Trane Technologies (TT) Tax Rate (2009 - 2026)

Trane Technologies has reported Tax Rate for 18 years, with the latest figure at 18.76% in Q2 2026.

• On a quarterly basis, Tax Rate fell 107.0% year-over-year to 18.76% in Q2 2026; TTM through Jun 2026 was 18.99%, a 25.0% increase from a year earlier, with the FY2025 full-year figure at 19.19%, down 17.0% from the prior year.
• Tax Rate was 18.76% for Q2 2026 at Trane Technologies, up from 18.52% in the prior quarter.
• The five-year high for Tax Rate was 22.13% in Q2 2023, with the low at 14.07% in Q4 2022.
• Average Tax Rate over 5 years is 18.65%, with a median of 18.74% recorded in 2024.
• The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 291 bps in 2022, then soared 403 bps in 2023.
• Over 5 years, Tax Rate stood at 14.07% in 2022, then climbed by 14 bps to 15.97% in 2023, then rose by 13 bps to 18.03% in 2024, then retreated by 8 bps to 16.57% in 2025, then climbed by 13 bps to 18.76% in 2026.
• The last three Tax Rate figures came in at 18.76% (Q2 2026), 18.52% (Q1 2026), and 16.57% (Q4 2025), per Business Quant data.