Trane Technologies or Johnson Controls International: Which Stock Has More Upside?
Johnson Controls International surged 25% during the past Month. You may be tempted to buy more, or may want to reduce your exposure. But there is an entirely different perspective you might be missing. Is there a better alternative? Turns out, its peer Trane Technologies gives you more. Trane Technologies (TT) stock offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs Johnson Controls International (JCI) stock, suggesting you may be better off investing in TT
- TT’s Last 12 Months revenue growth was 7.5%, vs. JCI’s 3.4%.
- In addition, its Last 3-Year Average revenue growth came in at 10.1%, ahead of JCI’s 4.8%.
- TT leads on profitability over both periods – LTM margin of 18.6% and 3-year average of 17.5%.
These differences become even clearer when you look at the financials side by side. The table highlights how JCI’s fundamentals stack up against those of TT on growth, margins, momentum, and valuation multiples.
Valuation & Performance Overview
| JCI | TT | Preferred | |
|---|---|---|---|
| Valuation | |||
| P/EBIT Ratio | 27.7 | 25.7 | TT |
| Revenue Growth | |||
| Last Quarter | 6.8% | 5.5% | JCI |
| Last 12 Months | 3.4% | 7.5% | TT |
| Last 3 Year Average | 4.8% | 10.1% | TT |
| Operating Margins | |||
| Last 12 Months | 13.2% | 18.6% | TT |
| Last 3 Year Average | 11.6% | 17.5% | TT |
| Momentum | |||
| Last 3 Year Return | 140.5% | 162.2% | TT |
Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
See more revenue details: JCI Revenue Comparison | TT Revenue Comparison
See more margin details: JCI Operating Income Comparison | TT Operating Income Comparison
- The Bear Case: How JCI Behaves During Market Shocks
- Stress Testing JCI: Historical Drawdowns and Macro Risks
- Johnson Controls International Stock To $80?
- After JCI’s 7.4% Single Day Slide, ALLE Looks Like the Stronger Long-Term Play
- JCI Lost 7.4% In A Day. Do You Buy Or Wait?
- Large Cap Stocks Trading At 52-Week High
See detailed fundamentals on Buy or Sell TT Stock and Buy or Sell JCI Stock. Below we compare market return and related metrics across years.
Historical Market Performance
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | Avg | Best | |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| JCI Return | 77% | -19% | -8% | 40% | 54% | 20% | 242% | ||
| TT Return | 41% | -15% | 47% | 53% | 6% | 20% | 244% | <=== | |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 84% | ||
| Monthly Win Rates [3] | |||||||||
| JCI Win Rate | 92% | 42% | 42% | 58% | 75% | 50% | 60% | ||
| TT Win Rate | 67% | 33% | 67% | 83% | 50% | 100% | 67% | <=== | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | 62% | ||
| Max Drawdowns [4] | |||||||||
| JCI Max Drawdown | -1% | -42% | -23% | -9% | -9% | -7% | -15% | ||
| TT Max Drawdown | -4% | -40% | -2% | -3% | -14% | -3% | -11% | ||
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | -7% | <=== | |
[1] Cumulative total returns since the beginning of 2021
[2] 2026 data is for the year up to 2/23/2026 (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
No matter how good the numbers, stock investment is never a smooth ride. There is a risk you must factor in. Read TT Dip Buyer Analyses and JCI Dip Buyer Analyses to see how these stocks have fallen and recovered in the past.
Still not sure about JCI or TT? Consider portfolio approach.
The Best Investors Think In Portfolios
Individual stocks are unpredictable. A smart portfolio helps you invest, limits downside shocks, and provides upside exposure.
Why settle for average market returns? The Trefis High Quality (HQ) Portfolio invests in a diverse group of 30 stocks that have collectively delivered stronger upside with reduced volatility compared to the broader indices. Discover the methodology behind these smoother, higher returns by checking the HQ Portfolio performance data.