DOV vs GTX vs IPGP Stock Comparison

Dover, Garrett Motion and Ipg Photonics Prices as of Nov 4, 2026 Peers: Industry group
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DOV DOVER Corp
$212.64 +11.1% 1M +19.3% 1Y
Market cap
$28.16B
P/E
24.1x
Revenue (TTM)
$8.58B
Div. yield
0.01%
Industrial Machinery Industrials
5 wins
GTX Garrett Motion Inc.
$19.77 -25.9% 1M +15.3% 1Y
Market cap
$3.66B
P/E
9.7x
Revenue (TTM)
$3.78B
Div. yield
–
Industrial Machinery Industrials
5 wins
IPGP Ipg Photonics Corp
$70.11 -16.1% 1M -16.5% 1Y
Market cap
$2.73B
P/E
67.5x
Revenue (TTM)
$1.11B
Div. yield
–
Industrial Machinery Industrials
1 win

Head to Head

11 decided of 12

Dover leads on 5 of the 12 questions below (Dover 5, Garrett Motion 5, Ipg Photonics 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDOVGTXIPGPLeader
Larger companyMarket capitalisation $28.16B $3.66B $2.73B DOV
Cheaper on earningsLower P/E, profitable companies only 24.1x 9.7x 67.5x GTX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 20.8x 10.9x 66.8x GTX
Faster revenue growthRevenue growth, trailing twelve months +8.2% +6.9% +14.8% IPGP
More profitableNet margin, trailing twelve months 13.6% 10.0% 3.6% DOV
Better return on capitalReturn on invested capital 10.7% 62.4% — GTX
Less leveragedLower net debt / EBITDA 0.8x 1.7x — DOV
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +19.3% +15.3% -16.5% DOV
Better 5-year returnAnnualised price return, 5 years +4.4%/yr +23.1%/yr -16.4%/yr GTX
Less volatileAnnualised volatility, 1 year 25.3% 45.3% 72.3% DOV
Higher overall scoreMean of the five percentile scores vs peers 58/100 67/100 44/100 GTX

Percentile Scorecard

DOVGTXIPGP

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDOVGTXIPGP
Valuation 47 #109 of 204 99 #4 of 204 44 #114 of 204
Growth 47 #102 of 191 49 #98 of 191 24 #146 of 191
Profitability 78 #43 of 189 77 #45 of 189 32 #128 of 189
Financial Health 71 #65 of 221 16 #185 of 221 96 #9 of 221
Shareholder Returns 46 #86 of 159 92 #13 of 159 25 #120 of 159
Overall 58 67 44
  • DOV ranked among 223 companies in Machinery
  • GTX ranked among 223 companies in Machinery
  • IPGP ranked among 223 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDOVGTXIPGPSPY
1 month +11.1%-25.9%-16.1% -1.0%
3 months +1.1%-37.1%-23.6% -0.4%
6 months -6.4%-26.6%-31.2% +4.5%
Year to date +8.9%+13.4%-2.1% +12.4%
1 year +19.3%+15.3%-16.5% +13.6%
3 years +58.3%+165.0%-23.7% +76.4%
3 years, per year +16.5%+38.4%-8.6% +20.8%
5 years +24.1%+182.4%-59.1% +63.7%
5 years, per year +4.4%+23.1%-16.4% +10.4%
10 years +301.7%—-25.3% +267.7%
10 years, per year +14.9%—-2.9% +13.9%

Risk

MeasureDOVGTXIPGPSPY
Volatility, 1Y 25.3%45.3%72.3% 12.8%
Downside volatility, 1Y 25.1%39.6%78.6% 12.7%
Beta vs S&P 500, 1Y 0.901.662.05 1.00
Return / volatility, 1Y 0.760.34-0.23 1.06
Max drawdown, 5Y -36.3%-45.4%-71.5% -25.4%
From 52-week high -8.9%-45.4%-54.4% -1.6%
52-week high $233.31$36.23$153.91 $779.14
52-week low $178.03$15.64$69.41 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDOVGTXIPGP
P/E now vs peer median 24.5xmedian 25.5x 9.8xmedian 25.5x 73.9xmedian 25.5x
P/S now vs peer median 3.3xmedian 1.9x 1.0xmedian 1.9x 2.7xmedian 1.9x
EV/EBITDA now vs peer median 16.1xmedian 14.4x 7.3xmedian 14.4x 23.3xmedian 14.4x
P/FCF now vs peer median 23.8xmedian 23.3x 9.3xmedian 23.3x 85.1xmedian 23.3x
P/B now vs peer median 3.7xmedian 2.2x -5.9xmedian 2.2x 1.4xmedian 2.2x
PEG now vs peer median 4.16median 1.16 0.06median 1.16 -3.85median 1.16

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDOVGTXIPGP
Revenue $8.58B $3.78B $1.11B
Gross profit $3.40B $799.00M $428.15M
Operating income $1.46B $555.00M $20.89M
Net income $1.17B $377.00M $40.37M
Free cash flow $1.19B $395.00M $35.01M
R&D – – $124.42M
EPS (diluted) $8.65 $1.98 $0.94
Cash & equivalents $1.69B $211.00M $710.69M
Total debt $3.26B $1.37B –
Shares (diluted) 134.88M 190.59M 42.84M
Enterprise value $21.39B $2.97B -$722.88M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDOVGTXIPGP
P/E 24.5x 9.8x 73.9x
P/FCF 23.8x 9.3x 85.1x
P/Operating cash flow 20.1x 7.7x 27.8x
P/S 3.3x 1.0x 2.7x
P/B 3.7x -5.9x 1.4x
P/Tangible book 4.7x -5.9x 1.4x
EV/EBITDA 16.1x 7.3x 23.3x
EV/EBIT 20.4x 8.7x 98.3x
EV/Revenue 3.5x 1.3x 1.9x
EV/FCF 25.1x 12.2x 58.7x
EV/Operating cash flow 21.2x 10.1x 19.1x
PEG (3Y EPS CAGR) 4.16 0.06 -3.85

Growth

14 metrics
MetricDOVGTXIPGP
Revenue growth (1Y) 8.2% 6.9% 14.8%
Revenue CAGR (3Y) 4.1% -0.5% -5.8%
Gross profit growth (1Y) 8.3% 9.8% 14.9%
Gross profit CAGR (3Y) 6.1% 3.2% -4.3%
Operating income growth (1Y) 10.5% 13.0% -12.0%
Operating income CAGR (3Y) 6.0% 3.7% -43.3%
Net income growth (1Y) -48.1% 15.6% 57.4%
Net income CAGR (3Y) 4.4% 5.5% -21.8%
EPS growth (1Y) -46.9% 22.7% 56.4%
EPS CAGR (3Y) 5.9% 162.6% -19.2%
Operating cash flow growth (1Y) 14.3% 7.2% -10.8%
Operating cash flow CAGR (3Y) 12.1% 0.7% -22.6%
Free cash flow growth (1Y) 17.1% 6.2% -3.4%
Free cash flow CAGR (3Y) 12.8% -0.2% -33.8%

Profitability

14 metrics
MetricDOVGTXIPGP
Gross margin 39.7% 21.1% 38.7%
EBITDA margin 21.6% 17.5% 8.0%
Operating margin 17.0% 14.7% 1.9%
Pretax margin 16.9% 12.3% 4.7%
Net margin 13.6% 10.0% 3.6%
FCF margin 13.9% 10.4% 3.2%
Operating cash flow margin 16.4% 12.6% 9.7%
Return on equity 15.2% – 1.9%
Return on assets 8.5% 15.1% 1.6%
Return on invested capital 10.7% 62.4% –
Return on capital employed 13.1% 53.8% 1.0%
Asset turnover 0.6x 1.5x 0.5x
Cash conversion (OCF / net income) 1.2x 1.3x 2.7x
Stock comp / revenue 0.5% 0.8% 3.8%

Financial Health

11 metrics
MetricDOVGTXIPGP
Debt / assets 23.9% 53.9% –
Debt / equity 0.4x -2.2x –
Net debt / EBITDA 0.8x 1.7x –
Debt / FCF 2.7x 3.5x –
Liabilities / assets 44.2% 124.4% 12.8%
Equity / assets 55.8% -24.4% 87.2%
Interest coverage 12.7x 5.4x –
Current ratio 1.9x 1.0x 6.0x
Quick ratio 1.3x 0.7x 4.4x
Cash ratio 0.7x 0.1x 3.6x
Altman Z-score 5.52 2.31 8.25

Shareholder Returns

7 metrics
MetricDOVGTXIPGP
Dividend yield 1.0% 1.6% –
Net buyback yield 3.1% 6.7% 0.3%
Shareholder yield 4.1% 8.3% 0.3%
Payout ratio (earnings) 24.1% – –
Payout ratio (FCF) 23.6% – –
Dividend growth (1Y) -1.2% – –
Dividend CAGR (3Y) -0.4% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDOVGTXIPGP
Forward P/E 20.8xFY2026 10.9xFY2026 66.8xFY2026
EPS, next fiscal year $10.22FY2026 $1.82FY2026 $1.05FY2026
EPS growth, next FY +6.3%FY2026 +11.0%FY2026 +43.8%FY2026
EPS growth, the year after +11.4% +13.2% +109.5%
Revenue, next fiscal year $8.16BFY2026 $3.58BFY2026 $1.18BFY2026
Revenue growth, next FY +0.8%FY2026 0.0%FY2026 +18.1%FY2026
Revenue growth, the year after +17.8% +16.2% +7.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDOVGTXIPGP
Held by institutions 91.1% 96.8% 71.5%
Institutions holding 1,165 460 358
Change in shares held, QoQ -0.3% +0.8% +4.7%
Institutions buying 501 240 214
Institutions selling 406 140 96
Buyers to sellers 1.23 1.71 2.23

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DOVGTXIPGP
DOV 1.00 0.40 0.25
GTX 0.40 1.00 0.35
IPGP 0.25 0.35 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DOV, GTX and IPGP?

Dover (DOV) is the largest by market capitalisation: Dover (DOV) $28.16B, Garrett Motion (GTX) $3.66B, Ipg Photonics (IPGP) $2.73B.

Which stock is cheaper, DOV, GTX and IPGP?

Garrett Motion (GTX) trades on the lowest price-to-earnings ratio (Dover (DOV) 24.1x, Garrett Motion (GTX) 9.7x, Ipg Photonics (IPGP) 67.5x). On next year's consensus earnings, Garrett Motion (GTX) is cheapest (Dover (DOV) 20.8x, Garrett Motion (GTX) 10.9x, Ipg Photonics (IPGP) 66.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Ipg Photonics (IPGP) grew revenue fastest over the trailing twelve months: Dover (DOV) +8.2%, Garrett Motion (GTX) +6.9%, Ipg Photonics (IPGP) +14.8%.

Which company is more profitable?

Dover (DOV) has the highest net margin (Dover (DOV) 13.6%, Garrett Motion (GTX) 10.0%, Ipg Photonics (IPGP) 3.6%). On return on invested capital, Garrett Motion (GTX) leads (Dover (DOV) 10.7%, Garrett Motion (GTX) 62.4%).

Which stock has performed better?

Over the past year Dover (DOV) returned the most: Dover (DOV) +19.3%, Garrett Motion (GTX) +15.3%, Ipg Photonics (IPGP) -16.5%. Over five years, Garrett Motion (GTX) compounded fastest (Dover (DOV) +4.4%/yr, Garrett Motion (GTX) +23.1%/yr, Ipg Photonics (IPGP) -16.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Dover (DOV) 0.01%, Garrett Motion (GTX) 0.00%, Ipg Photonics (IPGP) 0.00%. Garrett Motion (GTX) and Ipg Photonics (IPGP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Dover (DOV) has been the steadiest (Dover (DOV) 25.3%, Garrett Motion (GTX) 45.3%, Ipg Photonics (IPGP) 72.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DOV, GTX and IPGP?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Dover (DOV) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.