IEX vs PH vs TT Stock Comparison

Idex, Parker-Hannifin and Trane Technologies Prices as of Oct 26, 2026 Peers: Industry group
IEX Idex Corp /De/
$231.02 +0.4% 1M +37.6% 1Y
Market cap
$17.19B
P/E
33.1x
Revenue (TTM)
$3.59B
Div. yield
0.01%
Pumps and Valves Industrials
3 wins
PH Parker-Hannifin Corp
$904.18 -7.6% 1M +17.1% 1Y
Market cap
$114.94B
P/E
31.5x
Revenue (TTM)
$21.50B
Div. yield
–
Pumps and Valves Industrials
7 wins
TT Trane Technologies plc
$454.94 +0.1% 1M +6.8% 1Y
Market cap
$100.77B
P/E
34.2x
Revenue (TTM)
$22.21B
Div. yield
0.01%
HVAC Industrials
2 wins

Head to Head

12 decided of 12

Parker-Hannifin leads on 7 of the 12 questions below (Parker-Hannifin 7, Idex 3, Trane Technologies 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIEXPHTTLeader
Larger companyMarket capitalisation $17.19B $114.94B $100.77B PH
Cheaper on earningsLower P/E, profitable companies only 33.1x 31.5x 34.2x PH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 25.3x 23.8x 29.1x PH
Faster revenue growthRevenue growth, trailing twelve months +7.3% +8.3% +7.0% PH
More profitableNet margin, trailing twelve months 14.5% 17.0% 13.3% PH
Better return on capitalReturn on invested capital 9.6% 15.4% 24.4% TT
Less leveragedLower net debt / EBITDA 1.3x 1.4x 0.8x TT
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.01% IEX
Better 1-year returnPrice return, last 12 months +37.6% +17.1% +6.8% IEX
Better 5-year returnAnnualised price return, 5 years +0.8%/yr +24.9%/yr +20.7%/yr PH
Less volatileAnnualised volatility, 1 year 22.2% 27.2% 29.2% IEX
Higher overall scoreMean of the five percentile scores vs peers 56/100 57/100 51/100 PH

Percentile Scorecard

IEXPHTT

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

AxisIEXPHTT
Valuation 36 #131 of 203 25 #152 of 203 9 #51 of 56
Growth 41 #110 of 187 69 #59 of 187 63 #20 of 52
Profitability 84 #30 of 185 94 #12 of 185 88 #7 of 51
Financial Health 73 #61 of 219 44 #123 of 219 56 #26 of 58
Shareholder Returns 46 #83 of 153 51 #76 of 153 40 #25 of 41
Overall 56 57 51
  • IEX ranked among 222 companies in Machinery
  • PH ranked among 222 companies in Machinery
  • TT ranked among 60 companies in Construction Products

Price Performance

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

Returns

PeriodIEXPHTTSPY
1 month +0.4%-7.6%+0.1% -0.8%
3 months +3.3%-8.4%-5.8% +3.5%
6 months +11.4%-7.2%-6.4% +7.0%
Year to date +29.8%+2.9%+16.9% +12.2%
1 year +37.6%+17.1%+6.8% +13.0%
3 years +21.0%+146.9%+146.3% +86.3%
3 years, per year +6.6%+35.2%+35.1% +23.1%
5 years +4.0%+203.4%+155.8% +68.6%
5 years, per year +0.8%+24.9%+20.7% +11.0%
10 years +168.0%+642.1%+784.1% +258.0%
10 years, per year +10.4%+22.2%+24.4% +13.6%

Risk

MeasureIEXPHTTSPY
Volatility, 1Y 22.2%27.2%29.2% 12.7%
Downside volatility, 1Y 19.9%26.9%30.2% 12.7%
Beta vs S&P 500, 1Y 0.680.841.15 1.00
Return / volatility, 1Y 1.690.630.23 1.02
Max drawdown, 5Y -35.9%-29.2%-40.3% -25.4%
From 52-week high -3.9%-15.8%-9.6% -1.8%
52-week high $240.52$1,073.86$503.46 $779.14
52-week low $161.68$767.01$376.43 $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.

MultipleIEXPHTT
P/E now vs peer median 32.9xmedian 26.0x 31.3xmedian 26.0x 34.1xmedian 19.4x
P/S now vs peer median 4.8xmedian 1.9x 5.3xmedian 1.9x 4.5xmedian 1.5x
EV/EBITDA now vs peer median 19.1xmedian 14.0x 21.9xmedian 14.0x 23.6xmedian 12.1x
P/FCF now vs peer median 26.5xmedian 21.4x 29.2xmedian 21.4x 28.0xmedian 16.1x
P/B now vs peer median 4.2xmedian 2.2x 7.4xmedian 2.2x 11.6xmedian 2.9x
PEG now vs peer median -10.07median 1.26 1.49median 1.26 1.95median 0.93

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 monthsIEXPHTT
Revenue $3.59B $21.50B $22.21B
Gross profit $1.60B $8.10B $7.86B
Operating income $741.70M $4.63B $3.98B
Net income $519.50M $3.65B $2.97B
Free cash flow $641.50M $3.91B $3.58B
EPS (diluted) $7.00 $28.48 $13.25
Cash & equivalents $621.30M $501.00M $1.32B
Total debt $1.86B $8.52B $4.62B
Shares (diluted) 74.20M 128.10M 222.50M
Enterprise value $14.81B $113.06B $95.48B

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
MetricIEXPHTT
P/E 32.9x 31.3x 34.1x
P/FCF 26.5x 29.2x 28.0x
P/Operating cash flow 23.8x 26.1x 25.6x
P/S 4.8x 5.3x 4.5x
P/B 4.2x 7.4x 11.6x
P/Tangible book 6.0x 14.0x 19.5x
EV/EBITDA 19.1x 21.9x 23.6x
EV/EBIT 24.6x 26.3x 25.9x
EV/Revenue 5.1x 5.7x 4.7x
EV/FCF 28.5x 31.2x 28.9x
EV/Operating cash flow 25.5x 28.0x 26.4x
PEG (3Y EPS CAGR) -10.07 1.49 1.95

Growth

14 metrics
MetricIEXPHTT
Revenue growth (1Y) 7.3% 8.3% 7.0%
Revenue CAGR (3Y) 2.5% 4.1% 9.7%
Gross profit growth (1Y) 8.1% 10.8% 4.5%
Gross profit CAGR (3Y) 2.5% 8.0% 0.7%
Operating income growth (1Y) 11.8% 14.1% 4.4%
Operating income CAGR (3Y) -1.2% 14.6% 14.4%
Net income growth (1Y) 10.7% 3.3% 3.3%
Net income CAGR (3Y) -4.0% 20.5% 16.1%
EPS growth (1Y) 12.6% 5.0% 4.5%
EPS CAGR (3Y) -3.3% 21.1% 17.5%
Operating cash flow growth (1Y) 11.1% 15.6% 19.9%
Operating cash flow CAGR (3Y) 3.1% 13.6% 28.8%
Free cash flow growth (1Y) 9.3% 16.9% 26.1%
Free cash flow CAGR (3Y) 4.0% 14.5% 32.3%

Profitability

14 metrics
MetricIEXPHTT
Gross margin 44.7% 37.7% 35.4%
EBITDA margin 26.6% 25.9% 19.7%
Operating margin 20.7% 21.6% 17.9%
Pretax margin 19.0% 21.2% 16.8%
Net margin 14.5% 17.0% 13.3%
FCF margin 17.9% 18.2% 16.1%
Operating cash flow margin 20.0% 20.3% 17.6%
Return on equity 12.9% 24.3% 34.4%
Return on assets 7.5% 11.9% 12.7%
Return on invested capital 9.6% 15.4% 24.4%
Return on capital employed 11.7% 18.8% 26.7%
Asset turnover 0.5x 0.7x 1.0x
Cash conversion (OCF / net income) 1.4x 1.2x 1.3x
Stock comp / revenue 0.8% 0.8% 0.4%

Financial Health

11 metrics
MetricIEXPHTT
Debt / assets 26.8% 27.6% 19.3%
Debt / equity 0.5x 0.6x 0.5x
Net debt / EBITDA 1.3x 1.4x 0.8x
Debt / FCF 2.9x 2.2x 1.3x
Liabilities / assets 42.2% 50.1% 63.9%
Equity / assets 57.8% 49.9% 36.1%
Interest coverage – 11.6x 18.1x
Current ratio 3.0x 1.3x 1.1x
Quick ratio 2.0x 0.6x 0.7x
Cash ratio 1.1x 0.1x 0.2x
Altman Z-score 5.51 6.79 6.06

Shareholder Returns

7 metrics
MetricIEXPHTT
Dividend yield 1.3% 0.8% 0.9%
Net buyback yield 1.8% 1.1% 1.4%
Shareholder yield 3.0% 1.9% 2.3%
Payout ratio (earnings) 41.1% – 29.6%
Payout ratio (FCF) 33.3% – 24.6%
Dividend growth (1Y) 1.4% – 10.3%
Dividend CAGR (3Y) 5.0% – 10.6%

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.

ConsensusIEXPHTT
Forward P/E 25.3xFY2026 23.8xFY2027 29.1xFY2026
EPS, next fiscal year $9.14FY2026 $37.94FY2027 $15.63FY2026
EPS growth, next FY +15.0%FY2026 +17.4%FY2027 +19.7%FY2026
EPS growth, the year after +12.0% +8.8% +10.2%
Revenue, next fiscal year $3.93BFY2026 $23.49BFY2027 $25.38BFY2026
Revenue growth, next FY +13.7%FY2026 +9.2%FY2027 +19.0%FY2026
Revenue growth, the year after +3.0% +22.0% +7.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersIEXPHTT
Held by institutions 100.0% 91.8% 87.0%
Institutions holding 686 1,975 1,809
Change in shares held, QoQ +0.1% +1.2% +0.3%
Institutions buying 351 927 894
Institutions selling 201 693 578
Buyers to sellers 1.75 1.34 1.55

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.

IEXPHTT
IEX 1.00 0.53 0.46
PH 0.53 1.00 0.58
TT 0.46 0.58 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, IEX, PH and TT?

Parker-Hannifin (PH) is the largest by market capitalisation: Idex (IEX) $17.19B, Parker-Hannifin (PH) $114.94B, Trane Technologies (TT) $100.77B.

Which stock is cheaper, IEX, PH and TT?

Parker-Hannifin (PH) trades on the lowest price-to-earnings ratio (Idex (IEX) 33.1x, Parker-Hannifin (PH) 31.5x, Trane Technologies (TT) 34.2x). On next year's consensus earnings, Parker-Hannifin (PH) is cheapest (Idex (IEX) 25.3x, Parker-Hannifin (PH) 23.8x, Trane Technologies (TT) 29.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Parker-Hannifin (PH) grew revenue fastest over the trailing twelve months: Idex (IEX) +7.3%, Parker-Hannifin (PH) +8.3%, Trane Technologies (TT) +7.0%.

Which company is more profitable?

Parker-Hannifin (PH) has the highest net margin (Idex (IEX) 14.5%, Parker-Hannifin (PH) 17.0%, Trane Technologies (TT) 13.3%). On return on invested capital, Trane Technologies (TT) leads (Idex (IEX) 9.6%, Parker-Hannifin (PH) 15.4%, Trane Technologies (TT) 24.4%).

Which stock has performed better?

Over the past year Idex (IEX) returned the most: Idex (IEX) +37.6%, Parker-Hannifin (PH) +17.1%, Trane Technologies (TT) +6.8%. Over five years, Parker-Hannifin (PH) compounded fastest (Idex (IEX) +0.8%/yr, Parker-Hannifin (PH) +24.9%/yr, Trane Technologies (TT) +20.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Idex (IEX) has the highest dividend yield: Idex (IEX) 0.01%, Parker-Hannifin (PH) 0.00%, Trane Technologies (TT) 0.01%. Parker-Hannifin (PH) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Idex (IEX) has been the steadiest (Idex (IEX) 22.2%, Parker-Hannifin (PH) 27.2%, Trane Technologies (TT) 29.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, IEX, PH and TT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Parker-Hannifin (PH) leads on 7. 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.