Parker-Hannifin (PH) vs Watts Water Technologies (WTS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Parker-Hannifin (PH) has outperformed Watts Water Technologies (WTS) over the past year, gaining 26.9% versus a gain of 25.3%. Over five years, PH leads with a +219.8% price change compared with +96.7% for WTS. Parker-Hannifin is the larger company by market cap ($120.16 billion vs $11.63 billion), about 10.3 times the size.
On valuation, Parker-Hannifin trades at a lower forward P/E (24.2x vs 24.8x for Watts Water Technologies). Parker-Hannifin offers the higher dividend yield (0.78% vs 0.63%). Parker-Hannifin converts more of its revenue into profit, with a net margin of 17.0% versus 14.0%.
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 | PH | WTS |
|---|---|---|
| Share price | $952.79 | $348.26 |
| Market cap | $120.16B | $11.63B |
| 1-day change | -3.26% | -3.92% |
| YTD return | +8.40% | +26.17% |
| 1-year return | +26.92% | +25.26% |
| 5-year return | +219.78% | +96.70% |
| P/E ratio (TTM) | 34.58 | 31.66 |
| Forward P/E | 24.16 | 24.81 |
| EPS (TTM) | $27.55 | $11.00 |
| Dividend yield | 0.78% | 0.63% |
| Annual dividend | $7.40 | $2.19 |
| Revenue (latest FY) | $21.50B | $2.44B |
| Revenue growth (YoY) | +8.31% | +8.27% |
| Net income (latest FY) | $3.65B | $340.80M |
| Gross margin | 37.69% | 49.46% |
| Operating margin | 23.57% | 18.38% |
| Net margin | 16.97% | 13.98% |
| 52-week high | $1,099.94 | $394.54 |
| 52-week low | $715.37 | $260.00 |
| Distance from 52-week high | -13.38% | -11.73% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +21.25% | +16.01% |
| Average volume | 601.46K | 196.95K |
| Shares outstanding | 126.11M | 27.47M |
| Employees | 59,850 | 5,700 |
| Sector | Industrials | Industrials |
| Industry | Metal Fabrications | 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
- Parker-Hannifin is about 10.3 times larger than Watts Water Technologies by market value ($120.16B vs $11.63B).
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
About Watts Water Technologies
WTS stock →Watts Water Technologies, Inc., together with its subsidiaries, supplies products and solutions that manage and conserve the flow of fluids and energy into, through, and out of buildings in the commercial, industrial, and residential markets. The company offers residential and commercial flow control and protection products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, thermostatic mixing valves, leak detection and protection products, commercial washroom solutions, hydration solutions, and emergency safety products and equipment for plumbing and hot water applications.
Industrials · Metal Fabrications · 5,700 employees
PH vs WTS FAQ
Which is bigger, Parker-Hannifin or Watts Water Technologies?
Parker-Hannifin (PH) is larger, with a market capitalization of $120.16B compared with $11.63B for Watts Water Technologies (WTS).
Which stock has performed better over the past year, PH or WTS?
PH returned +26.92% over the past 12 months, compared with +25.26% for WTS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, PH or WTS?
WTS has the lower trailing P/E at 31.7, versus 34.6 for PH. 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, Parker-Hannifin or Watts Water Technologies?
Parker-Hannifin has the higher yield at 0.78%, compared with 0.63% for Watts Water Technologies.
Are Parker-Hannifin and Watts Water Technologies in the same industry?
Yes. Both are classified in the Metal Fabrications industry within the Industrials sector.