Trane Technologies Return on Equity (ROE) Growth & History (TT)
Trane Technologies's return on equity was 36.40% for fiscal 2025.
View full Trane Technologies company overviewTrane Technologies annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 36.40% | +0.86 pp |
| 2024 | 2024-12-31 | 35.54% | +4.60 pp |
| 2023 | 2023-12-31 | 30.94% | +2.48 pp |
| 2022 | 2022-12-31 | 28.46% | +5.98 pp |
| 2021 | 2021-12-31 | 22.48% | +9.98 pp |
| 2020 | 2020-12-31 | 12.50% | −7.24 pp |
| 2019 | 2019-12-31 | 19.75% | +0.86 pp |
| 2018 | 2018-12-31 | 18.89% | −0.01 pp |
| 2017 | 2017-12-31 | 18.90% | −4.79 pp |
| 2016 | 2016-12-31 | 23.69% | +12.43 pp |
| 2015 | 2015-12-31 | 11.26% | −3.01 pp |
| 2014 | 2014-12-31 | 14.27% | +5.57 pp |
| 2013 | 2013-12-31 | 8.71% | −5.77 pp |
| 2012 | 2012-12-31 | 14.48% | +9.87 pp |
| 2011 | 2011-12-31 | 4.61% | −3.93 pp |
| 2010 | 2010-12-31 | 8.54% | +1.97 pp |
| 2009 | 2009-12-31 | 6.57% | +42.36 pp |
| 2008 | 2008-12-31 | −35.79% | — |
Trane Technologies quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 10.76% | −0.66 pp |
| Q1 2026 | 2026-03-31 | 6.81% | −1.29 pp |
| Q4 2025 | 2025-12-31 | 7.00% | −1.04 pp |
| Q3 2025 | 2025-09-30 | 10.49% | −0.13 pp |
| Q2 2025 | 2025-06-30 | 11.42% | +0.50 pp |
| Q1 2025 | 2025-03-31 | 8.09% | +1.81 pp |
| Q4 2024 | 2024-12-31 | 8.03% | +0.66 pp |
| Q3 2024 | 2024-09-30 | 10.62% | +0.94 pp |
| Q2 2024 | 2024-06-30 | 10.92% | +1.38 pp |
| Q1 2024 | 2024-03-31 | 6.28% | +1.22 pp |
| Q4 2023 | 2023-12-31 | 7.37% | +0.02 pp |
| Q3 2023 | 2023-09-30 | 9.68% | +0.22 pp |
| Q2 2023 | 2023-06-30 | 9.54% | +0.85 pp |
| Q1 2023 | 2023-03-31 | 5.07% | +0.82 pp |
| Q4 2022 | 2022-12-31 | 7.35% | +2.36 pp |
| Q3 2022 | 2022-09-30 | 9.46% | +3.19 pp |
| Q2 2022 | 2022-06-30 | 8.69% | +1.40 pp |
| Q1 2022 | 2022-03-31 | 4.25% | +0.54 pp |
| Q4 2021 | 2021-12-31 | 4.99% | +1.16 pp |
| Q3 2021 | 2021-09-30 | 6.27% | −0.24 pp |
| Q2 2021 | 2021-06-30 | 7.29% | +3.21 pp |
| Q1 2021 | 2021-03-31 | 3.70% | +4.15 pp |
| Q4 2020 | 2020-12-31 | 3.83% | −0.25 pp |
| Q3 2020 | 2020-09-30 | 6.51% | +0.13 pp |
| Q2 2020 | 2020-06-30 | 4.08% | −2.43 pp |
| Q1 2020 | 2020-03-31 | −0.45% | −3.32 pp |
| Q4 2019 | 2019-12-31 | 4.08% | — |
| Q3 2019 | 2019-09-30 | 6.39% | −0.92 pp |
| Q2 2019 | 2019-06-30 | 6.51% | +0.05 pp |
| Q1 2019 | 2019-03-31 | 2.87% | +1.18 pp |
| Q3 2018 | 2018-09-30 | 7.31% | +1.87 pp |
| Q2 2018 | 2018-06-30 | 6.46% | +1.07 pp |
| Q1 2018 | 2018-03-31 | 1.69% | −0.08 pp |
| Q4 2017 | 2017-12-31 | 6.61% | +3.64 pp |
| Q3 2017 | 2017-09-30 | 5.44% | −0.29 pp |
| Q2 2017 | 2017-06-30 | 5.39% | −6.86 pp |
| Q1 2017 | 2017-03-31 | 1.77% | −0.85 pp |
| Q4 2016 | 2016-12-31 | 2.97% | −1.08 pp |
| Q3 2016 | 2016-09-30 | 5.73% | +0.52 pp |
| Q2 2016 | 2016-06-30 | 12.25% | +10.88 pp |
| Q1 2016 | 2016-03-31 | 2.63% | +1.75 pp |
| Q4 2015 | 2015-12-31 | 4.04% | −0.12 pp |
| Q3 2015 | 2015-09-30 | 5.20% | +0.60 pp |
| Q2 2015 | 2015-06-30 | 1.37% | −3.47 pp |
| Q1 2015 | 2015-03-31 | 0.88% | −0.31 pp |
| Q4 2014 | 2014-12-31 | 4.17% | +3.49 pp |
| Q3 2014 | 2014-09-30 | 4.60% | +2.26 pp |
| Q2 2014 | 2014-06-30 | 4.83% | +0.41 pp |
| Q1 2014 | 2014-03-31 | 1.18% | −0.04 pp |
| Q4 2013 | 2013-12-31 | 0.67% | — |
| Q3 2013 | 2013-09-30 | 2.34% | — |
| Q2 2013 | 2013-06-30 | 4.42% | −0.63 pp |
| Q1 2013 | 2013-03-31 | 1.22% | −0.13 pp |
| Q2 2012 | 2012-06-30 | 5.04% | +3.92 pp |
| Q1 2012 | 2012-03-31 | 1.35% | +2.32 pp |
| Q4 2011 | 2011-12-31 | 3.34% | +0.61 pp |
| Q3 2011 | 2011-09-30 | 1.09% | −2.09 pp |
| Q2 2011 | 2011-06-30 | 1.13% | −1.67 pp |
| Q1 2011 | 2011-03-31 | −0.97% | −0.99 pp |
| Q4 2010 | 2010-12-31 | 2.73% | +0.76 pp |
| Q3 2010 | 2010-09-30 | 3.18% | +0.04 pp |
| Q2 2010 | 2010-06-30 | 2.79% | +0.97 pp |
| Q1 2010 | 2010-03-31 | 0.02% | — |
| Q4 2009 | 2009-12-31 | 1.97% | — |
| Q3 2009 | 2009-09-30 | 3.14% | — |
| Q2 2009 | 2009-06-30 | 1.82% | — |
Trane Technologies return on equity trends
Over the last five fiscal years, Trane Technologies's return on equity increased from 12.50% to 36.40%, a change of +23.90 percentage points. The latest reported quarter, Q2 2026, shows 10.76%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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