WBD vs. DOV
WBD (Warner Bros. Discovery, Inc.) and DOV (Dover Corporation) are both stocks. WBD operates in Entertainment (Communication Services), while DOV operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, WBD returned 0.50%/yr vs 16.36%/yr for DOV. At a 0.41 correlation, their price movements are largely independent.
Performance
WBD vs. DOV - Performance Comparison
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Returns By Period
In the year-to-date period, WBD achieves a -6.38% return, which is significantly lower than DOV's 11.89% return. Over the past 10 years, WBD has underperformed DOV with an annualized return of 0.50%, while DOV has yielded a comparatively higher 16.36% annualized return.
WBD
- 1D
- 0.45%
- 1M
- -0.00%
- YTD
- -6.38%
- 6M
- -10.01%
- 1Y
- 168.99%
- 3Y*
- 25.07%
- 5Y*
- -2.61%
- 10Y*
- 0.50%
DOV
- 1D
- -0.50%
- 1M
- 3.41%
- YTD
- 11.89%
- 6M
- 9.71%
- 1Y
- 24.45%
- 3Y*
- 15.73%
- 5Y*
- 8.79%
- 10Y*
- 16.36%
WBD vs. DOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WBD Warner Bros. Discovery, Inc. | -6.38% | 172.66% | -7.12% | 20.04% | -59.73% | -21.77% | -8.09% | 32.34% | 10.55% | -18.35% |
DOV Dover Corporation | 11.89% | 5.24% | 23.35% | 15.22% | -24.34% | 45.73% | 11.53% | 65.80% | -11.11% | 37.68% |
Correlation
The correlation between WBD and DOV is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jul 8, 2005 | 0.41 |
The correlation between WBD and DOV shifts across timeframes, from 0.26 (1 year) to 0.41 (all time), reflecting how their relationship changes across market environments.
Fundamentals
WBD:
$67.23B
DOV:
$29.55B
WBD:
-$0.86
DOV:
$8.01
WBD:
1.81
DOV:
3.61
WBD:
2.06
DOV:
3.95
WBD:
$37.21B
DOV:
$8.28B
WBD:
$15.43B
DOV:
$3.27B
WBD:
$9.00B
DOV:
$1.78B
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Return for Risk
WBD vs. DOV — Risk / Return Rank
WBD
DOV
WBD vs. DOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Warner Bros. Discovery, Inc. (WBD) 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.
| WBD | DOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.63 | ||
| Sortino ratioReturn per unit of downside risk | +3.93 | ||
| Omega ratioGain probability vs. loss probability | 1.76 | 1.18 | +0.58 |
| Calmar ratioReturn relative to maximum drawdown | 7.82 | 1.50 | +6.32 |
| Martin ratioReturn relative to average drawdown | 22.23 | 3.42 | +18.80 |
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Drawdowns
WBD vs. DOV - Drawdown Comparison
The maximum WBD drawdown since its inception was -91.32%, which is greater than DOV's maximum drawdown of -58.22%. Use the drawdown chart below to compare losses from any high point for WBD and DOV.
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Drawdown Indicators
| WBD | DOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.32% | -58.22% | -33.10% |
Max Drawdown (1Y)Largest decline over 1 year | -21.31% | -15.34% | -5.97% |
Max Drawdown (3Y)Largest decline over 3 years | -53.63% | -26.59% | -27.04% |
Max Drawdown (5Y)Largest decline over 5 years | -78.49% | -35.56% | -42.93% |
Max Drawdown (10Y)Largest decline over 10 years | -91.32% | -45.24% | -46.08% |
Current DrawdownCurrent decline from peak | -65.08% | -6.36% | -58.72% |
Average DrawdownAverage peak-to-trough decline | -37.14% | -13.14% | -24.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.48% | 6.71% | +0.77% |
Volatility
WBD vs. DOV - Volatility Comparison
The current volatility for Warner Bros. Discovery, Inc. (WBD) is 4.77%, while Dover Corporation (DOV) has a volatility of 7.17%. This indicates that WBD experiences smaller price fluctuations and is considered to be less risky 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
| WBD | DOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.77% | 7.17% | -2.40% |
Volatility (6M)Calculated over the trailing 6-month period | 11.46% | 18.33% | -6.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.82% | 24.36% | +22.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.71% | 24.87% | +27.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.14% | 26.75% | +20.39% |
Dividends
WBD vs. DOV - Dividend Comparison
WBD has not paid dividends to shareholders, while DOV's dividend yield for the trailing twelve months is around 0.96%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DOV Dover Corporation | 0.96% | 1.06% | 1.09% | 1.32% | 1.48% | 1.10% | 1.56% | 1.68% | 2.55% | 1.80% | 2.30% | 2.67% |
WBD Warner Bros. Discovery, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
WBD vs. DOV - Financials Comparison
This section allows you to compare key financial metrics between Warner Bros. Discovery, 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
WBD vs. DOV - Profitability Comparison
WBD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Warner Bros. Discovery, Inc. reported a gross profit of 4.25B and revenue of 8.89B. Therefore, the gross margin over that period was 47.8%.
DOV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dover Corporation reported a gross profit of 798.14M and revenue of 2.05B. Therefore, the gross margin over that period was 38.9%.
WBD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Warner Bros. Discovery, Inc. reported an operating income of -2.47B and revenue of 8.89B, resulting in an operating margin of -27.8%.
DOV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dover Corporation reported an operating income of 305.91M and revenue of 2.05B, resulting in an operating margin of 14.9%.
WBD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Warner Bros. Discovery, Inc. reported a net income of -3.33B and revenue of 8.89B, resulting in a net margin of -37.5%.
DOV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dover Corporation reported a net income of 238.43M and revenue of 2.05B, resulting in a net margin of 11.6%.
Frequently Asked Questions
WBD and DOV have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DOV has higher volatility (7.17%) compared to WBD (4.77%). In terms of maximum drawdown, WBD dropped -91.32% vs DOV's -58.22%.
WBD currently has the higher Sharpe Ratio (3.57 vs 0.94), 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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