Trane Technologies (TT) Payout Ratio (2009 - 2026)
Trane Technologies' (TT) Payout Ratio came in at 0.29 for Q3 2026, up 2.6% from 0.28 a year earlier but down 4.1% from the prior quarter.
Powered by 
Analysis
Trane Technologies (TT) Payout Ratio (2009 - 2026) Analysis & Trends
Since Q4 2009, Trane Technologies has reported Payout Ratio for 68 quarters.
- Annual Payout Ratio has declined for five consecutive years.
- In prior years, Trane Technologies' Payout Ratio was 0.29 in FY2024 (-12.7%), 0.34 in FY2023 (-4.3%), 0.35 in FY2022 (-10.4%) and 0.39 in FY2021 (-33.6%).
- Quarterly Payout Ratio has run from a low of 0.28 in Q3 2025 to a high of 0.40 in Q1 2022 over five years.
- On a year-over-year basis, Payout Ratio has increased in each of the last three quarters, with an average decline of 3.9% over the last eight quarters.
- The strongest year-over-year quarter for Payout Ratio in the past five years was Q2 2026, with growth of 6.8%; the weakest was Q4 2021, with a decline of 33.6%.
- According to Business Quant data, Payout Ratio for the three prior quarters was 0.30 (Q2 2026), 0.30 (Q1 2026) and 0.29 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn |
| 10 | Madison Air Solutions | 12.59 Bn | 9.25 Bn | 422.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.29 |
| Jun 30, 2026 | 0.30 |
| Mar 31, 2026 | 0.30 |
| Dec 31, 2025 | 0.29 |
| Sep 30, 2025 | 0.28 |
| Jun 30, 2025 | 0.28 |
| Mar 31, 2025 | 0.28 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.31 |
| Mar 31, 2024 | 0.33 |
| Dec 31, 2023 | 0.34 |
| Sep 30, 2023 | 0.34 |
| Jun 30, 2023 | 0.35 |
| Mar 31, 2023 | 0.35 |
| Dec 31, 2022 | 0.35 |
| Sep 30, 2022 | 0.37 |
| Jun 30, 2022 | 0.40 |
| Mar 31, 2022 | 0.40 |
| Dec 31, 2021 | 0.39 |
API Access
Trane Technologies Payout Ratio 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=payout-ratio&ticker=TT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();