Trane Technologies (TT) Debt Ratio (2009 - 2026)
Trane Technologies posted quarterly Debt Ratio of 0.2 for Q1 2026, down 14.47% year-on-year from 0.24 in Q1 2025, and down 5.84% on a QoQ basis from 0.22 in Q4 2025.
Trane Technologies (TT) has 18 years of Debt Ratio data on file, last reported at 0.2 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio fell 14.47% year-over-year to 0.2; the trailing twelve-month figure through Mar 2026 stood at 0.2 (down 14.47% YoY), and the FY2025 full-year result was 0.22, down 9.01% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.2, down from 0.22 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.27 in Q1 2022 and bottomed at 0.2 in Q1 2026.
- The 5-year median for Debt Ratio is 0.25 (2024), against an average of 0.25.
- The widest annual swing landed in 2022, when Debt Ratio advanced 2.53%; it then fell 15.7% in 2025.
- A 5-year view of Debt Ratio shows it stood at 0.27 in 2022, then dropped by 7.85% to 0.25 in 2023, then dropped by 3.94% to 0.24 in 2024, then fell by 9.01% to 0.22 in 2025, then decreased by 5.84% to 0.2 in 2026.
- The last three Debt Ratio figures came in at 0.2 (Q1 2026), 0.22 (Q4 2025), and 0.22 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 0.20 |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 0.24 |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 0.33 |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 0.27 |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 0.56 |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 0.48 |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 0.24 |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 0.17 |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 0.36 |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | 0.39 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.27 |
| Mar 31, 2021 | 0.28 |
| Dec 31, 2020 | 0.29 |
| Sep 30, 2020 | 0.29 |
| Jun 30, 2020 | 0.31 |
| Mar 31, 2020 | 0.32 |
| Dec 31, 2019 | 0.27 |
| Sep 30, 2019 | 0.24 |
| Jun 30, 2019 | 0.08 |
| Mar 31, 2019 | 0.09 |
| Dec 31, 2018 | 0.23 |
| Sep 30, 2018 | 0.22 |
| Jun 30, 2018 | 0.24 |
| Mar 31, 2018 | 0.06 |
| Dec 31, 2017 | 0.22 |
| Sep 30, 2017 | 0.23 |
| Jun 30, 2017 | 0.23 |
| Mar 31, 2017 | 0.24 |
| Dec 31, 2016 | 0.23 |
| Sep 30, 2016 | 0.23 |
| Jun 30, 2016 | 0.23 |
| Mar 31, 2016 | 0.26 |
| Dec 31, 2015 | 0.25 |
| Sep 30, 2015 | 0.26 |
| Jun 30, 2015 | 0.25 |
| Mar 31, 2015 | 0.26 |
| Dec 31, 2014 | 0.24 |
| Sep 30, 2014 | 0.21 |
| Jun 30, 2014 | 0.21 |
| Mar 31, 2014 | 0.21 |
| Dec 31, 2013 | 0.20 |
| Sep 30, 2013 | 0.19 |
| Jun 30, 2013 | 0.24 |
| Mar 31, 2013 | 0.17 |
| Dec 31, 2012 | 0.17 |
| Sep 30, 2012 | 0.18 |
| Jun 30, 2012 | 0.18 |
| Mar 31, 2012 | 0.19 |
| Dec 31, 2011 | 0.19 |
| Sep 30, 2011 | 0.19 |
| Jun 30, 2011 | 0.18 |
| Mar 31, 2011 | 0.18 |
| Dec 31, 2010 | 0.18 |
| Sep 30, 2010 | 0.15 |
| Jun 30, 2010 | 0.19 |
| Mar 31, 2010 | 0.20 |
| Dec 31, 2009 | 0.17 |
| Sep 30, 2009 | 0.21 |
| Jun 30, 2009 | 0.23 |