DOV vs. PH: Dover vs. Parker-Hannifin Stock Comparison
How do Dover (DOV) and Parker-Hannifin (PH) 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 Parker-Hannifin (PH) are both classified in the Industrial Machinery & Supplies & Components sub-industry within the broader Machinery industry, placing them in the closest GICS peer bucket.
| Profile Item | DOV | PH |
|---|---|---|
| Name | Dover Corporation | Parker-Hannifin 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 | 115.73 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DOV | PH |
|---|---|---|
| Total Return (1Y) | 18.59% | 14.13% |
| Total Return (3Y, Annualized) | 18.73% | 33.71% |
| Total Return (5Y, Annualized) | 5.12% | 25.35% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DOV | PH |
|---|---|---|
| Volatility (1Y, Annualized) | 25.76% | 27.33% |
| Beta (5Y) | 1.08 | 1.12 |
| Max Drawdown (5Y) | -35.56% | -28.64% |
| Avg. Volume (3M) | 1.21M | 627.57K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DOV | PH |
|---|---|---|
| Sharpe Ratio (1Y) | 0.56 | 0.36 |
| Sortino Ratio (1Y) | 0.81 | 0.53 |
Profitability
ROE (TTM)
Parker-Hannifin (PH) at 24.95% sits in the top ROE quartile, while Dover (DOV) at 15.20% is closer to the peer norm — stronger capital efficiency for PH.
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%
PH
Capital Goods industry group
24.95%
- Max
- 40.55%
- PH
- 24.95%
- 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 Parker-Hannifin (PH) at 16.62% 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%
PH
Capital Goods industry group
16.62%
- Max
- 27.47%
- PH
- 16.62%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both Dover (DOV) at 19.66% and Parker-Hannifin (PH) at 21.90% 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%
PH
Capital Goods industry group
21.90%
- Max
- 36.60%
- PH
- 21.90%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | DOV | PH |
|---|---|---|
| ROE (TTM) | 15.20% | 24.95% |
| ROA (TTM) | 7.23% | 8.56% |
| Net Margin (TTM) | 13.60% | 16.62% |
| Operating Margin (TTM) | 19.66% | 21.90% |
| Gross Margin (TTM) | 40.23% | 37.70% |
Growth
Revenue Growth
Both Dover (DOV) at 4.48% and Parker-Hannifin (PH) at 8.31% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Parker-Hannifin (PH) at 5.01% 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 | PH |
|---|---|---|
| Revenue Growth (YoY) | 4.48% | 8.31% |
| Revenue Growth (3Y CAGR) | 1.04% | 4.09% |
| EPS Growth (YoY) | -59.18% | 5.01% |
| EPS Growth (3Y CAGR) | 2.28% | 21.09% |
Financial Strength
Current Ratio (MRQ)
Dover (DOV) at 1.95 keeps current ratio within its industry’s typical mid-range, while Parker-Hannifin (PH) at 0.94 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for PH.
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
PH
Capital Goods industry group
0.94
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- PH
- 0.94
- Min
- 0.36
Debt / Equity (MRQ)
Both Dover (DOV) at 0.43 and Parker-Hannifin (PH) at 1.09 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
PH
Capital Goods industry group
1.09
- Max
- 2.33
- Q3
- 1.12
- PH
- 1.09
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | DOV | PH |
|---|---|---|
| Current Ratio (MRQ) | 1.95 | 0.94 |
| Debt / Equity (MRQ) | 0.43 | 1.09 |
| Net Debt / EBITDA | 0.80 | 2.81 |
Dividends
Dividend Yield (TTM)
Both Dover (DOV) at 1.03% and Parker-Hannifin (PH) at 0.85% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
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%
PH
Capital Goods industry group
0.85%
- Max
- 2.66%
- Q3
- 1.14%
- PH
- 0.85%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Dover (DOV) at 24.33% and Parker-Hannifin (PH) at 26.11% 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%
PH
Capital Goods industry group
26.11%
- Max
- 67.39%
- Q3
- 28.02%
- PH
- 26.11%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DOV | PH |
|---|---|---|
| Dividend Yield (TTM) | 1.03% | 0.85% |
| Dividend Payout Ratio (TTM) | 24.33% | 26.11% |
Valuation
P/E Ratio (TTM)
Both Dover (DOV) at 23.79 and Parker-Hannifin (PH) at 31.53 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
PH
Capital Goods industry group
31.53
- Max
- 59.38
- Q3
- 35.92
- PH
- 31.53
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Dover (DOV) at 3.16 is priced about in line with its industry on P/S ratio, while Parker-Hannifin (PH) at 5.16 sits in the pricier quartile — PH 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
PH
Capital Goods industry group
5.16
- Max
- 7.54
- PH
- 5.16
- Q3
- 3.76
- Median
- 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 Parker-Hannifin (PH) at 7.25 carries an above-peer premium to book — PH 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
PH
Capital Goods industry group
7.25
- Max
- 9.66
- PH
- 7.25
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | DOV | PH |
|---|---|---|
| P/E Ratio (TTM) | 23.79 | 31.53 |
| P/S Ratio (TTM) | 3.16 | 5.16 |
| P/B Ratio (MRQ) | 3.55 | 7.25 |
| Free Cash Flow Yield (TTM) | 3.18% | 2.45% |