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ETN vs. PH: Eaton vs. Parker-Hannifin Stock Comparison

How do Eaton (ETN) and Parker-Hannifin (PH) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Eaton (ETN) and Parker-Hannifin (PH) both fall under the Capital Goods industry group, but ETN is classified in Electrical Equipment while PH is classified in Machinery.

Company profile comparison for Eaton (ETN) and Parker-Hannifin (PH)
Profile ItemETNPH
NameEaton Corporation plcParker-Hannifin Corporation
Country/RegionIrelandUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryElectrical EquipmentMachinery
GICS Sub-IndustryElectrical Components & EquipmentIndustrial Machinery & Supplies & Components
Market Capitalization132.76 billion USD115.73 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJune 1, 1972March 17, 1980
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

ETN
PH
GSPC
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Eaton (ETN) vs. Parker-Hannifin (PH), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Eaton (ETN) and Parker-Hannifin (PH). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Eaton (ETN) and Parker-Hannifin (PH). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Eaton (ETN) and Parker-Hannifin (PH)
MetricETNPH
Total Return (1Y)-2.33%14.13%
Total Return (3Y, Annualized)19.68%33.71%
Total Return (5Y, Annualized)17.50%25.35%

Risk Profile

Drawdown History

ETN
PH
GSPC
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Eaton (ETN) vs. Parker-Hannifin (PH), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Eaton (ETN) and Parker-Hannifin (PH). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Eaton (ETN) and Parker-Hannifin (PH)
MetricETNPH
Volatility (1Y, Annualized)43.57%27.33%
Beta (5Y)1.141.12
Max Drawdown (5Y)-34.46%-28.64%
Avg. Volume (3M)2.32M627.57K

Risk-Adjusted Performance

Risk-Return Positioning

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ETN and PH are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Eaton (ETN) and Parker-Hannifin (PH)
MetricETNPH
Sharpe Ratio (1Y)-0.150.36
Sortino Ratio (1Y)-0.210.53

Profitability

ROE (TTM)

Both Eaton (ETN) at 19.55% and Parker-Hannifin (PH) at 24.95% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

ETN

Capital Goods industry group

19.55%

Max
40.55%
ETN
19.55%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%

PH

Capital Goods industry group

24.95%

Max
40.55%
PH
24.95%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%
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Eaton (ETN) vs. Parker-Hannifin (PH): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Eaton (ETN) at 12.18% and Parker-Hannifin (PH) at 16.62% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

ETN

Capital Goods industry group

12.18%

Max
27.47%
ETN
12.18%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%

PH

Capital Goods industry group

16.62%

Max
27.47%
PH
16.62%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%
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Eaton (ETN) vs. Parker-Hannifin (PH): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Parker-Hannifin (PH) at 21.90% operates in the top operating margin quartile, ahead of Eaton (ETN) at 17.85%, which runs around its industry’s norm.

ETN

Capital Goods industry group

17.85%

Max
36.60%
Q3
18.33%
ETN
17.85%
Median
11.12%
Q1
5.14%
Min
-12.63%

PH

Capital Goods industry group

21.90%

Max
36.60%
PH
21.90%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%
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Eaton (ETN) vs. Parker-Hannifin (PH): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Eaton (ETN) and Parker-Hannifin (PH)
MetricETNPH
ROE (TTM)19.55%24.95%
ROA (TTM)7.22%8.56%
Net Margin (TTM)12.18%16.62%
Operating Margin (TTM)17.85%21.90%
Gross Margin (TTM)35.16%37.70%

Growth

Revenue Growth

Both Eaton (ETN) at 10.33% and Parker-Hannifin (PH) at 8.31% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Eaton (ETN) vs. Parker-Hannifin (PH): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Eaton (ETN) at 10.00% and Parker-Hannifin (PH) at 5.01% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Eaton (ETN) vs. Parker-Hannifin (PH): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Eaton (ETN) and Parker-Hannifin (PH)
MetricETNPH
Revenue Growth (YoY)10.33%8.31%
Revenue Growth (3Y CAGR)9.77%4.09%
EPS Growth (YoY)10.00%5.01%
EPS Growth (3Y CAGR)19.39%21.09%

Financial Strength

Current Ratio (MRQ)

Both Eaton (ETN) at 1.23 and Parker-Hannifin (PH) at 0.94 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

ETN

Capital Goods industry group

1.23

Max
5.22
Q3
2.95
Median
2.08
Q1
1.43
ETN
1.23
Min
0.36

PH

Capital Goods industry group

0.94

Max
5.22
Q3
2.95
Median
2.08
Q1
1.43
PH
0.94
Min
0.36
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Eaton (ETN) vs. Parker-Hannifin (PH): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Eaton (ETN) at 1.00 and Parker-Hannifin (PH) at 1.09 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

ETN

Capital Goods industry group

1.00

Max
2.33
Q3
1.12
ETN
1.00
Median
0.60
Q1
0.29
Min
0.00

PH

Capital Goods industry group

1.09

Max
2.33
Q3
1.12
PH
1.09
Median
0.60
Q1
0.29
Min
0.00
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Eaton (ETN) vs. Parker-Hannifin (PH): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Eaton (ETN) and Parker-Hannifin (PH)
MetricETNPH
Current Ratio (MRQ)1.230.94
Debt / Equity (MRQ)1.001.09
Net Debt / EBITDA2.852.81

Dividends

Dividend Yield (TTM)

Eaton (ETN) at 1.33% delivers top-quartile income for its industry, while Parker-Hannifin (PH) at 0.85% pays a more typical yield — both are credible income propositions, ETN the richer one.

ETN

Capital Goods industry group

1.33%

Max
2.66%
ETN
1.33%
Q3
1.14%
Median
0.24%
Q1
0.00%
Min
0.00%

PH

Capital Goods industry group

0.85%

Max
2.66%
Q3
1.14%
PH
0.85%
Median
0.24%
Q1
0.00%
Min
0.00%
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Eaton (ETN) vs. Parker-Hannifin (PH): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Parker-Hannifin (PH) at 26.11% pays out a band-typical share of earnings, while Eaton (ETN) at 43.36% distributes more than its industry norm — less retained, thinner cover.

ETN

Capital Goods industry group

43.36%

Max
67.39%
ETN
43.36%
Q3
28.02%
Median
6.86%
Q1
0.00%
Min
0.00%

PH

Capital Goods industry group

26.11%

Max
67.39%
Q3
28.02%
PH
26.11%
Median
6.86%
Q1
0.00%
Min
0.00%
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Eaton (ETN) vs. Parker-Hannifin (PH): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Eaton (ETN) and Parker-Hannifin (PH)
MetricETNPH
Dividend Yield (TTM)1.33%0.85%
Dividend Payout Ratio (TTM)43.36%26.11%

Valuation

P/E Ratio (TTM)

Both Eaton (ETN) at 34.14 and Parker-Hannifin (PH) at 31.53 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

ETN

Capital Goods industry group

34.14

Max
59.38
Q3
35.92
ETN
34.14
Median
25.41
Q1
19.47
Min
3.03

PH

Capital Goods industry group

31.53

Max
59.38
Q3
35.92
PH
31.53
Median
25.41
Q1
19.47
Min
3.03
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Eaton (ETN) vs. Parker-Hannifin (PH): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Both Eaton (ETN) at 4.15 and Parker-Hannifin (PH) at 5.16 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

ETN

Capital Goods industry group

4.15

Max
7.54
ETN
4.15
Q3
3.76
Median
2.15
Q1
1.03
Min
0.03

PH

Capital Goods industry group

5.16

Max
7.54
PH
5.16
Q3
3.76
Median
2.15
Q1
1.03
Min
0.03
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Eaton (ETN) vs. Parker-Hannifin (PH): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Both Eaton (ETN) at 6.33 and Parker-Hannifin (PH) at 7.25 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

ETN

Capital Goods industry group

6.33

Max
9.66
ETN
6.33
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08

PH

Capital Goods industry group

7.25

Max
9.66
PH
7.25
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08
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Eaton (ETN) vs. Parker-Hannifin (PH): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Eaton (ETN) and Parker-Hannifin (PH)
MetricETNPH
P/E Ratio (TTM)34.1431.53
P/S Ratio (TTM)4.155.16
P/B Ratio (MRQ)6.337.25
Free Cash Flow Yield (TTM)2.29%2.45%