Trane Technologies TT
NYSE TT
$439.67 -4.50 (-1.01%)
As of: Sep 10, 2026 · 3:59 PM EDT

Trane Technologies (TT) Interest Coverage Ratio (2009 - 2026)

Trane Technologies (TT) posted Interest Coverage Ratio of 23.06 for Q2 2026, up 65.18% on a QoQ basis from 13.96 in Q1 2026, and up 13.68% year-over-year from 20.28 in Q2 2025.

Analysis

Trane Technologies (TT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Trane Technologies has reported Interest Coverage Ratio for 18 years, with the latest figure at 23.06 in Q2 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 13.68% year-over-year to 23.06 in Q2 2026; TTM through Jun 2026 was 18.12, a 13.23% increase from a year earlier, with the FY2025 full-year figure at 17.5, up 19.2% from the prior year.
  • Interest Coverage Ratio was 23.06 for Q2 2026 at Trane Technologies, 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.
  • Average Interest Coverage Ratio over 5 years is 14.35, with a median of 14.03 recorded in 2025.
  • The sharpest annual moves came in 2024 and 2026: Interest Coverage Ratio soared 37.55% in 2024, then dropped 0.97% in 2026.
  • Over 5 years, Interest Coverage Ratio stood at 10.39 in 2022, then climbed by 15.33% to 11.98 in 2023, then rose by 12.55% to 13.48 in 2024, then climbed by 9.25% to 14.73 in 2025, then jumped by 56.53% to 23.06 in 2026.
  • The last three Interest Coverage Ratio figures came in at 23.06 (Q2 2026), 13.96 (Q1 2026), and 14.73 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Trane Technologies 97.21 Bn 95.89 Bn 2.26 Bn 23.06
2 Johnson Controls International 86.90 Bn 86.26 Bn 2.47 Bn -
3 Comfort Systems Usa 56.02 Bn 54.17 Bn 844.23 Mn 388.29
4 Carrier Global 46.82 Bn 45.47 Bn 1.94 Bn -
5 Lennox International 12.94 Bn 12.88 Bn 539.50 Mn 24.15
6 Modine Manufacturing 9.45 Bn 9.37 Bn - -
7 SPX Technologies 9.35 Bn 9.18 Bn 272.80 Mn 13.07
8 Smith A O 7.76 Bn 7.58 Bn 387.80 Mn 20.68
9 Aaon 6.28 Bn 6.28 Bn 152.49 Mn -
10 Csw Industrials 4.83 Bn 4.79 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 23.06
Mar 31, 2026 13.96
Dec 31, 2025 14.73
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