Trane Technologies (TT) Interest Expenses (2009 - 2026)
Trane Technologies (TT) posted Interest Expenses of $53.1 million for Q2 2026, down 4.5% on a QoQ basis from $55.6 million in Q1 2026, and down 7.49% year-over-year from $57.4 million in Q2 2025.
Analysis
Trane Technologies (TT) Interest Expenses (2009 - 2026) Analysis & Trends
Trane Technologies has reported Interest Expenses for 18 years, with the latest figure at $53.1 million in Q2 2026.
- On a quarterly basis, Interest Expenses fell 7.49% year-over-year to $53.1 million in Q2 2026; TTM through Jun 2026 was $219.9 million, a 7.76% decrease from a year earlier, with the FY2025 full-year figure at $226.7 million, down 4.91% from the prior year.
- Interest Expenses was $53.1 million for Q2 2026 at Trane Technologies, down from $55.6 million in the prior quarter.
- The five-year high for Interest Expenses was $63.0 million in Q3 2024, with the low at $53.1 million in Q2 2026.
- Average Interest Expenses over 5 years is $57.3 million, with a median of $57.4 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2025: Interest Expenses gained 10.2% in 2023, then slipped 11.75% in 2025.
- Over 5 years, Interest Expenses stood at $55.9 million in 2022, then rose by 2.68% to $57.4 million in 2023, then grew by 4.36% to $59.9 million in 2024, then slipped by 7.18% to $55.6 million in 2025, then declined by 4.5% to $53.1 million in 2026.
- The last three Interest Expenses figures came in at $53.1 million (Q2 2026), $55.6 million (Q1 2026), and $55.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 98.27 Bn | 96.95 Bn | 2.26 Bn | 53.10 Mn |
| 2 | Johnson Controls International | 87.97 Bn | 87.32 Bn | 2.47 Bn | - |
| 3 | Comfort Systems Usa | 56.85 Bn | 55.00 Bn | 844.23 Mn | 1.44 Mn |
| 4 | Carrier Global | 47.99 Bn | 46.64 Bn | 1.94 Bn | - |
| 5 | Lennox International | 13.02 Bn | 12.97 Bn | 539.50 Mn | 14.70 Mn |
| 6 | Modine Manufacturing | 9.82 Bn | 9.75 Bn | - | - |
| 7 | SPX Technologies | 9.64 Bn | 9.48 Bn | 272.80 Mn | 8.80 Mn |
| 8 | Smith A O | 7.92 Bn | 7.74 Bn | 387.80 Mn | 8.10 Mn |
| 9 | Aaon | 6.32 Bn | 6.32 Bn | 152.49 Mn | - |
| 10 | Csw Industrials | 4.90 Bn | 4.87 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.10 Mn |
| Mar 31, 2026 | 55.60 Mn |
| Dec 31, 2025 | 55.60 Mn |
| Sep 30, 2025 | 55.60 Mn |
| Jun 30, 2025 | 57.40 Mn |
| Mar 31, 2025 | 58.10 Mn |
| Dec 31, 2024 | 59.90 Mn |
| Sep 30, 2024 | 63.00 Mn |
| Jun 30, 2024 | 57.50 Mn |
| Mar 31, 2024 | 58.10 Mn |
| Dec 31, 2023 | 57.40 Mn |
| Sep 30, 2023 | 57.90 Mn |
| Jun 30, 2023 | 61.60 Mn |
| Mar 31, 2023 | 57.60 Mn |
| Dec 31, 2022 | 55.90 Mn |
| Sep 30, 2022 | 55.80 Mn |
| Jun 30, 2022 | 55.90 Mn |
| Mar 31, 2022 | 56.00 Mn |
| Dec 31, 2021 | 56.00 Mn |
| Sep 30, 2021 | 57.70 Mn |