Trane Technologies (TT) Free Cash Flow (2009 - 2026)
Trane Technologies (TT) reported Free Cash Flow of $546.5 million for Q1 2026, up 147.73% on a YoY basis from $220.6 million in Q1 2025, and down 47.18% quarter-over-quarter from $1.0 billion in Q4 2025.
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 $546.5 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 147.73% year-over-year to $546.5 million; the trailing twelve-month figure through Mar 2026 stood at $3.1 billion (up 10.78% YoY), and the FY2025 full-year result was $2.8 billion, up 1.32% from the prior year.
- Free Cash Flow for Q1 2026 stood at $546.5 million, down from $1.0 billion 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.
- Historically, Free Cash Flow has averaged $557.1 million across 5 years, with a median of $602.2 million in 2025.
- Annual changes were most pronounced in 2022 — Free Cash Flow slumped 220.09% — and 2024, when it surged 370.98%.
- Trane Technologies' Free Cash Flow stood at $481.6 million in 2022, then surged by 78.72% to $860.7 million in 2023, then decreased by 10.04% to $774.3 million in 2024, then jumped by 33.62% to $1.0 billion in 2025, then plunged by 47.18% to $546.5 million in 2026.
- The last three Free Cash Flow figures came in at $546.5 million (Q1 2026), $1.0 billion (Q4 2025), and $954.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 546.50 Mn |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 531.00 Mn |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | -28.00 Mn |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | -39.40 Mn |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | -113.00 Mn |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | -73.00 Mn |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 11.30 Mn |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | -13.11 Mn |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | -43.18 Mn |
| 10 | Owens Corning | 10.30 Bn | 10.07 Bn | 510.00 Mn | -387.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 546.50 Mn |
| Mar 31, 2026 | 546.50 Mn |
| Dec 31, 2025 | 1.03 Bn |
| Dec 31, 2025 | 1.03 Bn |
| Sep 30, 2025 | 954.10 Mn |
| Sep 30, 2025 | 954.10 Mn |
| Jun 30, 2025 | 602.20 Mn |
| Jun 30, 2025 | 602.20 Mn |
| Mar 31, 2025 | 220.60 Mn |
| Mar 31, 2025 | 220.60 Mn |
| Dec 31, 2024 | 774.30 Mn |
| Dec 31, 2024 | 774.30 Mn |
| Sep 30, 2024 | 1.20 Bn |
| Sep 30, 2024 | 1.20 Bn |
| Jun 30, 2024 | 638.50 Mn |
| Jun 30, 2024 | 638.50 Mn |
| Mar 31, 2024 | 163.40 Mn |
| Mar 31, 2024 | 163.40 Mn |
| Dec 31, 2023 | 860.70 Mn |
| Dec 31, 2023 | 860.70 Mn |