ITW vs PH
Illinois Tool Works (ITW) and Parker Hannifin (PH) compared side by side. Parker Hannifin (PH) is larger, with a market cap of $111.1B versus $78.5B for Illinois Tool Works, about 1.4 times the size. On trailing earnings, ITW is cheaper at 25.0x versus 30.9x for PH.
Head to head
| Metric | ITW | PH |
|---|---|---|
| Market cap | $78.5B | $111.1B |
| P/E (TTM) | 25.0x | 30.9x |
| Forward P/E | 22.3x | 22.2x |
| Revenue (TTM) | $16.5B | $21.5B |
| Revenue growth | 6.1% | 9.8% |
| Gross margin | 44.2% | 37.5% |
| Operating margin | 26.9% | 23.5% |
| Free cash flow | $2.9B | $3.9B |
| Dividend yield | 2.50% | 0.91% |
| 1-year return | +9.9% | +15.9% |
| 5-year return (annual) | +6.7% | +25.7% |
| Max drawdown | -57% | -67% |
| FI Handbook grade | B- | C+ |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
ITW vs PH FAQ
Which is bigger, ITW or PH?
Parker Hannifin (PH) is larger, with a market cap of $111.1B versus $78.5B for Illinois Tool Works, about 1.4 times the size.
Is ITW or PH cheaper?
On trailing earnings, ITW is cheaper at 25.0x versus 30.9x for PH. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, ITW or PH?
PH returned +15.9% over the past year including dividends, versus +9.9% for ITW, through October 23, 2026.
Which pays a higher dividend, ITW or PH?
ITW yields 2.50% versus 0.91% for PH.
Full pages: Illinois Tool Works · Parker Hannifin