The paper presents a comparative analysis of the circular and flat cross-section belts using measurements of a set of thermomechanical parameters, contributing to research about hot plate welding of drive belts. On the basis of thermogravimetric and spectrophotometric tests, information about the same chemical composition of the two belts was obtained. Dynamic thermomechanical analysis and scanning differential calorimetry provided information about a small difference between belts, which disappeared when the material was placed in a state of increased temperature and mechanical stress. On the basis of the analysis of the specific heat, thermal diffusion, density, and hardness, the values of the selected thermal properties of the belt were obtained, and a large similarity between the belts was identified. On the basis of the novel performed test cycle, it has been hypothesized that circular and flat belts made from thermoplastic polyurethane elastomer could be used interchangeably for butt-welding testing. It has also been proven that cyclic thermomechanical loads unify the properties of both materials so that multiple mechanical and thermal loads do not result in any change in the material properties of the two belts. As a consequence, changes in the weld properties after welding, compared to a solid belt, are not expected.