Trane Technologies (TT) EBT Margin (2009 - 2026)
Trane Technologies (TT) posted EBT Margin of 18.31% for Q2 2026, up 23.64% on a QoQ basis from 14.81% in Q1 2026, and down 71.0% year-over-year from 63.13% in Q2 2025.
Analysis
Trane Technologies (TT) EBT Margin (2009 - 2026) Analysis & Trends
Trane Technologies has reported EBT Margin for 18 years, with the latest figure at 18.31% in Q2 2026.
- On a quarterly basis, EBT Margin fell 71.0% year-over-year to 18.31% in Q2 2026; TTM through Jun 2026 was 16.8%, a 37.0% decrease from a year earlier, with the FY2025 full-year figure at 17.25%, up 91.0% from the prior year.
- EBT Margin was 18.31% for Q2 2026 at Trane Technologies, up from 14.81% in the prior quarter.
- The five-year high for EBT Margin was 19.02% in Q2 2025, with the low at 9.88% in Q1 2022.
- Average EBT Margin over 5 years is 15.38%, with a median of 15.49% recorded in 2022.
- The sharpest annual moves came in 2025 and 2026: EBT Margin soared 299 bps in 2025, then sank 125 bps in 2026.
- Over 5 years, EBT Margin stood at 12.82% in 2022, then gained by 8 bps to 13.9% in 2023, then increased by 11 bps to 15.4% in 2024, then retreated by 6 bps to 14.41% in 2025, then gained by 27 bps to 18.31% in 2026.
- The last three EBT Margin figures came in at 18.31% (Q2 2026), 14.81% (Q1 2026), and 14.41% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 96.93 Bn | 95.61 Bn | 2.26 Bn | 18.31% |
| 2 | Johnson Controls International | 86.90 Bn | 86.25 Bn | 2.47 Bn | 13.86% |
| 3 | Comfort Systems Usa | 55.81 Bn | 53.96 Bn | 844.23 Mn | 17.34% |
| 4 | Carrier Global | 46.55 Bn | 45.20 Bn | 1.94 Bn | 11.35% |
| 5 | Lennox International | 12.87 Bn | 12.82 Bn | 539.50 Mn | 21.98% |
| 6 | Modine Manufacturing | 9.49 Bn | 9.42 Bn | - | - |
| 7 | SPX Technologies | 9.33 Bn | 9.16 Bn | 272.80 Mn | 15.05% |
| 8 | Smith A O | 7.79 Bn | 7.60 Bn | 387.80 Mn | 15.73% |
| 9 | Aaon | 6.27 Bn | 6.27 Bn | 152.49 Mn | 10.02% |
| 10 | Csw Industrials | 4.81 Bn | 4.78 Bn | - | - |
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% |