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.

Revenue
+17.7%
EPS
+25.4%
Free cash flow
+28.8%
Total debt
−8.63%

Quarter to September 2026, against a year earlier

394.05 16.43 −4.00%
Market cap
$85.9B
P/E
27.8×
Fwd P/E
27.1×
Dividend yield
1.04%
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 5 November 2026, Trane Technologies plc (TT) trades at a EV/EBITDA of 19.6×. Over the past ten years it has ranged from 7.3× (February 2016) to 26.8× (June 2026); the current reading is higher than 67% of that period. That is above the Building Products & Equipment industry median of 13.3× and above the Industrials sector median of 12.4×.

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× 34.65%
FY2019 15.0× 29.36%
FY2018 11.6× 15.94%
FY2017 10.0× 10.28%
FY2016 9.1× 13.11%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 22.4× (12.32%)
Jun 2026 25.6× 14.72%
Mar 2026 22.3× 7.98%
Dec 2025 20.6× (8.10%)
43 more quarters

Against its own ten years

Low 7.3× High 26.8×
Ten-year median 16.3×
Current reading's percentile 67

EV/EBITDA against peers

Company EV/EBITDA
OC Owens Corning Inc compare 7.4×
LII Lennox International, Inc. compare 11.4×
WMS Advanced Drainage Systems, Inc. compare 12.4×
MAS Masco Corporation compare 13.9×
CSL Carlisle Companies Incorporated compare 14.3×
MAIR Madison Air Solutions Corporation compare 16.3×
CARR Carrier Global Corporation compare 16.4×
TT Trane Technologies plc 19.6×
JCI Johnson Controls International plc compare 23.5×
Building Products & Equipment industry median 13.3×
Industrials sector median 12.4×
Market median 10.9×

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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