DOV vs. GEV: Dover vs. GE Vernova Stock Comparison

November 11, 2026

How do Dover (DOV) and GE Vernova (GEV) 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 GE Vernova (GEV) both fall under the Capital Goods industry group, but DOV is classified in Machinery while GEV is classified in Electrical Equipment.

Dover (DOV) carries decades of public-market history since March 17, 1980, while GE Vernova (GEV) listed on March 27, 2024 — long-window comparisons have far more historical data on the DOV side.

Company profile comparison for Dover (DOV) and GE Vernova (GEV)
Profile Item	DOV	GEV
Name	Dover Corporation	GE Vernova Inc.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Machinery	Electrical Equipment
GICS Sub-Industry	Industrial Machinery & Supplies & Components	Heavy Electrical Equipment
Market Capitalization	27.11 billion USD	204.89 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1980	March 27, 2024
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

DOV

GEV

GSPC

Dover (DOV) vs. GE Vernova (GEV), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Dover (DOV) and GE Vernova (GEV). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Dover (DOV) and GE Vernova (GEV). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Dover (DOV) and GE Vernova (GEV)
Metric	DOV	GEV
Total Return (1Y)	18.59%	44.63%
Total Return (3Y, Annualized)	18.73%	--
Total Return (5Y, Annualized)	5.12%	--

Risk Profile

Drawdown History

DOV

GEV

GSPC

Dover (DOV) vs. GE Vernova (GEV), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Dover (DOV) and GE Vernova (GEV). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Dover (DOV) and GE Vernova (GEV)
Metric	DOV	GEV
Volatility (1Y, Annualized)	25.76%	55.54%
Beta (5Y)	1.08	1.12
Max Drawdown (5Y)	-35.56%	-38.29%
Avg. Volume (3M)	1.21M	2.65M

Risk-Adjusted Performance

Risk-Return Positioning

DOV and GEV are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Dover (DOV) and GE Vernova (GEV)
Metric	DOV	GEV
Sharpe Ratio (1Y)	0.56	0.73
Sortino Ratio (1Y)	0.81	1.08

Profitability

ROE (TTM)

GE Vernova (GEV) at 93.04% clears its industry range for ROE, a sharper capital-efficiency signal than Dover (DOV) at 15.20%, which is closer to a typical peer reading.

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%

GEV

Capital Goods industry group

93.04%

GEV: 93.04%
Max: 40.55%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Dover (DOV) vs. GE Vernova (GEV): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Dover (DOV) at 13.60% and GE Vernova (GEV) at 23.54% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

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%

GEV

Capital Goods industry group

23.54%

Max: 27.47%
GEV: 23.54%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Dover (DOV) vs. GE Vernova (GEV): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Dover (DOV) at 19.66% operates in the top operating margin quartile, ahead of GE Vernova (GEV) at 12.77%, 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%

GEV

Capital Goods industry group

12.77%

Max: 36.60%
Q3: 18.33%
GEV: 12.77%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

Dover (DOV) vs. GE Vernova (GEV): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Dover (DOV) and GE Vernova (GEV)
Metric	DOV	GEV
ROE (TTM)	15.20%	93.04%
ROA (TTM)	7.23%	3.22%
Net Margin (TTM)	13.60%	23.54%
Operating Margin (TTM)	19.66%	12.77%
Gross Margin (TTM)	40.23%	21.79%

Growth

Revenue Growth

Both Dover (DOV) at 4.48% and GE Vernova (GEV) at 8.97% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Dover (DOV) vs. GE Vernova (GEV): A comparison of their Revenue Growth across different time periods.

EPS Growth

GE Vernova (GEV) at 217.03% delivers above-range EPS growth, while Dover (DOV) at -59.18% falls into the bottom quartile — a wide split in earnings momentum.

Dover (DOV) vs. GE Vernova (GEV): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Dover (DOV) and GE Vernova (GEV)
Metric	DOV	GEV
Revenue Growth (YoY)	4.48%	8.97%
Revenue Growth (3Y CAGR)	1.04%	8.68%
EPS Growth (YoY)	-59.18%	217.03%
EPS Growth (3Y CAGR)	2.28%	--

Financial Strength

Current Ratio (MRQ)

Dover (DOV) at 1.95 keeps current ratio within its industry’s typical mid-range, while GE Vernova (GEV) at 0.83 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for GEV.

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

GEV

Capital Goods industry group

0.83

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
GEV: 0.83
Min: 0.36

Dover (DOV) vs. GE Vernova (GEV): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Dover (DOV) at 0.43 and GE Vernova (GEV) at 0.30 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

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

GEV

Capital Goods industry group

0.30

Max: 2.33
Q3: 1.12
Median: 0.60
GEV: 0.30
Q1: 0.29
Min: 0.00

Dover (DOV) vs. GE Vernova (GEV): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Dover (DOV) and GE Vernova (GEV)
Metric	DOV	GEV
Current Ratio (MRQ)	1.95	0.83
Debt / Equity (MRQ)	0.43	0.30
Net Debt / EBITDA	0.80	-2.50

Dividends

Dividend Yield (TTM)

Both Dover (DOV) at 1.03% and GE Vernova (GEV) at 0.26% 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%

GEV

Capital Goods industry group

0.26%

Max: 2.66%
Q3: 1.14%
GEV: 0.26%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

Dover (DOV) vs. GE Vernova (GEV): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Both Dover (DOV) at 24.33% and GE Vernova (GEV) at 4.59% 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%

GEV

Capital Goods industry group

4.59%

Max: 67.39%
Q3: 28.02%
Median: 6.86%
GEV: 4.59%
Q1: 0.00%
Min: 0.00%

Dover (DOV) vs. GE Vernova (GEV): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Dover (DOV) and GE Vernova (GEV)
Metric	DOV	GEV
Dividend Yield (TTM)	1.03%	0.26%
Dividend Payout Ratio (TTM)	24.33%	4.59%

Valuation

P/E Ratio (TTM)

Both Dover (DOV) at 23.79 and GE Vernova (GEV) at 20.32 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

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

GEV

Capital Goods industry group

20.32

Max: 59.38
Q3: 35.92
Median: 25.41
GEV: 20.32
Q1: 19.47
Min: 3.03

Dover (DOV) vs. GE Vernova (GEV): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Dover (DOV) at 3.16 is priced about in line with its industry on P/S ratio, while GE Vernova (GEV) at 4.65 sits in the pricier quartile — GEV costs more per dollar of sales.

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

GEV

Capital Goods industry group

4.65

Max: 7.54
GEV: 4.65
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

Dover (DOV) vs. GE Vernova (GEV): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Dover (DOV) at 3.55 sits near its industry’s typical P/B ratio, while GE Vernova (GEV) at 18.00 prices above its benchmark range — GEV looks rich relative to book.

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

GEV

Capital Goods industry group

18.00

GEV: 18.00
Max: 9.66
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

Dover (DOV) vs. GE Vernova (GEV): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Dover (DOV) and GE Vernova (GEV)
Metric	DOV	GEV
P/E Ratio (TTM)	23.79	20.32
P/S Ratio (TTM)	3.16	4.65
P/B Ratio (MRQ)	3.55	18.00
Free Cash Flow Yield (TTM)	3.18%	10.79%