Trane Technologies (TT) Dividend Coverage Ratio (2009 - 2026)
Trane Technologies (TT) posted Dividend Coverage Ratio of 4.04 for Q2 2026, up 387.01% on a QoQ basis from 1.41 in Q1 2026, and down 3.5% year-over-year from 4.18 in Q2 2025.
Analysis
Trane Technologies (TT) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Trane Technologies has reported Dividend Coverage Ratio for 18 years, with the latest figure at 4.04 in Q2 2026.
- On a quarterly basis, Dividend Coverage Ratio fell 3.5% year-over-year to 4.04 in Q2 2026; TTM through Jun 2026 was 2.34, a 17.74% increase from a year earlier, with the FY2025 full-year figure at 0.42, up 54.47% from the prior year.
- Dividend Coverage Ratio was 4.04 for Q2 2026 at Trane Technologies, up from 1.41 in the prior quarter.
- The five-year high for Dividend Coverage Ratio was 4.18 in Q2 2025, with the low at 3.26 in Q1 2025.
- Average Dividend Coverage Ratio over 5 years is 2.37, with a median of 3.28 recorded in 2022.
- The sharpest annual moves came in 2024 and 2026: Dividend Coverage Ratio tumbled 238.75% in 2024, then surged 56.89% in 2026.
- Over 5 years, Dividend Coverage Ratio stood at 2.9 in 2022, then increased by 2.6% to 2.97 in 2023, then advanced by 9.05% to 3.24 in 2024, then fell by 11.59% to 2.87 in 2025, then soared by 40.8% to 4.04 in 2026.
- The last three Dividend Coverage Ratio figures came in at 4.04 (Q2 2026), 1.41 (Q1 2026), and 2.87 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 98.27 Bn | 96.95 Bn | 2.26 Bn | 4.04 |
| 2 | Johnson Controls International | 87.97 Bn | 87.32 Bn | 2.47 Bn | 3.07 |
| 3 | Comfort Systems Usa | 56.85 Bn | 55.00 Bn | 844.23 Mn | 15.68 |
| 4 | Carrier Global | 47.99 Bn | 46.64 Bn | 1.94 Bn | 2.52 |
| 5 | Lennox International | 13.02 Bn | 12.97 Bn | 539.50 Mn | 197.79 Mn |
| 6 | Modine Manufacturing | 9.82 Bn | 9.75 Bn | - | - |
| 7 | SPX Technologies | 9.64 Bn | 9.48 Bn | 272.80 Mn | - |
| 8 | Smith A O | 7.92 Bn | 7.74 Bn | 387.80 Mn | 2.52 |
| 9 | Aaon | 6.32 Bn | 6.32 Bn | 152.49 Mn | 6.88 |
| 10 | Csw Industrials | 4.90 Bn | 4.87 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.04 |
| Mar 31, 2026 | -1.41 |
| Dec 31, 2025 | 2.87 |
| Sep 30, 2025 | 4.07 |
| Jun 30, 2025 | 4.18 |
| Mar 31, 2025 | -3.26 |
| Dec 31, 2024 | 3.24 |
| Sep 30, 2024 | 4.11 |
| Jun 30, 2024 | 4.00 |
| Mar 31, 2024 | -2.53 |
| Dec 31, 2023 | 2.97 |
| Sep 30, 2023 | 3.68 |
| Jun 30, 2023 | 3.45 |
| Mar 31, 2023 | 1.83 |
| Dec 31, 2022 | 2.90 |
| Sep 30, 2022 | 3.54 |
| Jun 30, 2022 | 3.32 |
| Mar 31, 2022 | 1.69 |
| Dec 31, 2021 | 2.31 |
| Sep 30, 2021 | 2.91 |