Trane Technologies (TT) Payables (2009 - 2026)
Trane Technologies' Payables came in at $3.1 billion for Q3 2026, up 29.5% from $2.4 billion a year earlier and up 4.3% from the prior quarter.
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Analysis
Trane Technologies (TT) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Trane Technologies' Payables was $2.15 billion, up 0.3% from FY2024.
- Payables carries a five-year compound annual growth rate of 7.2% (FY2020 to FY2025).
- Going back by year, Payables was $2.15 billion in FY2024 (+6.1%), $2.03 billion in FY2023 (-3.2%), $2.09 billion in FY2022 (+17.0%) and $1.79 billion in FY2021 (+17.6%).
- The Q3 2026 figure represents the highest quarterly Payables in data going back to Q2 2009.
- Year-over-year, Payables has increased for 11 consecutive quarters, with growth averaging 12.3% over the last eight quarters.
- The fastest year-over-year change in Payables over five years came in Q3 2026 (growth of 29.5%), and the weakest in Q4 2023 (a decline of 3.2%).
- Business Quant data shows TT's Payables at $2.98 billion (Q2 2026), $2.42 billion (Q1 2026) and $2.15 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 93.66 Bn | 88.28 Bn | 2.38 Bn | 3.10 Bn |
| 2 | Johnson Controls International | 87.35 Bn | 85.08 Bn | 2.47 Bn | 4.78 Bn |
| 3 | Carrier Global | 43.73 Bn | 38.10 Bn | 1.90 Bn | 3.27 Bn |
| 4 | Comfort Systems Usa | 39.84 Bn | 33.80 Bn | 934.48 Mn | 945.97 Mn |
| 5 | Otis Worldwide | 29.53 Bn | 25.92 Bn | 1.16 Bn | 2.15 Bn |
| 6 | James Hardie Industries | 17.19 Bn | 15.75 Bn | 562.40 Mn | 561.40 Mn |
| 7 | Masco | 16.43 Bn | 14.23 Bn | 720.00 Mn | 862.00 Mn |
| 8 | Allegion | 15.94 Bn | 14.56 Bn | 548.20 Mn | 283.20 Mn |
| 9 | Carlisle Companies | 15.38 Bn | 12.28 Bn | 494.90 Mn | 378.20 Mn |
| 10 | Lennox International | 11.88 Bn | 11.69 Bn | 497.20 Mn | 1.01 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.10 Bn |
| Jun 30, 2026 | 2.98 Bn |
| Mar 31, 2026 | 2.42 Bn |
| Dec 31, 2025 | 2.15 Bn |
| Sep 30, 2025 | 2.40 Bn |
| Jun 30, 2025 | 2.53 Bn |
| Mar 31, 2025 | 2.27 Bn |
| Dec 31, 2024 | 2.15 Bn |
| Sep 30, 2024 | 2.19 Bn |
| Jun 30, 2024 | 2.18 Bn |
| Mar 31, 2024 | 2.01 Bn |
| Dec 31, 2023 | 2.03 Bn |
| Sep 30, 2023 | 2.09 Bn |
| Jun 30, 2023 | 2.18 Bn |
| Mar 31, 2023 | 1.96 Bn |
| Dec 31, 2022 | 2.09 Bn |
| Sep 30, 2022 | 2.06 Bn |
| Jun 30, 2022 | 2.00 Bn |
| Mar 31, 2022 | 1.93 Bn |
| Dec 31, 2021 | 1.79 Bn |
API Access
Trane Technologies Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=TT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "TT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();