COMP <GO>

TT vs V // EV/EBITDA & P/E VALUATION

Trane Technologies plc (NYSE) VS. Visa Inc. (NYSE) • 15-METRIC TALLY: TT 4 — V 9

▲ EV/EBITDA & P/E VALUATION LEADER: TT

LAST: $410.00 (-4.89%) • MKT CAP: $94.85B

valuation

20.3x

LAST: $413.59 (+0.74%) • MKT CAP: $733.53B

valuation

28.9x

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (TT VS. V) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	TT	V	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	41.00%	41.00%	0.00	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	29.20%	32.30%	-3.10	V	/roic <GO>
EV/EBITDA & P/E Valuation ACTIVE	20.3x	28.9x	-8.60	TT	/valuation <GO>
Free Cash Flow Yield	2.36%	2.90%	-0.54	V	/fcf-yield <GO>
Operating Margin	18.60%	60.00%	-41.40	V	/operating-margins <GO>
Net Profit Margin	13.70%	50.10%	-36.40	V	/net-margins <GO>
Revenue Growth (YoY)	7.50%	11.30%	-3.80	V	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.88%	0.63%	+0.25	TT	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	6.82	9.09	-2.27	V	/balance-sheet <GO>
Piotroski F-Score Quality	9/9	9/9	0.00	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.80%	7.10%	-0.30	TT	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	31.3	69.4	-38.10	V	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.96	1.06	-0.10	V	/macro-sensitivity <GO>
Forward P/E Multiple	30.2x	34.0x	-3.80	TT	/forward-pe <GO>
Enterprise Scale & Market Cap	$94.85B	$733.53B	-$638.68B	V	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	TT REV	V REV	TT GROSS %	V GROSS %	TT FCF	V FCF
FY 2025	$21.32B	$40.00B	44.0%	44.0%	$2.24B	$21.26B
FY 2024	$19.84B	$35.93B	44.0%	44.0%	$2.77B	$18.33B
FY 2023	$17.68B	$32.65B	44.0%	44.0%	$1.59B	$19.29B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

TT // BETA 0.96

V // BETA 1.06