Trane Technologies (TT) Net Income (2009 - 2026)
Trane Technologies' Net Income was $1.05 billion in Q3 2026, up 23.9% from $850.8 million a year earlier and up 12.7% from the prior quarter.
Trane Technologies (TT) Net Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Trane Technologies' Net Income was $3.18 billion through Sep 30, 2026, up 7.6% year-over-year; for FY2025, it was $2.94 billion, up 13.4% from FY2024.
- Net Income has now increased for five consecutive years, with a five-year compound annual growth rate of 27.5% (FY2020 to FY2025).
- In earlier years, Net Income was $2.59 billion in FY2024 (+26.8%), $2.04 billion in FY2023 (+15.0%), $1.77 billion in FY2022 (+23.5%) and $1.44 billion in FY2021 (+65.1%).
- The Q3 2026 figure marks the highest quarterly Net Income in data going back to Q1 2009.
- Compared with a year earlier, Net Income was higher in six of the last eight quarters, with growth averaging 13.6%.
- The best year-over-year quarter for Net Income over five years was Q1 2024 (growth of 41.4%); the worst was Q1 2026 (a decline of 3.2%).
- Per Business Quant data, TT's Net Income in the three quarters before Q3 2026 was $935.3 million (Q2 2026), $589.5 million (Q1 2026) and $596.9 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | 1.05 Bn |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn | - |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn | -2.59 Bn |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 489.04 Mn |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | 426.00 Mn |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | 151.00 Mn |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | 240.00 Mn |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 220.90 Mn |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 208.10 Mn |
| 10 | Madison Air Solutions | 12.59 Bn | 9.25 Bn | 422.70 Mn | 107.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.05 Bn |
| Jun 30, 2026 | 935.30 Mn |
| Mar 31, 2026 | 589.50 Mn |
| Dec 31, 2025 | 596.90 Mn |
| Sep 30, 2025 | 850.80 Mn |
| Jun 30, 2025 | 878.90 Mn |
| Mar 31, 2025 | 609.10 Mn |
| Dec 31, 2024 | 611.90 Mn |
| Sep 30, 2024 | 777.90 Mn |
| Jun 30, 2024 | 759.90 Mn |
| Mar 31, 2024 | 439.80 Mn |
| Dec 31, 2023 | 507.60 Mn |
| Sep 30, 2023 | 632.30 Mn |
| Jun 30, 2023 | 590.70 Mn |
| Mar 31, 2023 | 311.10 Mn |
| Dec 31, 2022 | 444.00 Mn |
| Sep 30, 2022 | 552.40 Mn |
| Jun 30, 2022 | 514.90 Mn |
| Mar 31, 2022 | 263.40 Mn |
| Dec 31, 2021 | 321.10 Mn |
Trane Technologies Net Income 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=net-income&ticker=TT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();