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DOV vs. MMM: Dover vs. 3M Stock Comparison

How do Dover (DOV) and 3M (MMM) 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 3M (MMM) both fall under the Capital Goods industry group, but DOV is classified in Machinery while MMM is classified in Industrial Conglomerates.

Company profile comparison for Dover (DOV) and 3M (MMM)
Profile ItemDOVMMM
NameDover Corporation3M Company
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryMachineryIndustrial Conglomerates
GICS Sub-IndustryIndustrial Machinery & Supplies & ComponentsIndustrial Conglomerates
Market Capitalization27.11 billion USD95.67 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 17, 1980January 2, 1962
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

DOV
MMM
GSPC
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Dover (DOV) vs. 3M (MMM), 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 3M (MMM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Dover (DOV) and 3M (MMM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Dover (DOV) and 3M (MMM)
MetricDOVMMM
Total Return (1Y)18.59%16.26%
Total Return (3Y, Annualized)18.73%38.64%
Total Return (5Y, Annualized)5.12%8.14%

Risk Profile

Drawdown History

DOV
MMM
GSPC
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Dover (DOV) vs. 3M (MMM), 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 3M (MMM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Dover (DOV) and 3M (MMM)
MetricDOVMMM
Volatility (1Y, Annualized)25.76%27.61%
Beta (5Y)1.080.97
Max Drawdown (5Y)-35.56%-48.86%
Avg. Volume (3M)1.21M3.14M

Risk-Adjusted Performance

Risk-Return Positioning

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DOV and MMM 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 3M (MMM)
MetricDOVMMM
Sharpe Ratio (1Y)0.560.43
Sortino Ratio (1Y)0.810.70

Profitability

ROE (TTM)

3M (MMM) at 72.97% 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%

MMM

Capital Goods industry group

72.97%

MMM
72.97%
Max
40.55%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%
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Dover (DOV) vs. 3M (MMM): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Dover (DOV) at 13.60% and 3M (MMM) at 14.01% 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%

MMM

Capital Goods industry group

14.01%

Max
27.47%
MMM
14.01%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%
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Dover (DOV) vs. 3M (MMM): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Dover (DOV) at 19.66% and 3M (MMM) 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%

MMM

Capital Goods industry group

23.69%

Max
36.60%
MMM
23.69%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%
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Dover (DOV) vs. 3M (MMM): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Dover (DOV) and 3M (MMM)
MetricDOVMMM
ROE (TTM)15.20%72.97%
ROA (TTM)7.23%8.22%
Net Margin (TTM)13.60%14.01%
Operating Margin (TTM)19.66%23.69%
Gross Margin (TTM)40.23%39.53%

Growth

Revenue Growth

Dover (DOV) at 4.48% is around its peer norm for revenue growth, while 3M (MMM) at 1.52% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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Dover (DOV) vs. 3M (MMM): A comparison of their Revenue Growth across different time periods.

EPS Growth

3M (MMM) at -20.53% is around its peer norm for EPS growth, while Dover (DOV) at -59.18% drops into the bottom quartile, signaling weaker earnings momentum.

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Dover (DOV) vs. 3M (MMM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Dover (DOV) and 3M (MMM)
MetricDOVMMM
Revenue Growth (YoY)4.48%1.52%
Revenue Growth (3Y CAGR)1.04%-1.57%
EPS Growth (YoY)-59.18%-20.53%
EPS Growth (3Y CAGR)2.28%-16.16%

Financial Strength

Current Ratio (MRQ)

Dover (DOV) at 1.95 keeps current ratio within its industry’s typical mid-range, while 3M (MMM) at 1.41 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for MMM.

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

MMM

Capital Goods industry group

1.41

Max
5.22
Q3
2.95
Median
2.08
Q1
1.43
MMM
1.41
Min
0.36
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Dover (DOV) vs. 3M (MMM): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Dover (DOV) at 0.43 is near its industry mid-range for debt-to-equity ratio, while 3M (MMM) at 3.04 sits above its benchmark range, pointing to a heavier debt load relative to equity.

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

MMM

Capital Goods industry group

3.04

MMM
3.04
Max
2.33
Q3
1.12
Median
0.60
Q1
0.29
Min
0.00
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Dover (DOV) vs. 3M (MMM): 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 3M (MMM)
MetricDOVMMM
Current Ratio (MRQ)1.951.41
Debt / Equity (MRQ)0.433.04
Net Debt / EBITDA0.801.26

Dividends

Dividend Yield (TTM)

3M (MMM) at 1.64% delivers top-quartile income for its industry, while Dover (DOV) at 1.03% pays a more typical yield — both are credible income propositions, MMM 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%

MMM

Capital Goods industry group

1.64%

Max
2.66%
MMM
1.64%
Q3
1.14%
Median
0.24%
Q1
0.00%
Min
0.00%
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Dover (DOV) vs. 3M (MMM): 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 3M (MMM) at 45.82% 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%

MMM

Capital Goods industry group

45.82%

Max
67.39%
MMM
45.82%
Q3
28.02%
Median
6.86%
Q1
0.00%
Min
0.00%
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Dover (DOV) vs. 3M (MMM): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Dover (DOV) and 3M (MMM)
MetricDOVMMM
Dividend Yield (TTM)1.03%1.64%
Dividend Payout Ratio (TTM)24.33%45.82%

Valuation

P/E Ratio (TTM)

Both Dover (DOV) at 23.79 and 3M (MMM) at 27.63 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

MMM

Capital Goods industry group

27.63

Max
59.38
Q3
35.92
MMM
27.63
Median
25.41
Q1
19.47
Min
3.03
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Dover (DOV) vs. 3M (MMM): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Dover (DOV) at 3.16 is priced about in line with its industry on P/S ratio, while 3M (MMM) at 3.79 sits in the pricier quartile — MMM 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

MMM

Capital Goods industry group

3.79

Max
7.54
MMM
3.79
Q3
3.76
Median
2.15
Q1
1.03
Min
0.03
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Dover (DOV) vs. 3M (MMM): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Dover (DOV) at 3.55 sits near its industry’s typical P/B ratio, while 3M (MMM) at 23.18 prices above its benchmark range — MMM looks rich relative to book.

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

MMM

Capital Goods industry group

23.18

MMM
23.18
Max
9.66
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08
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Dover (DOV) vs. 3M (MMM): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Dover (DOV) and 3M (MMM)
MetricDOVMMM
P/E Ratio (TTM)23.7927.63
P/S Ratio (TTM)3.163.79
P/B Ratio (MRQ)3.5523.18
Free Cash Flow Yield (TTM)3.18%6.66%