Trane Technologies (TT) Invested Capital (2009 - 2026)
Trane Technologies posted quarterly Invested Capital of $9.3 billion for Q1 2026, up 10.93% year-on-year from $8.4 billion in Q1 2025, and down 29.64% on a QoQ basis from $13.2 billion in Q4 2025.
Trane Technologies (TT) has 18 years of Invested Capital data on file, last reported at $9.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital rose 10.93% year-over-year to $9.3 billion; the trailing twelve-month figure through Mar 2026 stood at $9.3 billion (up 10.93% YoY), and the FY2025 full-year result was $13.2 billion, up 7.65% from the prior year.
- Invested Capital for Q1 2026 stood at $9.3 billion, down from $13.2 billion in the prior quarter.
- Across five years, Invested Capital topped out at $13.2 billion in Q4 2025 and bottomed at $6.4 billion in Q1 2022.
- The 5-year median for Invested Capital is $8.4 billion (2025), against an average of $8.7 billion.
- The widest annual swing landed in 2022, when Invested Capital decreased 6.21%; it then rose 22.03% in 2024.
- A 5-year view of Invested Capital shows it stood at $10.9 billion in 2022, then increased by 7.82% to $11.8 billion in 2023, then climbed by 3.9% to $12.3 billion in 2024, then increased by 7.65% to $13.2 billion in 2025, then fell by 29.64% to $9.3 billion in 2026.
- The last three Invested Capital figures came in at $9.3 billion (Q1 2026), $13.2 billion (Q4 2025), and $9.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 9.28 Bn |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 13.20 Bn |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 24.59 Bn |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 2.74 Bn |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | -242.00 Mn |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 4.54 Bn |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 894.99 Mn |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 2.29 Bn |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 2.02 Bn |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | 8.77 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.28 Bn |
| Dec 31, 2025 | 13.19 Bn |
| Sep 30, 2025 | 9.04 Bn |
| Jun 30, 2025 | 8.55 Bn |
| Mar 31, 2025 | 8.37 Bn |
| Dec 31, 2024 | 12.26 Bn |
| Sep 30, 2024 | 8.57 Bn |
| Jun 30, 2024 | 7.92 Bn |
| Mar 31, 2024 | 7.81 Bn |
| Dec 31, 2023 | 11.80 Bn |
| Sep 30, 2023 | 7.05 Bn |
| Jun 30, 2023 | 6.83 Bn |
| Mar 31, 2023 | 6.40 Bn |
| Dec 31, 2022 | 10.94 Bn |
| Sep 30, 2022 | 6.92 Bn |
| Jun 30, 2022 | 6.79 Bn |
| Mar 31, 2022 | 6.37 Bn |
| Dec 31, 2021 | 11.12 Bn |
| Sep 30, 2021 | 6.84 Bn |
| Jun 30, 2021 | 6.81 Bn |
| Mar 31, 2021 | 6.79 Bn |
| Dec 31, 2020 | 11.70 Bn |
| Sep 30, 2020 | 7.16 Bn |
| Jun 30, 2020 | 6.48 Bn |
| Mar 31, 2020 | 6.74 Bn |
| Dec 31, 2019 | 12.89 Bn |
| Sep 30, 2019 | 7.28 Bn |
| Jun 30, 2019 | 8.00 Bn |
| Mar 31, 2019 | 7.30 Bn |
| Dec 31, 2018 | 11.16 Bn |
| Sep 30, 2018 | 7.69 Bn |
| Jun 30, 2018 | 7.42 Bn |
| Mar 31, 2018 | 7.75 Bn |
| Dec 31, 2017 | 11.26 Bn |
| Sep 30, 2017 | 7.95 Bn |
| Jun 30, 2017 | 7.16 Bn |
| Mar 31, 2017 | 7.02 Bn |
| Dec 31, 2016 | 10.78 Bn |
| Sep 30, 2016 | 7.19 Bn |
| Jun 30, 2016 | 6.84 Bn |
| Mar 31, 2016 | 6.61 Bn |
| Dec 31, 2015 | 9.96 Bn |
| Sep 30, 2015 | 6.63 Bn |
| Jun 30, 2015 | 6.55 Bn |
| Mar 31, 2015 | 6.59 Bn |
| Dec 31, 2014 | 10.15 Bn |
| Sep 30, 2014 | 7.21 Bn |
| Jun 30, 2014 | 7.36 Bn |
| Mar 31, 2014 | 6.72 Bn |
| Dec 31, 2013 | 10.64 Bn |
| Sep 30, 2013 | 7.56 Bn |
| Jun 30, 2013 | 8.80 Bn |
| Mar 31, 2013 | 8.31 Bn |
| Dec 31, 2012 | 10.45 Bn |
| Sep 30, 2012 | 8.55 Bn |
| Jun 30, 2012 | 7.81 Bn |
| Mar 31, 2012 | 8.06 Bn |
| Dec 31, 2011 | 10.59 Bn |
| Sep 30, 2011 | 8.44 Bn |
| Jun 30, 2011 | 9.12 Bn |
| Mar 31, 2011 | 9.00 Bn |
| Dec 31, 2010 | 8.82 Bn |
| Sep 30, 2010 | 7.71 Bn |
| Jun 30, 2010 | 8.13 Bn |
| Mar 31, 2010 | 8.13 Bn |
| Dec 31, 2009 | 7.70 Bn |
| Sep 30, 2009 | 8.11 Bn |
| Jun 30, 2009 | 8.10 Bn |