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Stock Comparison · Industry comparison · Specialty Industrial Machinery

Illinois Tool Works vs Parker-Hannifin: Which Stock Looks Stronger in 2026?

Illinois Tool Works holds the cleaner structural position, with the lead spread across stability and growth. The market setup is mixed, without a decisive signal in either direction. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

This is not just a one-metric split: both stability and growth materially support the lead. Illinois Tool Works Inc. leads by 12 points on the overall comparison score.

INDUSTRY COMPARISON

Both operate in: Specialty Industrial Machinery

This comparison is based on industry proximity, not on functional trajectory similarity. ITW and PH share the same industry classification.

For a similarity-based comparison, see how Illinois Tool Works and Parker-Hannifin each position within their functional peer groups in AssetNext.

Peer-Relative Score
ITW
Illinois Tool Works Inc.
69
Peer-Score
Signal qualityMedium
vs
PH
Parker-Hannifin Corporation
57
Peer-Score
Signal qualityHigh

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Score differences across key dimensions.

Dimension spread: ITW vs PH Profitability 80 73 Stability 68 50 Valuation 67 54 Growth 56 43 ITW PH
Gap Ranking
#1 Stability +18
#2 Growth +13
#3 Valuation +13
#4 Profitability +7
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ITW and PH Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ITWPH Relative valuation Structural strength

Illinois Tool Works Inc. still looks stronger, and the price setup does not materially undermine that lead.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Stability
Both look solid on stability, though Illinois Tool Works Inc. still holds the stronger peer position.
Growth
On growth, the edge still sits with Illinois Tool Works Inc., even though both profiles look solid.
Stability — Dominant Gap
ITW
68
PH
50
Gap+18in favour of ITW

The clearest distance comes from a steadier profile over time.

What else supports the lead

Growth adds another layer of support rather than leaving the result tied to stability alone.

What this means for the comparison

The lead is built on both stability and growth, making it broader than a single-dimension result.

Explore full peer positioning in AssetNext

Break down the ITW vs PH comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar stability-and-growth comparisons

Explore how ITW and PH each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.