Trane Technologies (TT) Price to Book (2009 - 2026)
Trane Technologies (TT) posted Price to Book of 12.5 for Q2 2026, up 16.86% on a QoQ basis from 10.7 in Q1 2026, and up 0.89% year-over-year from 12.39 in Q2 2025.
Analysis
Trane Technologies (TT) Price to Book (2009 - 2026) Analysis & Trends
Trane Technologies has reported Price to Book for 18 years, with the latest figure at 12.5 in Q2 2026.
- On a quarterly basis, Price to Book rose 0.89% year-over-year to 12.5 in Q2 2026; TTM through Jun 2026 was 12.5, a 0.89% increase from a year earlier, with the FY2025 full-year figure at 10.02, down 18.47% from the prior year.
- Price to Book was 12.5 for Q2 2026 at Trane Technologies, up from 10.7 in the prior quarter.
- The five-year high for Price to Book was 12.5 in Q2 2026, with the low at 5.24 in Q2 2022.
- Average Price to Book over 5 years is 9.14, with a median of 9.91 recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Price to Book dropped 24.11% in 2022, then soared 66.71% in 2024.
- Over 5 years, Price to Book stood at 6.97 in 2022, then gained by 25.45% to 8.75 in 2023, then jumped by 40.41% to 12.28 in 2024, then slipped by 18.47% to 10.02 in 2025, then grew by 24.81% to 12.5 in 2026.
- The last three Price to Book figures came in at 12.5 (Q2 2026), 10.7 (Q1 2026), and 10.02 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 98.27 Bn | 96.95 Bn | 2.26 Bn |
| 2 | Johnson Controls International | 87.97 Bn | 87.32 Bn | 2.47 Bn |
| 3 | Comfort Systems Usa | 56.85 Bn | 55.00 Bn | 844.23 Mn |
| 4 | Carrier Global | 47.99 Bn | 46.64 Bn | 1.94 Bn |
| 5 | Lennox International | 13.02 Bn | 12.97 Bn | 539.50 Mn |
| 6 | Modine Manufacturing | 9.82 Bn | 9.75 Bn | - |
| 7 | SPX Technologies | 9.64 Bn | 9.48 Bn | 272.80 Mn |
| 8 | Smith A O | 7.92 Bn | 7.74 Bn | 387.80 Mn |
| 9 | Aaon | 6.32 Bn | 6.32 Bn | 152.49 Mn |
| 10 | Csw Industrials | 4.90 Bn | 4.87 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.50 |
| Mar 31, 2026 | 10.70 |
| Dec 31, 2025 | 10.02 |
| Sep 30, 2025 | 11.21 |
| Jun 30, 2025 | 12.39 |
| Mar 31, 2025 | 10.00 |
| Dec 31, 2024 | 12.28 |
| Sep 30, 2024 | 11.49 |
| Jun 30, 2024 | 10.65 |
| Mar 31, 2024 | 9.83 |
| Dec 31, 2023 | 8.75 |
| Sep 30, 2023 | 6.89 |
| Jun 30, 2023 | 6.96 |
| Mar 31, 2023 | 6.93 |
| Dec 31, 2022 | 6.97 |
| Sep 30, 2022 | 5.68 |
| Jun 30, 2022 | 5.24 |
| Mar 31, 2022 | 5.94 |
| Dec 31, 2021 | 7.52 |
| Sep 30, 2021 | 6.32 |