Trane Technologies annual free cash flow
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2025
Trane Technologies Free Cash Flow (FCF) History (TT)
Trane Technologies reported $2.81B in free cash flow for fiscal 2025, an increase of 1.32% from the previous fiscal year, with a free cash flow margin of 13.19%.
View full Trane Technologies company overviewTrane Technologies free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.81B | $36.5M | +1.32% | +13.19% |
| 2024 | 2024-12-31 | $2.77B | $686.1M | +32.85% | +13.99% |
| 2023 | 2023-12-31 | $2.09B | $876.7M | +72.32% | +11.82% |
| 2022 | 2022-12-31 | $1.21B | −$153.1M | −11.21% | +7.58% |
| 2021 | 2021-12-31 | $1.37B | $76.5M | +5.94% | +9.66% |
| 2020 | 2020-12-31 | $1.29B | −$425.3M | −24.81% | +10.35% |
| 2019 | 2019-12-31 | $1.71B | $591.0M | +52.62% | +13.11% |
| 2018 | 2018-12-31 | $1.12B | −$179.1M | −13.75% | +9.10% |
| 2017 | 2017-12-31 | $1.30B | −$37.0M | −2.76% | +9.17% |
| 2016 | 2016-12-31 | $1.34B | $700.4M | +109.64% | +9.91% |
| 2015 | 2015-12-31 | $638.8M | −$100.9M | −13.64% | +4.80% |
| 2014 | 2014-12-31 | $739.7M | −$109.6M | −12.90% | +5.74% |
| 2013 | 2013-12-31 | $849.3M | −$103.0M | −10.82% | +6.88% |
| 2012 | 2012-12-31 | $952.3M | −$17.4M | −1.79% | +7.94% |
| 2011 | 2011-12-31 | $969.7M | $453.8M | +87.96% | +6.56% |
| 2010 | 2010-12-31 | $515.9M | −$1.04B | −66.78% | +3.68% |
| 2009 | 2009-12-31 | $1.55B | $1.43B | +1210.38% | +11.94% |
| 2008 | 2008-12-31 | $118.5M | −$588.1M | −83.23% | +0.91% |
| 2007 | 2007-12-31 | $706.6M | — | — | +8.06% |
Trane Technologies quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.01B | $409.1M | +67.93% | +15.92% |
| Q1 2026 | 2026-03-31 | $546.5M | $325.9M | +147.73% | +11.00% |
| Q4 2025 | 2025-12-31 | $1.05B | $278.8M | +36.01% | +20.47% |
| Q3 2025 | 2025-09-30 | $935.6M | −$278.7M | −22.95% | +16.29% |
| Q2 2025 | 2025-06-30 | $602.2M | −$20.8M | −3.34% | +10.48% |
| Q1 2025 | 2025-03-31 | $220.6M | $57.2M | +35.01% | +4.71% |
| Q4 2024 | 2024-12-31 | $774.3M | −$77.0M | −9.04% | +15.89% |
| Q3 2024 | 2024-09-30 | $1.21B | $375.2M | +44.71% | +22.32% |
| Q2 2024 | 2024-06-30 | $623.0M | $155.9M | +33.38% | +11.74% |
| Q1 2024 | 2024-03-31 | $163.4M | $232.0M | — | +3.88% |
| Q4 2023 | 2023-12-31 | $851.3M | $180.0M | +26.81% | +19.24% |
| Q3 2023 | 2023-09-30 | $839.1M | $387.8M | +85.93% | +17.18% |
| Q2 2023 | 2023-06-30 | $467.1M | $114.5M | +32.47% | +9.93% |
| Q1 2023 | 2023-03-31 | −$68.6M | $194.4M | — | −1.87% |
| Q4 2022 | 2022-12-31 | $671.3M | $345.6M | +106.11% | +16.48% |
| Q3 2022 | 2022-09-30 | $451.3M | $84.8M | +23.14% | +10.32% |
| Q2 2022 | 2022-06-30 | $352.6M | −$104.3M | −22.83% | +8.41% |
| Q1 2022 | 2022-03-31 | −$263.0M | −$479.2M | — | −7.84% |
| Q4 2021 | 2021-12-31 | $325.7M | −$244.1M | −42.84% | +9.13% |
| Q3 2021 | 2021-09-30 | $366.5M | −$534.5M | −59.32% | +9.85% |
| Q2 2021 | 2021-06-30 | $456.9M | $276.6M | +153.41% | +11.93% |
| Q1 2021 | 2021-03-31 | $216.2M | $578.5M | — | +7.16% |
| Q4 2020 | 2020-12-31 | $569.8M | −$242.8M | −29.88% | +17.92% |
| Q3 2020 | 2020-09-30 | $901.0M | $300.1M | +49.94% | +25.78% |
| Q2 2020 | 2020-06-30 | $180.3M | −$221.9M | −55.17% | +5.74% |
| Q1 2020 | 2020-03-31 | −$362.3M | −$260.7M | — | −13.72% |
| Q4 2019 | 2019-12-31 | $812.6M | $335.7M | +70.39% | +25.52% |
| Q3 2019 | 2019-09-30 | $600.9M | $169.0M | +39.13% | +17.31% |
| Q2 2019 | 2019-06-30 | $402.2M | $68.9M | +20.67% | +11.12% |
| Q1 2019 | 2019-03-31 | −$101.6M | $17.4M | — | −3.62% |
| Q4 2018 | 2018-12-31 | $476.9M | −$102.0M | −17.62% | +83.56% |
| Q3 2018 | 2018-09-30 | $431.9M | $34.6M | +8.71% | +10.71% |
| Q2 2018 | 2018-06-30 | $333.3M | −$71.3M | −17.62% | +7.65% |
| Q1 2018 | 2018-03-31 | −$119.0M | −$40.4M | — | −3.52% |
| Q4 2017 | 2017-12-31 | $578.9M | $228.9M | +65.40% | +16.00% |
| Q3 2017 | 2017-09-30 | $397.3M | −$246.8M | −38.32% | +10.82% |
| Q2 2017 | 2017-06-30 | $404.6M | $11.8M | +3.00% | +10.35% |
| Q1 2017 | 2017-03-31 | −$78.6M | −$30.9M | — | −2.62% |
| Q4 2016 | 2016-12-31 | $350.0M | −$209.1M | −37.40% | +10.42% |
| Q3 2016 | 2016-09-30 | $644.1M | $619.1M | +2476.40% | +18.05% |
| Q2 2016 | 2016-06-30 | $392.8M | $157.2M | +66.72% | +10.65% |
| Q1 2016 | 2016-03-31 | −$47.7M | $133.2M | — | −1.65% |
| Q4 2015 | 2015-12-31 | $559.1M | $166.3M | +42.34% | +16.81% |
| Q3 2015 | 2015-09-30 | $25.0M | −$283.3M | −91.89% | +0.72% |
| Q2 2015 | 2015-06-30 | $235.6M | $24.5M | +11.61% | +6.54% |
| Q1 2015 | 2015-03-31 | −$180.9M | −$8.4M | — | −6.26% |
| Q4 2014 | 2014-12-31 | $392.8M | $250.0M | +175.07% | +12.12% |
| Q3 2014 | 2014-09-30 | $308.3M | −$93.7M | −23.31% | +9.11% |
| Q2 2014 | 2014-06-30 | $211.1M | −$155.6M | −42.43% | +5.96% |
| Q1 2014 | 2014-03-31 | −$172.5M | −$110.3M | — | −6.34% |
| Q4 2013 | 2013-12-31 | $142.8M | −$244.9M | −63.17% | +4.61% |
| Q3 2013 | 2013-09-30 | $402.0M | $29.2M | +7.83% | +12.51% |
| Q2 2013 | 2013-06-30 | $366.7M | $138.4M | +60.62% | +10.79% |
| Q1 2013 | 2013-03-31 | −$62.2M | −$25.7M | — | −2.36% |
| Q4 2012 | 2012-12-31 | $387.7M | $49.9M | +14.77% | +27.24% |
| Q3 2012 | 2012-09-30 | $372.8M | $13.4M | +3.73% | +10.38% |
| Q2 2012 | 2012-06-30 | $228.3M | −$138.9M | −37.83% | +5.97% |
| Q1 2012 | 2012-03-31 | −$36.5M | $58.2M | — | −1.16% |
| Q4 2011 | 2011-12-31 | $337.8M | $287.1M | +566.27% | +9.68% |
| Q3 2011 | 2011-09-30 | $359.4M | $99.8M | +38.44% | +9.15% |
| Q2 2011 | 2011-06-30 | $367.2M | $88.4M | +31.71% | +8.97% |
| Q1 2011 | 2011-03-31 | −$94.7M | −$21.5M | — | −2.89% |
| Q4 2010 | 2010-12-31 | $50.7M | −$142.6M | −73.77% | +1.26% |
| Q3 2010 | 2010-09-30 | $259.6M | −$294.0M | −53.11% | +6.96% |
| Q2 2010 | 2010-06-30 | $278.8M | −$534.0M | −65.70% | +8.01% |
| Q1 2010 | 2010-03-31 | −$73.2M | −$66.3M | — | −2.65% |
| Q4 2009 | 2009-12-31 | $193.3M | −$223.1M | −53.58% | +6.11% |
| Q3 2009 | 2009-09-30 | $553.6M | — | — | +16.01% |
| Q2 2009 | 2009-06-30 | $812.8M | — | — | +23.55% |
| Q1 2009 | 2009-03-31 | −$6.9M | — | — | −0.24% |
| Q3 2008 | 2008-09-30 | $416.4M | — | — | +9.65% |
Trane Technologies free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $1.29B to $2.81B, a compound annual growth rate of 16.88%. Trane Technologies's latest reported quarter, Q2 2026, generated $1.01B in free cash flow, an increase of 67.93% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Trane Technologies filings at SEC.gov ↗