PH vs. BRO
PH (Parker-Hannifin Corporation) and BRO (Brown & Brown, Inc.) are both stocks. PH operates in Specialty Industrial Machinery (Industrials), while BRO operates in Insurance Brokers (Financial Services). Over the past 10 years, PH returned 25.62%/yr vs 15.04%/yr for BRO. At a 0.30 correlation, their price movements are largely independent.
Performance
PH vs. BRO - Performance Comparison
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Returns By Period
In the year-to-date period, PH achieves a 8.62% return, which is significantly higher than BRO's -13.05% return. Over the past 10 years, PH has outperformed BRO with an annualized return of 25.62%, while BRO has yielded a comparatively lower 15.04% annualized return.
PH
- 1D
- -0.25%
- 1M
- -0.26%
- 6M
- 1.11%
- YTD
- 8.62%
- 1Y
- 32.73%
- 3Y*
- 35.16%
- 5Y*
- 27.15%
- 10Y*
- 25.62%
- ALL TIME*
- 14.92%
BRO
- 1D
- -0.59%
- 1M
- 16.65%
- 6M
- -13.38%
- YTD
- -13.05%
- 1Y
- -33.02%
- 3Y*
- -0.37%
- 5Y*
- 6.03%
- 10Y*
- 15.04%
- ALL TIME*
- 14.93%
PH vs. BRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PH Parker-Hannifin Corporation | 8.62% | 39.54% | 39.58% | 60.81% | -6.91% | 18.30% | 34.78% | 40.75% | -24.00% | 44.91% |
BRO Brown & Brown, Inc. | -13.05% | -21.37% | 44.32% | 25.73% | -18.39% | 49.31% | 21.06% | 44.67% | 8.30% | 16.15% |
Correlation
The correlation between PH and BRO is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Mar 3, 1992 | 0.30 |
The correlation between PH and BRO shifts across timeframes, from -0.05 (1 year) to 0.38 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
PH:
$119.88B
BRO:
$23.37B
PH:
$27.15
BRO:
$5.13
PH:
35.02
BRO:
13.43
PH:
1.48
BRO:
0.99
PH:
5.81
BRO:
2.40
PH:
$20.99B
BRO:
$6.43B
PH:
$7.81B
BRO:
$3.82B
PH:
$5.31B
BRO:
$1.51B
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Return for Risk
PH vs. BRO — Risk / Return Rank
PH
BRO
PH vs. BRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Parker-Hannifin Corporation (PH) and Brown & Brown, Inc. (BRO). 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.
| PH | BRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.39 | ||
| Sortino ratioReturn per unit of downside risk | +3.44 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.81 | +0.42 |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | -0.71 | +2.41 |
| Martin ratioReturn relative to average drawdown | 4.83 | -1.17 | +5.99 |
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Drawdowns
PH vs. BRO - Drawdown Comparison
The maximum PH drawdown since its inception was -66.92%, which is greater than BRO's maximum drawdown of -55.85%. Use the drawdown chart below to compare losses from any high point for PH and BRO.
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Drawdown Indicators
| PH | BRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.92% | -55.85% | -11.07% |
Max Drawdown (1Y)Largest decline over 1 year | -19.34% | -46.93% | +27.59% |
Max Drawdown (3Y)Largest decline over 3 years | -26.79% | -55.85% | +29.06% |
Max Drawdown (5Y)Largest decline over 5 years | -28.64% | -55.85% | +27.21% |
Max Drawdown (10Y)Largest decline over 10 years | -54.68% | -55.85% | +1.17% |
Current DrawdownCurrent decline from peak | -6.85% | -44.02% | +37.17% |
Average DrawdownAverage peak-to-trough decline | -15.31% | -13.63% | -1.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.80% | 28.61% | -21.81% |
Volatility
PH vs. BRO - Volatility Comparison
The current volatility for Parker-Hannifin Corporation (PH) is 6.33%, while Brown & Brown, Inc. (BRO) has a volatility of 11.02%. This indicates that PH experiences smaller price fluctuations and is considered to be less risky than BRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PH | BRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.33% | 11.02% | -4.69% |
Volatility (6M)Calculated over the trailing 6-month period | 19.36% | 23.89% | -4.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.42% | 30.37% | -4.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.61% | 25.27% | +3.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.61% | 23.84% | +7.77% |
Dividends
PH vs. BRO - Dividend Comparison
PH's dividend yield for the trailing twelve months is around 0.78%, less than BRO's 0.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRO Brown & Brown, Inc. | 0.94% | 0.77% | 0.53% | 0.67% | 0.74% | 0.54% | 0.73% | 0.82% | 1.11% | 1.08% | 1.12% | 1.41% |
PH Parker-Hannifin Corporation | 0.78% | 0.80% | 1.00% | 1.25% | 1.73% | 1.25% | 1.29% | 1.65% | 1.97% | 1.32% | 1.80% | 2.60% |
Financials
PH vs. BRO - Financials Comparison
This section allows you to compare key financial metrics between Parker-Hannifin Corporation and Brown & Brown, Inc.. 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
PH vs. BRO - Profitability Comparison
PH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
BRO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Brown & Brown, Inc. reported a gross profit of 994.00M and revenue of 1.90B. Therefore, the gross margin over that period was 52.3%.
PH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Parker-Hannifin Corporation reported an operating income of 1.13B and revenue of 5.49B, resulting in an operating margin of 20.7%.
BRO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Brown & Brown, Inc. reported an operating income of 0.00 and revenue of 1.90B, resulting in an operating margin of 0.0%.
PH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Parker-Hannifin Corporation reported a net income of 904.00M and revenue of 5.49B, resulting in a net margin of 16.5%.
BRO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Brown & Brown, Inc. reported a net income of 426.00M and revenue of 1.90B, resulting in a net margin of 22.4%.
Frequently Asked Questions
PH and BRO 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.
BRO has higher volatility (11.02%) compared to PH (6.33%). In terms of maximum drawdown, PH dropped -66.92% vs BRO's -55.85%.
PH currently has the higher Sharpe Ratio (1.30 vs -1.09), 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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