Growth Metrics

Trane Technologies (TT) Free Cash Flow (2009 - 2026)

Trane Technologies posted quarterly Free Cash Flow of $546.5 million for Q1 2026, up 147.73% year-on-year from $220.6 million in Q1 2025, and down 47.18% on a QoQ basis from $1.0 billion in Q4 2025.

Trane Technologies (TT) has 18 years of Free Cash Flow data on file, last reported 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.
  • Across five years, Free Cash Flow topped out at $1.2 billion in Q3 2024 and bottomed at -$263.0 million in Q1 2022.
  • The 5-year median for Free Cash Flow is $602.2 million (2025), against an average of $557.1 million.
  • The widest annual swing landed in 2022, when Free Cash Flow plunged 220.09%; it then surged 370.98% in 2024.
  • A 5-year view of Free Cash Flow shows it stood at $481.6 million in 2022, then soared by 78.72% to $860.7 million in 2023, then slipped by 10.04% to $774.3 million in 2024, then surged by 33.62% to $1.0 billion in 2025, then tumbled 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 99.95 Bn 98.89 Bn 1.73 Bn 546.50 Mn
2 Johnson Controls International 84.54 Bn 84.01 Bn 2.07 Bn 531.00 Mn
3 Carrier Global 52.72 Bn 51.70 Bn 4.82 Bn -28.00 Mn
4 Lennox International 16.87 Bn 16.82 Bn 351.30 Mn -39.40 Mn
5 Masco 13.72 Bn 13.60 Bn 686.00 Mn -113.00 Mn
6 Carlisle Companies 13.62 Bn 12.85 Bn 363.20 Mn -73.00 Mn
7 Aaon 10.97 Bn 10.97 Bn 109.77 Mn -43.18 Mn
8 SPX Technologies 10.37 Bn 10.22 Bn 230.60 Mn 11.30 Mn
9 Advanced Drainage Systems 10.34 Bn 10.19 Bn 237.66 Mn -13.11 Mn
10 Owens Corning 9.48 Bn 9.24 Bn 510.00 Mn -387.00 Mn

Historic Data

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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
Sep 30, 2023 851.30 Mn
Sep 30, 2023 851.30 Mn
Jun 30, 2023 474.40 Mn
Jun 30, 2023 474.40 Mn
Mar 31, 2023 -60.30 Mn
Mar 31, 2023 -60.30 Mn
Dec 31, 2022 481.60 Mn
Dec 31, 2022 481.60 Mn
Sep 30, 2022 641.00 Mn
Sep 30, 2022 641.00 Mn
Jun 30, 2022 352.60 Mn
Jun 30, 2022 352.60 Mn
Mar 31, 2022 -263.00 Mn
Mar 31, 2022 -263.00 Mn
Dec 31, 2021 330.40 Mn
Dec 31, 2021 330.40 Mn
Sep 30, 2021 366.70 Mn
Sep 30, 2021 366.70 Mn
Jun 30, 2021 455.30 Mn
Jun 30, 2021 455.30 Mn
Mar 31, 2021 219.00 Mn
Mar 31, 2021 219.00 Mn
Dec 31, 2020 569.80 Mn
Dec 31, 2020 569.80 Mn
Sep 30, 2020 901.00 Mn
Sep 30, 2020 901.00 Mn
Jun 30, 2020 180.30 Mn
Jun 30, 2020 180.30 Mn
Mar 31, 2020 -362.30 Mn
Mar 31, 2020 -362.30 Mn
Dec 31, 2019 416.80 Mn
Dec 31, 2019 416.80 Mn
Sep 30, 2019 600.90 Mn
Sep 30, 2019 600.90 Mn
Jun 30, 2019 402.20 Mn
Jun 30, 2019 402.20 Mn
Mar 31, 2019 -101.60 Mn
Mar 31, 2019 -101.60 Mn
Dec 31, 2018 17.40 Mn
Dec 31, 2018 17.40 Mn
Sep 30, 2018 480.90 Mn
Sep 30, 2018 480.90 Mn
Jun 30, 2018 333.30 Mn
Jun 30, 2018 333.30 Mn
Mar 31, 2018 -119.00 Mn
Mar 31, 2018 -119.00 Mn
Dec 31, 2017 599.40 Mn
Dec 31, 2017 599.40 Mn
Sep 30, 2017 398.10 Mn
Sep 30, 2017 398.10 Mn
Jun 30, 2017 421.40 Mn
Jun 30, 2017 421.40 Mn
Mar 31, 2017 -78.60 Mn
Mar 31, 2017 -78.60 Mn
Dec 31, 2016 355.20 Mn
Dec 31, 2016 355.20 Mn
Sep 30, 2016 550.00 Mn
Sep 30, 2016 550.00 Mn
Jun 30, 2016 386.10 Mn
Jun 30, 2016 386.10 Mn
Mar 31, 2016 -41.00 Mn
Mar 31, 2016 -41.00 Mn
Dec 31, 2015 531.90 Mn
Dec 31, 2015 531.90 Mn
Sep 30, 2015 38.50 Mn
Sep 30, 2015 38.50 Mn
Jun 30, 2015 239.30 Mn
Jun 30, 2015 239.30 Mn
Mar 31, 2015 -170.90 Mn
Mar 31, 2015 -170.90 Mn
Dec 31, 2014 351.20 Mn
Dec 31, 2014 351.20 Mn
Sep 30, 2014 368.40 Mn
Sep 30, 2014 368.40 Mn
Jun 30, 2014 211.10 Mn
Jun 30, 2014 211.10 Mn
Mar 31, 2014 -172.50 Mn
Mar 31, 2014 -172.50 Mn
Dec 31, 2013 363.30 Mn
Dec 31, 2013 363.30 Mn
Sep 30, 2013 296.80 Mn
Sep 30, 2013 296.80 Mn
Jun 30, 2013 260.60 Mn
Jun 30, 2013 260.60 Mn
Mar 31, 2013 -71.40 Mn
Mar 31, 2013 -71.40 Mn
Dec 31, 2012 300.30 Mn
Dec 31, 2012 300.30 Mn
Sep 30, 2012 386.30 Mn
Sep 30, 2012 386.30 Mn
Jun 30, 2012 302.20 Mn
Jun 30, 2012 302.20 Mn
Mar 31, 2012 -36.50 Mn
Mar 31, 2012 -36.50 Mn
Dec 31, 2011 393.80 Mn
Dec 31, 2011 393.80 Mn
Sep 30, 2011 339.20 Mn
Sep 30, 2011 339.20 Mn
Jun 30, 2011 367.20 Mn
Jun 30, 2011 367.20 Mn
Mar 31, 2011 -94.70 Mn
Mar 31, 2011 -94.70 Mn
Dec 31, 2010 50.70 Mn
Dec 31, 2010 50.70 Mn
Sep 30, 2010 259.60 Mn
Sep 30, 2010 259.60 Mn
Jun 30, 2010 278.80 Mn
Jun 30, 2010 278.80 Mn
Mar 31, 2010 -73.20 Mn
Mar 31, 2010 -73.20 Mn
Dec 31, 2009 193.30 Mn
Dec 31, 2009 193.30 Mn
Sep 30, 2009 553.60 Mn
Sep 30, 2009 553.60 Mn
Jun 30, 2009 812.80 Mn
Jun 30, 2009 812.80 Mn
Mar 31, 2009 -6.90 Mn
Mar 31, 2009 -6.90 Mn