Trane Technologies (TT) Free Cash Flow (2009 - 2026)
Trane Technologies (TT) posted Free Cash Flow of $1.0 billion for Q2 2026, up 83.65% on a QoQ basis from $556.5 million in Q1 2026, and up 68.06% year-over-year from $608.1 million in Q2 2025.
Analysis
Trane Technologies (TT) Free Cash Flow (2009 - 2026) Analysis & Trends
Trane Technologies has reported Free Cash Flow for 18 years, with the latest figure at $1.0 billion in Q2 2026.
- On a quarterly basis, Free Cash Flow rose 68.06% year-over-year to $1.0 billion in Q2 2026; TTM through Jun 2026 was $3.6 billion, a 26.1% increase from a year earlier, with the FY2025 full-year figure at $2.8 billion, up 1.08% from the prior year.
- Free Cash Flow was $1.0 billion for Q2 2026 at Trane Technologies, up from $556.5 million in the prior quarter.
- The five-year high for Free Cash Flow was $1.2 billion in Q3 2024, with the low at -$263.0 million in Q1 2022.
- Average Free Cash Flow over 5 years is $597.6 million, with a median of $619.7 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Free Cash Flow sank 220.09% in 2022, then soared 382.92% in 2024.
- Over 5 years, Free Cash Flow stood at $676.3 million in 2022, then rose by 27.27% to $860.7 million in 2023, then decreased by 9.39% to $779.9 million in 2024, then surged by 35.98% to $1.1 billion in 2025, then fell by 3.63% to $1.0 billion in 2026.
- The last three Free Cash Flow figures came in at $1.0 billion (Q2 2026), $556.5 million (Q1 2026), and $1.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.32 Bn | 96.02 Bn | 2.26 Bn | 1.02 Bn |
| 2 | Johnson Controls International | 88.44 Bn | 87.84 Bn | 2.47 Bn | 1.19 Bn |
| 3 | Comfort Systems Usa | 59.52 Bn | 57.67 Bn | 844.23 Mn | 998.06 Mn |
| 4 | Carrier Global | 47.35 Bn | 46.33 Bn | 1.94 Bn | 810.00 Mn |
| 5 | Lennox International | 12.64 Bn | 12.59 Bn | 539.50 Mn | 136.30 Mn |
| 6 | Modine Manufacturing | 9.98 Bn | 9.92 Bn | - | - |
| 7 | SPX Technologies | 9.61 Bn | 9.44 Bn | 272.80 Mn | 68.50 Mn |
| 8 | Smith A O | 7.80 Bn | 7.62 Bn | 387.80 Mn | 114.40 Mn |
| 9 | Aaon | 6.58 Bn | 6.58 Bn | 152.49 Mn | -31.18 Mn |
| 10 | Legence | 6.12 Bn | 6.21 Bn | 220.23 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 |