Trane Technologies (TT) Operating Income (2009 - 2026)
Trane Technologies (TT) posted quarterly Operating Income of $1.2 billion for Q2 2026, up 5.16% year-over-year from $1.2 billion in Q2 2025, and up 57.75% quarter-over-quarter from $776.1 million in Q1 2026.
Trane Technologies (TT) Operating Income (2009 - 2026) Analysis & Trends
Trane Technologies' Operating Income history runs 18 years deep, the most recent figure standing at $1.2 billion for Q2 2026.
- In Q2 2026, Operating Income rose 5.16% year-over-year to $1.2 billion; the TTM figure through Jun 2026 stood at $4.0 billion (up 4.44% YoY), while the FY2025 annual figure was $4.0 billion, up 13.35% from the prior year.
- Operating Income for Q2 2026 stood at $1.2 billion, up from $776.1 million in the prior quarter.
- The five-year high for Operating Income was $1.2 billion in Q2 2026, with the low at $388.2 million in Q1 2022.
- The 5-year median for Operating Income is $813.2 million (2024), against an average of $821.2 million.
- The sharpest annual moves came in 2024 and 2026: Operating Income soared 38.75% in 2024, then dropped 5.23% in 2026.
- Trane Technologies' Operating Income stood at $580.6 million in 2022, then rose by 18.43% to $687.6 million in 2023, then increased by 17.45% to $807.6 million in 2024, then increased by 1.41% to $819.0 million in 2025, then soared by 49.49% to $1.2 billion in 2026.
- Business Quant data shows TT's Operating Income at $1.2 billion in Q2 2026, $776.1 million in Q1 2026, and $819.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.48 Bn | 99.16 Bn | 2.26 Bn | 1.22 Bn |
| 2 | Johnson Controls International | 87.14 Bn | 86.49 Bn | 2.47 Bn | 987.00 Mn |
| 3 | Carrier Global | 49.85 Bn | 48.51 Bn | 1.94 Bn | 825.00 Mn |
| 4 | Carlisle Companies | 14.76 Bn | 14.10 Bn | 568.40 Mn | 352.50 Mn |
| 5 | Masco | 14.64 Bn | 14.09 Bn | 868.00 Mn | 470.00 Mn |
| 6 | Lennox International | 14.05 Bn | 13.99 Bn | 539.50 Mn | 355.00 Mn |
| 7 | Owens Corning | 11.93 Bn | 11.66 Bn | 793.00 Mn | 482.00 Mn |
| 8 | Advanced Drainage Systems | 10.96 Bn | 10.80 Bn | 408.05 Mn | 254.55 Mn |
| 9 | SPX Technologies | 10.33 Bn | 10.17 Bn | 272.80 Mn | 115.00 Mn |
| 10 | Armstrong World Industries | 7.59 Bn | 7.51 Bn | 195.00 Mn | 133.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.22 Bn |
| Mar 31, 2026 | 776.10 Mn |
| Dec 31, 2025 | 819.00 Mn |
| Sep 30, 2025 | 1.17 Bn |
| Jun 30, 2025 | 1.16 Bn |
| Mar 31, 2025 | 818.90 Mn |
| Dec 31, 2024 | 807.60 Mn |
| Sep 30, 2024 | 1.02 Bn |
| Jun 30, 2024 | 1.03 Bn |
| Mar 31, 2024 | 633.80 Mn |
| Dec 31, 2023 | 687.60 Mn |
| Sep 30, 2023 | 864.20 Mn |
| Jun 30, 2023 | 885.40 Mn |
| Mar 31, 2023 | 456.80 Mn |
| Dec 31, 2022 | 580.60 Mn |
| Sep 30, 2022 | 739.50 Mn |
| Jun 30, 2022 | 710.60 Mn |
| Mar 31, 2022 | 388.20 Mn |
| Dec 31, 2021 | 435.70 Mn |
| Sep 30, 2021 | 583.40 Mn |