Is LMT or TT cheaper?

On trailing earnings, LMT is cheaper: LMT trades at a 24.39 P/E and TT at 37.37.

Which has grown faster, LMT or TT?

Over the past five years, TT grew revenue faster — LMT at a 2.62% CAGR versus TT at 10.98%.

Does LMT or TT pay a bigger dividend?

LMT yields 2.71% and TT yields 0.82% based on trailing dividends and the latest price.

Is LMT or TT more profitable?

TT runs the higher net margin — LMT at 6.38% versus TT at 13.42%.

Which has been the better investment, LMT or TT?

Over the past 10-year, TT delivered the higher annualized total return — LMT at 10.59% versus TT at 27.78%. Past performance doesn't predict future results.

Lockheed Martin Corporation (LMT) vs Trane Technologies plc (TT)

TT leads on 9 of 16 compared metrics, though LMT is the cheaper stock.

A side-by-side comparison of Lockheed Martin Corporation 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).

LMT

Lockheed Martin Corporation

$116.13B

$503.67Industrials

Trane Technologies plc

$106.80B

$483.15Industrials

Total return — LMT vs TT

growth of $100 · last 30y

LMT +1134.2%TT +4079.2%TT compounded faster

LMT TT

LMT vs TT: by the numbers

•LMT is the larger company ($116.13B vs $106.80B market cap).
•LMT trades at the lower earnings multiple (24.39 vs 37.37 P/E).
•TT converts more revenue to profit (13.42% vs 6.38% net margin).
•TT grew revenue faster over the past five years (10.98% vs 2.62% CAGR).
•LMT pays the higher dividend yield (2.71% vs 0.82%).

Which is better, LMT or TT?

Metric tally: LMT 7 · TT 9

It depends on what you're optimizing for:

ValueLMT(lower P/E)

GrowthTT(faster 5Y revenue CAGR)

IncomeLMT(higher dividend yield)

QualityTT(higher ROIC)

Metrics side by side

Valuation

Metric	LMT	TT
P/E ratio	24.39●	37.37
Forward P/E	15.72●	28.39
P/S ratio	1.55●	4.99
P/B ratio	15.54	12.52●
PEG ratio	—	2.06
EV / EBITDA	15.97●	26.10
FCF yield	4.86%●	2.93%

Profitability

Metric	LMT	TT
Gross margin	9.82%	35.92%●
Operating margin	9.88%	18.17%●
Net margin	6.38%	13.42%●
ROE	64.00%●	33.65%
ROIC	17.39%	20.26%●

Dividends

Metric	LMT	TT
Dividend yield	2.71%●	0.82%
Payout ratio	63.31%	30.40%

Growth (annualized)

Metric	LMT	TT
Revenue CAGR (5Y)	2.62%	10.98%●
EPS CAGR (5Y)	-2.44%	29.75%●
FCF CAGR (5Y)	-0.69%	11.10%●
Total return CAGR (5Y)	8.84%	23.40%●

Frequently asked

Which is better, LMT or TT?: It depends on your goal. value: LMT (lower P/E); growth: TT (faster 5Y revenue CAGR); income: LMT (higher dividend yield); quality: TT (higher ROIC). Across all compared metrics, TT leads 9 to 7.
Is LMT or TT cheaper?: On trailing earnings, LMT is cheaper: LMT trades at a 24.39 P/E and TT at 37.37.
Which has grown faster, LMT or TT?: Over the past five years, TT grew revenue faster — LMT at a 2.62% CAGR versus TT at 10.98%.
Does LMT or TT pay a bigger dividend?: LMT yields 2.71% and TT yields 0.82% based on trailing dividends and the latest price.
Is LMT or TT more profitable?: TT runs the higher net margin — LMT at 6.38% versus TT at 13.42%.
Which has been the better investment, LMT or TT?: Over the past 10-year, TT delivered the higher annualized total return — LMT at 10.59% versus TT at 27.78%. Past performance doesn't predict future results.

Go deeper

Full LMT analysis Full TT analysis Interactive comparison tool

Dig into the metrics

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

Lockheed Martin & Trane Technologies appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest ROIC Stocks Highest FCF Yield 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 June 24, 2026.