Trane Technologies (TT) FCF Margin (2009 - 2026)
Trane Technologies posted quarterly FCF Margin of 11.0% for Q1 2026, up 629.0% year-on-year from 1.51% in Q1 2025, and down 45.32% on a QoQ basis from 20.11% in Q4 2025.
Trane Technologies (TT) has 18 years of FCF Margin data on file, last reported at 11.0% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 629.0% year-over-year to 11.0%; the trailing twelve-month figure through Mar 2026 stood at 14.52% (up 58.0% YoY), and the FY2025 full-year result was 13.19%, down 80.0% from the prior year.
- FCF Margin for Q1 2026 stood at 11.0%, down from 20.11% in the prior quarter.
- Across five years, FCF Margin topped out at 22.03% in Q3 2024 and bottomed at 7.84% in Q1 2022.
- The 5-year median for FCF Margin is 11.82% (2022), against an average of 11.12%.
- The widest annual swing landed in 2022, when FCF Margin sank 1510 bps; it then surged 763 bps in 2023.
- A 5-year view of FCF Margin shows it stood at 11.82% in 2022, then surged by 65 bps to 19.45% in 2023, then decreased by 18 bps to 15.89% in 2024, then advanced by 27 bps to 20.11% in 2025, then tumbled by 45 bps to 11.0% in 2026.
- The last three FCF Margin figures came in at 11.0% (Q1 2026), 20.11% (Q4 2025), and 16.61% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 11.00% |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 9.16% |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | -0.52% |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | -3.47% |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | -5.89% |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | -6.94% |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | -10.18% |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 1.99% |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | -1.94% |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | -17.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.00% |
| Dec 31, 2025 | 20.11% |
| Sep 30, 2025 | 16.61% |
| Jun 30, 2025 | 10.48% |
| Mar 31, 2025 | 4.71% |
| Dec 31, 2024 | 15.89% |
| Sep 30, 2024 | 22.03% |
| Jun 30, 2024 | 12.03% |
| Mar 31, 2024 | 3.88% |
| Dec 31, 2023 | 19.45% |
| Sep 30, 2023 | 17.43% |
| Jun 30, 2023 | 10.08% |
| Mar 31, 2023 | -1.64% |
| Dec 31, 2022 | 11.82% |
| Sep 30, 2022 | 14.66% |
| Jun 30, 2022 | 8.41% |
| Mar 31, 2022 | -7.84% |
| Dec 31, 2021 | 9.26% |
| Sep 30, 2021 | 9.86% |
| Jun 30, 2021 | 11.89% |
| Mar 31, 2021 | 7.26% |
| Dec 31, 2020 | 17.92% |
| Sep 30, 2020 | 25.78% |
| Jun 30, 2020 | 5.74% |
| Mar 31, 2020 | -13.72% |
| Dec 31, 2019 | 13.09% |
| Sep 30, 2019 | 17.31% |
| Jun 30, 2019 | 11.12% |
| Mar 31, 2019 | -3.62% |
| Dec 31, 2018 | 3.05% |
| Sep 30, 2018 | 11.93% |
| Jun 30, 2018 | 7.65% |
| Mar 31, 2018 | -3.52% |
| Dec 31, 2017 | 16.57% |
| Sep 30, 2017 | 10.85% |
| Jun 30, 2017 | 10.78% |
| Mar 31, 2017 | -2.62% |
| Dec 31, 2016 | 10.58% |
| Sep 30, 2016 | 15.42% |
| Jun 30, 2016 | 10.47% |
| Mar 31, 2016 | -1.42% |
| Dec 31, 2015 | 15.99% |
| Sep 30, 2015 | 1.10% |
| Jun 30, 2015 | 6.65% |
| Mar 31, 2015 | -5.92% |
| Dec 31, 2014 | 10.84% |
| Sep 30, 2014 | 10.88% |
| Jun 30, 2014 | 5.96% |
| Mar 31, 2014 | -6.34% |
| Dec 31, 2013 | 11.72% |
| Sep 30, 2013 | 9.23% |
| Jun 30, 2013 | 7.67% |
| Mar 31, 2013 | -2.71% |
| Dec 31, 2012 | 21.09% |
| Sep 30, 2012 | 10.75% |
| Jun 30, 2012 | 7.91% |
| Mar 31, 2012 | -1.16% |
| Dec 31, 2011 | 26.51% |
| Sep 30, 2011 | 8.67% |
| Jun 30, 2011 | 8.97% |
| Mar 31, 2011 | -2.89% |
| Dec 31, 2010 | 1.40% |
| Sep 30, 2010 | 6.96% |
| Jun 30, 2010 | 8.01% |
| Mar 31, 2010 | -2.65% |
| Dec 31, 2009 | 6.06% |
| Sep 30, 2009 | 16.01% |
| Jun 30, 2009 | 23.55% |
| Mar 31, 2009 | -0.24% |