95 keeps current ratio within its industry’s typical mid-range, while Elbit Systems (ESLT) at 1.40 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ESLT.
DOV
Capital Goods industry group
1.95
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- DOV
- 1.95
- Q1
- 1.43
- Min
- 0.36
ESLT
Capital Goods industry group
1.40
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- ESLT
- 1.40
- Min
- 0.36
Debt / Equity (MRQ)
Elbit Systems (ESLT) at 0.19 keeps leverage in the lower industry quartile, while Dover (DOV) at 0.43 runs a more typical debt-to-equity mix.
DOV
Capital Goods industry group
0.43
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- DOV
- 0.43
- Q1
- 0.29
- Min
- 0.00
ESLT
Capital Goods industry group
0.19
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- ESLT
- 0.19
- Min
- 0.00
Financial Strength Metrics
| Metric | DOV | ESLT |
|---|---|---|
| Current Ratio (MRQ) | 1.95 | 1.40 |
| Debt / Equity (MRQ) | 0.43 | 0.19 |
| Net Debt / EBITDA | 0.80 | -0.11 |
Dividends
Dividend Yield (TTM)
Both Dover (DOV) at 1.03% and Elbit Systems (ESLT) at 0.58% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
DOV
Capital Goods industry group
1.03%
- Max
- 2.66%
- Q3
- 1.14%
- DOV
- 1.03%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
ESLT
Capital Goods industry group
0.58%
- Max
- 2.66%
- Q3
- 1.14%
- ESLT
- 0.58%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Dover (DOV) at 24.33% and Elbit Systems (ESLT) at 23.33% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
DOV
Capital Goods industry group
24.33%
- Max
- 67.39%
- Q3
- 28.02%
- DOV
- 24.33%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
ESLT
Capital Goods industry group
23.33%
- Max
- 67.39%
- Q3
- 28.02%
- ESLT
- 23.33%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DOV | ESLT |
|---|---|---|
| Dividend Yield (TTM) | 1.03% | 0.58% |
| Dividend Payout Ratio (TTM) | 24.33% | 23.33% |
Valuation
P/E Ratio (TTM)
Dover (DOV) at 23.79 is near its industry’s usual P/E ratio, while Elbit Systems (ESLT) at 51.36 sits in the richer quartile — ESLT needs stronger growth or earnings quality to justify the premium.
DOV
Capital Goods industry group
23.79
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- DOV
- 23.79
- Q1
- 19.47
- Min
- 3.03
ESLT
Capital Goods industry group
51.36
- Max
- 59.38
- ESLT
- 51.36
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
On P/S ratio, both Dover (DOV) at 3.16 and Elbit Systems (ESLT) at 3.74 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
DOV
Capital Goods industry group
3.16
- Max
- 7.54
- Q3
- 3.76
- DOV
- 3.16
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
ESLT
Capital Goods industry group
3.74
- Max
- 7.54
- Q3
- 3.76
- ESLT
- 3.74
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Dover (DOV) at 3.55 is valued about in line with its industry on P/B ratio, while Elbit Systems (ESLT) at 7.24 carries an above-peer premium to book — ESLT is pricier on assets.
DOV
Capital Goods industry group
3.55
- Max
- 9.66
- Q3
- 5.00
- DOV
- 3.55
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
ESLT
Capital Goods industry group
7.24
- Max
- 9.66
- ESLT
- 7.24
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | DOV | ESLT |
|---|---|---|
| P/E Ratio (TTM) | 23.79 | 51.36 |
| P/S Ratio (TTM) | 3.16 | 3.74 |
| P/B Ratio (MRQ) | 3.55 | 7.24 |
| Free Cash Flow Yield (TTM) | 3.18% | -0.12% |