HEI vs. TT: HEICO vs. Trane Technologies Stock Comparison
How do HEICO (HEI) 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
HEICO (HEI) and Trane Technologies (TT) both fall under the Capital Goods industry group, but HEI is classified in Aerospace & Defense while TT is classified in Building Products.
| Profile Item | HEI | TT |
|---|---|---|
| Name | HEICO Corporation | Trane Technologies plc |
| Country/Region | United States | Ireland |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Aerospace & Defense | Building Products |
| GICS Sub-Industry | Aerospace & Defense | Building Products |
| Market Capitalization | 46.49 billion USD | 87.94 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | HEI | TT |
|---|---|---|
| Total Return (1Y) | 6.50% | -2.56% |
| Total Return (3Y, Annualized) | 28.48% | 25.06% |
| Total Return (5Y, Annualized) | 18.19% | 18.70% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | HEI | TT |
|---|---|---|
| Volatility (1Y, Annualized) | 33.37% | 30.26% |
| Beta (5Y) | 1.06 | 1.18 |
| Max Drawdown (5Y) | -27.11% | -39.76% |
| Avg. Volume (3M) | 480.74K | 1.24M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | HEI | TT |
|---|---|---|
| Sharpe Ratio (1Y) | 0.07 | -0.23 |
| Sortino Ratio (1Y) | 0.10 | -0.31 |
Profitability
ROE (TTM)
Trane Technologies (TT) at 36.94% sits in the top ROE quartile, while HEICO (HEI) at 17.73% is closer to the peer norm — stronger capital efficiency for TT.
HEI
Capital Goods industry group
17.73%
- Max
- 40.55%
- Q3
- 19.29%
- HEI
- 17.73%
- 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 HEICO (HEI) at 16.38% 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.
HEI
Capital Goods industry group
16.38%
- Max
- 27.47%
- HEI
- 16.38%
- 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 HEICO (HEI) at 25.14% 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.
HEI
Capital Goods industry group
25.14%
- Max
- 36.60%
- HEI
- 25.14%
- 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 | HEI | TT |
|---|---|---|
| ROE (TTM) | 17.73% | 36.94% |
| ROA (TTM) | 8.50% | 11.42% |
| Net Margin (TTM) | 16.38% | 13.56% |
| Operating Margin (TTM) | 25.14% | 19.85% |
| Gross Margin (TTM) | 40.40% | 34.99% |
Growth
Revenue Growth
Both HEICO (HEI) at 16.26% 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
HEICO (HEI) at 33.52% sits in the top EPS growth quartile, while Trane Technologies (TT) at 15.48% is closer to the peer norm — faster per-share earnings growth for HEI.
Growth Metrics
| Metric | HEI | TT |
|---|---|---|
| Revenue Growth (YoY) | 16.26% | 7.48% |
| Revenue Growth (3Y CAGR) | 26.64% | 10.06% |
| EPS Growth (YoY) | 33.52% | 15.48% |
| EPS Growth (3Y CAGR) | 24.32% | 20.17% |
Financial Strength
Current Ratio (MRQ)
HEICO (HEI) at 2.72 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.
HEI
Capital Goods industry group
2.72
- Max
- 5.22
- Q3
- 2.95
- HEI
- 2.72
- Median
- 2.08
- 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 HEICO (HEI) at 0.45 and Trane Technologies (TT) at 0.46 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
HEI
Capital Goods industry group
0.45
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- HEI
- 0.45
- 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 | HEI | TT |
|---|---|---|
| Current Ratio (MRQ) | 2.72 | 1.12 |
| Debt / Equity (MRQ) | 0.45 | 0.46 |
| Net Debt / EBITDA | 1.56 | 0.66 |
Dividends
Dividend Yield (TTM)
Both HEICO (HEI) at 0.08% and Trane Technologies (TT) at 1.04% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
HEI
Capital Goods industry group
0.08%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- HEI
- 0.08%
- 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)
HEICO (HEI) at 4.17% 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.
HEI
Capital Goods industry group
4.17%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- HEI
- 4.17%
- 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 | HEI | TT |
|---|---|---|
| Dividend Yield (TTM) | 0.08% | 1.04% |
| Dividend Payout Ratio (TTM) | 4.17% | 28.42% |
Valuation
P/E Ratio (TTM)
Trane Technologies (TT) at 27.92 is near its industry’s usual P/E ratio, while HEICO (HEI) at 55.44 sits in the richer quartile — HEI needs stronger growth or earnings quality to justify the premium.
HEI
Capital Goods industry group
55.44
- Max
- 59.38
- HEI
- 55.44
- Q3
- 35.92
- 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 look expensive on sales: Trane Technologies (TT) at 3.79 sits in the upper P/S ratio quartile, and HEICO (HEI) at 8.98 prices even higher, above its industry range.
HEI
Capital Goods industry group
8.98
- HEI
- 8.98
- Max
- 7.54
- 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)
Both HEICO (HEI) at 9.40 and Trane Technologies (TT) at 9.66 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
HEI
Capital Goods industry group
9.40
- Max
- 9.66
- HEI
- 9.40
- Q3
- 5.00
- 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 | HEI | TT |
|---|---|---|
| P/E Ratio (TTM) | 55.44 | 27.92 |
| P/S Ratio (TTM) | 8.98 | 3.79 |
| P/B Ratio (MRQ) | 9.40 | 9.66 |
| Free Cash Flow Yield (TTM) | 1.82% | 3.94% |