Trane Technologies (TT) EBT Margin (2009 - 2026)
Trane Technologies (TT) reported EBT Margin of 14.81% for Q1 2026, down 125.0% on a YoY basis from 59.23% in Q1 2025, and up 2.76% quarter-over-quarter from 14.41% in Q4 2025.
Trane Technologies (TT) EBT Margin (2009 - 2026) Analysis & Trends
Trane Technologies has reported EBT Margin for 18 years, with the latest figure 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.
- The five-year high for EBT Margin was 19.02% in Q2 2025, with the low at 9.88% in Q1 2022.
- Historically, EBT Margin has averaged 15.21% across 5 years, with a median of 15.4% in 2024.
- Annual changes were most pronounced in 2025 — EBT Margin surged 299 bps — and 2026, when it slumped 125 bps.
- Trane Technologies' EBT Margin stood at 12.82% in 2022, then increased by 8 bps to 13.9% in 2023, then climbed by 11 bps to 15.4% in 2024, then declined by 6 bps to 14.41% in 2025, then rose 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 14.81% |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 12.21% |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 3.18% |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 12.94% |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | 15.17% |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 15.51% |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 13.66% |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 5.83% |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 9.03% |
| 10 | Owens Corning | 10.30 Bn | 10.07 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% |