Trane Technologies (TT) Property, Plant & Equipment (Net) (2009 - 2026)
Trane Technologies (TT) recorded Property, Plant & Equipment (Net) of $2.39 billion in Q2 2026, up 9.9% from $2.18 billion a year earlier and up 2.3% from the prior quarter.
Trane Technologies (TT) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, Trane Technologies reported Property, Plant & Equipment (Net) of $2.25 billion, up 11.2% from FY2024.
- Annual Property, Plant & Equipment (Net) has increased for five straight years, with a five-year compound annual growth rate of 10.8% (FY2020 to FY2025).
- Across earlier years, Property, Plant & Equipment (Net) came in at $2.02 billion in FY2024 (+14.2%), $1.77 billion in FY2023 (+15.4%), $1.54 billion in FY2022 (+9.8%) and $1.4 billion in FY2021 (+3.7%).
- The Q2 2026 figure is the highest quarterly Property, Plant & Equipment (Net) in data going back to Q2 2009.
- On a year-over-year basis, Property, Plant & Equipment (Net) has increased for 22 consecutive quarters, with growth averaging 14.1% over the last eight quarters.
- The year-over-year growth in Property, Plant & Equipment (Net) has ranged between 1.7% (Q3 2021) and 19.1% (Q2 2025) over the last five years.
- Per Business Quant, the preceding three quarters came in at $2.34 billion (Q1 2026), $2.25 billion (Q4 2025) and $2.21 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 102.06 Bn | 96.80 Bn | 2.26 Bn | 2.39 Bn |
| 2 | Johnson Controls International | 94.64 Bn | 92.40 Bn | 2.47 Bn | 1.98 Bn |
| 3 | Comfort Systems Usa | 60.88 Bn | 56.13 Bn | 844.23 Mn | 653.87 Mn |
| 4 | Carrier Global | 45.43 Bn | 40.06 Bn | 1.94 Bn | 3.16 Bn |
| 5 | Otis Worldwide | 24.39 Bn | 20.99 Bn | 1.14 Bn | 755.00 Mn |
| 6 | James Hardie Industries | 14.50 Bn | 13.23 Bn | 548.70 Mn | 3.05 Bn |
| 7 | Masco | 13.48 Bn | 11.58 Bn | 868.00 Mn | 1.19 Bn |
| 8 | Allegion | 13.12 Bn | 11.83 Bn | 517.50 Mn | 451.80 Mn |
| 9 | Carlisle Companies | 13.11 Bn | 9.46 Bn | 568.40 Mn | 827.60 Mn |
| 10 | Lennox International | 12.31 Bn | 12.11 Bn | 539.50 Mn | 934.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.39 Bn |
| Mar 31, 2026 | 2.34 Bn |
| Dec 31, 2025 | 2.25 Bn |
| Sep 30, 2025 | 2.21 Bn |
| Jun 30, 2025 | 2.18 Bn |
| Mar 31, 2025 | 2.07 Bn |
| Dec 31, 2024 | 2.02 Bn |
| Sep 30, 2024 | 1.91 Bn |
| Jun 30, 2024 | 1.83 Bn |
| Mar 31, 2024 | 1.79 Bn |
| Dec 31, 2023 | 1.77 Bn |
| Sep 30, 2023 | 1.68 Bn |
| Jun 30, 2023 | 1.65 Bn |
| Mar 31, 2023 | 1.58 Bn |
| Dec 31, 2022 | 1.54 Bn |
| Sep 30, 2022 | 1.43 Bn |
| Jun 30, 2022 | 1.43 Bn |
| Mar 31, 2022 | 1.42 Bn |
| Dec 31, 2021 | 1.40 Bn |
| Sep 30, 2021 | 1.34 Bn |
Trane Technologies Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=TT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();