Eaton vs Parker-Hannifin (ETN vs PH)
Eaton (ETN) vs Parker-Hannifin (PH) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
Eaton (ETN) and Parker-Hannifin (PH) compete in industrials. Here are Eaton and Parker-Hannifin side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Eaton or Parker-Hannifin.
Eaton vs Parker-Hannifin: the figures
| Figure | Eaton | Parker-Hannifin |
|---|---|---|
| Share price | $353.08 (November 4, 2026) | $910.19 (November 4, 2026) |
| Market cap | $137.2 billion | $114.8 billion |
| P/E (TTM) | 35.3x | 32.0x |
| Forward P/E | 21.6x | 22.9x |
| Revenue growth (quarter) | +28.0% | +9.8% |
| Net margin (TTM) | 12.2% | 17.0% |
| Net debt / EBITDA | 2.8x | 1.5x |
| Dividend yield | 1.12% | 0.85% |
| Beta | 1.14 | 1.15 |
Eaton and Parker-Hannifin figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Eaton or Parker-Hannifin figure is not available, and we never estimate it.
3 key differences between Eaton and Parker-Hannifin
- Growth: Eaton grew sales +28.0% year on year in its latest quarter, against +9.8% for Parker-Hannifin.
- Debt: Eaton owes 2.8x its annual operating profit (EBITDA), while Parker-Hannifin owes 1.5x its EBITDA.
- Profitability: for every 100 of sales, Parker-Hannifin keeps 17.0 as net profit and Eaton keeps 12.2.
Eaton or Parker-Hannifin: which fits your profile
- If you want growth: Eaton is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): Eaton pays the higher dividend relative to its price.
- If you prefer caution: Parker-Hannifin has less debt relative to its profit, which usually gives more room in a bad year.
- If price is what matters most to you: Parker-Hannifin trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither Eaton nor Parker-Hannifin wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How Eaton and Parker-Hannifin make money
Eaton (ETN)
Eaton makes power management equipment such as switchgear, circuit breakers, transformers and backup power systems for data centers, buildings and factories. Electrical Americas is its largest segment, followed by Electrical Global, Aerospace, which supplies aircraft components, and Vehicle and eMobility, which sells parts for trucks and cars. Full Eaton analysis.
Parker-Hannifin (PH)
Parker-Hannifin makes motion and control components, including hydraulics, pneumatics, filtration and seals for industrial machinery, along with aircraft parts. Diversified Industrial, split into North America and International, is the larger segment, while Aerospace Systems sells to aircraft makers and to the aftermarket that maintains planes in service. Full Parker-Hannifin analysis.
Frequently asked questions: Eaton vs Parker-Hannifin
Is Eaton or Parker-Hannifin the better stock?
Choosing between Eaton and Parker-Hannifin depends on what you are looking for. Eaton is growing faster right now, and Parker-Hannifin trades on the lower P/E. Fintols does not tell you whether to buy Eaton or Parker-Hannifin: it shows you the differences so you can decide.
Which pays a higher dividend, Eaton or Parker-Hannifin?
As of November 4, 2026, Eaton yields 1.12% and Parker-Hannifin yields 0.85%. Also check how much of their profit Eaton and Parker-Hannifin pay out: if it is more than they earn, it cannot last.
Which is more expensive, Eaton or Parker-Hannifin?
On P/E, Eaton (35.3x) is more expensive than Parker-Hannifin (32.0x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both Eaton and Parker-Hannifin?
Yes. Many people spread their money across several companies, such as Eaton and Parker-Hannifin, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Eaton or Parker-Hannifin.
More comparisons with Eaton or Parker-Hannifin
More companies like Eaton and Parker-Hannifin: industrials stocks. Educational content about Eaton and Parker-Hannifin, not investment advice.