Trane Technologies (TT) Net Margin (2009 - 2026)
Trane Technologies (TT) reported Net Margin of 0.2% for Q1 2026, down 1.0% on a YoY basis from 0.2% in Q1 2025, and up 52.07% quarter-over-quarter from 0.42% in Q4 2025.
Trane Technologies (TT) Net Margin (2009 - 2026) Analysis & Trends
Trane Technologies has reported Net Margin for 18 years, with the latest figure 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.
- The five-year high for Net Margin was 0.05% in Q2 2025, with the low at 0.42% in Q4 2025.
- Historically, Net Margin has averaged 0.15% across 5 years, with a median of 0.15% in 2023.
- Annual changes were most pronounced in 2022 — Net Margin increased 18 bps — and 2025, when it tumbled 35 bps.
- Trane Technologies' Net Margin stood at 0.12% in 2022, then tumbled by 69 bps to 0.2% in 2023, then soared by 66 bps to 0.07% in 2024, then plunged by 502 bps to 0.42% in 2025, then soared 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | -0.20% |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | -1.04% |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 4.47% |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 10.33% |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | 11.89% |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | - |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | -0.79% |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 1.55% |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 7.55% |
| 10 | Owens Corning | 10.30 Bn | 10.07 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% |