Correlation
The correlation between TRNS and AIT 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.
TRNS vs. AIT
Compare and contrast key facts about Transcat, Inc. (TRNS) and Applied Industrial Technologies, Inc. (AIT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRNS or AIT.
Performance
TRNS vs. AIT - Performance Comparison
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Key characteristics
TRNS:
-0.64
AIT:
0.53
TRNS:
-0.78
AIT:
0.95
TRNS:
0.89
AIT:
1.12
TRNS:
-0.67
AIT:
0.62
TRNS:
-1.13
AIT:
1.49
TRNS:
30.67%
AIT:
11.03%
TRNS:
49.76%
AIT:
36.25%
TRNS:
-93.33%
AIT:
-66.46%
TRNS:
-39.35%
AIT:
-18.94%
Fundamentals
TRNS:
$814.18M
AIT:
$8.63B
TRNS:
$1.57
AIT:
$9.99
TRNS:
55.66
AIT:
22.67
TRNS:
0.00
AIT:
2.20
TRNS:
2.92
AIT:
1.92
TRNS:
2.84
AIT:
4.72
TRNS:
$201.29M
AIT:
$4.50B
TRNS:
$63.54M
AIT:
$1.35B
TRNS:
$25.16M
AIT:
$542.95M
Returns By Period
In the year-to-date period, TRNS achieves a -17.36% return, which is significantly lower than AIT's -5.05% return. Over the past 10 years, TRNS has outperformed AIT with an annualized return of 24.08%, while AIT has yielded a comparatively lower 20.19% annualized return.
TRNS
-17.36%
9.47%
-16.69%
-31.41%
11.29%
28.40%
24.08%
AIT
-5.05%
-0.21%
-17.23%
18.19%
31.01%
32.82%
20.19%
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Risk-Adjusted Performance
TRNS vs. AIT — Risk-Adjusted Performance Rank
TRNS
AIT
TRNS vs. AIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Transcat, Inc. (TRNS) and Applied Industrial Technologies, Inc. (AIT). 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.
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Dividends
TRNS vs. AIT - Dividend Comparison
TRNS has not paid dividends to shareholders, while AIT's dividend yield for the trailing twelve months is around 0.73%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
AIT Applied Industrial Technologies, Inc. | 0.73% | 0.62% | 0.81% | 1.08% | 1.29% | 1.64% | 1.86% | 2.22% | 1.70% | 1.89% | 2.67% | 2.19% |
Drawdowns
TRNS vs. AIT - Drawdown Comparison
The maximum TRNS drawdown since its inception was -93.33%, which is greater than AIT's maximum drawdown of -66.46%. Use the drawdown chart below to compare losses from any high point for TRNS and AIT.
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Volatility
TRNS vs. AIT - Volatility Comparison
Transcat, Inc. (TRNS) has a higher volatility of 17.97% compared to Applied Industrial Technologies, Inc. (AIT) at 11.19%. This indicates that TRNS's price experiences larger fluctuations and is considered to be riskier than AIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
TRNS vs. AIT - Financials Comparison
This section allows you to compare key financial metrics between Transcat, Inc. and Applied Industrial Technologies, 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
TRNS vs. AIT - Profitability Comparison
TRNS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Transcat, Inc. reported a gross profit of 19.68M and revenue of 66.75M. Therefore, the gross margin over that period was 29.5%.
AIT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Applied Industrial Technologies, Inc. reported a gross profit of 355.29M and revenue of 1.17B. Therefore, the gross margin over that period was 30.5%.
TRNS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Transcat, Inc. reported an operating income of 2.10M and revenue of 66.75M, resulting in an operating margin of 3.2%.
AIT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Applied Industrial Technologies, Inc. reported an operating income of 129.40M and revenue of 1.17B, resulting in an operating margin of 11.1%.
TRNS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Transcat, Inc. reported a net income of 2.36M and revenue of 66.75M, resulting in a net margin of 3.5%.
AIT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Applied Industrial Technologies, Inc. reported a net income of 99.80M and revenue of 1.17B, resulting in a net margin of 8.6%.