Trane Technologies TT
NYSE TT
$444.15 -1.85 (-0.41%)
As of: Sep 9, 2026 · 3:59 PM EDT

Trane Technologies (TT) Operating Expenses (2009 - 2026)

Trane Technologies (TT) posted Operating Expenses of $1.0 billion for Q2 2026, up 8.76% on a QoQ basis from $952.0 million in Q1 2026, and up 3.91% year-over-year from $996.4 million in Q2 2025.

Analysis

Trane Technologies (TT) Operating Expenses (2009 - 2026) Analysis & Trends

Trane Technologies has reported Operating Expenses for 18 years, with the latest figure at $1.0 billion in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 3.91% year-over-year to $1.0 billion in Q2 2026; TTM through Jun 2026 was $3.9 billion, a 4.51% increase from a year earlier, with the FY2025 full-year figure at $3.7 billion, up 4.54% from the prior year.
  • Operating Expenses was $1.0 billion for Q2 2026 at Trane Technologies, up from $952.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $1.0 billion in Q2 2026, with the low at $600.8 million in Q1 2022.
  • Average Operating Expenses over 5 years is $823.3 million, with a median of $842.4 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses retreated 1.11% in 2022, then increased 28.94% in 2024.
  • Over 5 years, Operating Expenses stood at $638.9 million in 2022, then advanced by 22.66% to $783.7 million in 2023, then increased by 15.25% to $903.2 million in 2024, then gained by 3.51% to $934.9 million in 2025, then increased by 10.75% to $1.0 billion in 2026.
  • The last three Operating Expenses figures came in at $1.0 billion (Q2 2026), $952.0 million (Q1 2026), and $934.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Trane Technologies 98.27 Bn 96.95 Bn 2.26 Bn 1.04 Bn
2 Johnson Controls International 87.97 Bn 87.32 Bn 2.47 Bn 1.49 Bn
3 Comfort Systems Usa 56.85 Bn 55.00 Bn 844.23 Mn 287.05 Mn
4 Carrier Global 47.99 Bn 46.64 Bn 1.94 Bn 5.58 Bn
5 Lennox International 13.02 Bn 12.97 Bn 539.50 Mn 183.10 Mn
6 Modine Manufacturing 9.82 Bn 9.75 Bn - -
7 SPX Technologies 9.64 Bn 9.48 Bn 272.80 Mn 15.80 Mn
8 Smith A O 7.92 Bn 7.74 Bn 387.80 Mn 220.30 Mn
9 Aaon 6.32 Bn 6.32 Bn 152.49 Mn 83.61 Mn
10 Csw Industrials 4.90 Bn 4.87 Bn - -197.38 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.04 Bn
Mar 31, 2026 952.00 Mn
Dec 31, 2025 934.90 Mn
Sep 30, 2025 952.90 Mn
Jun 30, 2025 996.40 Mn
Mar 31, 2025 858.60 Mn
Dec 31, 2024 903.20 Mn
Sep 30, 2024 949.80 Mn
Jun 30, 2024 901.30 Mn
Mar 31, 2024 826.10 Mn
Dec 31, 2023 783.70 Mn
Sep 30, 2023 793.90 Mn
Jun 30, 2023 699.00 Mn
Mar 31, 2023 686.70 Mn
Dec 31, 2022 638.90 Mn
Sep 30, 2022 693.30 Mn
Jun 30, 2022 612.80 Mn
Mar 31, 2022 600.80 Mn
Dec 31, 2021 605.80 Mn
Sep 30, 2021 620.80 Mn