Trane Technologies plc TT

454.44 15.90 3.63% as of 25 Sep
Market cap
$96.8B
P/E
34.5×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Trane Technologies plc (TT) P/E ratio

As of 25 September 2026, Trane Technologies plc (TT) trades at a P/E ratio of 34.5×. Over the past ten years it has ranged from 8.7× (October 2016) to 47.8× (March 2021); the current reading is higher than 82% of that period. That is above the Building Products & Equipment industry median of 24.5× and above the Industrials sector median of 24.8×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2025 30.0× (8.67%)
FY2024 32.8× 19.93%
FY2023 27.4× 19.54%
FY2022 22.9× (33.35%)
FY2021 34.4× (16.68%)
FY2020 41.2× 131.15%
FY2019 17.8× 35.10%
FY2018 13.2× (2.76%)
FY2017 13.6× 29.78%
FY2016 10.5× (39.50%)

Quarterly

Period P/E ratio Change
Jun 2026 37.2× 15.45%
Mar 2026 32.2× 7.49%
Dec 2025 30.0× (7.62%)
Sep 2025 32.5× (6.43%)
42 more quarters

Against its own ten years

Low 8.7× High 47.8×
Ten-year median 22.6×
Current reading's percentile 82

P/E ratio against peers

Company P/E ratio
OC Owens Corning Inc compare n/m
MAS Masco Corporation compare 15.8×
LII Lennox International, Inc. compare 16.8×
CSL Carlisle Companies Incorporated compare 18.6×
WMS Advanced Drainage Systems, Inc. compare 22.8×
JCI Johnson Controls International plc compare 26.0×
SPXC SPX Technologies, Inc. compare 30.7×
TT Trane Technologies plc 34.5×
CARR Carrier Global Corporation compare 38.9×
Building Products & Equipment industry median 24.5×
Industrials sector median 24.8×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on TT