Dover (DOV) vs Teledyne Technologies (TDY)
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 Teledyne Technologies (TDY) over the past year, gaining 14.7% versus a gain of 2.9%. Over five years, TDY leads with a +40.9% price change compared with +14.4% for DOV. Teledyne Technologies is the larger company by market cap ($28.44 billion vs $25.48 billion), about 1.1 times the size.
On valuation, Dover trades at a lower forward P/E (16.3x vs 22.9x for Teledyne Technologies). Dover pays a dividend yielding 1.10%, while Teledyne Technologies does not currently pay one. Teledyne Technologies converts more of its revenue into profit, with a net margin of 14.6% 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 | TDY |
|---|---|---|
| Share price | $189.21 | $613.43 |
| Market cap | $25.48B | $28.44B |
| 1-day change | +0.13% | +1.42% |
| YTD return | -3.22% | +18.42% |
| 1-year return | +14.69% | +2.86% |
| 5-year return | +14.44% | +40.86% |
| P/E ratio (TTM) | 22.88 | 29.68 |
| Forward P/E | 16.26 | 22.90 |
| EPS (TTM) | $8.27 | $20.67 |
| Dividend yield | 1.10% | 0.00% |
| Annual dividend | $2.08 | $0.00 |
| Revenue (latest FY) | $8.09B | $6.12B |
| Revenue growth (YoY) | +4.48% | +7.86% |
| Net income (latest FY) | $1.09B | $894.80M |
| Gross margin | 39.77% | 42.76% |
| Operating margin | 16.97% | 18.80% |
| Net margin | 13.52% | 14.63% |
| 52-week high | $237.54 | $697.67 |
| 52-week low | $158.97 | $483.02 |
| Distance from 52-week high | -20.35% | -12.07% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +26.90% | +23.58% |
| Average volume | 1.19M | 322.84K |
| Shares outstanding | 134.68M | 46.36M |
| Employees | 24,000 | 15,800 |
| 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 TDY by 11.8 percentage points over the past year.
- Teledyne Technologies trades at a higher earnings multiple (29.7x vs 22.9x trailing P/E).
- Dover offers a meaningfully higher dividend yield (1.10% vs 0.00%).
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 Teledyne Technologies
TDY stock →Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets in the United States, Europe, Asia, and internationally. The Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectrum products, as well as micro-electromechanical systems and semiconductors, such as analog-to-digital and digital-to-analog converters.
Industrials · Industrial Machinery/Components · 15,800 employees
DOV vs TDY FAQ
Which is bigger, Dover or Teledyne Technologies?
Teledyne Technologies (TDY) is larger, with a market capitalization of $28.44B compared with $25.48B for Dover (DOV).
Which stock has performed better over the past year, DOV or TDY?
DOV returned +14.69% over the past 12 months, compared with +2.86% for TDY (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DOV or TDY?
DOV has the lower trailing P/E at 22.9, versus 29.7 for TDY. 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 Teledyne Technologies?
Dover pays a dividend yielding 1.10%, while Teledyne Technologies does not currently pay a regular dividend.
Are Dover and Teledyne Technologies in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.