Trane Technologies plc (TT) Tax Rate: 19.19%
Is Trane Technologies plc’s tax rate high or low?
Trane Technologies plc's tax rate of 19.19% is in line with its 5-year average of 19.49%, around the middle of its 5-year range (17.31%–23.04%).
0.44% below its 12-month average of 19.27%.
TT Tax Rate Chart
Reported annual fiscal-period values; no daily interpolation.
TT Average Tax Rate Chart
TT Current vs Average Tax Rate Chart
TT Tax Rate Metrics
TAX RATE
19.19%
TAX RATE AVG TTM
19.27%
TAX RATE AVG 3Y
18.82%
TAX RATE AVG 5Y
19.49%
TAX RATE AVG 10Y
19.80%
TAX RATE AVG 15Y
20.70%
TAX RATE AVG 20Y
18.50%
CURRENT VS TTM AVG
-0.44%
CURRENT VS 3Y AVG
+1.98%
CURRENT VS 5Y AVG
-1.53%
CURRENT VS 10Y AVG
-3.10%
CURRENT VS 15Y AVG
-7.29%
CURRENT VS 20Y AVG
+3.72%
Trane Technologies plc Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Trane Technologies plc Tax Rate FAQ
- What is the tax rate for Trane Technologies plc (TT)?
- The tax rate for TT stock is 19.19%.
- Is Trane Technologies plc's tax rate high or low?
- Trane Technologies plc's tax rate of 19.19% is in line with its 5-year average of 19.49%, around the middle of its 5-year range (17.31%–23.04%).
- What is the TTM average tax rate for Trane Technologies plc (TT)?
- The TTM average tax rate for TT stock is 19.27%.
- What is the 3Y average tax rate for Trane Technologies plc (TT)?
- The 3Y average tax rate for TT stock is 18.82%.
- What is the 5Y average tax rate for Trane Technologies plc (TT)?
- The 5Y average tax rate for TT stock is 19.49%.
- What is the 10Y average tax rate for Trane Technologies plc (TT)?
- The 10Y average tax rate for TT stock is 19.80%.
- What is the 15Y average tax rate for Trane Technologies plc (TT)?
- The 15Y average tax rate for TT stock is 20.70%.
- What is the 20Y average tax rate for Trane Technologies plc (TT)?
- The 20Y average tax rate for TT stock is 18.50%.
Trane Technologies plc Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 19.19% |
| 2024-12-31 | 19.36% |
| 2023-12-31 | 19.41% |
| 2022-12-31 | 17.31% |
| 2021-12-31 | 18.62% |
| 2020-12-31 | 23.04% |
| 2019-12-31 | 17.06% |
| 2018-12-31 | 18.68% |
| 2017-12-31 | 5.66% |
| 2016-12-31 | 16.17% |
| 2015-12-31 | 43.34% |
| 2014-12-31 | 24.28% |
| 2013-12-31 | 22.78% |
| 2012-12-31 | 6.60% |
| 2011-12-31 | 30.52% |
| 2010-12-31 | 22.66% |
| 2009-12-31 | 12.75% |
| 2008-12-31 | 7.57% |
| 2007-12-31 | 21.80% |
| 2006-12-31 | 17.62% |
| 2005-12-31 | 16.11% |
| 2004-12-31 | 14.06% |
| 2003-12-31 | 13.70% |
| 2002-12-31 | 5.24% |
| 2001-12-31 | -35.90% |
| 2000-12-31 | 34.12% |
| 1999-12-31 | 35.29% |
| 1998-12-31 | 34.23% |
| 1997-12-31 | 38.00% |
| 1996-12-31 | 37.01% |
Related Metrics
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.
- Sector
- Industrials
- Industry
- Industrial - Machinery
- CEO
- David S. Regnery