Trane Technologies (TT) FCF Payout Ratio (2009 - 2026)
Trane Technologies' (TT) FCF Payout Ratio came in at 0.19 for Q3 2026, down 14.7% from 0.22 a year earlier and down 16.5% from the prior quarter.
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Analysis
Trane Technologies (TT) FCF Payout Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, FCF Payout Ratio at Trane Technologies was 0.23, down 26.9% year-over-year; for FY2025, it was 0.30, up 9.4% from FY2024.
- In prior years, Trane Technologies' FCF Payout Ratio was 0.27 in FY2024 (-16.1%), 0.32 in FY2023 (-27.1%), 0.44 in FY2022 (+7.7%) and 0.41 in FY2021 (+30.7%).
- The Q3 2026 figure stands as the lowest quarterly FCF Payout Ratio since Q3 2024.
- On a year-over-year basis, FCF Payout Ratio has declined in each of the last four quarters, with an average decline of 7.4% over the last eight quarters.
- The strongest year-over-year quarter for FCF Payout Ratio in the past five years was Q4 2021, with growth of 91.1%; the weakest was Q1 2026, with a decline of 55.1%.
- According to Business Quant data, FCF Payout Ratio for the three prior quarters was 0.23 (Q2 2026), 0.42 (Q1 2026) and 0.20 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 88.43 Bn | 83.04 Bn | 2.38 Bn | 0.19 |
| 2 | Johnson Controls International | 81.95 Bn | 79.68 Bn | 2.47 Bn | 0.21 |
| 3 | Carrier Global | 43.09 Bn | 37.47 Bn | 1.90 Bn | 0.29 |
| 4 | Comfort Systems Usa | 35.64 Bn | 29.60 Bn | 934.48 Mn | 0.04 |
| 5 | Otis Worldwide | 30.11 Bn | 26.50 Bn | 1.16 Bn | 0.56 |
| 6 | James Hardie Industries | 16.21 Bn | 15.14 Bn | 562.40 Mn | - |
| 7 | Masco | 16.11 Bn | 13.92 Bn | 720.00 Mn | 0.19 |
| 8 | Allegion | 15.72 Bn | 14.35 Bn | 548.20 Mn | 0.17 |
| 9 | Carlisle Companies | 14.80 Bn | 11.71 Bn | 494.90 Mn | 0.18 |
| 10 | Lennox International | 11.75 Bn | 11.57 Bn | 497.20 Mn | 0.13 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.19 |
| Jun 30, 2026 | 0.23 |
| Mar 31, 2026 | 0.42 |
| Dec 31, 2025 | 0.20 |
| Sep 30, 2025 | 0.22 |
| Jun 30, 2025 | 0.35 |
| Mar 31, 2025 | 0.93 |
| Dec 31, 2024 | 0.24 |
| Sep 30, 2024 | 0.15 |
| Jun 30, 2024 | 0.30 |
| Mar 31, 2024 | 1.11 |
| Dec 31, 2023 | 0.20 |
| Sep 30, 2023 | 0.20 |
| Jun 30, 2023 | 0.36 |
| Dec 31, 2022 | 0.23 |
| Sep 30, 2022 | 0.34 |
| Jun 30, 2022 | 0.29 |
| Dec 31, 2021 | 0.42 |
| Sep 30, 2021 | 0.38 |
| Jun 30, 2021 | 0.31 |
API Access
Trane Technologies FCF Payout Ratio 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-payout-ratio&ticker=TT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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-payout-ratio&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();