Trane Technologies plc (TT) FCF Payout Ratio: 28.16%
Is Trane Technologies plc’s FCF payout ratio high or low?
Trane Technologies plc's FCF payout ratio of 28.16% is 24% below its 5-year average of 36.91%, near the low end of its 5-year range (27.30%–51.16%).
1.33% below its 12-month average of 28.54%.
TT FCF Payout Ratio Chart
Reported annual fiscal-period values; no daily interpolation.
TT Average FCF Payout Ratio Chart
TT Current vs Average FCF Payout Ratio Chart
TT FCF Payout Ratio Metrics
FCF PAYOUT RATIO
28.16%
FCF PAYOUT RATIO AVG TTM
28.54%
FCF PAYOUT RATIO AVG 3Y
35.24%
FCF PAYOUT RATIO AVG 5Y
36.91%
FCF PAYOUT RATIO AVG 10Y
37.09%
FCF PAYOUT RATIO AVG 15Y
33.09%
FCF PAYOUT RATIO AVG 20Y
31.22%
CURRENT VS TTM AVG
-1.33%
CURRENT VS 3Y AVG
-20.10%
CURRENT VS 5Y AVG
-23.70%
CURRENT VS 10Y AVG
-24.07%
CURRENT VS 15Y AVG
-14.90%
CURRENT VS 20Y AVG
-9.82%
Payout Ratio Comparison
FCF Payout Ratio
28.2%
Earnings Payout Ratio
30.4%
Dividend Yield
0.84%
FCF Yield
2.99%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $2.81B | $837.30M | 29.8% |
| 2024 | $2.77B | $757.50M | 27.3% |
| 2023 | $2.09B | $683.70M | 32.7% |
| 2022 | $1.21B | $620.20M | 51.2% |
| 2021 | $1.37B | $561.10M | 41.1% |
| 2020 | $1.29B | $507.30M | 39.4% |
| 2019 | $1.67B | $510.10M | 30.6% |
| 2018 | $1.04B | $479.50M | 46.0% |
| 2017 | $1.30B | $430.10M | 33.0% |
| 2016 | $1.32B | $348.60M | 26.5% |
| 2015 | $601.50M | $303.30M | 50.4% |
| 2014 | $739.70M | $264.70M | 35.8% |
| 2013 | $928.20M | $245.50M | 26.4% |
| 2012 | $918.30M | $213.10M | 23.2% |
| 2011 | $943.90M | $137.30M | 14.5% |
| 2010 | $515.90M | $110.90M | 21.5% |
| 2009 | $1.53B | $181.00M | 11.8% |
| 2008 | $24.90M | $212.90M | 855.0% |
| 2007 | $776.40M | $209.80M | 27.0% |
| 2006 | $759.90M | $217.60M | 28.6% |
| 2005 | $697.30M | $192.10M | 27.5% |
| 2004 | $644.60M | $152.60M | 23.7% |
| 2003 | $40.20M | $123.20M | 306.5% |
| 2002 | $585.90M | $114.90M | 19.6% |
| 2001 | $401.00M | $113.10M | 28.2% |
| 2000 | $587.50M | $109.80M | 18.7% |
| 1999 | $517.60M | $105.30M | 20.3% |
| 1998 | $622.40M | $98.30M | 15.8% |
| 1997 | $517.50M | $93.60M | 18.1% |
| 1996 | $190.70M | $83.90M | 44.0% |
Formula: FCF Payout Ratio = Dividends Paid / 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.
Trane Technologies plc FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Trane Technologies plc FCF Payout Ratio FAQ
- What is the FCF payout ratio for Trane Technologies plc (TT)?
- The FCF payout ratio for TT stock is 28.16%.
- Is Trane Technologies plc's FCF payout ratio high or low?
- Trane Technologies plc's FCF payout ratio of 28.16% is 24% below its 5-year average of 36.91%, near the low end of its 5-year range (27.30%–51.16%).
- What is the TTM average FCF payout ratio for Trane Technologies plc (TT)?
- The TTM average FCF payout ratio for TT stock is 28.54%.
- What is the 3Y average FCF payout ratio for Trane Technologies plc (TT)?
- The 3Y average FCF payout ratio for TT stock is 35.24%.
- What is the 5Y average FCF payout ratio for Trane Technologies plc (TT)?
- The 5Y average FCF payout ratio for TT stock is 36.91%.
- What is the 10Y average FCF payout ratio for Trane Technologies plc (TT)?
- The 10Y average FCF payout ratio for TT stock is 37.09%.
- What is the 15Y average FCF payout ratio for Trane Technologies plc (TT)?
- The 15Y average FCF payout ratio for TT stock is 33.09%.
- What is the 20Y average FCF payout ratio for Trane Technologies plc (TT)?
- The 20Y average FCF payout ratio for TT stock is 31.22%.
Trane Technologies plc FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 29.78% |
| 2024-12-31 | 27.30% |
| 2023-12-31 | 32.73% |
| 2022-12-31 | 51.16% |
| 2021-12-31 | 41.10% |
| 2020-12-31 | 39.36% |
| 2019-12-31 | 30.63% |
| 2018-12-31 | 46.01% |
| 2017-12-31 | 33.03% |
| 2016-12-31 | 26.46% |
| 2015-12-31 | 50.42% |
| 2014-12-31 | 35.78% |
| 2013-12-31 | 26.45% |
| 2012-12-31 | 23.21% |
| 2011-12-31 | 14.55% |
| 2010-12-31 | 21.50% |
| 2009-12-31 | 11.83% |
| 2008-12-31 | 855.02% |
| 2007-12-31 | 27.02% |
| 2006-12-31 | 28.64% |
| 2005-12-31 | 27.55% |
| 2004-12-31 | 23.67% |
| 2003-12-31 | 306.47% |
| 2002-12-31 | 19.61% |
| 2001-12-31 | 28.20% |
| 2000-12-31 | 18.69% |
| 1999-12-31 | 20.34% |
| 1998-12-31 | 15.79% |
| 1997-12-31 | 18.09% |
| 1996-12-31 | 44.00% |
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
- Machinery, Tools, Heavy Vehicles, Trains & Ships
- CEO
- David S. Regnery