Trane Technologies TT
NYSE TT
$439.67 -4.50 (-1.01%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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%