ETN vs. PH
Compare and contrast key facts about Eaton Corporation plc (ETN) and Parker-Hannifin Corporation (PH).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETN or PH.
Key characteristics
| ETN | PH | |
|---|---|---|
| YTD Return | 31.33% | 15.52% |
| 1Y Return | 85.88% | 66.62% |
| 3Y Return (Ann) | 32.24% | 21.32% |
| 5Y Return (Ann) | 33.63% | 26.27% |
| 10Y Return (Ann) | 19.11% | 17.73% |
| Sharpe Ratio | 3.41 | 2.68 |
| Daily Std Dev | 25.22% | 24.47% |
| Max Drawdown | -68.95% | -66.92% |
| Current Drawdown | -4.61% | -6.35% |
Fundamentals
| ETN | PH | |
|---|---|---|
| Market Cap | $129.68B | $71.09B |
| EPS | $8.01 | $20.26 |
| PE Ratio | 40.49 | 27.33 |
| PEG Ratio | 3.26 | 2.26 |
| Revenue (TTM) | $23.20B | $19.83B |
| Gross Profit (TTM) | $6.89B | $6.57B |
| EBITDA (TTM) | $4.86B | $4.96B |
Correlation
The correlation between ETN and PH is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ETN vs. PH - Performance Comparison
In the year-to-date period, ETN achieves a 31.33% return, which is significantly higher than PH's 15.52% return. Over the past 10 years, ETN has outperformed PH with an annualized return of 19.11%, while PH has yielded a comparatively lower 17.73% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ETN vs. PH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Corporation plc (ETN) and Parker-Hannifin Corporation (PH). 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.
Dividends
ETN vs. PH - Dividend Comparison
ETN's dividend yield for the trailing twelve months is around 1.41%, more than PH's 1.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETN Eaton Corporation plc | 1.41% | 1.43% | 2.06% | 1.76% | 2.43% | 3.00% | 3.85% | 3.04% | 3.40% | 4.23% | 2.88% | 2.21% |
PH Parker-Hannifin Corporation | 1.12% | 1.25% | 1.73% | 1.25% | 1.29% | 1.65% | 1.97% | 1.32% | 1.80% | 2.60% | 1.61% | 1.38% |
Drawdowns
ETN vs. PH - Drawdown Comparison
The maximum ETN drawdown since its inception was -68.95%, roughly equal to the maximum PH drawdown of -66.92%. Use the drawdown chart below to compare losses from any high point for ETN and PH. For additional features, visit the drawdowns tool.
Volatility
ETN vs. PH - Volatility Comparison
Eaton Corporation plc (ETN) has a higher volatility of 7.98% compared to Parker-Hannifin Corporation (PH) at 4.91%. This indicates that ETN's price experiences larger fluctuations and is considered to be riskier than PH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ETN vs. PH - Financials Comparison
This section allows you to compare key financial metrics between Eaton Corporation plc and Parker-Hannifin 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