Growth Metrics

Trane Technologies (TT) Gross Margin (2016 - 2025)

Trane Technologies' Gross Margin history spans 17 years, with the latest figure at 217.33% for Q4 2025.

  • For Q4 2025, Gross Margin rose 10365.0% year-over-year to 217.33%; the TTM value through Dec 2025 reached 80.37%, up 2537.0%, while the annual FY2025 figure was 80.37%, 2537.0% up from the prior year.
  • Gross Margin reached 217.33% in Q4 2025 per TT's latest filing, up from 36.89% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 224.72% in Q4 2022 to a low of 29.47% in Q1 2022.
  • Average Gross Margin over 5 years is 75.38%, with a median of 35.21% recorded in 2024.
  • Peak YoY movement for Gross Margin: skyrocketed 11229bps in 2021, then tumbled -10977bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 220.9% in 2021, then grew by 2bps to 224.72% in 2022, then dropped by -1bps to 223.45% in 2023, then tumbled by -49bps to 113.68% in 2024, then surged by 91bps to 217.33% in 2025.
  • Per Business Quant, the three most recent readings for TT's Gross Margin are 217.33% (Q4 2025), 36.89% (Q3 2025), and 37.6% (Q2 2025).