HON vs. PH: Honeywell vs. Parker-Hannifin Stock Comparison

November 11, 2026

How do Honeywell (HON) 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

Honeywell (HON) and Parker-Hannifin (PH) both fall under the Capital Goods industry group, but HON is classified in Industrial Conglomerates while PH is classified in Machinery.

Company profile comparison for Honeywell (HON) and Parker-Hannifin (PH)
Profile Item	HON	PH
Name	Honeywell International Inc.	Parker-Hannifin Corporation
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Industrial Conglomerates	Machinery
GICS Sub-Industry	Industrial Conglomerates	Industrial Machinery & Supplies & Components
Market Capitalization	69.74 billion USD	115.73 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	January 2, 1962	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

HON

GSPC

Honeywell (HON) 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 Honeywell (HON) and Parker-Hannifin (PH). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Honeywell (HON) and Parker-Hannifin (PH)
Metric	HON	PH
Total Return (1Y)	14.14%	14.13%
Total Return (3Y, Annualized)	9.90%	33.71%
Total Return (5Y, Annualized)	2.32%	25.35%

Risk Profile

Drawdown History

HON

GSPC

Honeywell (HON) 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 Honeywell (HON) and Parker-Hannifin (PH). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Honeywell (HON) and Parker-Hannifin (PH)
Metric	HON	PH
Volatility (1Y, Annualized)	27.11%	27.33%
Beta (5Y)	0.80	1.12
Max Drawdown (5Y)	-25.21%	-28.64%
Avg. Volume (3M)	2.82M	627.57K

Risk-Adjusted Performance

Risk-Return Positioning

HON 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 Honeywell (HON) and Parker-Hannifin (PH)
Metric	HON	PH
Sharpe Ratio (1Y)	0.36	0.36
Sortino Ratio (1Y)	0.52	0.53

Profitability

ROE (TTM)

Both companies show strong equity returns, but Honeywell (HON) at 44.39% is the standout with ROE above its industry range; Parker-Hannifin (PH) at 24.95% also sits in the top quartile.

HON

Capital Goods industry group

44.39%

HON: 44.39%
Max: 40.55%
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%

Honeywell (HON) 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 Honeywell (HON) at 18.68% 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.

HON

Capital Goods industry group

18.68%

Max: 27.47%
HON: 18.68%
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%

Honeywell (HON) 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 Honeywell (HON) at 16.92%, which runs around its industry’s norm.

HON

Capital Goods industry group

16.92%

Max: 36.60%
Q3: 18.33%
HON: 16.92%
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%

Honeywell (HON) vs. Parker-Hannifin (PH): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Honeywell (HON) and Parker-Hannifin (PH)
Metric	HON	PH
ROE (TTM)	44.39%	24.95%
ROA (TTM)	7.13%	8.56%
Net Margin (TTM)	18.68%	16.62%
Operating Margin (TTM)	16.92%	21.90%
Gross Margin (TTM)	37.21%	37.70%

Growth

Revenue Growth

Both Honeywell (HON) at 7.85% 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.

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

EPS Growth

Both Honeywell (HON) at -8.27% 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.

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

Growth Metrics

Growth metrics for Honeywell (HON) and Parker-Hannifin (PH)
Metric	HON	PH
Revenue Growth (YoY)	7.85%	8.31%
Revenue Growth (3Y CAGR)	1.82%	4.09%
EPS Growth (YoY)	-8.27%	5.01%
EPS Growth (3Y CAGR)	3.20%	21.09%

Financial Strength

Current Ratio (MRQ)

Both Honeywell (HON) at 0.96 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.

HON

Capital Goods industry group

0.96

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
HON: 0.96
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

Honeywell (HON) vs. Parker-Hannifin (PH): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Honeywell (HON) at 0.76 and Parker-Hannifin (PH) at 1.09 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

HON

Capital Goods industry group

0.76

Max: 2.33
Q3: 1.12
HON: 0.76
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

Honeywell (HON) 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 Honeywell (HON) and Parker-Hannifin (PH)
Metric	HON	PH
Current Ratio (MRQ)	0.96	0.94
Debt / Equity (MRQ)	0.76	1.09
Net Debt / EBITDA	1.23	2.81

Dividends

Dividend Yield (TTM)

Parker-Hannifin (PH) at 0.85% pays an industry-typical yield; Honeywell (HON) at 3.63% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

HON

Capital Goods industry group

3.63%

HON: 3.63%
Max: 2.66%
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%

Honeywell (HON) 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 Honeywell (HON) at 38.87% distributes more than its industry norm — less retained, thinner cover.

HON

Capital Goods industry group

38.87%

Max: 67.39%
HON: 38.87%
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%

Honeywell (HON) vs. Parker-Hannifin (PH): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Honeywell (HON) and Parker-Hannifin (PH)
Metric	HON	PH
Dividend Yield (TTM)	3.63%	0.85%
Dividend Payout Ratio (TTM)	38.87%	26.11%

Valuation

P/E Ratio (TTM)

Honeywell (HON) at 10.91 sits in the cheaper P/E ratio quartile, while Parker-Hannifin (PH) at 31.53 is closer to its industry’s usual earnings multiple — a discount for HON, though growth and earnings durability still matter.

HON

Capital Goods industry group

10.91

Max: 59.38
Q3: 35.92
Median: 25.41
Q1: 19.47
HON: 10.91
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

Honeywell (HON) vs. Parker-Hannifin (PH): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Honeywell (HON) at 1.85 is priced about in line with its industry on P/S ratio, while Parker-Hannifin (PH) at 5.16 sits in the pricier quartile — PH costs more per dollar of sales.

HON

Capital Goods industry group

1.85

Max: 7.54
Q3: 3.76
Median: 2.15
HON: 1.85
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

Honeywell (HON) vs. Parker-Hannifin (PH): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Honeywell (HON) at 3.12 is valued about in line with its industry on P/B ratio, while Parker-Hannifin (PH) at 7.25 carries an above-peer premium to book — PH is pricier on assets.

HON

Capital Goods industry group

3.12

Max: 9.66
Q3: 5.00
HON: 3.12
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

Honeywell (HON) vs. Parker-Hannifin (PH): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Honeywell (HON) and Parker-Hannifin (PH)
Metric	HON	PH
P/E Ratio (TTM)	10.91	31.53
P/S Ratio (TTM)	1.85	5.16
P/B Ratio (MRQ)	3.12	7.25
Free Cash Flow Yield (TTM)	10.07%	2.45%