Trane Technologies plc

TT|Industrials|Building Products & Equipment|$430.08|P/E 32.1|MCap 93.5B|NYSE

Last update: Mar 25, 2026 at 04:53

About Trane Technologies plc

Trane Technologies plc is a global climate innovator delivering efficient and sustainable climate solutions for buildings, homes, and transportation. Through its strategic brands Trane and Thermo King, the company provides a broad portfolio of products and services, including heating, ventilation, and air conditioning (HVAC) systems, energy and sustainability services, building automation, and climate-controlled transport refrigeration for food, medicines, and perishables. Trane focuses on creating comfortable, energy-efficient indoor environments for commercial and residential applications, while Thermo King emphasizes environmentally friendly practices in transporting temperature-sensitive goods worldwide. Trane Technologies plc serves diverse markets such as education, healthcare, government, data centers, retail, and commercial real estate, optimizing built environments to enhance energy efficiency and support decarbonization efforts. Founded in 1885 and headquartered in Swords, Ireland, the company operates with global expertise and local execution to pioneer innovative technologies that promote operational effectiveness and environmental responsibility.

Dividend Overview

Dividend Yield

0.92%

Annual Dividend

$3.87

Frequency

Quarterly

Payout Ratio

28.61%

FCF Payout Ratio

29.78%

Stock Price

$430.08

52-Week Range

$298.15 – $479.37

Dividend Health Score

Very Safe

Dividend Health Assessment

TT's dividend appears very safe. Strengths include a 28.6% earnings payout ratio & 29.8% fcf payout ratio. The dividend has been growing at a 5.87% 5-year CAGR.

Based on 15 of 15 metrics

Payout & Coverage

Very Safe

Earnings Payout Ratio

28.6%Very Safe

FCF Payout Ratio

29.8%Very Safe

CFO Payout Ratio

26.3%Very Safe

Interest Coverage

17.2xVery Safe

Balance Sheet

Safe

Net Debt / Total Assets

13.3%Safe

Current Ratio

1.3xCaution

Debt-to-Equity

63.2Very Safe

Profitability

Safe

Return on Equity

37.0%Very Safe

Operating Margin

15.5%Safe

Gross Margin

34.1%Caution

Profit Margin Stability

StableSafe

Dividend Track Record

Very Safe

11+ yrsVery Safe

NoneVery Safe

5.9%Safe

GrowingVery Safe

Dividend History (2016–2025)

TT annual dividend per share and yield history

Earnings & Profitability

TT earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

March 6, 2026

Next Payment Date

March 31, 2026

Dividend Growth

3-Year Dividend CAGR

1.71%

5-Year Dividend CAGR

5.87%

10-Year Dividend CAGR

12.10%

3-Year Total Growth

5.22%

5-Year Total Growth

33.02%

10-Year Total Growth

213.37%

Income Calculator

TT Dividend Calculator

Number of Shares

Total Investment

$43,008.00

Annual Income

$387.00

Quarterly Income

$96.75

Monthly Income

$32.25

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Frequently Asked Questions

What is TT's current dividend yield?

Trane Technologies plc (TT) currently has a dividend yield of 0.92%, based on a stock price of $430.08 and an annual dividend of $3.87.

When is TT's next dividend payment date?

TT's next ex-dividend date is 2026-03-06 and the next payment date is 2026-03-31. You must own the stock before the ex-dividend date to receive the upcoming payment.

How much does TT pay in dividends per year?

Trane Technologies plc paid $2.82 per share in annual dividends in 2025. The dividends are paid quarterly.

Has TT been increasing its dividend?

Trane Technologies plc has grown its dividend at a 5-year CAGR of 5.87% and a 10-year CAGR of 12.10%.

Is TT's dividend safe?

Trane Technologies plc has a payout ratio of 28.61%. Its free cash flow payout ratio is 29.78%. A payout ratio below 60% is generally considered sustainable.

How is TT's Dividend Health Score calculated?

The Dividend Health Score evaluates Trane Technologies plc's dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for industrials companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Health Score, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.