Trane Technologies (TT) Debt Ratio (2009 - 2026)
Trane Technologies (TT) posted quarterly Debt Ratio of 0.19 for Q2 2026, down 12.23% year-over-year from 0.22 in Q2 2025, and down 4.88% quarter-over-quarter from 0.2 in Q1 2026.
Trane Technologies (TT) Debt Ratio (2009 - 2026) Analysis & Trends
Trane Technologies' Debt Ratio history runs 18 years deep, the most recent figure standing at 0.19 for Q2 2026.
- In Q2 2026, Debt Ratio fell 12.23% year-over-year to 0.19; the TTM figure through Jun 2026 stood at 0.19 (down 12.23% YoY), while the FY2025 annual figure was 0.22, down 9.01% from the prior year.
- Debt Ratio for Q2 2026 stood at 0.19, 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.
- The 5-year median for Debt Ratio is 0.25 (2024), against an average of 0.25.
- The sharpest annual moves came in 2022 and 2025: Debt Ratio gained 2.53% in 2022, then declined 15.7% in 2025.
- Trane Technologies' Debt Ratio stood at 0.27 in 2022, then slipped by 7.85% to 0.25 in 2023, then slipped by 3.94% to 0.24 in 2024, then declined by 9.01% to 0.22 in 2025, then fell by 10.44% to 0.19 in 2026.
- Business Quant data shows TT's Debt Ratio at 0.19 in Q2 2026, 0.2 in Q1 2026, and 0.22 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn | 0.19 |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn | 0.24 |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn | 0.32 |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn | 0.60 |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn | 0.46 |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 0.26 |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn | 0.48 |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn | 0.36 |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn | 0.15 |
| 10 | Armstrong World Industries | 7.58 Bn | 7.50 Bn | 195.00 Mn | 0.25 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |