DOV vs. MTZ: Dover vs. MasTec Stock Comparison

November 11, 2026

How do Dover (DOV) and MasTec (MTZ) 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 MasTec (MTZ) both fall under the Capital Goods industry group, but DOV is classified in Machinery while MTZ is classified in Construction & Engineering.

Company profile comparison for Dover (DOV) and MasTec (MTZ)
Profile Item	DOV	MTZ
Name	Dover Corporation	MasTec, Inc.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Machinery	Construction & Engineering
GICS Sub-Industry	Industrial Machinery & Supplies & Components	Construction & Engineering
Market Capitalization	27.11 billion USD	13.98 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1980	February 21, 1973
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

DOV

MTZ

GSPC

Dover (DOV) vs. MasTec (MTZ), 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 MasTec (MTZ). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Dover (DOV) and MasTec (MTZ)
Metric	DOV	MTZ
Total Return (1Y)	18.59%	-7.45%
Total Return (3Y, Annualized)	18.73%	57.37%
Total Return (5Y, Annualized)	5.12%	13.96%

Risk Profile

Drawdown History

DOV

MTZ

GSPC

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

Risk Metrics

Risk profile metrics for Dover (DOV) and MasTec (MTZ)
Metric	DOV	MTZ
Volatility (1Y, Annualized)	25.76%	55.99%
Beta (5Y)	1.08	1.91
Max Drawdown (5Y)	-35.56%	-63.67%
Avg. Volume (3M)	1.21M	1.63M

Risk-Adjusted Performance

Risk-Return Positioning

DOV and MTZ 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 MasTec (MTZ)
Metric	DOV	MTZ
Sharpe Ratio (1Y)	0.56	-0.21
Sortino Ratio (1Y)	0.81	-0.28

Profitability

ROE (TTM)

Both Dover (DOV) at 15.20% and MasTec (MTZ) at 14.53% 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%

MTZ

Capital Goods industry group

14.53%

Max: 40.55%
Q3: 19.29%
MTZ: 14.53%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Dover (DOV) vs. MasTec (MTZ): 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 MasTec (MTZ) at 2.80%, 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%

MTZ

Capital Goods industry group

2.80%

Max: 27.47%
Q3: 12.10%
Median: 6.30%
MTZ: 2.80%
Q1: 1.40%
Min: -12.89%

Dover (DOV) vs. MasTec (MTZ): 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 MasTec (MTZ) at 5.64%, 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%

MTZ

Capital Goods industry group

5.64%

Max: 36.60%
Q3: 18.33%
Median: 11.12%
MTZ: 5.64%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for Dover (DOV) and MasTec (MTZ)
Metric	DOV	MTZ
ROE (TTM)	15.20%	14.53%
ROA (TTM)	7.23%	4.43%
Net Margin (TTM)	13.60%	2.80%
Operating Margin (TTM)	19.66%	5.64%
Gross Margin (TTM)	40.23%	12.74%

Growth

Revenue Growth

Both Dover (DOV) at 4.48% and MasTec (MTZ) at 16.22% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Dover (DOV) vs. MasTec (MTZ): A comparison of their Revenue Growth across different time periods.

EPS Growth

MasTec (MTZ) at 146.12% delivers above-range EPS growth, while Dover (DOV) at -59.18% falls into the bottom quartile — a wide split in earnings momentum.

Dover (DOV) vs. MasTec (MTZ): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Dover (DOV) and MasTec (MTZ)
Metric	DOV	MTZ
Revenue Growth (YoY)	4.48%	16.22%
Revenue Growth (3Y CAGR)	1.04%	13.51%
EPS Growth (YoY)	-59.18%	146.12%
EPS Growth (3Y CAGR)	2.28%	129.40%

Financial Strength

Current Ratio (MRQ)

Dover (DOV) at 1.95 keeps current ratio within its industry’s typical mid-range, while MasTec (MTZ) at 1.39 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for MTZ.

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

MTZ

Capital Goods industry group

1.39

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
MTZ: 1.39
Min: 0.36

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

Debt / Equity (MRQ)

Dover (DOV) at 0.43 carries an industry-typical debt-to-equity mix, while MasTec (MTZ) at 1.12 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

MTZ

Capital Goods industry group

1.12

Max: 2.33
MTZ: 1.12
Q3: 1.12
Median: 0.60
Q1: 0.29
Min: 0.00

Dover (DOV) vs. MasTec (MTZ): 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 MasTec (MTZ)
Metric	DOV	MTZ
Current Ratio (MRQ)	1.95	1.39
Debt / Equity (MRQ)	0.43	1.12
Net Debt / EBITDA	0.80	3.08

Dividends

Dividend Yield (TTM)

MasTec (MTZ) 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%

MTZ

Capital Goods industry group

0.00%

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

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

Dividend Payout Ratio (TTM)

MasTec (MTZ) 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%

MTZ

Capital Goods industry group

0.00%

Max: 67.39%
Q3: 28.02%
Median: 6.86%
MTZ: 0.00%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Dover (DOV) and MasTec (MTZ)
Metric	DOV	MTZ
Dividend Yield (TTM)	1.03%	0.00%
Dividend Payout Ratio (TTM)	24.33%	0.00%

Valuation

P/E Ratio (TTM)

Both Dover (DOV) at 23.79 and MasTec (MTZ) at 28.40 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

MTZ

Capital Goods industry group

28.40

Max: 59.38
Q3: 35.92
MTZ: 28.40
Median: 25.41
Q1: 19.47
Min: 3.03

Dover (DOV) vs. MasTec (MTZ): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

MasTec (MTZ) at 0.81 sits in the cheaper P/S ratio quartile while Dover (DOV) at 3.16 prices around its industry’s middle — MTZ costs less per dollar of sales, though read it alongside growth and margins.

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

MTZ

Capital Goods industry group

0.81

Max: 7.54
Q3: 3.76
Median: 2.15
Q1: 1.03
MTZ: 0.81
Min: 0.03

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

P/B Ratio (MRQ)

On P/B ratio, both Dover (DOV) at 3.55 and MasTec (MTZ) at 3.35 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

MTZ

Capital Goods industry group

3.35

Max: 9.66
Q3: 5.00
MTZ: 3.35
Median: 3.12
Q1: 1.81
Min: -1.08

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

Valuation Metrics

Valuation metrics for Dover (DOV) and MasTec (MTZ)
Metric	DOV	MTZ
P/E Ratio (TTM)	23.79	28.40
P/S Ratio (TTM)	3.16	0.81
P/B Ratio (MRQ)	3.55	3.35
Free Cash Flow Yield (TTM)	3.18%	1.00%