Trane Technologies (TT) EBT Margin (2009 - 2026)
Trane Technologies posted quarterly EBT Margin of 14.81% for Q1 2026, down 125.0% year-on-year from 59.23% in Q1 2025, and up 2.76% on a QoQ basis from 14.41% in Q4 2025.
Trane Technologies (TT) has 18 years of EBT Margin data on file, last reported at 14.81% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin fell 125.0% year-over-year to 14.81%; the trailing twelve-month figure through Mar 2026 stood at 16.95% (down 1.0% YoY), and the FY2025 full-year result was 17.25%, up 91.0% from the prior year.
- EBT Margin for Q1 2026 stood at 14.81%, up from 14.41% in the prior quarter.
- Across five years, EBT Margin topped out at 19.02% in Q2 2025 and bottomed at 9.88% in Q1 2022.
- The 5-year median for EBT Margin is 15.4% (2024), against an average of 15.21%.
- The widest annual swing landed in 2025, when EBT Margin surged 299 bps; it then plunged 125 bps in 2026.
- A 5-year view of EBT Margin shows it stood at 12.82% in 2022, then rose by 8 bps to 13.9% in 2023, then grew by 11 bps to 15.4% in 2024, then fell by 6 bps to 14.41% in 2025, then gained by 3 bps to 14.81% in 2026.
- The last three EBT Margin figures came in at 14.81% (Q1 2026), 14.41% (Q4 2025), and 19.01% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 14.81% |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 12.21% |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 3.18% |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 12.94% |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 15.17% |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 15.51% |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 9.03% |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 13.66% |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 5.83% |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | 2.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 15.46% |
| Mar 31, 2021 | 9.45% |
| Dec 31, 2020 | 10.15% |
| Sep 30, 2020 | 14.30% |
| Jun 30, 2020 | 11.53% |
| Mar 31, 2020 | 3.93% |
| Dec 31, 2019 | 8.17% |
| Sep 30, 2019 | 13.45% |
| Jun 30, 2019 | 13.95% |
| Mar 31, 2019 | 5.97% |
| Dec 31, 2018 | -4.42% |
| Sep 30, 2018 | 13.15% |
| Jun 30, 2018 | 13.46% |
| Mar 31, 2018 | 4.92% |
| Dec 31, 2017 | 8.98% |
| Sep 30, 2017 | 12.11% |
| Jun 30, 2017 | 12.59% |
| Mar 31, 2017 | 5.21% |
| Dec 31, 2016 | 7.98% |
| Sep 30, 2016 | 12.64% |
| Jun 30, 2016 | 23.09% |
| Mar 31, 2016 | 5.89% |
| Dec 31, 2015 | 9.26% |
| Sep 30, 2015 | 12.38% |
| Jun 30, 2015 | 11.62% |
| Mar 31, 2015 | 3.10% |
| Dec 31, 2014 | 8.89% |
| Sep 30, 2014 | 11.74% |
| Jun 30, 2014 | 11.82% |
| Mar 31, 2014 | 3.86% |
| Dec 31, 2013 | 5.29% |
| Sep 30, 2013 | 8.80% |
| Jun 30, 2013 | 9.51% |
| Mar 31, 2013 | 2.27% |
| Dec 31, 2012 | -8.35% |
| Sep 30, 2012 | 11.26% |
| Jun 30, 2012 | 10.99% |
| Mar 31, 2012 | 4.52% |
| Dec 31, 2011 | -10.19% |
| Sep 30, 2011 | 3.38% |
| Jun 30, 2011 | 5.61% |
| Mar 31, 2011 | -0.66% |
| Dec 31, 2010 | 7.10% |
| Sep 30, 2010 | 9.36% |
| Jun 30, 2010 | 8.64% |
| Mar 31, 2010 | 2.69% |
| Dec 31, 2009 | 4.98% |
| Sep 30, 2009 | 7.18% |
| Jun 30, 2009 | 5.22% |
| Mar 31, 2009 | -0.17% |