AME vs. TT: AMETEK vs. Trane Technologies Stock Comparison
How do AMETEK (AME) and Trane Technologies (TT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
AMETEK (AME) and Trane Technologies (TT) both fall under the Capital Goods industry group, but AME is classified in Electrical Equipment while TT is classified in Building Products.
| Profile Item | AME | TT |
|---|---|---|
| Name | AMETEK, Inc. | Trane Technologies plc |
| Country/Region | United States | Ireland |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Electrical Equipment | Building Products |
| GICS Sub-Industry | Electrical Components & Equipment | Building Products |
| Market Capitalization | 52.44 billion USD | 87.94 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 19, 1984 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AME | TT |
|---|---|---|
| Total Return (1Y) | 22.79% | -2.56% |
| Total Return (3Y, Annualized) | 18.31% | 25.06% |
| Total Return (5Y, Annualized) | 12.17% | 18.70% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AME | TT |
|---|---|---|
| Volatility (1Y, Annualized) | 24.96% | 30.26% |
| Beta (5Y) | 0.96 | 1.18 |
| Max Drawdown (5Y) | -27.06% | -39.76% |
| Avg. Volume (3M) | 1.45M | 1.24M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AME | TT |
|---|---|---|
| Sharpe Ratio (1Y) | 0.74 | -0.23 |
| Sortino Ratio (1Y) | 1.06 | -0.31 |
Profitability
ROE (TTM)
Trane Technologies (TT) at 36.94% sits in the top ROE quartile, while AMETEK (AME) at 14.68% is closer to the peer norm — stronger capital efficiency for TT.
AME
Capital Goods industry group
14.68%
- Max
- 40.55%
- Q3
- 19.29%
- AME
- 14.68%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
TT
Capital Goods industry group
36.94%
- Max
- 40.55%
- TT
- 36.94%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
For every dollar of sales, both AMETEK (AME) at 19.91% and Trane Technologies (TT) at 13.56% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
AME
Capital Goods industry group
19.91%
- Max
- 27.47%
- AME
- 19.91%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
TT
Capital Goods industry group
13.56%
- Max
- 27.47%
- TT
- 13.56%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both AMETEK (AME) at 26.38% and Trane Technologies (TT) at 19.85% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
AME
Capital Goods industry group
26.38%
- Max
- 36.60%
- AME
- 26.38%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
TT
Capital Goods industry group
19.85%
- Max
- 36.60%
- TT
- 19.85%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | AME | TT |
|---|---|---|
| ROE (TTM) | 14.68% | 36.94% |
| ROA (TTM) | 7.06% | 11.42% |
| Net Margin (TTM) | 19.91% | 13.56% |
| Operating Margin (TTM) | 26.38% | 19.85% |
| Gross Margin (TTM) | 36.97% | 34.99% |
Growth
Revenue Growth
Both AMETEK (AME) at 6.63% and Trane Technologies (TT) at 7.48% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both AMETEK (AME) at 7.93% and Trane Technologies (TT) at 15.48% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | AME | TT |
|---|---|---|
| Revenue Growth (YoY) | 6.63% | 7.48% |
| Revenue Growth (3Y CAGR) | 6.36% | 10.06% |
| EPS Growth (YoY) | 7.93% | 15.48% |
| EPS Growth (3Y CAGR) | 8.50% | 20.17% |
Financial Strength
Current Ratio (MRQ)
AMETEK (AME) at 1.43 keeps current ratio within its industry’s typical mid-range, while Trane Technologies (TT) at 1.12 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for TT.
AME
Capital Goods industry group
1.43
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- AME
- 1.43
- Q1
- 1.43
- Min
- 0.36
TT
Capital Goods industry group
1.12
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- TT
- 1.12
- Min
- 0.36
Debt / Equity (MRQ)
Both AMETEK (AME) at 0.60 and Trane Technologies (TT) at 0.46 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
AME
Capital Goods industry group
0.60
- Max
- 2.33
- Q3
- 1.12
- AME
- 0.60
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
TT
Capital Goods industry group
0.46
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- TT
- 0.46
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | AME | TT |
|---|---|---|
| Current Ratio (MRQ) | 1.43 | 1.12 |
| Debt / Equity (MRQ) | 0.60 | 0.46 |
| Net Debt / EBITDA | 2.41 | 0.66 |
Dividends
Dividend Yield (TTM)
Both AMETEK (AME) at 0.60% and Trane Technologies (TT) at 1.04% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
AME
Capital Goods industry group
0.60%
- Max
- 2.66%
- Q3
- 1.14%
- AME
- 0.60%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
TT
Capital Goods industry group
1.04%
- Max
- 2.66%
- Q3
- 1.14%
- TT
- 1.04%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
AMETEK (AME) at 18.76% pays out a band-typical share of earnings, while Trane Technologies (TT) at 28.42% distributes more than its industry norm — less retained, thinner cover.
AME
Capital Goods industry group
18.76%
- Max
- 67.39%
- Q3
- 28.02%
- AME
- 18.76%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
TT
Capital Goods industry group
28.42%
- Max
- 67.39%
- TT
- 28.42%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AME | TT |
|---|---|---|
| Dividend Yield (TTM) | 0.60% | 1.04% |
| Dividend Payout Ratio (TTM) | 18.76% | 28.42% |
Valuation
P/E Ratio (TTM)
Both AMETEK (AME) at 32.25 and Trane Technologies (TT) at 27.92 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
AME
Capital Goods industry group
32.25
- Max
- 59.38
- Q3
- 35.92
- AME
- 32.25
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
TT
Capital Goods industry group
27.92
- Max
- 59.38
- Q3
- 35.92
- TT
- 27.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Both AMETEK (AME) at 6.40 and Trane Technologies (TT) at 3.79 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
AME
Capital Goods industry group
6.40
- Max
- 7.54
- AME
- 6.40
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
TT
Capital Goods industry group
3.79
- Max
- 7.54
- TT
- 3.79
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
AMETEK (AME) at 4.48 is valued about in line with its industry on P/B ratio, while Trane Technologies (TT) at 9.66 carries an above-peer premium to book — TT is pricier on assets.
AME
Capital Goods industry group
4.48
- Max
- 9.66
- Q3
- 5.00
- AME
- 4.48
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
TT
Capital Goods industry group
9.66
- TT
- 9.66
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | AME | TT |
|---|---|---|
| P/E Ratio (TTM) | 32.25 | 27.92 |
| P/S Ratio (TTM) | 6.40 | 3.79 |
| P/B Ratio (MRQ) | 4.48 | 9.66 |
| Free Cash Flow Yield (TTM) | 2.89% | 3.94% |