JCI vs. TT: Johnson Controls vs. Trane Technologies Stock Comparison

November 11, 2026

How do Johnson Controls (JCI) 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

Johnson Controls (JCI) and Trane Technologies (TT) are both classified in the Building Products sub-industry within the broader Building Products industry, placing them in the closest GICS peer bucket.

Company profile comparison for Johnson Controls (JCI) and Trane Technologies (TT)
Profile Item	JCI	TT
Name	Johnson Controls International plc	Trane Technologies plc
Country/Region	Ireland	Ireland
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Building Products	Building Products
GICS Sub-Industry	Building Products	Building Products
Market Capitalization	81.79 billion USD	87.94 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	September 28, 1987	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

JCI

GSPC

Johnson Controls (JCI) 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 Johnson Controls (JCI) and Trane Technologies (TT). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Johnson Controls (JCI) and Trane Technologies (TT)
Metric	JCI	TT
Total Return (1Y)	17.11%	-2.56%
Total Return (3Y, Annualized)	43.46%	25.06%
Total Return (5Y, Annualized)	15.29%	18.70%

Risk Profile

Drawdown History

JCI

GSPC

Johnson Controls (JCI) 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 Johnson Controls (JCI) and Trane Technologies (TT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Johnson Controls (JCI) and Trane Technologies (TT)
Metric	JCI	TT
Volatility (1Y, Annualized)	32.91%	30.26%
Beta (5Y)	1.29	1.18
Max Drawdown (5Y)	-42.32%	-39.76%
Avg. Volume (3M)	3.57M	1.24M

Risk-Adjusted Performance

Risk-Return Positioning

JCI 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 Johnson Controls (JCI) and Trane Technologies (TT)
Metric	JCI	TT
Sharpe Ratio (1Y)	0.39	-0.23
Sortino Ratio (1Y)	0.54	-0.31

Profitability

ROE (TTM)

Both Johnson Controls (JCI) at 21.73% and Trane Technologies (TT) at 36.94% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

JCI

Capital Goods industry group

21.73%

Max: 40.55%
JCI: 21.73%
Q3: 19.29%
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%

Johnson Controls (JCI) 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 Johnson Controls (JCI) at 11.12%, which keeps about the industry-typical share.

JCI

Capital Goods industry group

11.12%

Max: 27.47%
Q3: 12.10%
JCI: 11.12%
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%

Johnson Controls (JCI) 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 Johnson Controls (JCI) at 17.21%, which runs around its industry’s norm.

JCI

Capital Goods industry group

17.21%

Max: 36.60%
Q3: 18.33%
JCI: 17.21%
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%

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

Profitability Metrics

Profitability metrics for Johnson Controls (JCI) and Trane Technologies (TT)
Metric	JCI	TT
ROE (TTM)	21.73%	36.94%
ROA (TTM)	6.41%	11.42%
Net Margin (TTM)	11.12%	13.56%
Operating Margin (TTM)	17.21%	19.85%
Gross Margin (TTM)	37.07%	34.99%

Growth

Revenue Growth

Both Johnson Controls (JCI) at 2.81% 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.

Johnson Controls (JCI) vs. Trane Technologies (TT): A comparison of their Revenue Growth across different time periods.

EPS Growth

Johnson Controls (JCI) at 99.60% 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 JCI.

Johnson Controls (JCI) vs. Trane Technologies (TT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Johnson Controls (JCI) and Trane Technologies (TT)
Metric	JCI	TT
Revenue Growth (YoY)	2.81%	7.48%
Revenue Growth (3Y CAGR)	4.57%	10.06%
EPS Growth (YoY)	99.60%	15.48%
EPS Growth (3Y CAGR)	31.94%	20.17%

Financial Strength

Current Ratio (MRQ)

Both Johnson Controls (JCI) at 0.90 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.

JCI

Capital Goods industry group

0.90

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
JCI: 0.90
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

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

Debt / Equity (MRQ)

Both Johnson Controls (JCI) at 0.68 and Trane Technologies (TT) at 0.46 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

JCI

Capital Goods industry group

0.68

Max: 2.33
Q3: 1.12
JCI: 0.68
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

Johnson Controls (JCI) 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 Johnson Controls (JCI) and Trane Technologies (TT)
Metric	JCI	TT
Current Ratio (MRQ)	0.90	1.12
Debt / Equity (MRQ)	0.68	0.46
Net Debt / EBITDA	1.86	0.66

Dividends

Dividend Yield (TTM)

Johnson Controls (JCI) 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.

JCI

Capital Goods industry group

0.00%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
JCI: 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%

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

Dividend Payout Ratio (TTM)

Both Johnson Controls (JCI) at 45.20% and Trane Technologies (TT) at 28.42% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

JCI

Capital Goods industry group

45.20%

Max: 67.39%
JCI: 45.20%
Q3: 28.02%
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%

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

Dividend Metrics

Dividend metrics for Johnson Controls (JCI) and Trane Technologies (TT)
Metric	JCI	TT
Dividend Yield (TTM)	0.00%	1.04%
Dividend Payout Ratio (TTM)	45.20%	28.42%

Valuation

P/E Ratio (TTM)

Both Johnson Controls (JCI) at 28.61 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.

JCI

Capital Goods industry group

28.61

Max: 59.38
Q3: 35.92
JCI: 28.61
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

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

P/S Ratio (TTM)

Johnson Controls (JCI) at 3.19 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.

JCI

Capital Goods industry group

3.19

Max: 7.54
Q3: 3.76
JCI: 3.19
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

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

P/B Ratio (MRQ)

Both Johnson Controls (JCI) at 5.99 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.

JCI

Capital Goods industry group

5.99

Max: 9.66
JCI: 5.99
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

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

Valuation Metrics

Valuation metrics for Johnson Controls (JCI) and Trane Technologies (TT)
Metric	JCI	TT
P/E Ratio (TTM)	28.61	27.92
P/S Ratio (TTM)	3.19	3.79
P/B Ratio (MRQ)	5.99	9.66
Free Cash Flow Yield (TTM)	3.81%	3.94%