vs
Side-by-side financial comparison of Dover Corporation (DOV) and MARRIOTT VACATIONS WORLDWIDE Corp (VAC). Click either name above to swap in a different company.
Dover Corporation is the larger business by last-quarter revenue ($2.1B vs $1.2B, roughly 1.7× MARRIOTT VACATIONS WORLDWIDE Corp). Dover Corporation runs the higher net margin — 13.4% vs -35.0%, a 48.5% gap on every dollar of revenue. On growth, Dover Corporation posted the faster year-over-year revenue change (12.5% vs -0.7%). Over the past eight quarters, MARRIOTT VACATIONS WORLDWIDE Corp's revenue compounded faster (5.2% CAGR vs -1.8%).
Dover Corporation is an American conglomerate manufacturer of industrial products. The Downers Grove, Illinois-based company was founded in 1955. As of 2021, Dover's business was divided into five segments: Engineered Products, Clean Energy and Fueling, Imaging & Identification, Pumps & Process Solutions and Climate and Sustainability Technologies. Dover is a constituent of the S&P 500 index and trades on the New York Stock Exchange under the symbol DOV. Dover was ranked 448 in the 2024 Fortu...
Marriott Vacations Worldwide Corporation is a pure-play public timeshare company. Formerly a division of Marriott International, Marriott Vacations Worldwide was established as a separate, publicly traded entity focusing primarily on vacation ownership in November 2011. Marriott Vacations Worldwide runs more than 120 resorts with over 700,000 Owners and members in a diverse portfolio of brands under The Marriott Vacation Clubs name. Its brands include Marriott Vacation Club, The Marriott Vaca...
DOV vs VAC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $1.2B |
| Net Profit | $282.1M | $-431.0M |
| Gross Margin | 39.1% | — |
| Operating Margin | 16.5% | — |
| Net Margin | 13.4% | -35.0% |
| Revenue YoY | 12.5% | -0.7% |
| Net Profit YoY | 22.2% | -962.0% |
| EPS (diluted) | $2.06 | $-12.00 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $1.2B | ||
| Q3 25 | $2.1B | $1.2B | ||
| Q2 25 | $2.0B | $1.2B | ||
| Q1 25 | $1.9B | $1.1B | ||
| Q4 24 | $1.5B | $1.2B | ||
| Q3 24 | $2.0B | $1.2B | ||
| Q2 24 | $2.2B | $1.1B |
| Q1 26 | $282.1M | — | ||
| Q4 25 | $282.1M | $-431.0M | ||
| Q3 25 | $302.0M | $-2.0M | ||
| Q2 25 | $279.1M | $69.0M | ||
| Q1 25 | $230.8M | $56.0M | ||
| Q4 24 | $1.4B | $50.0M | ||
| Q3 24 | $347.1M | $84.0M | ||
| Q2 24 | $281.8M | $37.0M |
| Q1 26 | 39.1% | — | ||
| Q4 25 | 39.1% | — | ||
| Q3 25 | 40.1% | — | ||
| Q2 25 | 39.9% | — | ||
| Q1 25 | 40.0% | — | ||
| Q4 24 | 41.4% | — | ||
| Q3 24 | 38.5% | — | ||
| Q2 24 | 37.7% | — |
| Q1 26 | 16.5% | — | ||
| Q4 25 | 16.5% | — | ||
| Q3 25 | 18.2% | — | ||
| Q2 25 | 17.3% | — | ||
| Q1 25 | 15.9% | — | ||
| Q4 24 | 14.0% | — | ||
| Q3 24 | 16.8% | — | ||
| Q2 24 | 17.0% | — |
| Q1 26 | 13.4% | — | ||
| Q4 25 | 13.4% | -35.0% | ||
| Q3 25 | 14.5% | -0.2% | ||
| Q2 25 | 13.6% | 6.0% | ||
| Q1 25 | 12.4% | 5.0% | ||
| Q4 24 | 96.4% | 4.0% | ||
| Q3 24 | 17.5% | 6.9% | ||
| Q2 24 | 12.9% | 3.5% |
| Q1 26 | $2.06 | — | ||
| Q4 25 | $2.06 | $-12.00 | ||
| Q3 25 | $2.19 | $-0.07 | ||
| Q2 25 | $2.02 | $1.77 | ||
| Q1 25 | $1.67 | $1.46 | ||
| Q4 24 | $10.38 | $1.29 | ||
| Q3 24 | $2.51 | $2.12 | ||
| Q2 24 | $2.04 | $0.98 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $406.0M |
| Total DebtLower is stronger | $3.3B | — |
| Stockholders' EquityBook value | $7.4B | $2.0B |
| Total Assets | $13.4B | $9.8B |
| Debt / EquityLower = less leverage | 0.45× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $406.0M | ||
| Q3 25 | — | $474.0M | ||
| Q2 25 | — | $205.0M | ||
| Q1 25 | — | $196.0M | ||
| Q4 24 | — | $197.0M | ||
| Q3 24 | — | $197.0M | ||
| Q2 24 | — | $206.0M |
| Q1 26 | $3.3B | — | ||
| Q4 25 | $3.3B | — | ||
| Q3 25 | $3.1B | — | ||
| Q2 25 | $3.1B | — | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | $3.0B | — | ||
| Q2 24 | $3.0B | — |
| Q1 26 | $7.4B | — | ||
| Q4 25 | $7.4B | $2.0B | ||
| Q3 25 | $7.7B | $2.5B | ||
| Q2 25 | $7.4B | $2.5B | ||
| Q1 25 | $7.1B | $2.4B | ||
| Q4 24 | $7.0B | $2.4B | ||
| Q3 24 | $5.7B | $2.4B | ||
| Q2 24 | $5.4B | $2.4B |
| Q1 26 | $13.4B | — | ||
| Q4 25 | $13.4B | $9.8B | ||
| Q3 25 | $13.4B | $10.1B | ||
| Q2 25 | $13.2B | $9.9B | ||
| Q1 25 | $12.6B | $9.9B | ||
| Q4 24 | $12.5B | $9.8B | ||
| Q3 24 | $11.9B | $9.7B | ||
| Q2 24 | $11.3B | $9.6B |
| Q1 26 | 0.45× | — | ||
| Q4 25 | 0.45× | — | ||
| Q3 25 | 0.40× | — | ||
| Q2 25 | 0.41× | — | ||
| Q1 25 | 0.42× | — | ||
| Q4 24 | 0.42× | — | ||
| Q3 24 | 0.53× | — | ||
| Q2 24 | 0.55× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $6.0M |
| Free Cash FlowOCF − Capex | — | $-6.0M |
| FCF MarginFCF / Revenue | — | -0.5% |
| Capex IntensityCapex / Revenue | — | 1.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-29.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $543.9M | $6.0M | ||
| Q3 25 | $424.2M | $62.0M | ||
| Q2 25 | $212.3M | $-48.0M | ||
| Q1 25 | $157.5M | $8.0M | ||
| Q4 24 | $439.0M | $100.0M | ||
| Q3 24 | $353.2M | $72.0M | ||
| Q2 24 | $203.7M | $30.0M |
| Q1 26 | — | — | ||
| Q4 25 | $487.0M | $-6.0M | ||
| Q3 25 | $370.1M | $51.0M | ||
| Q2 25 | $151.4M | $-68.0M | ||
| Q1 25 | $109.3M | $-6.0M | ||
| Q4 24 | $385.0M | $86.0M | ||
| Q3 24 | $325.0M | $58.0M | ||
| Q2 24 | $162.8M | $17.0M |
| Q1 26 | — | — | ||
| Q4 25 | 23.2% | -0.5% | ||
| Q3 25 | 17.8% | 4.3% | ||
| Q2 25 | 7.4% | -5.9% | ||
| Q1 25 | 5.9% | -0.5% | ||
| Q4 24 | 25.8% | 6.9% | ||
| Q3 24 | 16.4% | 4.8% | ||
| Q2 24 | 7.5% | 1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 2.7% | 1.0% | ||
| Q3 25 | 2.6% | 0.9% | ||
| Q2 25 | 3.0% | 1.7% | ||
| Q1 25 | 2.6% | 1.3% | ||
| Q4 24 | 3.6% | 1.1% | ||
| Q3 24 | 1.4% | 1.1% | ||
| Q2 24 | 1.9% | 1.2% |
| Q1 26 | — | — | ||
| Q4 25 | 1.93× | — | ||
| Q3 25 | 1.40× | — | ||
| Q2 25 | 0.76× | -0.70× | ||
| Q1 25 | 0.68× | 0.14× | ||
| Q4 24 | 0.31× | 2.00× | ||
| Q3 24 | 1.02× | 0.86× | ||
| Q2 24 | 0.72× | 0.81× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DOV
Segment breakdown not available.
VAC
| Cost Reimbursement | $467.0M | 38% |
| Time Share | $381.0M | 31% |
| Management And Exchange | $212.0M | 17% |
| Ancillary Revenues | $64.0M | 5% |
| Management Service | $55.0M | 4% |
| Service Other | $36.0M | 3% |
