Trane Technologies TT
NYSE TT
$442.31 +2.64 (+0.60%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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