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NXT vs. PH: Nextracker vs. Parker-Hannifin Stock Comparison

How do Nextracker (NXT) 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

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

Parker-Hannifin (PH) has more than two decades of public-market history since March 17, 1980, whereas Nextracker (NXT) listed on February 9, 2023 and has a much shorter record to draw on.

Company profile comparison for Nextracker (NXT) and Parker-Hannifin (PH)
Profile ItemNXTPH
NameNextpower Inc. Class A Common StockParker-Hannifin Corporation
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryElectrical EquipmentMachinery
GICS Sub-IndustryElectrical Components & EquipmentIndustrial Machinery & Supplies & Components
Market Capitalization16.00 billion USD115.73 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateFebruary 9, 2023March 17, 1980
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

NXT
PH
GSPC
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Nextracker (NXT) 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 Nextracker (NXT) and Parker-Hannifin (PH). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Nextracker (NXT) and Parker-Hannifin (PH)
MetricNXTPH
Total Return (1Y)0.06%14.13%
Total Return (3Y, Annualized)45.51%33.71%
Total Return (5Y, Annualized)--25.35%

Risk Profile

Drawdown History

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

Risk Metrics

Risk profile metrics for Nextracker (NXT) and Parker-Hannifin (PH)
MetricNXTPH
Volatility (1Y, Annualized)68.10%27.33%
Beta (5Y)1.661.12
Max Drawdown (5Y)-51.10%-28.64%
Avg. Volume (3M)2.38M627.57K

Risk-Adjusted Performance

Risk-Return Positioning

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NXT 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 Nextracker (NXT) and Parker-Hannifin (PH)
MetricNXTPH
Sharpe Ratio (1Y)-0.060.36
Sortino Ratio (1Y)-0.090.53

Profitability

ROE (TTM)

Both Nextracker (NXT) at 26.46% 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.

NXT

Capital Goods industry group

26.46%

Max
40.55%
NXT
26.46%
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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Nextracker (NXT) 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 Nextracker (NXT) at 15.98% 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.

NXT

Capital Goods industry group

15.98%

Max
27.47%
NXT
15.98%
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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Nextracker (NXT) vs. Parker-Hannifin (PH): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Nextracker (NXT) at 20.06% and Parker-Hannifin (PH) at 21.90% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

NXT

Capital Goods industry group

20.06%

Max
36.60%
NXT
20.06%
Q3
18.33%
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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Nextracker (NXT) vs. Parker-Hannifin (PH): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Nextracker (NXT) and Parker-Hannifin (PH)
MetricNXTPH
ROE (TTM)26.46%24.95%
ROA (TTM)10.75%8.56%
Net Margin (TTM)15.98%16.62%
Operating Margin (TTM)20.06%21.90%
Gross Margin (TTM)21.84%37.70%

Growth

Revenue Growth

Nextracker (NXT) at 20.28% sits in the top revenue growth quartile, while Parker-Hannifin (PH) at 8.31% is closer to the peer norm — faster top-line expansion for NXT.

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

EPS Growth

Both Nextracker (NXT) at 10.66% 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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Nextracker (NXT) vs. Parker-Hannifin (PH): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Nextracker (NXT) and Parker-Hannifin (PH)
MetricNXTPH
Revenue Growth (YoY)20.28%8.31%
Revenue Growth (3Y CAGR)23.23%4.09%
EPS Growth (YoY)10.66%5.01%
EPS Growth (3Y CAGR)476.90%21.09%

Financial Strength

Current Ratio (MRQ)

Nextracker (NXT) at 2.23 keeps current ratio within its industry’s typical mid-range, while Parker-Hannifin (PH) at 0.94 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for PH.

NXT

Capital Goods industry group

2.23

Max
5.22
Q3
2.95
NXT
2.23
Median
2.08
Q1
1.43
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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Nextracker (NXT) vs. Parker-Hannifin (PH): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Nextracker (NXT) at 0.02 keeps leverage in the lower industry quartile, while Parker-Hannifin (PH) at 1.09 runs a more typical debt-to-equity mix.

NXT

Capital Goods industry group

0.02

Max
2.33
Q3
1.12
Median
0.60
Q1
0.29
NXT
0.02
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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Nextracker (NXT) 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 Nextracker (NXT) and Parker-Hannifin (PH)
MetricNXTPH
Current Ratio (MRQ)2.230.94
Debt / Equity (MRQ)0.021.09
Net Debt / EBITDA-1.302.81

Dividends

Dividend Yield (TTM)

Nextracker (NXT) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Parker-Hannifin (PH) reports a yield of 0.85%, ranking against industry peers normally.

NXT

Capital Goods industry group

0.00%

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

Dividend Payout Ratio (TTM)

Nextracker (NXT) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Parker-Hannifin (PH) reports a payout of 26.11%, ranking against industry peers normally.

NXT

Capital Goods industry group

0.00%

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

Dividend Metrics

Dividend metrics for Nextracker (NXT) and Parker-Hannifin (PH)
MetricNXTPH
Dividend Yield (TTM)0.00%0.85%
Dividend Payout Ratio (TTM)0.00%26.11%

Valuation

P/E Ratio (TTM)

Both Nextracker (NXT) at 26.42 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.

NXT

Capital Goods industry group

26.42

Max
59.38
Q3
35.92
NXT
26.42
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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Nextracker (NXT) vs. Parker-Hannifin (PH): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Both Nextracker (NXT) at 4.17 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.

NXT

Capital Goods industry group

4.17

Max
7.54
NXT
4.17
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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Nextracker (NXT) vs. Parker-Hannifin (PH): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Both Nextracker (NXT) at 5.98 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.

NXT

Capital Goods industry group

5.98

Max
9.66
NXT
5.98
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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Nextracker (NXT) vs. Parker-Hannifin (PH): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Nextracker (NXT) and Parker-Hannifin (PH)
MetricNXTPH
P/E Ratio (TTM)26.4231.53
P/S Ratio (TTM)4.175.16
P/B Ratio (MRQ)5.987.25
Free Cash Flow Yield (TTM)2.32%2.45%