PH vs WTS vs NPO Stock Comparison

Parker-Hannifin, Watts Water Technologies and Enpro 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
NPO Enpro Inc.
$267.67 -12.4% 1M +15.5% 1Y
Market cap
$5.75B
P/E
130.3x
Revenue (TTM)
$1.22B
Div. yield
0.00%
Pumps and Valves Industrials
1 win

Head to Head

12 decided of 12

Watts Water Technologies leads on 6 of the 12 questions below (Watts Water Technologies 6, Parker-Hannifin 5, Enpro 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPHWTSNPOLeader
Larger companyMarket capitalisation $114.25B $12.29B $5.75B PH
Cheaper on earningsLower P/E, profitable companies only 31.3x 32.0x 130.3x PH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 23.2x 27.2x 27.3x PH
Faster revenue growthRevenue growth, trailing twelve months +8.3% +17.1% +13.3% WTS
More profitableNet margin, trailing twelve months 17.0% 14.3% 3.6% PH
Better return on capitalReturn on invested capital 15.4% 16.8% 6.3% WTS
Less leveragedLower net debt / EBITDA 1.4x -0.4x 1.8x WTS
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% WTS
Better 1-year returnPrice return, last 12 months +14.9% +29.0% +15.5% WTS
Better 5-year returnAnnualised price return, 5 years +24.1%/yr +14.1%/yr +24.9%/yr NPO
Less volatileAnnualised volatility, 1 year 27.0% 27.1% 40.4% PH
Higher overall scoreMean of the five percentile scores vs peers 57/100 70/100 43/100 WTS

Percentile Scorecard

PHWTSNPO

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

AxisPHWTSNPO
Valuation 26 #150 of 203 27 #149 of 203 20 #162 of 203
Growth 70 #58 of 188 79 #40 of 188 49 #97 of 188
Profitability 94 #13 of 187 90 #19 of 187 55 #84 of 187
Financial Health 43 #126 of 222 91 #21 of 222 62 #84 of 222
Shareholder Returns 50 #77 of 153 63 #57 of 153 30 #107 of 153
Overall 57 70 43
  • PH ranked among 222 companies in Machinery
  • WTS ranked among 222 companies in Machinery
  • NPO ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodPHWTSNPOSPY
1 month -9.4%+0.5%-12.4% -1.0%
3 months -10.8%+4.2%-19.9% +2.9%
6 months -9.7%+19.3%-9.1% +6.4%
Year to date +0.2%+30.1%+25.0% +11.4%
1 year +14.9%+29.0%+15.5% +13.1%
3 years +135.9%+108.2%+126.9% +79.4%
3 years, per year +33.1%+27.7%+31.4% +21.5%
5 years +194.2%+92.9%+203.5% +67.7%
5 years, per year +24.1%+14.1%+24.9% +10.9%
10 years +614.6%+485.1%+386.1% +255.2%
10 years, per year +21.7%+19.3%+17.1% +13.5%

Risk

MeasurePHWTSNPOSPY
Volatility, 1Y 27.0%27.1%40.4% 12.7%
Downside volatility, 1Y 26.9%25.0%43.0% 12.7%
Beta vs S&P 500, 1Y 0.820.891.80 1.00
Return / volatility, 1Y 0.551.070.38 1.03
Max drawdown, 5Y -29.2%-44.4%-34.2% -25.4%
From 52-week high -18.0%-8.4%-31.0% -2.5%
52-week high $1,073.86$392.27$387.65 $779.14
52-week low $766.20$263.55$202.55 $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.

MultiplePHWTSNPO
P/E now vs peer median 30.5xmedian 25.9x 31.4xmedian 25.9x 128.1xmedian 25.9x
P/S now vs peer median 5.2xmedian 1.9x 4.5xmedian 1.9x 4.6xmedian 1.9x
EV/EBITDA now vs peer median 21.4xmedian 13.7x 19.7xmedian 13.7x 21.8xmedian 13.7x
P/FCF now vs peer median 28.4xmedian 21.1x 34.3xmedian 21.1x 33.9xmedian 21.1x
P/B now vs peer median 7.2xmedian 2.3x 5.5xmedian 2.3x 3.6xmedian 2.3x
PEG now vs peer median 1.45median 1.19 2.44median 1.19 -3.46median 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 monthsPHWTSNPO
Revenue $21.50B $2.68B $1.22B
Gross profit $8.10B $1.31B $523.50M
Operating income $4.63B $512.10M $175.30M
Net income $3.65B $383.80M $44.10M
Free cash flow $3.91B $349.40M $167.00M
EPS (diluted) $28.48 $11.46 $2.06
Cash & equivalents $501.00M $347.90M $77.00M
Total debt $8.52B $700.60M $575.50M
Shares (diluted) 128.10M 33.50M 21.40M
Enterprise value $112.37B $10.70B $5.34B

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
MetricPHWTSNPO
P/E 30.5x 31.4x 128.1x
P/FCF 28.4x 34.3x 33.9x
P/Operating cash flow 25.4x 30.1x 25.9x
P/S 5.2x 4.5x 4.6x
P/B 7.2x 5.5x 3.6x
P/Tangible book 13.6x 6.3x 7.0x
EV/EBITDA 21.4x 19.7x 21.8x
EV/EBIT 25.7x 22.9x 35.2x
EV/Revenue 5.5x 4.4x 5.0x
EV/FCF 30.5x 33.6x 36.9x
EV/Operating cash flow 27.3x 29.5x 28.2x
PEG (3Y EPS CAGR) 1.45 2.44 -3.46

Growth

14 metrics
MetricPHWTSNPO
Revenue growth (1Y) 8.3% 17.1% 13.3%
Revenue CAGR (3Y) 4.1% 10.3% 3.3%
Gross profit growth (1Y) 10.8% 18.0% 13.2%
Gross profit CAGR (3Y) 8.0% 13.0% 5.4%
Operating income growth (1Y) 14.1% 26.4% 14.0%
Operating income CAGR (3Y) 14.6% 15.5% 78.0%
Net income growth (1Y) 3.3% 23.2% -47.9%
Net income CAGR (3Y) 20.5% 12.7% -36.2%
EPS growth (1Y) 5.0% 23.2% -48.4%
EPS CAGR (3Y) 21.1% 12.8% -37.1%
Operating cash flow growth (1Y) 15.6% 12.1% 17.3%
Operating cash flow CAGR (3Y) 13.6% 12.5% 21.6%
Free cash flow growth (1Y) 16.9% 10.3% 9.4%
Free cash flow CAGR (3Y) 14.5% 11.4% 24.2%

Profitability

14 metrics
MetricPHWTSNPO
Gross margin 37.7% 48.9% 42.8%
EBITDA margin 25.9% 22.3% 23.1%
Operating margin 21.6% 19.1% 14.3%
Pretax margin 21.2% 19.0% 4.6%
Net margin 17.0% 14.3% 3.6%
FCF margin 18.2% 13.1% 13.6%
Operating cash flow margin 20.3% 14.9% 17.9%
Return on equity 24.3% 17.9% 2.8%
Return on assets 11.9% 13.0% 1.7%
Return on invested capital 15.4% 16.8% 6.3%
Return on capital employed 18.8% 21.1% 7.2%
Asset turnover 0.7x 0.9x 0.5x
Cash conversion (OCF / net income) 1.2x 1.0x 5.0x
Stock comp / revenue 0.8% 0.9% 1.3%

Financial Health

11 metrics
MetricPHWTSNPO
Debt / assets 27.6% 3.7% 21.6%
Debt / equity 0.6x 0.0x 0.4x
Net debt / EBITDA 1.4x -0.4x 1.8x
Debt / FCF 2.2x 0.3x 3.4x
Liabilities / assets 50.1% 25.8% 40.3%
Equity / assets 49.9% 74.2% 59.7%
Interest coverage 11.6x 50.2x 5.2x
Current ratio 1.3x 2.7x 2.3x
Quick ratio 0.6x 1.5x 1.2x
Cash ratio 0.1x 0.7x 0.4x
Altman Z-score 6.67 12.02 4.61

Shareholder Returns

7 metrics
MetricPHWTSNPO
Dividend yield 0.9% 0.6% 0.5%
Net buyback yield 1.1% 0.1% 0.2%
Shareholder yield 2.0% 0.8% 0.7%
Payout ratio (earnings) – 19.2% 60.8%
Payout ratio (FCF) – 21.1% 16.0%
Dividend growth (1Y) – 21.2% 3.9%
Dividend CAGR (3Y) – 20.1% 3.9%

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.

ConsensusPHWTSNPO
Forward P/E 23.2xFY2027 27.2xFY2026 27.3xFY2026
EPS, next fiscal year $37.87FY2027 $13.22FY2026 $9.81FY2026
EPS growth, next FY +17.2%FY2027 +25.0%FY2026 +24.0%FY2026
EPS growth, the year after +8.8% +13.2% +17.6%
Revenue, next fiscal year $23.49BFY2027 $3.02BFY2026 $1.40BFY2026
Revenue growth, next FY +9.2%FY2027 +23.8%FY2026 +23.0%FY2026
Revenue growth, the year after +22.0% -5.1% +8.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPHWTSNPO
Held by institutions 91.8% 98.6% 99.9%
Institutions holding 1,975 579 410
Change in shares held, QoQ +1.2% +1.9% +0.7%
Institutions buying 927 295 212
Institutions selling 693 187 136
Buyers to sellers 1.34 1.58 1.56

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.

PHWTSNPO
PH 1.00 0.44 0.54
WTS 0.44 1.00 0.55
NPO 0.54 0.55 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, PH, WTS and NPO?

Parker-Hannifin (PH) is the largest by market capitalisation: Parker-Hannifin (PH) $114.25B, Watts Water Technologies (WTS) $12.29B, Enpro (NPO) $5.75B.

Which stock is cheaper, PH, WTS and NPO?

Parker-Hannifin (PH) trades on the lowest price-to-earnings ratio (Parker-Hannifin (PH) 31.3x, Watts Water Technologies (WTS) 32.0x, Enpro (NPO) 130.3x). On next year's consensus earnings, Parker-Hannifin (PH) is cheapest (Parker-Hannifin (PH) 23.2x, Watts Water Technologies (WTS) 27.2x, Enpro (NPO) 27.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Watts Water Technologies (WTS) grew revenue fastest over the trailing twelve months: Parker-Hannifin (PH) +8.3%, Watts Water Technologies (WTS) +17.1%, Enpro (NPO) +13.3%.

Which company is more profitable?

Parker-Hannifin (PH) has the highest net margin (Parker-Hannifin (PH) 17.0%, Watts Water Technologies (WTS) 14.3%, Enpro (NPO) 3.6%). On return on invested capital, Watts Water Technologies (WTS) leads (Parker-Hannifin (PH) 15.4%, Watts Water Technologies (WTS) 16.8%, Enpro (NPO) 6.3%).

Which stock has performed better?

Over the past year Watts Water Technologies (WTS) returned the most: Parker-Hannifin (PH) +14.9%, Watts Water Technologies (WTS) +29.0%, Enpro (NPO) +15.5%. Over five years, Enpro (NPO) compounded fastest (Parker-Hannifin (PH) +24.1%/yr, Watts Water Technologies (WTS) +14.1%/yr, Enpro (NPO) +24.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Watts Water Technologies (WTS) has the highest dividend yield: Parker-Hannifin (PH) 0.00%, Watts Water Technologies (WTS) 0.01%, Enpro (NPO) 0.00%. Parker-Hannifin (PH) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Parker-Hannifin (PH) has been the steadiest (Parker-Hannifin (PH) 27.0%, Watts Water Technologies (WTS) 27.1%, Enpro (NPO) 40.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, PH, WTS and NPO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Watts Water Technologies (WTS) leads on 6. 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.