DOV vs GTX vs IPGP Stock Comparison

Dover, Garrett Motion and Ipg Photonics Prices as of Oct 27, 2026 Peers: Industry group
DOV DOVER Corp
$206.21 +7.5% 1M +15.9% 1Y
Market cap
$27.99B
P/E
24.0x
Revenue (TTM)
$8.58B
Div. yield
–
Industrial Machinery Industrials
2 wins
GTX Garrett Motion Inc.
$22.01 -14.4% 1M +29.1% 1Y
Market cap
$4.16B
P/E
11.6x
Revenue (TTM)
$3.75B
Div. yield
–
Industrial Machinery Industrials
6 wins
IPGP Ipg Photonics Corp
$74.34 -4.8% 1M -14.7% 1Y
Market cap
$3.21B
P/E
116.3x
Revenue (TTM)
$1.07B
Div. yield
–
Industrial Machinery Industrials
1 win

Head to Head

9 decided of 12

Garrett Motion leads on 6 of the 12 questions below (Garrett Motion 6, Dover 2, 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 $27.99B $4.16B $3.21B DOV
Cheaper on earningsLower P/E, profitable companies only 24.0x 11.6x 116.3x GTX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 20.2x 12.1x 70.8x GTX
Faster revenue growthRevenue growth, trailing twelve months +8.2% +8.5% +13.0% IPGP
More profitableNet margin, trailing twelve months — 9.5% 2.6% GTX
Better return on capitalReturn on invested capital — 64.2% — –
Less leveragedLower net debt / EBITDA — 1.9x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +15.9% +29.1% -14.7% GTX
Better 5-year returnAnnualised price return, 5 years +4.1%/yr +26.4%/yr -14.1%/yr GTX
Less volatileAnnualised volatility, 1 year 24.9% 44.3% 72.0% DOV
Higher overall scoreMean of the five percentile scores vs peers 40/100 66/100 58/100 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 45 #113 of 203 98 #6 of 203 40 #123 of 203
Growth 45 #104 of 188 47 #100 of 188 31 #130 of 188
Profitability – 78 #42 of 183 31 #126 of 183
Financial Health – 15 #185 of 217 96 #9 of 217
Shareholder Returns 32 #105 of 153 91 #14 of 153 93 #11 of 153
Overall 40 66 58
  • DOV ranked among 222 companies in Machinery
  • GTX ranked among 222 companies in Machinery
  • IPGP ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodDOVGTXIPGPSPY
1 month +7.5%-14.4%-4.8% -0.2%
3 months +1.6%-26.4%-11.5% +3.9%
6 months -8.0%+8.5%-33.8% +8.2%
Year to date +5.6%+26.3%+3.8% +12.9%
1 year +15.9%+29.1%-14.7% +12.3%
3 years +60.6%+209.1%-15.7% +87.4%
3 years, per year +17.1%+45.7%-5.5% +23.3%
5 years +22.0%+222.7%-53.2% +67.9%
5 years, per year +4.1%+26.4%-14.1% +10.9%
10 years +278.2%—-21.0% +261.1%
10 years, per year +14.2%—-2.3% +13.7%

Risk

MeasureDOVGTXIPGPSPY
Volatility, 1Y 24.9%44.3%72.0% 12.7%
Downside volatility, 1Y 25.2%37.3%77.3% 12.7%
Beta vs S&P 500, 1Y 0.931.662.14 1.00
Return / volatility, 1Y 0.640.66-0.20 0.97
Max drawdown, 5Y -36.3%-40.5%-72.0% -25.4%
From 52-week high -11.6%-39.2%-51.7% -1.2%
52-week high $233.31$36.23$153.91 $779.14
52-week low $177.96$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 23.8xmedian 25.2x 11.5xmedian 25.2x 114.6xmedian 25.2x
P/S now vs peer median 3.2xmedian 1.9x 1.1xmedian 1.9x 3.0xmedian 1.9x
EV/EBITDA now vs peer median —median 14.0x 8.2xmedian 14.0x 30.5xmedian 14.0x
P/FCF now vs peer median 21.7xmedian 21.7x 11.3xmedian 21.7x 152.0xmedian 21.7x
P/B now vs peer median —median 2.3x -6.1xmedian 2.3x 1.5xmedian 2.3x
PEG now vs peer median 4.18median 1.32 0.10median 1.32 -3.37median 1.32

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 $3.75B $1.07B
Gross profit $3.40B $779.00M $410.10M
Operating income – $536.00M $7.97M
Net income – $357.00M $27.56M
Free cash flow – $365.00M $20.80M
R&D – – $123.44M
EPS (diluted) $8.60 $1.87 $0.64
Cash & equivalents – $158.00M $399.23M
Total debt – $1.37B –
Shares (diluted) 135.55M 190.59M 42.91M
Enterprise value $27.99B $3.45B -$188.06M

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 23.8x 11.5x 114.6x
P/FCF 21.7x 11.3x 152.0x
P/Operating cash flow 19.7x 9.3x 32.8x
P/S 3.2x 1.1x 3.0x
P/B – -6.1x 1.5x
P/Tangible book – -6.1x 1.5x
EV/EBITDA – 8.2x 30.5x
EV/EBIT – 9.9x 287.5x
EV/Revenue 3.2x 1.4x 2.1x
EV/FCF – 14.6x 110.1x
EV/Operating cash flow 19.7x 12.0x 23.8x
PEG (3Y EPS CAGR) 4.18 0.10 -3.37

Growth

14 metrics
MetricDOVGTXIPGP
Revenue growth (1Y) 8.2% 8.5% 13.0%
Revenue CAGR (3Y) 4.1% -0.6% -7.9%
Gross profit growth (1Y) 8.3% 10.0% 25.1%
Gross profit CAGR (3Y) 6.1% 2.2% -6.8%
Operating income growth (1Y) – 12.8% 103.4%
Operating income CAGR (3Y) – 2.2% -62.6%
Net income growth (1Y) – 18.6% 112.8%
Net income CAGR (3Y) – -1.1% -36.2%
EPS growth (1Y) -47.2% 27.7% 112.7%
EPS CAGR (3Y) 5.7% 120.7% -34.0%
Operating cash flow growth (1Y) 14.3% 7.3% -36.2%
Operating cash flow CAGR (3Y) 12.1% -0.9% -24.2%
Free cash flow growth (1Y) – 10.9% -67.8%
Free cash flow CAGR (3Y) – -1.5% -43.0%

Profitability

14 metrics
MetricDOVGTXIPGP
Gross margin – 20.8% 38.4%
EBITDA margin – 17.2% 7.0%
Operating margin – 14.3% 0.7%
Pretax margin – 12.0% 3.7%
Net margin – 9.5% 2.6%
FCF margin – 9.7% 1.9%
Operating cash flow margin 16.4% 11.8% 9.0%
Return on equity – – 1.3%
Return on assets – 14.7% 1.1%
Return on invested capital – 64.2% –
Return on capital employed – 56.1% 0.4%
Asset turnover – 1.5x 0.4x
Cash conversion (OCF / net income) – 1.2x 3.5x
Stock comp / revenue – 0.7% 3.9%

Financial Health

11 metrics
MetricDOVGTXIPGP
Debt / assets – 55.3% –
Debt / equity – -2.0x –
Net debt / EBITDA – 1.9x –
Debt / FCF – 3.7x –
Liabilities / assets – 127.3% 12.3%
Equity / assets – -27.3% 87.7%
Interest coverage – 5.1x –
Current ratio – 1.0x 6.2x
Quick ratio – 0.7x 4.4x
Cash ratio – 0.1x 3.6x
Altman Z-score – 2.33 8.98

Shareholder Returns

7 metrics
MetricDOVGTXIPGP
Dividend yield 1.0% 1.5% –
Net buyback yield – 6.6% 4.2%
Shareholder yield 1.0% 8.0% 4.2%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

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 20.2xFY2026 12.1xFY2026 70.8xFY2026
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 1,163 458 356
Change in shares held, QoQ -0.3% +0.8% +4.7%
Institutions buying 500 239 214
Institutions selling 405 139 96
Buyers to sellers 1.23 1.72 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 0.41 0.25
GTX 0.41 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) $27.99B, Garrett Motion (GTX) $4.16B, Ipg Photonics (IPGP) $3.21B.

Which stock is cheaper, DOV, GTX and IPGP?

Garrett Motion (GTX) trades on the lowest price-to-earnings ratio (Dover (DOV) 24.0x, Garrett Motion (GTX) 11.6x, Ipg Photonics (IPGP) 116.3x). On next year's consensus earnings, Garrett Motion (GTX) is cheapest (Dover (DOV) 20.2x, Garrett Motion (GTX) 12.1x, Ipg Photonics (IPGP) 70.8x). 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) +8.5%, Ipg Photonics (IPGP) +13.0%.

Which company is more profitable?

Garrett Motion (GTX) has the highest net margin (Garrett Motion (GTX) 9.5%, Ipg Photonics (IPGP) 2.6%).

Which stock has performed better?

Over the past year Garrett Motion (GTX) returned the most: Dover (DOV) +15.9%, Garrett Motion (GTX) +29.1%, Ipg Photonics (IPGP) -14.7%. Over five years, Garrett Motion (GTX) compounded fastest (Dover (DOV) +4.1%/yr, Garrett Motion (GTX) +26.4%/yr, Ipg Photonics (IPGP) -14.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Dover (DOV) has been the steadiest (Dover (DOV) 24.9%, Garrett Motion (GTX) 44.3%, Ipg Photonics (IPGP) 72.0%). 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, Garrett Motion (GTX) leads on 6. 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.