Trane Technologies plc

Trane Technologies plc

TTยทNYSE

$465.84

+1.5%
IndustrialsConstruction

Trane Technologies plc, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of solutions for heating, ventilation, air conditioning, and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; auxiliary power units; chillers; coils and condensers; gensets; furnaces; heat pumps; home automation products; humidifiers; hybrid and non-diesel transport refrigeration, and ice energy storage solutions; indoor air quality assessments and related products; large and light commercial unitary products; motor replacements; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. The company also provides building management, control, ductless, geothermal, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, cryogenic, diesel-powered, electric-powered trailer and truck, hybrid-powered trailer, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration systems, as well as aftermarket and OEM parts and supplies. In addition, it offers energy and facility management, installation and performance contracting, repair and maintenance, and rental services. It markets and sells its products under the Trane and Thermo King brands through sales offices, distributors, and dealers in the United States; and through sales and service companies with a supporting chain of distributors worldwide. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. Trane Technologies plc was founded in 1885 and is headquartered in Swords, Ireland.

At a Glance

Live Snapshot
Market Cap$102.98B
EPS13.0900
P/E Ratio29.82
Earnings Date07/29/2026
0.25%
Dividend Yield
7%
3Y-37.0%
5Y-28.0%
10Y-60.0%
40.25%
Dividend Payout Ratio
16%
3Y-27.0%
5Y-32.0%
10Y+275.0%
3Y+38.0%
5Y+68.0%
10Y+193.0%
Trane Technologies plc

Trane Technologies plc Dividend History

TT ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

TT Dividend Payment History

TT ยท NYSE

Total Payments

38

Latest Dividend

$1.0500

Annual Amount

$4.9200

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 1, 2026
Jun 5, 2026Jun 30, 2026
$1.0500
$1.0500
Quarterly0.00%
Feb 4, 2026
Mar 6, 2026Mar 31, 2026
$1.0500
$1.0500
Quarterly+11.70%
Oct 8, 2025
Dec 5, 2025Dec 31, 2025
$0.9400
$0.9400
Quarterly0.00%
Jun 5, 2025
Sep 5, 2025Sep 30, 2025
$0.9400
$0.9400
Quarterly0.00%
Apr 3, 2025
Jun 6, 2025Jun 30, 2025
$0.9400
$0.9400
Quarterly0.00%
Jan 5, 2025
Mar 7, 2025Mar 31, 2025
$0.9400
$0.9400
Quarterly+11.90%
Oct 9, 2024
Dec 6, 2024Dec 31, 2024
$0.8400
$0.8400
Quarterly0.00%
Jun 7, 2024
Sep 6, 2024Sep 30, 2024
$0.8400
$0.8400
Quarterly0.00%
Apr 4, 2024
Jun 7, 2024Jun 28, 2024
$0.8400
$0.8400
Quarterly0.00%
Feb 7, 2024
Mar 1, 2024Mar 29, 2024
$0.8400
$0.8400
Quarterly+12.00%
Oct 4, 2023
Dec 1, 2023Dec 29, 2023
$0.7500
$0.7500
Quarterly0.00%
Jun 2, 2023
Sep 1, 2023Sep 29, 2023
$0.7500
$0.7500
Quarterly0.00%
Apr 6, 2023
Jun 2, 2023Jun 30, 2023
$0.7500
$0.7500
Quarterly0.00%
Feb 9, 2023
Mar 3, 2023Mar 31, 2023
$0.7500
$0.7500
Quarterly+11.94%
Oct 12, 2022
Dec 2, 2022Dec 30, 2022
$0.6700
$0.6700
Quarterly0.00%
Jun 2, 2022
Sep 2, 2022Sep 30, 2022
$0.6700
$0.6700
Quarterly0.00%
Apr 8, 2022
Jun 3, 2022Jun 30, 2022
$0.6700
$0.6700
Quarterly0.00%
Feb 3, 2022
Mar 4, 2022Mar 31, 2022
$0.6700
$0.6700
Quarterly+13.56%
Oct 6, 2021
Dec 3, 2021Dec 31, 2021
$0.5900
$0.5900
Quarterly0.00%
Jun 3, 2021
Sep 3, 2021Sep 30, 2021
$0.5900
$0.5900
Quarterly0.00%
Apr 8, 2021
Jun 4, 2021Jun 30, 2021
$0.5900
$0.5900
Quarterly0.00%
Feb 4, 2021
Mar 5, 2021Mar 31, 2021
$0.5900
$0.5900
Quarterly+11.32%
Oct 8, 2020
Dec 4, 2020Dec 31, 2020
$0.5300
$0.5300
Quarterly0.00%
Jun 5, 2020
Sep 4, 2020Sep 30, 2020
$0.5300
$0.5300
Quarterly0.00%
Apr 10, 2020
Jun 5, 2020Jun 30, 2020
$0.5300
$0.5300
Quarterly0.00%
Feb 5, 2020
Mar 13, 2020Mar 31, 2020
$0.5300
$0.5300
Quarterly+28.95%
N/A
Dec 6, 2019Dec 31, 2019
$0.4110
$0.4110
Quarterly0.00%
N/A
Sep 6, 2019Sep 30, 2019
$0.4110
$0.4110
Quarterly0.00%
N/A
Jun 7, 2019Jun 28, 2019
$0.4110
$0.4110
Quarterly0.00%
N/A
Mar 8, 2019Mar 29, 2019
$0.4110
$0.4110
Quarterly0.00%
N/A
Dec 7, 2018Dec 31, 2018
$0.4110
$0.4110
Quarterly0.00%
N/A
Sep 7, 2018Sep 28, 2018
$0.4110
$0.4110
Quarterly+17.77%
N/A
Jun 8, 2018Jun 29, 2018
$0.3490
$0.3490
Quarterly0.00%
N/A
Mar 9, 2018Mar 30, 2018
$0.3490
$0.3490
Quarterly0.00%
N/A
Dec 8, 2017Dec 29, 2017
$0.3490
$0.3490
Quarterly0.00%
N/A
Sep 8, 2017Sep 29, 2017
$0.3490
$0.3490
Quarterly+12.58%
N/A
Jun 9, 2017Jun 30, 2017
$0.3100
$0.3100
Quarterly0.00%
N/A
Mar 10, 2017Mar 31, 2017
$0.3100
$0.3100
Quarterly-
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Trane Technologies plc Payout Ratio Analysis

TT ยท NYSE
Dividends Paid
-837.30M
2025
Net Income
2.92B
2025
Payout Ratio
28.69%
2025

Dividend Sustainability Analysis

Payout Ratio
28.69%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
29.8%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
-10.5%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.

Key Insight

Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.