DOV vs ITW

Dover (DOV) and Illinois Tool Works (ITW) compared side by side. Illinois Tool Works (ITW) is larger, with a market cap of $78.5B versus $26.8B for Dover, about 2.9 times the size. On trailing earnings, DOV is cheaper at 23.2x versus 25.0x for ITW.

Head to head

MetricDOVITW
Market cap$26.8B$78.5B
P/E (TTM)23.2x25.0x
Forward P/E16.9x22.3x
Revenue (TTM)$8.6B$16.5B
Revenue growth7.5%6.1%
Gross margin40.2%44.2%
Operating margin19.7%26.9%
Free cash flow$1.2B$2.9B
Dividend yield1.05%2.50%
1-year return+11.0%+9.9%
5-year return (annual)+4.6%+6.7%
Max drawdown-58%-57%
FI Handbook gradeB-B-

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

$7.5K
$10.0K
$12.5K
20222023202420252026
DOVITW

DOV vs ITW FAQ

Which is bigger, DOV or ITW?

Illinois Tool Works (ITW) is larger, with a market cap of $78.5B versus $26.8B for Dover, about 2.9 times the size.

Is DOV or ITW cheaper?

On trailing earnings, DOV is cheaper at 23.2x versus 25.0x for ITW. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, DOV or ITW?

DOV returned +11.0% over the past year including dividends, versus +9.9% for ITW, through October 23, 2026.

Which pays a higher dividend, DOV or ITW?

ITW yields 2.50% versus 1.05% for DOV.

Full pages: Dover · Illinois Tool Works