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) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Trane Technologies plc (TT) trades at a price to free cash flow of 28.4×. Over the past ten years it has ranged from 8.4× (October 2016) to 49.1× (August 2022); the current reading is higher than 65% of that period. That is above the Building Products & Equipment industry median of 16.8× and above the Industrials sector median of 20.1×.

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× 86.28%
FY2019 14.5× (6.02%)
FY2018 15.4× 14.74%
FY2017 13.5× 18.90%
FY2016 11.3× (34.55%)

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 30.4× 4.06%
Mar 2026 29.2× (4.58%)
Dec 2025 30.6× (17.21%)
Sep 2025 37.0× 6.78%
42 more quarters

Against its own ten years

Low 8.4× High 49.1×
Ten-year median 22.4×
Current reading's percentile 65

Price to free cash flow against peers

Company Price to free cash flow
OC Owens Corning Inc compare 9.3×
MAS Masco Corporation compare 12.7×
CSL Carlisle Companies Incorporated compare 15.5×
LII Lennox International, Inc. compare 16.8×
WMS Advanced Drainage Systems, Inc. compare 17.8×
CARR Carrier Global Corporation compare 23.6×
SPXC SPX Technologies, Inc. compare 27.4×
JCI Johnson Controls International plc compare 27.6×
TT Trane Technologies plc 28.4×
Building Products & Equipment industry median 16.8×
Industrials sector median 20.1×
Market median 14.2×

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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