TT vs. URI: Trane Technologies vs. United Rentals Stock Comparison

November 11, 2026

How do Trane Technologies (TT) and United Rentals (URI) 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

Trane Technologies (TT) and United Rentals (URI) both fall under the Capital Goods industry group, but TT is classified in Building Products while URI is classified in Trading Companies & Distributors.

Company profile comparison for Trane Technologies (TT) and United Rentals (URI)
Profile Item	TT	URI
Name	Trane Technologies plc	United Rentals Inc.
Country/Region	Ireland	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Building Products	Trading Companies & Distributors
GICS Sub-Industry	Building Products	Trading Companies & Distributors
Market Capitalization	87.94 billion USD	65.36 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1980	December 18, 1997
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

URI

GSPC

Trane Technologies (TT) vs. United Rentals (URI), 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 Trane Technologies (TT) and United Rentals (URI). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Trane Technologies (TT) and United Rentals (URI). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Trane Technologies (TT) and United Rentals (URI)
Metric	TT	URI
Total Return (1Y)	-2.56%	35.39%
Total Return (3Y, Annualized)	25.06%	38.68%
Total Return (5Y, Annualized)	18.70%	24.76%

Risk Profile

Drawdown History

URI

GSPC

Trane Technologies (TT) vs. United Rentals (URI), 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 Trane Technologies (TT) and United Rentals (URI). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Trane Technologies (TT) and United Rentals (URI)
Metric	TT	URI
Volatility (1Y, Annualized)	30.26%	44.71%
Beta (5Y)	1.18	1.81
Max Drawdown (5Y)	-39.76%	-39.76%
Avg. Volume (3M)	1.24M	496.78K

Risk-Adjusted Performance

Risk-Return Positioning

TT and URI 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 Trane Technologies (TT) and United Rentals (URI)
Metric	TT	URI
Sharpe Ratio (1Y)	-0.23	0.70
Sortino Ratio (1Y)	-0.31	1.16

Profitability

ROE (TTM)

Both Trane Technologies (TT) at 36.94% and United Rentals (URI) at 30.56% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

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%

URI

Capital Goods industry group

30.56%

Max: 40.55%
URI: 30.56%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Trane Technologies (TT) vs. United Rentals (URI): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Trane Technologies (TT) at 13.56% and United Rentals (URI) at 16.33% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

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%

URI

Capital Goods industry group

16.33%

Max: 27.47%
URI: 16.33%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Trane Technologies (TT) vs. United Rentals (URI): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Trane Technologies (TT) at 19.85% and United Rentals (URI) at 29.21% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

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%

URI

Capital Goods industry group

29.21%

Max: 36.60%
URI: 29.21%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

Trane Technologies (TT) vs. United Rentals (URI): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Trane Technologies (TT) and United Rentals (URI)
Metric	TT	URI
ROE (TTM)	36.94%	30.56%
ROA (TTM)	11.42%	9.14%
Net Margin (TTM)	13.56%	16.33%
Operating Margin (TTM)	19.85%	29.21%
Gross Margin (TTM)	34.99%	39.19%

Growth

Revenue Growth

Both Trane Technologies (TT) at 7.48% and United Rentals (URI) at 4.91% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Trane Technologies (TT) vs. United Rentals (URI): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Trane Technologies (TT) at 15.48% and United Rentals (URI) at -0.21% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Trane Technologies (TT) vs. United Rentals (URI): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Trane Technologies (TT) and United Rentals (URI)
Metric	TT	URI
Revenue Growth (YoY)	7.48%	4.91%
Revenue Growth (3Y CAGR)	10.06%	11.41%
EPS Growth (YoY)	15.48%	-0.21%
EPS Growth (3Y CAGR)	20.17%	9.20%

Financial Strength

Current Ratio (MRQ)

Both Trane Technologies (TT) at 1.12 and United Rentals (URI) at 0.80 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

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

URI

Capital Goods industry group

0.80

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
URI: 0.80
Min: 0.36

Trane Technologies (TT) vs. United Rentals (URI): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Trane Technologies (TT) at 0.46 carries an industry-typical debt-to-equity mix, while United Rentals (URI) at 1.64 uses more debt funding than most peers.

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

URI

Capital Goods industry group

1.64

Max: 2.33
URI: 1.64
Q3: 1.12
Median: 0.60
Q1: 0.29
Min: 0.00

Trane Technologies (TT) vs. United Rentals (URI): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Trane Technologies (TT) and United Rentals (URI)
Metric	TT	URI
Current Ratio (MRQ)	1.12	0.80
Debt / Equity (MRQ)	0.46	1.64
Net Debt / EBITDA	0.66	3.12

Dividends

Dividend Yield (TTM)

Both Trane Technologies (TT) at 1.04% and United Rentals (URI) at 0.74% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

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%

URI

Capital Goods industry group

0.74%

Max: 2.66%
Q3: 1.14%
URI: 0.74%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

Trane Technologies (TT) vs. United Rentals (URI): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

United Rentals (URI) at 16.95% pays out a band-typical share of earnings, while Trane Technologies (TT) at 28.42% distributes more than its industry norm — less retained, thinner cover.

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%

URI

Capital Goods industry group

16.95%

Max: 67.39%
Q3: 28.02%
URI: 16.95%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

Trane Technologies (TT) vs. United Rentals (URI): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Trane Technologies (TT) and United Rentals (URI)
Metric	TT	URI
Dividend Yield (TTM)	1.04%	0.74%
Dividend Payout Ratio (TTM)	28.42%	16.95%

Valuation

P/E Ratio (TTM)

Both Trane Technologies (TT) at 27.92 and United Rentals (URI) at 23.24 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

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

URI

Capital Goods industry group

23.24

Max: 59.38
Q3: 35.92
Median: 25.41
URI: 23.24
Q1: 19.47
Min: 3.03

Trane Technologies (TT) vs. United Rentals (URI): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

United Rentals (URI) at 3.74 is priced about in line with its industry on P/S ratio, while Trane Technologies (TT) at 3.79 sits in the pricier quartile — TT costs more per dollar of sales.

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

URI

Capital Goods industry group

3.74

Max: 7.54
Q3: 3.76
URI: 3.74
Median: 2.15
Q1: 1.03
Min: 0.03

Trane Technologies (TT) vs. United Rentals (URI): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Both Trane Technologies (TT) at 9.66 and United Rentals (URI) at 6.75 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

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

URI

Capital Goods industry group

6.75

Max: 9.66
URI: 6.75
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

Trane Technologies (TT) vs. United Rentals (URI): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Trane Technologies (TT) and United Rentals (URI)
Metric	TT	URI
P/E Ratio (TTM)	27.92	23.24
P/S Ratio (TTM)	3.79	3.74
P/B Ratio (MRQ)	9.66	6.75
Free Cash Flow Yield (TTM)	3.94%	3.24%