PH vs. PG
PH (Parker-Hannifin Corporation) and PG (The Procter & Gamble Company) are both stocks. PH operates in Specialty Industrial Machinery (Industrials), while PG operates in Household & Personal Products (Consumer Defensive). Over the past 10 years, PH returned 25.75%/yr vs 8.46%/yr for PG. At a 0.27 correlation, their price movements are largely independent.
Performance
PH vs. PG - Performance Comparison
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Returns By Period
In the year-to-date period, PH achieves a 9.82% return, which is significantly higher than PG's 4.11% return. Over the past 10 years, PH has outperformed PG with an annualized return of 25.75%, while PG has yielded a comparatively lower 8.46% annualized return.
PH
- 1D
- 1.27%
- 1M
- 6.53%
- 6M
- 4.80%
- YTD
- 9.82%
- 1Y
- 35.63%
- 3Y*
- 35.53%
- 5Y*
- 26.90%
- 10Y*
- 25.75%
PG
- 1D
- 0.13%
- 1M
- -0.88%
- 6M
- 5.17%
- YTD
- 4.11%
- 1Y
- -3.68%
- 3Y*
- 2.39%
- 5Y*
- 4.03%
- 10Y*
- 8.46%
PH vs. PG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PH Parker-Hannifin Corporation | 9.82% | 39.54% | 39.58% | 60.81% | -6.91% | 18.30% | 34.78% | 40.75% | -24.00% | 44.91% |
PG The Procter & Gamble Company | 4.11% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
Correlation
The correlation between PH and PG is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 1985 | 0.27 |
The correlation between PH and PG shifts across timeframes, from 0.07 (3 years) to 0.27 (all time), reflecting how their relationship changes across market environments.
Fundamentals
PH:
$121.20B
PG:
$342.40B
PH:
$27.15
PG:
$5.24
PH:
35.40
PG:
28.05
PH:
1.49
PG:
6.86
PH:
5.87
PG:
4.11
PH:
7.90
PG:
6.58
PH:
$20.99B
PG:
$86.72B
PH:
$7.81B
PG:
$43.64B
PH:
$5.31B
PG:
$22.63B
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Return for Risk
PH vs. PG — Risk / Return Rank
PH
PG
PH vs. PG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Parker-Hannifin Corporation (PH) and The Procter & Gamble Company (PG). 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 | PG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.65 | ||
| Sortino ratioReturn per unit of downside risk | +2.31 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 0.98 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | -0.29 | +2.15 |
| Martin ratioReturn relative to average drawdown | 5.33 | -0.52 | +5.85 |
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Drawdowns
PH vs. PG - Drawdown Comparison
The maximum PH drawdown since its inception was -66.92%, which is greater than PG's maximum drawdown of -54.25%. Use the drawdown chart below to compare losses from any high point for PH and PG.
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Drawdown Indicators
| PH | PG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.92% | -54.25% | -12.67% |
Max Drawdown (1Y)Largest decline over 1 year | -19.34% | -15.52% | -3.82% |
Max Drawdown (3Y)Largest decline over 3 years | -26.79% | -21.15% | -5.64% |
Max Drawdown (5Y)Largest decline over 5 years | -28.64% | -23.77% | -4.87% |
Max Drawdown (10Y)Largest decline over 10 years | -54.68% | -23.77% | -30.91% |
Current DrawdownCurrent decline from peak | -5.82% | -14.78% | +8.96% |
Average DrawdownAverage peak-to-trough decline | -15.31% | -12.16% | -3.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.73% | 8.73% | -2.00% |
Volatility
PH vs. PG - Volatility Comparison
Parker-Hannifin Corporation (PH) has a higher volatility of 7.92% compared to The Procter & Gamble Company (PG) at 6.83%. This indicates that PH's price experiences larger fluctuations and is considered to be riskier than PG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PH | PG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.92% | 6.83% | +1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 19.35% | 15.83% | +3.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.35% | 19.55% | +5.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.69% | 18.02% | +10.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.59% | 19.13% | +12.46% |
Dividends
PH vs. PG - Dividend Comparison
PH's dividend yield for the trailing twelve months is around 0.77%, less than PG's 2.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PG The Procter & Gamble Company | 2.90% | 2.91% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.31% |
PH Parker-Hannifin Corporation | 0.77% | 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. PG - Financials Comparison
This section allows you to compare key financial metrics between Parker-Hannifin Corporation and The Procter & Gamble Company. 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. PG - 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%.
PG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, The Procter & Gamble Company reported a gross profit of 10.51B and revenue of 21.24B. Therefore, the gross margin over that period was 49.5%.
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%.
PG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, The Procter & Gamble Company reported an operating income of 4.58B and revenue of 21.24B, resulting in an operating margin of 21.6%.
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%.
PG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, The Procter & Gamble Company reported a net income of 18.50M and revenue of 21.24B, resulting in a net margin of 0.1%.
Frequently Asked Questions
PH and PG have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PH has higher volatility (7.92%) compared to PG (6.83%). In terms of maximum drawdown, PH dropped -66.92% vs PG's -54.25%.
PH currently has the higher Sharpe Ratio (1.42 vs -0.23), 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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