Trane Technologies (TT) Price to Earnings (2009 - 2026)
Trane Technologies' Price to Earnings was 31.41 in Q3 2026, down 1.6% from 31.92 a year earlier and down 14.3% from the prior quarter.
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Analysis
Trane Technologies (TT) Price to Earnings (2009 - 2026) Analysis & Trends
For FY2025, Price to Earnings at Trane Technologies came in at 29.51, down 17.6% from FY2024.
- In earlier years, Price to Earnings was 35.81 in FY2024 (+18.1%), 30.33 in FY2023 (+25.1%), 24.24 in FY2022 (-26.9%) and 33.15 in FY2021 (-18.1%).
- Quarterly Price to Earnings has moved between 20.16 (Q2 2022) and 36.65 (Q2 2026) over five years.
- Compared with a year earlier, Price to Earnings was higher in four of the last eight quarters, with growth averaging 0.7%.
- The best year-over-year quarter for Price to Earnings over five years was Q3 2024 (growth of 50.4%); the worst was Q2 2022 (a decline of 38.0%).
- Per Business Quant data, TT's Price to Earnings in the three quarters before Q3 2026 was 36.65 (Q2 2026), 31.79 (Q1 2026) and 29.51 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 91.50 Bn | 86.14 Bn | 2.38 Bn |
| 2 | Johnson Controls International | 83.63 Bn | 81.11 Bn | 2.71 Bn |
| 3 | Carrier Global | 44.36 Bn | 39.10 Bn | 1.90 Bn |
| 4 | Comfort Systems Usa | 38.92 Bn | 32.88 Bn | 934.48 Mn |
| 5 | Otis Worldwide | 29.51 Bn | 26.06 Bn | 1.16 Bn |
| 6 | Masco | 16.33 Bn | 14.40 Bn | 720.00 Mn |
| 7 | Allegion | 16.19 Bn | 14.81 Bn | 548.20 Mn |
| 8 | James Hardie Industries | 16.17 Bn | 15.36 Bn | 562.40 Mn |
| 9 | Carlisle Companies | 15.38 Bn | 12.28 Bn | 494.90 Mn |
| 10 | Madison Air Solutions | 12.50 Bn | 9.16 Bn | 422.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 31.41 |
| Jun 30, 2026 | 36.65 |
| Mar 31, 2026 | 31.79 |
| Dec 31, 2025 | 29.51 |
| Sep 30, 2025 | 31.92 |
| Jun 30, 2025 | 34.08 |
| Mar 31, 2025 | 27.46 |
| Dec 31, 2024 | 35.81 |
| Sep 30, 2024 | 35.44 |
| Jun 30, 2024 | 31.97 |
| Mar 31, 2024 | 31.56 |
| Dec 31, 2023 | 30.33 |
| Sep 30, 2023 | 23.57 |
| Jun 30, 2023 | 23.23 |
| Mar 31, 2023 | 23.27 |
| Dec 31, 2022 | 24.24 |
| Sep 30, 2022 | 20.40 |
| Jun 30, 2022 | 20.16 |
| Mar 31, 2022 | 24.66 |
| Dec 31, 2021 | 33.15 |
API Access
Trane Technologies Price to Earnings 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=price-to-earnings&ticker=TT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();