Trane Technologies (TT) EV to EBITDA (2009 - 2026)
Trane Technologies' (TT) EV to EBITDA stood at 21.39 in Q3 2026, up 0.4% from 21.31 a year earlier but down 12.3% from the prior quarter.
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Analysis
Trane Technologies (TT) EV to EBITDA (2009 - 2026) Analysis & Trends
On a TTM basis, Trane Technologies' EV to EBITDA came in at 20.48 as of Sep 30, 2026, down 0.4% year-over-year; for FY2025, it came in at 19.43, down 16.6% from FY2024.
- Across earlier years, EV to EBITDA came in at 23.30 in FY2024 (+25.3%), 18.60 in FY2023 (+23.3%), 15.09 in FY2022 (-22.2%) and 19.39 in FY2021 (+13.0%).
- Quarterly EV to EBITDA has ranged from 11.97 in Q2 2022 to 24.41 in Q2 2026 over the past five years.
- On a year-over-year basis, EV to EBITDA has increased for three consecutive quarters, with growth averaging 3.9% over the last eight quarters.
- Peak year-over-year performance for EV to EBITDA in the last five years was growth of 57.9% in Q3 2024, against a decline of 33.9% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 24.41 (Q2 2026), 21.16 (Q1 2026) and 19.43 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 88.43 Bn | 83.04 Bn | 2.38 Bn |
| 2 | Johnson Controls International | 81.95 Bn | 79.68 Bn | 2.47 Bn |
| 3 | Carrier Global | 43.09 Bn | 37.47 Bn | 1.90 Bn |
| 4 | Comfort Systems Usa | 35.64 Bn | 29.60 Bn | 934.48 Mn |
| 5 | Otis Worldwide | 30.11 Bn | 26.50 Bn | 1.16 Bn |
| 6 | James Hardie Industries | 16.21 Bn | 15.14 Bn | 562.40 Mn |
| 7 | Masco | 16.11 Bn | 13.92 Bn | 720.00 Mn |
| 8 | Allegion | 15.72 Bn | 14.35 Bn | 548.20 Mn |
| 9 | Carlisle Companies | 14.80 Bn | 11.71 Bn | 494.90 Mn |
| 10 | Lennox International | 11.75 Bn | 11.57 Bn | 497.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.39 |
| Jun 30, 2026 | 24.41 |
| Mar 31, 2026 | 21.16 |
| Dec 31, 2025 | 19.43 |
| Sep 30, 2025 | 21.31 |
| Jun 30, 2025 | 22.97 |
| Mar 31, 2025 | 18.25 |
| Dec 31, 2024 | 23.30 |
| Sep 30, 2024 | 22.81 |
| Jun 30, 2024 | 20.33 |
| Mar 31, 2024 | 19.56 |
| Dec 31, 2023 | 18.60 |
| Sep 30, 2023 | 14.45 |
| Jun 30, 2023 | 14.36 |
| Mar 31, 2023 | 14.67 |
| Dec 31, 2022 | 15.09 |
| Sep 30, 2022 | 12.46 |
| Jun 30, 2022 | 11.97 |
| Mar 31, 2022 | 14.57 |
| Dec 31, 2021 | 19.39 |
API Access
Trane Technologies EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=TT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "TT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();