DOV vs HY Stock Comparison

Dover and Hyster-Yale 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
6 wins
HY Hyster-Yale, Inc.
$29.43 -5.4% 1M -20.8% 1Y
Market cap
$524.82M
P/E
–
Revenue (TTM)
$3.51B
Div. yield
0.05%
Industrial Machinery Industrials

Head to Head

6 decided of 12

Dover leads on 6 of the 12 questions below (Dover 6). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDOVHYLeader
Larger companyMarket capitalisation $27.99B $524.82M DOV
Cheaper on earningsLower P/E, profitable companies only 24.0x -4.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 20.2x — –
Faster revenue growthRevenue growth, trailing twelve months +8.2% -11.1% DOV
More profitableNet margin, trailing twelve months — -3.3% –
Better return on capitalReturn on invested capital — -8.9% –
Less leveragedLower net debt / EBITDA — -14.3x –
Higher dividend yieldTrailing dividend yield 0.00% 0.05% –
Better 1-year returnPrice return, last 12 months +15.9% -20.8% DOV
Better 5-year returnAnnualised price return, 5 years +4.1%/yr -9.7%/yr DOV
Less volatileAnnualised volatility, 1 year 24.9% 51.6% DOV
Higher overall scoreMean of the five percentile scores vs peers 40/100 30/100 DOV

Percentile Scorecard

DOVHY

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

AxisDOVHY
Valuation 45 #113 of 203 63 #75 of 203
Growth 45 #104 of 188 3 #183 of 188
Profitability – 25 #137 of 183
Financial Health – 11 #194 of 217
Shareholder Returns 32 #105 of 153 50 #77 of 153
Overall 40 30
  • DOV ranked among 222 companies in Machinery
  • HY ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodDOVHYSPY
1 month +7.5%-5.4% -0.2%
3 months +1.6%-14.1% +3.9%
6 months -8.0%-25.0% +8.2%
Year to date +5.6%-0.9% +12.9%
1 year +15.9%-20.8% +12.3%
3 years +60.6%-24.4% +87.4%
3 years, per year +17.1%-8.9% +23.3%
5 years +22.0%-39.8% +67.9%
5 years, per year +4.1%-9.7% +10.9%
10 years +278.2%-47.6% +261.1%
10 years, per year +14.2%-6.3% +13.7%

Risk

MeasureDOVHYSPY
Volatility, 1Y 24.9%51.6% 12.7%
Downside volatility, 1Y 25.2%49.6% 12.7%
Beta vs S&P 500, 1Y 0.931.58 1.00
Return / volatility, 1Y 0.64-0.40 0.97
Max drawdown, 5Y -36.3%-67.6% -25.4%
From 52-week high -11.6%-27.4% -1.2%
52-week high $233.31$40.56 $779.14
52-week low $177.96$26.49 $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.

MultipleDOVHY
P/E now vs peer median 23.8xmedian 25.2x -4.5xmedian 25.2x
P/S now vs peer median 3.2xmedian 1.9x 0.2xmedian 1.9x
EV/EBITDA now vs peer median —median 14.0x -29.4xmedian 14.0x
P/FCF now vs peer median 21.7xmedian 21.7x 35.6xmedian 21.7x
P/B now vs peer median —median 2.3x 1.3xmedian 2.3x
PEG now vs peer median 4.18median 1.32 0.06median 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 monthsDOVHY
Revenue $8.58B $3.51B
Gross profit $3.40B $539.30M
Operating income – -$81.30M
Net income – -$116.90M
Free cash flow – $14.80M
EPS (diluted) $8.60 $-6.53
Total debt – $500.00M
Shares (diluted) 135.55M 17.91M
Enterprise value $27.99B $524.82M

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
MetricDOVHY
P/E 23.8x -4.5x
P/FCF 21.7x 35.6x
P/Operating cash flow 19.7x 6.8x
P/S 3.2x 0.2x
P/B – 1.3x
P/Tangible book – 1.5x
EV/EBITDA – -29.4x
EV/EBIT – -12.6x
EV/Revenue 3.2x 0.3x
EV/FCF – 69.4x
EV/Operating cash flow 19.7x 13.3x
PEG (3Y EPS CAGR) 4.18 0.06

Growth

14 metrics
MetricDOVHY
Revenue growth (1Y) 8.2% -11.1%
Revenue CAGR (3Y) 4.1% -3.6%
Gross profit growth (1Y) 8.3% -27.7%
Gross profit CAGR (3Y) 6.1% -3.8%
Operating income growth (1Y) – -204.0%
Operating income CAGR (3Y) – -41.7%
Net income growth (1Y) – -601.7%
Net income CAGR (3Y) – -73.5%
EPS growth (1Y) -47.2% -620.5%
EPS CAGR (3Y) 5.7% -73.3%
Operating cash flow growth (1Y) 14.3% -46.0%
Operating cash flow CAGR (3Y) 12.1% -3.1%
Free cash flow growth (1Y) – -83.7%
Free cash flow CAGR (3Y) – -37.7%

Profitability

14 metrics
MetricDOVHY
Gross margin – 15.4%
EBITDA margin – -1.0%
Operating margin – -2.3%
Pretax margin – -2.9%
Net margin – -3.3%
FCF margin – 0.4%
Operating cash flow margin 16.4% 2.2%
Return on equity – -27.7%
Return on assets – -5.9%
Return on invested capital – -8.9%
Return on capital employed – -8.6%
Asset turnover – 1.8x
Cash conversion (OCF / net income) – -0.7x
Stock comp / revenue – 0.2%

Financial Health

11 metrics
MetricDOVHY
Debt / assets – 25.9%
Debt / equity – 1.3x
Net debt / EBITDA – -14.3x
Debt / FCF – 33.8x
Liabilities / assets – 79.6%
Equity / assets – 20.4%
Interest coverage – -2.7x
Current ratio – 1.3x
Quick ratio – –
Cash ratio – –
Altman Z-score – 2.22

Shareholder Returns

7 metrics
MetricDOVHY
Dividend yield 1.0% 4.9%
Net buyback yield – -1.6%
Shareholder yield 1.0% 3.3%
Payout ratio (earnings) – -22.1%
Payout ratio (FCF) – 174.3%
Dividend growth (1Y) – 4.0%
Dividend CAGR (3Y) – 5.5%

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.

ConsensusDOVHY
Forward P/E 20.2xFY2026 –
EPS, next fiscal year $10.22FY2026 $-3.99FY2026
EPS growth, next FY +6.3%FY2026 –
EPS growth, the year after +11.4% –
Revenue, next fiscal year $8.16BFY2026 $3.26BFY2026
Revenue growth, next FY +0.8%FY2026 -13.6%FY2026
Revenue growth, the year after +17.8% +7.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDOVHY
Held by institutions 91.1% 48.6%
Institutions holding 1,163 153
Change in shares held, QoQ -0.3% +2.6%
Institutions buying 500 88
Institutions selling 405 41
Buyers to sellers 1.23 2.15

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.

DOVHY
DOV 1.00 0.43
HY 0.43 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DOV and HY?

Dover (DOV) is the largest by market capitalisation: Dover (DOV) $27.99B, Hyster-Yale (HY) $524.82M.

Which company is growing faster?

Dover (DOV) grew revenue fastest over the trailing twelve months: Dover (DOV) +8.2%, Hyster-Yale (HY) -11.1%.

Which stock has performed better?

Over the past year Dover (DOV) returned the most: Dover (DOV) +15.9%, Hyster-Yale (HY) -20.8%. Over five years, Dover (DOV) compounded fastest (Dover (DOV) +4.1%/yr, Hyster-Yale (HY) -9.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Dover (DOV) 0.00%, Hyster-Yale (HY) 0.05%. Dover (DOV) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Dover (DOV) has been the steadiest (Dover (DOV) 24.9%, Hyster-Yale (HY) 51.6%). Volatility measures how widely the price swings, not the risk of the business.

Do DOV and HY move together?

Their daily returns over the past year have a correlation of 0.43, a moderate positive relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, DOV and HY?

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 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.