Which has the lower trailing P/E, CMI or TT?

CMI has the lower trailing P/E: CMI trades at 32.94 and TT at 36.57. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CMI or TT?

Over the past five years, TT grew revenue faster — CMI at a 10.18% CAGR versus TT at 10.44%.

Does CMI or TT pay a bigger dividend?

CMI yields 1.24% and TT yields 0.83% based on trailing dividends and the latest price.

Is CMI or TT more profitable?

TT runs the higher net margin — CMI at 7.82% versus TT at 13.28%.

How have CMI and TT total returns compared?

Over the past 10 years, CMI delivered 20.86% and TT delivered 26.67% annualized total return. Past performance doesn't predict future results.

Cummins Inc. (CMI) vs Trane Technologies plc (TT)

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 August 8, 2026. Differences are shown without an overall score or investment verdict.

CMI

Cummins Inc.

$88.90B

$644.26IndustrialsAt close: Aug 7, 2026, 4:00 PM ET

Trane Technologies plc

$106.12B

$482.31IndustrialsAt close: Aug 7, 2026, 4:00 PM ET

Total return — CMI vs TT

growth of $100 · dividends reinvested · last 30y

CMI +13231.0%TT +6360.0%CMI compounded faster

CMI TT

CMI vs TT: by the numbers

•TT is the larger company ($106.12B vs $88.90B market cap).
•CMI trades at the lower trailing earnings multiple (32.94 vs 36.57 P/E), one valuation lens rather than an overall verdict.
•TT converts more revenue to profit (13.28% vs 7.82% net margin).
•TT grew revenue faster over the past five years (10.44% vs 10.18% CAGR).
•CMI pays the higher dividend yield (1.24% vs 0.83%).

Metrics side by side

Valuation

Metric	CMI	TT
P/E ratio	32.94	36.57
Forward P/E	21.83	31.85
P/S ratio	2.57	4.84
P/B ratio	6.95	12.45
PEG ratio	2.91	2.06
EV / EBITDA	18.87	25.35
FCF yield	3.77%	3.49%

Profitability

Metric	CMI	TT
Gross margin	25.32%	35.39%
Operating margin	11.13%	17.94%
Net margin	7.82%	13.28%
ROE	21.13%	34.11%
ROIC	11.41%	20.26%

Dividends

Metric	CMI	TT
Dividend yield	1.24%	0.83%
Payout ratio	38.80%	30.40%

Growth (annualized)

Metric	CMI	TT
Revenue CAGR (5Y)	10.18%	10.44%
EPS CAGR (5Y)	11.31%	29.75%
FCF CAGR (5Y)	9.51%	11.84%
Total return CAGR (5Y)	25.88%	21.12%

Frequently asked

Which has the lower trailing P/E, CMI or TT?: CMI has the lower trailing P/E: CMI trades at 32.94 and TT at 36.57. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CMI or TT?: Over the past five years, TT grew revenue faster — CMI at a 10.18% CAGR versus TT at 10.44%.
Does CMI or TT pay a bigger dividend?: CMI yields 1.24% and TT yields 0.83% based on trailing dividends and the latest price.
Is CMI or TT more profitable?: TT runs the higher net margin — CMI at 7.82% versus TT at 13.28%.
How have CMI and TT total returns compared?: Over the past 10 years, CMI delivered 20.86% and TT delivered 26.67% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CMI analysis Full TT analysis Interactive comparison tool

Dig into the metrics

Cummins P/E ratio Trane Technologies P/E ratio Cummins dividend yield Trane Technologies dividend yield Cummins ROE Trane Technologies ROE Cummins operating margin Trane Technologies operating margin Cummins revenue growth Trane Technologies revenue growth Cummins free cash flow Trane Technologies free cash flow

Cummins & Trane Technologies appear in these rankings

Highest ROE Stocks Highest ROIC Stocks Highest 10-Year Total Return Stocks

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 August 8, 2026.