Trane Technologies (TT) Net Margin (2009 - 2026)
Trane Technologies posted quarterly Net Margin of 0.2% for Q1 2026, down 1.0% year-on-year from 0.2% in Q1 2025, and up 52.07% on a QoQ basis from 0.42% in Q4 2025.
Trane Technologies (TT) has 18 years of Net Margin data on file, last reported at 0.2% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 1.0% year-over-year to 0.2%; the trailing twelve-month figure through Mar 2026 stood at 0.18% (down 4.0% YoY), and the FY2025 full-year result was 0.17%, down 5.0% from the prior year.
- Net Margin for Q1 2026 stood at 0.2%, up from 0.42% in the prior quarter.
- Across five years, Net Margin topped out at 0.05% in Q2 2025 and bottomed at 0.42% in Q4 2025.
- The 5-year median for Net Margin is 0.15% (2023), against an average of 0.15%.
- The widest annual swing landed in 2022, when Net Margin increased 18 bps; it then sank 35 bps in 2025.
- A 5-year view of Net Margin shows it stood at 0.12% in 2022, then slumped by 69 bps to 0.2% in 2023, then jumped by 66 bps to 0.07% in 2024, then tumbled by 502 bps to 0.42% in 2025, then jumped by 52 bps to 0.2% in 2026.
- The last three Net Margin figures came in at 0.2% (Q1 2026), 0.42% (Q4 2025), and 0.16% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | -0.20% |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | -1.04% |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 4.47% |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 10.33% |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 11.89% |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | - |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 7.55% |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | -0.79% |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 1.55% |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | -6.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.20% |
| Dec 31, 2025 | -0.42% |
| Sep 30, 2025 | -0.16% |
| Jun 30, 2025 | 0.05% |
| Mar 31, 2025 | -0.19% |
| Dec 31, 2024 | -0.07% |
| Sep 30, 2024 | -0.16% |
| Jun 30, 2024 | -0.13% |
| Mar 31, 2024 | -0.13% |
| Dec 31, 2023 | -0.20% |
| Sep 30, 2023 | -0.13% |
| Jun 30, 2023 | -0.13% |
| Mar 31, 2023 | -0.15% |
| Dec 31, 2022 | -0.12% |
| Sep 30, 2022 | -0.18% |
| Jun 30, 2022 | -0.04% |
| Mar 31, 2022 | -0.21% |
| Dec 31, 2021 | -0.22% |
| Sep 30, 2021 | -0.36% |
| Jun 30, 2021 | -0.01% |
| Mar 31, 2021 | 0.03% |
| Dec 31, 2020 | -0.06% |
| Sep 30, 2020 | -0.16% |
| Jun 30, 2020 | -1.15% |
| Mar 31, 2020 | -3.00% |
| Dec 31, 2019 | 2.73% |
| Sep 30, 2019 | 2.20% |
| Jun 30, 2019 | 1.32% |
| Mar 31, 2019 | 2.01% |
| Dec 31, 2018 | 63.36% |
| Sep 30, 2018 | -0.29% |
| Jun 30, 2018 | -0.14% |
| Mar 31, 2018 | -0.28% |
| Dec 31, 2017 | -0.85% |
| Sep 30, 2017 | 0.10% |
| Jun 30, 2017 | 0.21% |
| Mar 31, 2017 | -0.22% |
| Dec 31, 2016 | -0.04% |
| Sep 30, 2016 | 0.40% |
| Jun 30, 2016 | -0.18% |
| Mar 31, 2016 | 0.93% |
| Dec 31, 2015 | -0.03% |
| Sep 30, 2015 | -0.34% |
| Jun 30, 2015 | -0.11% |
| Mar 31, 2015 | -0.25% |
| Dec 31, 2014 | 1.34% |
| Sep 30, 2014 | -0.21% |
| Jun 30, 2014 | -0.13% |
| Mar 31, 2014 | 0.11% |
| Dec 31, 2013 | -1.42% |
| Sep 30, 2013 | -1.45% |
| Jun 30, 2013 | 1.41% |
| Mar 31, 2013 | 1.49% |
| Dec 31, 2012 | 17.76% |
| Sep 30, 2012 | -0.34% |
| Jun 30, 2012 | 0.20% |
| Mar 31, 2012 | -0.07% |
| Dec 31, 2011 | 18.57% |
| Sep 30, 2011 | -0.26% |
| Jun 30, 2011 | -0.74% |
| Mar 31, 2011 | -0.28% |
| Dec 31, 2010 | 0.00% |
| Sep 30, 2010 | -1.06% |
| Jun 30, 2010 | -1.26% |
| Mar 31, 2010 | -0.51% |
| Dec 31, 2009 | 0.26% |
| Sep 30, 2009 | -0.32% |
| Jun 30, 2009 | -0.52% |
| Mar 31, 2009 | -0.21% |