PH vs. WWD: Parker-Hannifin vs. Woodward Stock Comparison

November 11, 2026

How do Parker-Hannifin (PH) and Woodward (WWD) 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 Woodward (WWD) both fall under the Capital Goods industry group, but PH is classified in Machinery while WWD is classified in Aerospace & Defense.

Company profile comparison for Parker-Hannifin (PH) and Woodward (WWD)
Profile Item	PH	WWD
Name	Parker-Hannifin Corporation	Woodward, Inc.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Machinery	Aerospace & Defense
GICS Sub-Industry	Industrial Machinery & Supplies & Components	Aerospace & Defense
Market Capitalization	115.73 billion USD	18.74 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	March 17, 1980	April 4, 1994
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

WWD

GSPC

Parker-Hannifin (PH) vs. Woodward (WWD), 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 Parker-Hannifin (PH) and Woodward (WWD). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Parker-Hannifin (PH) and Woodward (WWD)
Metric	PH	WWD
Total Return (1Y)	14.13%	25.66%
Total Return (3Y, Annualized)	33.71%	36.83%
Total Return (5Y, Annualized)	25.35%	23.54%

Risk Profile

Drawdown History

WWD

GSPC

Parker-Hannifin (PH) vs. Woodward (WWD), 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 Parker-Hannifin (PH) and Woodward (WWD). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Parker-Hannifin (PH) and Woodward (WWD)
Metric	PH	WWD
Volatility (1Y, Annualized)	27.33%	40.29%
Beta (5Y)	1.12	0.87
Max Drawdown (5Y)	-28.64%	-37.25%
Avg. Volume (3M)	627.57K	665.85K

Risk-Adjusted Performance

Risk-Return Positioning

PH and WWD 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 Parker-Hannifin (PH) and Woodward (WWD)
Metric	PH	WWD
Sharpe Ratio (1Y)	0.36	0.53
Sortino Ratio (1Y)	0.53	0.85

Profitability

ROE (TTM)

Both Parker-Hannifin (PH) at 24.95% and Woodward (WWD) at 22.34% 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%

WWD

Capital Goods industry group

22.34%

Max: 40.55%
WWD: 22.34%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Parker-Hannifin (PH) vs. Woodward (WWD): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Parker-Hannifin (PH) at 16.62% and Woodward (WWD) at 13.17% 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%

WWD

Capital Goods industry group

13.17%

Max: 27.47%
WWD: 13.17%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Parker-Hannifin (PH) vs. Woodward (WWD): 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 Woodward (WWD) at 17.76%, which runs around its industry’s norm.

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%

WWD

Capital Goods industry group

17.76%

Max: 36.60%
Q3: 18.33%
WWD: 17.76%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for Parker-Hannifin (PH) and Woodward (WWD)
Metric	PH	WWD
ROE (TTM)	24.95%	22.34%
ROA (TTM)	8.56%	8.62%
Net Margin (TTM)	16.62%	13.17%
Operating Margin (TTM)	21.90%	17.76%
Gross Margin (TTM)	37.70%	29.63%

Growth

Revenue Growth

Both Parker-Hannifin (PH) at 8.31% and Woodward (WWD) at 7.30% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Both Parker-Hannifin (PH) at 5.01% and Woodward (WWD) at 19.63% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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

Growth Metrics

Growth metrics for Parker-Hannifin (PH) and Woodward (WWD)
Metric	PH	WWD
Revenue Growth (YoY)	8.31%	7.30%
Revenue Growth (3Y CAGR)	4.09%	14.40%
EPS Growth (YoY)	5.01%	19.63%
EPS Growth (3Y CAGR)	21.09%	38.44%

Financial Strength

Current Ratio (MRQ)

Woodward (WWD) at 1.65 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

WWD

Capital Goods industry group

1.65

Max: 5.22
Q3: 2.95
Median: 2.08
WWD: 1.65
Q1: 1.43
Min: 0.36

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

Debt / Equity (MRQ)

Both Parker-Hannifin (PH) at 1.09 and Woodward (WWD) at 0.56 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

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

WWD

Capital Goods industry group

0.56

Max: 2.33
Q3: 1.12
Median: 0.60
WWD: 0.56
Q1: 0.29
Min: 0.00

Parker-Hannifin (PH) vs. Woodward (WWD): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Parker-Hannifin (PH) and Woodward (WWD)
Metric	PH	WWD
Current Ratio (MRQ)	0.94	1.65
Debt / Equity (MRQ)	1.09	0.56
Net Debt / EBITDA	2.81	1.13

Dividends

Dividend Yield (TTM)

Both Parker-Hannifin (PH) at 0.85% and Woodward (WWD) at 0.32% 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%

WWD

Capital Goods industry group

0.32%

Max: 2.66%
Q3: 1.14%
WWD: 0.32%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

Parker-Hannifin (PH) vs. Woodward (WWD): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Both Parker-Hannifin (PH) at 26.11% and Woodward (WWD) at 13.35% 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%

WWD

Capital Goods industry group

13.35%

Max: 67.39%
Q3: 28.02%
WWD: 13.35%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Parker-Hannifin (PH) and Woodward (WWD)
Metric	PH	WWD
Dividend Yield (TTM)	0.85%	0.32%
Dividend Payout Ratio (TTM)	26.11%	13.35%

Valuation

P/E Ratio (TTM)

Both Parker-Hannifin (PH) at 31.53 and Woodward (WWD) at 35.30 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

WWD

Capital Goods industry group

35.30

Max: 59.38
Q3: 35.92
WWD: 35.30
Median: 25.41
Q1: 19.47
Min: 3.03

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

P/S Ratio (TTM)

Both Parker-Hannifin (PH) at 5.16 and Woodward (WWD) at 4.47 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

WWD

Capital Goods industry group

4.47

Max: 7.54
WWD: 4.47
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

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

P/B Ratio (MRQ)

Both Parker-Hannifin (PH) at 7.25 and Woodward (WWD) at 7.60 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

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

WWD

Capital Goods industry group

7.60

Max: 9.66
WWD: 7.60
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

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

Valuation Metrics

Valuation metrics for Parker-Hannifin (PH) and Woodward (WWD)
Metric	PH	WWD
P/E Ratio (TTM)	31.53	35.30
P/S Ratio (TTM)	5.16	4.47
P/B Ratio (MRQ)	7.25	7.60
Free Cash Flow Yield (TTM)	2.45%	1.00%