Dover (DOV) vs nVent Electric (NVT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
nVent Electric (NVT) has outperformed Dover (DOV) over the past year, gaining 66.3% versus a gain of 14.7%. Over five years, NVT leads with a +424.1% price change compared with +14.4% for DOV. nVent Electric is the larger company by market cap ($26.58 billion vs $25.45 billion), about 1.0 times the size.
On valuation, Dover trades at a lower forward P/E (16.2x vs 25.2x for nVent Electric). Dover offers the higher dividend yield (1.10% vs 0.50%). nVent Electric converts more of its revenue into profit, with a net margin of 18.2% versus 13.5%.
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 | NVT |
|---|---|---|
| Share price | $188.96 | $164.20 |
| Market cap | $25.45B | $26.58B |
| 1-day change | +0.36% | -2.16% |
| YTD return | -3.22% | +61.03% |
| 1-year return | +14.69% | +66.33% |
| 5-year return | +14.44% | +424.11% |
| P/E ratio (TTM) | 22.85 | 45.48 |
| Forward P/E | 16.24 | 25.23 |
| EPS (TTM) | $8.27 | $3.61 |
| Dividend yield | 1.10% | 0.50% |
| Annual dividend | $2.08 | $0.82 |
| Revenue (latest FY) | $8.09B | $3.89B |
| Revenue growth (YoY) | +4.48% | +29.51% |
| Net income (latest FY) | $1.09B | $710.20M |
| Gross margin | 39.77% | 37.74% |
| Operating margin | 16.97% | 15.84% |
| Net margin | 13.52% | 18.24% |
| 52-week high | $237.54 | $184.64 |
| 52-week low | $158.97 | $93.22 |
| Distance from 52-week high | -20.45% | -11.07% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +27.07% | +24.67% |
| Average volume | 1.19M | 2.18M |
| Shares outstanding | 134.68M | 161.86M |
| Employees | 24,000 | 12,000 |
| Sector | Industrials | Industrials |
| Industry | Industrial Machinery/Components | Electrical Equipment & Parts |
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
- NVT has outperformed DOV by 51.6 percentage points over the past year.
- nVent Electric trades at a higher earnings multiple (45.5x vs 22.8x trailing P/E).
- nVent Electric grew revenue faster in its latest fiscal year (+29.51% vs +4.48%).
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 nVent Electric
NVT stock →nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection solutions in the America, Europe, the Middle East, India, Africa, the Asia Pacific, and internationally. It operates in two segments, Systems Protection and Electrical Connections.
Industrials · Electrical Equipment & Parts · 12,000 employees
DOV vs NVT FAQ
Which is bigger, Dover or nVent Electric?
nVent Electric (NVT) is larger, with a market capitalization of $26.58B compared with $25.45B for Dover (DOV).
Which stock has performed better over the past year, DOV or NVT?
NVT returned +66.33% over the past 12 months, compared with +14.69% for DOV (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DOV or NVT?
DOV has the lower trailing P/E at 22.8, versus 45.5 for NVT. 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 nVent Electric?
Dover has the higher yield at 1.10%, compared with 0.50% for nVent Electric.
Are Dover and nVent Electric in the same industry?
Both are in the Industrials sector, but in different industries: Industrial Machinery/Components for Dover and Electrical Equipment & Parts for nVent Electric.