DOV vs. GNRC: Dover vs. Generac Stock Comparison

November 11, 2026

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

Company profile comparison for Dover (DOV) and Generac (GNRC)
Profile Item	DOV	GNRC
Name	Dover Corporation	Generac Holdings 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	Electrical Components & Equipment
Market Capitalization	27.11 billion USD	10.43 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1980	February 11, 2010
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

DOV

GNRC

GSPC

Dover (DOV) vs. Generac (GNRC), 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 Generac (GNRC). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Dover (DOV) and Generac (GNRC)
Metric	DOV	GNRC
Total Return (1Y)	18.59%	23.38%
Total Return (3Y, Annualized)	18.73%	23.05%
Total Return (5Y, Annualized)	5.12%	-15.31%

Risk Profile

Drawdown History

DOV

GNRC

GSPC

Dover (DOV) vs. Generac (GNRC), 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 Generac (GNRC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Dover (DOV) and Generac (GNRC)
Metric	DOV	GNRC
Volatility (1Y, Annualized)	25.76%	59.48%
Beta (5Y)	1.08	1.84
Max Drawdown (5Y)	-35.56%	-81.73%
Avg. Volume (3M)	1.21M	1.22M

Risk-Adjusted Performance

Risk-Return Positioning

DOV and GNRC 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 Generac (GNRC)
Metric	DOV	GNRC
Sharpe Ratio (1Y)	0.56	0.32
Sortino Ratio (1Y)	0.81	0.50

Profitability

ROE (TTM)

Both Dover (DOV) at 15.20% and Generac (GNRC) at 10.64% 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%

GNRC

Capital Goods industry group

10.64%

Max: 40.55%
Q3: 19.29%
Median: 12.12%
GNRC: 10.64%
Q1: 4.08%
Min: -17.12%

Dover (DOV) vs. Generac (GNRC): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Dover (DOV) at 13.60% retains a top-quartile share of revenue as profit, ahead of Generac (GNRC) at 6.52%, 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%

GNRC

Capital Goods industry group

6.52%

Max: 27.47%
Q3: 12.10%
GNRC: 6.52%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Dover (DOV) vs. Generac (GNRC): 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 Generac (GNRC) at 11.67%, 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%

GNRC

Capital Goods industry group

11.67%

Max: 36.60%
Q3: 18.33%
GNRC: 11.67%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for Dover (DOV) and Generac (GNRC)
Metric	DOV	GNRC
ROE (TTM)	15.20%	10.64%
ROA (TTM)	7.23%	4.24%
Net Margin (TTM)	13.60%	6.52%
Operating Margin (TTM)	19.66%	11.67%
Gross Margin (TTM)	40.23%	38.18%

Growth

Revenue Growth

Dover (DOV) at 4.48% is around its peer norm for revenue growth, while Generac (GNRC) at -2.02% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Dover (DOV) vs. Generac (GNRC): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Dover (DOV) at -59.18% and Generac (GNRC) at -50.09% post bottom-quartile EPS growth versus peers, pointing to weaker earnings momentum than typical rivals.

Dover (DOV) vs. Generac (GNRC): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Dover (DOV) and Generac (GNRC)
Metric	DOV	GNRC
Revenue Growth (YoY)	4.48%	-2.02%
Revenue Growth (3Y CAGR)	1.04%	-2.67%
EPS Growth (YoY)	-59.18%	-50.09%
EPS Growth (3Y CAGR)	2.28%	-20.83%

Financial Strength

Current Ratio (MRQ)

Both Dover (DOV) at 1.95 and Generac (GNRC) at 1.97 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

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

GNRC

Capital Goods industry group

1.97

Max: 5.22
Q3: 2.95
Median: 2.08
GNRC: 1.97
Q1: 1.43
Min: 0.36

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

Debt / Equity (MRQ)

Both Dover (DOV) at 0.43 and Generac (GNRC) at 0.47 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

GNRC

Capital Goods industry group

0.47

Max: 2.33
Q3: 1.12
Median: 0.60
GNRC: 0.47
Q1: 0.29
Min: 0.00

Dover (DOV) vs. Generac (GNRC): 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 Generac (GNRC)
Metric	DOV	GNRC
Current Ratio (MRQ)	1.95	1.97
Debt / Equity (MRQ)	0.43	0.47
Net Debt / EBITDA	0.80	1.65

Dividends

Dividend Yield (TTM)

Generac (GNRC) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Dover (DOV) reports a yield of 1.03%, ranking against industry peers normally.

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%

GNRC

Capital Goods industry group

0.00%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
GNRC: 0.00%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Generac (GNRC) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Dover (DOV) reports a payout of 24.33%, ranking against industry peers normally.

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%

GNRC

Capital Goods industry group

0.00%

Max: 67.39%
Q3: 28.02%
Median: 6.86%
GNRC: 0.00%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Dover (DOV) and Generac (GNRC)
Metric	DOV	GNRC
Dividend Yield (TTM)	1.03%	0.00%
Dividend Payout Ratio (TTM)	24.33%	0.00%

Valuation

P/E Ratio (TTM)

Both Dover (DOV) at 23.79 and Generac (GNRC) at 34.87 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

GNRC

Capital Goods industry group

34.87

Max: 59.38
Q3: 35.92
GNRC: 34.87
Median: 25.41
Q1: 19.47
Min: 3.03

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

P/S Ratio (TTM)

On P/S ratio, both Dover (DOV) at 3.16 and Generac (GNRC) at 2.26 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

GNRC

Capital Goods industry group

2.26

Max: 7.54
Q3: 3.76
GNRC: 2.26
Median: 2.15
Q1: 1.03
Min: 0.03

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

P/B Ratio (MRQ)

On P/B ratio, both Dover (DOV) at 3.55 and Generac (GNRC) at 3.46 are valued close to their industries’ norm against book — neither stands out from peers.

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

GNRC

Capital Goods industry group

3.46

Max: 9.66
Q3: 5.00
GNRC: 3.46
Median: 3.12
Q1: 1.81
Min: -1.08

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

Valuation Metrics

Valuation metrics for Dover (DOV) and Generac (GNRC)
Metric	DOV	GNRC
P/E Ratio (TTM)	23.79	34.87
P/S Ratio (TTM)	3.16	2.26
P/B Ratio (MRQ)	3.55	3.46
Free Cash Flow Yield (TTM)	3.18%	3.21%