Trane Technologies TT
NYSE TT
$444.15 -1.85 (-0.41%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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