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

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

Historic Data

Download Data
DateValue
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