Trane Technologies TT
NYSE TT
$444.15 -1.85 (-0.41%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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