Trane Technologies (TT) Times Interest Earned (2009 - 2026)
Trane Technologies' (TT) Times Interest Earned was 25.63 for Q3 2026, up 22.3% from 20.96 a year earlier and up 11.2% from the prior quarter.
Trane Technologies (TT) Times Interest Earned (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Trane Technologies' Times Interest Earned came in at 19.21, up 12.2% year-over-year; for FY2025, it was 17.50, up 19.2% from FY2024.
- Times Interest Earned has increased for five consecutive years.
- By year, Times Interest Earned came in at 14.68 in FY2024 (+19.0%), 12.34 in FY2023 (+14.0%), 10.82 in FY2022 (+25.0%) and 8.66 in FY2021 (+40.5%).
- The Q3 2026 figure ranks as the highest quarterly Times Interest Earned in data going back to Q1 2009.
- Year over year, Times Interest Earned gained in seven of the last eight quarters, with growth averaging 16.0%.
- The high point for year-over-year Times Interest Earned in five years was Q1 2024 (growth of 37.6%); the low point was Q1 2026 (a decline of 1.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 23.06 (Q2 2026), 13.96 (Q1 2026) and 14.73 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | 25.63 |
| 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 | - |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 421.44 |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | - |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | 4.80 |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | 11.66 |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 11.76 |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 10.58 |
| 10 | Madison Air Solutions | 12.59 Bn | 9.25 Bn | 422.70 Mn | 5.82 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.63 |
| Jun 30, 2026 | 23.06 |
| Mar 31, 2026 | 13.96 |
| Dec 31, 2025 | 14.73 |
| Sep 30, 2025 | 20.96 |
| Jun 30, 2025 | 20.28 |
| Mar 31, 2025 | 14.09 |
| Dec 31, 2024 | 13.48 |
| Sep 30, 2024 | 16.26 |
| Jun 30, 2024 | 17.99 |
| Mar 31, 2024 | 10.91 |
| Dec 31, 2023 | 11.98 |
| Sep 30, 2023 | 14.93 |
| Jun 30, 2023 | 14.37 |
| Mar 31, 2023 | 7.93 |
| Dec 31, 2022 | 10.39 |
| Sep 30, 2022 | 13.25 |
| Jun 30, 2022 | 12.71 |
| Mar 31, 2022 | 6.93 |
| Dec 31, 2021 | 7.78 |
Trane Technologies Times Interest Earned 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=times-interest-earned&ticker=TT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=TT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();