KO vs. PH
KO (The Coca-Cola Company) and PH (Parker-Hannifin Corporation) are both stocks. KO operates in Beverages - Non-Alcoholic (Consumer Defensive), while PH operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, KO returned 10.64%/yr vs 25.97%/yr for PH. Their 0.27 correlation means their historical movements had little consistent relationship.
Performance
KO vs. PH - Performance Comparison
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Returns By Period
In the year-to-date period, KO achieves a 26.97% return, which is significantly higher than PH's 11.56% return. Over the past 10 years, KO has underperformed PH with an annualized return of 10.64%, while PH has yielded a comparatively higher 25.97% annualized return.
KO
- 1D
- -1.02%
- 1M
- 7.75%
- 6M
- 18.65%
- YTD
- 26.97%
- 1Y
- 32.67%
- 3Y*
- 15.70%
- 5Y*
- 12.23%
- 10Y*
- 10.64%
- ALL TIME*
- 12.27%
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) |
|---|---|---|---|
| $1.49B | $1.47B | $1.44B | |
| $537.51M | $523.59M | $635.17M |
KO vs. PH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KO The Coca-Cola Company | 26.97% | 15.60% | 8.88% | -4.43% | 10.61% | 11.37% | 2.47% | 20.60% | 6.77% | 14.38% |
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 KO 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. | 0.04 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.16 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 1985 | 0.27 |
The correlation between KO and PH shifts across timeframes, from -0.05 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
Fundamentals
KO:
$376.85B
PH:
$123.13B
KO:
$3.32
PH:
$27.15
KO:
26.39
PH:
35.96
KO:
3.18
PH:
1.52
KO:
7.54
PH:
5.96
KO:
10.45
PH:
8.03
KO:
$50.13B
PH:
$20.99B
KO:
$31.02B
PH:
$7.81B
KO:
$19.57B
PH:
$5.31B
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Return for Risk
KO vs. PH — Risk / Return Rank
KO
PH
KO vs. PH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Coca-Cola Company (KO) 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.
| KO | PH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.24 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 4.17 | 1.80 | +2.38 |
| Martin ratioReturn relative to average drawdown | 9.09 | 5.07 | +4.02 |
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Drawdowns
KO vs. PH - Drawdown Comparison
The maximum KO drawdown since its inception was -68.23%, roughly equal to the maximum PH drawdown of -66.92%. Use the drawdown chart below to compare losses from any high point for KO and PH.
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Drawdown Indicators
| KO | PH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.23% | -66.92% | -1.31% |
Max Drawdown (1Y)Largest decline over 1 year | -7.87% | -19.34% | +11.47% |
Max Drawdown (3Y)Largest decline over 3 years | -15.50% | -26.79% | +11.29% |
Max Drawdown (5Y)Largest decline over 5 years | -17.27% | -28.64% | +11.37% |
Max Drawdown (10Y)Largest decline over 10 years | -36.99% | -54.68% | +17.69% |
Current DrawdownCurrent decline from peak | -1.67% | -4.33% | +2.66% |
Average DrawdownAverage peak-to-trough decline | -16.06% | -15.30% | -0.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | 6.85% | -3.25% |
Volatility
KO vs. PH - Volatility Comparison
The Coca-Cola Company (KO) has a higher volatility of 9.09% compared to Parker-Hannifin Corporation (PH) at 6.43%. This indicates that KO'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
| KO | PH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.09% | 6.43% | +2.66% |
Volatility (6M)Calculated over the trailing 6-month period | 15.06% | 19.46% | -4.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.66% | 25.70% | -7.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.64% | 28.66% | -12.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.42% | 31.62% | -13.20% |
Dividends
KO vs. PH - Dividend Comparison
KO's dividend yield for the trailing twelve months is around 2.37%, more than PH's 0.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KO The Coca-Cola Company | 2.37% | 2.92% | 3.12% | 3.12% | 2.77% | 2.84% | 2.99% | 2.89% | 3.29% | 3.23% | 3.38% | 3.07% |
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
KO vs. PH - Financials Comparison
This section allows you to compare key financial metrics between The Coca-Cola Company 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
KO vs. PH - Profitability Comparison
KO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, The Coca-Cola Company reported a gross profit of 8.42B and revenue of 13.38B. Therefore, the gross margin over that period was 62.9%.
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%.
KO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, The Coca-Cola Company reported an operating income of 4.67B and revenue of 13.38B, resulting in an operating margin of 34.9%.
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%.
KO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, The Coca-Cola Company reported a net income of 4.43B and revenue of 13.38B, resulting in a net margin of 33.1%.
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
KO 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.
KO has higher volatility (9.09%) compared to PH (6.43%). In terms of maximum drawdown, KO dropped -68.23% vs PH's -66.92%.
KO currently has the higher Sharpe Ratio (1.76 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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