TT vs. KKR
TT (Trane Technologies plc) and KKR (KKR & Co. Inc.) are both stocks. TT operates in Specialty Industrial Machinery (Industrials), while KKR operates in Asset Management (Financial Services). Over the past 10 years, TT returned 23.76%/yr vs 24.52%/yr for KKR. At a 0.46 correlation, their price movements are largely independent.
Performance
TT vs. KKR - Performance Comparison
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Returns By Period
In the year-to-date period, TT achieves a 18.29% return, which is significantly higher than KKR's -24.22% return. Both investments have delivered pretty close results over the past 10 years, with TT having a 23.76% annualized return and KKR not far ahead at 24.52%.
TT
- 1D
- -0.41%
- 1M
- -2.49%
- YTD
- 18.29%
- 6M
- 17.69%
- 1Y
- 9.01%
- 3Y*
- 37.71%
- 5Y*
- 21.39%
- 10Y*
- 23.76%
KKR
- 1D
- 0.99%
- 1M
- -1.03%
- YTD
- -24.22%
- 6M
- -29.28%
- 1Y
- -22.64%
- 3Y*
- 19.99%
- 5Y*
- 12.18%
- 10Y*
- 24.52%
TT vs. KKR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TT Trane Technologies plc | 18.29% | 6.38% | 52.97% | 47.39% | -15.34% | 41.02% | 11.26% | 48.32% | 4.41% | 21.27% |
KKR KKR & Co. Inc. | -24.22% | -13.32% | 79.65% | 80.48% | -36.98% | 85.76% | 41.13% | 51.57% | -4.28% | 41.78% |
Correlation
The correlation between TT and KKR is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2010 | 0.46 |
Over the past year, the correlation between TT and KKR has dropped to 0.23 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.
Fundamentals
TT:
$102.24B
KKR:
$91.83B
TT:
$12.94
KKR:
$3.10
TT:
35.43
KKR:
31.02
TT:
1.62
KKR:
3.27
TT:
4.75
KKR:
4.60
TT:
11.87
KKR:
1.14
TT:
$21.60B
KKR:
$19.99B
TT:
$7.76B
KKR:
$8.35B
TT:
$4.25B
KKR:
$9.97B
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Return for Risk
TT vs. KKR — Risk / Return Rank
TT
KKR
TT vs. KKR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Trane Technologies plc (TT) and KKR & Co. Inc. (KKR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TT | KKR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.94 | ||
| Sortino ratioReturn per unit of downside risk | +1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 0.92 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.45 | -0.51 | +0.96 |
| Martin ratioReturn relative to average drawdown | 0.89 | -0.92 | +1.81 |
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Drawdowns
TT vs. KKR - Drawdown Comparison
The maximum TT drawdown since its inception was -77.91%, which is greater than KKR's maximum drawdown of -53.10%. Use the drawdown chart below to compare losses from any high point for TT and KKR.
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Drawdown Indicators
| TT | KKR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.91% | -53.10% | -24.81% |
Max Drawdown (1Y)Largest decline over 1 year | -19.97% | -44.62% | +24.65% |
Max Drawdown (3Y)Largest decline over 3 years | -24.44% | -49.42% | +24.98% |
Max Drawdown (5Y)Largest decline over 5 years | -40.53% | -49.42% | +8.89% |
Max Drawdown (10Y)Largest decline over 10 years | -51.13% | -49.42% | -1.71% |
Current DrawdownCurrent decline from peak | -6.75% | -41.85% | +35.10% |
Average DrawdownAverage peak-to-trough decline | -14.83% | -16.22% | +1.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.12% | 24.65% | -14.53% |
Volatility
TT vs. KKR - Volatility Comparison
The current volatility for Trane Technologies plc (TT) is 9.05%, while KKR & Co. Inc. (KKR) has a volatility of 9.89%. This indicates that TT experiences smaller price fluctuations and is considered to be less risky than KKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TT | KKR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.05% | 9.89% | -0.84% |
Volatility (6M)Calculated over the trailing 6-month period | 21.82% | 29.26% | -7.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.50% | 37.32% | -9.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.38% | 39.23% | -11.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.34% | 36.62% | -8.28% |
Dividends
TT vs. KKR - Dividend Comparison
TT's dividend yield for the trailing twelve months is around 0.87%, more than KKR's 0.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KKR KKR & Co. Inc. | 0.78% | 0.57% | 0.47% | 0.78% | 1.31% | 0.77% | 1.31% | 1.71% | 3.23% | 3.18% | 4.16% | 10.13% |
TT Trane Technologies plc | 0.87% | 0.97% | 0.91% | 1.23% | 1.59% | 1.17% | 1.46% | 1.59% | 2.15% | 1.91% | 1.81% | 2.10% |
Financials
TT vs. KKR - Financials Comparison
This section allows you to compare key financial metrics between Trane Technologies plc and KKR & Co. 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. KKR - Profitability Comparison
TT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Trane Technologies plc reported a gross profit of 1.73B and revenue of 4.97B. Therefore, the gross margin over that period was 34.8%.
KKR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, KKR & Co. Inc. reported a gross profit of 3.98B and revenue of 4.00B. Therefore, the gross margin over that period was 99.5%.
TT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Trane Technologies plc reported an operating income of 776.10M and revenue of 4.97B, resulting in an operating margin of 15.6%.
KKR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, KKR & Co. Inc. reported an operating income of 205.35M and revenue of 4.00B, resulting in an operating margin of 5.1%.
TT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Trane Technologies plc reported a net income of 584.40M and revenue of 4.97B, resulting in a net margin of 11.8%.
KKR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, KKR & Co. Inc. reported a net income of 405.23M and revenue of 4.00B, resulting in a net margin of 10.1%.
Frequently Asked Questions
TT and KKR have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KKR has higher volatility (9.89%) compared to TT (9.05%). In terms of maximum drawdown, TT dropped -77.91% vs KKR's -53.10%.
TT currently has the higher Sharpe Ratio (0.33 vs -0.61), 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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