TT vs. MAS

Last updated Jun 13, 2026

TT (Trane Technologies plc) and MAS (Masco Corporation) are both stocks. Both are in the Industrials sector — TT in Specialty Industrial Machinery, MAS in Building Products & Equipment. Over the past 10 years, TT returned 23.76%/yr vs 10.99%/yr for MAS. At a 0.44 correlation, their price movements are largely independent.

Performance

TT vs. MAS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Trane Technologies plc (TT) and Masco Corporation (MAS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with TT having a 18.29% return and MAS slightly lower at 17.72%. Over the past 10 years, TT has outperformed MAS with an annualized return of 23.76%, while MAS has yielded a comparatively lower 10.99% annualized return.

TT

• 1D: -0.41%
• 1M: -1.57%
• YTD: 18.29%
• 6M: 17.69%
• 1Y: 9.76%
• 3Y*: 37.71%
• 5Y*: 21.39%
• 10Y*: 23.76%

MAS

• 1D: 0.38%
• 1M: 14.19%
• YTD: 17.72%
• 6M: 16.83%
• 1Y: 21.87%
• 3Y*: 11.75%
• 5Y*: 6.70%
• 10Y*: 10.99%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TT vs. MAS - 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%
MAS Masco Corporation	17.72%	-10.92%	10.04%	46.56%	-32.09%	29.61%	15.78%	66.27%	-32.70%	40.55%

Correlation

The correlation between TT and MAS is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (10Y) Calculated over the trailing 10-year period	0.55
Correlation (All Time) Calculated using the full available price history since Jul 1, 1985	0.44

The correlation between TT and MAS shifts across timeframes, from 0.40 (1 year) to 0.55 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TT : $102.24B MAS : $15.02B
EPS TT : $12.94 MAS : $4.02
PE Ratio TT : 35.43 MAS : 18.39
PEG Ratio TT : 1.62 MAS : 0.56
PS Ratio TT : 4.75 MAS : 2.00
Total Revenue (TTM) TT : $21.60B MAS : $7.68B
Gross Profit (TTM) TT : $7.76B MAS : $2.72B
EBITDA (TTM) TT : $4.25B MAS : $1.39B

Return for Risk

TT vs. MAS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TT

TT Risk / Return Rank: 51
TT Sharpe Ratio Rank: 54
TT Sortino Ratio Rank: 47
TT Omega Ratio Rank: 47
TT Calmar Ratio Rank: 54
TT Martin Ratio Rank: 53

MAS

MAS Risk / Return Rank: 59
MAS Sharpe Ratio Rank: 62
MAS Sortino Ratio Rank: 59
MAS Omega Ratio Rank: 55
MAS Calmar Ratio Rank: 60
MAS Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TT vs. MAS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Trane Technologies plc (TT) and Masco Corporation (MAS). 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	MAS	Difference
Sharpe ratio: Return per unit of total volatility	0.33	0.56	-0.23
Sortino ratio: Return per unit of downside risk	0.63	1.12	-0.48
Omega ratio: Gain probability vs. loss probability	1.08	1.12	-0.04
Calmar ratio: Return relative to maximum drawdown	0.45	0.75	-0.30
Martin ratio: Return relative to average drawdown	0.89	1.54	-0.65

TT vs. MAS - Sharpe Ratio Comparison

The current TT Sharpe Ratio is 0.33, which is lower than the MAS Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of TT and MAS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TT vs. MAS - Drawdown Comparison

The maximum TT drawdown since its inception was -77.91%, smaller than the maximum MAS drawdown of -88.75%. Use the drawdown chart below to compare losses from any high point for TT and MAS.

Drawdown Indicators

	TT	MAS	Difference
Max Drawdown Largest peak-to-trough decline	-77.91%	-88.75%	+10.84%
Max Drawdown (1Y) Largest decline over 1 year	-19.97%	-24.38%	+4.41%
Max Drawdown (3Y) Largest decline over 3 years	-24.44%	-30.95%	+6.51%
Max Drawdown (5Y) Largest decline over 5 years	-40.53%	-37.95%	-2.58%
Max Drawdown (10Y) Largest decline over 10 years	-51.13%	-44.83%	-6.30%
Current Drawdown Current decline from peak	-6.75%	-10.89%	+4.14%
Average Drawdown Average peak-to-trough decline	-14.83%	-23.63%	+8.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.12%	11.82%	-1.70%

Volatility

TT vs. MAS - Volatility Comparison

The current volatility for Trane Technologies plc (TT) is 9.05%, while Masco Corporation (MAS) has a volatility of 9.83%. This indicates that TT experiences smaller price fluctuations and is considered to be less risky than MAS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TT	MAS	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.05%	9.83%	-0.78%
Volatility (6M) Calculated over the trailing 6-month period	21.82%	25.92%	-4.10%
Volatility (1Y) Calculated over the trailing 1-year period	27.50%	32.41%	-4.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.38%	30.03%	-2.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.34%	29.44%	-1.10%

Dividends

TT vs. MAS - Dividend Comparison

TT's dividend yield for the trailing twelve months is around 0.87%, less than MAS's 1.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MAS Masco Corporation	1.70%	1.95%	1.60%	1.70%	2.40%	1.20%	0.99%	1.03%	1.49%	0.92%	1.22%	12.68%
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. MAS - Profitability Comparison

The chart below illustrates the profitability comparison between Trane Technologies plc and Masco Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

MAS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Masco Corporation reported a gross profit of 686.00M and revenue of 1.92B. Therefore, the gross margin over that period was 35.8%.

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%.

MAS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Masco Corporation reported an operating income of 316.00M and revenue of 1.92B, resulting in an operating margin of 16.5%.

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%.

MAS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Masco Corporation reported a net income of 213.00M and revenue of 1.92B, resulting in a net margin of 11.1%.

Frequently Asked Questions

Can I hold both TT and MAS in my portfolio?

TT and MAS have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TT or MAS?

MAS has higher volatility (9.83%) compared to TT (9.05%). In terms of maximum drawdown, TT dropped -77.91% vs MAS's -88.75%.

Which has better risk-adjusted returns?

MAS currently has the higher Sharpe Ratio (0.56 vs 0.33), 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.