Growth Metrics

Trane Technologies (TT) Equity Ratio (2009 - 2026)

Trane Technologies posted quarterly Equity Ratio of 0.38 for Q1 2026, up 1.03% year-on-year from 0.37 in Q1 2025, and down 5.73% on a QoQ basis from 0.4 in Q4 2025.

Trane Technologies (TT) has 18 years of Equity Ratio data on file, last reported at 0.38 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio rose 1.03% year-over-year to 0.38; the trailing twelve-month figure through Mar 2026 stood at 0.38 (up 1.03% YoY), and the FY2025 full-year result was 0.4, up 7.77% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.38, down from 0.4 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.4 in Q4 2025 and bottomed at 0.32 in Q2 2022.
  • The 5-year median for Equity Ratio is 0.36 (2024), against an average of 0.36.
  • The widest annual swing landed in 2022, when Equity Ratio retreated 7.19%; it then rose 8.49% in 2025.
  • A 5-year view of Equity Ratio shows it stood at 0.34 in 2022, then gained by 7.17% to 0.36 in 2023, then advanced by 2.7% to 0.37 in 2024, then gained by 7.77% to 0.4 in 2025, then declined by 5.73% to 0.38 in 2026.
  • The last three Equity Ratio figures came in at 0.38 (Q1 2026), 0.4 (Q4 2025), and 0.39 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Trane Technologies 99.95 Bn 98.89 Bn 1.73 Bn 0.38
2 Johnson Controls International 84.54 Bn 84.01 Bn 2.07 Bn 0.35
3 Carrier Global 52.72 Bn 51.70 Bn 4.82 Bn 0.37
4 Lennox International 16.87 Bn 16.82 Bn 351.30 Mn 0.28
5 Masco 13.72 Bn 13.60 Bn 686.00 Mn -0.05
6 Carlisle Companies 13.62 Bn 12.85 Bn 363.20 Mn 0.28
7 Aaon 10.97 Bn 10.97 Bn 109.77 Mn 0.53
8 SPX Technologies 10.37 Bn 10.22 Bn 230.60 Mn 0.59
9 Advanced Drainage Systems 10.34 Bn 10.19 Bn 237.66 Mn 0.41
10 Owens Corning 9.48 Bn 9.24 Bn 510.00 Mn 0.28

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 0.38
Dec 31, 2025 0.40
Sep 30, 2025 0.39
Jun 30, 2025 0.37
Mar 31, 2025 0.37
Dec 31, 2024 0.37
Sep 30, 2024 0.36
Jun 30, 2024 0.34
Mar 31, 2024 0.36
Dec 31, 2023 0.36
Sep 30, 2023 0.35
Jun 30, 2023 0.33
Mar 31, 2023 0.34
Dec 31, 2022 0.34
Sep 30, 2022 0.33
Jun 30, 2022 0.32
Mar 31, 2022 0.34
Dec 31, 2021 0.35
Sep 30, 2021 0.36
Jun 30, 2021 0.34
Mar 31, 2021 0.35
Dec 31, 2020 0.35
Sep 30, 2020 0.36
Jun 30, 2020 0.34
Mar 31, 2020 0.33
Dec 31, 2019 0.36
Sep 30, 2019 0.36
Jun 30, 2019 0.35
Mar 31, 2019 0.35
Dec 31, 2018 0.39
Sep 30, 2018 0.40
Jun 30, 2018 0.37
Mar 31, 2018 0.39
Dec 31, 2017 0.40
Sep 30, 2017 0.39
Jun 30, 2017 0.38
Mar 31, 2017 0.39
Dec 31, 2016 0.39
Sep 30, 2016 0.39
Jun 30, 2016 0.37
Mar 31, 2016 0.35
Dec 31, 2015 0.35
Sep 30, 2015 0.33
Jun 30, 2015 0.33
Mar 31, 2015 0.33
Dec 31, 2014 0.35
Sep 30, 2014 0.38
Jun 30, 2014 0.38
Mar 31, 2014 0.38
Dec 31, 2013 0.40
Sep 30, 2013 0.38
Jun 30, 2013 0.35
Mar 31, 2013 0.40
Dec 31, 2012 0.39
Sep 30, 2012 0.40
Jun 30, 2012 0.39
Mar 31, 2012 0.39
Dec 31, 2011 0.37
Sep 30, 2011 0.39
Jun 30, 2011 0.41
Mar 31, 2011 0.41
Dec 31, 2010 0.40
Sep 30, 2010 0.38
Jun 30, 2010 0.35
Mar 31, 2010 0.36
Dec 31, 2009 0.36
Sep 30, 2009 0.36
Jun 30, 2009 0.33