Trane Technologies (TT) Capital Expenditures (2009 - 2026)
Trane Technologies' Capital Expenditures came in at $108.1 million for Q3 2026, up 58.0% from $68.4 million a year earlier and up 41.5% from the prior quarter.
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Analysis
Trane Technologies (TT) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Trane Technologies reported Capital Expenditures of $370 million, down 8.1% year-over-year; for FY2025, it was $383 million, up 3.3% from FY2024.
- Capital Expenditures has increased in each of the last five years, with a five-year compound annual growth rate of 21.2% (FY2020 to FY2025).
- Going back by year, Capital Expenditures was $370.6 million in FY2024 (+23.2%), $300.7 million in FY2023 (+3.1%), $291.8 million in FY2022 (+30.9%) and $223 million in FY2021 (+52.5%).
- The Q3 2026 figure represents the highest quarterly Capital Expenditures since Q1 2025.
- Year-over-year, Capital Expenditures increased in four of the last eight quarters, with growth averaging 10.9%.
- The fastest year-over-year change in Capital Expenditures over five years came in Q2 2022 (growth of 105.7%), and the weakest in Q1 2026 (a decline of 33.0%).
- Business Quant data shows TT's Capital Expenditures at $76.4 million (Q2 2026), $79.7 million (Q1 2026) and $105.8 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 88.43 Bn | 83.04 Bn | 2.38 Bn | 108.10 Mn |
| 2 | Johnson Controls International | 81.95 Bn | 79.68 Bn | 2.47 Bn | 95.00 Mn |
| 3 | Carrier Global | 43.09 Bn | 37.47 Bn | 1.90 Bn | 139.00 Mn |
| 4 | Comfort Systems Usa | 35.64 Bn | 29.60 Bn | 934.48 Mn | 210.60 Mn |
| 5 | Otis Worldwide | 30.11 Bn | 26.50 Bn | 1.16 Bn | 39.00 Mn |
| 6 | James Hardie Industries | 16.21 Bn | 15.14 Bn | 562.40 Mn | 68.50 Mn |
| 7 | Masco | 16.11 Bn | 13.92 Bn | 720.00 Mn | 39.00 Mn |
| 8 | Allegion | 15.72 Bn | 14.35 Bn | 548.20 Mn | 25.70 Mn |
| 9 | Carlisle Companies | 14.80 Bn | 11.71 Bn | 494.90 Mn | 36.80 Mn |
| 10 | Lennox International | 11.75 Bn | 11.57 Bn | 497.20 Mn | 33.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 108.10 Mn |
| Jun 30, 2026 | 76.40 Mn |
| Mar 31, 2026 | 79.70 Mn |
| Dec 31, 2025 | 105.80 Mn |
| Sep 30, 2025 | 68.40 Mn |
| Jun 30, 2025 | 89.90 Mn |
| Mar 31, 2025 | 118.90 Mn |
| Dec 31, 2024 | 125.60 Mn |
| Sep 30, 2024 | 88.30 Mn |
| Jun 30, 2024 | 72.90 Mn |
| Mar 31, 2024 | 83.80 Mn |
| Dec 31, 2023 | 83.50 Mn |
| Sep 30, 2023 | 83.20 Mn |
| Jun 30, 2023 | 56.90 Mn |
| Mar 31, 2023 | 77.10 Mn |
| Dec 31, 2022 | 89.00 Mn |
| Sep 30, 2022 | 58.90 Mn |
| Jun 30, 2022 | 69.10 Mn |
| Mar 31, 2022 | 74.80 Mn |
| Dec 31, 2021 | 101.40 Mn |
API Access
Trane Technologies Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=TT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "TT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();