DOV vs. OTIS: Dover vs. Otis Worldwide Stock Comparison
How do Dover (DOV) and Otis Worldwide (OTIS) 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 Otis Worldwide (OTIS) are both classified in the Industrial Machinery & Supplies & Components sub-industry within the broader Machinery industry, placing them in the closest GICS peer bucket.
Dover (DOV) has more than two decades of public-market history since March 17, 1980, whereas Otis Worldwide (OTIS) listed on March 19, 2020 and has a much shorter record to draw on.
| Profile Item | DOV | OTIS |
|---|---|---|
| Name | Dover Corporation | Otis Worldwide 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 | 30.06 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | March 19, 2020 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DOV | OTIS |
|---|---|---|
| Total Return (1Y) | 18.59% | -10.81% |
| Total Return (3Y, Annualized) | 18.73% | 1.33% |
| Total Return (5Y, Annualized) | 5.12% | 0.66% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DOV | OTIS |
|---|---|---|
| Volatility (1Y, Annualized) | 25.76% | 23.24% |
| Beta (5Y) | 1.08 | 0.85 |
| Max Drawdown (5Y) | -35.56% | -37.22% |
| Avg. Volume (3M) | 1.21M | 4.42M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DOV | OTIS |
|---|---|---|
| Sharpe Ratio (1Y) | 0.56 | -0.65 |
| Sortino Ratio (1Y) | 0.81 | -0.92 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Dover (DOV) earns 15.20% on shareholders’ equity, ranked against its industry; Otis Worldwide (OTIS) has no ROE this period.
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%
OTIS
Capital Goods industry group
--
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
- OTIS
- --
Net Margin (TTM)
Dover (DOV) at 13.60% retains a top-quartile share of revenue as profit, ahead of Otis Worldwide (OTIS) at 10.28%, 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%
OTIS
Capital Goods industry group
10.28%
- Max
- 27.47%
- Q3
- 12.10%
- OTIS
- 10.28%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Dover (DOV) at 19.66% operates in the top operating margin quartile, ahead of Otis Worldwide (OTIS) at 15.97%, 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%
OTIS
Capital Goods industry group
15.97%
- Max
- 36.60%
- Q3
- 18.33%
- OTIS
- 15.97%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | DOV | OTIS |
|---|---|---|
| ROE (TTM) | 15.20% | -- |
| ROA (TTM) | 7.23% | 13.26% |
| Net Margin (TTM) | 13.60% | 10.28% |
| Operating Margin (TTM) | 19.66% | 15.97% |
| Gross Margin (TTM) | 40.23% | 29.95% |
Growth
Revenue Growth
Dover (DOV) at 4.48% is around its peer norm for revenue growth, while Otis Worldwide (OTIS) at 1.19% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Otis Worldwide (OTIS) at -14.00% 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 | OTIS |
|---|---|---|
| Revenue Growth (YoY) | 4.48% | 1.19% |
| Revenue Growth (3Y CAGR) | 1.04% | 1.79% |
| EPS Growth (YoY) | -59.18% | -14.00% |
| EPS Growth (3Y CAGR) | 2.28% | 5.74% |
Financial Strength
Current Ratio (MRQ)
Dover (DOV) at 1.95 keeps current ratio within its industry’s typical mid-range, while Otis Worldwide (OTIS) at 0.86 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for OTIS.
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
OTIS
Capital Goods industry group
0.86
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- OTIS
- 0.86
- Min
- 0.36
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Dover (DOV) carries debt-to-equity ratio of 0.43 against its industry range, while Otis Worldwide (OTIS) reports no figure this period.
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
OTIS
Capital Goods industry group
--
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
- OTIS
- --
Financial Strength Metrics
| Metric | DOV | OTIS |
|---|---|---|
| Current Ratio (MRQ) | 1.95 | 0.86 |
| Debt / Equity (MRQ) | 0.43 | -- |
| Net Debt / EBITDA | 0.80 | 3.12 |
Dividends
Dividend Yield (TTM)
Otis Worldwide (OTIS) at 2.16% delivers top-quartile income for its industry, while Dover (DOV) at 1.03% pays a more typical yield — both are credible income propositions, OTIS 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%
OTIS
Capital Goods industry group
2.16%
- Max
- 2.66%
- OTIS
- 2.16%
- 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 Otis Worldwide (OTIS) at 42.79% 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%
OTIS
Capital Goods industry group
42.79%
- Max
- 67.39%
- OTIS
- 42.79%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DOV | OTIS |
|---|---|---|
| Dividend Yield (TTM) | 1.03% | 2.16% |
| Dividend Payout Ratio (TTM) | 24.33% | 42.79% |
Valuation
P/E Ratio (TTM)
Both Dover (DOV) at 23.79 and Otis Worldwide (OTIS) at 19.64 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
OTIS
Capital Goods industry group
19.64
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- OTIS
- 19.64
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
On P/S ratio, both Dover (DOV) at 3.16 and Otis Worldwide (OTIS) at 1.99 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
OTIS
Capital Goods industry group
1.99
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- OTIS
- 1.99
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Otis Worldwide (OTIS) reports a negative P/B ratio of -5.54, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Dover (DOV) reports 3.55, ranking against industry peers normally.
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
OTIS
Capital Goods industry group
-5.54
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
- OTIS
- -5.54
Valuation Metrics
| Metric | DOV | OTIS |
|---|---|---|
| P/E Ratio (TTM) | 23.79 | 19.64 |
| P/S Ratio (TTM) | 3.16 | 1.99 |
| P/B Ratio (MRQ) | 3.55 | -5.54 |
| Free Cash Flow Yield (TTM) | 3.18% | 4.61% |