Trane Technologies (TT) Return on Assets [ROA] (2009 - 2026)
Trane Technologies (TT) recorded Return on Assets [ROA] of 13.28% in Q3 2026, down 0.65 percentage points from 13.93% a year earlier but up 0.55 percentage points from the prior quarter.
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Analysis
Trane Technologies (TT) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Trane Technologies reported Return on Assets [ROA] of 14.13%, up 1.03 percentage points from FY2024.
- Annual Return on Assets [ROA] has increased for five straight years, with a five-year change of +9.62 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Assets [ROA] came in at 13.10% in FY2024 (+2.20 pp), 10.90% in FY2023 (+1.08 pp), 9.82% in FY2022 (+1.89 pp) and 7.93% in FY2021 (+3.43 pp).
- Quarterly Return on Assets [ROA] has ranged from 7.92% in Q4 2021 to 14.00% in Q2 2025 over the past five years.
- On a year-over-year basis, Return on Assets [ROA] has declined for three consecutive quarters, with an average year-over-year change of +0.89 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 3.10 percentage points in Q4 2021, against a drop of 1.27 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 12.74% (Q2 2026), 13.20% (Q1 2026) and 13.72% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 88.43 Bn | 83.04 Bn | 2.38 Bn | 13.28% |
| 2 | Johnson Controls International | 81.95 Bn | 79.68 Bn | 2.47 Bn | 9.47% |
| 3 | Carrier Global | 43.09 Bn | 37.47 Bn | 1.90 Bn | -4.71% |
| 4 | Comfort Systems Usa | 35.64 Bn | 29.60 Bn | 934.48 Mn | 5.97% |
| 5 | Otis Worldwide | 30.11 Bn | 26.50 Bn | 1.16 Bn | 14.35% |
| 6 | James Hardie Industries | 16.21 Bn | 15.14 Bn | 562.40 Mn | 2.63% |
| 7 | Masco | 16.11 Bn | 13.92 Bn | 720.00 Mn | 18.20% |
| 8 | Allegion | 15.72 Bn | 14.35 Bn | 548.20 Mn | 12.77% |
| 9 | Carlisle Companies | 14.80 Bn | 11.71 Bn | 494.90 Mn | 11.72% |
| 10 | Lennox International | 11.75 Bn | 11.57 Bn | 497.20 Mn | 16.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.28% |
| Jun 30, 2026 | 12.74% |
| Mar 31, 2026 | 13.20% |
| Dec 31, 2025 | 13.72% |
| Sep 30, 2025 | 13.93% |
| Jun 30, 2025 | 14.00% |
| Mar 31, 2025 | 13.70% |
| Dec 31, 2024 | 12.62% |
| Sep 30, 2024 | 12.09% |
| Jun 30, 2024 | 11.83% |
| Mar 31, 2024 | 11.21% |
| Dec 31, 2023 | 10.66% |
| Sep 30, 2023 | 10.46% |
| Jun 30, 2023 | 10.32% |
| Mar 31, 2023 | 10.13% |
| Dec 31, 2022 | 9.91% |
| Sep 30, 2022 | 9.33% |
| Jun 30, 2022 | 8.54% |
| Mar 31, 2022 | 8.19% |
| Dec 31, 2021 | 7.92% |
API Access
Trane Technologies Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=TT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();