Honeywell International Inc. (HON) vs Parker-Hannifin Corporation (PH)

PH leads on 11 of 16 compared metrics, though HON is the cheaper stock.

A side-by-side comparison of Honeywell International Inc. and Parker-Hannifin Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — HON vs PH

growth of $100 · last 30y
HON +715.7%PH +4872.4%PH compounded faster
Log scale — wide-divergence pair
101001k10kStart $100200120062011201620212026$816$4,972
HON PH

HON vs PH: by the numbers

  • HON is the larger company ($139.60B vs $113.92B market cap).
  • HON trades at the lower earnings multiple (31.21 vs 33.34 P/E).
  • PH converts more revenue to profit (16.58% vs 11.16% net margin).
  • PH grew revenue faster over the past five years (9.15% vs 2.42% CAGR).
  • HON pays the higher dividend yield (2.13% vs 0.82%).

Which is better, HON or PH?

Metric tally: HON 5 · PH 11

It depends on what you're optimizing for:

ValueHON(lower P/E)
GrowthPH(faster 5Y revenue CAGR)
IncomeHON(higher dividend yield)
QualityPH(higher ROIC)

Valuation

MetricHONPH
P/E ratio31.2133.34
Forward P/E19.2226.53
P/S ratio3.835.51
P/B ratio6.607.92
PEG ratio17.931.04
EV / EBITDA23.9522.16
FCF yield2.92%3.18%

Profitability

MetricHONPH
Gross margin36.95%37.23%
Operating margin14.87%20.87%
Net margin11.16%16.58%
ROE19.24%23.82%
ROIC9.22%13.69%

Dividends

MetricHONPH
Dividend yield2.13%0.82%
Payout ratio63.51%26.89%

Growth (annualized)

MetricHONPH
Revenue CAGR (5Y)2.42%9.15%
EPS CAGR (5Y)1.74%24.00%
FCF CAGR (5Y)-4.80%8.25%
Total return CAGR (5Y)1.55%26.11%

Frequently asked

Which is better, HON or PH?
It depends on your goal. value: HON (lower P/E); growth: PH (faster 5Y revenue CAGR); income: HON (higher dividend yield); quality: PH (higher ROIC). Across all compared metrics, PH leads 11 to 5.
Is HON or PH cheaper?
On trailing earnings, HON is cheaper: HON trades at a 31.21 P/E and PH at 33.34.
Which has grown faster, HON or PH?
Over the past five years, PH grew revenue faster — HON at a 2.42% CAGR versus PH at 9.15%.
Does HON or PH pay a bigger dividend?
HON yields 2.13% and PH yields 0.82% based on trailing dividends and the latest price.
Is HON or PH more profitable?
PH runs the higher net margin — HON at 11.16% versus PH at 16.58%.
Which has been the better investment, HON or PH?
Over the past 10-year, PH delivered the higher annualized total return — HON at 9.42% versus PH at 25.01%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 14, 2026.