What is Trane Technologies's capex?

Trane Technologies (TT) reported capex of $79.7M in Q1 2026.

How has Trane Technologies's capex changed year-over-year?

Trane Technologies's capex decreased by 33.0% year-over-year, from $118.9M to $79.7M.

What is the long-term trend for Trane Technologies's capex?

Over 4 years (2021 to 2025), Trane Technologies's capex has grown at a 14.5% compound annual growth rate (CAGR), from $223M to $383M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Trane Technologies TT CapEx

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Segments

By geography

See full

Americas$263.4M+7.6%

EMEA$31.3M-14.5%

Asia Pacific$7M-56.5%

Other financials

Income statement

See full

Revenue$5.0B+6.0%

Gross profit$1.7B+3.0%

Operating income$776.1M-5.2%

Net income$584.4M-3.4%

EPS (diluted)$2.62-1.9%

Balance sheet

See full

Cash & equivalents$1.8B+10.9%

Total debt$3.9B-17.8%

Total equity$8.6B+14.7%

Total assets$22.8B+13.1%

Cash flow

See full

Operating cash flow$626.2M+84.4%

Free cash flow$546.5M+148%

Valuation

See full

Market cap$111.29B+18.9%

P/E38.4×+4.2×

P/S5.2×+0.5×

Profitability

See full

Gross margin31.8%—

Operating margin18.2%0.0pp

Net margin13.4%-0.1pp

FCF margin14.5%+0.6pp

Returns & leverage

See full

Return on equity36%-2.0pp

Debt / equity0.5×-0.2×

Current ratio1.1×0.0×

Where this comes from

Reported directly by Trane Technologies in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Trane Technologies’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Trane Technologies's capex?: Trane Technologies (TT) reported capex of $79.7M in Q1 2026.
How has Trane Technologies's capex changed year-over-year?: Trane Technologies's capex decreased by 33.0% year-over-year, from $118.9M to $79.7M.
What is the long-term trend for Trane Technologies's capex?: Over 4 years (2021 to 2025), Trane Technologies's capex has grown at a 14.5% compound annual growth rate (CAGR), from $223M to $383M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.