Growth Metrics

Trane Technologies (TT) Operating Expenses (2016 - 2025)

Trane Technologies (TT) has 17 years of Operating Expenses data on record, last reported at $934.9 million in Q4 2025.

  • For Q4 2025, Operating Expenses rose 3.51% year-over-year to $934.9 million; the TTM value through Dec 2025 reached $3.7 billion, up 4.54%, while the annual FY2025 figure was $3.7 billion, 4.54% up from the prior year.
  • Operating Expenses reached $934.9 million in Q4 2025 per TT's latest filing, down from $952.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $996.4 million in Q2 2025 and bottomed at $600.0 million in Q1 2021.
  • Average Operating Expenses over 5 years is $763.9 million, with a median of $741.4 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: fell 1.11% in 2022, then grew 28.94% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $605.8 million in 2021, then grew by 5.46% to $638.9 million in 2022, then grew by 22.66% to $783.7 million in 2023, then grew by 15.25% to $903.2 million in 2024, then rose by 3.51% to $934.9 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $934.9 million in Q4 2025, $952.9 million in Q3 2025, and $996.4 million in Q2 2025.