Trane Technologies (TT) Tax Provisions (2009 - 2026)
Trane Technologies' Tax Provisions came in at $218.2 million for Q2 2026, up 0.7% from $216.7 million a year earlier and up 60.1% from the prior quarter.
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Analysis
Trane Technologies (TT) Tax Provisions (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Trane Technologies reported Tax Provisions of $708.8 million, up 6.1% year-over-year; for FY2025, it was $705.9 million, up 12.5% from FY2024.
- Tax Provisions has increased in each of the last eight years, with a five-year compound annual growth rate of 18.9% (FY2020 to FY2025).
- Going back by year, Tax Provisions was $627.6 million in FY2024 (+25.9%), $498.4 million in FY2023 (+32.6%), $375.9 million in FY2022 (+12.7%) and $333.5 million in FY2021 (+12.4%).
- The five-year range for quarterly Tax Provisions is $61.1 million (Q1 2022) to $231.5 million (Q3 2025).
- Year-over-year, Tax Provisions increased in seven of the last eight quarters, with growth averaging 13.3%.
- The fastest year-over-year change in Tax Provisions over five years came in Q3 2023 (growth of 50.4%), and the weakest in Q4 2021 (a decline of 9.5%).
- Business Quant data shows TT's Tax Provisions at $136.3 million (Q1 2026), $122.8 million (Q4 2025) and $231.5 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.25 Bn | 94.99 Bn | 2.26 Bn | 218.20 Mn |
| 2 | Johnson Controls International | 90.55 Bn | 88.31 Bn | 2.47 Bn | 165.00 Mn |
| 3 | Comfort Systems Usa | 58.58 Bn | 53.83 Bn | 844.23 Mn | 124.64 Mn |
| 4 | Carrier Global | 45.65 Bn | 40.28 Bn | 1.94 Bn | 180.00 Mn |
| 5 | Otis Worldwide | 24.99 Bn | 21.59 Bn | 1.14 Bn | 98.00 Mn |
| 6 | James Hardie Industries | 14.56 Bn | 13.29 Bn | 548.70 Mn | 53.00 Mn |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 107.00 Mn |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 43.30 Mn |
| 9 | Carlisle Companies | 12.96 Bn | 9.31 Bn | 568.40 Mn | 76.00 Mn |
| 10 | Lennox International | 12.44 Bn | 12.25 Bn | 539.50 Mn | 70.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 218.20 Mn |
| Mar 31, 2026 | 136.30 Mn |
| Dec 31, 2025 | 122.80 Mn |
| Sep 30, 2025 | 231.50 Mn |
| Jun 30, 2025 | 216.70 Mn |
| Mar 31, 2025 | 134.90 Mn |
| Dec 31, 2024 | 135.30 Mn |
| Sep 30, 2024 | 181.10 Mn |
| Jun 30, 2024 | 205.80 Mn |
| Mar 31, 2024 | 105.50 Mn |
| Dec 31, 2023 | 98.20 Mn |
| Sep 30, 2023 | 157.50 Mn |
| Jun 30, 2023 | 169.60 Mn |
| Mar 31, 2023 | 73.20 Mn |
| Dec 31, 2022 | 73.50 Mn |
| Sep 30, 2022 | 104.70 Mn |
| Jun 30, 2022 | 136.60 Mn |
| Mar 31, 2022 | 61.10 Mn |
| Dec 31, 2021 | 65.50 Mn |
| Sep 30, 2021 | 96.80 Mn |
API Access
Trane Technologies Tax Provisions 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=tax-provisions&ticker=TT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();