LITE vs. TRMB: Lumentum vs. Trimble Stock Comparison

November 11, 2026

How do Lumentum (LITE) and Trimble (TRMB) 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

Lumentum (LITE) and Trimble (TRMB) both fall under the Technology Hardware & Equipment industry group, but LITE is classified in Communications Equipment while TRMB is classified in Electronic Equipment, Instruments & Components.

Company profile comparison for Lumentum (LITE) and Trimble (TRMB)
Profile Item	LITE	TRMB
Name	Lumentum Holdings Inc.	Trimble Inc.
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Technology Hardware & Equipment	Technology Hardware & Equipment
GICS Industry	Communications Equipment	Electronic Equipment, Instruments & Components
GICS Sub-Industry	Communications Equipment	Electronic Equipment & Instruments
Market Capitalization	48.84 billion USD	12.40 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	July 23, 2015	July 20, 1990
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

LITE

TRMB

GSPC

Lumentum (LITE) vs. Trimble (TRMB), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Lumentum (LITE) and Trimble (TRMB). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Lumentum (LITE) and Trimble (TRMB). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Lumentum (LITE) and Trimble (TRMB)
Metric	LITE	TRMB
Total Return (1Y)	150.31%	-30.18%
Total Return (3Y, Annualized)	147.76%	10.14%
Total Return (5Y, Annualized)	45.47%	-9.02%

Risk Profile

Drawdown History

LITE

TRMB

GSPC

Lumentum (LITE) vs. Trimble (TRMB), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Lumentum (LITE) and Trimble (TRMB). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Lumentum (LITE) and Trimble (TRMB)
Metric	LITE	TRMB
Volatility (1Y, Annualized)	101.27%	36.40%
Beta (5Y)	1.73	1.36
Max Drawdown (5Y)	-66.48%	-54.28%
Avg. Volume (3M)	5.27M	2.82M

Risk-Adjusted Performance

Risk-Return Positioning

LITE and TRMB are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Lumentum (LITE) and Trimble (TRMB)
Metric	LITE	TRMB
Sharpe Ratio (1Y)	1.44	-0.95
Sortino Ratio (1Y)	2.14	-1.16

Profitability

ROE (TTM)

Both Lumentum (LITE) at -245.79% and Trimble (TRMB) at -2.92% report negative ROE values. Negative ROE can reflect losses or negative shareholders’ equity, so both readings need extra context.

LITE

Technology Hardware & Equipment industry group

-245.79%

Max: 42.47%
Q3: 19.13%
Median: 11.00%
Q1: 1.63%
Min: -20.62%
LITE: -245.79%

TRMB

Technology Hardware & Equipment industry group

-2.92%

Max: 42.47%
Q3: 19.13%
Median: 11.00%
Q1: 1.63%
TRMB: -2.92%
Min: -20.62%

Lumentum (LITE) vs. Trimble (TRMB): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

Both Lumentum (LITE) at -175.78% and Trimble (TRMB) at -4.08% report negative net margin values, usually indicating net losses over the period.

LITE

Technology Hardware & Equipment industry group

-175.78%

Max: 27.60%
Q3: 11.66%
Median: 4.08%
Q1: 0.00%
Min: -11.02%
LITE: -175.78%

TRMB

Technology Hardware & Equipment industry group

-4.08%

Max: 27.60%
Q3: 11.66%
Median: 4.08%
Q1: 0.00%
TRMB: -4.08%
Min: -11.02%

Lumentum (LITE) vs. Trimble (TRMB): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

Lumentum (LITE) at 27.95% operates in the top operating margin quartile, ahead of Trimble (TRMB) at 17.46%, which runs around its industry’s norm.

LITE

Technology Hardware & Equipment industry group

27.95%

Max: 36.27%
LITE: 27.95%
Q3: 18.36%
Median: 8.84%
Q1: 1.46%
Min: -21.39%

TRMB

Technology Hardware & Equipment industry group

17.46%

Max: 36.27%
Q3: 18.36%
TRMB: 17.46%
Median: 8.84%
Q1: 1.46%
Min: -21.39%

Lumentum (LITE) vs. Trimble (TRMB): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Lumentum (LITE) and Trimble (TRMB)
Metric	LITE	TRMB
ROE (TTM)	-245.79%	-2.92%
ROA (TTM)	9.19%	4.85%
Net Margin (TTM)	-175.78%	-4.08%
Operating Margin (TTM)	27.95%	17.46%
Gross Margin (TTM)	47.98%	71.58%

Growth

Revenue Growth

Lumentum (LITE) at 83.22% delivers above-range revenue growth, while Trimble (TRMB) at -2.61% falls into the bottom quartile — a wide split in revenue momentum.

Lumentum (LITE) vs. Trimble (TRMB): A comparison of their Revenue Growth across different time periods.

EPS Growth

Neither side shows strong earnings momentum: Trimble (TRMB) at -71.10% sits in the bottom EPS growth quartile, and Lumentum (LITE) at -25,224.32% is weaker still, below its industry range.

Lumentum (LITE) vs. Trimble (TRMB): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Lumentum (LITE) and Trimble (TRMB)
Metric	LITE	TRMB
Revenue Growth (YoY)	83.22%	-2.61%
Revenue Growth (3Y CAGR)	19.48%	-0.81%
EPS Growth (YoY)	-25,224.32%	-71.10%
EPS Growth (3Y CAGR)	--	-0.75%

Financial Strength

Current Ratio (MRQ)

Lumentum (LITE) at 1.61 keeps current ratio within its industry’s typical mid-range, while Trimble (TRMB) at 0.93 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for TRMB.

LITE

Technology Hardware & Equipment industry group

1.61

Max: 5.34
Q3: 3.02
Median: 1.95
LITE: 1.61
Q1: 1.32
Min: 0.17

TRMB

Technology Hardware & Equipment industry group

0.93

Max: 5.34
Q3: 3.02
Median: 1.95
Q1: 1.32
TRMB: 0.93
Min: 0.17

Lumentum (LITE) vs. Trimble (TRMB): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Lumentum (LITE) at 0.31 and Trimble (TRMB) at 0.31 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

LITE

Technology Hardware & Equipment industry group

0.31

Max: 1.76
Q3: 0.78
LITE: 0.31
Median: 0.24
Q1: 0.04
Min: 0.01

TRMB

Technology Hardware & Equipment industry group

0.31

Max: 1.76
Q3: 0.78
TRMB: 0.31
Median: 0.24
Q1: 0.04
Min: 0.01

Lumentum (LITE) vs. Trimble (TRMB): A comparison of their debt-to-equity ratio against the Technology Hardware & Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Lumentum (LITE) and Trimble (TRMB)
Metric	LITE	TRMB
Current Ratio (MRQ)	1.61	0.93
Debt / Equity (MRQ)	0.31	0.31
Net Debt / EBITDA	-0.48	1.49

Dividends

Dividend Yield (TTM)

Neither Lumentum (LITE) nor Trimble (TRMB) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

LITE

Technology Hardware & Equipment industry group

0.00%

Max: 0.73%
Q3: 0.31%
LITE: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

TRMB

Technology Hardware & Equipment industry group

0.00%

Max: 0.73%
Q3: 0.31%
TRMB: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Lumentum (LITE) vs. Trimble (TRMB): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Lumentum (LITE) nor Trimble (TRMB) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

LITE

Technology Hardware & Equipment industry group

0.00%

Max: 32.27%
Q3: 14.48%
LITE: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

TRMB

Technology Hardware & Equipment industry group

0.00%

Max: 32.27%
Q3: 14.48%
TRMB: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Lumentum (LITE) vs. Trimble (TRMB): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Lumentum (LITE) and Trimble (TRMB)
Metric	LITE	TRMB
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

Neither Lumentum (LITE) nor Trimble (TRMB) reports a P/E ratio value for this period, so a direct comparison isn’t possible.

LITE

Technology Hardware & Equipment industry group

Max: 69.48
Q3: 41.02
Median: 26.39
Q1: 19.36
Min: 6.07
LITE: --

TRMB

Technology Hardware & Equipment industry group

Max: 69.48
Q3: 41.02
Median: 26.39
Q1: 19.36
Min: 6.07
TRMB: --

Lumentum (LITE) vs. Trimble (TRMB): Neither stock reports P/E ratio, so the chart shows available benchmark boxes without value markers.

P/S Ratio (TTM)

Trimble (TRMB) at 3.22 prices around its industry’s typical P/S ratio, while Lumentum (LITE) at 13.05 clears its benchmark range — LITE looks notably rich on sales.

LITE

Technology Hardware & Equipment industry group

13.05

LITE: 13.05
Max: 11.30
Q3: 5.82
Median: 2.56
Q1: 1.05
Min: 0.00

TRMB

Technology Hardware & Equipment industry group

3.22

Max: 11.30
Q3: 5.82
TRMB: 3.22
Median: 2.56
Q1: 1.05
Min: 0.00

Lumentum (LITE) vs. Trimble (TRMB): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

Trimble (TRMB) at 2.50 is valued about in line with its industry on P/B ratio, while Lumentum (LITE) at 10.67 carries an above-peer premium to book — LITE is pricier on assets.

LITE

Technology Hardware & Equipment industry group

10.67

Max: 10.75
LITE: 10.67
Q3: 5.52
Median: 3.17
Q1: 1.79
Min: 0.33

TRMB

Technology Hardware & Equipment industry group

2.50

Max: 10.75
Q3: 5.52
Median: 3.17
TRMB: 2.50
Q1: 1.79
Min: 0.33

Lumentum (LITE) vs. Trimble (TRMB): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Lumentum (LITE) and Trimble (TRMB)
Metric	LITE	TRMB
P/E Ratio (TTM)	--	--
P/S Ratio (TTM)	13.05	3.22
P/B Ratio (MRQ)	10.67	2.50
Free Cash Flow Yield (TTM)	0.29%	5.70%