DE vs. TT: Deere vs. Trane Technologies Stock Comparison
How do Deere (DE) and Trane Technologies (TT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Deere (DE) and Trane Technologies (TT) both fall under the Capital Goods industry group, but DE is classified in Machinery while TT is classified in Building Products.
| Profile Item | DE | TT |
|---|---|---|
| Name | Deere & Company | Trane Technologies plc |
| Country/Region | United States | Ireland |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Building Products |
| GICS Sub-Industry | Agricultural & Farm Machinery | Building Products |
| Market Capitalization | 181.09 billion USD | 87.94 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 1, 1972 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DE | TT |
|---|---|---|
| Total Return (1Y) | 49.27% | -2.56% |
| Total Return (3Y, Annualized) | 24.81% | 25.06% |
| Total Return (5Y, Annualized) | 15.67% | 18.70% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DE | TT |
|---|---|---|
| Volatility (1Y, Annualized) | 33.18% | 30.26% |
| Beta (5Y) | 0.88 | 1.18 |
| Max Drawdown (5Y) | -33.81% | -39.76% |
| Avg. Volume (3M) | 1.23M | 1.24M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DE | TT |
|---|---|---|
| Sharpe Ratio (1Y) | 1.36 | -0.23 |
| Sortino Ratio (1Y) | 2.26 | -0.31 |
Profitability
ROE (TTM)
Trane Technologies (TT) at 36.94% sits in the top ROE quartile, while Deere (DE) at 18.24% is closer to the peer norm — stronger capital efficiency for TT.
DE
Capital Goods industry group
18.24%
- Max
- 40.55%
- Q3
- 19.29%
- DE
- 18.24%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
TT
Capital Goods industry group
36.94%
- Max
- 40.55%
- TT
- 36.94%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
Trane Technologies (TT) at 13.56% retains a top-quartile share of revenue as profit, ahead of Deere (DE) at 10.17%, which keeps about the industry-typical share.
DE
Capital Goods industry group
10.17%
- Max
- 27.47%
- Q3
- 12.10%
- DE
- 10.17%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
TT
Capital Goods industry group
13.56%
- Max
- 27.47%
- TT
- 13.56%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Trane Technologies (TT) at 19.85% operates in the top operating margin quartile, ahead of Deere (DE) at 13.37%, which runs around its industry’s norm.
DE
Capital Goods industry group
13.37%
- Max
- 36.60%
- Q3
- 18.33%
- DE
- 13.37%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
TT
Capital Goods industry group
19.85%
- Max
- 36.60%
- TT
- 19.85%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | DE | TT |
|---|---|---|
| ROE (TTM) | 18.24% | 36.94% |
| ROA (TTM) | 3.76% | 11.42% |
| Net Margin (TTM) | 10.17% | 13.56% |
| Operating Margin (TTM) | 13.37% | 19.85% |
| Gross Margin (TTM) | 25.18% | 34.99% |
Growth
Revenue Growth
Trane Technologies (TT) at 7.48% is around its peer norm for revenue growth, while Deere (DE) at -11.59% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Trane Technologies (TT) at 15.48% is around its peer norm for EPS growth, while Deere (DE) at -27.79% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | DE | TT |
|---|---|---|
| Revenue Growth (YoY) | -11.59% | 7.48% |
| Revenue Growth (3Y CAGR) | -4.50% | 10.06% |
| EPS Growth (YoY) | -27.79% | 15.48% |
| EPS Growth (3Y CAGR) | -7.37% | 20.17% |
Financial Strength
Current Ratio (MRQ)
Deere (DE) at 2.13 keeps current ratio within its industry’s typical mid-range, while Trane Technologies (TT) at 1.12 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for TT.
DE
Capital Goods industry group
2.13
- Max
- 5.22
- Q3
- 2.95
- DE
- 2.13
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
TT
Capital Goods industry group
1.12
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- TT
- 1.12
- Min
- 0.36
Debt / Equity (MRQ)
Trane Technologies (TT) at 0.46 carries an industry-typical debt-to-equity mix, while Deere (DE) at 2.30 uses more debt funding than most peers.
DE
Capital Goods industry group
2.30
- Max
- 2.33
- DE
- 2.30
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
TT
Capital Goods industry group
0.46
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- TT
- 0.46
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | DE | TT |
|---|---|---|
| Current Ratio (MRQ) | 2.13 | 1.12 |
| Debt / Equity (MRQ) | 2.30 | 0.46 |
| Net Debt / EBITDA | 6.70 | 0.66 |
Dividends
Dividend Yield (TTM)
Both Deere (DE) at 0.98% and Trane Technologies (TT) at 1.04% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
DE
Capital Goods industry group
0.98%
- Max
- 2.66%
- Q3
- 1.14%
- DE
- 0.98%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
TT
Capital Goods industry group
1.04%
- Max
- 2.66%
- Q3
- 1.14%
- TT
- 1.04%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Deere (DE) at 36.02% and Trane Technologies (TT) at 28.42% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
DE
Capital Goods industry group
36.02%
- Max
- 67.39%
- DE
- 36.02%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
TT
Capital Goods industry group
28.42%
- Max
- 67.39%
- TT
- 28.42%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DE | TT |
|---|---|---|
| Dividend Yield (TTM) | 0.98% | 1.04% |
| Dividend Payout Ratio (TTM) | 36.02% | 28.42% |
Valuation
P/E Ratio (TTM)
Trane Technologies (TT) at 27.92 is near its industry’s usual P/E ratio, while Deere (DE) at 37.33 sits in the richer quartile — DE needs stronger growth or earnings quality to justify the premium.
DE
Capital Goods industry group
37.33
- Max
- 59.38
- DE
- 37.33
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
TT
Capital Goods industry group
27.92
- Max
- 59.38
- Q3
- 35.92
- TT
- 27.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Both Deere (DE) at 3.78 and Trane Technologies (TT) at 3.79 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
DE
Capital Goods industry group
3.78
- Max
- 7.54
- DE
- 3.78
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
TT
Capital Goods industry group
3.79
- Max
- 7.54
- TT
- 3.79
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Both Deere (DE) at 6.47 and Trane Technologies (TT) at 9.66 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
DE
Capital Goods industry group
6.47
- Max
- 9.66
- DE
- 6.47
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
TT
Capital Goods industry group
9.66
- TT
- 9.66
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | DE | TT |
|---|---|---|
| P/E Ratio (TTM) | 37.33 | 27.92 |
| P/S Ratio (TTM) | 3.78 | 3.79 |
| P/B Ratio (MRQ) | 6.47 | 9.66 |
| Free Cash Flow Yield (TTM) | 2.49% | 3.94% |