Trane Technologies (TT) Shares Outstanding (Entity) (2009 - 2026)
Trane Technologies' Shares Outstanding (Entity) was 218.9 million in Q3 2026, down 1.3% from 221.74 million a year earlier and down 0.5% from the prior quarter.
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Analysis
Trane Technologies (TT) Shares Outstanding (Entity) (2009 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Entity) at Trane Technologies came in at 221.33 million, down 11.1% from FY2024.
- Shares Outstanding (Entity) has now declined for three consecutive years, with a five-year compound annual growth rate of -1.5% (FY2020 to FY2025).
- In earlier years, Shares Outstanding (Entity) was 249 million in FY2024 (-1.1%), 251.7 million in FY2023 (-0.6%), 253.3 million in FY2022 (+8.5%) and 233.54 million in FY2021 (-2.1%).
- The Q3 2026 figure marks the lowest quarterly Shares Outstanding (Entity) in data going back to Q1 2009.
- Compared with a year earlier, Shares Outstanding (Entity) has declined for 15 straight quarters, with an average decline of 2.5% over the last eight quarters.
- The best year-over-year quarter for Shares Outstanding (Entity) over five years was Q4 2022 (growth of 8.5%); the worst was Q4 2025 (a decline of 11.1%).
- Per Business Quant data, TT's Shares Outstanding (Entity) in the three quarters before Q3 2026 was 220.02 million (Q2 2026), 221.06 million (Q1 2026) and 221.33 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | 218.90 Mn |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn | - |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn | 818.16 Mn |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 34.99 Mn |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | 380.71 Mn |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | 581.59 Mn |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | 192.80 Mn |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 84.32 Mn |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 38.80 Mn |
| 10 | Madison Air Solutions | 12.59 Bn | 9.25 Bn | 422.70 Mn | 525.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 218.90 Mn |
| Jun 30, 2026 | 220.02 Mn |
| Mar 31, 2026 | 221.06 Mn |
| Dec 31, 2025 | 221.33 Mn |
| Sep 30, 2025 | 221.74 Mn |
| Jun 30, 2025 | 222.52 Mn |
| Mar 31, 2025 | 223.02 Mn |
| Dec 31, 2024 | 249.00 Mn |
| Sep 30, 2024 | 225.02 Mn |
| Jun 30, 2024 | 225.67 Mn |
| Mar 31, 2024 | 226.35 Mn |
| Dec 31, 2023 | 251.70 Mn |
| Sep 30, 2023 | 227.56 Mn |
| Jun 30, 2023 | 228.40 Mn |
| Mar 31, 2023 | 228.05 Mn |
| Dec 31, 2022 | 253.30 Mn |
| Sep 30, 2022 | 230.31 Mn |
| Jun 30, 2022 | 231.72 Mn |
| Mar 31, 2022 | 233.86 Mn |
| Dec 31, 2021 | 233.54 Mn |
API Access
Trane Technologies Shares Outstanding (Entity) 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=shares-outstanding-entity&ticker=TT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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=shares-outstanding-entity&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();