IEX vs PH Stock Comparison

Idex and Parker-Hannifin Prices as of Oct 23, 2026 Peers: Industry group
IEX Idex Corp /De/
$229.09 -0.2% 1M +36.1% 1Y
Market cap
$17.10B
P/E
32.9x
Revenue (TTM)
$3.59B
Div. yield
0.01%
Pumps and Valves Industrials
3 wins
PH Parker-Hannifin Corp
$880.39 -9.4% 1M +14.9% 1Y
Market cap
$114.25B
P/E
31.3x
Revenue (TTM)
$21.50B
Div. yield
–
Pumps and Valves Industrials
8 wins

Head to Head

11 decided of 12

Parker-Hannifin leads on 8 of the 12 questions below (Parker-Hannifin 8, Idex 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIEXPHLeader
Larger companyMarket capitalisation $17.10B $114.25B PH
Cheaper on earningsLower P/E, profitable companies only 32.9x 31.3x PH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 25.1x 23.2x PH
Faster revenue growthRevenue growth, trailing twelve months +7.3% +8.3% PH
More profitableNet margin, trailing twelve months 14.5% 17.0% PH
Better return on capitalReturn on invested capital 9.6% 15.4% PH
Less leveragedLower net debt / EBITDA 1.3x 1.4x IEX
Higher dividend yieldTrailing dividend yield 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months +36.1% +14.9% IEX
Better 5-year returnAnnualised price return, 5 years +0.7%/yr +24.1%/yr PH
Less volatileAnnualised volatility, 1 year 22.1% 27.0% IEX
Higher overall scoreMean of the five percentile scores vs peers 55/100 57/100 PH

Percentile Scorecard

IEXPH

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

AxisIEXPH
Valuation 36 #131 of 203 26 #150 of 203
Growth 42 #110 of 188 70 #58 of 188
Profitability 84 #31 of 187 94 #13 of 187
Financial Health 72 #64 of 222 43 #126 of 222
Shareholder Returns 45 #85 of 153 50 #77 of 153
Overall 55 57
  • IEX ranked among 222 companies in Machinery
  • PH ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodIEXPHSPY
1 month -0.2%-9.4% -1.0%
3 months +2.7%-10.8% +2.9%
6 months +11.9%-9.7% +6.4%
Year to date +28.7%+0.2% +11.4%
1 year +36.1%+14.9% +13.1%
3 years +18.9%+135.9% +79.4%
3 years, per year +5.9%+33.1% +21.5%
5 years +3.6%+194.2% +67.7%
5 years, per year +0.7%+24.1% +10.9%
10 years +165.4%+614.6% +255.2%
10 years, per year +10.3%+21.7% +13.5%

Risk

MeasureIEXPHSPY
Volatility, 1Y 22.1%27.0% 12.7%
Downside volatility, 1Y 19.7%26.9% 12.7%
Beta vs S&P 500, 1Y 0.670.82 1.00
Return / volatility, 1Y 1.630.55 1.03
Max drawdown, 5Y -35.9%-29.2% -25.4%
From 52-week high -4.8%-18.0% -2.5%
52-week high $240.52$1,073.86 $779.14
52-week low $161.68$766.20 $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.

MultipleIEXPH
P/E now vs peer median 32.6xmedian 25.9x 30.5xmedian 25.9x
P/S now vs peer median 4.7xmedian 1.9x 5.2xmedian 1.9x
EV/EBITDA now vs peer median 19.0xmedian 13.7x 21.4xmedian 13.7x
P/FCF now vs peer median 26.3xmedian 21.1x 28.4xmedian 21.1x
P/B now vs peer median 4.2xmedian 2.3x 7.2xmedian 2.3x
PEG now vs peer median -9.99median 1.19 1.45median 1.19

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 monthsIEXPH
Revenue $3.59B $21.50B
Gross profit $1.60B $8.10B
Operating income $741.70M $4.63B
Net income $519.50M $3.65B
Free cash flow $641.50M $3.91B
EPS (diluted) $7.00 $28.48
Cash & equivalents $621.30M $501.00M
Total debt $1.86B $8.52B
Shares (diluted) 74.20M 128.10M
Enterprise value $14.71B $112.37B

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
MetricIEXPH
P/E 32.6x 30.5x
P/FCF 26.3x 28.4x
P/Operating cash flow 23.6x 25.4x
P/S 4.7x 5.2x
P/B 4.2x 7.2x
P/Tangible book 5.9x 13.6x
EV/EBITDA 19.0x 21.4x
EV/EBIT 24.4x 25.7x
EV/Revenue 5.1x 5.5x
EV/FCF 28.3x 30.5x
EV/Operating cash flow 25.3x 27.3x
PEG (3Y EPS CAGR) -9.99 1.45

Growth

14 metrics
MetricIEXPH
Revenue growth (1Y) 7.3% 8.3%
Revenue CAGR (3Y) 2.5% 4.1%
Gross profit growth (1Y) 8.1% 10.8%
Gross profit CAGR (3Y) 2.5% 8.0%
Operating income growth (1Y) 11.8% 14.1%
Operating income CAGR (3Y) -1.2% 14.6%
Net income growth (1Y) 10.7% 3.3%
Net income CAGR (3Y) -4.0% 20.5%
EPS growth (1Y) 12.6% 5.0%
EPS CAGR (3Y) -3.3% 21.1%
Operating cash flow growth (1Y) 11.1% 15.6%
Operating cash flow CAGR (3Y) 3.1% 13.6%
Free cash flow growth (1Y) 9.3% 16.9%
Free cash flow CAGR (3Y) 4.0% 14.5%

Profitability

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

Financial Health

11 metrics
MetricIEXPH
Debt / assets 26.8% 27.6%
Debt / equity 0.5x 0.6x
Net debt / EBITDA 1.3x 1.4x
Debt / FCF 2.9x 2.2x
Liabilities / assets 42.2% 50.1%
Equity / assets 57.8% 49.9%
Interest coverage – 11.6x
Current ratio 3.0x 1.3x
Quick ratio 2.0x 0.6x
Cash ratio 1.1x 0.1x
Altman Z-score 5.49 6.67

Shareholder Returns

7 metrics
MetricIEXPH
Dividend yield 1.3% 0.9%
Net buyback yield 1.8% 1.1%
Shareholder yield 3.0% 2.0%
Payout ratio (earnings) 41.1% –
Payout ratio (FCF) 33.3% –
Dividend growth (1Y) 1.4% –
Dividend CAGR (3Y) 5.0% –

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.

ConsensusIEXPH
Forward P/E 25.1xFY2026 23.2xFY2027
EPS, next fiscal year $9.14FY2026 $37.87FY2027
EPS growth, next FY +15.0%FY2026 +17.2%FY2027
EPS growth, the year after +12.0% +8.8%
Revenue, next fiscal year $3.93BFY2026 $23.49BFY2027
Revenue growth, next FY +13.7%FY2026 +9.2%FY2027
Revenue growth, the year after +3.0% +22.0%

Institutional Ownership

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

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.

IEXPH
IEX 1.00 0.53
PH 0.53 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, IEX and PH?

Parker-Hannifin (PH) is the largest by market capitalisation: Idex (IEX) $17.10B, Parker-Hannifin (PH) $114.25B.

Which stock is cheaper, IEX and PH?

Parker-Hannifin (PH) trades on the lowest price-to-earnings ratio (Idex (IEX) 32.9x, Parker-Hannifin (PH) 31.3x). On next year's consensus earnings, Parker-Hannifin (PH) is cheapest (Idex (IEX) 25.1x, Parker-Hannifin (PH) 23.2x). 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%.

Which company is more profitable?

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

Which stock has performed better?

Over the past year Idex (IEX) returned the most: Idex (IEX) +36.1%, Parker-Hannifin (PH) +14.9%. Over five years, Parker-Hannifin (PH) compounded fastest (Idex (IEX) +0.7%/yr, Parker-Hannifin (PH) +24.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Idex (IEX) 0.01%, Parker-Hannifin (PH) 0.00%. Parker-Hannifin (PH) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Idex (IEX) has been the steadiest (Idex (IEX) 22.1%, Parker-Hannifin (PH) 27.0%). Volatility measures how widely the price swings, not the risk of the business.

Do IEX and PH move together?

Their daily returns over the past year have a correlation of 0.53, a moderate positive relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, IEX and PH?

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 8. 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.