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) Price to free cash flow

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As of 5 November 2026, Trane Technologies plc (TT) trades at a price to free cash flow of 22.6×. Over the past ten years it has ranged from 8.4× (October 2016) to 49.1× (August 2022); the current reading is higher than 51% of that period. That is above the Building Products & Equipment industry median of 18.4× and above the Industrials sector median of 19.6×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 30.6× 1.96%
FY2024 30.1× 14.64%
FY2023 26.2× (19.71%)
FY2022 32.7× (6.53%)
FY2021 34.9× 29.19%
FY2020 27.0× 85.38%
FY2019 14.6× (6.01%)
FY2018 15.5× 14.72%
FY2017 13.5× 18.90%
FY2016 11.4× (34.23%)

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 25.9× (14.83%)
Jun 2026 30.4× 4.06%
Mar 2026 29.2× (4.58%)
Dec 2025 30.6× (17.21%)
43 more quarters

Against its own ten years

Low 8.4× High 49.1×
Ten-year median 22.5×
Current reading's percentile 51

Price to free cash flow against peers

Company Price to free cash flow
OC Owens Corning Inc compare 11.5×
LII Lennox International, Inc. compare 14.4×
MAIR Madison Air Solutions Corporation compare 14.7×
MAS Masco Corporation compare 15.5×
WMS Advanced Drainage Systems, Inc. compare 16.9×
CARR Carrier Global Corporation compare 18.4×
CSL Carlisle Companies Incorporated compare 20.0×
TT Trane Technologies plc 22.6×
JCI Johnson Controls International plc compare 23.5×
Building Products & Equipment industry median 18.4×
Industrials sector median 19.6×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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