ROP vs. DOV
ROP (Roper Technologies, Inc.) and DOV (Dover Corporation) are both stocks. ROP operates in Software - Application (Technology), while DOV operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, ROP returned 9.41%/yr vs 15.65%/yr for DOV. Their 0.43 correlation means their historical movements had little consistent relationship.
Performance
ROP vs. DOV - Performance Comparison
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Returns By Period
In the year-to-date period, ROP achieves a -11.32% return, which is significantly lower than DOV's 5.30% return. Over the past 10 years, ROP has underperformed DOV with an annualized return of 9.41%, while DOV has yielded a comparatively higher 15.65% annualized return.
ROP
- 1D
- 0.70%
- 1M
- 7.89%
- 6M
- 6.12%
- YTD
- -11.32%
- 1Y
- -27.06%
- 3Y*
- -6.71%
- 5Y*
- -3.81%
- 10Y*
- 9.41%
- ALL TIME*
- 17.34%
DOV
- 1D
- 0.27%
- 1M
- -4.25%
- 6M
- 2.04%
- YTD
- 5.30%
- 1Y
- 18.17%
- 3Y*
- 13.33%
- 5Y*
- 5.43%
- 10Y*
- 15.65%
- ALL TIME*
- 12.56%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $321.12M | $269.36M | $226.69M | |
| $372.67M | $328.64M | $381.16M |
ROP vs. DOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ROP Roper Technologies, Inc. | -11.32% | -13.85% | -4.11% | 26.92% | -11.64% | 14.69% | 22.39% | 33.66% | 3.51% | 42.39% |
DOV Dover Corporation | 5.30% | 5.24% | 23.35% | 15.22% | -24.34% | 45.73% | 11.53% | 65.80% | -11.11% | 37.68% |
Correlation
The correlation between ROP and DOV is -0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.03 |
Correlation (3Y) Balances recent behavior with more history. | 0.27 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.42 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.50 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 1992 | 0.43 |
The correlation between ROP and DOV shifts across timeframes, from -0.03 (1 year) to 0.50 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
ROP:
$39.56B
DOV:
$27.56B
ROP:
$23.66
DOV:
$8.29
ROP:
16.56
DOV:
24.68
ROP:
1.96
DOV:
1.02
ROP:
5.01
DOV:
3.33
ROP:
2.15
DOV:
3.60
ROP:
$8.28B
DOV:
$8.42B
ROP:
$5.76B
DOV:
$3.33B
ROP:
$4.27B
DOV:
$1.80B
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Return for Risk
ROP vs. DOV — Risk / Return Rank
ROP
DOV
ROP vs. DOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roper Technologies, Inc. (ROP) and Dover Corporation (DOV). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ROP | DOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.52 | ||
| Sortino ratioReturn per unit of downside risk | -2.26 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 1.11 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | 0.96 | -1.63 |
| Martin ratioReturn relative to average drawdown | -1.02 | 2.31 | -3.33 |
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Drawdowns
ROP vs. DOV - Drawdown Comparison
The maximum ROP drawdown since its inception was -58.94%, roughly equal to the maximum DOV drawdown of -58.22%. Use the drawdown chart below to compare losses from any high point for ROP and DOV.
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Drawdown Indicators
| ROP | DOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.94% | -58.22% | -0.72% |
Max Drawdown (1Y)Largest decline over 1 year | -42.04% | -14.82% | -27.22% |
Max Drawdown (3Y)Largest decline over 3 years | -46.51% | -26.59% | -19.92% |
Max Drawdown (5Y)Largest decline over 5 years | -46.51% | -35.56% | -10.95% |
Max Drawdown (10Y)Largest decline over 10 years | -46.51% | -45.24% | -1.27% |
Current DrawdownCurrent decline from peak | -33.22% | -11.88% | -21.34% |
Average DrawdownAverage peak-to-trough decline | -11.54% | -13.12% | +1.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.12% | 6.15% | +21.97% |
Volatility
ROP vs. DOV - Volatility Comparison
Roper Technologies, Inc. (ROP) has a higher volatility of 13.55% compared to Dover Corporation (DOV) at 10.94%. This indicates that ROP's price experiences larger fluctuations and is considered to be riskier than DOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ROP | DOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.55% | 10.94% | +2.61% |
Volatility (6M)Calculated over the trailing 6-month period | 23.40% | 20.76% | +2.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.73% | 26.65% | +2.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.28% | 25.15% | -2.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.65% | 26.84% | -3.19% |
Dividends
ROP vs. DOV - Dividend Comparison
ROP's dividend yield for the trailing twelve months is around 0.91%, less than DOV's 1.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DOV Dover Corporation | 1.02% | 1.06% | 1.09% | 1.32% | 1.48% | 1.10% | 1.56% | 1.68% | 2.55% | 1.80% | 2.30% | 2.67% |
ROP Roper Technologies, Inc. | 0.91% | 0.74% | 0.58% | 0.50% | 0.57% | 0.46% | 0.48% | 0.52% | 0.62% | 0.54% | 0.66% | 0.53% |
Financials
ROP vs. DOV - Financials Comparison
This section allows you to compare key financial metrics between Roper Technologies, Inc. and Dover Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ROP vs. DOV - Profitability Comparison
ROP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Roper Technologies, Inc. reported a gross profit of 1.47B and revenue of 2.11B. Therefore, the gross margin over that period was 69.7%.
DOV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Dover Corporation reported a gross profit of 880.61M and revenue of 2.19B. Therefore, the gross margin over that period was 40.2%.
ROP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Roper Technologies, Inc. reported an operating income of 584.70M and revenue of 2.11B, resulting in an operating margin of 27.7%.
DOV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Dover Corporation reported an operating income of 391.79M and revenue of 2.19B, resulting in an operating margin of 17.9%.
ROP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Roper Technologies, Inc. reported a net income of 1.17B and revenue of 2.11B, resulting in a net margin of 55.4%.
DOV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Dover Corporation reported a net income of 312.25M and revenue of 2.19B, resulting in a net margin of 14.3%.
Frequently Asked Questions
ROP and DOV have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ROP has higher volatility (13.55%) compared to DOV (10.94%). In terms of maximum drawdown, ROP dropped -58.94% vs DOV's -58.22%.
DOV currently has the higher Sharpe Ratio (0.53 vs -0.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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