TRMB vs. TROW

Last updated Jun 4, 2026

TRMB (Trimble Inc.) and TROW (T. Rowe Price Group, Inc.) are both stocks. TRMB operates in Scientific & Technical Instruments (Technology), while TROW operates in Asset Management (Financial Services). Over the past 10 years, TRMB returned 7.91%/yr vs 7.06%/yr for TROW. At a 0.38 correlation, their price movements are largely independent.

Performance

TRMB vs. TROW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Trimble Inc. (TRMB) and T. Rowe Price Group, Inc. (TROW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TRMB achieves a -29.14% return, which is significantly lower than TROW's 3.11% return. Over the past 10 years, TRMB has outperformed TROW with an annualized return of 7.91%, while TROW has yielded a comparatively lower 7.06% annualized return.

TRMB

• 1D: -3.84%
• 1M: -18.97%
• YTD: -29.14%
• 6M: -32.57%
• 1Y: -22.59%
• 3Y*: 3.86%
• 5Y*: -7.00%
• 10Y*: 7.91%

TROW

• 1D: -0.29%
• 1M: 0.90%
• YTD: 3.11%
• 6M: 1.72%
• 1Y: 17.15%
• 3Y*: 2.69%
• 5Y*: -7.65%
• 10Y*: 7.06%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TRMB vs. TROW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TRMB Trimble Inc.	-29.14%	10.88%	32.82%	5.22%	-42.01%	30.58%	60.16%	26.68%	-19.02%	34.79%
TROW T. Rowe Price Group, Inc.	3.11%	-4.67%	9.68%	3.35%	-42.24%	34.91%	28.11%	35.61%	-9.75%	43.38%

Correlation

The correlation between TRMB and TROW is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.57
Correlation (All Time) Calculated using the full available price history since Mar 4, 1992	0.38

The correlation between TRMB and TROW shifts across timeframes, from 0.38 (all time) to 0.64 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TRMB : $13.15B TROW : $22.63B
EPS TRMB : $1.91 TROW : $9.80
PE Ratio TRMB : 29.11 TROW : 10.62
PS Ratio TRMB : 3.60 TROW : 3.09
PB Ratio TRMB : 2.33 TROW : 2.10
Total Revenue (TTM) TRMB : $3.69B TROW : $7.41B
Gross Profit (TTM) TRMB : $2.54B TROW : $3.66B
EBITDA (TTM) TRMB : $756.80M TROW : $2.87B

Return for Risk

TRMB vs. TROW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TRMB

TRMB Risk / Return Rank: 11
TRMB Sharpe Ratio Rank: 9
TRMB Sortino Ratio Rank: 12
TRMB Omega Ratio Rank: 12
TRMB Calmar Ratio Rank: 18
TRMB Martin Ratio Rank: 6

TROW

TROW Risk / Return Rank: 59
TROW Sharpe Ratio Rank: 64
TROW Sortino Ratio Rank: 57
TROW Omega Ratio Rank: 55
TROW Calmar Ratio Rank: 59
TROW Martin Ratio Rank: 60

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TRMB vs. TROW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Trimble Inc. (TRMB) and T. Rowe Price Group, Inc. (TROW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TRMB	TROW	Difference
Sharpe ratio Return per unit of total volatility	-0.79	0.73	-1.52
Sortino ratio Return per unit of downside risk	-0.94	1.13	-2.07
Omega ratio Gain probability vs. loss probability	0.88	1.14	-0.26
Calmar ratio Return relative to maximum drawdown	-0.63	0.87	-1.50
Martin ratio Return relative to average drawdown	-1.46	2.14	-3.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TRMB vs. TROW - Sharpe Ratio Comparison

The current TRMB Sharpe Ratio is -0.79, which is lower than the TROW Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of TRMB and TROW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TRMB	TROW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.79	0.73	-1.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.21	-0.25	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.24	0.24	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.39	-0.19

Drawdowns

TRMB vs. TROW - Drawdown Comparison

The maximum TRMB drawdown since its inception was -87.23%, which is greater than TROW's maximum drawdown of -67.43%. Use the drawdown chart below to compare losses from any high point for TRMB and TROW.

Drawdown Indicators

	TRMB	TROW	Difference
Max Drawdown Largest peak-to-trough decline	-87.23%	-67.43%	-19.80%
Max Drawdown (1Y) Largest decline over 1 year	-35.99%	-19.76%	-16.23%
Max Drawdown (3Y) Largest decline over 3 years	-35.99%	-34.05%	-1.94%
Max Drawdown (5Y) Largest decline over 5 years	-57.35%	-58.16%	+0.81%
Max Drawdown (10Y) Largest decline over 10 years	-57.35%	-58.16%	+0.81%
Current Drawdown Current decline from peak	-42.00%	-42.86%	+0.86%
Average Drawdown Average peak-to-trough decline	-31.37%	-16.67%	-14.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.46%	8.03%	+7.43%

Volatility

TRMB vs. TROW - Volatility Comparison

Trimble Inc. (TRMB) has a higher volatility of 11.79% compared to T. Rowe Price Group, Inc. (TROW) at 4.91%. This indicates that TRMB's price experiences larger fluctuations and is considered to be riskier than TROW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TRMB	TROW	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.79%	4.91%	+6.88%
Volatility (6M) Calculated over the trailing 6-month period	23.08%	17.15%	+5.93%
Volatility (1Y) Calculated over the trailing 1-year period	28.80%	23.63%	+5.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.79%	30.46%	+2.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.61%	30.00%	+3.61%

Dividends

TRMB vs. TROW - Dividend Comparison

TRMB has not paid dividends to shareholders, while TROW's dividend yield for the trailing twelve months is around 4.91%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TRMB Trimble Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TROW T. Rowe Price Group, Inc.	4.91%	4.96%	4.39%	4.53%	4.40%	3.72%	2.38%	2.50%	3.03%	2.17%	2.87%	5.71%

Financials

TRMB vs. TROW - Profitability Comparison

The chart below illustrates the profitability comparison between Trimble Inc. and T. Rowe Price Group, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TRMB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Trimble Inc. reported a gross profit of 646.30M and revenue of 939.90M. Therefore, the gross margin over that period was 68.8%.

TROW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, T. Rowe Price Group, Inc. reported a gross profit of 0.00 and revenue of 1.86B. Therefore, the gross margin over that period was 0.0%.

TRMB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Trimble Inc. reported an operating income of 144.00M and revenue of 939.90M, resulting in an operating margin of 15.3%.

TROW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, T. Rowe Price Group, Inc. reported an operating income of 680.50M and revenue of 1.86B, resulting in an operating margin of 36.7%.

TRMB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Trimble Inc. reported a net income of 98.90M and revenue of 939.90M, resulting in a net margin of 10.5%.

TROW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, T. Rowe Price Group, Inc. reported a net income of 562.00M and revenue of 1.86B, resulting in a net margin of 30.3%.

Frequently Asked Questions

Can I hold both TRMB and TROW in my portfolio?

TRMB and TROW have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TRMB or TROW?

TRMB has higher volatility (11.79%) compared to TROW (4.91%). In terms of maximum drawdown, TRMB dropped -87.23% vs TROW's -67.43%.

Which has better risk-adjusted returns?

TROW currently has the higher Sharpe Ratio (0.73 vs -0.79), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.