Trane Technologies (TT) EBITDA Margin (2009 - 2026)
Trane Technologies (TT) posted EBITDA Margin of 19.27% for Q2 2026, up 23.38% on a QoQ basis from 15.62% in Q1 2026, and down 99.0% year-over-year from 1926.97% in Q2 2025.
Analysis
Trane Technologies (TT) EBITDA Margin (2009 - 2026) Analysis & Trends
Trane Technologies has reported EBITDA Margin for 18 years, with the latest figure at 19.27% in Q2 2026.
- On a quarterly basis, EBITDA Margin fell 99.0% year-over-year to 19.27% in Q2 2026; TTM through Jun 2026 was 17.94%, a 45.0% decrease from a year earlier, with the FY2025 full-year figure at 18.61%, up 96.0% from the prior year.
- EBITDA Margin was 19.27% for Q2 2026 at Trane Technologies, up from 15.62% in the prior quarter.
- The five-year high for EBITDA Margin was 20.29% in Q3 2025, with the low at 11.57% in Q1 2022.
- Average EBITDA Margin over 5 years is 16.83%, with a median of 16.94% recorded in 2022.
- The sharpest annual moves came in 2024 and 2026: EBITDA Margin soared 257 bps in 2024, then tumbled 185 bps in 2026.
- Over 5 years, EBITDA Margin stood at 14.25% in 2022, then increased by 9 bps to 15.54% in 2023, then rose by 7 bps to 16.57% in 2024, then retreated by 4 bps to 15.92% in 2025, then grew by 21 bps to 19.27% in 2026.
- The last three EBITDA Margin figures came in at 19.27% (Q2 2026), 15.62% (Q1 2026), and 15.92% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.21 Bn | 95.89 Bn | 2.26 Bn | 19.27% |
| 2 | Johnson Controls International | 86.90 Bn | 86.26 Bn | 2.47 Bn | 14.92% |
| 3 | Comfort Systems Usa | 56.02 Bn | 54.17 Bn | 844.23 Mn | 17.09% |
| 4 | Carrier Global | 46.82 Bn | 45.47 Bn | 1.94 Bn | 12.99% |
| 5 | Lennox International | 12.94 Bn | 12.88 Bn | 539.50 Mn | 22.97% |
| 6 | Modine Manufacturing | 9.45 Bn | 9.37 Bn | - | - |
| 7 | SPX Technologies | 9.35 Bn | 9.18 Bn | 272.80 Mn | 16.94% |
| 8 | Smith A O | 7.76 Bn | 7.58 Bn | 387.80 Mn | 16.68% |
| 9 | Aaon | 6.28 Bn | 6.28 Bn | 152.49 Mn | 10.99% |
| 10 | Csw Industrials | 4.83 Bn | 4.79 Bn | - | - |
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% |