DOV vs MMM vs PH Stock Comparison

Dover, 3M and Parker-Hannifin Prices as of Oct 29, 2026 Peers: Industry group
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DOV DOVER Corp
$210.37 +10.9% 1M +16.4% 1Y
Market cap
$27.95B
P/E
24.0x
Revenue (TTM)
$8.58B
Div. yield
–
Industrial Machinery Industrials
2 wins
MMM 3M Co
$177.38 +5.3% 1M +7.7% 1Y
Market cap
$90.04B
P/E
25.5x
Revenue (TTM)
$25.25B
Div. yield
0.02%
Industrial Machinery Industrials
2 wins
PH Parker-Hannifin Corp
$928.66 -4.3% 1M +19.8% 1Y
Market cap
$113.12B
P/E
31.0x
Revenue (TTM)
$21.50B
Div. yield
–
Pumps and Valves Industrials
7 wins

Head to Head

11 decided of 12

Parker-Hannifin leads on 7 of the 12 questions below (Parker-Hannifin 7, Dover 2, 3M 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDOVMMMPHLeader
Larger companyMarket capitalisation $27.95B $90.04B $113.12B PH
Cheaper on earningsLower P/E, profitable companies only 24.0x 25.5x 31.0x DOV
Cheaper on forward earningsLower price / next fiscal year consensus EPS 20.6x 20.0x 24.5x MMM
Faster revenue growthRevenue growth, trailing twelve months +8.2% +1.7% +8.3% PH
More profitableNet margin, trailing twelve months — 14.0% 17.0% PH
Better return on capitalReturn on invested capital — 22.0% 15.4% MMM
Less leveragedLower net debt / EBITDA — 1.6x 1.4x PH
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.00% –
Better 1-year returnPrice return, last 12 months +16.4% +7.7% +19.8% PH
Better 5-year returnAnnualised price return, 5 years +4.5%/yr +3.5%/yr +25.7%/yr PH
Less volatileAnnualised volatility, 1 year 24.9% 25.6% 27.2% DOV
Higher overall scoreMean of the five percentile scores vs peers 42/100 50/100 58/100 PH

Percentile Scorecard

DOVMMMPH

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

AxisDOVMMMPH
Valuation 46 #111 of 203 36 #130 of 203 28 #146 of 203
Growth 47 #101 of 188 60 #75 of 188 68 #61 of 188
Profitability – 89 #22 of 183 95 #10 of 183
Financial Health – 19 #176 of 216 44 #122 of 216
Shareholder Returns 33 #102 of 152 46 #82 of 152 53 #72 of 152
Overall 42 50 58
  • DOV ranked among 222 companies in Machinery
  • MMM ranked among 222 companies in Machinery
  • PH ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodDOVMMMPHSPY
1 month +10.9%+5.3%-4.3% +0.7%
3 months +3.1%+0.7%-3.6% +3.7%
6 months -7.1%+21.1%+2.1% +7.1%
Year to date +7.7%+10.8%+5.7% +12.8%
1 year +16.4%+7.7%+19.8% +11.9%
3 years +63.8%+137.0%+151.3% +85.2%
3 years, per year +17.9%+33.3%+36.0% +22.8%
5 years +24.4%+18.7%+213.1% +67.6%
5 years, per year +4.5%+3.5%+25.7% +10.9%
10 years +284.3%+28.0%+661.4% +262.0%
10 years, per year +14.4%+2.5%+22.5% +13.7%

Risk

MeasureDOVMMMPHSPY
Volatility, 1Y 24.9%25.6%27.2% 12.7%
Downside volatility, 1Y 25.2%24.7%26.9% 12.6%
Beta vs S&P 500, 1Y 0.930.680.83 1.00
Return / volatility, 1Y 0.660.300.73 0.94
Max drawdown, 5Y -36.3%-53.4%-29.2% -25.4%
From 52-week high -9.8%-3.5%-13.5% -1.2%
52-week high $233.31$183.81$1,073.86 $779.14
52-week low $178.03$141.20$768.99 $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.

MultipleDOVMMMPH
P/E now vs peer median 24.3xmedian 25.8x 26.0xmedian 25.8x 32.2xmedian 25.8x
P/S now vs peer median 3.3xmedian 1.9x 3.6xmedian 1.9x 5.4xmedian 1.9x
EV/EBITDA now vs peer median —median 14.6x 16.5xmedian 14.6x 22.5xmedian 14.6x
P/FCF now vs peer median 21.7xmedian 22.2x 34.2xmedian 22.2x 30.0xmedian 22.2x
P/B now vs peer median —median 2.2x 22.0xmedian 2.2x 7.6xmedian 2.2x
PEG now vs peer median 4.26median 1.45 0.73median 1.45 1.53median 1.45

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 monthsDOVMMMPH
Revenue $8.58B $25.25B $21.50B
Gross profit $3.40B $9.98B $8.10B
Operating income – $4.74B $4.63B
Net income – $3.58B $3.65B
Free cash flow – $2.68B $3.91B
R&D – $1.21B –
EPS (diluted) $8.60 $6.77 $28.48
Cash & equivalents – $4.84B $501.00M
Total debt – $15.00B $8.52B
Shares (diluted) 135.55M 522.60M 128.10M
Enterprise value $27.95B $71.48B $111.24B

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
MetricDOVMMMPH
P/E 24.3x 26.0x 32.2x
P/FCF 21.7x 34.2x 30.0x
P/Operating cash flow 20.1x 25.3x 26.8x
P/S 3.3x 3.6x 5.4x
P/B – 22.0x 7.6x
P/Tangible book – 43.3x 14.4x
EV/EBITDA – 16.5x 22.5x
EV/EBIT – 21.4x 27.0x
EV/Revenue 3.3x 4.0x 5.8x
EV/FCF – 37.9x 32.0x
EV/Operating cash flow 20.1x 28.0x 28.7x
PEG (3Y EPS CAGR) 4.26 0.73 1.53

Growth

14 metrics
MetricDOVMMMPH
Revenue growth (1Y) 8.2% 1.7% 8.3%
Revenue CAGR (3Y) 4.1% 10.7% 4.1%
Gross profit growth (1Y) 8.3% -1.8% 10.8%
Gross profit CAGR (3Y) 6.1% 17.0% 8.0%
Operating income growth (1Y) – -3.7% 14.1%
Operating income CAGR (3Y) – 33.4% 14.6%
Net income growth (1Y) – 4.8% 3.3%
Net income CAGR (3Y) – 35.4% 20.5%
EPS growth (1Y) -47.2% 7.1% 5.0%
EPS CAGR (3Y) 5.7% 35.8% 21.1%
Operating cash flow growth (1Y) 14.3% 42.8% 15.6%
Operating cash flow CAGR (3Y) 12.1% -18.1% 13.6%
Free cash flow growth (1Y) – 68.6% 16.9%
Free cash flow CAGR (3Y) – -18.0% 14.5%

Profitability

14 metrics
MetricDOVMMMPH
Gross margin – 39.5% 37.7%
EBITDA margin – 24.4% 25.9%
Operating margin – 18.8% 21.6%
Pretax margin – 17.5% 21.2%
Net margin – 14.0% 17.0%
FCF margin – 10.6% 18.2%
Operating cash flow margin 16.4% 14.4% 20.3%
Return on equity – 101.3% 24.3%
Return on assets – 9.8% 11.9%
Return on invested capital – 22.0% 15.4%
Return on capital employed – 18.7% 18.8%
Asset turnover – 0.7x 0.7x
Cash conversion (OCF / net income) – 1.0x 1.2x
Stock comp / revenue – 0.8% 0.8%

Financial Health

11 metrics
MetricDOVMMMPH
Debt / assets – 37.9% 27.6%
Debt / equity – 3.6x 0.6x
Net debt / EBITDA – 1.6x 1.4x
Debt / FCF – 5.6x 2.2x
Liabilities / assets – 89.5% 50.1%
Equity / assets – 10.5% 49.9%
Interest coverage – – 11.6x
Current ratio – 1.4x 1.3x
Quick ratio – 0.8x 0.6x
Cash ratio – 0.4x 0.1x
Altman Z-score – 4.14 6.91

Shareholder Returns

7 metrics
MetricDOVMMMPH
Dividend yield 1.0% 1.7% 0.8%
Net buyback yield – 3.0% 1.1%
Shareholder yield 1.0% 4.7% 1.9%
Payout ratio (earnings) – 44.8% –
Payout ratio (FCF) – 59.9% –
Dividend growth (1Y) – 3.2% –
Dividend CAGR (3Y) – -21.4% –

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.

ConsensusDOVMMMPH
Forward P/E 20.6xFY2026 20.0xFY2026 24.5xFY2027
EPS, next fiscal year $10.22FY2026 $8.88FY2026 $37.94FY2027
EPS growth, next FY +6.3%FY2026 +10.2%FY2026 +17.4%FY2027
EPS growth, the year after +11.4% +16.7% +8.8%
Revenue, next fiscal year $8.16BFY2026 $23.87BFY2026 $23.49BFY2027
Revenue growth, next FY +0.8%FY2026 -1.8%FY2026 +9.2%FY2027
Revenue growth, the year after +17.8% +17.6% +22.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDOVMMMPH
Held by institutions 91.1% 74.5% 91.8%
Institutions holding 1,164 2,211 1,976
Change in shares held, QoQ -0.3% +0.8% +1.2%
Institutions buying 500 916 928
Institutions selling 406 838 693
Buyers to sellers 1.23 1.09 1.34

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.

DOVMMMPH
DOV 1.00 0.46 0.54
MMM 0.46 1.00 0.33
PH 0.54 0.33 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, DOV, MMM and PH?

Parker-Hannifin (PH) is the largest by market capitalisation: Dover (DOV) $27.95B, 3M (MMM) $90.04B, Parker-Hannifin (PH) $113.12B.

Which stock is cheaper, DOV, MMM and PH?

Dover (DOV) trades on the lowest price-to-earnings ratio (Dover (DOV) 24.0x, 3M (MMM) 25.5x, Parker-Hannifin (PH) 31.0x). On next year's consensus earnings, 3M (MMM) is cheapest (Dover (DOV) 20.6x, 3M (MMM) 20.0x, Parker-Hannifin (PH) 24.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Parker-Hannifin (PH) grew revenue fastest over the trailing twelve months: Dover (DOV) +8.2%, 3M (MMM) +1.7%, Parker-Hannifin (PH) +8.3%.

Which company is more profitable?

Parker-Hannifin (PH) has the highest net margin (3M (MMM) 14.0%, Parker-Hannifin (PH) 17.0%). On return on invested capital, 3M (MMM) leads (3M (MMM) 22.0%, Parker-Hannifin (PH) 15.4%).

Which stock has performed better?

Over the past year Parker-Hannifin (PH) returned the most: Dover (DOV) +16.4%, 3M (MMM) +7.7%, Parker-Hannifin (PH) +19.8%. Over five years, Parker-Hannifin (PH) compounded fastest (Dover (DOV) +4.5%/yr, 3M (MMM) +3.5%/yr, Parker-Hannifin (PH) +25.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Dover (DOV) 0.00%, 3M (MMM) 0.02%, Parker-Hannifin (PH) 0.00%. Dover (DOV) and Parker-Hannifin (PH) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Dover (DOV) has been the steadiest (Dover (DOV) 24.9%, 3M (MMM) 25.6%, Parker-Hannifin (PH) 27.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DOV, MMM and PH?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Parker-Hannifin (PH) leads on 7. 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.