DOV vs. HONA: Dover vs. Honeywell Aerospace Stock Comparison
How do Dover (DOV) and Honeywell Aerospace (HONA) 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 Aerospace (HONA) both fall under the Capital Goods industry group, but DOV is classified in Machinery while HONA is classified in Aerospace & Defense.
Dover (DOV) has been public since March 17, 1980, giving it decades of market history across multiple cycles, while Honeywell Aerospace (HONA) listed only on June 15, 2026 and lacks comparable through-cycle data.
| Profile Item | DOV | HONA |
|---|---|---|
| Name | Dover Corporation | Honeywell Aerospace Inc. |
| 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 | 48.48 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | March 17, 1980 | June 15, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DOV | HONA |
|---|---|---|
| Total Return (1Y) | 18.59% | -- |
| Total Return (3Y, Annualized) | 18.73% | -- |
| Total Return (5Y, Annualized) | 5.12% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Honeywell Aerospace (HONA) reports a negative beta of -5.78, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Dover (DOV) has a non-negative beta of 1.08.
| Metric | DOV | HONA |
|---|---|---|
| Volatility (1Y, Annualized) | 25.76% | 84.07% |
| Beta (5Y) | 1.08 | -5.78 |
| Max Drawdown (5Y) | -35.56% | -44.59% |
| Avg. Volume (3M) | 1.21M | 3.58M |
Risk-Adjusted Performance
Risk-Return Positioning
Both DOV and HONA need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | DOV | HONA |
|---|---|---|
| Sharpe Ratio (1Y) | 0.56 | -- |
| Sortino Ratio (1Y) | 0.81 | -- |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Dover (DOV) earns 15.20% on shareholders’ equity, ranked against its industry; Honeywell Aerospace (HONA) has no ROE this period.
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%
HONA
Capital Goods industry group
--
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
- HONA
- --
Net Margin (TTM)
Dover (DOV) at 13.60% retains a top-quartile share of revenue as profit, ahead of Honeywell Aerospace (HONA) at 11.25%, 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%
HONA
Capital Goods industry group
11.25%
- Max
- 27.47%
- Q3
- 12.10%
- HONA
- 11.25%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both Dover (DOV) at 19.66% and Honeywell Aerospace (HONA) at 23.69% 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%
HONA
Capital Goods industry group
23.69%
- Max
- 36.60%
- HONA
- 23.69%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | DOV | HONA |
|---|---|---|
| ROE (TTM) | 15.20% | -- |
| ROA (TTM) | 7.23% | -- |
| Net Margin (TTM) | 13.60% | 11.25% |
| Operating Margin (TTM) | 19.66% | 23.69% |
| Gross Margin (TTM) | 40.23% | 34.64% |
Growth
Revenue Growth
Both Dover (DOV) at 4.48% and Honeywell Aerospace (HONA) at 12.68% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Dover (DOV) at -59.18% and Honeywell Aerospace (HONA) at -36.80% post bottom-quartile EPS growth versus peers, pointing to weaker earnings momentum than typical rivals.
Growth Metrics
| Metric | DOV | HONA |
|---|---|---|
| Revenue Growth (YoY) | 4.48% | 12.68% |
| Revenue Growth (3Y CAGR) | 1.04% | -- |
| EPS Growth (YoY) | -59.18% | -36.80% |
| EPS Growth (3Y CAGR) | 2.28% | -- |
Financial Strength
Current Ratio (MRQ)
Both Dover (DOV) at 1.95 and Honeywell Aerospace (HONA) at 1.64 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
HONA
Capital Goods industry group
1.64
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- HONA
- 1.64
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Dover (DOV) carries debt-to-equity ratio of 0.43 against its industry range, while Honeywell Aerospace (HONA) reports no figure this period.
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
HONA
Capital Goods industry group
--
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
- HONA
- --
Financial Strength Metrics
| Metric | DOV | HONA |
|---|---|---|
| Current Ratio (MRQ) | 1.95 | 1.64 |
| Debt / Equity (MRQ) | 0.43 | -- |
| Net Debt / EBITDA | 0.80 | 3.43 |
Dividends
Dividend Yield (TTM)
Honeywell Aerospace (HONA) 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%
HONA
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- HONA
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Honeywell Aerospace (HONA) 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%
HONA
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- HONA
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DOV | HONA |
|---|---|---|
| Dividend Yield (TTM) | 1.03% | 0.00% |
| Dividend Payout Ratio (TTM) | 24.33% | 0.00% |
Valuation
P/E Ratio (TTM)
Dover (DOV) at 23.79 is near its industry’s usual P/E ratio, while Honeywell Aerospace (HONA) at 43.32 sits in the richer quartile — HONA 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
HONA
Capital Goods industry group
43.32
- Max
- 59.38
- HONA
- 43.32
- 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 Honeywell Aerospace (HONA) at 2.69 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
HONA
Capital Goods industry group
2.69
- Max
- 7.54
- Q3
- 3.76
- HONA
- 2.69
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Honeywell Aerospace (HONA) reports a negative P/B ratio of -18.85, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Dover (DOV) reports 3.55, ranking against industry peers normally.
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
HONA
Capital Goods industry group
-18.85
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
- HONA
- -18.85
Valuation Metrics
| Metric | DOV | HONA |
|---|---|---|
| P/E Ratio (TTM) | 23.79 | 43.32 |
| P/S Ratio (TTM) | 3.16 | 2.69 |
| P/B Ratio (MRQ) | 3.55 | -18.85 |
| Free Cash Flow Yield (TTM) | 3.18% | -- |