PH vs. WTS: Parker-Hannifin vs. Watts Water Stock Comparison
How do Parker-Hannifin (PH) and Watts Water (WTS) 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
Parker-Hannifin (PH) and Watts Water (WTS) are both classified in the Industrial Machinery & Supplies & Components sub-industry within the broader Machinery industry, placing them in the closest GICS peer bucket.
| Profile Item | PH | WTS |
|---|---|---|
| Name | Parker-Hannifin Corporation | Watts Water Technologies, Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Machinery |
| GICS Sub-Industry | Industrial Machinery & Supplies & Components | Industrial Machinery & Supplies & Components |
| Market Capitalization | 115.73 billion USD | 11.55 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | August 21, 1986 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | PH | WTS |
|---|---|---|
| Total Return (1Y) | 14.13% | 33.85% |
| Total Return (3Y, Annualized) | 33.71% | 25.59% |
| Total Return (5Y, Annualized) | 25.35% | 12.56% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | PH | WTS |
|---|---|---|
| Volatility (1Y, Annualized) | 27.33% | 27.38% |
| Beta (5Y) | 1.12 | 1.11 |
| Max Drawdown (5Y) | -28.64% | -44.08% |
| Avg. Volume (3M) | 627.57K | 225.08K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | PH | WTS |
|---|---|---|
| Sharpe Ratio (1Y) | 0.36 | 1.08 |
| Sortino Ratio (1Y) | 0.53 | 1.78 |
Profitability
ROE (TTM)
Both Parker-Hannifin (PH) at 24.95% and Watts Water (WTS) at 20.91% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
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%
WTS
Capital Goods industry group
20.91%
- Max
- 40.55%
- WTS
- 20.91%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
For every dollar of sales, both Parker-Hannifin (PH) at 16.62% and Watts Water (WTS) at 16.00% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
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%
WTS
Capital Goods industry group
16.00%
- Max
- 27.47%
- WTS
- 16.00%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both Parker-Hannifin (PH) at 21.90% and Watts Water (WTS) at 20.85% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
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%
WTS
Capital Goods industry group
20.85%
- Max
- 36.60%
- WTS
- 20.85%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | PH | WTS |
|---|---|---|
| ROE (TTM) | 24.95% | 20.91% |
| ROA (TTM) | 8.56% | 12.05% |
| Net Margin (TTM) | 16.62% | 16.00% |
| Operating Margin (TTM) | 21.90% | 20.85% |
| Gross Margin (TTM) | 37.70% | 49.09% |
Growth
Revenue Growth
Both Parker-Hannifin (PH) at 8.31% and Watts Water (WTS) at 8.27% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Parker-Hannifin (PH) at 5.01% and Watts Water (WTS) at 17.03% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | PH | WTS |
|---|---|---|
| Revenue Growth (YoY) | 8.31% | 8.27% |
| Revenue Growth (3Y CAGR) | 4.09% | 7.20% |
| EPS Growth (YoY) | 5.01% | 17.03% |
| EPS Growth (3Y CAGR) | 21.09% | 10.78% |
Financial Strength
Current Ratio (MRQ)
Watts Water (WTS) at 2.80 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.
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
WTS
Capital Goods industry group
2.80
- Max
- 5.22
- Q3
- 2.95
- WTS
- 2.80
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Watts Water (WTS) at 0.08 keeps leverage in the lower industry quartile, while Parker-Hannifin (PH) at 1.09 runs a more typical debt-to-equity mix.
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
WTS
Capital Goods industry group
0.08
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- WTS
- 0.08
- Min
- 0.00
Financial Strength Metrics
| Metric | PH | WTS |
|---|---|---|
| Current Ratio (MRQ) | 0.94 | 2.80 |
| Debt / Equity (MRQ) | 1.09 | 0.08 |
| Net Debt / EBITDA | 2.81 | -0.40 |
Dividends
Dividend Yield (TTM)
Both Parker-Hannifin (PH) at 0.85% and Watts Water (WTS) at 0.66% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
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%
WTS
Capital Goods industry group
0.66%
- Max
- 2.66%
- Q3
- 1.14%
- WTS
- 0.66%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Parker-Hannifin (PH) at 26.11% and Watts Water (WTS) at 17.24% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
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%
WTS
Capital Goods industry group
17.24%
- Max
- 67.39%
- Q3
- 28.02%
- WTS
- 17.24%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | PH | WTS |
|---|---|---|
| Dividend Yield (TTM) | 0.85% | 0.66% |
| Dividend Payout Ratio (TTM) | 26.11% | 17.24% |
Valuation
P/E Ratio (TTM)
Both Parker-Hannifin (PH) at 31.53 and Watts Water (WTS) at 25.95 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
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
WTS
Capital Goods industry group
25.95
- Max
- 59.38
- Q3
- 35.92
- WTS
- 25.95
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Both Parker-Hannifin (PH) at 5.16 and Watts Water (WTS) at 4.14 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
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
WTS
Capital Goods industry group
4.14
- Max
- 7.54
- WTS
- 4.14
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Watts Water (WTS) at 4.98 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.
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
WTS
Capital Goods industry group
4.98
- Max
- 9.66
- Q3
- 5.00
- WTS
- 4.98
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | PH | WTS |
|---|---|---|
| P/E Ratio (TTM) | 31.53 | 25.95 |
| P/S Ratio (TTM) | 5.16 | 4.14 |
| P/B Ratio (MRQ) | 7.25 | 4.98 |
| Free Cash Flow Yield (TTM) | 2.45% | 2.21% |