DOV vs. IEX: Dover vs. IDEX Stock Comparison
How do Dover (DOV) and IDEX (IEX) 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 IDEX (IEX) are both classified in the Industrial Machinery & Supplies & Components sub-industry within the broader Machinery industry, placing them in the closest GICS peer bucket.
| Profile Item | DOV | IEX |
|---|---|---|
| Name | Dover Corporation | IDEX Corporation |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Machinery |
| GICS Sub-Industry | Industrial Machinery & Supplies & Components | Industrial Machinery & Supplies & Components |
| Market Capitalization | 27.11 billion USD | 16.67 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | June 2, 1989 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DOV | IEX |
|---|---|---|
| Total Return (1Y) | 18.59% | 42.33% |
| Total Return (3Y, Annualized) | 18.73% | 8.92% |
| Total Return (5Y, Annualized) | 5.12% | 1.31% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DOV | IEX |
|---|---|---|
| Volatility (1Y, Annualized) | 25.76% | 22.98% |
| Beta (5Y) | 1.08 | 0.95 |
| Max Drawdown (5Y) | -35.56% | -34.60% |
| Avg. Volume (3M) | 1.21M | 666.74K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DOV | IEX |
|---|---|---|
| Sharpe Ratio (1Y) | 0.56 | 1.66 |
| Sortino Ratio (1Y) | 0.81 | 2.64 |
Profitability
ROE (TTM)
Both Dover (DOV) at 15.20% and IDEX (IEX) at 13.35% 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%
IEX
Capital Goods industry group
13.35%
- Max
- 40.55%
- Q3
- 19.29%
- IEX
- 13.35%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
For every dollar of sales, both Dover (DOV) at 13.60% and IDEX (IEX) at 14.65% 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%
IEX
Capital Goods industry group
14.65%
- Max
- 27.47%
- IEX
- 14.65%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both Dover (DOV) at 19.66% and IDEX (IEX) at 22.33% 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%
IEX
Capital Goods industry group
22.33%
- Max
- 36.60%
- IEX
- 22.33%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | DOV | IEX |
|---|---|---|
| ROE (TTM) | 15.20% | 13.35% |
| ROA (TTM) | 7.23% | 7.06% |
| Net Margin (TTM) | 13.60% | 14.65% |
| Operating Margin (TTM) | 19.66% | 22.33% |
| Gross Margin (TTM) | 40.23% | 44.91% |
Growth
Revenue Growth
Both Dover (DOV) at 4.48% and IDEX (IEX) at 5.77% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
IDEX (IEX) at -3.46% 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 | IEX |
|---|---|---|
| Revenue Growth (YoY) | 4.48% | 5.77% |
| Revenue Growth (3Y CAGR) | 1.04% | 2.81% |
| EPS Growth (YoY) | -59.18% | -3.46% |
| EPS Growth (3Y CAGR) | 2.28% | -5.97% |
Financial Strength
Current Ratio (MRQ)
Both Dover (DOV) at 1.95 and IDEX (IEX) at 2.78 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
IEX
Capital Goods industry group
2.78
- Max
- 5.22
- Q3
- 2.95
- IEX
- 2.78
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Both Dover (DOV) at 0.43 and IDEX (IEX) at 0.44 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
IEX
Capital Goods industry group
0.44
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- IEX
- 0.44
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | DOV | IEX |
|---|---|---|
| Current Ratio (MRQ) | 1.95 | 2.78 |
| Debt / Equity (MRQ) | 0.43 | 0.44 |
| Net Debt / EBITDA | 0.80 | 1.18 |
Dividends
Dividend Yield (TTM)
IDEX (IEX) at 1.30% delivers top-quartile income for its industry, while Dover (DOV) at 1.03% pays a more typical yield — both are credible income propositions, IEX the richer one.
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%
IEX
Capital Goods industry group
1.30%
- Max
- 2.66%
- IEX
- 1.30%
- 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 IDEX (IEX) at 50.14% 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%
IEX
Capital Goods industry group
50.14%
- Max
- 67.39%
- IEX
- 50.14%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DOV | IEX |
|---|---|---|
| Dividend Yield (TTM) | 1.03% | 1.30% |
| Dividend Payout Ratio (TTM) | 24.33% | 50.14% |
Valuation
P/E Ratio (TTM)
Both Dover (DOV) at 23.79 and IDEX (IEX) at 31.53 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
IEX
Capital Goods industry group
31.53
- Max
- 59.38
- Q3
- 35.92
- IEX
- 31.53
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Dover (DOV) at 3.16 is priced about in line with its industry on P/S ratio, while IDEX (IEX) at 4.56 sits in the pricier quartile — IEX 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
IEX
Capital Goods industry group
4.56
- Max
- 7.54
- IEX
- 4.56
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
On P/B ratio, both Dover (DOV) at 3.55 and IDEX (IEX) at 4.17 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
IEX
Capital Goods industry group
4.17
- Max
- 9.66
- Q3
- 5.00
- IEX
- 4.17
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | DOV | IEX |
|---|---|---|
| P/E Ratio (TTM) | 23.79 | 31.53 |
| P/S Ratio (TTM) | 3.16 | 4.56 |
| P/B Ratio (MRQ) | 3.55 | 4.17 |
| Free Cash Flow Yield (TTM) | 3.18% | 3.50% |