GNRC vs. TT: Generac vs. Trane Technologies Stock Comparison

November 11, 2026

How do Generac (GNRC) 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

Generac (GNRC) and Trane Technologies (TT) both fall under the Capital Goods industry group, but GNRC is classified in Electrical Equipment while TT is classified in Building Products.

Company profile comparison for Generac (GNRC) and Trane Technologies (TT)
Profile Item	GNRC	TT
Name	Generac Holdings 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	10.43 billion USD	87.94 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	February 11, 2010	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

GNRC

GSPC

Generac (GNRC) vs. Trane Technologies (TT), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Generac (GNRC) and Trane Technologies (TT). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Generac (GNRC) and Trane Technologies (TT). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Generac (GNRC) and Trane Technologies (TT)
Metric	GNRC	TT
Total Return (1Y)	23.38%	-2.56%
Total Return (3Y, Annualized)	23.05%	25.06%
Total Return (5Y, Annualized)	-15.31%	18.70%

Risk Profile

Drawdown History

GNRC

GSPC

Generac (GNRC) vs. Trane Technologies (TT), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Generac (GNRC) and Trane Technologies (TT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Generac (GNRC) and Trane Technologies (TT)
Metric	GNRC	TT
Volatility (1Y, Annualized)	59.48%	30.26%
Beta (5Y)	1.84	1.18
Max Drawdown (5Y)	-81.73%	-39.76%
Avg. Volume (3M)	1.22M	1.24M

Risk-Adjusted Performance

Risk-Return Positioning

GNRC and TT are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Generac (GNRC) and Trane Technologies (TT)
Metric	GNRC	TT
Sharpe Ratio (1Y)	0.32	-0.23
Sortino Ratio (1Y)	0.50	-0.31

Profitability

ROE (TTM)

Trane Technologies (TT) at 36.94% sits in the top ROE quartile, while Generac (GNRC) at 10.64% is closer to the peer norm — stronger capital efficiency for TT.

GNRC

Capital Goods industry group

10.64%

Max: 40.55%
Q3: 19.29%
Median: 12.12%
GNRC: 10.64%
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%

Generac (GNRC) vs. Trane Technologies (TT): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Trane Technologies (TT) at 13.56% retains a top-quartile share of revenue as profit, ahead of Generac (GNRC) at 6.52%, which keeps about the industry-typical share.

GNRC

Capital Goods industry group

6.52%

Max: 27.47%
Q3: 12.10%
GNRC: 6.52%
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%

Generac (GNRC) vs. Trane Technologies (TT): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Trane Technologies (TT) at 19.85% operates in the top operating margin quartile, ahead of Generac (GNRC) at 11.67%, which runs around its industry’s norm.

GNRC

Capital Goods industry group

11.67%

Max: 36.60%
Q3: 18.33%
GNRC: 11.67%
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%

Generac (GNRC) vs. Trane Technologies (TT): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Generac (GNRC) and Trane Technologies (TT)
Metric	GNRC	TT
ROE (TTM)	10.64%	36.94%
ROA (TTM)	4.24%	11.42%
Net Margin (TTM)	6.52%	13.56%
Operating Margin (TTM)	11.67%	19.85%
Gross Margin (TTM)	38.18%	34.99%

Growth

Revenue Growth

Trane Technologies (TT) at 7.48% is around its peer norm for revenue growth, while Generac (GNRC) at -2.02% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Generac (GNRC) vs. Trane Technologies (TT): A comparison of their Revenue Growth across different time periods.

EPS Growth

Trane Technologies (TT) at 15.48% is around its peer norm for EPS growth, while Generac (GNRC) at -50.09% drops into the bottom quartile, signaling weaker earnings momentum.

Generac (GNRC) vs. Trane Technologies (TT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Generac (GNRC) and Trane Technologies (TT)
Metric	GNRC	TT
Revenue Growth (YoY)	-2.02%	7.48%
Revenue Growth (3Y CAGR)	-2.67%	10.06%
EPS Growth (YoY)	-50.09%	15.48%
EPS Growth (3Y CAGR)	-20.83%	20.17%

Financial Strength

Current Ratio (MRQ)

Generac (GNRC) at 1.97 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.

GNRC

Capital Goods industry group

1.97

Max: 5.22
Q3: 2.95
Median: 2.08
GNRC: 1.97
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

Generac (GNRC) vs. Trane Technologies (TT): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Generac (GNRC) at 0.47 and Trane Technologies (TT) at 0.46 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

GNRC

Capital Goods industry group

0.47

Max: 2.33
Q3: 1.12
Median: 0.60
GNRC: 0.47
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

Generac (GNRC) vs. Trane Technologies (TT): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Generac (GNRC) and Trane Technologies (TT)
Metric	GNRC	TT
Current Ratio (MRQ)	1.97	1.12
Debt / Equity (MRQ)	0.47	0.46
Net Debt / EBITDA	1.65	0.66

Dividends

Dividend Yield (TTM)

Generac (GNRC) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Trane Technologies (TT) reports a yield of 1.04%, ranking against industry peers normally.

GNRC

Capital Goods industry group

0.00%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
GNRC: 0.00%
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%

Generac (GNRC) vs. Trane Technologies (TT): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Generac (GNRC) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Trane Technologies (TT) reports a payout of 28.42%, ranking against industry peers normally.

GNRC

Capital Goods industry group

0.00%

Max: 67.39%
Q3: 28.02%
Median: 6.86%
GNRC: 0.00%
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%

Generac (GNRC) vs. Trane Technologies (TT): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Generac (GNRC) and Trane Technologies (TT)
Metric	GNRC	TT
Dividend Yield (TTM)	0.00%	1.04%
Dividend Payout Ratio (TTM)	0.00%	28.42%

Valuation

P/E Ratio (TTM)

Both Generac (GNRC) at 34.87 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.

GNRC

Capital Goods industry group

34.87

Max: 59.38
Q3: 35.92
GNRC: 34.87
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

Generac (GNRC) vs. Trane Technologies (TT): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Generac (GNRC) at 2.26 is priced about in line with its industry on P/S ratio, while Trane Technologies (TT) at 3.79 sits in the pricier quartile — TT costs more per dollar of sales.

GNRC

Capital Goods industry group

2.26

Max: 7.54
Q3: 3.76
GNRC: 2.26
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

Generac (GNRC) vs. Trane Technologies (TT): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Generac (GNRC) at 3.46 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.

GNRC

Capital Goods industry group

3.46

Max: 9.66
Q3: 5.00
GNRC: 3.46
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

Generac (GNRC) vs. Trane Technologies (TT): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Generac (GNRC) and Trane Technologies (TT)
Metric	GNRC	TT
P/E Ratio (TTM)	34.87	27.92
P/S Ratio (TTM)	2.26	3.79
P/B Ratio (MRQ)	3.46	9.66
Free Cash Flow Yield (TTM)	3.21%	3.94%