Trane Technologies (TT) EBIT Margin (2009 - 2026)
Trane Technologies (TT) recorded EBIT Margin of 19.27% in Q2 2026, down 0.99 percentage points from 20.26% a year earlier but up 3.65 percentage points from the prior quarter.
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Analysis
Trane Technologies (TT) EBIT Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Trane Technologies' EBIT Margin came in at 17.94% as of Jun 30, 2026, down 0.45 percentage points year-over-year; for FY2025, it was 18.61%, up 0.96 percentage points from FY2024.
- Annual EBIT Margin has increased for five straight years, with a five-year change of +6.30 percentage points (FY2020 to FY2025).
- Across earlier years, EBIT Margin came in at 17.64% in FY2024 (+1.27 pp), 16.37% in FY2023 (+1.25 pp), 15.13% in FY2022 (+0.81 pp) and 14.31% in FY2021 (+2.01 pp).
- Quarterly EBIT Margin has ranged from 11.57% in Q1 2022 to 20.29% in Q3 2025 over the past five years.
- On a year-over-year basis, EBIT Margin has declined for three consecutive quarters, with an average year-over-year change of +0.42 percentage points over the last eight quarters.
- Peak year-over-year performance for EBIT Margin in the last five years was a gain of 2.57 percentage points in Q1 2024, against a drop of 1.85 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 15.62% (Q1 2026), 15.92% (Q4 2025) and 20.29% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.51 Bn | 95.23 Bn | 2.26 Bn | 19.27% |
| 2 | Johnson Controls International | 88.65 Bn | 86.38 Bn | 2.47 Bn | 14.92% |
| 3 | Comfort Systems Usa | 49.68 Bn | 44.93 Bn | 844.23 Mn | 17.09% |
| 4 | Carrier Global | 45.39 Bn | 39.70 Bn | 1.94 Bn | 12.99% |
| 5 | Otis Worldwide | 27.36 Bn | 23.78 Bn | 1.14 Bn | 14.90% |
| 6 | James Hardie Industries | 15.11 Bn | 14.18 Bn | 548.70 Mn | 14.76% |
| 7 | Masco | 14.70 Bn | 12.56 Bn | 868.00 Mn | 23.59% |
| 8 | Carlisle Companies | 13.37 Bn | 9.72 Bn | 568.40 Mn | 22.45% |
| 9 | Allegion | 13.33 Bn | 12.04 Bn | 517.50 Mn | 22.12% |
| 10 | Lennox International | 12.35 Bn | 12.15 Bn | 539.50 Mn | 22.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.27% |
| Mar 31, 2026 | 15.62% |
| Dec 31, 2025 | 15.92% |
| Sep 30, 2025 | 20.29% |
| Jun 30, 2025 | 20.26% |
| Mar 31, 2025 | 17.47% |
| Dec 31, 2024 | 16.57% |
| Sep 30, 2024 | 18.83% |
| Jun 30, 2024 | 19.49% |
| Mar 31, 2024 | 15.03% |
| Dec 31, 2023 | 15.54% |
| Sep 30, 2023 | 17.70% |
| Jun 30, 2023 | 18.82% |
| Mar 31, 2023 | 12.46% |
| Dec 31, 2022 | 14.25% |
| Sep 30, 2022 | 16.91% |
| Jun 30, 2022 | 16.96% |
| Mar 31, 2022 | 11.57% |
| Dec 31, 2021 | 12.21% |
| Sep 30, 2021 | 15.68% |
API Access
Trane Technologies EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=TT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "TT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();