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TTTrane Technologies plc

FCF Payout Ratio: 27.21%

popular:market cap|pe ratio|revenue|price history|total return

Is the FCF payout ratio high or low?

The FCF payout ratio of 27.21% is 28% below its 5-year average of 38.00%, near the low end of its 5-year range (24.98%–75.52%).

5.85% below its 12-month average of 28.90%.

Dividends Overview|Dividends per Share|Dividends CAGR|Payout Ratio|Dividend Yield
FCF Payout Ratio

TT FCF Payout Ratio

27.21%

Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.

+8.91% 5Y
TT FCF Payout Ratio

TT Average FCF Payout Ratio Chart

TT FCF Payout Ratio

TT Current vs Average FCF Payout Ratio Chart

TT FCF Payout Ratio Metrics

FCF PAYOUT RATIO

27.21%

FCF PAYOUT RATIO AVG TTM

28.90%

FCF PAYOUT RATIO AVG 3Y

29.50%

FCF PAYOUT RATIO AVG 5Y

32.76%

FCF PAYOUT RATIO AVG 10Y

34.70%

FCF PAYOUT RATIO AVG 15Y

32.52%

FCF PAYOUT RATIO AVG 20Y

30.28%

CURRENT VS TTM AVG

-5.85%

CURRENT VS 3Y AVG

-7.77%

CURRENT VS 5Y AVG

-16.94%

CURRENT VS 10Y AVG

-21.60%

CURRENT VS 15Y AVG

-16.33%

CURRENT VS 20Y AVG

-10.15%

Payout Ratio Comparison

FCF Payout Ratio TTM

27.2%

Earnings Payout Ratio

30.4%

Dividend Yield

0.82%

FCF Yield

2.93%

Annual FCF Payout Ratio History

YearFree Cash FlowDividends PaidFCF Payout Ratio
2025$2.81B$837.30M29.8%
2024$2.77B$757.50M27.3%
2023$2.09B$683.70M32.7%
2022$1.21B$620.20M51.2%
2021$1.37B$561.10M41.1%
2020$1.29B$507.30M39.4%
2019$1.67B$510.10M30.6%
2018$1.04B$479.50M46.0%
2017$1.30B$430.10M33.0%
2016$1.32B$348.60M26.5%
2015$601.50M$303.30M50.4%
2014$739.70M$264.70M35.8%
2013$928.20M$245.50M26.4%
2012$918.30M$213.10M23.2%
2011$943.90M$137.30M14.5%
2010$515.90M$110.90M21.5%
2009$1.53B$181.00M11.8%
2008$24.90M$212.90M855.0%
2007$776.40M$209.80M27.0%
2006$759.90M$217.60M28.6%
2005$697.30M$192.10M27.5%
2004$644.60M$152.60M23.7%
2003$40.20M$123.20M306.5%
2002$585.90M$114.90M19.6%
2001$401.00M$113.10M28.2%
2000$587.50M$109.80M18.7%
1999$517.60M$105.30M20.3%
1998$622.40M$98.30M15.8%
1997$517.50M$93.60M18.1%
1996$190.70M$83.90M44.0%

Formula: FCF Payout Ratio TTM = trailing 4Q dividends paid / trailing 4Q free cash flow × 100

FCF payout and earnings payout:

  • FCF represents operating cash flow after capital expenditures
  • FCF payout compares dividends paid with free cash flow
  • FCF payout above 100% means dividends paid exceeded free cash flow for the period
  • Earnings payout compares dividends paid with net income

Reading the series: Use the chart and table to compare dividend payments with cash generation over time.

FCF Payout Ratio Formula & Definition

FCF Payout Ratio measures trailing dividends paid as a percentage of trailing free cash flow. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

FCF Payout Ratio FAQ

What is the FCF payout ratio for Trane Technologies plc (TT)?
The FCF payout ratio for TT stock is 27.21%.
Is Trane Technologies plc's FCF payout ratio high or low?
The FCF payout ratio of 27.21% is 28% below its 5-year average of 38.00%, near the low end of its 5-year range (24.98%–75.52%).
What is the TTM average FCF payout ratio for Trane Technologies plc (TT)?
The TTM average FCF payout ratio for TT stock is 28.90%.
What is the 3Y average FCF payout ratio for Trane Technologies plc (TT)?
The 3Y average FCF payout ratio for TT stock is 29.50%.
What is the 5Y average FCF payout ratio for Trane Technologies plc (TT)?
The 5Y average FCF payout ratio for TT stock is 32.76%.
What is the 10Y average FCF payout ratio for Trane Technologies plc (TT)?
The 10Y average FCF payout ratio for TT stock is 34.70%.
What is the 15Y average FCF payout ratio for Trane Technologies plc (TT)?
The 15Y average FCF payout ratio for TT stock is 32.52%.
What is the 20Y average FCF payout ratio for Trane Technologies plc (TT)?
The 20Y average FCF payout ratio for TT stock is 30.28%.

TT FCF Payout Ratio History

DATEFCF PAYOUT RATIO
2026-03-3127.21%
2025-12-3129.39%
2025-09-3032.06%
2025-06-3028.39%
2025-03-3127.44%
2024-12-3127.27%
2024-09-3025.66%
2024-06-3028.87%
2024-03-3130.13%
2023-12-3132.56%
2023-09-3035.54%
2023-06-3042.26%
2023-03-3144.39%
2022-12-3150.32%
2022-09-3067.76%
2022-06-3075.52%
2022-03-3165.09%
2021-12-3141.10%
2021-09-3034.11%
2021-06-3024.98%
2021-03-3127.93%
2020-12-3139.36%
2020-09-3033.43%
2020-06-3041.78%
2020-03-3135.88%
2019-12-3130.63%
2019-09-3040.49%
2019-06-3046.80%
2019-03-3147.30%
2018-12-3146.01%
2018-09-3037.82%
2018-06-3037.56%
2018-03-3134.79%
2017-12-3133.03%
2017-09-3039.50%
2017-06-3029.91%
2017-03-3128.59%
2016-12-3126.46%
2016-09-3021.48%
2016-06-3035.60%
2016-03-3142.68%
2015-12-3150.42%
2015-09-3061.99%
2015-06-3036.93%
2015-03-3137.09%
2014-12-3135.78%
2014-09-3051.15%
2014-06-3036.98%
2014-03-3129.42%
2013-12-3126.45%
2013-09-3022.47%
2013-06-3024.48%
2013-03-3126.65%
2012-12-3123.21%
2012-09-3020.17%
2012-06-3019.34%
2012-03-3115.91%
2011-12-3114.55%
2011-09-3019.88%
2011-06-3022.12%
2011-03-3121.89%
2010-12-3121.50%
2010-09-3018.30%
2010-06-3011.68%
2010-03-3110.06%
2009-12-3111.83%
2009-09-3012.43%
2009-06-3016.16%
2009-03-3130.30%
2008-12-31855.02%
2008-09-30109.25%
2008-03-31373.58%
2007-12-3127.02%
2007-09-3028.39%
2007-06-3028.67%
2007-03-3128.66%
2006-12-3128.64%
2006-09-3029.78%
2006-06-3028.00%
2006-03-3125.50%
2005-12-3127.55%
2005-09-3031.80%
2005-06-3032.31%
2005-03-3126.26%
2004-12-3123.67%
2004-09-3026.10%
2004-06-3031.77%
2004-03-3153.08%
2003-12-31306.47%
2003-09-3033.83%
2003-06-3027.09%
2003-03-3122.93%

Related Metrics

Dividends OverviewDividends per ShareDividends CAGRPayout RatioDividend Yield

About Trane Technologies plc

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 transport solutions. The company also provides asset management, building management, bus air purification, bus and rail HVAC, container refrigeration, control, ductless, geothermal, data center and multi-pipe HVAC, package heating and cooling, rail refrigeration, residential air filtration, self and vehicle powered truck refrigeration, temporary heating and cooling, truck refrigeration, unitary, variable refrigerant flow, and trailer refrigeration systems. In addition, it offers industrial process refrigeration, installation contracting, lighting retrofit, medical grade refrigeration, refrigerant reclamation, renewable energy and storage, residential hybrid heating, telematics, thermostats/controls and associated digital, ventilation, and stationary cold storage solutions; packaged rooftop units; rate chambers; residential air filters; thermal energy storage; transport heater products; temperature freezers; energy infrastructure programs and management, repair and maintenance, smart and AI-enabled, and rental services; water source heat pumps; and aftermarket and OEM parts and supplies. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. The company was founded in 1885 and is headquartered in Swords, Ireland.

Swords
43,000 employees
www.tranetechnologies.com
Industrials / Industrial - Machinery
Sector
Industrials
Industry
Industrial - Machinery
CEO
David S. Regnery
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