Trane Technologies (TT) Free Cash Flow (2009 - 2026)
Trane Technologies (TT) reported Free Cash Flow of $1.02 billion for Q2 2026, up 68.1% from $608.1 million a year earlier and up 83.6% from the prior quarter.
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Analysis
Trane Technologies (TT) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Trane Technologies' Free Cash Flow came in at $3.58 billion, up 26.1% year-over-year; for FY2025, it was $2.84 billion, up 1.1% from FY2024.
- Free Cash Flow has increased for four consecutive years, with a five-year compound annual growth rate of 11.9% (FY2020 to FY2025).
- By year, Free Cash Flow came in at $2.81 billion in FY2024 (+32.0%), $2.13 billion in FY2023 (+51.1%), $1.41 billion in FY2022 (+2.6%) and $1.37 billion in FY2021 (-15.3%).
- Five-year quarterly Free Cash Flow spans a low of -$263 million in Q1 2022 and a high of $1.23 billion in Q3 2024.
- Year over year, Free Cash Flow has now increased in each of the last three quarters, with growth averaging 36.3% over the last eight quarters.
- The high point for year-over-year Free Cash Flow in five years was Q1 2026 (growth of 145.6%); the low point was Q3 2021 (a decline of 60.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $556.5 million (Q1 2026), $1.06 billion (Q4 2025) and $942.2 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 102.06 Bn | 96.80 Bn | 2.26 Bn | 1.02 Bn |
| 2 | Johnson Controls International | 94.64 Bn | 92.40 Bn | 2.47 Bn | 1.19 Bn |
| 3 | Comfort Systems Usa | 60.88 Bn | 56.13 Bn | 844.23 Mn | 998.06 Mn |
| 4 | Carrier Global | 45.43 Bn | 40.06 Bn | 1.94 Bn | 810.00 Mn |
| 5 | Otis Worldwide | 24.39 Bn | 20.99 Bn | 1.14 Bn | 223.00 Mn |
| 6 | James Hardie Industries | 14.50 Bn | 13.23 Bn | 548.70 Mn | 254.20 Mn |
| 7 | Masco | 13.48 Bn | 11.58 Bn | 868.00 Mn | 453.00 Mn |
| 8 | Allegion | 13.12 Bn | 11.83 Bn | 517.50 Mn | 180.50 Mn |
| 9 | Carlisle Companies | 13.11 Bn | 9.46 Bn | 568.40 Mn | 200.10 Mn |
| 10 | Lennox International | 12.31 Bn | 12.11 Bn | 539.50 Mn | 136.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.02 Bn |
| Mar 31, 2026 | 556.50 Mn |
| Dec 31, 2025 | 1.06 Bn |
| Sep 30, 2025 | 942.20 Mn |
| Jun 30, 2025 | 608.10 Mn |
| Mar 31, 2025 | 226.60 Mn |
| Dec 31, 2024 | 779.90 Mn |
| Sep 30, 2024 | 1.23 Bn |
| Jun 30, 2024 | 631.30 Mn |
| Mar 31, 2024 | 170.60 Mn |
| Dec 31, 2023 | 860.70 Mn |
| Sep 30, 2023 | 851.30 Mn |
| Jun 30, 2023 | 474.40 Mn |
| Mar 31, 2023 | -60.30 Mn |
| Dec 31, 2022 | 676.30 Mn |
| Sep 30, 2022 | 456.80 Mn |
| Jun 30, 2022 | 536.80 Mn |
| Mar 31, 2022 | -263.00 Mn |
| Dec 31, 2021 | 330.40 Mn |
| Sep 30, 2021 | 366.70 Mn |
API Access
Trane Technologies Free Cash Flow 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=free-cash-flow&ticker=TT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();