TT vs. CARR
Compare and contrast key facts about Trane Technologies plc (TT) and Carrier Global Corporation (CARR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TT or CARR.
Performance
TT vs. CARR - Performance Comparison
Returns By Period
In the year-to-date period, TT achieves a 71.69% return, which is significantly higher than CARR's 33.46% return.
TT
71.69%
5.91%
25.41%
84.72%
34.86%
25.96%
CARR
33.46%
-4.92%
18.78%
45.84%
N/A
N/A
Fundamentals
| TT | CARR | |
|---|---|---|
| Market Cap | $92.94B | $66.84B |
| EPS | $10.85 | $1.70 |
| PE Ratio | 37.89 | 43.82 |
| PEG Ratio | 2.94 | 1.77 |
| Total Revenue (TTM) | $19.39B | $23.96B |
| Gross Profit (TTM) | $6.84B | $1.74B |
| EBITDA (TTM) | $3.73B | $3.83B |
Key characteristics
| TT | CARR | |
|---|---|---|
| Sharpe Ratio | 3.76 | 1.59 |
| Sortino Ratio | 4.55 | 2.25 |
| Omega Ratio | 1.61 | 1.28 |
| Calmar Ratio | 9.26 | 3.45 |
| Martin Ratio | 33.00 | 9.30 |
| Ulcer Index | 2.60% | 4.94% |
| Daily Std Dev | 22.84% | 28.92% |
| Max Drawdown | -77.92% | -40.82% |
| Current Drawdown | 0.00% | -7.82% |
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Correlation
The correlation between TT and CARR is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
TT vs. CARR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Trane Technologies plc (TT) and Carrier Global Corporation (CARR). 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. CARR - Dividend Comparison
TT's dividend yield for the trailing twelve months is around 0.79%, less than CARR's 1.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TT Trane Technologies plc | 0.79% | 1.23% | 1.59% | 1.17% | 1.46% | 1.59% | 2.15% | 1.91% | 1.81% | 2.10% | 1.58% | 1.09% |
CARR Carrier Global Corporation | 1.00% | 1.30% | 1.54% | 0.94% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TT vs. CARR - Drawdown Comparison
The maximum TT drawdown since its inception was -77.92%, which is greater than CARR's maximum drawdown of -40.82%. Use the drawdown chart below to compare losses from any high point for TT and CARR. For additional features, visit the drawdowns tool.
Volatility
TT vs. CARR - Volatility Comparison
The current volatility for Trane Technologies plc (TT) is 7.49%, while Carrier Global Corporation (CARR) has a volatility of 11.33%. This indicates that TT experiences smaller price fluctuations and is considered to be less risky than CARR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
TT vs. CARR - Financials Comparison
This section allows you to compare key financial metrics between Trane Technologies plc and Carrier Global Corporation. 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