FTV vs DOV vs ROK Stock Comparison

Fortive, Dover and Rockwell Automation Prices as of Oct 26, 2026 Peers: Industry group
FTV Fortive Corp
$60.78 +8.3% 1M +22.9% 1Y
Market cap
$18.71B
P/E
35.0x
Revenue (TTM)
$4.32B
Div. yield
0.00%
Industrial Machinery Industrials
2 wins
DOV DOVER Corp
$202.49 +5.6% 1M +14.1% 1Y
Market cap
$27.78B
P/E
23.8x
Revenue (TTM)
$8.58B
Div. yield
–
Industrial Machinery Industrials
2 wins
ROK Rockwell Automation, Inc
$429.70 -1.0% 1M +20.5% 1Y
Market cap
$48.75B
P/E
40.6x
Revenue (TTM)
$8.97B
Div. yield
–
Industrial Machinery Industrials
7 wins

Head to Head

11 decided of 12

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

QuestionFTVDOVROKLeader
Larger companyMarket capitalisation $18.71B $27.78B $48.75B ROK
Cheaper on earningsLower P/E, profitable companies only 35.0x 23.8x 40.6x DOV
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.0x 19.8x 34.4x FTV
Faster revenue growthRevenue growth, trailing twelve months +5.6% +8.2% +11.3% ROK
More profitableNet margin, trailing twelve months 12.4% — 13.4% ROK
Better return on capitalReturn on invested capital 7.4% — 21.0% ROK
Less leveragedLower net debt / EBITDA 2.5x — 1.3x ROK
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +22.9% +14.1% +20.5% FTV
Better 5-year returnAnnualised price return, 5 years -3.9%/yr +4.1%/yr +6.5%/yr ROK
Less volatileAnnualised volatility, 1 year 26.8% 24.9% 31.3% DOV
Higher overall scoreMean of the five percentile scores vs peers 48/100 41/100 54/100 ROK

Percentile Scorecard

FTVDOVROK

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

AxisFTVDOVROK
Valuation 45 #112 of 203 47 #109 of 203 15 #173 of 203
Growth 19 #151 of 187 46 #102 of 187 52 #91 of 187
Profitability 73 #50 of 185 – 95 #11 of 185
Financial Health 39 #133 of 219 – 33 #148 of 219
Shareholder Returns 61 #61 of 153 32 #104 of 153 75 #39 of 153
Overall 48 41 54
  • FTV ranked among 222 companies in Machinery
  • DOV ranked among 222 companies in Machinery
  • ROK ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodFTVDOVROKSPY
1 month +8.3%+5.6%-1.0% -0.8%
3 months -3.4%-1.6%-7.8% +3.5%
6 months -2.0%-10.5%+5.6% +7.0%
Year to date +10.1%+3.7%+10.4% +12.2%
1 year +22.9%+14.1%+20.5% +13.0%
3 years -6.5%+57.7%+64.0% +86.3%
3 years, per year -2.2%+16.4%+17.9% +23.1%
5 years -17.9%+22.3%+37.0% +68.6%
5 years, per year -3.9%+4.1%+6.5% +11.0%
10 years +27.2%+265.5%+256.2% +258.0%
10 years, per year +2.4%+13.8%+13.5% +13.6%

Risk

MeasureFTVDOVROKSPY
Volatility, 1Y 26.8%24.9%31.3% 12.7%
Downside volatility, 1Y 26.0%25.2%31.8% 12.7%
Beta vs S&P 500, 1Y 0.600.931.40 1.00
Return / volatility, 1Y 0.850.570.66 1.02
Max drawdown, 5Y -46.1%-36.3%-45.6% -25.4%
From 52-week high -5.3%-13.2%-13.2% -1.8%
52-week high $64.16$233.31$495.08 $779.14
52-week low $49.16$177.96$348.51 $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.

MultipleFTVDOVROK
P/E now vs peer median 34.6xmedian 26.0x 23.4xmedian 26.0x 39.7xmedian 26.0x
P/S now vs peer median 4.3xmedian 1.9x 3.2xmedian 1.9x 5.3xmedian 1.9x
EV/EBITDA now vs peer median 17.4xmedian 14.0x —median 14.0x 24.1xmedian 14.0x
P/FCF now vs peer median 19.6xmedian 21.4x 21.7xmedian 21.4x 31.7xmedian 21.4x
P/B now vs peer median 3.0xmedian 2.2x —median 2.2x 13.6xmedian 2.2x
PEG now vs peer median -4.19median 1.26 4.10median 1.26 -9.05median 1.26

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 monthsFTVDOVROK
Revenue $4.32B $8.58B $8.97B
Gross profit $2.73B $3.40B $4.41B
Operating income $786.70M – $1.77B
Net income $534.40M – $1.20B
Free cash flow $937.60M – $1.50B
R&D $262.00M – $716.00M
EPS (diluted) $1.74 $8.60 $10.76
Cash & equivalents $374.20M – $479.00M
Total debt $3.51B – $13.81B
Shares (diluted) 307.60M 135.55M 111.60M
Enterprise value $17.17B $27.78B $46.93B

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
MetricFTVDOVROK
P/E 34.6x 23.4x 39.7x
P/FCF 19.6x 21.7x 31.7x
P/Operating cash flow 17.5x 19.3x 27.6x
P/S 4.3x 3.2x 5.3x
P/B 3.0x – 13.6x
P/Tangible book 4.5x – 17.1x
EV/EBITDA 17.4x – 24.1x
EV/EBIT 27.4x – 28.5x
EV/Revenue 5.0x 3.2x 5.6x
EV/FCF 23.0x – 33.6x
EV/Operating cash flow 20.5x 19.3x 29.2x
PEG (3Y EPS CAGR) -4.19 4.10 -9.05

Growth

14 metrics
MetricFTVDOVROK
Revenue growth (1Y) 5.6% 8.2% 11.3%
Revenue CAGR (3Y) -10.3% 4.1% 1.3%
Gross profit growth (1Y) 4.2% 8.3% 1.9%
Gross profit CAGR (3Y) -7.9% 6.1% 7.5%
Operating income growth (1Y) 9.4% – -7.1%
Operating income CAGR (3Y) -9.9% – 2.9%
Net income growth (1Y) -30.5% – 23.8%
Net income CAGR (3Y) -12.6% – -5.5%
EPS growth (1Y) -22.8% -47.2% 25.2%
EPS CAGR (3Y) -8.3% 5.7% -4.4%
Operating cash flow growth (1Y) -30.6% 14.3% 13.8%
Operating cash flow CAGR (3Y) -6.6% 12.1% 22.8%
Free cash flow growth (1Y) -34.8% – 13.9%
Free cash flow CAGR (3Y) -7.5% – 23.6%

Profitability

14 metrics
MetricFTVDOVROK
Gross margin 63.2% – 49.1%
EBITDA margin 28.6% – 23.3%
Operating margin 18.2% – 19.7%
Pretax margin 15.6% – 14.7%
Net margin 12.4% – 13.4%
FCF margin 21.7% – 16.8%
Operating cash flow margin 24.4% 16.4% 19.3%
Return on equity 8.8% – 30.9%
Return on assets 4.6% – 9.8%
Return on invested capital 7.4% – 21.0%
Return on capital employed 7.6% – 23.6%
Asset turnover 0.4x – 0.8x
Cash conversion (OCF / net income) 2.0x – 1.4x
Stock comp / revenue 2.7% – 1.0%

Financial Health

11 metrics
MetricFTVDOVROK
Debt / assets 30.2% – 29.4%
Debt / equity 0.6x – 0.9x
Net debt / EBITDA 2.5x – 1.3x
Debt / FCF 3.7x – 2.2x
Liabilities / assets 47.7% – 68.5%
Equity / assets 52.3% – 31.5%
Interest coverage 12.8x – 12.8x
Current ratio 1.2x – 1.1x
Quick ratio 0.9x – 0.7x
Cash ratio 0.3x – 0.1x
Altman Z-score 3.30 – 5.88

Shareholder Returns

7 metrics
MetricFTVDOVROK
Dividend yield 0.4% 1.0% 1.3%
Net buyback yield 10.7% – 1.5%
Shareholder yield 11.1% 1.0% 2.8%
Payout ratio (earnings) 10.6% – –
Payout ratio (FCF) 6.0% – –
Dividend growth (1Y) -48.4% – –
Dividend CAGR (3Y) -17.0% – –

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.

ConsensusFTVDOVROK
Forward P/E 19.0xFY2026 19.8xFY2026 34.4xFY2026
EPS, next fiscal year $3.20FY2026 $10.22FY2026 $12.50FY2026
EPS growth, next FY +18.1%FY2026 +6.3%FY2026 +18.7%FY2026
EPS growth, the year after -3.1% +11.4% +12.3%
Revenue, next fiscal year $4.63BFY2026 $8.16BFY2026 $8.50BFY2026
Revenue growth, next FY +11.4%FY2026 +0.8%FY2026 +1.9%FY2026
Revenue growth, the year after -6.7% +17.8% +19.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFTVDOVROK
Held by institutions 100.0% 91.1% 89.2%
Institutions holding 803 1,163 1,540
Change in shares held, QoQ +2.8% -0.3% +3.5%
Institutions buying 350 500 805
Institutions selling 301 405 437
Buyers to sellers 1.16 1.23 1.84

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.

FTVDOVROK
FTV 1.00 0.45 0.36
DOV 0.45 1.00 0.48
ROK 0.36 0.48 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FTV, DOV and ROK?

Rockwell Automation (ROK) is the largest by market capitalisation: Fortive (FTV) $18.71B, Dover (DOV) $27.78B, Rockwell Automation (ROK) $48.75B.

Which stock is cheaper, FTV, DOV and ROK?

Dover (DOV) trades on the lowest price-to-earnings ratio (Fortive (FTV) 35.0x, Dover (DOV) 23.8x, Rockwell Automation (ROK) 40.6x). On next year's consensus earnings, Fortive (FTV) is cheapest (Fortive (FTV) 19.0x, Dover (DOV) 19.8x, Rockwell Automation (ROK) 34.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Rockwell Automation (ROK) grew revenue fastest over the trailing twelve months: Fortive (FTV) +5.6%, Dover (DOV) +8.2%, Rockwell Automation (ROK) +11.3%.

Which company is more profitable?

Rockwell Automation (ROK) has the highest net margin (Fortive (FTV) 12.4%, Rockwell Automation (ROK) 13.4%). On return on invested capital, Rockwell Automation (ROK) leads (Fortive (FTV) 7.4%, Rockwell Automation (ROK) 21.0%).

Which stock has performed better?

Over the past year Fortive (FTV) returned the most: Fortive (FTV) +22.9%, Dover (DOV) +14.1%, Rockwell Automation (ROK) +20.5%. Over five years, Rockwell Automation (ROK) compounded fastest (Fortive (FTV) -3.9%/yr, Dover (DOV) +4.1%/yr, Rockwell Automation (ROK) +6.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Fortive (FTV) 0.00%, Dover (DOV) 0.00%, Rockwell Automation (ROK) 0.00%. Dover (DOV) and Rockwell Automation (ROK) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Dover (DOV) has been the steadiest (Fortive (FTV) 26.8%, Dover (DOV) 24.9%, Rockwell Automation (ROK) 31.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FTV, DOV and ROK?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Rockwell Automation (ROK) 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.