Key facts, as of
As of October 8, 2026, Trane Technologies (TT) trades at $467.27, up 10.4% over the past year. Its 52-week range runs from $348.06 to $505.87; the price is 7.6% below that high. It is 7.6% below its all-time high of $505.87, reached in June 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +899.2%, against +312.9% for the S&P 500 (SPY). It sits 4.1% above its 200-day average of $448.96, the usual sign of a long-term uptrend. Its 30-day volatility is 23.1% annualized, which we rate medium risk. It has a trailing P/E of 34.8 and a dividend yield of 0.90%.
Cite: Portfolio Terminal, "Trane Technologies (TT) stock analysis", 2026-10-08. https://portfolio-terminal.com/analyse/tt
Where it trades today
trading 76% of the way up its 52-week range
How the price has moved
How far it is from its record
Trane Technologies (TT) is 7.6% below its all-time high of $505.87, reached in June 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +899.2%, against +312.9% for the S&P 500 (SPY).
What to weigh before acting
What Matters Now
- Order-book quality, backlog conversion, and operating leverage usually tell you more than a single quarter of revenue growth.
- TT trades at 34.8x earnings, well above the industrials average of 18.5x, so the market is already pricing in above-consensus execution.
- TT carries a beta of 1.16, which means the stock should be judged on how it affects total portfolio swings, not just on standalone upside.
- Relative performance versus CAT, HON matters here because leadership inside industrials rarely stays static for long.
Portfolio Use Case
- TT is more useful for investors comparing conviction names inside industrials than for someone looking for a passive “set and forget” holding.
- This name works better as a satellite or higher-conviction growth position because it can amplify market swings in both directions.
- This page is most useful for deciding whether the stock deserves a permanent slot in the portfolio or just a place on the watchlist.
What Would Change the View
- A reset in earnings expectations or a faster peer catch-up could compress the premium valuation currently embedded in TT.
- Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.
- The view would need revisiting if peers such as CAT, HON start winning the marginal flow or posting cleaner operating momentum.
Methodology
- Price, market cap, beta, yield, and liquidity fields for TT come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Industrials so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as CAT, HON.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for TT. Last refresh: Oct 8, 2026, 10:10 AM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as CAT, HON.
What Trane Technologies does
Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps; chillers; coils and condensers; auxiliary power, cold storage, and condensing units; controls contracting and commissioning, decarbonization programs, and gensets; dehumidifiers; energy and water efficiency programs; energy recovery ventilators and power solutions; energy storage; furnaces; home automation; humidifiers; HVAC performance-monitoring products; and indoor air quality assessments and related products for HVAC and…
Employees
44,000
Industry
Building Products & Equipment
Headquarters
Swords, Ireland
What analysts expect
TT carries a buy consensus from 22 analysts, with an average price target of $526.67 versus $467.27 today (+12.7%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
TT generated $22.21B in trailing revenue (10.6% year over year), with a 13.3% net margin, and $3.12B of free cash flow, against $3.30B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $21.32B | $7.71B | $3.97B | $2.92B | $13.18 | $2.81B |
| 2024 | $19.84B | $7.08B | $3.50B | $2.57B | $11.44 | $2.77B |
| 2023 | $17.68B | $5.86B | $2.89B | $2.02B | $8.91 | $2.09B |
| 2022 | $15.99B | $4.96B | $2.42B | $1.76B | $7.68 | $1.21B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
TT is in 7 of the 30 ETFs we track. It weighs most in XLI: 1.79% of the fund, holding #14 of 83.
How it sits in industrials
Manufacturing, aerospace, defense, and infrastructure companies.
The companies it competes with
TT beside the industrials names it is usually measured against.
What the chart is saying
In an uptrend, pressing toward $491.01 resistance.
uptrend- Price is 2.9% above its 50-day average and 4.1% above its 200-day.
- RSI at 61 is neither stretched nor washed out.
- The nearest ceiling is $491.01 (+5.1%), the nearest floor $463.33 (-0.8%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is TT a good investment in 2026?
Trane Technologies trades at a P/E ratio of 34.8, with medium volatility (23.1% annualized). The stock is in a consolidation phase.
What is the risk level of TT?
Based on 30-day volatility of 23.1%, TT has MEDIUM risk. Beta of 1.16 indicates higher sensitivity to market movements than average.
Does TT pay dividends?
Yes, Trane Technologies has a dividend yield of 0.90%.
How far is TT from its all-time high?
Trane Technologies is 7.6% below its all-time high of $505.87, reached in June 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +899.2%, against +312.9% for the S&P 500 (SPY).
Which ETFs hold TT?
7 of the 30 popular ETFs we track hold Trane Technologies. The largest weights: XLI (1.79%), JEPI (1.74%), VTV (0.36%), VOO (0.15%) and IVV (0.15%). Measured on each issuer's full holdings file, dated August 31 to September 24, 2026.
How much of VOO is TT?
0.15%, as of August 31, 2026: TT is holding #120 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $1.48 in Trane Technologies.
What is the analyst price target for TT?
The average analyst price target for Trane Technologies (TT) is $526.67 based on 22 analyst estimates, about 12.7% above the current price of $467.27. The published range runs from $422.00 to $575.00.
How much revenue does TT generate?
Trane Technologies reported $22.21B in trailing twelve-month revenue. Revenue growth is running at 10.6% year over year. Net margin sits at 13.3%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare TT with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.