PH vs IEX vs FLS Stock Comparison

Parker-Hannifin, Idex and Flowserve Prices as of Oct 23, 2026 Peers: Industry group
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
5 wins
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
FLS Flowserve Corp
$68.20 -11.7% 1M +29.5% 1Y
Market cap
$8.87B
P/E
23.9x
Revenue (TTM)
$4.63B
Div. yield
–
Pumps and Valves Industrials
3 wins

Head to Head

11 decided of 12

Parker-Hannifin leads on 5 of the 12 questions below (Parker-Hannifin 5, Flowserve 3, Idex 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPHIEXFLSLeader
Larger companyMarket capitalisation $114.25B $17.10B $8.87B PH
Cheaper on earningsLower P/E, profitable companies only 31.3x 32.9x 23.9x FLS
Cheaper on forward earningsLower price / next fiscal year consensus EPS 23.2x 25.1x 15.7x FLS
Faster revenue growthRevenue growth, trailing twelve months +8.3% +7.3% -0.3% PH
More profitableNet margin, trailing twelve months 17.0% 14.5% 8.0% PH
Better return on capitalReturn on invested capital 15.4% 9.6% 6.6% PH
Less leveragedLower net debt / EBITDA 1.4x 1.3x 2.9x IEX
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months +14.9% +36.1% +29.5% IEX
Better 5-year returnAnnualised price return, 5 years +24.1%/yr +0.7%/yr +12.9%/yr PH
Less volatileAnnualised volatility, 1 year 27.0% 22.1% 48.8% IEX
Higher overall scoreMean of the five percentile scores vs peers 57/100 55/100 58/100 FLS

Percentile Scorecard

PHIEXFLS

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

AxisPHIEXFLS
Valuation 26 #150 of 203 36 #131 of 203 50 #102 of 203
Growth 70 #58 of 188 42 #110 of 188 69 #59 of 188
Profitability 94 #13 of 187 84 #31 of 187 54 #86 of 187
Financial Health 43 #126 of 222 72 #64 of 222 33 #150 of 222
Shareholder Returns 50 #77 of 153 45 #85 of 153 86 #23 of 153
Overall 57 55 58
  • PH ranked among 222 companies in Machinery
  • IEX ranked among 222 companies in Machinery
  • FLS ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodPHIEXFLSSPY
1 month -9.4%-0.2%-11.7% -1.0%
3 months -10.8%+2.7%-5.8% +2.9%
6 months -9.7%+11.9%-18.0% +6.4%
Year to date +0.2%+28.7%-1.7% +11.4%
1 year +14.9%+36.1%+29.5% +13.1%
3 years +135.9%+18.9%+86.7% +79.4%
3 years, per year +33.1%+5.9%+23.2% +21.5%
5 years +194.2%+3.6%+83.1% +67.7%
5 years, per year +24.1%+0.7%+12.9% +10.9%
10 years +614.6%+165.4%+56.4% +255.2%
10 years, per year +21.7%+10.3%+4.6% +13.5%

Risk

MeasurePHIEXFLSSPY
Volatility, 1Y 27.0%22.1%48.8% 12.7%
Downside volatility, 1Y 26.9%19.7%41.9% 12.7%
Beta vs S&P 500, 1Y 0.820.671.74 1.00
Return / volatility, 1Y 0.551.630.60 1.03
Max drawdown, 5Y -29.2%-35.9%-39.0% -25.4%
From 52-week high -18.0%-4.8%-25.9% -2.5%
52-week high $1,073.86$240.52$92.04 $779.14
52-week low $766.20$161.68$52.66 $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.

MultiplePHIEXFLS
P/E now vs peer median 30.5xmedian 25.9x 32.6xmedian 25.9x 23.4xmedian 25.9x
P/S now vs peer median 5.2xmedian 1.9x 4.7xmedian 1.9x 1.9xmedian 1.9x
EV/EBITDA now vs peer median 21.4xmedian 13.7x 19.0xmedian 13.7x 20.7xmedian 13.7x
P/FCF now vs peer median 28.4xmedian 21.1x 26.3xmedian 21.1x 21.1xmedian 21.1x
P/B now vs peer median 7.2xmedian 2.3x 4.2xmedian 2.3x 3.7xmedian 2.3x
PEG now vs peer median 1.45median 1.19 -9.99median 1.19 1.37median 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 monthsPHIEXFLS
Revenue $21.50B $3.59B $4.63B
Gross profit $8.10B $1.60B $1.57B
Operating income $4.63B $741.70M $392.30M
Net income $3.65B $519.50M $390.08M
Free cash flow $3.91B $641.50M $411.44M
EPS (diluted) $28.48 $7.00 $2.89
Cash & equivalents $501.00M $621.30M $731.01M
Total debt $8.52B $1.86B $2.14B
Shares (diluted) 128.10M 74.20M 128.36M
Enterprise value $112.37B $14.71B $5.75B

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
MetricPHIEXFLS
P/E 30.5x 32.6x 23.4x
P/FCF 28.4x 26.3x 21.1x
P/Operating cash flow 25.4x 23.6x 17.8x
P/S 5.2x 4.7x 1.9x
P/B 7.2x 4.2x 3.7x
P/Tangible book 13.6x 5.9x 4.4x
EV/EBITDA 21.4x 19.0x 20.7x
EV/EBIT 25.7x 24.4x 25.7x
EV/Revenue 5.5x 5.1x 2.2x
EV/FCF 30.5x 28.3x 24.5x
EV/Operating cash flow 27.3x 25.3x 20.6x
PEG (3Y EPS CAGR) 1.45 -9.99 1.37

Growth

14 metrics
MetricPHIEXFLS
Revenue growth (1Y) 8.3% 7.3% -0.3%
Revenue CAGR (3Y) 4.1% 2.5% 5.3%
Gross profit growth (1Y) 10.8% 8.1% 4.3%
Gross profit CAGR (3Y) 8.0% 2.5% 10.8%
Operating income growth (1Y) 14.1% 11.8% -22.5%
Operating income CAGR (3Y) 14.6% -1.2% 11.5%
Net income growth (1Y) 3.3% 10.7% 24.0%
Net income CAGR (3Y) 20.5% -4.0% 15.9%
EPS growth (1Y) 5.0% 12.6% 30.5%
EPS CAGR (3Y) 21.1% -3.3% 17.1%
Operating cash flow growth (1Y) 15.6% 11.1% 1.6%
Operating cash flow CAGR (3Y) 13.6% 3.1% 81.4%
Free cash flow growth (1Y) 16.9% 9.3% 3.1%
Free cash flow CAGR (3Y) 14.5% 4.0% 348.1%

Profitability

14 metrics
MetricPHIEXFLS
Gross margin 37.7% 44.7% 33.9%
EBITDA margin 25.9% 26.6% 10.5%
Operating margin 21.6% 20.7% 8.5%
Pretax margin 21.2% 19.0% 11.9%
Net margin 17.0% 14.5% 8.0%
FCF margin 18.2% 17.9% 8.9%
Operating cash flow margin 20.3% 20.0% 10.5%
Return on equity 24.3% 12.9% 16.9%
Return on assets 11.9% 7.5% 6.5%
Return on invested capital 15.4% 9.6% 6.6%
Return on capital employed 18.8% 11.7% 8.6%
Asset turnover 0.7x 0.5x 0.8x
Cash conversion (OCF / net income) 1.2x 1.4x 1.3x
Stock comp / revenue 0.8% 0.8% 0.9%

Financial Health

11 metrics
MetricPHIEXFLS
Debt / assets 27.6% 26.8% 33.8%
Debt / equity 0.6x 0.5x 0.9x
Net debt / EBITDA 1.4x 1.3x 2.9x
Debt / FCF 2.2x 2.9x 5.2x
Liabilities / assets 50.1% 42.2% 63.2%
Equity / assets 49.9% 57.8% 36.8%
Interest coverage 11.6x – 4.6x
Current ratio 1.3x 3.0x 2.2x
Quick ratio 0.6x 2.0x 1.2x
Cash ratio 0.1x 1.1x 0.5x
Altman Z-score 6.67 5.49 3.53

Shareholder Returns

7 metrics
MetricPHIEXFLS
Dividend yield 0.9% 1.3% 1.3%
Net buyback yield 1.1% 1.8% 2.6%
Shareholder yield 2.0% 3.0% 3.9%
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.

ConsensusPHIEXFLS
Forward P/E 23.2xFY2027 25.1xFY2026 15.7xFY2026
EPS, next fiscal year $37.87FY2027 $9.14FY2026 $4.35FY2026
EPS growth, next FY +17.2%FY2027 +15.0%FY2026 +19.5%FY2026
EPS growth, the year after +8.8% +12.0% +12.2%
Revenue, next fiscal year $23.49BFY2027 $3.93BFY2026 $4.72BFY2026
Revenue growth, next FY +9.2%FY2027 +13.7%FY2026 -0.1%FY2026
Revenue growth, the year after +22.0% +3.0% +5.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPHIEXFLS
Held by institutions 91.8% 100.0% 100.0%
Institutions holding 1,975 686 584
Change in shares held, QoQ +1.2% +0.1% +14.6%
Institutions buying 927 351 299
Institutions selling 693 201 201
Buyers to sellers 1.34 1.75 1.49

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.

PHIEXFLS
PH 1.00 0.53 0.51
IEX 0.53 1.00 0.48
FLS 0.51 0.48 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, PH, IEX and FLS?

Parker-Hannifin (PH) is the largest by market capitalisation: Parker-Hannifin (PH) $114.25B, Idex (IEX) $17.10B, Flowserve (FLS) $8.87B.

Which stock is cheaper, PH, IEX and FLS?

Flowserve (FLS) trades on the lowest price-to-earnings ratio (Parker-Hannifin (PH) 31.3x, Idex (IEX) 32.9x, Flowserve (FLS) 23.9x). On next year's consensus earnings, Flowserve (FLS) is cheapest (Parker-Hannifin (PH) 23.2x, Idex (IEX) 25.1x, Flowserve (FLS) 15.7x). 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: Parker-Hannifin (PH) +8.3%, Idex (IEX) +7.3%, Flowserve (FLS) -0.3%.

Which company is more profitable?

Parker-Hannifin (PH) has the highest net margin (Parker-Hannifin (PH) 17.0%, Idex (IEX) 14.5%, Flowserve (FLS) 8.0%). On return on invested capital, Parker-Hannifin (PH) leads (Parker-Hannifin (PH) 15.4%, Idex (IEX) 9.6%, Flowserve (FLS) 6.6%).

Which stock has performed better?

Over the past year Idex (IEX) returned the most: Parker-Hannifin (PH) +14.9%, Idex (IEX) +36.1%, Flowserve (FLS) +29.5%. Over five years, Parker-Hannifin (PH) compounded fastest (Parker-Hannifin (PH) +24.1%/yr, Idex (IEX) +0.7%/yr, Flowserve (FLS) +12.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

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

Which stock is riskier?

By one-year price volatility, Idex (IEX) has been the steadiest (Parker-Hannifin (PH) 27.0%, Idex (IEX) 22.1%, Flowserve (FLS) 48.8%). Volatility measures how widely the price swings, not the risk of the business.

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

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 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.