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) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Trane Technologies plc (TT) trades at a P/B ratio of 11.7×. Over the past ten years it has ranged from 1.7× (February 2016) to 13.4× (July 2025); the current reading is higher than 91% of that period. That is above the Building Products & Equipment industry median of 2.8× and above the Industrials sector median of 2.2×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 10.1× (9.57%)
FY2024 11.2× 42.35%
FY2023 7.8× 19.96%
FY2022 6.5× (14.99%)
FY2021 7.7× 41.76%
FY2020 5.4× 59.16%
FY2019 3.4× 37.57%
FY2018 2.5× 1.70%
FY2017 2.4× 7.14%
FY2016 2.3× 17.52%

Quarterly newest first

Period P/B ratio Change
Jun 2026 12.6× 17.10%
Mar 2026 10.7× 6.26%
Dec 2025 10.1× (10.33%)
Sep 2025 11.3× (9.45%)
42 more quarters

Against its own ten years

Low 1.7× High 13.4×
Ten-year median 5.1×
Current reading's percentile 91

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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