Correlation
The correlation between ETN and PH is 0.60, 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.
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.
Performance
ETN vs. PH - Performance Comparison
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Key characteristics
ETN:
-0.10
PH:
0.74
ETN:
0.14
PH:
1.08
ETN:
1.02
PH:
1.16
ETN:
-0.10
PH:
0.78
ETN:
-0.24
PH:
2.61
ETN:
14.30%
PH:
8.04%
ETN:
38.44%
PH:
34.95%
ETN:
-68.95%
PH:
-66.92%
ETN:
-14.35%
PH:
-7.03%
Fundamentals
ETN:
$125.63B
PH:
$83.69B
ETN:
$9.92
PH:
$26.00
ETN:
32.36
PH:
25.19
ETN:
2.69
PH:
2.93
ETN:
4.96
PH:
4.23
ETN:
6.79
PH:
6.25
ETN:
$25.31B
PH:
$19.79B
ETN:
$9.73B
PH:
$7.25B
ETN:
$5.80B
PH:
$5.34B
Returns By Period
In the year-to-date period, ETN achieves a -2.56% return, which is significantly lower than PH's 3.51% return. Over the past 10 years, ETN has underperformed PH with an annualized return of 19.27%, while PH has yielded a comparatively higher 20.24% annualized return.
ETN
-2.56%
11.55%
-14.16%
-4.56%
36.03%
34.97%
19.27%
PH
3.51%
9.83%
-6.54%
24.90%
37.57%
33.32%
20.24%
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Risk-Adjusted Performance
ETN vs. PH — Risk-Adjusted Performance Rank
ETN
PH
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.
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Dividends
ETN vs. PH - Dividend Comparison
ETN's dividend yield for the trailing twelve months is around 1.23%, more than PH's 1.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETN Eaton Corporation plc | 1.23% | 1.13% | 1.43% | 2.06% | 1.76% | 2.43% | 3.00% | 3.85% | 3.04% | 3.40% | 4.23% | 2.88% |
PH Parker-Hannifin Corporation | 1.02% | 1.00% | 1.25% | 1.73% | 1.25% | 1.29% | 1.65% | 1.97% | 1.32% | 1.80% | 2.60% | 1.61% |
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.
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Volatility
ETN vs. PH - Volatility Comparison
Eaton Corporation plc (ETN) and Parker-Hannifin Corporation (PH) have volatilities of 6.08% and 5.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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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
ETN vs. PH - Profitability Comparison
ETN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Eaton Corporation plc reported a gross profit of 2.45B and revenue of 6.38B. Therefore, the gross margin over that period was 38.4%.
PH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Parker-Hannifin Corporation reported a gross profit of 1.83B and revenue of 4.96B. Therefore, the gross margin over that period was 36.9%.
ETN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Eaton Corporation plc reported an operating income of 1.20B and revenue of 6.38B, resulting in an operating margin of 18.8%.
PH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Parker-Hannifin Corporation reported an operating income of 1.05B and revenue of 4.96B, resulting in an operating margin of 21.1%.
ETN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Eaton Corporation plc reported a net income of 964.00M and revenue of 6.38B, resulting in a net margin of 15.1%.
PH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Parker-Hannifin Corporation reported a net income of 960.87M and revenue of 4.96B, resulting in a net margin of 19.4%.