Trane Technologies plc

TT Industrials Building Products & Equipment

Trane Technologies plc’s revenue for fiscal 2025 (year ended December 2025) was $21.3 billion, up 7.48% from fiscal 2024. In the quarter to June 2026, revenue grew 10.6%, EPS grew 6.94%, free cash flow grew 67.9% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for three; insiders bought in the last twelve months.

458.89 1.53 +0.33%
Market cap
$100.6B
P/E
34.8×
Fwd P/E
30.8×
Dividend yield
0.89%
F-score
9/9
Altman Z
6.44
Beneish M
−2.46
Dividend safety
89/100

Trane Technologies plc (TT) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, Trane Technologies plc (TT) trades at a EV/EBITDA of 23.9×. Over the past ten years it has ranged from 7.3× (February 2016) to 26.8× (June 2026); the current reading is higher than 92% of that period. That is above the Building Products & Equipment industry median of 12.9× and above the Industrials sector median of 12.6×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 20.6× (7.68%)
FY2024 22.4× 23.49%
FY2023 18.1× 14.10%
FY2022 15.9× (27.61%)
FY2021 21.9× 8.72%
FY2020 20.2× 35.21%
FY2019 14.9× 29.35%
FY2018 11.5× 15.97%
FY2017 9.9× 10.28%
FY2016 9.0× 12.63%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 25.6× 14.72%
Mar 2026 22.3× 7.98%
Dec 2025 20.6× (8.10%)
Sep 2025 22.5× (6.96%)
42 more quarters

Against its own ten years

Low 7.3× High 26.8×
Ten-year median 16.3×
Current reading's percentile 92

EV/EBITDA against peers

Company EV/EBITDA
OC Owens Corning Inc compare 7.2×
LII Lennox International, Inc. compare 11.6×
WMS Advanced Drainage Systems, Inc. compare 12.6×
MAS Masco Corporation compare 12.9×
CSL Carlisle Companies Incorporated compare 12.9×
SPXC SPX Technologies, Inc. compare 15.9×
CARR Carrier Global Corporation compare 18.7×
TT Trane Technologies plc 23.9×
JCI Johnson Controls International plc compare 25.9×
Building Products & Equipment industry median 12.9×
Industrials sector median 12.6×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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