DOV vs. GWW

Last updated Apr 1, 2026

Compare and contrast key facts about Dover Corporation (DOV) and W.W. Grainger, Inc. (GWW).

Performance

DOV vs. GWW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dover Corporation (DOV) and W.W. Grainger, Inc. (GWW). The values are adjusted to include any dividend payments, if applicable.

DOV vs. GWW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DOV Dover Corporation	7.01%	5.24%	23.35%	15.22%	-24.34%	45.73%	11.53%	65.80%	-11.11%	37.68%
GWW W.W. Grainger, Inc.	8.31%	-3.41%	28.21%	50.53%	8.75%	28.80%	22.85%	22.25%	21.69%	4.35%

Fundamentals

Market Cap DOV : $28.77B GWW : $51.92B
EPS DOV : $7.93 GWW : $35.57
PE Ratio DOV : 26.30 GWW : 30.67
PEG Ratio DOV : 1.09 GWW : 1.77
PS Ratio DOV : 3.55 GWW : 2.92
PB Ratio DOV : 3.89 GWW : 12.25
Total Revenue (TTM) DOV : $8.09B GWW : $17.94B
Gross Profit (TTM) DOV : $3.22B GWW : $7.01B
EBITDA (TTM) DOV : $1.85B GWW : $2.70B

Returns By Period

In the year-to-date period, DOV achieves a 7.01% return, which is significantly lower than GWW's 8.31% return. Over the past 10 years, DOV has underperformed GWW with an annualized return of 16.87%, while GWW has yielded a comparatively higher 18.44% annualized return.

DOV

• 1D: 2.78%
• 1M: -7.56%
• YTD: 7.01%
• 6M: 25.58%
• 1Y: 19.94%
• 3Y*: 12.44%
• 5Y*: 9.98%
• 10Y*: 16.87%

GWW

• 1D: 3.18%
• 1M: -4.71%
• YTD: 8.31%
• 6M: 14.95%
• 1Y: 11.40%
• 3Y*: 17.59%
• 5Y*: 23.13%
• 10Y*: 18.44%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

DOV vs. GWW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DOV

DOV Risk / Return Rank: 66
DOV Sharpe Ratio Rank: 68
DOV Sortino Ratio Rank: 62
DOV Omega Ratio Rank: 61
DOV Calmar Ratio Rank: 69
DOV Martin Ratio Rank: 69

GWW

GWW Risk / Return Rank: 56
GWW Sharpe Ratio Rank: 59
GWW Sortino Ratio Rank: 50
GWW Omega Ratio Rank: 51
GWW Calmar Ratio Rank: 61
GWW Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DOV vs. GWW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dover Corporation (DOV) and W.W. Grainger, Inc. (GWW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DOV	GWW	Difference
Sharpe ratio Return per unit of total volatility	0.73	0.45	+0.27
Sortino ratio Return per unit of downside risk	1.22	0.77	+0.45
Omega ratio Gain probability vs. loss probability	1.16	1.11	+0.05
Calmar ratio Return relative to maximum drawdown	1.33	0.79	+0.53
Martin ratio Return relative to average drawdown	3.15	1.50	+1.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DOV vs. GWW - Sharpe Ratio Comparison

The current DOV Sharpe Ratio is 0.73, which is higher than the GWW Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of DOV and GWW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DOV	GWW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.73	0.45	+0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.95	-0.54
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	0.65	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.54	-0.08

Correlation

The correlation between DOV and GWW is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

DOV vs. GWW - Dividend Comparison

DOV's dividend yield for the trailing twelve months is around 1.00%, more than GWW's 0.83% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DOV Dover Corporation	1.00%	1.06%	1.09%	1.32%	1.48%	1.10%	1.56%	1.68%	2.55%	1.80%	2.30%	2.67%
GWW W.W. Grainger, Inc.	0.83%	0.88%	0.76%	0.88%	1.22%	1.23%	1.45%	1.68%	1.90%	2.14%	2.08%	2.27%

Drawdowns

DOV vs. GWW - Drawdown Comparison

The maximum DOV drawdown since its inception was -58.22%, roughly equal to the maximum GWW drawdown of -56.73%. Use the drawdown chart below to compare losses from any high point for DOV and GWW.

Drawdown Indicators

	DOV	GWW	Difference
Max Drawdown Largest peak-to-trough decline	-58.22%	-56.73%	-1.49%
Max Drawdown (1Y) Largest decline over 1 year	-15.57%	-16.26%	+0.69%
Max Drawdown (5Y) Largest decline over 5 years	-35.56%	-24.50%	-11.06%
Max Drawdown (10Y) Largest decline over 10 years	-45.24%	-41.60%	-3.64%
Current Drawdown Current decline from peak	-10.45%	-9.69%	-0.76%
Average Drawdown Average peak-to-trough decline	-13.17%	-11.05%	-2.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.55%	8.60%	-2.05%

Volatility

DOV vs. GWW - Volatility Comparison

Dover Corporation (DOV) has a higher volatility of 8.76% compared to W.W. Grainger, Inc. (GWW) at 6.10%. This indicates that DOV's price experiences larger fluctuations and is considered to be riskier than GWW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DOV	GWW	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.76%	6.10%	+2.66%
Volatility (6M) Calculated over the trailing 6-month period	17.98%	17.06%	+0.92%
Volatility (1Y) Calculated over the trailing 1-year period	27.62%	25.30%	+2.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.56%	24.56%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.69%	28.44%	-1.75%

Financials

DOV vs. GWW - Profitability Comparison

The chart below illustrates the profitability comparison between Dover Corporation and W.W. Grainger, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DOV - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Dover Corporation reported a gross profit of 820.81M and revenue of 2.10B. Therefore, the gross margin over that period was 39.1%.

GWW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, W.W. Grainger, Inc. reported a gross profit of 1.75B and revenue of 4.43B. Therefore, the gross margin over that period was 39.5%.

DOV - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Dover Corporation reported an operating income of 345.30M and revenue of 2.10B, resulting in an operating margin of 16.5%.

GWW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, W.W. Grainger, Inc. reported an operating income of 634.00M and revenue of 4.43B, resulting in an operating margin of 14.3%.

DOV - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Dover Corporation reported a net income of 282.08M and revenue of 2.10B, resulting in a net margin of 13.4%.

GWW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, W.W. Grainger, Inc. reported a net income of 451.00M and revenue of 4.43B, resulting in a net margin of 10.2%.