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
DateValue
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