Danaher vs Trane Technologies
DHR and TT side by side, both in laboratory apparatus and analytical, optical, measuring, and controlling instruments. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How DHR and TT compare
Danaher is the larger company, worth 1.8 times as much as Trane Technologies ($167B against $90.2B).
On earnings, Trane Technologies is cheaper: it trades at 29.0× trailing earnings, against 42.1× for Danaher.
Trane Technologies grew revenue faster over the last twelve months (10.3% versus 4.6% for Danaher).
Danaher keeps more of each dollar of sales as profit, with a net margin of 15.9% compared with 13.6% at Trane Technologies.
Both pay dividends: Danaher yields 0.64% and Trane Technologies 0.77%.
Trane Technologies scores higher on the StockData Score (23 against 12 for Danaher), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | DHR | TT |
|---|---|---|
| Size and price | ||
| Market cap | $167B | $90.2B |
| Share price | $236.98 | $410.00 |
| Change, 1 year | 9.3% | −4.1% |
| Change, 5 years | −18.9% | 122% |
| Beta (5Y) | 0.94 | 1.12 |
| Employees | 60K | 45K |
| StockData Score | ||
| Total score | 12 | 23 (better) |
| Valuation score | 1 | 4 (better) |
| Growth score | 1 | 4 (better) |
| Performance score | 2 | 6 (better) |
| Health score | 5 | 5 |
| Dividend score | 3 | 4 (better) |
| Valuation | ||
| P/E | 42.1× | 29.0× (better) |
| P/S | 6.6× | 3.9× (better) |
| P/B | 3.2× (better) | 9.9× |
| EV/EBITDA | 36.8× | 20.7× (better) |
| P/FCF | 30.5× | 23.6× (better) |
| PEG | – | 1.44 |
| FCF yield | 3.3% | 4.2% (better) |
| Fair value | $186.55 | $491.31 |
| Margin of safety | −27.0% | 16.5% (better) |
| Growth | ||
| Revenue growth (TTM) | 4.6% | 10.3% (better) |
| Revenue growth, 5Y average | 2.0% | 11.4% (better) |
| Net income growth (TTM) | 17.3% (better) | 7.5% |
| EPS growth (TTM) | 19.8% (better) | 8.9% |
| EPS growth, 5Y average | 0.65% | 29.8% (better) |
| Profitability | ||
| Gross margin | 58.5% | – |
| Operating margin | 20.4% (better) | 17.9% |
| Net margin | 15.9% (better) | 13.6% |
| FCF margin | 21.8% (better) | 16.4% |
| Return on equity | 7.6% | 36.1% (better) |
| Return on invested capital | 6.1% | 25.0% (better) |
| Financial health | ||
| Debt / equity | 0.51 | 0.46 (better) |
| Net debt / EBITDA | 4.33 | 0.92 (better) |
| Interest coverage | 17.6× | 19.2× (better) |
| Current ratio | 1.65 (better) | 1.12 |
| Altman Z-score | 3.77 | 5.91 (better) |
| Piotroski F-score | 6 | 8 (better) |
| Dividends and buybacks | ||
| Dividend yield | 0.64% | 0.77% (better) |
| Payout ratio | 24.1% | 28.6% |
| Years of dividend growth | – | 5 |
| Dividend growth, 5Y average | – | 12.1% |
| Buyback yield | 1.7% (better) | 1.7% |
| Shareholder yield | 2.4% | 2.5% (better) |
| Ownership | ||
| Held by institutions | 82.2% | 87.5% |
| Held by insiders | 8.9% | 0.22% |
| Insider net buying, 12 months | −$128M | −$52.4M (better) |
| Superinvestors holding | 10 | – |
| Short interest, % of float | 1.4% | 1.7% |
Go deeper
- DHR stock overview
- DHR income statement
- DHR valuation and score
- TT stock overview
- TT income statement
- TT valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.