Eaton (ETN) vs Parker-Hannifin (PH)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Parker-Hannifin (PH) has outperformed Eaton (ETN) over the past year, gaining 26.9% versus a gain of 16.3%. Over five years, PH leads with a +219.8% price change compared with +167.2% for ETN. Eaton is the larger company by market cap ($167.53 billion vs $120.16 billion), about 1.4 times the size.
On valuation, Parker-Hannifin trades at a lower forward P/E (24.2x vs 26.5x for Eaton). Eaton offers the higher dividend yield (0.99% vs 0.78%). Parker-Hannifin converts more of its revenue into profit, with a net margin of 17.0% versus 14.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ETN | PH |
|---|---|---|
| Share price | $431.33 | $952.79 |
| Market cap | $167.53B | $120.16B |
| 1-day change | -3.09% | -3.26% |
| YTD return | +35.42% | +8.40% |
| 1-year return | +16.28% | +26.92% |
| 5-year return | +167.16% | +219.78% |
| P/E ratio (TTM) | 43.88 | 33.45 |
| Forward P/E | 26.55 | 24.16 |
| EPS (TTM) | $9.83 | $28.48 |
| Dividend yield | 0.99% | 0.78% |
| Annual dividend | $4.28 | $7.40 |
| Revenue (latest FY) | $27.45B | $21.50B |
| Revenue growth (YoY) | +10.33% | +8.31% |
| Net income (latest FY) | $4.09B | $3.65B |
| Gross margin | 37.59% | 37.69% |
| Operating margin | — | 23.57% |
| Net margin | 14.89% | 16.97% |
| 52-week high | $478.00 | $1,099.94 |
| 52-week low | $311.92 | $715.37 |
| Distance from 52-week high | -9.76% | -13.38% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +11.64% | +21.25% |
| Average volume | 2.08M | 602.72K |
| Shares outstanding | 388.40M | 126.11M |
| Employees | 97,303 | 59,850 |
| Sector | Technology | Industrials |
| Industry | Industrial Machinery/Components | Metal Fabrications |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- PH has outperformed ETN by 10.6 percentage points over the past year.
- Eaton trades at a higher earnings multiple (43.9x vs 33.5x trailing P/E).
- The two companies sit in different sectors: Eaton in Technology and Parker-Hannifin in Industrials.
About Eaton
ETN stock →Eaton Corporation plc operates as a power management company in the United States, Canada, Latin America, Europe, and the Asia Pacific. It operates through Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility segments.
Technology · Industrial Machinery/Components · 97,303 employees
About Parker-Hannifin
PH stock →Parker-Hannifin Corporation engages in the manufacture and sale of motion and control technologies and systems for aerospace and defense, in-plant and industrial equipment, transportation, off-highway, energy, and HVAC and refrigeration markets in North America, EMEA, Asia Pacific, and Latin America. It operates through two segments: Diversified Industrial and Aerospace Systems.
Industrials · Metal Fabrications · 59,850 employees
ETN vs PH FAQ
Which is bigger, Eaton or Parker-Hannifin?
Eaton (ETN) is larger, with a market capitalization of $167.53B compared with $120.16B for Parker-Hannifin (PH).
Which stock has performed better over the past year, ETN or PH?
PH returned +26.92% over the past 12 months, compared with +16.28% for ETN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ETN or PH?
PH has the lower trailing P/E at 33.5, versus 43.9 for ETN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Eaton or Parker-Hannifin?
Eaton has the higher yield at 0.99%, compared with 0.78% for Parker-Hannifin.
Are Eaton and Parker-Hannifin in the same industry?
No. Eaton is in the Technology sector, while Parker-Hannifin is in Industrials.