Trane Technologies (TT) Interest Expenses (2009 - 2026)

Trane Technologies (TT) reported Interest Expenses of $55.6 million for Q1 2026, down 4.3% on a YoY basis from $58.1 million in Q1 2025, and little changed quarter-over-quarter from $55.6 million in Q4 2025.

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

Trane Technologies has reported Interest Expenses for 18 years, with the latest figure at $55.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expenses fell 4.3% year-over-year to $55.6 million; the trailing twelve-month figure through Mar 2026 stood at $224.2 million (down 6.0% YoY), and the FY2025 full-year result was $226.7 million, down 4.91% from the prior year.
  • Interest Expenses for Q1 2026 stood at $55.6 million, roughly flat 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 $55.6 million in Q3 2025.
  • Historically, Interest Expenses has averaged $57.6 million across 5 years, with a median of $57.4 million in 2023.
  • Annual changes were most pronounced in 2023 — Interest Expenses rose 10.2% — and 2025, when it decreased 11.75%.
  • Trane Technologies' Interest Expenses stood at $55.9 million in 2022, then grew by 2.68% to $57.4 million in 2023, then advanced by 4.36% to $59.9 million in 2024, then retreated by 7.18% to $55.6 million in 2025, then changed by 0.0% to $55.6 million in 2026.
  • The last three Interest Expenses figures came in at $55.6 million (Q1 2026), $55.6 million (Q4 2025), and $55.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Trane Technologies 107.22 Bn 106.17 Bn 1.73 Bn 55.60 Mn
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn -
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn -
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn 15.20 Mn
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn 26.00 Mn
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn 28.30 Mn
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn 8.40 Mn
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn -
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn -
10 Owens Corning 10.30 Bn 10.07 Bn 510.00 Mn 66.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 55.60 Mn
Mar 31, 2026 55.60 Mn
Dec 31, 2025 55.60 Mn
Dec 31, 2025 55.60 Mn
Sep 30, 2025 55.60 Mn
Sep 30, 2025 55.60 Mn
Jun 30, 2025 57.40 Mn
Jun 30, 2025 57.40 Mn
Mar 31, 2025 58.10 Mn
Mar 31, 2025 58.10 Mn
Dec 31, 2024 59.90 Mn
Dec 31, 2024 59.90 Mn
Sep 30, 2024 63.00 Mn
Sep 30, 2024 63.00 Mn
Jun 30, 2024 57.50 Mn
Jun 30, 2024 57.50 Mn
Mar 31, 2024 58.10 Mn
Mar 31, 2024 58.10 Mn
Dec 31, 2023 57.40 Mn
Dec 31, 2023 57.40 Mn