Trane Technologies (TT) Return on Equity [ROE] (2009 - 2026)
Trane Technologies (TT) recorded Return on Equity [ROE] of 34.45% in Q2 2026, down 2.99 percentage points from 37.44% a year earlier but up 0.57 percentage points from the prior quarter.
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Analysis
Trane Technologies (TT) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Trane Technologies reported Return on Equity [ROE] of 36.50%, up 0.79 percentage points from FY2024.
- Annual Return on Equity [ROE] has increased for five straight years, with a five-year change of +23.83 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Equity [ROE] came in at 35.71% in FY2024 (+4.59 pp), 31.12% in FY2023 (+2.44 pp), 28.67% in FY2022 (+6.05 pp) and 22.62% in FY2021 (+9.96 pp).
- Quarterly Return on Equity [ROE] has ranged from 21.29% in Q3 2021 to 37.44% in Q2 2025 over the past five years.
- On a year-over-year basis, Return on Equity [ROE] rose in six of the last eight quarters, with an average year-over-year change of +1.78 percentage points.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 8.93 percentage points in Q4 2021, against a drop of 2.99 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 33.88% (Q1 2026), 34.65% (Q4 2025) and 36.43% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 34.45% |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn | 26.99% |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn | 11.57% |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn | 9.70% |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn | - |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn | 2.26% |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn | - |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn | 31.21% |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn | 44.31% |
| 10 | Lennox International | 12.27 Bn | 12.07 Bn | 539.50 Mn | 62.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.45% |
| Mar 31, 2026 | 33.88% |
| Dec 31, 2025 | 34.65% |
| Sep 30, 2025 | 36.43% |
| Jun 30, 2025 | 37.44% |
| Mar 31, 2025 | 36.77% |
| Dec 31, 2024 | 34.30% |
| Sep 30, 2024 | 34.09% |
| Jun 30, 2024 | 33.72% |
| Mar 31, 2024 | 31.17% |
| Dec 31, 2023 | 29.77% |
| Sep 30, 2023 | 30.48% |
| Jun 30, 2023 | 30.79% |
| Mar 31, 2023 | 29.97% |
| Dec 31, 2022 | 29.64% |
| Sep 30, 2022 | 28.46% |
| Jun 30, 2022 | 25.66% |
| Mar 31, 2022 | 23.80% |
| Dec 31, 2021 | 22.52% |
| Sep 30, 2021 | 21.29% |
API Access
Trane Technologies Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=TT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();