Trane Technologies (TT) FCF Margin (2009 - 2026)
Trane Technologies (TT) posted FCF Margin of 16.09% for Q2 2026, up 43.64% on a QoQ basis from 11.2% in Q1 2026, and up 550.0% year-over-year from 2.47% in Q2 2025.
Analysis
Trane Technologies (TT) FCF Margin (2009 - 2026) Analysis & Trends
Trane Technologies has reported FCF Margin for 18 years, with the latest figure at 16.09% in Q2 2026.
- On a quarterly basis, FCF Margin rose 550.0% year-over-year to 16.09% in Q2 2026; TTM through Jun 2026 was 16.12%, a 244.0% increase from a year earlier, with the FY2025 full-year figure at 13.31%, down 84.0% from the prior year.
- FCF Margin was 16.09% for Q2 2026 at Trane Technologies, up from 11.2% in the prior quarter.
- The five-year high for FCF Margin was 22.52% in Q3 2024, with the low at 7.84% in Q1 2022.
- Average FCF Margin over 5 years is 11.75%, with a median of 12.35% recorded in 2022.
- The largest YoY upside for FCF Margin was 734 bps in 2022 against a maximum downside of 1510 bps in 2022.
- Over 5 years, FCF Margin stood at 16.6% in 2022, then gained by 17 bps to 19.45% in 2023, then dropped by 18 bps to 16.0% in 2024, then rose by 29 bps to 20.61% in 2025, then decreased by 22 bps to 16.09% in 2026.
- The last three FCF Margin figures came in at 16.09% (Q2 2026), 11.2% (Q1 2026), and 20.61% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.18 Bn | 95.86 Bn | 2.26 Bn | 16.09% |
| 2 | Johnson Controls International | 87.07 Bn | 86.43 Bn | 2.47 Bn | 18.05% |
| 3 | Comfort Systems Usa | 55.89 Bn | 54.03 Bn | 844.23 Mn | 30.56% |
| 4 | Carrier Global | 46.94 Bn | 45.59 Bn | 1.94 Bn | 12.75% |
| 5 | Lennox International | 12.98 Bn | 12.92 Bn | 539.50 Mn | 8.82% |
| 6 | Modine Manufacturing | 9.57 Bn | 9.49 Bn | - | - |
| 7 | SPX Technologies | 9.41 Bn | 9.25 Bn | 272.80 Mn | 10.09% |
| 8 | Smith A O | 7.81 Bn | 7.63 Bn | 387.80 Mn | 11.39% |
| 9 | Aaon | 6.32 Bn | 6.32 Bn | 152.49 Mn | -4.97% |
| 10 | Csw Industrials | 4.83 Bn | 4.79 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 9.86% |