PWR vs. TT: Quanta Services vs. Trane Technologies Stock Comparison

November 11, 2026

How do Quanta Services (PWR) 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

Quanta Services (PWR) and Trane Technologies (TT) both fall under the Capital Goods industry group, but PWR is classified in Construction & Engineering while TT is classified in Building Products.

Company profile comparison for Quanta Services (PWR) and Trane Technologies (TT)
Profile Item	PWR	TT
Name	Quanta Services, Inc.	Trane Technologies plc
Country/Region	United States	Ireland
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Construction & Engineering	Building Products
GICS Sub-Industry	Construction & Engineering	Building Products
Market Capitalization	81.50 billion USD	87.94 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	February 12, 1998	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

PWR

GSPC

Quanta Services (PWR) 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 Quanta Services (PWR) and Trane Technologies (TT). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Quanta Services (PWR) and Trane Technologies (TT)
Metric	PWR	TT
Total Return (1Y)	32.97%	-2.56%
Total Return (3Y, Annualized)	51.81%	25.06%
Total Return (5Y, Annualized)	38.19%	18.70%

Risk Profile

Drawdown History

PWR

GSPC

Quanta Services (PWR) 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 Quanta Services (PWR) and Trane Technologies (TT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Quanta Services (PWR) and Trane Technologies (TT)
Metric	PWR	TT
Volatility (1Y, Annualized)	50.22%	30.26%
Beta (5Y)	1.29	1.18
Max Drawdown (5Y)	-35.15%	-39.76%
Avg. Volume (3M)	1.19M	1.24M

Risk-Adjusted Performance

Risk-Return Positioning

PWR 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 Quanta Services (PWR) and Trane Technologies (TT)
Metric	PWR	TT
Sharpe Ratio (1Y)	0.57	-0.23
Sortino Ratio (1Y)	0.87	-0.31

Profitability

ROE (TTM)

Trane Technologies (TT) at 36.94% sits in the top ROE quartile, while Quanta Services (PWR) at 18.02% is closer to the peer norm — stronger capital efficiency for TT.

PWR

Capital Goods industry group

18.02%

Max: 40.55%
Q3: 19.29%
PWR: 18.02%
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%

Quanta Services (PWR) 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 Quanta Services (PWR) at 4.51%, which keeps about the industry-typical share.

PWR

Capital Goods industry group

4.51%

Max: 27.47%
Q3: 12.10%
Median: 6.30%
PWR: 4.51%
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%

Quanta Services (PWR) 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 Quanta Services (PWR) at 8.63%, which runs around its industry’s norm.

PWR

Capital Goods industry group

8.63%

Max: 36.60%
Q3: 18.33%
Median: 11.12%
PWR: 8.63%
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%

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

Profitability Metrics

Profitability metrics for Quanta Services (PWR) and Trane Technologies (TT)
Metric	PWR	TT
ROE (TTM)	18.02%	36.94%
ROA (TTM)	5.72%	11.42%
Net Margin (TTM)	4.51%	13.56%
Operating Margin (TTM)	8.63%	19.85%
Gross Margin (TTM)	15.76%	34.99%

Growth

Revenue Growth

Quanta Services (PWR) at 20.31% 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 PWR.

Quanta Services (PWR) vs. Trane Technologies (TT): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Quanta Services (PWR) at 12.77% 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.

Quanta Services (PWR) vs. Trane Technologies (TT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Quanta Services (PWR) and Trane Technologies (TT)
Metric	PWR	TT
Revenue Growth (YoY)	20.31%	7.48%
Revenue Growth (3Y CAGR)	18.60%	10.06%
EPS Growth (YoY)	12.77%	15.48%
EPS Growth (3Y CAGR)	27.00%	20.17%

Financial Strength

Current Ratio (MRQ)

Both Quanta Services (PWR) at 1.16 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.

PWR

Capital Goods industry group

1.16

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
PWR: 1.16
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

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

Debt / Equity (MRQ)

Both Quanta Services (PWR) at 0.71 and Trane Technologies (TT) at 0.46 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

PWR

Capital Goods industry group

0.71

Max: 2.33
Q3: 1.12
PWR: 0.71
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

Quanta Services (PWR) 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 Quanta Services (PWR) and Trane Technologies (TT)
Metric	PWR	TT
Current Ratio (MRQ)	1.16	1.12
Debt / Equity (MRQ)	0.71	0.46
Net Debt / EBITDA	1.43	0.66

Dividends

Dividend Yield (TTM)

Both Quanta Services (PWR) at 0.09% and Trane Technologies (TT) at 1.04% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

PWR

Capital Goods industry group

0.09%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
PWR: 0.09%
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%

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

Dividend Payout Ratio (TTM)

Quanta Services (PWR) at 3.98% 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.

PWR

Capital Goods industry group

3.98%

Max: 67.39%
Q3: 28.02%
Median: 6.86%
PWR: 3.98%
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%

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

Dividend Metrics

Dividend metrics for Quanta Services (PWR) and Trane Technologies (TT)
Metric	PWR	TT
Dividend Yield (TTM)	0.09%	1.04%
Dividend Payout Ratio (TTM)	3.98%	28.42%

Valuation

P/E Ratio (TTM)

Trane Technologies (TT) at 27.92 is near its industry’s usual P/E ratio, while Quanta Services (PWR) at 48.95 sits in the richer quartile — PWR needs stronger growth or earnings quality to justify the premium.

PWR

Capital Goods industry group

48.95

Max: 59.38
PWR: 48.95
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

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

P/S Ratio (TTM)

Quanta Services (PWR) at 2.19 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.

PWR

Capital Goods industry group

2.19

Max: 7.54
Q3: 3.76
PWR: 2.19
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

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

P/B Ratio (MRQ)

Both Quanta Services (PWR) at 7.73 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.

PWR

Capital Goods industry group

7.73

Max: 9.66
PWR: 7.73
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

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

Valuation Metrics

Valuation metrics for Quanta Services (PWR) and Trane Technologies (TT)
Metric	PWR	TT
P/E Ratio (TTM)	48.95	27.92
P/S Ratio (TTM)	2.19	3.79
P/B Ratio (MRQ)	7.73	9.66
Free Cash Flow Yield (TTM)	3.78%	3.94%