AIT vs. TRNS
Compare and contrast key facts about Applied Industrial Technologies, Inc. (AIT) and Transcat, Inc. (TRNS).
Performance
AIT vs. TRNS - Performance Comparison
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AIT vs. TRNS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AIT Applied Industrial Technologies, Inc. | 5.10% | 8.01% | 39.67% | 38.35% | 24.25% | 33.57% | 19.37% | 26.35% | -19.41% | 16.89% |
TRNS Transcat, Inc. | 31.34% | -46.35% | -3.28% | 54.27% | -23.33% | 166.52% | 8.85% | 67.51% | 33.47% | 31.94% |
Fundamentals
AIT:
$10.28B
TRNS:
$695.10M
AIT:
$10.54
TRNS:
$0.97
AIT:
25.56
TRNS:
76.50
AIT:
0.80
TRNS:
6.09
AIT:
2.17
TRNS:
2.17
AIT:
3.25
TRNS:
2.34
AIT:
$4.75B
TRNS:
$320.40M
AIT:
$1.44B
TRNS:
$103.84M
AIT:
$572.00M
TRNS:
$34.58M
Returns By Period
In the year-to-date period, AIT achieves a 5.10% return, which is significantly lower than TRNS's 31.34% return. Both investments have delivered pretty close results over the past 10 years, with AIT having a 21.63% annualized return and TRNS not far ahead at 22.12%.
AIT
- 1D
- 1.52%
- 1M
- -5.00%
- YTD
- 5.10%
- 6M
- 4.79%
- 1Y
- 18.27%
- 3Y*
- 24.72%
- 5Y*
- 24.86%
- 10Y*
- 21.63%
TRNS
- 1D
- 1.44%
- 1M
- -7.70%
- YTD
- 31.34%
- 6M
- 3.75%
- 1Y
- 0.47%
- 3Y*
- -5.89%
- 5Y*
- 8.78%
- 10Y*
- 22.12%
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Return for Risk
AIT vs. TRNS — Risk / Return Rank
AIT
TRNS
AIT vs. TRNS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Industrial Technologies, Inc. (AIT) and Transcat, Inc. (TRNS). 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.
| AIT | TRNS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.56 | 0.01 | +0.55 |
Sortino ratioReturn per unit of downside risk | 1.01 | 0.38 | +0.63 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.04 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.59 | 0.00 | +1.59 |
Martin ratioReturn relative to average drawdown | 3.36 | 0.00 | +3.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AIT | TRNS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | 0.01 | +0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.20 | +0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.53 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.16 | +0.26 |
Correlation
The correlation between AIT and TRNS is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
AIT vs. TRNS - Dividend Comparison
AIT's dividend yield for the trailing twelve months is around 0.70%, while TRNS has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIT Applied Industrial Technologies, Inc. | 0.70% | 0.72% | 0.62% | 0.81% | 1.08% | 1.29% | 1.64% | 1.86% | 2.22% | 1.70% | 1.89% | 2.67% |
TRNS Transcat, 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% |
Drawdowns
AIT vs. TRNS - Drawdown Comparison
The maximum AIT drawdown since its inception was -66.47%, smaller than the maximum TRNS drawdown of -93.42%. Use the drawdown chart below to compare losses from any high point for AIT and TRNS.
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Drawdown Indicators
| AIT | TRNS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.47% | -93.42% | +26.95% |
Max Drawdown (1Y)Largest decline over 1 year | -12.86% | -44.83% | +31.97% |
Max Drawdown (5Y)Largest decline over 5 years | -26.42% | -63.86% | +37.44% |
Max Drawdown (10Y)Largest decline over 10 years | -59.29% | -63.86% | +4.57% |
Current DrawdownCurrent decline from peak | -7.50% | -48.28% | +40.78% |
Average DrawdownAverage peak-to-trough decline | -18.12% | -35.33% | +17.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.07% | 23.78% | -17.71% |
Volatility
AIT vs. TRNS - Volatility Comparison
The current volatility for Applied Industrial Technologies, Inc. (AIT) is 8.44%, while Transcat, Inc. (TRNS) has a volatility of 12.12%. This indicates that AIT experiences smaller price fluctuations and is considered to be less risky than TRNS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AIT | TRNS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.44% | 12.12% | -3.68% |
Volatility (6M)Calculated over the trailing 6-month period | 19.27% | 34.84% | -15.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.08% | 48.01% | -14.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.64% | 43.20% | -12.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.20% | 42.17% | -8.97% |
Financials
AIT vs. TRNS - Financials Comparison
This section allows you to compare key financial metrics between Applied Industrial Technologies, Inc. and Transcat, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AIT vs. TRNS - Profitability Comparison
AIT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Applied Industrial Technologies, Inc. reported a gross profit of 353.33M and revenue of 1.16B. Therefore, the gross margin over that period was 30.4%.
TRNS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Transcat, Inc. reported a gross profit of 25.25M and revenue of 83.86M. Therefore, the gross margin over that period was 30.1%.
AIT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Applied Industrial Technologies, Inc. reported an operating income of 123.21M and revenue of 1.16B, resulting in an operating margin of 10.6%.
TRNS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Transcat, Inc. reported an operating income of 88.00K and revenue of 83.86M, resulting in an operating margin of 0.1%.
AIT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Applied Industrial Technologies, Inc. reported a net income of 95.35M and revenue of 1.16B, resulting in a net margin of 8.2%.
TRNS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Transcat, Inc. reported a net income of -1.10M and revenue of 83.86M, resulting in a net margin of -1.3%.