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

Trane Technologies (TT) reported Equity Ratio of 0.38 for Q1 2026, up 1.03% on a YoY basis from 0.37 in Q1 2025, and down 5.73% quarter-over-quarter from 0.4 in Q4 2025.

Trane Technologies (TT) Equity Ratio (2009 - 2026) Analysis & Trends

Trane Technologies has reported Equity Ratio for 18 years, with the latest figure 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.
  • The five-year high for Equity Ratio was 0.4 in Q4 2025, with the low at 0.32 in Q2 2022.
  • Historically, Equity Ratio has averaged 0.36 across 5 years, with a median of 0.36 in 2024.
  • Annual changes were most pronounced in 2022 — Equity Ratio retreated 7.19% — and 2025, when it rose 8.49%.
  • Trane Technologies' Equity Ratio stood at 0.34 in 2022, then rose by 7.17% to 0.36 in 2023, then gained by 2.7% to 0.37 in 2024, then rose by 7.77% to 0.4 in 2025, then dropped 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 107.22 Bn 106.17 Bn 1.73 Bn 0.38
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn 0.35
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn 0.37
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn 0.28
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn -0.05
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn 0.28
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn 0.59
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn 0.41
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn 0.53
10 Owens Corning 10.30 Bn 10.07 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