Trane Technologies (TT) Return on Capital Employed (2009 - 2026)
Trane Technologies (TT) posted quarterly Return on Capital Employed of 26.65% for Q2 2026, down 108.0% year-over-year from 333.18% in Q2 2025, and little changed quarter-over-quarter from 26.55% in Q1 2026.
Trane Technologies (TT) Return on Capital Employed (2009 - 2026) Analysis & Trends
Trane Technologies' Return on Capital Employed history runs 18 years deep, the most recent figure standing at 26.65% for Q2 2026.
- In Q2 2026, Return on Capital Employed fell 108.0% year-over-year to 26.65%; the TTM figure through Jun 2026 stood at 26.65% (down 108.0% YoY), while the FY2025 annual figure was 27.37%, up 182.0% from the prior year.
- Return on Capital Employed for Q2 2026 stood at 26.65%, roughly flat from 26.55% in the prior quarter.
- The five-year high for Return on Capital Employed was 27.74% in Q2 2025, with the low at 15.53% in Q1 2022.
- The 5-year median for Return on Capital Employed is 23.68% (2024), against an average of 22.82%.
- The sharpest annual moves came in 2022 and 2026: Return on Capital Employed soared 466 bps in 2022, then sank 108 bps in 2026.
- Trane Technologies' Return on Capital Employed stood at 19.79% in 2022, then climbed by 12 bps to 22.1% in 2023, then grew by 10 bps to 24.21% in 2024, then grew by 8 bps to 26.26% in 2025, then increased by 2 bps to 26.65% in 2026.
- Business Quant data shows TT's Return on Capital Employed at 26.65% in Q2 2026, 26.55% in Q1 2026, and 26.26% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.53 Bn | 99.21 Bn | 2.26 Bn | 26.65% |
| 2 | Johnson Controls International | 87.33 Bn | 86.69 Bn | 2.47 Bn | 10.93% |
| 3 | Carrier Global | 50.21 Bn | 48.86 Bn | 1.94 Bn | 6.15% |
| 4 | Carlisle Companies | 14.76 Bn | 14.10 Bn | 568.40 Mn | 19.44% |
| 5 | Masco | 14.65 Bn | 14.10 Bn | 868.00 Mn | 36.39% |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 35.00% |
| 7 | Owens Corning | 11.94 Bn | 11.67 Bn | 793.00 Mn | 0.50% |
| 8 | Advanced Drainage Systems | 10.96 Bn | 10.80 Bn | 408.05 Mn | 17.03% |
| 9 | SPX Technologies | 10.30 Bn | 10.13 Bn | 272.80 Mn | 12.10% |
| 10 | Armstrong World Industries | 7.60 Bn | 7.52 Bn | 195.00 Mn | 25.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.65% |
| Mar 31, 2026 | 26.55% |
| Dec 31, 2025 | 26.26% |
| Sep 30, 2025 | 26.99% |
| Jun 30, 2025 | 27.74% |
| Mar 31, 2025 | 26.77% |
| Dec 31, 2024 | 24.21% |
| Sep 30, 2024 | 24.28% |
| Jun 30, 2024 | 24.43% |
| Mar 31, 2024 | 23.15% |
| Dec 31, 2023 | 22.10% |
| Sep 30, 2023 | 20.36% |
| Jun 30, 2023 | 20.79% |
| Mar 31, 2023 | 18.90% |
| Dec 31, 2022 | 19.79% |
| Sep 30, 2022 | 18.69% |
| Jun 30, 2022 | 17.61% |
| Mar 31, 2022 | 15.53% |
| Dec 31, 2021 | 15.12% |
| Sep 30, 2021 | 14.14% |