Trane Technologies (TT) EBITDA Margin (2009 - 2026)
Trane Technologies posted quarterly EBITDA Margin of 15.62% for Q1 2026, down 185.0% year-on-year from 18.37% in Q1 2025, and down 1.9% on a QoQ basis from 15.92% in Q4 2025.
Trane Technologies (TT) has 18 years of EBITDA Margin data on file, last reported at 15.62% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin fell 185.0% year-over-year to 15.62%; the trailing twelve-month figure through Mar 2026 stood at 18.17% (up 2.0% YoY), and the FY2025 full-year result was 18.61%, up 96.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 15.62%, down from 15.92% in the prior quarter.
- Across five years, EBITDA Margin topped out at 20.29% in Q3 2025 and bottomed at 11.57% in Q1 2022.
- The 5-year median for EBITDA Margin is 16.91% (2022), against an average of 16.69%.
- The widest annual swing landed in 2024, when EBITDA Margin surged 257 bps; it then slumped 185 bps in 2026.
- A 5-year view of EBITDA Margin shows it stood at 14.25% in 2022, then grew by 9 bps to 15.54% in 2023, then increased by 7 bps to 16.57% in 2024, then fell by 4 bps to 15.92% in 2025, then retreated by 2 bps to 15.62% in 2026.
- The last three EBITDA Margin figures came in at 15.62% (Q1 2026), 15.92% (Q4 2025), and 20.29% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 15.62% |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 14.71% |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 4.85% |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 14.40% |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 16.48% |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 11.19% |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 10.36% |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 9.46% |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 7.88% |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | 5.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 17.00% |
| Mar 31, 2021 | 11.70% |
| Dec 31, 2020 | 12.47% |
| Sep 30, 2020 | 14.75% |
| Jun 30, 2020 | 9.37% |
| Mar 31, 2020 | -3.33% |
| Dec 31, 2019 | 11.29% |
| Sep 30, 2019 | 9.46% |
| Jun 30, 2019 | 13.14% |
| Mar 31, 2019 | 7.33% |
| Dec 31, 2018 | 36.74% |
| Sep 30, 2018 | 12.50% |
| Jun 30, 2018 | 3.94% |
| Mar 31, 2018 | 8.17% |
| Dec 31, 2017 | 15.10% |
| Sep 30, 2017 | 13.31% |
| Jun 30, 2017 | 13.79% |
| Mar 31, 2017 | 8.01% |
| Dec 31, 2016 | -2.28% |
| Sep 30, 2016 | 11.15% |
| Jun 30, 2016 | 18.24% |
| Mar 31, 2016 | 10.31% |
| Dec 31, 2015 | 4.59% |
| Sep 30, 2015 | 5.70% |
| Jun 30, 2015 | 3.89% |
| Mar 31, 2015 | -7.78% |
| Dec 31, 2014 | -0.88% |
| Sep 30, 2014 | 2.31% |
| Jun 30, 2014 | 8.78% |
| Mar 31, 2014 | 1.58% |
| Dec 31, 2013 | 9.50% |
| Sep 30, 2013 | 9.69% |
| Jun 30, 2013 | 9.59% |
| Mar 31, 2013 | 0.36% |
| Dec 31, 2012 | 10.28% |
| Sep 30, 2012 | 13.69% |
| Jun 30, 2012 | 3.99% |
| Mar 31, 2012 | 8.27% |
| Dec 31, 2011 | -2.38% |
| Sep 30, 2011 | -3.51% |
| Jun 30, 2011 | 4.56% |
| Mar 31, 2011 | 3.65% |
| Dec 31, 2010 | 8.77% |
| Sep 30, 2010 | 11.01% |
| Jun 30, 2010 | 10.44% |
| Mar 31, 2010 | 5.04% |
| Dec 31, 2009 | 7.53% |
| Sep 30, 2009 | 9.38% |
| Jun 30, 2009 | 7.51% |
| Mar 31, 2009 | 1.70% |