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.

Compare

Total returnPH vs TT

growth of $100 · dividends reinvested · last 10y
PH +820.9% (+24.9%/yr)TT +956.2% (+26.6%/yr)TT compounded faster over this window
5001kStart $10020182020202220242026$921$1,056
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

MetricPHTT
P/E ratio34.0933.15
Forward P/E27.6528.63
P/S ratio5.704.33
P/B ratio7.9511.13
EV / EBITDA23.8422.74
FCF yield3.19%3.73%

Profitability

MetricPHTT
Gross margin37.69%35.39%
Operating margin21.55%17.94%
Net margin16.97%13.28%
ROE23.68%34.11%
ROIC13.94%19.89%

Dividends

MetricPHTT
Dividend yield0.80%0.92%
Payout ratio26.68%31.01%

Growth (annualized)

MetricPHTT
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.

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.