Trane Technologies annual r&d spending
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Trane Technologies R&D Spending Growth & History (TT)
Trane Technologies's r&d spending was $347.6M for fiscal 2025.
View full Trane Technologies company overviewTrane Technologies annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $347.6M | $38.0M | +12.27% |
| 2024 | 2024-12-31 | $309.6M | $57.3M | +22.71% |
| 2023 | 2023-12-31 | $252.3M | $41.1M | +19.46% |
| 2022 | 2022-12-31 | $211.2M | $17.7M | +9.15% |
| 2021 | 2021-12-31 | $193.5M | $28.5M | +17.27% |
| 2020 | 2020-12-31 | $165.0M | −$9.2M | −5.28% |
| 2019 | 2019-12-31 | $174.2M | $7.5M | +4.50% |
| 2018 | 2018-12-31 | $166.7M | −$44.1M | −20.92% |
| 2017 | 2017-12-31 | $210.8M | $2.9M | +1.39% |
| 2016 | 2016-12-31 | $207.9M | $2.0M | +0.97% |
| 2015 | 2015-12-31 | $205.9M | −$6.4M | −3.01% |
| 2014 | 2014-12-31 | $212.3M | −$5.9M | −2.70% |
| 2013 | 2013-12-31 | $218.2M | −$17.2M | −7.31% |
| 2012 | 2012-12-31 | $235.4M | $17.0M | +7.78% |
| 2011 | 2011-12-31 | $218.4M | −$25.6M | −10.49% |
| 2010 | 2010-12-31 | $244.0M | −$11.0M | −4.31% |
| 2009 | 2009-12-31 | $255.0M | $53.9M | +26.80% |
| 2008 | 2008-12-31 | $201.1M | — | — |
Trane Technologies r&d spending trends
Over the last five fiscal years, Trane Technologies's r&d spending increased from $165.0M to $347.6M, a change of $182.6M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Trane Technologies source filings ↗