JNJ vs. PH
JNJ (Johnson & Johnson) and PH (Parker-Hannifin Corporation) are both stocks. JNJ operates in Drug Manufacturers - General (Healthcare), while PH operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, JNJ returned 10.44%/yr vs 25.97%/yr for PH. Their 0.25 correlation means their historical movements had little consistent relationship.
Performance
JNJ vs. PH - Performance Comparison
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Returns By Period
In the year-to-date period, JNJ achieves a 25.25% return, which is significantly higher than PH's 11.56% return. Over the past 10 years, JNJ has underperformed PH with an annualized return of 10.44%, while PH has yielded a comparatively higher 25.97% annualized return.
JNJ
- 1D
- 0.21%
- 1M
- 0.93%
- 6M
- 14.06%
- YTD
- 25.25%
- 1Y
- 59.50%
- 3Y*
- 18.33%
- 5Y*
- 11.37%
- 10Y*
- 10.44%
- ALL TIME*
- 12.28%
PH
- 1D
- 1.43%
- 1M
- 1.32%
- 6M
- 4.78%
- YTD
- 11.56%
- 1Y
- 34.58%
- 3Y*
- 34.53%
- 5Y*
- 27.26%
- 10Y*
- 25.97%
- ALL TIME*
- 14.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.09B | $2.09B | $1.99B | |
| $537.51M | $523.59M | $635.17M |
JNJ vs. PH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 25.25% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
PH Parker-Hannifin Corporation | 11.56% | 39.54% | 39.58% | 60.81% | -6.91% | 18.30% | 34.78% | 40.75% | -24.00% | 44.91% |
Correlation
The correlation between JNJ and PH is 0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.05 |
Correlation (3Y) Balances recent behavior with more history. | 0.06 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.12 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 1985 | 0.25 |
Over the past year, the correlation between JNJ and PH has dropped to 0.05 - well below their long-term average of 0.25, suggesting their price drivers have been diverging.
Fundamentals
JNJ:
$617.78B
PH:
$123.13B
JNJ:
$8.63
PH:
$27.15
JNJ:
29.71
PH:
35.96
JNJ:
0.99
PH:
1.52
JNJ:
6.38
PH:
5.96
JNJ:
7.36
PH:
8.03
JNJ:
$97.93B
PH:
$20.99B
JNJ:
$68.99B
PH:
$7.81B
JNJ:
$31.92B
PH:
$5.31B
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Return for Risk
JNJ vs. PH — Risk / Return Rank
JNJ
PH
JNJ vs. PH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Johnson & Johnson (JNJ) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JNJ | PH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.90 | ||
| Sortino ratioReturn per unit of downside risk | +2.35 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.24 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 5.46 | 1.80 | +3.66 |
| Martin ratioReturn relative to average drawdown | 15.18 | 5.07 | +10.11 |
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Drawdowns
JNJ vs. PH - Drawdown Comparison
The maximum JNJ drawdown since its inception was -50.67%, smaller than the maximum PH drawdown of -66.92%. Use the drawdown chart below to compare losses from any high point for JNJ and PH.
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Drawdown Indicators
| JNJ | PH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.67% | -66.92% | +16.25% |
Max Drawdown (1Y)Largest decline over 1 year | -10.96% | -19.34% | +8.38% |
Max Drawdown (3Y)Largest decline over 3 years | -15.72% | -26.79% | +11.07% |
Max Drawdown (5Y)Largest decline over 5 years | -18.41% | -28.64% | +10.23% |
Max Drawdown (10Y)Largest decline over 10 years | -27.37% | -54.68% | +27.31% |
Current DrawdownCurrent decline from peak | -4.07% | -4.33% | +0.26% |
Average DrawdownAverage peak-to-trough decline | -11.88% | -15.30% | +3.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.93% | 6.85% | -2.92% |
Volatility
JNJ vs. PH - Volatility Comparison
Johnson & Johnson (JNJ) has a higher volatility of 8.48% compared to Parker-Hannifin Corporation (PH) at 6.43%. This indicates that JNJ'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.
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Volatility by Period
| JNJ | PH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.48% | 6.43% | +2.05% |
Volatility (6M)Calculated over the trailing 6-month period | 15.03% | 19.46% | -4.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.44% | 25.70% | -7.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.46% | 28.66% | -11.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.75% | 31.62% | -12.87% |
Dividends
JNJ vs. PH - Dividend Comparison
JNJ's dividend yield for the trailing twelve months is around 2.04%, more than PH's 0.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 2.04% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
PH Parker-Hannifin Corporation | 0.76% | 0.80% | 1.00% | 1.25% | 1.73% | 1.25% | 1.29% | 1.65% | 1.97% | 1.32% | 1.80% | 2.60% |
Financials
JNJ vs. PH - Financials Comparison
This section allows you to compare key financial metrics between Johnson & Johnson 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
JNJ vs. PH - Profitability Comparison
JNJ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Johnson & Johnson reported a gross profit of 18.50B and revenue of 25.31B. Therefore, the gross margin over that period was 73.1%.
PH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Parker-Hannifin Corporation reported a gross profit of 2.02B and revenue of 5.49B. Therefore, the gross margin over that period was 36.8%.
JNJ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Johnson & Johnson reported an operating income of 7.17B and revenue of 25.31B, resulting in an operating margin of 28.3%.
PH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Parker-Hannifin Corporation reported an operating income of 1.13B and revenue of 5.49B, resulting in an operating margin of 20.7%.
JNJ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Johnson & Johnson reported a net income of 5.53B and revenue of 25.31B, resulting in a net margin of 21.9%.
PH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Parker-Hannifin Corporation reported a net income of 904.00M and revenue of 5.49B, resulting in a net margin of 16.5%.
Frequently Asked Questions
JNJ and PH have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JNJ has higher volatility (8.48%) compared to PH (6.43%). In terms of maximum drawdown, JNJ dropped -50.67% vs PH's -66.92%.
JNJ currently has the higher Sharpe Ratio (3.26 vs 1.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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