EMR vs LECO vs PNR Stock Comparison

Emerson Electric, Lincoln Electric Holdings and Pentair Prices as of Oct 29, 2026 Peers: Industry group
EMR Emerson Electric Co
$170.76 +8.6% 1M +25.2% 1Y
Market cap
$91.36B
P/E
35.4x
Revenue (TTM)
$18.64B
Div. yield
0.01%
Pumps and Valves Industrials
2 wins
PNR PENTAIR plc
$65.78 +23.0% 1M -38.9% 1Y
Market cap
$10.55B
P/E
17.2x
Revenue (TTM)
$3.97B
Div. yield
0.02%
Pumps and Valves Industrials
5 wins

Head to Head

12 decided of 12

Pentair leads on 5 of the 12 questions below (Pentair 5, Lincoln Electric Holdings 5, Emerson Electric 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEMRLECOPNRLeader
Larger companyMarket capitalisation $91.36B $15.01B $10.55B EMR
Cheaper on earningsLower P/E, profitable companies only 35.4x 26.1x 17.2x PNR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 25.3x 24.5x 14.5x PNR
Faster revenue growthRevenue growth, trailing twelve months +4.8% +11.1% -3.9% LECO
More profitableNet margin, trailing twelve months 13.8% 12.4% 15.4% PNR
Better return on capitalReturn on invested capital 10.9% 22.6% 12.5% LECO
Less leveragedLower net debt / EBITDA 1.8x 1.0x 1.6x LECO
Higher dividend yieldTrailing dividend yield 0.01% 0.01% 0.02% PNR
Better 1-year returnPrice return, last 12 months +25.2% +21.3% -38.9% EMR
Better 5-year returnAnnualised price return, 5 years +12.0%/yr +14.8%/yr -2.3%/yr LECO
Less volatileAnnualised volatility, 1 year 31.8% 30.8% 36.3% LECO
Higher overall scoreMean of the five percentile scores vs peers 45/100 56/100 62/100 PNR

Percentile Scorecard

EMRLECOPNR

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEMRLECOPNR
Valuation 33 #136 of 203 36 #131 of 203 71 #59 of 203
Growth 41 #112 of 188 46 #103 of 188 32 #128 of 188
Profitability 87 #24 of 183 95 #11 of 183 82 #33 of 183
Financial Health 30 #152 of 216 45 #120 of 216 46 #118 of 216
Shareholder Returns 35 #99 of 152 59 #63 of 152 79 #33 of 152
Overall 45 56 62
  • EMR ranked among 222 companies in Machinery
  • LECO ranked among 222 companies in Machinery
  • PNR ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEMRLECOPNRSPY
1 month +8.6%+5.0%+23.0% +0.7%
3 months +14.9%+13.6%-0.6% +3.7%
6 months +21.6%+7.3%-18.5% +7.1%
Year to date +28.7%+18.7%-36.8% +12.8%
1 year +25.2%+21.3%-38.9% +11.9%
3 years +93.1%+62.9%+12.0% +85.2%
3 years, per year +24.5%+17.7%+3.9% +22.8%
5 years +76.0%+99.7%-11.1% +67.6%
5 years, per year +12.0%+14.8%-2.3% +10.9%
10 years +240.9%+334.1%+19.3% +262.0%
10 years, per year +13.1%+15.8%+1.8% +13.7%

Risk

MeasureEMRLECOPNRSPY
Volatility, 1Y 31.8%30.8%36.3% 12.7%
Downside volatility, 1Y 33.5%31.1%40.4% 12.6%
Beta vs S&P 500, 1Y 1.531.180.94 1.00
Return / volatility, 1Y 0.790.69-1.07 0.94
Max drawdown, 5Y -29.9%-35.3%-53.7% -25.4%
From 52-week high 0.0%-4.9%-39.5% -1.2%
52-week high $170.76$298.88$108.69 $779.14
52-week low $123.30$220.64$52.11 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEMRLECOPNR
P/E now vs peer median 37.0xmedian 25.8x 26.9xmedian 25.8x 17.1xmedian 25.8x
P/S now vs peer median 5.1xmedian 1.9x 3.3xmedian 1.9x 2.6xmedian 1.9x
EV/EBITDA now vs peer median 17.2xmedian 14.6x 17.9xmedian 14.6x 13.2xmedian 14.6x
P/FCF now vs peer median 27.5xmedian 22.2x 30.1xmedian 22.2x 16.2xmedian 22.2x
P/B now vs peer median 4.7xmedian 2.2x 9.9xmedian 2.2x 2.7xmedian 2.2x
PEG now vs peer median -0.89median 1.45 3.85median 1.45 2.23median 1.45

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEMRLECOPNR
Revenue $18.64B $4.64B $3.97B
Gross profit $9.91B $1.65B $1.64B
Operating income $4.68B $802.52M $777.40M
Net income $2.58B $575.27M $612.20M
Free cash flow $3.46B $511.89M $646.60M
R&D – – $94.10M
EPS (diluted) $4.59 $10.48 $3.82
Cash & equivalents $2.18B $283.24M $74.00M
Total debt $13.11B $1.15B $1.48B
Shares (diluted) 561.10M 54.87M 160.30M
Enterprise value $84.09B $13.87B $10.22B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEMRLECOPNR
P/E 37.0x 26.9x 17.1x
P/FCF 27.5x 30.1x 16.2x
P/Operating cash flow 24.3x 23.1x 14.5x
P/S 5.1x 3.3x 2.6x
P/B 4.7x 9.9x 2.7x
P/Tangible book 8.1x 9.9x 3.7x
EV/EBITDA 17.2x 17.9x 13.2x
EV/EBIT 22.7x 20.3x 15.3x
EV/Revenue 5.7x 3.5x 3.0x
EV/FCF 30.7x 31.8x 18.4x
EV/Operating cash flow 27.1x 24.4x 16.4x
PEG (3Y EPS CAGR) -0.89 3.85 2.23

Growth

14 metrics
MetricEMRLECOPNR
Revenue growth (1Y) 4.8% 11.1% -3.9%
Revenue CAGR (3Y) 7.6% 4.5% -1.3%
Gross profit growth (1Y) 5.7% 7.7% -1.2%
Gross profit CAGR (3Y) 11.0% 5.5% 3.4%
Operating income growth (1Y) 9.2% 12.9% -8.3%
Operating income CAGR (3Y) 13.6% 7.0% 4.4%
Net income growth (1Y) -3.0% 9.6% -6.4%
Net income CAGR (3Y) -42.0% 4.9% 6.3%
EPS growth (1Y) -2.2% 11.0% -3.6%
EPS CAGR (3Y) -41.6% 7.0% 7.7%
Operating cash flow growth (1Y) 4.4% 0.7% -14.8%
Operating cash flow CAGR (3Y) 10.1% 0.5% 6.8%
Free cash flow growth (1Y) 4.4% -6.3% -17.4%
Free cash flow CAGR (3Y) 9.4% -3.6% 7.7%

Profitability

14 metrics
MetricEMRLECOPNR
Gross margin 53.2% 35.5% 41.2%
EBITDA margin 33.1% 19.5% 22.7%
Operating margin 25.1% 17.3% 19.6%
Pretax margin 17.6% 16.2% 17.5%
Net margin 13.8% 12.4% 15.4%
FCF margin 18.6% 11.0% 16.3%
Operating cash flow margin 21.0% 14.4% 18.3%
Return on equity 12.7% 37.0% 16.1%
Return on assets 6.1% 14.9% 9.2%
Return on invested capital 10.9% 22.6% 12.5%
Return on capital employed 14.9% 27.7% 13.5%
Asset turnover 0.4x 1.2x 0.6x
Cash conversion (OCF / net income) 1.5x 1.2x 1.2x
Stock comp / revenue 1.3% 0.5% 0.8%

Financial Health

11 metrics
MetricEMRLECOPNR
Debt / assets 31.1% 29.5% 22.3%
Debt / equity 0.6x 0.7x 0.4x
Net debt / EBITDA 1.8x 1.0x 1.6x
Debt / FCF 3.8x 2.2x 2.3x
Liabilities / assets 51.7% 60.1% 42.1%
Equity / assets 48.3% 39.9% 57.9%
Interest coverage – – –
Current ratio 0.9x 1.9x 1.5x
Quick ratio 0.5x 1.0x 0.7x
Cash ratio 0.2x 0.3x 0.1x
Altman Z-score 4.77 7.76 3.96

Shareholder Returns

7 metrics
MetricEMRLECOPNR
Dividend yield 1.3% 1.1% 1.6%
Net buyback yield 1.0% 1.8% 3.8%
Shareholder yield 2.3% 2.9% 5.5%
Payout ratio (earnings) 47.8% 30.0% 28.1%
Payout ratio (FCF) 35.6% 33.7% 26.6%
Dividend growth (1Y) 3.1% 3.5% 6.5%
Dividend CAGR (3Y) 0.7% 6.3% 6.2%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEMRLECOPNR
Forward P/E 25.3xFY2026 24.5xFY2026 14.5xFY2026
EPS, next fiscal year $6.75FY2026 $11.62FY2026 $4.55FY2026
EPS growth, next FY +12.5%FY2026 +17.7%FY2026 -7.5%FY2026
EPS growth, the year after +15.3% +0.4% +17.6%
Revenue, next fiscal year $18.13BFY2026 $4.84BFY2026 $3.86BFY2026
Revenue growth, next FY +0.6%FY2026 +14.5%FY2026 -7.5%FY2026
Revenue growth, the year after +15.3% +5.5% +10.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEMRLECOPNR
Held by institutions 82.1% 81.3% 95.0%
Institutions holding 2,292 702 720
Change in shares held, QoQ +0.9% +5.5% -0.1%
Institutions buying 1,081 298 353
Institutions selling 799 266 257
Buyers to sellers 1.35 1.12 1.37

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EMRLECOPNR
EMR 1.00 0.62 0.35
LECO 0.62 1.00 0.44
PNR 0.35 0.44 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EMR, LECO and PNR?

Emerson Electric (EMR) is the largest by market capitalisation: Emerson Electric (EMR) $91.36B, Lincoln Electric Holdings (LECO) $15.01B, Pentair (PNR) $10.55B.

Which stock is cheaper, EMR, LECO and PNR?

Pentair (PNR) trades on the lowest price-to-earnings ratio (Emerson Electric (EMR) 35.4x, Lincoln Electric Holdings (LECO) 26.1x, Pentair (PNR) 17.2x). On next year's consensus earnings, Pentair (PNR) is cheapest (Emerson Electric (EMR) 25.3x, Lincoln Electric Holdings (LECO) 24.5x, Pentair (PNR) 14.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Lincoln Electric Holdings (LECO) grew revenue fastest over the trailing twelve months: Emerson Electric (EMR) +4.8%, Lincoln Electric Holdings (LECO) +11.1%, Pentair (PNR) -3.9%.

Which company is more profitable?

Pentair (PNR) has the highest net margin (Emerson Electric (EMR) 13.8%, Lincoln Electric Holdings (LECO) 12.4%, Pentair (PNR) 15.4%). On return on invested capital, Lincoln Electric Holdings (LECO) leads (Emerson Electric (EMR) 10.9%, Lincoln Electric Holdings (LECO) 22.6%, Pentair (PNR) 12.5%).

Which stock has performed better?

Over the past year Emerson Electric (EMR) returned the most: Emerson Electric (EMR) +25.2%, Lincoln Electric Holdings (LECO) +21.3%, Pentair (PNR) -38.9%. Over five years, Lincoln Electric Holdings (LECO) compounded fastest (Emerson Electric (EMR) +12.0%/yr, Lincoln Electric Holdings (LECO) +14.8%/yr, Pentair (PNR) -2.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Pentair (PNR) has the highest dividend yield: Emerson Electric (EMR) 0.01%, Lincoln Electric Holdings (LECO) 0.01%, Pentair (PNR) 0.02%.

Which stock is riskier?

By one-year price volatility, Lincoln Electric Holdings (LECO) has been the steadiest (Emerson Electric (EMR) 31.8%, Lincoln Electric Holdings (LECO) 30.8%, Pentair (PNR) 36.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EMR, LECO and PNR?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Pentair (PNR) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.