Trane Technologies (TT) Tax Provisions (2009 - 2026)
Trane Technologies (TT) posted Tax Provisions of $218.2 million for Q2 2026, up 60.09% on a QoQ basis from $136.3 million in Q1 2026, and up 0.69% year-over-year from $216.7 million in Q2 2025.
Analysis
Trane Technologies (TT) Tax Provisions (2009 - 2026) Analysis & Trends
Trane Technologies has reported Tax Provisions for 18 years, with the latest figure at $218.2 million in Q2 2026.
- On a quarterly basis, Tax Provisions rose 0.69% year-over-year to $218.2 million in Q2 2026; TTM through Jun 2026 was $708.8 million, a 6.11% increase from a year earlier, with the FY2025 full-year figure at $705.9 million, up 12.48% from the prior year.
- Tax Provisions was $218.2 million for Q2 2026 at Trane Technologies, up from $136.3 million in the prior quarter.
- The five-year high for Tax Provisions was $231.5 million in Q3 2025, with the low at $61.1 million in Q1 2022.
- Average Tax Provisions over 5 years is $142.4 million, with a median of $135.8 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2025: Tax Provisions soared 50.43% in 2023, then fell 9.24% in 2025.
- Over 5 years, Tax Provisions stood at $73.5 million in 2022, then surged by 33.61% to $98.2 million in 2023, then soared by 37.78% to $135.3 million in 2024, then slipped by 9.24% to $122.8 million in 2025, then soared by 77.69% to $218.2 million in 2026.
- The last three Tax Provisions figures came in at $218.2 million (Q2 2026), $136.3 million (Q1 2026), and $122.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 98.27 Bn | 96.95 Bn | 2.26 Bn | 218.20 Mn |
| 2 | Johnson Controls International | 87.97 Bn | 87.32 Bn | 2.47 Bn | 165.00 Mn |
| 3 | Comfort Systems Usa | 56.85 Bn | 55.00 Bn | 844.23 Mn | 124.64 Mn |
| 4 | Carrier Global | 47.99 Bn | 46.64 Bn | 1.94 Bn | 180.00 Mn |
| 5 | Lennox International | 13.02 Bn | 12.97 Bn | 539.50 Mn | 70.60 Mn |
| 6 | Modine Manufacturing | 9.82 Bn | 9.75 Bn | - | - |
| 7 | SPX Technologies | 9.64 Bn | 9.48 Bn | 272.80 Mn | 22.90 Mn |
| 8 | Smith A O | 7.92 Bn | 7.74 Bn | 387.80 Mn | 33.10 Mn |
| 9 | Aaon | 6.32 Bn | 6.32 Bn | 152.49 Mn | 6.19 Mn |
| 10 | Csw Industrials | 4.90 Bn | 4.87 Bn | - | - |
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 |