S&P 500 comparison · Industrials

Dover Corporation vs W. W. Grainger

Prices at close . Model readings .

Dover Corporation

$207.99+0.88%
Month: negativeLong run: neutral

W. W. Grainger

$1,340.76−0.15%
Month: negativeLong run: neutral
Price change

Price change, with the S&P 500 as a benchmark

Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.

In short

How the two compare

On the latest closes (28 Oct 2026), W. W. Grainger is the larger company by market value ($63.28B against $28.05B). Over the past year Dover Corporation returned +17.8% and W. W. Grainger +38.2%, while the S&P 500 returned +12.7%. The latest filed P/E is 22.4 for Dover Corporation and 35.8 for W. W. Grainger, and the operating margin 18.8% against 16.1%. Over the next 21 sessions the model expects −0.31% for Dover Corporation, with a 32% chance of a rise, and −0.02% for W. W. Grainger, with a 58% chance. Dover Corporation's long-run fair value is $206.82, a gap of −0.6% to its price; the long-run model view is neutral. W. W. Grainger's long-run fair value is $1,276.23, a gap of −4.8% to its price; the long-run model view is neutral.

Model view

What the model expects

Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.

Model readings:
Expected returnnext 21 sessions
DOV−0.31%
GWW−0.02%
Chance of a risenext 21 sessions
DOV32%
GWW58%
Expected returnnext 63 sessions
DOV+2.03%
GWW+1.82%
Range of outcomes63 sessions, 80% band
DOV−13.8% to +17.9%
GWW−14.1% to +17.7%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
DOV$206.8228 Oct 2026
GWW$1,276.2328 Oct 2026
Gap to pricefair value against the close
DOV−0.6%
GWW−4.8%
Past readings that matchedsign of the 21-session outcome
DOV62.8%of 269
GWW44.2%of 269
Price performance

How the prices moved

Price change over each period, with the S&P 500 (SPY) for comparison.

Closes to
1 monthS&P 500: +1.1%
DOV+9.6%
GWW+7.4%
6 monthsS&P 500: +8.5%
DOV−6.2%
GWW+17.6%
Year to dateS&P 500: +13.3%
DOV+7%
GWW+33.7%
1 yearS&P 500: +12.7%
DOV+17.8%
GWW+38.2%
5 yearsS&P 500: +70.7%
DOV+30.7%
GWW+222.3%
1 year against the S&P 500percentage points
DOV+5.1 pts
GWW+25.5 pts
Position in the 52-week range0% low, 100% high
DOV54%close $207.99 in $175.08 to $236.42
GWW85%close $1,340.76 in $901.22 to $1,417.14
Against the 200-day average
DOV−0.7%
GWW+9%
Valuation

What the market pays

Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.

Filings: quarter to (DOV), (GWW)
Market value
DOV$28.05B28 Oct 2026
GWW$63.28B28 Oct 2026
Enterprise valueat the last filing
DOV$28.49B30 Sep 2026
GWW$66.03B30 Jun 2026
P/Elatest filed
DOV22.4
GWW35.8
Price to book
DOV3.30
GWW14.23
EV / EBITDA
DOV15.88
GWW22.34
Free cash flow yield
DOV4.72%
GWW2.35%
Dividend yield
DOV1.11%
GWW0.77%
Questions

Dover Corporation or W. W. Grainger: common questions

Which is larger by market value, Dover Corporation or W. W. Grainger?

W. W. Grainger, at $63.28B against $28.05B for Dover Corporation, on the latest closes (28 Oct 2026).

Which has the higher P/E ratio, Dover Corporation or W. W. Grainger?

W. W. Grainger has the higher latest filed P/E, 35.8; Dover Corporation's is 22.4. Filings: quarter to 30 Sep 2026 and 30 Jun 2026.

How did Dover Corporation and W. W. Grainger move over the past year against the S&P 500?

Over the past year Dover Corporation returned +17.8% and W. W. Grainger +38.2%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.

What does the model expect for Dover Corporation and W. W. Grainger over the next month?

−0.31% for Dover Corporation with a 32% chance of a rise, and −0.02% for W. W. Grainger with a 58% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.

How do the operating margins of Dover Corporation and W. W. Grainger compare?

The operating margin is 18.8% for Dover Corporation and 16.1% for W. W. Grainger, and the gross margin 40.4% against 39.5%. Filings: quarter to 30 Sep 2026 and 30 Jun 2026.

Do Dover Corporation and W. W. Grainger shares move together?

Over the past year the correlation of their daily returns was 0.40 (loosely together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.

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The two company pagesDover Corporation (DOV) forecast and analysisW. W. Grainger (GWW) forecast and analysis
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Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.