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/E ratio

Alert me on P/E ratio

As of 16 October 2026, Trane Technologies plc (TT) trades at a P/E ratio of 34.8×. Over the past ten years it has ranged from 8.7× (October 2016) to 47.8× (March 2021); the current reading is higher than 83% of that period. That is above the Building Products & Equipment industry median of 23.2× and above the Industrials sector median of 24.7×.

P/E ratio, daily

Embed this chart

Annual newest first

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 newest first

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 22.7×
Current reading's percentile 82

P/E ratio against peers

Company P/E ratio
OC Owens Corning Inc compare n/m
LII Lennox International, Inc. compare 16.1×
MAS Masco Corporation compare 16.8×
CSL Carlisle Companies Incorporated compare 19.0×
WMS Advanced Drainage Systems, Inc. compare 21.9×
JCI Johnson Controls International plc compare 25.2×
SPXC SPX Technologies, Inc. compare 29.5×
TT Trane Technologies plc 34.8×
CARR Carrier Global Corporation compare 37.9×
Building Products & Equipment industry median 23.2×
Industrials sector median 24.7×
Market median 18.1×

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