Trane Technologies (TT) EV to FCF (2009 - 2026)
Trane Technologies' EV to FCF came in at 25.35 for Q3 2026, down 29.9% from 36.16 a year earlier and down 15.0% from the prior quarter.
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Analysis
Trane Technologies (TT) EV to FCF (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Trane Technologies reported EV to FCF of 24.27, down 30.5% year-over-year; for FY2025, it came in at 29.75, down 7.6% from FY2024.
- Going back by year, EV to FCF was 32.21 in FY2024 (+13.5%), 28.37 in FY2023 (-3.5%), 29.41 in FY2022 (-10.5%) and 32.84 in FY2021 (+69.8%).
- The Q3 2026 figure represents the lowest quarterly EV to FCF since Q3 2023.
- Year-over-year, EV to FCF increased in four of the last eight quarters, with growth averaging 0.6%.
- The fastest year-over-year change in EV to FCF over five years came in Q1 2022 (growth of 131.4%), and the weakest in Q1 2023 (a decline of 33.7%).
- Business Quant data shows TT's EV to FCF at 29.81 (Q2 2026), 28.75 (Q1 2026) and 29.75 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn |
| 10 | Madison Air Solutions | 12.59 Bn | 9.25 Bn | 422.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.35 |
| Jun 30, 2026 | 29.81 |
| Mar 31, 2026 | 28.75 |
| Dec 31, 2025 | 29.75 |
| Sep 30, 2025 | 36.16 |
| Jun 30, 2025 | 34.01 |
| Mar 31, 2025 | 25.95 |
| Dec 31, 2024 | 32.21 |
| Sep 30, 2024 | 29.63 |
| Jun 30, 2024 | 29.01 |
| Mar 31, 2024 | 28.48 |
| Dec 31, 2023 | 28.37 |
| Sep 30, 2023 | 23.30 |
| Jun 30, 2023 | 27.82 |
| Mar 31, 2023 | 25.65 |
| Dec 31, 2022 | 29.41 |
| Sep 30, 2022 | 30.42 |
| Jun 30, 2022 | 29.89 |
| Mar 31, 2022 | 38.66 |
| Dec 31, 2021 | 32.84 |
API Access
Trane Technologies EV to FCF 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-fcf&ticker=TT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();