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).

Compare

Total return — CMI vs TT

growth of $100 · last 30y
CMI +6700.1%TT +4079.2%CMI compounded faster
02k4k6kStart $100200120062011201620212026$6,800$4,179
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 9

It depends on what you're optimizing for:

IncomeCMI(higher dividend yield)
QualityTT(higher ROIC)

Metrics side by side

Valuation

MetricCMITT
P/E ratio36.3136.69
Forward P/E24.0627.87
P/S ratio2.864.90
P/B ratio7.8612.29
PEG ratio3.212.06
EV / EBITDA20.1625.64
FCF yield2.75%2.99%

Profitability

MetricCMITT
Gross margin25.39%35.92%
Operating margin11.24%18.17%
Net margin7.89%13.42%
ROE21.64%33.65%
ROIC11.41%20.26%

Dividends

MetricCMITT
Dividend yield1.14%0.84%
Payout ratio38.80%30.40%

Growth (annualized)

MetricCMITT
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.

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.