On trailing earnings, PH is cheaper: PH trades at a 34.97 P/E and TT at 36.69.

Which has grown faster, PH or TT?

Over the past five years, TT grew revenue faster — PH at a 9.15% CAGR versus TT at 10.98%.

Does PH or TT pay a bigger dividend?

PH yields 0.78% and TT yields 0.84% based on trailing dividends and the latest price.

Is PH or TT more profitable?

PH runs the higher net margin — PH at 16.58% versus TT at 13.42%.

Which has been the better investment, PH or TT?

Over the past 10-year, TT delivered the higher annualized total return — PH at 25.48% versus TT at 26.86%. Past performance doesn't predict future results.

Parker-Hannifin Corporation (PH) vs Trane Technologies plc (TT)

PH leads on 8 of 15 compared metrics.

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 June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Parker-Hannifin Corporation

$119.48B

$947.58Industrials

Trane Technologies plc

$104.86B

$474.34Industrials

Total return — PH vs TT

growth of $100 · last 30y

PH +5038.7%TT +4079.2%PH compounded faster

PH TT

PH vs TT: by the numbers

•PH is the larger company ($119.48B vs $104.86B market cap).
•PH trades at the lower earnings multiple (34.97 vs 36.69 P/E).
•PH converts more revenue to profit (16.58% vs 13.42% net margin).
•TT grew revenue faster over the past five years (10.98% vs 9.15% CAGR).
•TT pays the higher dividend yield (0.84% vs 0.78%).

Which is better, PH or TT?

Metric tally: PH 8 · TT 7

It depends on what you're optimizing for:

ValuePH(lower P/E)

GrowthTT(faster 5Y revenue CAGR)

IncomeTT(higher dividend yield)

QualityTT(higher ROIC)

Metrics side by side

Valuation

Metric	PH	TT
P/E ratio	34.97●	36.69
Forward P/E	27.85	27.87
P/S ratio	5.78	4.90●
P/B ratio	8.30●	12.29
PEG ratio	1.04●	2.06
EV / EBITDA	23.17●	25.64
FCF yield	3.03%	2.99%

Profitability

Metric	PH	TT
Gross margin	37.23%●	35.92%
Operating margin	20.87%●	18.17%
Net margin	16.58%●	13.42%
ROE	23.82%	33.65%●
ROIC	13.69%	20.26%●

Dividends

Metric	PH	TT
Dividend yield	0.78%	0.84%●
Payout ratio	26.89%	30.40%

Growth (annualized)

Metric	PH	TT
Revenue CAGR (5Y)	9.15%	10.98%●
EPS CAGR (5Y)	24.00%	29.75%●
FCF CAGR (5Y)	8.25%	11.10%●
Total return CAGR (5Y)	27.91%●	22.96%

Frequently asked

Which is better, PH or TT?: It depends on your goal. value: PH (lower P/E); growth: TT (faster 5Y revenue CAGR); income: TT (higher dividend yield); quality: TT (higher ROIC). Across all compared metrics, PH leads 8 to 7.
Is PH or TT cheaper?: On trailing earnings, PH is cheaper: PH trades at a 34.97 P/E and TT at 36.69.
Which has grown faster, PH or TT?: Over the past five years, TT grew revenue faster — PH at a 9.15% CAGR versus TT at 10.98%.
Does PH or TT pay a bigger dividend?: PH yields 0.78% and TT yields 0.84% based on trailing dividends and the latest price.
Is PH or TT more profitable?: PH runs the higher net margin — PH at 16.58% versus TT at 13.42%.
Which has been the better investment, PH or TT?: Over the past 10-year, TT delivered the higher annualized total return — PH at 25.48% versus TT at 26.86%. Past performance doesn't predict future results.

Go deeper

Full PH analysis Full TT analysis Interactive comparison tool

Dig into the metrics

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

Parker-Hannifin & Trane Technologies appear in these rankings

Dividend Aristocrats Highest ROE Stocks Highest ROIC Stocks Best 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 June 24, 2026.