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Trane Technologies plc (TT)
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Trane Technologies plc (TT) PE Ratio: 36.69

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

Is Trane Technologies plc’s P/E ratio high or low?

Trane Technologies plc's P/E ratio of 36.69 is 20% above its 5-year average of 30.61, around the middle of its 5-year range (20.13–44.81).

As of Wednesday, June 24, 2026. 8.51% above its 12-month average of 33.81.

PE Ratio (36.69) = Close Price ($474.34) / Diluted TTM EPS ($12.93)

PEG Ratio|P/B Ratio|EPS|All Metrics
TT PE Ratio

TT PE Ratio Chart

36.69
+3.29% 1Y
TT PE Ratio

TT Average PE Ratio Chart

TT PE Ratio

TT Current vs Average PE Ratio Chart

TT PE Ratio Metrics

PE RATIO

36.69

PE RATIO AVG TTM

33.81

PE RATIO AVG 3Y

32.54

PE RATIO AVG 5Y

30.61

PE RATIO AVG 10Y

24.78

PE RATIO AVG 15Y

22.65

PE RATIO AVG 20Y

20.03

CURRENT VS TTM AVG

+8.51%

CURRENT VS 3Y AVG

+12.76%

CURRENT VS 5Y AVG

+19.87%

CURRENT VS 10Y AVG

+48.08%

CURRENT VS 15Y AVG

+61.97%

CURRENT VS 20Y AVG

+83.16%

TT Competitors' PE Ratio

NAMEMARKET CAPPE RATIOTTM3Y5Y
Trane Technologies plc (TT)$104.86B36.6933.8132.5430.61
Quanta Services, Inc. (PWR)vs ›$105.39B96.3473.7158.5250.86
Howmet Aerospace Inc. (HWM)vs ›$110.08B63.8459.6347.4548.02
Cummins Inc. (CMI)vs ›$96.46B36.3125.3922.7019.84
General Dynamics Corporation (GD)vs ›$94.74B22.0322.0221.3920.32
Lockheed Martin Corporation (LMT)vs ›$116.13B24.3926.6220.9920.32
Bloom Energy Corporation (BE)vs ›$91.59BN/A4468.804468.804468.80
Parker-Hannifin Corporation (PH)vs ›$119.48B34.9731.0928.4727.35
United Parcel Service, Inc. (UPS)vs ›$89.96B17.1215.0416.6417.67
Vertiv Holdings Co (VRT)vs ›$120.63B79.9872.8874.42184.35

P/E vs. its own history

At 36.7, P/E is richer than usual, sitting higher than 94% of its 20-year history.

20-year low

0.8

median

18.4

20-year high

49.9

cheaperricher

P/E Comparison

Trailing P/E

36.7

Forward P/E

27.9

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$474.34

÷

Forward EPS (Est.)

$17.02

=

Forward P/E

27.87

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

Trane Technologies plc PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Trane Technologies plc PE Ratio FAQ

What is the P/E ratio for Trane Technologies plc (TT)?
The P/E ratio for TT stock is 36.69.
Is Trane Technologies plc's P/E ratio high or low?
Trane Technologies plc's P/E ratio of 36.69 is 20% above its 5-year average of 30.61, around the middle of its 5-year range (20.13–44.81).
What is the TTM average P/E ratio for Trane Technologies plc (TT)?
The TTM average P/E ratio for TT stock is 33.81.
What is the 3Y average P/E ratio for Trane Technologies plc (TT)?
The 3Y average P/E ratio for TT stock is 32.54.
What is the 5Y average P/E ratio for Trane Technologies plc (TT)?
The 5Y average P/E ratio for TT stock is 30.61.
What is the 10Y average P/E ratio for Trane Technologies plc (TT)?
The 10Y average P/E ratio for TT stock is 24.78.
What is the 15Y average P/E ratio for Trane Technologies plc (TT)?
The 15Y average P/E ratio for TT stock is 22.65.
What is the 20Y average P/E ratio for Trane Technologies plc (TT)?
The 20Y average P/E ratio for TT stock is 20.03.

Trane Technologies plc PE Ratio History

DATEPE RATIO
2026-06-2336.69
2026-06-2238.02
2026-06-1837.39
2026-06-1736.54
2026-06-1636.76
2026-06-1536.55
2026-06-1235.44
2026-06-1135.59
2026-06-1034.73
2026-06-0936.41
2026-06-0835.49
2026-06-0535.33
2026-06-0435.87
2026-06-0336.03
2026-06-0235.49
2026-06-0134.68
2026-05-2934.90
2026-05-2834.98
2026-05-2735.40
2026-05-2635.69
2026-05-2234.88
2026-05-2134.62
2026-05-2034.93
2026-05-1934.65
2026-05-1835.61
2026-05-1536.09
2026-05-1437.25
2026-05-1336.43
2026-05-1236.17
2026-05-1136.85
2026-05-0836.05
2026-05-0736.33
2026-05-0637.76
2026-05-0536.93
2026-05-0437.63
2026-05-0137.62
2026-04-3038.09
2026-04-2936.93
2026-04-2837.04
2026-04-2737.43
2026-04-2437.47
2026-04-2337.41
2026-04-2236.76
2026-04-2136.91
2026-04-2036.77
2026-04-1736.68
2026-04-1635.46
2026-04-1535.64
2026-04-1436.25
2026-04-1336.44
2026-04-1035.88
2026-04-0935.45
2026-04-0834.63
2026-04-0733.27
2026-04-0633.20
2026-04-0232.90
2026-04-0132.98
2026-03-3132.11
2026-03-3031.12
2026-03-2731.60
2026-03-2631.37
2026-03-2533.44
2026-03-2433.13
2026-03-2332.74
2026-03-2031.61
2026-03-1932.59
2026-03-1832.87
2026-03-1732.77
2026-03-1632.47
2026-03-1332.54
2026-03-1232.50
2026-03-1133.31
2026-03-1033.41
2026-03-0932.94
2026-03-0632.60
2026-03-0533.62
2026-03-0434.29
2026-03-0334.35
2026-03-0235.91
2026-02-2735.62
2026-02-2635.22
2026-02-2535.44
2026-02-2435.73
2026-02-2335.43
2026-02-2035.99
2026-02-1935.72
2026-02-1835.40
2026-02-1736.24
2026-02-1335.85
2026-02-1235.47
2026-02-1136.41
2026-02-1035.55
2026-02-0935.42
2026-02-0635.04
2026-02-0533.60
2026-02-0433.94
2026-02-0333.49
2026-02-0232.70
2026-01-3032.35
2026-01-2932.77
2026-01-2830.32
2026-01-2730.18
2026-01-2630.32
2026-01-2329.71
2026-01-2230.01
2026-01-2130.41
2026-01-2029.79
2026-01-1629.96
2026-01-1529.79
2026-01-1429.68
2026-01-1330.08
2026-01-1229.65
2026-01-0929.36
2026-01-0829.10
2026-01-0728.96
2026-01-0629.32
2026-01-0530.07
2026-01-0230.62
2025-12-3129.94
2025-12-3030.13
2025-12-2930.32
2025-12-2630.20
2025-12-2430.24
2025-12-2330.29
2025-12-2229.99
2025-12-1929.99
2025-12-1829.63
2025-12-1729.41
2025-12-1630.46
2025-12-1530.37
2025-12-1230.09
2025-12-1131.03
2025-12-1030.70
2025-12-0930.69
2025-12-0830.56
2025-12-0530.88
2025-12-0431.18
2025-12-0331.47
2025-12-0231.63
2025-12-0131.55
2025-11-2832.42
2025-11-2632.28
2025-11-2532.22
2025-11-2431.53
2025-11-2131.55
2025-11-2030.77
2025-11-1931.29
2025-11-1831.31
2025-11-1731.83
2025-11-1432.17
2025-11-1331.91
2025-11-1232.44
2025-11-1132.43
2025-11-1033.35
2025-11-0733.42
2025-11-0633.51
2025-11-0533.55
2025-11-0433.31
2025-11-0334.33
2025-10-3134.51
2025-10-3034.34
2025-10-2933.90
2025-10-2833.81
2025-10-2733.96
2025-10-2433.77
2025-10-2332.98
2025-10-2232.39
2025-10-2133.64
2025-10-2033.18
2025-10-1732.98
2025-10-1632.98
2025-10-1533.50
2025-10-1433.63
2025-10-1333.21
2025-10-1032.84
2025-10-0933.20
2025-10-0833.81
2025-10-0733.55
2025-10-0633.69
2025-10-0333.63
2025-10-0233.59
2025-10-0133.74
2025-09-3033.46
2025-09-2932.86
2025-09-2632.93
2025-09-2532.23
2025-09-2432.05
2025-09-2332.13
2025-09-2232.33
2025-09-1932.24
2025-09-1831.92
2025-09-1731.64
2025-09-1631.72
2025-09-1531.91
2025-09-1231.78
2025-09-1132.90
2025-09-1033.09
2025-09-0932.47
2025-09-0832.90
2025-09-0532.82
2025-09-0432.76
2025-09-0332.38
2025-09-0232.59
2025-08-2932.96
2025-08-2833.66
2025-08-2733.64
2025-08-2633.80
2025-08-2533.28
2025-08-2233.63
2025-08-2133.49
2025-08-2033.81
2025-08-1934.00
2025-08-1834.01
2025-08-1533.58
2025-08-1433.98
2025-08-1334.49
2025-08-1234.81
2025-08-1133.95
2025-08-0834.11
2025-08-0733.95
2025-08-0633.86
2025-08-0534.00
2025-08-0434.41
2025-08-0134.83
2025-07-3134.74
2025-07-3034.21
2025-07-2939.18
2025-07-2839.31
2025-07-2539.27
2025-07-2438.41
2025-07-2338.22
2025-07-2237.24
2025-07-2136.81
2025-07-1837.22
2025-07-1737.44
2025-07-1636.35
2025-07-1536.30
2025-07-1436.54
2025-07-1136.40
2025-07-1036.15
2025-07-0936.07
2025-07-0835.51
2025-07-0736.16
2025-07-0336.39
2025-07-0236.00
2025-07-0136.12
2025-06-3036.39
2025-06-2735.96
2025-06-2635.71
2025-06-2535.57
2025-06-2435.69
2025-06-2335.52
2025-06-2034.92
2025-06-1834.93
2025-06-1735.10
2025-06-1635.49
2025-06-1335.06
2025-06-1235.30
2025-06-1135.19
2025-06-1035.08

Showing the most recent 260 of 4,739 data points. The chart above shows the full history.

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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 / Machinery, Tools, Heavy Vehicles, Trains & Ships
Sector
Industrials
Industry
Machinery, Tools, Heavy Vehicles, Trains & Ships
CEO
David S. Regnery
View full financials