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.
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 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
| 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 |
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_KEY
import 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();