Trane Technologies TT
NYSE TT
$444.15 -1.85 (-0.41%)
As of: Sep 9, 2026 · 3:59 PM EDT

Trane Technologies (TT) Debt Ratio (2009 - 2026)

Trane Technologies (TT) posted Debt Ratio of 0.19 for Q2 2026, down 4.88% on a QoQ basis from 0.2 in Q1 2026, and down 12.23% year-over-year from 0.22 in Q2 2025.

Analysis

Trane Technologies (TT) Debt Ratio (2009 - 2026) Analysis & Trends

Trane Technologies has reported Debt Ratio for 18 years, with the latest figure at 0.19 in Q2 2026.

  • On a quarterly basis, Debt Ratio fell 12.23% year-over-year to 0.19 in Q2 2026; TTM through Jun 2026 was 0.19, a 12.23% decrease from a year earlier, with the FY2025 full-year figure at 0.22, down 9.01% from the prior year.
  • Debt Ratio was 0.19 for Q2 2026 at Trane Technologies, down from 0.2 in the prior quarter.
  • The five-year high for Debt Ratio was 0.27 in Q1 2022, with the low at 0.19 in Q2 2026.
  • Average Debt Ratio over 5 years is 0.25, with a median of 0.25 recorded in 2024.
  • The sharpest annual moves came in 2022 and 2025: Debt Ratio climbed 2.53% in 2022, then retreated 15.7% in 2025.
  • Over 5 years, Debt Ratio stood at 0.27 in 2022, then declined by 7.85% to 0.25 in 2023, then declined by 3.94% to 0.24 in 2024, then retreated by 9.01% to 0.22 in 2025, then decreased by 10.44% to 0.19 in 2026.
  • The last three Debt Ratio figures came in at 0.19 (Q2 2026), 0.2 (Q1 2026), and 0.22 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Trane Technologies 98.27 Bn 96.95 Bn 2.26 Bn 0.19
2 Johnson Controls International 87.97 Bn 87.32 Bn 2.47 Bn 0.26
3 Comfort Systems Usa 56.85 Bn 55.00 Bn 844.23 Mn 0.01
4 Carrier Global 47.99 Bn 46.64 Bn 1.94 Bn 0.32
5 Lennox International 13.02 Bn 12.97 Bn 539.50 Mn 0.35
6 Modine Manufacturing 9.82 Bn 9.75 Bn - 0.16
7 SPX Technologies 9.64 Bn 9.48 Bn 272.80 Mn 0.17
8 Smith A O 7.92 Bn 7.74 Bn 387.80 Mn 0.17
9 Aaon 6.32 Bn 6.32 Bn 152.49 Mn 0.23
10 Csw Industrials 4.90 Bn 4.87 Bn - 0.38
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.19
Mar 31, 2026 0.20
Dec 31, 2025 0.22
Sep 30, 2025 0.22
Jun 30, 2025 0.22
Mar 31, 2025 0.24
Dec 31, 2024 0.24
Sep 30, 2024 0.25
Jun 30, 2024 0.26
Mar 31, 2024 0.25
Dec 31, 2023 0.25
Sep 30, 2023 0.26
Jun 30, 2023 0.27
Mar 31, 2023 0.27
Dec 31, 2022 0.27
Sep 30, 2022 0.27
Jun 30, 2022 0.27
Mar 31, 2022 0.27
Dec 31, 2021 0.27
Sep 30, 2021 0.27