Trane Technologies TT Peer Comparison

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

121 Comparable Companies

Industry HVAC

Trane Technologies plc (TT) is the 4th largest of 121 HVAC companies by market capitalisation, at 98.27 Bn, behind Vertiv Holdings Co at 100.83 Bn. It trades on a P/E of 47.77, 93% above the peer median of 24.78. The table below compares all 121 on 8 financial metrics.

Download Data
# Ticker Company match industry_code industry_group industry_group_code Market Capitalization P/E P/S Enterprise Value
1 TT Trane Technologies plc primary I-14 Construction Products IG-03 98.27 Bn 47.77 4.42 96.95 Bn
2 JCI Johnson Controls International plc primary I-14 Construction Products IG-03 87.97 Bn 24.09 3.52 87.32 Bn
3 FIX Comfort Systems Usa Inc primary I-14 Construction Products IG-03 56.85 Bn 165.41 14.36 55.00 Bn
4 CARR CARRIER GLOBAL Corp primary I-14 Construction Products IG-03 47.99 Bn 40.84 2.17 46.64 Bn
5 LII Lennox International Inc primary I-14 Construction Products IG-03 13.02 Bn 16.51 2.46 12.97 Bn
6 MOD Modine Manufacturing Co primary I-14 Construction Products IG-03 9.82 Bn — — 9.75 Bn
7 SPXC SPX Technologies, Inc. primary I-14 Construction Products IG-03 9.64 Bn 34.77 3.89 9.48 Bn
8 AOS Smith A O Corp primary I-14 Construction Products IG-03 7.92 Bn 15.84 2.08 7.74 Bn
9 CSW Csw Industrials, Inc. primary I-14 Construction Products IG-03 4.90 Bn — — 4.87 Bn
10 LGN Legence Corp. primary I-14 Construction Products IG-03 4.21 Bn -45.37 1.27 3.92 Bn
11 REZI Resideo Technologies, Inc. primary I-14 Construction Products IG-03 2.85 Bn 7.86 0.37 2.30 Bn
12 EVOH EvoAir Holdings Inc. primary I-14 Construction Products IG-03 0.63 Bn -56.89 1,861.02 0.62 Bn
13 LMB Limbach Holdings, Inc. primary I-14 Construction Products IG-03 0.58 Bn 19.24 0.85 0.56 Bn
14 TKLS Trutankless, Inc. primary I-14 Construction Products IG-03 0.07 Bn -11.99 34.61 0.07 Bn
15 ENGS Energys Group Ltd primary I-14 Construction Products IG-03 0.04 Bn — — 0.04 Bn
16 WXM WF International Ltd. primary I-14 Construction Products IG-03 0.00 Bn — — 0.00 Bn
17 HD Home Depot, Inc. secondary D-35 Retail DG-10 308.87 Bn 21.71 1.83 306.78 Bn
18 PH Parker-Hannifin Corp secondary I-10 Machinery IG-02 120.13 Bn 32.93 5.59 119.63 Bn
19 VRT Vertiv Holdings Co secondary I-07 Machinery IG-02 100.83 Bn 58.22 8.78 97.72 Bn
20 HON Honeywell International Inc secondary I-01 Aerospace and Defense IG-01 65.01 Bn 8.00 1.71 55.81 Bn
21 BKR Baker Hughes Co secondary E-10 Oilfield Services and Equipment EG-04 63.03 Bn 20.18 2.27 47.30 Bn
22 WAB Westinghouse Air Brake Technologies Corp secondary I-11 Machinery IG-02 47.56 Bn 37.27 3.97 46.89 Bn
23 EME EMCOR Group, Inc. secondary I-15 Construction Services IG-04 33.52 Bn 23.29 1.80 32.59 Bn
24 SUNB Sunbelt Rentals Holdings, Inc. secondary I-32 Distribution and Rental IG-07 30.92 Bn 26.43 2.95 30.89 Bn
25 IR Ingersoll Rand Inc. secondary I-10 Machinery IG-02 28.77 Bn 29.78 3.62 27.60 Bn
26 DOV DOVER Corp secondary I-04 Machinery IG-02 25.81 Bn 22.74 3.06 24.05 Bn
27 NVT nVent Electric plc secondary I-07 Machinery IG-02 25.65 Bn 42.88 5.31 25.40 Bn
28 XYL Xylem Inc. secondary I-38 Environmental Equipment IG-09 25.39 Bn 25.16 2.78 24.11 Bn
29 CW Curtiss Wright Corp secondary I-02 Aerospace and Defense IG-01 20.85 Bn 38.53 5.71 20.37 Bn
30 ITT Itt Inc. secondary I-10 Machinery IG-02 17.74 Bn 41.58 3.74 17.14 Bn
31 IEX Idex Corp /De/ secondary I-10 Machinery IG-02 16.65 Bn 32.07 4.65 16.03 Bn
32 MLI Mueller Industries Inc secondary I-09 Machinery IG-02 13.87 Bn 16.43 2.98 12.46 Bn
33 IESC IES Holdings, Inc. secondary I-16 Construction Services IG-04 12.95 Bn 29.31 3.25 12.56 Bn
34 GGG Graco Inc secondary I-10 Machinery IG-02 12.50 Bn 23.42 5.51 11.99 Bn
35 AIT Applied Industrial Technologies Inc secondary I-31 Distribution and Rental IG-07 12.13 Bn 29.25 2.44 12.00 Bn
36 WTS Watts Water Technologies Inc secondary I-10 Machinery IG-02 11.94 Bn 31.10 4.46 11.59 Bn
37 CR Crane Co secondary I-01 Aerospace and Defense IG-01 11.67 Bn 34.71 4.50 11.32 Bn
38 AVTR Avantor, Inc. secondary I-31 Distribution and Rental IG-07 10.07 Bn -17.42 1.53 9.76 Bn
39 AYI Acuity Inc. (De) secondary I-13 Construction Products IG-03 9.72 Bn 20.58 2.11 9.31 Bn
40 FLS Flowserve Corp secondary I-10 Machinery IG-02 9.61 Bn 24.64 2.07 8.88 Bn
41 R Ryder System Inc secondary I-22 Transportation IG-05 9.43 Bn 19.00 0.74 9.43 Bn
42 PNR PENTAIR plc secondary I-10 Machinery IG-02 9.26 Bn 14.21 2.31 9.17 Bn
43 GPUS-PD Hyperscale Data, Inc. secondary T-59 Fintech TG-09 8.84 Bn -86.90 67.91 8.77 Bn
44 ZWS Zurn Elkay Water Solutions Corp secondary I-13 Construction Products IG-03 7.79 Bn 28.20 4.36 7.42 Bn
45 KEX Kirby Corp secondary I-21 Transportation IG-05 7.40 Bn 20.79 2.12 7.36 Bn
46 FSS Federal Signal Corp /De/ secondary I-05 Machinery IG-02 7.15 Bn 25.05 2.92 7.09 Bn
47 CHE Chemed Corp secondary H-15 Healthcare Providers HG-04 6.81 Bn 24.78 2.63 6.77 Bn
48 GTES Gates Industrial Corp Ltd. secondary I-04 Machinery IG-02 6.67 Bn 17.13 1.90 5.84 Bn
49 NPO Enpro Inc. secondary I-10 Machinery IG-02 6.36 Bn 144.14 5.19 6.28 Bn
50 ECG Everus Construction Group, Inc. secondary I-16 Construction Services IG-04 6.01 Bn 25.21 1.41 5.83 Bn
51 RUSHA Rush Enterprises Inc \Tx\ secondary I-31 Distribution and Rental IG-07 5.76 Bn 21.57 0.80 5.50 Bn
52 LYFT Lyft, Inc. secondary T-53 Internet Platforms TG-08 5.69 Bn 1.98 0.84 3.89 Bn
53 FTDR Frontdoor, Inc. secondary F-13 Insurance FG-04 5.62 Bn 20.60 2.62 5.00 Bn
54 HRI Herc Holdings Inc secondary I-32 Distribution and Rental IG-07 4.83 Bn 98.63 1.00 4.79 Bn
55 EQPT EquipmentShare.com Inc secondary I-32 Distribution and Rental IG-07 4.78 Bn 309.13 2.90 4.33 Bn
56 CAR Avis Budget Group, Inc. secondary D-21 Travel and Lodging DG-07 4.70 Bn -7.05 0.40 4.14 Bn
57 TPC Tutor Perini Corp secondary I-15 Construction Services IG-04 4.62 Bn 26.14 0.78 3.41 Bn
58 FELE Franklin Electric Co Inc secondary I-10 Machinery IG-02 4.35 Bn 27.61 1.97 4.25 Bn
59 MWA Mueller Water Products, Inc. secondary I-10 Machinery IG-02 3.75 Bn 16.89 2.54 3.26 Bn
60 BMI Badger Meter Inc secondary I-38 Environmental Equipment IG-09 3.70 Bn 29.40 4.19 3.60 Bn
61 WSC WillScot Holdings Corp secondary I-32 Distribution and Rental IG-07 3.50 Bn -50.78 1.53 3.50 Bn
62 KAI Kadant Inc secondary I-04 Machinery IG-02 3.44 Bn 30.90 2.98 3.30 Bn
63 CECO Ceco Environmental Corp secondary I-37 Environmental Equipment IG-09 3.38 Bn -119.96 3.74 3.32 Bn
64 WOR Worthington Enterprises, Inc. secondary I-13 Construction Products IG-03 2.95 Bn 18.88 2.13 2.92 Bn
65 DNOW DNOW Inc. secondary I-31 Distribution and Rental IG-07 2.93 Bn -14.22 0.72 2.82 Bn
66 ABM Abm Industries Inc /De/ secondary I-27 Business Services IG-06 2.92 Bn 17.58 0.32 2.81 Bn
67 DXPE Dxp Enterprises Inc secondary I-31 Distribution and Rental IG-07 2.90 Bn 31.12 1.35 2.67 Bn
68 HAYW Hayward Holdings, Inc. secondary I-10 Machinery IG-02 2.86 Bn 17.72 2.45 2.38 Bn
69 WHR Whirlpool Corp /De/ secondary D-06 Household Durables DG-02 2.39 Bn 13.66 0.16 1.15 Bn
70 LCII Lci Industries secondary I-09 Machinery IG-02 2.33 Bn 11.05 0.58 2.12 Bn
71 HLIO Helios Technologies, Inc. secondary I-10 Machinery IG-02 2.33 Bn 33.03 2.62 2.26 Bn
72 BBUC Brookfield Business Corp secondary I-15 Construction Services IG-04 2.30 Bn 230.44 0.09 -2.46 Bn
73 CTOS Custom Truck One Source, Inc. secondary I-32 Distribution and Rental IG-07 2.10 Bn 97.91 1.03 2.09 Bn
74 ICHR Ichor Holdings, Ltd. secondary I-10 Machinery IG-02 2.05 Bn -51.00 2.03 1.80 Bn
75 GRC Gorman Rupp Co secondary I-10 Machinery IG-02 1.97 Bn 31.67 2.81 1.93 Bn
76 TH Target Hospitality Corp. secondary I-32 Distribution and Rental IG-07 1.93 Bn -51.10 5.54 1.92 Bn
77 EPAC Enerpac Tool Group Corp secondary I-08 Machinery IG-02 1.86 Bn 19.97 2.94 1.75 Bn
78 TNC Tennant Co secondary I-04 Machinery IG-02 1.20 Bn 65.40 0.98 1.12 Bn
79 AMRC Ameresco, Inc. secondary I-15 Construction Services IG-04 1.20 Bn — — 1.10 Bn
80 SPH Suburban Propane Partners Lp secondary E-07 Refining and Marketing EG-03 1.16 Bn 10.63 0.83 1.16 Bn
81 NPKI NPK International Inc. secondary I-32 Distribution and Rental IG-07 1.14 Bn 27.69 3.78 1.13 Bn
82 GHM Graham Corp secondary I-10 Machinery IG-02 1.02 Bn 92.80 3.90 0.99 Bn
83 ASTE Astec Industries Inc secondary I-05 Machinery IG-02 0.97 Bn 49.79 0.62 0.89 Bn
84 FET Forum Energy Technologies, Inc. secondary E-11 Oilfield Services and Equipment EG-04 0.91 Bn -578.99 1.09 0.88 Bn
85 TRNS Transcat Inc secondary I-26 Business Services IG-06 0.78 Bn — — 0.77 Bn
86 HPP Hudson Pacific Properties, Inc. secondary R-02 Property REITs RG-01 0.77 Bn -1.40 0.95 0.77 Bn
87 MTW Manitowoc Co Inc secondary I-05 Machinery IG-02 0.76 Bn 25.36 0.33 0.65 Bn
88 TITN Titan Machinery Inc. secondary I-31 Distribution and Rental IG-07 0.56 Bn -9.80 0.24 0.56 Bn
89 NGS Natural Gas Services Group Inc secondary E-10 Oilfield Services and Equipment EG-04 0.48 Bn 23.66 2.56 0.48 Bn
90 ACTG Acacia Research Corp secondary F-11 Asset and Wealth Management FG-03 0.44 Bn -29.40 1.58 0.11 Bn
91 SGU Star Group, L.P. secondary E-07 Refining and Marketing EG-03 0.42 Bn 4.90 0.22 0.32 Bn
92 NOA North American Construction Group Ltd. secondary I-15 Construction Services IG-04 0.39 Bn 15.52 0.40 0.27 Bn
93 ERII Energy Recovery, Inc. secondary I-38 Environmental Equipment IG-09 0.38 Bn 24.78 3.15 0.29 Bn
94 CVEO Civeo Corp secondary I-27 Business Services IG-06 0.37 Bn -27.94 0.54 0.35 Bn
95 AIRJ AirJoule Technologies Corp. secondary I-38 Environmental Equipment IG-09 0.31 Bn -3.63 — 0.27 Bn
96 PPIH Perma-Pipe International Holdings, Inc. secondary I-10 Machinery IG-02 0.24 Bn 9.66 1.12 0.21 Bn
97 ALTG Alta Equipment Group Inc. secondary I-31 Distribution and Rental IG-07 0.20 Bn -2.35 0.11 0.17 Bn
98 NNBR Nn Inc secondary I-09 Machinery IG-02 0.18 Bn -4.96 0.40 0.17 Bn
99 AP Ampco Pittsburgh Corp secondary I-09 Machinery IG-02 0.17 Bn -4.03 0.55 0.17 Bn
100 MRT Marti Technologies, Inc. secondary T-53 Internet Platforms TG-08 0.17 Bn -2.39 3.39 0.16 Bn
101 TUSK Mammoth Energy Services, Inc. secondary E-10 Oilfield Services and Equipment EG-04 0.15 Bn 228.92 2.53 0.08 Bn
102 SMID Smith Midland Corp secondary I-13 Construction Products IG-03 0.13 Bn 17.23 1.49 0.12 Bn
103 SLNG Stabilis Solutions, Inc. secondary E-05 Oil and Gas Midstream EG-02 0.10 Bn -11.40 1.73 0.08 Bn
104 LUD Luda Technology Group Ltd secondary I-09 Machinery IG-02 0.10 Bn 66.93 2.90 0.09 Bn
105 HUHU HUHUTECH International Group Inc. secondary I-10 Machinery IG-02 0.10 Bn -5.67 4.76 0.09 Bn
106 INV Innventure, Inc. secondary F-11 Asset and Wealth Management FG-03 0.09 Bn -0.13 26.94 0.09 Bn
107 SKK SKK Holdings Ltd secondary I-16 Construction Services IG-04 0.08 Bn -30.42 6.37 0.08 Bn
108 MGTE Marblegate Capital Corp secondary F-06 Lending and Credit FG-02 0.07 Bn -1.63 1.21 0.06 Bn
109 SAIH SAIHEAT Ltd secondary T-59 Fintech TG-09 0.04 Bn -7.38 10.53 0.04 Bn
110 QRHC Quest Resource Holding Corp secondary I-34 Waste Management IG-08 0.03 Bn -2.10 0.12 0.03 Bn
111 CCM Concord Medical Services Holdings Ltd secondary H-13 Healthcare Providers HG-04 0.02 Bn -1.45 0.29 -0.02 Bn
112 TLIH Ten-League International Holdings Ltd secondary I-31 Distribution and Rental IG-07 0.02 Bn 2.31 0.29 0.01 Bn
113 BTCT BTC Digital Ltd. secondary T-59 Fintech TG-09 0.01 Bn -1.60 1.19 0.01 Bn
114 AIHS Senmiao Technology Ltd secondary F-06 Lending and Credit FG-02 0.01 Bn -0.27 5.15 0.00 Bn
115 JCSE JE Cleantech Holdings Ltd secondary I-04 Machinery IG-02 0.01 Bn 2.79 0.49 0.00 Bn
116 WKSP Worksport Ltd secondary D-02 Automobiles and Components DG-01 0.01 Bn -0.28 0.33 0.00 Bn
117 MWG Multi Ways Holdings Ltd secondary I-31 Distribution and Rental IG-07 0.00 Bn -11.91 0.11 0.00 Bn
118 IVDA Iveda Solutions, Inc. secondary T-41 Infrastructure Software TG-06 0.00 Bn -1.08 0.75 0.00 Bn
119 EHGO EShallGo Inc. secondary I-30 Business Services IG-06 0.00 Bn -0.19 0.14 -0.01 Bn
120 EVI Evi Industries, Inc. secondary I-31 Distribution and Rental IG-07 0.00 Bn 0.03 0.00 -0.01 Bn
121 MGN Megan Holdings Ltd. secondary I-15 Construction Services IG-04 0.00 Bn 0.02 0.00 -0.01 Bn