Parker-Hannifin Corporation (PH) vs Trane Technologies plc (TT)
A side-by-side comparison of Parker-Hannifin Corporation and Trane Technologies plc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
PH
Parker-Hannifin Corporation
$971.21IndustrialsDelayed quote: Sep 23, 2026, 4:00 PM EDT
TT
Trane Technologies plc
$437.23IndustrialsDelayed quote: Sep 23, 2026, 3:59 PM EDT
Total return — PH vs TT
growth of $100 · dividends reinvested · last 10yPH +820.9% (+24.9%/yr)TT +956.2% (+26.6%/yr)TT compounded faster over this window
PH TT
PH vs TT: by the numbers
- •PH is the larger company ($122.46B vs $96.20B market cap).
- •TT trades at the lower trailing earnings multiple (33.15 vs 34.09 P/E), one valuation lens rather than an overall verdict.
- •PH converts more revenue to profit (16.97% vs 13.28% net margin).
- •TT grew revenue faster over the past five years (10.44% vs 8.43% CAGR).
- •TT pays the higher dividend yield (0.92% vs 0.80%).
Metrics side by side
Valuation
| Metric | PH | TT |
|---|---|---|
| P/E ratio | 34.09 | 33.15 |
| Forward P/E | 27.65 | 28.63 |
| P/S ratio | 5.70 | 4.33 |
| P/B ratio | 7.95 | 11.13 |
| EV / EBITDA | 23.84 | 22.74 |
| FCF yield | 3.19% | 3.73% |
Profitability
| Metric | PH | TT |
|---|---|---|
| Gross margin | 37.69% | 35.39% |
| Operating margin | 21.55% | 17.94% |
| Net margin | 16.97% | 13.28% |
| ROE | 23.68% | 34.11% |
| ROIC | 13.94% | 19.89% |
Dividends
| Metric | PH | TT |
|---|---|---|
| Dividend yield | 0.80% | 0.92% |
| Payout ratio | 26.68% | 31.01% |
Growth (annualized)
| Metric | PH | TT |
|---|---|---|
| Revenue CAGR (5Y) | 8.43% | 10.44% |
| EPS CAGR (5Y) | 16.37% | 29.75% |
| FCF CAGR (5Y) | 10.55% | 11.84% |
| Total return CAGR (5Y) | 28.92% | 19.98% |
Frequently asked
- Which has the lower trailing P/E, PH or TT?
- TT has the lower trailing P/E: PH trades at 34.09 and TT at 33.15. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, PH or TT?
- Over the past five years, TT grew revenue faster — PH at a 8.43% CAGR versus TT at 10.44%.
- Does PH or TT pay a bigger dividend?
- PH yields 0.80% and TT yields 0.92% based on trailing dividends and the latest price.
- Is PH or TT more profitable?
- PH runs the higher net margin — PH at 16.97% versus TT at 13.28%.
- How have PH and TT total returns compared?
- Over the past 10 years, PH delivered 24.74% and TT delivered 26.63% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Parker-Hannifin P/E ratioTrane Technologies P/E ratioParker-Hannifin dividend yieldTrane Technologies dividend yieldParker-Hannifin ROETrane Technologies ROEParker-Hannifin operating marginTrane Technologies operating marginParker-Hannifin revenue growthTrane Technologies revenue growthParker-Hannifin free cash flowTrane Technologies free cash flow
Parker-Hannifin & 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 September 13, 2026.