DOV vs. LII: Dover vs. Lennox Stock Comparison
How do Dover (DOV) and Lennox (LII) 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 Lennox (LII) both fall under the Capital Goods industry group, but DOV is classified in Machinery while LII is classified in Building Products.
| Profile Item | DOV | LII |
|---|---|---|
| Name | Dover Corporation | Lennox International Inc. |
| Country/Region | United States | United States |
| 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 | 11.70 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | July 29, 1999 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DOV | LII |
|---|---|---|
| Total Return (1Y) | 18.59% | -27.83% |
| Total Return (3Y, Annualized) | 18.73% | -2.32% |
| Total Return (5Y, Annualized) | 5.12% | 3.79% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DOV | LII |
|---|---|---|
| Volatility (1Y, Annualized) | 25.76% | 41.59% |
| Beta (5Y) | 1.08 | 1.18 |
| Max Drawdown (5Y) | -35.56% | -49.95% |
| Avg. Volume (3M) | 1.21M | 563.34K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DOV | LII |
|---|---|---|
| Sharpe Ratio (1Y) | 0.56 | -0.77 |
| Sortino Ratio (1Y) | 0.81 | -0.96 |
Profitability
ROE (TTM)
Lennox (LII) at 62.82% 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%
LII
Capital Goods industry group
62.82%
- LII
- 62.82%
- 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 Lennox (LII) at 13.76% 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%
LII
Capital Goods industry group
13.76%
- Max
- 27.47%
- LII
- 13.76%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both Dover (DOV) at 19.66% and Lennox (LII) at 20.57% 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%
LII
Capital Goods industry group
20.57%
- Max
- 36.60%
- LII
- 20.57%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | DOV | LII |
|---|---|---|
| ROE (TTM) | 15.20% | 62.82% |
| ROA (TTM) | 7.23% | 15.93% |
| Net Margin (TTM) | 13.60% | 13.76% |
| Operating Margin (TTM) | 19.66% | 20.57% |
| Gross Margin (TTM) | 40.23% | 32.62% |
Growth
Revenue Growth
Dover (DOV) at 4.48% is around its peer norm for revenue growth, while Lennox (LII) at -2.73% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Lennox (LII) at 1.11% 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 | LII |
|---|---|---|
| Revenue Growth (YoY) | 4.48% | -2.73% |
| Revenue Growth (3Y CAGR) | 1.04% | 3.26% |
| EPS Growth (YoY) | -59.18% | 1.11% |
| EPS Growth (3Y CAGR) | 2.28% | 17.97% |
Financial Strength
Current Ratio (MRQ)
Dover (DOV) at 1.95 keeps current ratio within its industry’s typical mid-range, while Lennox (LII) at 1.21 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for LII.
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
LII
Capital Goods industry group
1.21
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- LII
- 1.21
- Min
- 0.36
Debt / Equity (MRQ)
Dover (DOV) at 0.43 carries an industry-typical debt-to-equity mix, while Lennox (LII) at 1.58 uses more debt funding than most peers.
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
LII
Capital Goods industry group
1.58
- Max
- 2.33
- LII
- 1.58
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | DOV | LII |
|---|---|---|
| Current Ratio (MRQ) | 1.95 | 1.21 |
| Debt / Equity (MRQ) | 0.43 | 1.58 |
| Net Debt / EBITDA | 0.80 | 1.73 |
Dividends
Dividend Yield (TTM)
Lennox (LII) at 1.53% delivers top-quartile income for its industry, while Dover (DOV) at 1.03% pays a more typical yield — both are credible income propositions, LII 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%
LII
Capital Goods industry group
1.53%
- Max
- 2.66%
- LII
- 1.53%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Dover (DOV) at 24.33% and Lennox (LII) at 24.68% 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%
LII
Capital Goods industry group
24.68%
- Max
- 67.39%
- Q3
- 28.02%
- LII
- 24.68%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DOV | LII |
|---|---|---|
| Dividend Yield (TTM) | 1.03% | 1.53% |
| Dividend Payout Ratio (TTM) | 24.33% | 24.68% |
Valuation
P/E Ratio (TTM)
Lennox (LII) at 15.47 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 LII, 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
LII
Capital Goods industry group
15.47
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- LII
- 15.47
- Min
- 3.03
P/S Ratio (TTM)
On P/S ratio, both Dover (DOV) at 3.16 and Lennox (LII) at 2.15 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
LII
Capital Goods industry group
2.15
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- LII
- 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 Lennox (LII) at 8.88 carries an above-peer premium to book — LII 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
LII
Capital Goods industry group
8.88
- Max
- 9.66
- LII
- 8.88
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | DOV | LII |
|---|---|---|
| P/E Ratio (TTM) | 23.79 | 15.47 |
| P/S Ratio (TTM) | 3.16 | 2.15 |
| P/B Ratio (MRQ) | 3.55 | 8.88 |
| Free Cash Flow Yield (TTM) | 3.18% | 3.14% |