TT vs. AME
Compare and contrast key facts about Trane Technologies plc (TT) and AMETEK, Inc. (AME).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TT or AME.
Correlation
The correlation between TT and AME is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TT vs. AME - Performance Comparison
Key characteristics
TT:
1.03
AME:
0.14
TT:
1.50
AME:
0.36
TT:
1.20
AME:
1.05
TT:
1.21
AME:
0.15
TT:
3.15
AME:
0.44
TT:
9.40%
AME:
7.72%
TT:
28.95%
AME:
24.86%
TT:
-77.92%
AME:
-53.31%
TT:
-2.51%
AME:
-14.69%
Fundamentals
TT:
$89.12B
AME:
$39.31B
TT:
$12.15
AME:
$6.11
TT:
32.89
AME:
27.87
TT:
3.07
AME:
2.38
TT:
4.42
AME:
5.67
TT:
11.90
AME:
3.94
TT:
$20.31B
AME:
$6.94B
TT:
$7.30B
AME:
$2.51B
TT:
$4.06B
AME:
$2.10B
Returns By Period
In the year-to-date period, TT achieves a 10.41% return, which is significantly higher than AME's -6.72% return. Over the past 10 years, TT has outperformed AME with an annualized return of 24.96%, while AME has yielded a comparatively lower 13.03% annualized return.
TT
10.41%
27.84%
4.70%
26.09%
40.29%
24.96%
AME
-6.72%
9.95%
-7.49%
0.53%
15.87%
13.03%
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Risk-Adjusted Performance
TT vs. AME — Risk-Adjusted Performance Rank
TT
AME
TT vs. AME - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Trane Technologies plc (TT) and AMETEK, Inc. (AME). 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.
Dividends
TT vs. AME - Dividend Comparison
TT's dividend yield for the trailing twelve months is around 0.85%, more than AME's 0.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TT Trane Technologies plc | 0.85% | 0.91% | 1.23% | 1.59% | 1.17% | 1.46% | 1.59% | 2.15% | 1.91% | 1.81% | 2.10% | 1.58% |
AME AMETEK, Inc. | 0.69% | 0.62% | 0.61% | 0.63% | 0.54% | 0.60% | 0.56% | 0.83% | 0.50% | 0.74% | 0.67% | 0.63% |
Drawdowns
TT vs. AME - Drawdown Comparison
The maximum TT drawdown since its inception was -77.92%, which is greater than AME's maximum drawdown of -53.31%. Use the drawdown chart below to compare losses from any high point for TT and AME. For additional features, visit the drawdowns tool.
Volatility
TT vs. AME - Volatility Comparison
Trane Technologies plc (TT) has a higher volatility of 13.43% compared to AMETEK, Inc. (AME) at 8.96%. This indicates that TT's price experiences larger fluctuations and is considered to be riskier than AME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
TT vs. AME - Financials Comparison
This section allows you to compare key financial metrics between Trane Technologies plc and AMETEK, 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
TT vs. AME - Profitability Comparison
TT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Trane Technologies plc reported a gross profit of 1.68B and revenue of 4.69B. Therefore, the gross margin over that period was 35.8%.
AME - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, AMETEK, Inc. reported a gross profit of 625.00M and revenue of 1.73B. Therefore, the gross margin over that period was 36.1%.
TT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Trane Technologies plc reported an operating income of 818.90M and revenue of 4.69B, resulting in an operating margin of 17.5%.
AME - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, AMETEK, Inc. reported an operating income of 454.83M and revenue of 1.73B, resulting in an operating margin of 26.3%.
TT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Trane Technologies plc reported a net income of -58.70M and revenue of 4.69B, resulting in a net margin of -1.3%.
AME - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, AMETEK, Inc. reported a net income of 351.76M and revenue of 1.73B, resulting in a net margin of 20.3%.