DOV vs. HON: Dover vs. Honeywell Stock Comparison
How do Dover (DOV) and Honeywell (HON) 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 Honeywell (HON) both fall under the Capital Goods industry group, but DOV is classified in Machinery while HON is classified in Industrial Conglomerates.
| Profile Item | DOV | HON |
|---|---|---|
| Name | Dover Corporation | Honeywell International Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Industrial Conglomerates |
| GICS Sub-Industry | Industrial Machinery & Supplies & Components | Industrial Conglomerates |
| Market Capitalization | 27.11 billion USD | 69.74 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | March 17, 1980 | January 2, 1962 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DOV | HON |
|---|---|---|
| Total Return (1Y) | 18.59% | 14.14% |
| Total Return (3Y, Annualized) | 18.73% | 9.90% |
| Total Return (5Y, Annualized) | 5.12% | 2.32% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DOV | HON |
|---|---|---|
| Volatility (1Y, Annualized) | 25.76% | 27.11% |
| Beta (5Y) | 1.08 | 0.80 |
| Max Drawdown (5Y) | -35.56% | -25.21% |
| Avg. Volume (3M) | 1.21M | 2.82M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DOV | HON |
|---|---|---|
| Sharpe Ratio (1Y) | 0.56 | 0.36 |
| Sortino Ratio (1Y) | 0.81 | 0.52 |
Profitability
ROE (TTM)
Honeywell (HON) at 44.39% 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%
HON
Capital Goods industry group
44.39%
- HON
- 44.39%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
For every dollar of sales, both Dover (DOV) at 13.60% and Honeywell (HON) at 18.68% 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%
HON
Capital Goods industry group
18.68%
- Max
- 27.47%
- HON
- 18.68%
- Q3
- 12.10%
- 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 Honeywell (HON) at 16.92%, 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%
HON
Capital Goods industry group
16.92%
- Max
- 36.60%
- Q3
- 18.33%
- HON
- 16.92%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | DOV | HON |
|---|---|---|
| ROE (TTM) | 15.20% | 44.39% |
| ROA (TTM) | 7.23% | 7.13% |
| Net Margin (TTM) | 13.60% | 18.68% |
| Operating Margin (TTM) | 19.66% | 16.92% |
| Gross Margin (TTM) | 40.23% | 37.21% |
Growth
Revenue Growth
Both Dover (DOV) at 4.48% and Honeywell (HON) at 7.85% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Honeywell (HON) at -8.27% is around its peer norm for EPS growth, while Dover (DOV) at -59.18% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | DOV | HON |
|---|---|---|
| Revenue Growth (YoY) | 4.48% | 7.85% |
| Revenue Growth (3Y CAGR) | 1.04% | 1.82% |
| EPS Growth (YoY) | -59.18% | -8.27% |
| EPS Growth (3Y CAGR) | 2.28% | 3.20% |
Financial Strength
Current Ratio (MRQ)
Dover (DOV) at 1.95 keeps current ratio within its industry’s typical mid-range, while Honeywell (HON) at 0.96 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for HON.
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
HON
Capital Goods industry group
0.96
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- HON
- 0.96
- Min
- 0.36
Debt / Equity (MRQ)
Both Dover (DOV) at 0.43 and Honeywell (HON) at 0.76 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
HON
Capital Goods industry group
0.76
- Max
- 2.33
- Q3
- 1.12
- HON
- 0.76
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | DOV | HON |
|---|---|---|
| Current Ratio (MRQ) | 1.95 | 0.96 |
| Debt / Equity (MRQ) | 0.43 | 0.76 |
| Net Debt / EBITDA | 0.80 | 1.23 |
Dividends
Dividend Yield (TTM)
Dover (DOV) at 1.03% pays an industry-typical yield; Honeywell (HON) at 3.63% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.
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%
HON
Capital Goods industry group
3.63%
- HON
- 3.63%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Dover (DOV) at 24.33% pays out a band-typical share of earnings, while Honeywell (HON) at 38.87% distributes more than its industry norm — less retained, thinner cover.
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%
HON
Capital Goods industry group
38.87%
- Max
- 67.39%
- HON
- 38.87%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DOV | HON |
|---|---|---|
| Dividend Yield (TTM) | 1.03% | 3.63% |
| Dividend Payout Ratio (TTM) | 24.33% | 38.87% |
Valuation
P/E Ratio (TTM)
Honeywell (HON) at 10.91 sits in the cheaper P/E ratio quartile, while Dover (DOV) at 23.79 is closer to its industry’s usual earnings multiple — a discount for HON, though growth and earnings durability still matter.
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
HON
Capital Goods industry group
10.91
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- HON
- 10.91
- Min
- 3.03
P/S Ratio (TTM)
On P/S ratio, both Dover (DOV) at 3.16 and Honeywell (HON) at 1.85 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
HON
Capital Goods industry group
1.85
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- HON
- 1.85
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
On P/B ratio, both Dover (DOV) at 3.55 and Honeywell (HON) at 3.12 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
HON
Capital Goods industry group
3.12
- Max
- 9.66
- Q3
- 5.00
- HON
- 3.12
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | DOV | HON |
|---|---|---|
| P/E Ratio (TTM) | 23.79 | 10.91 |
| P/S Ratio (TTM) | 3.16 | 1.85 |
| P/B Ratio (MRQ) | 3.55 | 3.12 |
| Free Cash Flow Yield (TTM) | 3.18% | 10.07% |