Trane Technologies (TT) FCF Margin (2009 - 2026)
Trane Technologies (TT) posted FCF Margin of 18.01% for Q3 2026, up 1.60 percentage points from 16.41% a year earlier and up 1.92 percentage points from the prior quarter.
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Analysis
Trane Technologies (TT) FCF Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, FCF Margin at Trane Technologies was 16.60%, up 4.46 percentage points year-over-year; for FY2025, it came in at 13.31%, down 0.84 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of +0.30 percentage points (FY2020 to FY2025).
- In prior years, Trane Technologies' FCF Margin was 14.15% in FY2024 (+2.12 pp), 12.03% in FY2023 (+3.23 pp), 8.80% in FY2022 (-0.90 pp) and 9.70% in FY2021 (-3.31 pp).
- Quarterly FCF Margin has run from a low of -7.84% in Q1 2022 to a high of 22.52% in Q3 2024 over five years.
- On a year-over-year basis, FCF Margin has increased in each of the last four quarters, with an average year-over-year change of +1.00 percentage points over the last eight quarters.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q4 2022, with a gain of 7.34 percentage points; the weakest was Q1 2022, with a drop of 15.10 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 16.09% (Q2 2026), 11.20% (Q1 2026) and 20.61% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 93.66 Bn | 88.28 Bn | 2.38 Bn | 18.01% |
| 2 | Johnson Controls International | 87.35 Bn | 85.08 Bn | 2.47 Bn | 18.05% |
| 3 | Carrier Global | 43.73 Bn | 38.10 Bn | 1.90 Bn | 10.76% |
| 4 | Comfort Systems Usa | 39.84 Bn | 33.80 Bn | 934.48 Mn | 21.23% |
| 5 | Otis Worldwide | 29.53 Bn | 25.92 Bn | 1.16 Bn | 7.61% |
| 6 | James Hardie Industries | 17.19 Bn | 15.75 Bn | 562.40 Mn | 19.69% |
| 7 | Masco | 16.43 Bn | 14.23 Bn | 720.00 Mn | 16.89% |
| 8 | Allegion | 15.94 Bn | 14.56 Bn | 548.20 Mn | 23.76% |
| 9 | Carlisle Companies | 15.38 Bn | 12.28 Bn | 494.90 Mn | 18.95% |
| 10 | Lennox International | 11.88 Bn | 11.69 Bn | 497.20 Mn | 23.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.01% |
| Jun 30, 2026 | 16.09% |
| Mar 31, 2026 | 11.20% |
| Dec 31, 2025 | 20.61% |
| Sep 30, 2025 | 16.41% |
| Jun 30, 2025 | 10.58% |
| Mar 31, 2025 | 4.83% |
| Dec 31, 2024 | 16.00% |
| Sep 30, 2024 | 22.52% |
| Jun 30, 2024 | 11.89% |
| Mar 31, 2024 | 4.05% |
| Dec 31, 2023 | 19.45% |
| Sep 30, 2023 | 17.43% |
| Jun 30, 2023 | 10.08% |
| Mar 31, 2023 | -1.64% |
| Dec 31, 2022 | 16.60% |
| Sep 30, 2022 | 10.45% |
| Jun 30, 2022 | 12.81% |
| Mar 31, 2022 | -7.84% |
| Dec 31, 2021 | 9.26% |
API Access
Trane Technologies FCF Margin 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=fcf-margin&ticker=TT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();