Dover (DOV) vs Ingersoll Rand (IR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Dover (DOV) has outperformed Ingersoll Rand (IR) over the past year, gaining 14.7% versus a loss of 3.7%. Over five years, IR leads with a +48.5% price change compared with +14.4% for DOV. Ingersoll Rand is the larger company by market cap ($30.26 billion vs $25.45 billion), about 1.2 times the size.
On valuation, Dover trades at a lower forward P/E (16.2x vs 19.9x for Ingersoll Rand). Dover offers the higher dividend yield (1.10% vs 0.15%). Dover converts more of its revenue into profit, with a net margin of 13.5% versus 7.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DOV | IR |
|---|---|---|
| Share price | $188.96 | $78.00 |
| Market cap | $25.45B | $30.26B |
| 1-day change | +0.36% | +0.98% |
| YTD return | -3.22% | -1.54% |
| 1-year return | +14.69% | -3.69% |
| 5-year return | +14.44% | +48.54% |
| P/E ratio (TTM) | 22.85 | 32.10 |
| Forward P/E | 16.24 | 19.94 |
| EPS (TTM) | $8.27 | $2.43 |
| Dividend yield | 1.10% | 0.15% |
| Annual dividend | $2.08 | $0.12 |
| Revenue (latest FY) | $8.09B | $7.65B |
| Revenue growth (YoY) | +4.48% | +5.75% |
| Net income (latest FY) | $1.09B | $581.40M |
| Gross margin | 39.77% | 43.61% |
| Operating margin | 16.97% | 14.96% |
| Net margin | 13.52% | 7.60% |
| 52-week high | $237.54 | $100.96 |
| 52-week low | $158.97 | $68.07 |
| Distance from 52-week high | -20.45% | -22.74% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +27.07% | +21.42% |
| Average volume | 1.19M | 4.32M |
| Shares outstanding | 134.68M | 388.00M |
| Employees | 24,000 | 21,000 |
| Sector | Industrials | Industrials |
| Industry | Industrial Machinery/Components | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- DOV has outperformed IR by 18.4 percentage points over the past year.
- Ingersoll Rand trades at a higher earnings multiple (32.1x vs 22.8x trailing P/E).
- Dover is more profitable, keeping 13.5 cents of every revenue dollar as net income versus 7.6 cents for Ingersoll Rand.
About Dover
DOV stock →Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company's Engineered Products segment provides various equipment, component, software, solution, and services that are used in vehicle aftermarket, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market.
Industrials · Industrial Machinery/Components · 24,000 employees
About Ingersoll Rand
IR stock →Ingersoll Rand Inc. provides mission-critical air, fluid, clean energy, and medical technologies services and solutions worldwide.
Industrials · Industrial Machinery/Components · 21,000 employees
DOV vs IR FAQ
Which is bigger, Dover or Ingersoll Rand?
Ingersoll Rand (IR) is larger, with a market capitalization of $30.26B compared with $25.45B for Dover (DOV).
Which stock has performed better over the past year, DOV or IR?
DOV returned +14.69% over the past 12 months, compared with -3.69% for IR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DOV or IR?
DOV has the lower trailing P/E at 22.8, versus 32.1 for IR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Dover or Ingersoll Rand?
Dover has the higher yield at 1.10%, compared with 0.15% for Ingersoll Rand.
Are Dover and Ingersoll Rand in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.