PH vs. ETN
Compare and contrast key facts about Parker-Hannifin Corporation (PH) and Eaton Corporation plc (ETN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PH or ETN.
Correlation
The correlation between PH and ETN 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.
Performance
PH vs. ETN - Performance Comparison
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Key characteristics
PH:
0.64
ETN:
-0.08
PH:
1.14
ETN:
0.22
PH:
1.17
ETN:
1.03
PH:
0.85
ETN:
-0.03
PH:
2.82
ETN:
-0.08
PH:
8.04%
ETN:
14.24%
PH:
34.94%
ETN:
38.45%
PH:
-66.92%
ETN:
-68.95%
PH:
-6.06%
ETN:
-14.01%
Fundamentals
PH:
$86.90B
ETN:
$128.44B
PH:
$25.98
ETN:
$9.91
PH:
26.18
ETN:
33.12
PH:
3.04
ETN:
2.76
PH:
4.39
ETN:
5.07
PH:
6.49
ETN:
6.96
PH:
$19.79B
ETN:
$25.31B
PH:
$4.24B
ETN:
$9.73B
PH:
$4.67B
ETN:
$5.80B
Returns By Period
In the year-to-date period, PH achieves a 4.59% return, which is significantly higher than ETN's -2.18% return. Over the past 10 years, PH has outperformed ETN with an annualized return of 20.16%, while ETN has yielded a comparatively lower 19.14% annualized return.
PH
4.59%
21.26%
-3.65%
22.27%
38.63%
33.59%
20.16%
ETN
-2.18%
24.66%
-9.94%
-2.99%
36.10%
35.07%
19.14%
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Risk-Adjusted Performance
PH vs. ETN — Risk-Adjusted Performance Rank
PH
ETN
PH vs. ETN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Parker-Hannifin Corporation (PH) and Eaton Corporation plc (ETN). 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
PH vs. ETN - Dividend Comparison
PH's dividend yield for the trailing twelve months is around 1.01%, less than ETN's 1.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PH Parker-Hannifin Corporation | 1.01% | 1.00% | 1.25% | 1.73% | 1.25% | 1.29% | 1.65% | 1.97% | 1.32% | 1.80% | 2.60% | 1.61% |
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% |
Drawdowns
PH vs. ETN - Drawdown Comparison
The maximum PH drawdown since its inception was -66.92%, roughly equal to the maximum ETN drawdown of -68.95%. Use the drawdown chart below to compare losses from any high point for PH and ETN. For additional features, visit the drawdowns tool.
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Volatility
PH vs. ETN - Volatility Comparison
The current volatility for Parker-Hannifin Corporation (PH) is 6.45%, while Eaton Corporation plc (ETN) has a volatility of 7.29%. This indicates that PH experiences smaller price fluctuations and is considered to be less risky than ETN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
PH vs. ETN - Financials Comparison
This section allows you to compare key financial metrics between Parker-Hannifin Corporation and Eaton Corporation plc. 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. ETN - Profitability Comparison
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 -1.16B and revenue of 4.96B. Therefore, the gross margin over that period was -23.4%.
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 - 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 -1.91B and revenue of 4.96B, resulting in an operating margin of -38.5%.
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 - 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%.
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%.