DOV vs. HEI: Dover vs. HEICO Stock Comparison
How do Dover (DOV) and HEICO (HEI) 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 HEICO (HEI) both fall under the Capital Goods industry group, but DOV is classified in Machinery while HEI is classified in Aerospace & Defense.
| Profile Item | DOV | HEI |
|---|---|---|
| Name | Dover Corporation | HEICO Corporation |
| Country/Region | United States | United States |
| 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 | 46.49 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DOV | HEI |
|---|---|---|
| Total Return (1Y) | 18.59% | 6.50% |
| Total Return (3Y, Annualized) | 18.73% | 28.48% |
| Total Return (5Y, Annualized) | 5.12% | 18.19% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DOV | HEI |
|---|---|---|
| Volatility (1Y, Annualized) | 25.76% | 33.37% |
| Beta (5Y) | 1.08 | 1.06 |
| Max Drawdown (5Y) | -35.56% | -27.11% |
| Avg. Volume (3M) | 1.21M | 480.74K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DOV | HEI |
|---|---|---|
| Sharpe Ratio (1Y) | 0.56 | 0.07 |
| Sortino Ratio (1Y) | 0.81 | 0.10 |
Profitability
ROE (TTM)
Both Dover (DOV) at 15.20% and HEICO (HEI) at 17.73% 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%
HEI
Capital Goods industry group
17.73%
- Max
- 40.55%
- Q3
- 19.29%
- HEI
- 17.73%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
For every dollar of sales, both Dover (DOV) at 13.60% and HEICO (HEI) at 16.38% 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%
HEI
Capital Goods industry group
16.38%
- Max
- 27.47%
- HEI
- 16.38%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both Dover (DOV) at 19.66% and HEICO (HEI) at 25.14% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
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%
HEI
Capital Goods industry group
25.14%
- Max
- 36.60%
- HEI
- 25.14%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | DOV | HEI |
|---|---|---|
| ROE (TTM) | 15.20% | 17.73% |
| ROA (TTM) | 7.23% | 8.50% |
| Net Margin (TTM) | 13.60% | 16.38% |
| Operating Margin (TTM) | 19.66% | 25.14% |
| Gross Margin (TTM) | 40.23% | 40.40% |
Growth
Revenue Growth
Both Dover (DOV) at 4.48% and HEICO (HEI) at 16.26% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
HEICO (HEI) at 33.52% 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 | HEI |
|---|---|---|
| Revenue Growth (YoY) | 4.48% | 16.26% |
| Revenue Growth (3Y CAGR) | 1.04% | 26.64% |
| EPS Growth (YoY) | -59.18% | 33.52% |
| EPS Growth (3Y CAGR) | 2.28% | 24.32% |
Financial Strength
Current Ratio (MRQ)
Both Dover (DOV) at 1.95 and HEICO (HEI) at 2.72 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
HEI
Capital Goods industry group
2.72
- Max
- 5.22
- Q3
- 2.95
- HEI
- 2.72
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Both Dover (DOV) at 0.43 and HEICO (HEI) at 0.45 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
HEI
Capital Goods industry group
0.45
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- HEI
- 0.45
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | DOV | HEI |
|---|---|---|
| Current Ratio (MRQ) | 1.95 | 2.72 |
| Debt / Equity (MRQ) | 0.43 | 0.45 |
| Net Debt / EBITDA | 0.80 | 1.56 |
Dividends
Dividend Yield (TTM)
Both Dover (DOV) at 1.03% and HEICO (HEI) at 0.08% 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%
HEI
Capital Goods industry group
0.08%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- HEI
- 0.08%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Dover (DOV) at 24.33% and HEICO (HEI) at 4.17% 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%
HEI
Capital Goods industry group
4.17%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- HEI
- 4.17%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DOV | HEI |
|---|---|---|
| Dividend Yield (TTM) | 1.03% | 0.08% |
| Dividend Payout Ratio (TTM) | 24.33% | 4.17% |
Valuation
P/E Ratio (TTM)
Dover (DOV) at 23.79 is near its industry’s usual P/E ratio, while HEICO (HEI) at 55.44 sits in the richer quartile — HEI 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
HEI
Capital Goods industry group
55.44
- Max
- 59.38
- HEI
- 55.44
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Dover (DOV) at 3.16 prices around its industry’s typical P/S ratio, while HEICO (HEI) at 8.98 clears its benchmark range — HEI looks notably rich on 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
HEI
Capital Goods industry group
8.98
- HEI
- 8.98
- Max
- 7.54
- Q3
- 3.76
- 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 HEICO (HEI) at 9.40 carries an above-peer premium to book — HEI 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
HEI
Capital Goods industry group
9.40
- Max
- 9.66
- HEI
- 9.40
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | DOV | HEI |
|---|---|---|
| P/E Ratio (TTM) | 23.79 | 55.44 |
| P/S Ratio (TTM) | 3.16 | 8.98 |
| P/B Ratio (MRQ) | 3.55 | 9.40 |
| Free Cash Flow Yield (TTM) | 3.18% | 1.82% |