INIO vs. TT: Innio vs. Trane Technologies Stock Comparison
How do Innio (INIO) 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
Innio (INIO) and Trane Technologies (TT) both fall under the Capital Goods industry group, but INIO is classified in Electrical Equipment while TT is classified in Building Products.
Trane Technologies (TT) has been public since March 17, 1980, giving it decades of market history across multiple cycles, while Innio (INIO) listed only on June 8, 2026 and lacks comparable through-cycle data.
| Profile Item | INIO | TT |
|---|---|---|
| Name | Innio N.V. | Trane Technologies plc |
| Country/Region | Germany | Ireland |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Electrical Equipment | Building Products |
| GICS Sub-Industry | Heavy Electrical Equipment | Building Products |
| Market Capitalization | 10.33 billion USD | 87.94 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | June 8, 2026 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | INIO | TT |
|---|---|---|
| Total Return (1Y) | -- | -2.56% |
| Total Return (3Y, Annualized) | -- | 25.06% |
| Total Return (5Y, Annualized) | -- | 18.70% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Innio (INIO) reports a negative beta of -1.88, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Trane Technologies (TT) has a non-negative beta of 1.18.
| Metric | INIO | TT |
|---|---|---|
| Volatility (1Y, Annualized) | 94.54% | 30.26% |
| Beta (5Y) | -1.88 | 1.18 |
| Max Drawdown (5Y) | -67.59% | -39.76% |
| Avg. Volume (3M) | 5.43M | 1.24M |
Risk-Adjusted Performance
Risk-Return Positioning
Both INIO and TT need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | INIO | TT |
|---|---|---|
| Sharpe Ratio (1Y) | -- | -0.23 |
| Sortino Ratio (1Y) | -- | -0.31 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Trane Technologies (TT) earns 36.94% on shareholders’ equity, ranked against its industry; Innio (INIO) has no ROE this period.
INIO
Capital Goods industry group
--
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
- INIO
- --
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)
Trane Technologies (TT) at 13.56% retains a top-quartile share of revenue as profit, ahead of Innio (INIO) at 2.71%, which keeps about the industry-typical share.
INIO
Capital Goods industry group
2.71%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- INIO
- 2.71%
- 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)
Trane Technologies (TT) at 19.85% operates in the top operating margin quartile, ahead of Innio (INIO) at 16.58%, which runs around its industry’s norm.
INIO
Capital Goods industry group
16.58%
- Max
- 36.60%
- Q3
- 18.33%
- INIO
- 16.58%
- 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 | INIO | TT |
|---|---|---|
| ROE (TTM) | -- | 36.94% |
| ROA (TTM) | -- | 11.42% |
| Net Margin (TTM) | 2.71% | 13.56% |
| Operating Margin (TTM) | 16.58% | 19.85% |
| Gross Margin (TTM) | 33.08% | 34.99% |
Growth
Revenue Growth
Innio (INIO) at 22.13% sits in the top revenue growth quartile, while Trane Technologies (TT) at 7.48% is closer to the peer norm — faster top-line expansion for INIO.
EPS Growth
Innio (INIO) at 59.26% 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 INIO.
Growth Metrics
| Metric | INIO | TT |
|---|---|---|
| Revenue Growth (YoY) | 22.13% | 7.48% |
| Revenue Growth (3Y CAGR) | -- | 10.06% |
| EPS Growth (YoY) | 59.26% | 15.48% |
| EPS Growth (3Y CAGR) | -- | 20.17% |
Financial Strength
Current Ratio (MRQ)
Both Innio (INIO) at 1.27 and Trane Technologies (TT) at 1.12 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
INIO
Capital Goods industry group
1.27
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- INIO
- 1.27
- 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)
Trane Technologies (TT) at 0.46 is near its industry mid-range for debt-to-equity ratio, while Innio (INIO) at 8.53 sits above its benchmark range, pointing to a heavier debt load relative to equity.
INIO
Capital Goods industry group
8.53
- INIO
- 8.53
- Max
- 2.33
- Q3
- 1.12
- 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 | INIO | TT |
|---|---|---|
| Current Ratio (MRQ) | 1.27 | 1.12 |
| Debt / Equity (MRQ) | 8.53 | 0.46 |
| Net Debt / EBITDA | 3.24 | 0.66 |
Dividends
Dividend Yield (TTM)
Innio (INIO) 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.
INIO
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- INIO
- 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%
Dividend Payout Ratio (TTM)
Innio (INIO) 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.
INIO
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- INIO
- 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%
Dividend Metrics
| Metric | INIO | TT |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.04% |
| Dividend Payout Ratio (TTM) | 0.00% | 28.42% |
Valuation
P/E Ratio (TTM)
Trane Technologies (TT) at 27.92 is near its industry’s usual P/E ratio, while Innio (INIO) at 105.92 sits above its peer range — an unusually expensive price for INIO’s trailing earnings.
INIO
Capital Goods industry group
105.92
- INIO
- 105.92
- Max
- 59.38
- 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)
Innio (INIO) at 2.94 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.
INIO
Capital Goods industry group
2.94
- Max
- 7.54
- Q3
- 3.76
- INIO
- 2.94
- 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 look rich against book: Trane Technologies (TT) at 9.66 sits in the upper P/B ratio quartile, and Innio (INIO) at 30.53 prices even higher, above its industry range.
INIO
Capital Goods industry group
30.53
- INIO
- 30.53
- Max
- 9.66
- 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 | INIO | TT |
|---|---|---|
| P/E Ratio (TTM) | 105.92 | 27.92 |
| P/S Ratio (TTM) | 2.94 | 3.79 |
| P/B Ratio (MRQ) | 30.53 | 9.66 |
| Free Cash Flow Yield (TTM) | -- | 3.94% |