DOV vs. JCI: Dover vs. Johnson Controls Stock Comparison

November 11, 2026

How do Dover (DOV) and Johnson Controls (JCI) 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 Johnson Controls (JCI) both fall under the Capital Goods industry group, but DOV is classified in Machinery while JCI is classified in Building Products.

Company profile comparison for Dover (DOV) and Johnson Controls (JCI)
Profile Item	DOV	JCI
Name	Dover Corporation	Johnson Controls International plc
Country/Region	United States	Ireland
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Machinery	Building Products
GICS Sub-Industry	Industrial Machinery & Supplies & Components	Building Products
Market Capitalization	27.11 billion USD	81.79 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1980	September 28, 1987
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

DOV

JCI

GSPC

Dover (DOV) vs. Johnson Controls (JCI), 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 Johnson Controls (JCI). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Dover (DOV) and Johnson Controls (JCI)
Metric	DOV	JCI
Total Return (1Y)	18.59%	17.11%
Total Return (3Y, Annualized)	18.73%	43.46%
Total Return (5Y, Annualized)	5.12%	15.29%

Risk Profile

Drawdown History

DOV

JCI

GSPC

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

Risk Metrics

Risk profile metrics for Dover (DOV) and Johnson Controls (JCI)
Metric	DOV	JCI
Volatility (1Y, Annualized)	25.76%	32.91%
Beta (5Y)	1.08	1.29
Max Drawdown (5Y)	-35.56%	-42.32%
Avg. Volume (3M)	1.21M	3.57M

Risk-Adjusted Performance

Risk-Return Positioning

DOV and JCI 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 Johnson Controls (JCI)
Metric	DOV	JCI
Sharpe Ratio (1Y)	0.56	0.39
Sortino Ratio (1Y)	0.81	0.54

Profitability

ROE (TTM)

Johnson Controls (JCI) at 21.73% sits in the top ROE quartile, while Dover (DOV) at 15.20% is closer to the peer norm — stronger capital efficiency for JCI.

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%

JCI

Capital Goods industry group

21.73%

Max: 40.55%
JCI: 21.73%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Dover (DOV) vs. Johnson Controls (JCI): 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 Johnson Controls (JCI) at 11.12%, 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%

JCI

Capital Goods industry group

11.12%

Max: 27.47%
Q3: 12.10%
JCI: 11.12%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Dover (DOV) vs. Johnson Controls (JCI): 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 Johnson Controls (JCI) at 17.21%, 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%

JCI

Capital Goods industry group

17.21%

Max: 36.60%
Q3: 18.33%
JCI: 17.21%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for Dover (DOV) and Johnson Controls (JCI)
Metric	DOV	JCI
ROE (TTM)	15.20%	21.73%
ROA (TTM)	7.23%	6.41%
Net Margin (TTM)	13.60%	11.12%
Operating Margin (TTM)	19.66%	17.21%
Gross Margin (TTM)	40.23%	37.07%

Growth

Revenue Growth

Both Dover (DOV) at 4.48% and Johnson Controls (JCI) at 2.81% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Dover (DOV) vs. Johnson Controls (JCI): A comparison of their Revenue Growth across different time periods.

EPS Growth

Johnson Controls (JCI) at 99.60% 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.

Dover (DOV) vs. Johnson Controls (JCI): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Dover (DOV) and Johnson Controls (JCI)
Metric	DOV	JCI
Revenue Growth (YoY)	4.48%	2.81%
Revenue Growth (3Y CAGR)	1.04%	4.57%
EPS Growth (YoY)	-59.18%	99.60%
EPS Growth (3Y CAGR)	2.28%	31.94%

Financial Strength

Current Ratio (MRQ)

Dover (DOV) at 1.95 keeps current ratio within its industry’s typical mid-range, while Johnson Controls (JCI) at 0.90 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for JCI.

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

JCI

Capital Goods industry group

0.90

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
JCI: 0.90
Min: 0.36

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

Debt / Equity (MRQ)

Both Dover (DOV) at 0.43 and Johnson Controls (JCI) at 0.68 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

JCI

Capital Goods industry group

0.68

Max: 2.33
Q3: 1.12
JCI: 0.68
Median: 0.60
Q1: 0.29
Min: 0.00

Dover (DOV) vs. Johnson Controls (JCI): 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 Johnson Controls (JCI)
Metric	DOV	JCI
Current Ratio (MRQ)	1.95	0.90
Debt / Equity (MRQ)	0.43	0.68
Net Debt / EBITDA	0.80	1.86

Dividends

Dividend Yield (TTM)

Johnson Controls (JCI) 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%

JCI

Capital Goods industry group

0.00%

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

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

Dividend Payout Ratio (TTM)

Dover (DOV) at 24.33% pays out a band-typical share of earnings, while Johnson Controls (JCI) at 45.20% 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%

JCI

Capital Goods industry group

45.20%

Max: 67.39%
JCI: 45.20%
Q3: 28.02%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Dover (DOV) and Johnson Controls (JCI)
Metric	DOV	JCI
Dividend Yield (TTM)	1.03%	0.00%
Dividend Payout Ratio (TTM)	24.33%	45.20%

Valuation

P/E Ratio (TTM)

Both Dover (DOV) at 23.79 and Johnson Controls (JCI) at 28.61 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

JCI

Capital Goods industry group

28.61

Max: 59.38
Q3: 35.92
JCI: 28.61
Median: 25.41
Q1: 19.47
Min: 3.03

Dover (DOV) vs. Johnson Controls (JCI): 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 Johnson Controls (JCI) at 3.19 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

JCI

Capital Goods industry group

3.19

Max: 7.54
Q3: 3.76
JCI: 3.19
Median: 2.15
Q1: 1.03
Min: 0.03

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

P/B Ratio (MRQ)

Dover (DOV) at 3.55 is valued about in line with its industry on P/B ratio, while Johnson Controls (JCI) at 5.99 carries an above-peer premium to book — JCI 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

JCI

Capital Goods industry group

5.99

Max: 9.66
JCI: 5.99
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

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

Valuation Metrics

Valuation metrics for Dover (DOV) and Johnson Controls (JCI)
Metric	DOV	JCI
P/E Ratio (TTM)	23.79	28.61
P/S Ratio (TTM)	3.16	3.19
P/B Ratio (MRQ)	3.55	5.99
Free Cash Flow Yield (TTM)	3.18%	3.81%