Trane Technologies (TT) Inventory (2009 - 2026)
Trane Technologies (TT) reported Inventory of $2.6 billion for Q3 2026, up 10.5% from $2.36 billion a year earlier but down 0.6% from the prior quarter.
Trane Technologies (TT) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025, Trane Technologies posted Inventory of $2.1 billion, up 6.7% from FY2024.
- Inventory has a five-year compound annual growth rate of 12.1% (FY2020 to FY2025).
- By year, Inventory came in at $1.97 billion in FY2024 (-8.4%), $2.15 billion in FY2023 (+7.9%), $1.99 billion in FY2022 (+30.2%) and $1.53 billion in FY2021 (+28.7%).
- Five-year quarterly Inventory spans a low of $1.53 billion in Q4 2021 and a high of $2.62 billion in Q2 2026.
- Year over year, Inventory has now increased in each of the last six quarters, with growth averaging 5.5% over the last eight quarters.
- The high point for year-over-year Inventory in five years was Q1 2022 (growth of 36.4%); the low point was Q4 2024 (a decline of 8.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $2.62 billion (Q2 2026), $2.4 billion (Q1 2026) and $2.1 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 88.43 Bn | 83.04 Bn | 2.38 Bn | 2.60 Bn |
| 2 | Johnson Controls International | 81.95 Bn | 79.68 Bn | 2.47 Bn | 1.96 Bn |
| 3 | Carrier Global | 43.09 Bn | 37.47 Bn | 1.90 Bn | 2.84 Bn |
| 4 | Comfort Systems Usa | 35.64 Bn | 29.60 Bn | 934.48 Mn | 120.92 Mn |
| 5 | Otis Worldwide | 30.11 Bn | 26.50 Bn | 1.16 Bn | 689.00 Mn |
| 6 | James Hardie Industries | 16.21 Bn | 15.14 Bn | 562.40 Mn | 511.70 Mn |
| 7 | Masco | 16.11 Bn | 13.92 Bn | 720.00 Mn | 1.05 Bn |
| 8 | Allegion | 15.72 Bn | 14.35 Bn | 548.20 Mn | 539.40 Mn |
| 9 | Carlisle Companies | 14.80 Bn | 11.71 Bn | 494.90 Mn | 529.30 Mn |
| 10 | Lennox International | 11.75 Bn | 11.57 Bn | 497.20 Mn | 1.18 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.60 Bn |
| Jun 30, 2026 | 2.62 Bn |
| Mar 31, 2026 | 2.40 Bn |
| Dec 31, 2025 | 2.10 Bn |
| Sep 30, 2025 | 2.36 Bn |
| Jun 30, 2025 | 2.36 Bn |
| Mar 31, 2025 | 2.22 Bn |
| Dec 31, 2024 | 1.97 Bn |
| Sep 30, 2024 | 2.03 Bn |
| Jun 30, 2024 | 2.20 Bn |
| Mar 31, 2024 | 2.38 Bn |
| Dec 31, 2023 | 2.15 Bn |
| Sep 30, 2023 | 2.19 Bn |
| Jun 30, 2023 | 2.36 Bn |
| Mar 31, 2023 | 2.34 Bn |
| Dec 31, 2022 | 1.99 Bn |
| Sep 30, 2022 | 1.95 Bn |
| Jun 30, 2022 | 1.89 Bn |
| Mar 31, 2022 | 1.87 Bn |
| Dec 31, 2021 | 1.53 Bn |
Trane Technologies Inventory 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=inventory&ticker=TT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();