SWK vs. PH
SWK (Stanley Black & Decker, Inc.) and PH (Parker-Hannifin Corporation) are both stocks. Both are in the Industrials sector — SWK in Tools & Accessories, PH in Specialty Industrial Machinery. Over the past 10 years, SWK returned -0.15%/yr vs 25.12%/yr for PH. At a 0.48 correlation, their price movements are largely independent.
Performance
SWK vs. PH - Performance Comparison
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Returns By Period
In the year-to-date period, SWK achieves a 15.04% return, which is significantly higher than PH's 3.21% return. Over the past 10 years, SWK has underperformed PH with an annualized return of -0.15%, while PH has yielded a comparatively higher 25.12% annualized return.
SWK
- 1D
- 0.59%
- 1M
- 12.48%
- YTD
- 15.04%
- 6M
- 12.91%
- 1Y
- 33.97%
- 3Y*
- 1.97%
- 5Y*
- -13.22%
- 10Y*
- -0.15%
PH
- 1D
- 0.12%
- 1M
- 4.72%
- YTD
- 3.21%
- 6M
- 2.52%
- 1Y
- 39.33%
- 3Y*
- 36.33%
- 5Y*
- 26.12%
- 10Y*
- 25.12%
SWK vs. PH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWK Stanley Black & Decker, Inc. | 15.04% | -3.17% | -15.19% | 35.55% | -58.92% | 7.28% | 9.73% | 41.18% | -28.13% | 50.50% |
PH Parker-Hannifin Corporation | 3.21% | 39.54% | 39.58% | 60.81% | -6.91% | 18.30% | 34.78% | 40.75% | -24.00% | 44.91% |
Correlation
The correlation between SWK and PH is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 1985 | 0.48 |
The correlation between SWK and PH shifts across timeframes, from 0.48 (all time) to 0.65 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
SWK:
$2.65
PH:
$27.11
SWK:
31.61
PH:
33.33
SWK:
0.84
PH:
5.53
SWK:
$15.13B
PH:
$20.99B
SWK:
$4.52B
PH:
$7.81B
SWK:
$1.39B
PH:
$5.31B
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Return for Risk
SWK vs. PH — Risk / Return Rank
SWK
PH
SWK vs. PH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Stanley Black & Decker, Inc. (SWK) 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.
| SWK | PH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.26 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.14 | 1.90 | -0.76 |
| Martin ratioReturn relative to average drawdown | 2.54 | 5.64 | -3.11 |
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Drawdowns
SWK vs. PH - Drawdown Comparison
The maximum SWK drawdown since its inception was -71.31%, which is greater than PH's maximum drawdown of -66.92%. Use the drawdown chart below to compare losses from any high point for SWK and PH.
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Drawdown Indicators
| SWK | PH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.31% | -66.92% | -4.39% |
Max Drawdown (1Y)Largest decline over 1 year | -26.14% | -19.34% | -6.80% |
Max Drawdown (3Y)Largest decline over 3 years | -48.31% | -26.79% | -21.52% |
Max Drawdown (5Y)Largest decline over 5 years | -69.86% | -28.64% | -41.22% |
Max Drawdown (10Y)Largest decline over 10 years | -71.31% | -54.68% | -16.63% |
Current DrawdownCurrent decline from peak | -54.51% | -11.49% | -43.02% |
Average DrawdownAverage peak-to-trough decline | -19.46% | -15.33% | -4.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.75% | 6.52% | +5.23% |
Volatility
SWK vs. PH - Volatility Comparison
Stanley Black & Decker, Inc. (SWK) has a higher volatility of 10.14% compared to Parker-Hannifin Corporation (PH) at 7.58%. This indicates that SWK'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
| SWK | PH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.14% | 7.58% | +2.56% |
Volatility (6M)Calculated over the trailing 6-month period | 27.24% | 18.96% | +8.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.82% | 25.10% | +12.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.71% | 28.68% | +9.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.69% | 31.70% | +4.99% |
Dividends
SWK vs. PH - Dividend Comparison
SWK's dividend yield for the trailing twelve months is around 3.97%, more than PH's 0.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PH Parker-Hannifin Corporation | 0.82% | 0.80% | 1.00% | 1.25% | 1.73% | 1.25% | 1.29% | 1.65% | 1.97% | 1.32% | 1.80% | 2.60% |
SWK Stanley Black & Decker, Inc. | 3.97% | 4.44% | 4.06% | 3.28% | 4.23% | 1.58% | 1.56% | 1.63% | 2.15% | 1.43% | 1.97% | 2.01% |
Financials
SWK vs. PH - Financials Comparison
This section allows you to compare key financial metrics between Stanley Black & Decker, Inc. 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
SWK vs. PH - Profitability Comparison
SWK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Stanley Black & Decker, Inc. reported a gross profit of 1.22B and revenue of 3.68B. Therefore, the gross margin over that period was 33.2%.
PH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
SWK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Stanley Black & Decker, Inc. reported an operating income of 366.80M and revenue of 3.68B, resulting in an operating margin of 10.0%.
PH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Parker-Hannifin Corporation reported an operating income of 1.13B and revenue of 5.49B, resulting in an operating margin of 20.7%.
SWK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Stanley Black & Decker, Inc. reported a net income of 158.20M and revenue of 3.68B, resulting in a net margin of 4.3%.
PH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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
SWK and PH have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SWK has higher volatility (10.14%) compared to PH (7.58%). In terms of maximum drawdown, SWK dropped -71.31% vs PH's -66.92%.
PH currently has the higher Sharpe Ratio (1.47 vs 0.79), 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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