Cummins Inc. (CMI) vs Trane Technologies plc (TT)
TT leads on 9 of 15 compared metrics.
A side-by-side comparison of Cummins Inc. and Trane Technologies plc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — CMI vs TT
growth of $100 · last 30yCMI +6700.1%TT +4079.2%CMI compounded faster
CMI TT
CMI vs TT: by the numbers
- •TT is the larger company ($104.86B vs $96.46B market cap).
- •CMI trades at the lower earnings multiple (36.31 vs 36.69 P/E).
- •TT converts more revenue to profit (13.42% vs 7.89% net margin).
- •TT grew revenue faster over the past five years (10.98% vs 10.78% CAGR).
- •CMI pays the higher dividend yield (1.14% vs 0.84%).
Which is better, CMI or TT?
Metric tally: CMI 6 · TT 9It depends on what you're optimizing for:
IncomeCMI(higher dividend yield)
QualityTT(higher ROIC)
Metrics side by side
Valuation
| Metric | CMI | TT |
|---|---|---|
| P/E ratio | 36.31 | 36.69 |
| Forward P/E | 24.06● | 27.87 |
| P/S ratio | 2.86● | 4.90 |
| P/B ratio | 7.86● | 12.29 |
| PEG ratio | 3.21 | 2.06● |
| EV / EBITDA | 20.16● | 25.64 |
| FCF yield | 2.75% | 2.99%● |
Profitability
| Metric | CMI | TT |
|---|---|---|
| Gross margin | 25.39% | 35.92%● |
| Operating margin | 11.24% | 18.17%● |
| Net margin | 7.89% | 13.42%● |
| ROE | 21.64% | 33.65%● |
| ROIC | 11.41% | 20.26%● |
Dividends
| Metric | CMI | TT |
|---|---|---|
| Dividend yield | 1.14%● | 0.84% |
| Payout ratio | 38.80% | 30.40% |
Growth (annualized)
| Metric | CMI | TT |
|---|---|---|
| Revenue CAGR (5Y) | 10.78% | 10.98% |
| EPS CAGR (5Y) | 11.31% | 29.75%● |
| FCF CAGR (5Y) | 4.25% | 11.10%● |
| Total return CAGR (5Y) | 26.99%● | 22.96% |
Frequently asked
- Which is better, CMI or TT?
- It depends on your goal. income: CMI (higher dividend yield); quality: TT (higher ROIC). Across all compared metrics, TT leads 9 to 6.
- Is CMI or TT cheaper?
- On trailing earnings, CMI is cheaper: CMI trades at a 36.31 P/E and TT at 36.69.
- Which has grown faster, CMI or TT?
- Over the past five years, TT grew revenue faster — CMI at a 10.78% CAGR versus TT at 10.98%.
- Does CMI or TT pay a bigger dividend?
- CMI yields 1.14% and TT yields 0.84% based on trailing dividends and the latest price.
- Is CMI or TT more profitable?
- TT runs the higher net margin — CMI at 7.89% versus TT at 13.42%.
- Which has been the better investment, CMI or TT?
- Over the past 10-year, TT delivered the higher annualized total return — CMI at 22.50% versus TT at 26.86%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Cummins P/E ratioTrane Technologies P/E ratioCummins dividend yieldTrane Technologies dividend yieldCummins ROETrane Technologies ROECummins operating marginTrane Technologies operating marginCummins revenue growthTrane Technologies revenue growthCummins free cash flowTrane Technologies free cash flow
Cummins & Trane Technologies appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 24, 2026.