FTV vs ROK vs DOV Stock Comparison

Fortive, Rockwell Automation and Dover Prices as of Oct 29, 2026 Peers: Industry group
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FTV Fortive Corp
$65.86 +18.9% 1M +30.8% 1Y
Market cap
$19.53B
P/E
30.0x
Revenue (TTM)
$4.40B
Div. yield
0.00%
Industrial Machinery Industrials
3 wins
ROK Rockwell Automation, Inc
$451.43 +4.7% 1M +22.6% 1Y
Market cap
$48.25B
P/E
40.2x
Revenue (TTM)
$8.97B
Div. yield
–
Industrial Machinery Industrials
6 wins
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

Head to Head

11 decided of 12

Rockwell Automation leads on 6 of the 12 questions below (Rockwell Automation 6, Fortive 3, Dover 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFTVROKDOVLeader
Larger companyMarket capitalisation $19.53B $48.25B $27.95B ROK
Cheaper on earningsLower P/E, profitable companies only 30.0x 40.2x 24.0x DOV
Cheaper on forward earningsLower price / next fiscal year consensus EPS 20.6x 36.1x 20.6x FTV
Faster revenue growthRevenue growth, trailing twelve months +7.0% +11.3% +8.2% ROK
More profitableNet margin, trailing twelve months 14.8% 13.4% — FTV
Better return on capitalReturn on invested capital 8.1% 21.0% — ROK
Less leveragedLower net debt / EBITDA 2.4x 1.3x — ROK
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +30.8% +22.6% +16.4% FTV
Better 5-year returnAnnualised price return, 5 years -2.8%/yr +7.2%/yr +4.5%/yr ROK
Less volatileAnnualised volatility, 1 year 27.0% 31.3% 24.9% DOV
Higher overall scoreMean of the five percentile scores vs peers 49/100 54/100 42/100 ROK

Percentile Scorecard

FTVROKDOV

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

AxisFTVROKDOV
Valuation 47 #108 of 203 15 #172 of 203 46 #111 of 203
Growth 26 #140 of 188 51 #93 of 188 47 #101 of 188
Profitability 76 #45 of 183 96 #9 of 183 –
Financial Health 38 #135 of 216 34 #143 of 216 –
Shareholder Returns 58 #65 of 152 76 #38 of 152 33 #102 of 152
Overall 49 54 42
  • FTV ranked among 222 companies in Machinery
  • ROK ranked among 222 companies in Machinery
  • DOV ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodFTVROKDOVSPY
1 month +18.9%+4.7%+10.9% +0.7%
3 months +12.6%-4.1%+3.1% +3.7%
6 months +10.2%+10.4%-7.1% +7.1%
Year to date +19.3%+16.0%+7.7% +12.8%
1 year +30.8%+22.6%+16.4% +11.9%
3 years +1.3%+71.3%+63.8% +85.2%
3 years, per year +0.4%+19.7%+17.9% +22.8%
5 years -13.0%+41.3%+24.4% +67.6%
5 years, per year -2.8%+7.2%+4.5% +10.9%
10 years +31.2%+280.0%+284.3% +262.0%
10 years, per year +2.8%+14.3%+14.4% +13.7%

Risk

MeasureFTVROKDOVSPY
Volatility, 1Y 27.0%31.3%24.9% 12.7%
Downside volatility, 1Y 26.1%31.8%25.2% 12.6%
Beta vs S&P 500, 1Y 0.601.400.93 1.00
Return / volatility, 1Y 1.140.720.66 0.94
Max drawdown, 5Y -46.1%-45.6%-36.3% -25.4%
From 52-week high 0.0%-8.8%-9.8% -1.2%
52-week high $65.86$495.08$233.31 $779.14
52-week low $50.10$348.51$178.03 $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.

MultipleFTVROKDOV
P/E now vs peer median 30.3xmedian 25.8x 41.8xmedian 25.8x 24.3xmedian 25.8x
P/S now vs peer median 4.5xmedian 1.9x 5.6xmedian 1.9x 3.3xmedian 1.9x
EV/EBITDA now vs peer median 17.3xmedian 14.6x 25.3xmedian 14.6x —median 14.6x
P/FCF now vs peer median 18.1xmedian 22.2x 33.3xmedian 22.2x 21.7xmedian 22.2x
P/B now vs peer median 3.3xmedian 2.2x 14.3xmedian 2.2x —median 2.2x
PEG now vs peer median -11.48median 1.45 -9.51median 1.45 4.26median 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 monthsFTVROKDOV
Revenue $4.40B $8.97B $8.58B
Gross profit $2.79B $4.41B $3.40B
Operating income $863.00M $1.77B –
Net income $651.90M $1.20B –
Free cash flow $1.09B $1.50B –
R&D $268.20M $716.00M –
EPS (diluted) $2.15 $10.76 $8.60
Cash & equivalents $377.30M $479.00M –
Total debt $3.51B $13.81B –
Shares (diluted) 303.90M 111.60M 135.55M
Enterprise value $18.04B $46.43B $27.95B

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
MetricFTVROKDOV
P/E 30.3x 41.8x 24.3x
P/FCF 18.1x 33.3x 21.7x
P/Operating cash flow 16.4x 28.9x 20.1x
P/S 4.5x 5.6x 3.3x
P/B 3.3x 14.3x –
P/Tangible book 4.9x 18.0x –
EV/EBITDA 17.3x 25.3x –
EV/EBIT 26.4x 29.9x –
EV/Revenue 5.2x 5.9x 3.3x
EV/FCF 21.0x 35.2x –
EV/Operating cash flow 19.0x 30.5x 20.1x
PEG (3Y EPS CAGR) -11.48 -9.51 4.26

Growth

14 metrics
MetricFTVROKDOV
Revenue growth (1Y) 7.0% 11.3% 8.2%
Revenue CAGR (3Y) -9.9% 1.3% 4.1%
Gross profit growth (1Y) 6.2% 1.9% 8.3%
Gross profit CAGR (3Y) -7.6% 7.5% 6.1%
Operating income growth (1Y) 22.1% -7.1% –
Operating income CAGR (3Y) -8.1% 2.9% –
Net income growth (1Y) 8.2% 23.8% –
Net income CAGR (3Y) -7.7% -5.5% –
EPS growth (1Y) 18.7% 25.2% -47.2%
EPS CAGR (3Y) -2.6% -4.4% 5.7%
Operating cash flow growth (1Y) -1.6% 13.8% 14.3%
Operating cash flow CAGR (3Y) -4.3% 22.8% 12.1%
Free cash flow growth (1Y) -3.3% 13.9% –
Free cash flow CAGR (3Y) -4.9% 23.6% –

Profitability

14 metrics
MetricFTVROKDOV
Gross margin 63.5% 49.1% –
EBITDA margin 29.9% 23.3% –
Operating margin 19.6% 19.7% –
Pretax margin 16.8% 14.7% –
Net margin 14.8% 13.4% –
FCF margin 24.7% 16.8% –
Operating cash flow margin 27.3% 19.3% 16.4%
Return on equity 10.8% 30.9% –
Return on assets 5.6% 9.8% –
Return on invested capital 8.1% 21.0% –
Return on capital employed 8.4% 23.6% –
Asset turnover 0.4x 0.8x –
Cash conversion (OCF / net income) 1.8x 1.4x –
Stock comp / revenue 2.0% 1.0% –

Financial Health

11 metrics
MetricFTVROKDOV
Debt / assets 30.6% 29.4% –
Debt / equity 0.6x 0.9x –
Net debt / EBITDA 2.4x 1.3x –
Debt / FCF 3.2x 2.2x –
Liabilities / assets 48.2% 68.5% –
Equity / assets 51.8% 31.5% –
Interest coverage 4.9x 12.8x –
Current ratio 1.2x 1.1x –
Quick ratio 0.9x 0.7x –
Cash ratio 0.3x 0.1x –
Altman Z-score 3.49 6.07 –

Shareholder Returns

7 metrics
MetricFTVROKDOV
Dividend yield 0.4% 1.2% 1.0%
Net buyback yield 6.5% 1.4% –
Shareholder yield 6.9% 2.6% 1.0%
Payout ratio (earnings) 11.7% – –
Payout ratio (FCF) 7.0% – –
Dividend growth (1Y) -24.4% – –
Dividend CAGR (3Y) -8.3% – –

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.

ConsensusFTVROKDOV
Forward P/E 20.6xFY2026 36.1xFY2026 20.6xFY2026
EPS, next fiscal year $3.20FY2026 $12.50FY2026 $10.22FY2026
EPS growth, next FY +18.1%FY2026 +18.7%FY2026 +6.3%FY2026
EPS growth, the year after -3.1% +12.3% +11.4%
Revenue, next fiscal year $4.63BFY2026 $8.50BFY2026 $8.16BFY2026
Revenue growth, next FY +11.4%FY2026 +1.9%FY2026 +0.8%FY2026
Revenue growth, the year after -6.7% +19.4% +17.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFTVROKDOV
Held by institutions 100.0% 89.2% 91.1%
Institutions holding 804 1,542 1,164
Change in shares held, QoQ +2.8% +3.5% -0.3%
Institutions buying 351 807 500
Institutions selling 301 437 406
Buyers to sellers 1.17 1.85 1.23

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.

FTVROKDOV
FTV 1.00 0.37 0.46
ROK 0.37 1.00 0.48
DOV 0.46 0.48 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FTV, ROK and DOV?

Rockwell Automation (ROK) is the largest by market capitalisation: Fortive (FTV) $19.53B, Rockwell Automation (ROK) $48.25B, Dover (DOV) $27.95B.

Which stock is cheaper, FTV, ROK and DOV?

Dover (DOV) trades on the lowest price-to-earnings ratio (Fortive (FTV) 30.0x, Rockwell Automation (ROK) 40.2x, Dover (DOV) 24.0x). On next year's consensus earnings, Fortive (FTV) is cheapest (Fortive (FTV) 20.6x, Rockwell Automation (ROK) 36.1x, Dover (DOV) 20.6x). 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) +7.0%, Rockwell Automation (ROK) +11.3%, Dover (DOV) +8.2%.

Which company is more profitable?

Fortive (FTV) has the highest net margin (Fortive (FTV) 14.8%, Rockwell Automation (ROK) 13.4%). On return on invested capital, Rockwell Automation (ROK) leads (Fortive (FTV) 8.1%, Rockwell Automation (ROK) 21.0%).

Which stock has performed better?

Over the past year Fortive (FTV) returned the most: Fortive (FTV) +30.8%, Rockwell Automation (ROK) +22.6%, Dover (DOV) +16.4%. Over five years, Rockwell Automation (ROK) compounded fastest (Fortive (FTV) -2.8%/yr, Rockwell Automation (ROK) +7.2%/yr, Dover (DOV) +4.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

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

Which stock is riskier?

By one-year price volatility, Dover (DOV) has been the steadiest (Fortive (FTV) 27.0%, Rockwell Automation (ROK) 31.3%, Dover (DOV) 24.9%). Volatility measures how widely the price swings, not the risk of the business.

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

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 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.