Trane Technologies (TT) EBT Margin (2009 - 2026)
Trane Technologies' EBT Margin was 18.31% in Q2 2026, down 0.71 percentage points from 19.02% a year earlier but up 3.50 percentage points from the prior quarter.
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Analysis
Trane Technologies (TT) EBT Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Trane Technologies' EBT Margin was 16.80% through Jun 30, 2026, down 0.37 percentage points year-over-year; for FY2025, it came in at 17.25%, up 0.91 percentage points from FY2024.
- EBT Margin has now increased for five consecutive years, with a five-year change of +6.91 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was 16.34% in FY2024 (+1.82 pp), 14.52% in FY2023 (+0.94 pp), 13.58% in FY2022 (+0.92 pp) and 12.67% in FY2021 (+2.32 pp).
- Quarterly EBT Margin has moved between 9.88% (Q1 2022) and 19.02% (Q2 2025) over five years.
- Compared with a year earlier, EBT Margin has declined for three straight quarters, with an average year-over-year change of +0.62 percentage points over the last eight quarters.
- The best year-over-year quarter for EBT Margin over five years was Q1 2025 (a gain of 2.99 percentage points); the worst was Q1 2026 (a drop of 1.25 percentage points).
- Per Business Quant data, TT's EBT Margin in the three quarters before Q2 2026 was 14.81% (Q1 2026), 14.41% (Q4 2025) and 19.01% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.25 Bn | 94.99 Bn | 2.26 Bn | 18.31% |
| 2 | Johnson Controls International | 90.55 Bn | 88.31 Bn | 2.47 Bn | 13.86% |
| 3 | Comfort Systems Usa | 58.58 Bn | 53.83 Bn | 844.23 Mn | 17.34% |
| 4 | Carrier Global | 45.65 Bn | 40.28 Bn | 1.94 Bn | 11.35% |
| 5 | Otis Worldwide | 24.99 Bn | 21.59 Bn | 1.14 Bn | 14.17% |
| 6 | James Hardie Industries | 14.56 Bn | 13.29 Bn | 548.70 Mn | 10.67% |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 22.09% |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 19.79% |
| 9 | Carlisle Companies | 12.96 Bn | 9.31 Bn | 568.40 Mn | 21.25% |
| 10 | Lennox International | 12.44 Bn | 12.25 Bn | 539.50 Mn | 21.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.31% |
| Mar 31, 2026 | 14.81% |
| Dec 31, 2025 | 14.41% |
| Sep 30, 2025 | 19.01% |
| Jun 30, 2025 | 19.02% |
| Mar 31, 2025 | 16.06% |
| Dec 31, 2024 | 15.40% |
| Sep 30, 2024 | 17.79% |
| Jun 30, 2024 | 18.33% |
| Mar 31, 2024 | 13.06% |
| Dec 31, 2023 | 13.90% |
| Sep 30, 2023 | 16.31% |
| Jun 30, 2023 | 16.29% |
| Mar 31, 2023 | 10.63% |
| Dec 31, 2022 | 12.82% |
| Sep 30, 2022 | 15.21% |
| Jun 30, 2022 | 15.59% |
| Mar 31, 2022 | 9.88% |
| Dec 31, 2021 | 11.06% |
| Sep 30, 2021 | 13.95% |
API Access
Trane Technologies EBT 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=ebt-margin&ticker=TT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();