Allison Transmission (ALSN) vs Trane Technologies (TT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Allison Transmission (ALSN) has outperformed Trane Technologies (TT) over the past year, gaining 32.3% versus a gain of 10.2%. Over five years, ALSN leads with a +215.5% price change compared with +170.1% for TT. Trane Technologies is the larger company by market cap ($103.40 billion vs $9.01 billion), about 11.5 times the size.
On valuation, Allison Transmission trades at a lower forward P/E (9.7x vs 26.7x for Trane Technologies). Allison Transmission offers the higher dividend yield (1.03% vs 0.85%). Allison Transmission converts more of its revenue into profit, with a net margin of 20.7% versus 13.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ALSN | TT |
|---|---|---|
| Share price | $109.11 | $469.94 |
| Market cap | $9.01B | $103.40B |
| 1-day change | -1.49% | +0.57% |
| YTD return | +13.14% | +20.75% |
| 1-year return | +32.35% | +10.22% |
| 5-year return | +215.47% | +170.08% |
| P/E ratio (TTM) | 17.35 | 35.02 |
| Forward P/E | 9.69 | 26.72 |
| EPS (TTM) | $6.29 | $13.42 |
| Dividend yield | 1.03% | 0.85% |
| Annual dividend | $1.12 | $3.98 |
| Revenue (latest FY) | $3.01B | $21.32B |
| Revenue growth (YoY) | -6.67% | +7.48% |
| Net income (latest FY) | $623.00M | $2.92B |
| Gross margin | 48.60% | — |
| Operating margin | 29.24% | 18.61% |
| Net margin | 20.70% | 13.69% |
| 52-week high | $137.62 | $505.87 |
| 52-week low | $76.01 | $348.06 |
| Distance from 52-week high | -20.72% | -7.10% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +28.98% | +12.07% |
| Average volume | 805.92K | 1.15M |
| Shares outstanding | 82.58M | 220.02M |
| Employees | 4,000 | 44,000 |
| Sector | Consumer Discretionary | Industrials |
| Industry | Auto Parts:O.E.M. | Auto Parts:O.E.M. |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Trane Technologies is about 11.5 times larger than Allison Transmission by market value ($103.40B vs $9.01B).
- ALSN has outperformed TT by 22.1 percentage points over the past year.
- Trane Technologies trades at a higher earnings multiple (35.0x vs 17.3x trailing P/E).
- Allison Transmission is more profitable, keeping 20.7 cents of every revenue dollar as net income versus 13.7 cents for Trane Technologies.
- Trane Technologies grew revenue faster in its latest fiscal year (+7.48% vs -6.67%).
- The two companies sit in different sectors: Allison Transmission in Consumer Discretionary and Trane Technologies in Industrials.
About Allison Transmission
ALSN stock →Allison Transmission Holdings, Inc., together with its subsidiaries, designs, manufactures, and sells fully automatic transmissions for medium- and heavy-duty commercial vehicles and medium- and heavy-tactical U.S. defense vehicles, and electrified propulsion systems worldwide.
Consumer Discretionary · Auto Parts:O.E.M. · 4,000 employees
About Trane Technologies
TT stock →Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps; chillers; coils and condensers; auxiliary power, cold storage, and condensing units; controls contracting and commissioning, decarbonization programs, and gensets; dehumidifiers; energy and water efficiency programs; energy recovery ventilators and power solutions; energy storage; furnaces; home automation; humidifiers; HVAC performance-monitoring products; and indoor air quality assessments and related products for HVAC and transport solutions.
Industrials · Auto Parts:O.E.M. · 44,000 employees
ALSN vs TT FAQ
Which is bigger, Allison Transmission or Trane Technologies?
Trane Technologies (TT) is larger, with a market capitalization of $103.40B compared with $9.01B for Allison Transmission (ALSN).
Which stock has performed better over the past year, ALSN or TT?
ALSN returned +32.35% over the past 12 months, compared with +10.22% for TT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ALSN or TT?
ALSN has the lower trailing P/E at 17.3, versus 35.0 for TT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Allison Transmission or Trane Technologies?
Allison Transmission has the higher yield at 1.03%, compared with 0.85% for Trane Technologies.
Are Allison Transmission and Trane Technologies in the same industry?
Yes. Both are classified in the Auto Parts:O.E.M. industry within the Consumer Discretionary sector.