Trane Technologies (TT) Interest Coverage Ratio (2009 - 2026)
Trane Technologies (TT) posted quarterly Interest Coverage Ratio of 23.06 for Q2 2026, up 13.68% year-over-year from 20.28 in Q2 2025, and up 65.18% quarter-over-quarter from 13.96 in Q1 2026.
Trane Technologies (TT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Trane Technologies' Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 23.06 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio rose 13.68% year-over-year to 23.06; the TTM figure through Jun 2026 stood at 18.52 (up 15.7% YoY), while the FY2025 annual figure was 4.18, down 71.56% from the prior year.
- Interest Coverage Ratio for Q2 2026 stood at 23.06, up from 13.96 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 23.06 in Q2 2026, with the low at 6.93 in Q1 2022.
- The 5-year median for Interest Coverage Ratio is 14.03 (2025), against an average of 14.48.
- The sharpest annual moves came in 2022 and 2026: Interest Coverage Ratio soared 48.06% in 2022, then decreased 0.97% in 2026.
- Trane Technologies' Interest Coverage Ratio stood at 11.52 in 2022, then climbed by 3.99% to 11.98 in 2023, then grew by 12.55% to 13.48 in 2024, then rose by 19.34% to 16.09 in 2025, then soared by 43.29% to 23.06 in 2026.
- Business Quant data shows TT's Interest Coverage Ratio at 23.06 in Q2 2026, 13.96 in Q1 2026, and 16.09 in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn | 23.06 |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn | - |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn | - |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn | 16.79 |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn | 12.86 |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 24.15 |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn | 6.99 |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn | - |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn | 13.07 |
| 10 | Armstrong World Industries | 7.58 Bn | 7.50 Bn | 195.00 Mn | 17.15 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.06 |
| Mar 31, 2026 | 13.96 |
| Dec 31, 2025 | 27.58 |
| Sep 30, 2025 | 20.96 |
| Jun 30, 2025 | 20.28 |
| Mar 31, 2025 | 14.09 |
| Dec 31, 2024 | 13.48 |
| Sep 30, 2024 | 16.26 |
| Jun 30, 2024 | 17.99 |
| Mar 31, 2024 | 10.91 |
| Dec 31, 2023 | 11.98 |
| Sep 30, 2023 | 14.93 |
| Jun 30, 2023 | 14.37 |
| Mar 31, 2023 | 7.93 |
| Dec 31, 2022 | 10.39 |
| Sep 30, 2022 | 13.25 |
| Jun 30, 2022 | 12.71 |
| Mar 31, 2022 | 6.93 |
| Dec 31, 2021 | 7.78 |
| Sep 30, 2021 | 10.11 |