JOUT vs. TRNS
JOUT (Johnson Outdoors Inc.) and TRNS (Transcat, Inc.) are both stocks. JOUT operates in Leisure (Consumer Cyclical), while TRNS operates in Industrial Distribution (Industrials). Over the past 10 years, JOUT returned 7.84%/yr vs 24.43%/yr for TRNS. At a 0.10 correlation, their price movements are largely independent.
Performance
JOUT vs. TRNS - Performance Comparison
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Returns By Period
In the year-to-date period, JOUT achieves a 9.51% return, which is significantly lower than TRNS's 64.36% return. Over the past 10 years, JOUT has underperformed TRNS with an annualized return of 7.84%, while TRNS has yielded a comparatively higher 24.43% annualized return.
JOUT
- 1D
- 2.78%
- 1M
- -12.42%
- YTD
- 9.51%
- 6M
- 13.66%
- 1Y
- 73.12%
- 3Y*
- -4.15%
- 5Y*
- -15.51%
- 10Y*
- 7.84%
TRNS
- 1D
- 3.37%
- 1M
- 23.78%
- YTD
- 64.36%
- 6M
- 74.31%
- 1Y
- 16.68%
- 3Y*
- 1.62%
- 5Y*
- 10.78%
- 10Y*
- 24.43%
JOUT vs. TRNS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JOUT Johnson Outdoors Inc. | 9.51% | 34.11% | -36.11% | -17.48% | -28.12% | -16.17% | 48.21% | 31.73% | -4.77% | 57.78% |
TRNS Transcat, Inc. | 64.36% | -46.35% | -3.28% | 54.27% | -23.33% | 166.52% | 8.85% | 67.51% | 33.47% | 31.94% |
Correlation
The correlation between JOUT and TRNS is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 1990 | 0.10 |
Over the past year, JOUT and TRNS have become more correlated (0.32) than their long-term average of 0.10, meaning their price movements have been converging.
Fundamentals
JOUT:
$476.06M
TRNS:
$871.33M
JOUT:
-$1.48
TRNS:
$0.58
JOUT:
0.72
TRNS:
2.62
JOUT:
1.14
TRNS:
2.90
JOUT:
$651.83M
TRNS:
$331.88M
JOUT:
$244.14M
TRNS:
$108.40M
JOUT:
$30.44M
TRNS:
$33.66M
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Return for Risk
JOUT vs. TRNS — Risk / Return Rank
JOUT
TRNS
JOUT vs. TRNS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Johnson Outdoors Inc. (JOUT) 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.
| JOUT | TRNS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.54 | ||
| Sortino ratioReturn per unit of downside risk | +1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.10 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 2.79 | 0.39 | +2.40 |
| Martin ratioReturn relative to average drawdown | 9.80 | 0.75 | +9.04 |
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
| JOUT | TRNS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.90 | 0.36 | +1.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.43 | 0.25 | -0.68 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.20 | 0.58 | -0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.06 | 0.17 | -0.11 |
Drawdowns
JOUT vs. TRNS - Drawdown Comparison
The maximum JOUT drawdown since its inception was -84.84%, smaller than the maximum TRNS drawdown of -93.42%. Use the drawdown chart below to compare losses from any high point for JOUT and TRNS.
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Drawdown Indicators
| JOUT | TRNS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.84% | -93.42% | +8.58% |
Max Drawdown (1Y)Largest decline over 1 year | -26.30% | -42.92% | +16.62% |
Max Drawdown (3Y)Largest decline over 3 years | -62.40% | -63.86% | +1.46% |
Max Drawdown (5Y)Largest decline over 5 years | -80.64% | -63.86% | -16.78% |
Max Drawdown (10Y)Largest decline over 10 years | -84.38% | -63.86% | -20.52% |
Current DrawdownCurrent decline from peak | -65.95% | -35.28% | -30.67% |
Average DrawdownAverage peak-to-trough decline | -43.88% | -35.38% | -8.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.49% | 22.28% | -14.79% |
Volatility
JOUT vs. TRNS - Volatility Comparison
Johnson Outdoors Inc. (JOUT) has a higher volatility of 19.69% compared to Transcat, Inc. (TRNS) at 17.44%. This indicates that JOUT's price experiences larger fluctuations and is considered to be riskier 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
| JOUT | TRNS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.69% | 17.44% | +2.25% |
Volatility (6M)Calculated over the trailing 6-month period | 29.81% | 35.43% | -5.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.83% | 47.73% | -8.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.43% | 43.38% | -6.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.65% | 42.40% | -2.75% |
Dividends
JOUT vs. TRNS - Dividend Comparison
JOUT's dividend yield for the trailing twelve months is around 2.88%, while TRNS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JOUT Johnson Outdoors Inc. | 2.88% | 3.11% | 4.00% | 2.36% | 1.83% | 0.99% | 0.64% | 0.77% | 0.82% | 0.60% | 0.83% | 1.39% |
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% |
Financials
JOUT vs. TRNS - Financials Comparison
This section allows you to compare key financial metrics between Johnson Outdoors 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
JOUT vs. TRNS - Profitability Comparison
JOUT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Johnson Outdoors Inc. reported a gross profit of 75.49M and revenue of 194.48M. Therefore, the gross margin over that period was 38.8%.
TRNS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Transcat, Inc. reported a gross profit of 30.47M and revenue of 88.62M. Therefore, the gross margin over that period was 34.4%.
JOUT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Johnson Outdoors Inc. reported an operating income of 10.35M and revenue of 194.48M, resulting in an operating margin of 5.3%.
TRNS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Transcat, Inc. reported an operating income of 2.73M and revenue of 88.62M, resulting in an operating margin of 3.1%.
JOUT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Johnson Outdoors Inc. reported a net income of 9.41M and revenue of 194.48M, resulting in a net margin of 4.8%.
TRNS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Transcat, Inc. reported a net income of 744.00K and revenue of 88.62M, resulting in a net margin of 0.8%.
Frequently Asked Questions
JOUT and TRNS have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JOUT has higher volatility (19.69%) compared to TRNS (17.44%). In terms of maximum drawdown, JOUT dropped -84.84% vs TRNS's -93.42%.
JOUT currently has the higher Sharpe Ratio (1.90 vs 0.35), 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.
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