Trane Technologies (TT) Interest Expenses (2009 - 2026)
Trane Technologies (TT) recorded Interest Expenses of $53.1 million in Q2 2026, down 7.5% from $57.4 million a year earlier and down 4.5% from the prior quarter.
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Analysis
Trane Technologies (TT) Interest Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Trane Technologies' Interest Expenses came in at $219.9 million as of Jun 30, 2026, down 7.8% year-over-year; for FY2025, it came in at $226.7 million, down 4.9% from FY2024.
- Annual Interest Expenses has a five-year compound annual growth rate of -1.8% (FY2020 to FY2025).
- Across earlier years, Interest Expenses came in at $238.4 million in FY2024 (+1.7%), $234.5 million in FY2023 (+4.9%), $223.5 million in FY2022 (-4.4%) and $233.7 million in FY2021 (-6.0%).
- The Q2 2026 figure is the lowest quarterly Interest Expenses since Q1 2019.
- On a year-over-year basis, Interest Expenses has declined for five consecutive quarters, with an average decline of 2.2% over the last eight quarters.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 10.2% in Q2 2023, against a decline of 11.7% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $55.6 million (Q1 2026), $55.6 million (Q4 2025) and $55.6 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 103.16 Bn | 97.88 Bn | 2.26 Bn | 53.10 Mn |
| 2 | Johnson Controls International | 91.29 Bn | 89.02 Bn | 2.47 Bn | - |
| 3 | Comfort Systems Usa | 49.35 Bn | 44.60 Bn | 844.23 Mn | 1.44 Mn |
| 4 | Carrier Global | 46.50 Bn | 40.80 Bn | 1.94 Bn | - |
| 5 | Otis Worldwide | 27.54 Bn | 23.95 Bn | 1.14 Bn | - |
| 6 | James Hardie Industries | 15.24 Bn | 14.31 Bn | 548.70 Mn | 61.50 Mn |
| 7 | Masco | 14.93 Bn | 12.78 Bn | 868.00 Mn | 28.00 Mn |
| 8 | Carlisle Companies | 13.78 Bn | 10.13 Bn | 568.40 Mn | 27.40 Mn |
| 9 | Allegion | 13.41 Bn | 12.13 Bn | 517.50 Mn | 24.80 Mn |
| 10 | Lennox International | 12.63 Bn | 12.44 Bn | 539.50 Mn | 14.70 Mn |
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 |
API Access
Trane Technologies Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=TT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "TT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();