PH vs. LEG
PH (Parker-Hannifin Corporation) and LEG (Leggett & Platt, Incorporated) are both stocks. PH operates in Specialty Industrial Machinery (Industrials), while LEG operates in Furnishings, Fixtures & Appliances (Consumer Cyclical). Over the past 10 years, PH returned 25.97%/yr vs -12.01%/yr for LEG. Their 0.42 correlation means their historical movements had little consistent relationship.
Performance
PH vs. LEG - Performance Comparison
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Returns By Period
In the year-to-date period, PH achieves a 11.56% return, which is significantly higher than LEG's -10.05% return. Over the past 10 years, PH has outperformed LEG with an annualized return of 25.97%, while LEG has yielded a comparatively lower -12.01% annualized return.
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%
LEG
- 1D
- -2.20%
- 1M
- -16.02%
- 6M
- -15.21%
- YTD
- -10.05%
- 1Y
- 4.60%
- 3Y*
- -29.16%
- 5Y*
- -24.27%
- 10Y*
- -12.01%
- ALL TIME*
- 6.33%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $18.50M | $23.27M | $28.03M | |
| $537.51M | $523.59M | $635.17M |
PH vs. LEG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PH Parker-Hannifin Corporation | 11.56% | 39.54% | 39.58% | 60.81% | -6.91% | 18.30% | 34.78% | 40.75% | -24.00% | 44.91% |
LEG Leggett & Platt, Incorporated | -10.05% | 17.02% | -61.93% | -13.45% | -17.78% | -3.76% | -9.05% | 47.13% | -22.25% | 0.58% |
Correlation
The correlation between PH and LEG is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.47 |
Correlation (3Y) Balances recent behavior with more history. | 0.42 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.49 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.53 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 1987 | 0.42 |
The correlation between PH and LEG shifts across timeframes, from 0.42 (3 years) to 0.53 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
PH:
$123.13B
LEG:
$1.34B
PH:
$27.15
LEG:
$1.60
PH:
35.96
LEG:
6.13
PH:
5.96
LEG:
0.45
PH:
8.03
LEG:
1.33
PH:
$20.99B
LEG:
$3.03B
PH:
$7.81B
LEG:
$717.40M
PH:
$5.31B
LEG:
$433.10M
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Return for Risk
PH vs. LEG — Risk / Return Rank
PH
LEG
PH vs. LEG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Parker-Hannifin Corporation (PH) and Leggett & Platt, Incorporated (LEG). 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 | LEG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.26 | ||
| Sortino ratioReturn per unit of downside risk | +1.46 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.06 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.80 | 0.16 | +1.63 |
| Martin ratioReturn relative to average drawdown | 5.07 | 0.34 | +4.73 |
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Drawdowns
PH vs. LEG - Drawdown Comparison
The maximum PH drawdown since its inception was -66.92%, smaller than the maximum LEG drawdown of -86.41%. Use the drawdown chart below to compare losses from any high point for PH and LEG.
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Drawdown Indicators
| PH | LEG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.92% | -86.41% | +19.49% |
Max Drawdown (1Y)Largest decline over 1 year | -19.34% | -28.51% | +9.17% |
Max Drawdown (3Y)Largest decline over 3 years | -26.79% | -76.68% | +49.89% |
Max Drawdown (5Y)Largest decline over 5 years | -28.64% | -84.29% | +55.65% |
Max Drawdown (10Y)Largest decline over 10 years | -54.68% | -86.41% | +31.73% |
Current DrawdownCurrent decline from peak | -4.33% | -79.20% | +74.87% |
Average DrawdownAverage peak-to-trough decline | -15.30% | -19.84% | +4.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.85% | 13.72% | -6.87% |
Volatility
PH vs. LEG - Volatility Comparison
The current volatility for Parker-Hannifin Corporation (PH) is 6.43%, while Leggett & Platt, Incorporated (LEG) has a volatility of 11.32%. This indicates that PH experiences smaller price fluctuations and is considered to be less risky than LEG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PH | LEG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.43% | 11.32% | -4.89% |
Volatility (6M)Calculated over the trailing 6-month period | 19.46% | 32.38% | -12.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.70% | 49.36% | -23.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.66% | 42.74% | -14.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.62% | 39.96% | -8.34% |
Dividends
PH vs. LEG - Dividend Comparison
PH's dividend yield for the trailing twelve months is around 0.76%, less than LEG's 2.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LEG Leggett & Platt, Incorporated | 2.04% | 1.82% | 6.35% | 6.95% | 5.40% | 4.03% | 3.61% | 3.11% | 4.19% | 2.98% | 2.74% | 3.00% |
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
PH vs. LEG - Financials Comparison
This section allows you to compare key financial metrics between Parker-Hannifin Corporation and Leggett & Platt, Incorporated. 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
Frequently Asked Questions
PH and LEG have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LEG has higher volatility (11.32%) compared to PH (6.43%). In terms of maximum drawdown, PH dropped -66.92% vs LEG's -86.41%.
PH currently has the higher Sharpe Ratio (1.35 vs 0.09), 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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