Investing

CapEx

Trane Technologies CapEx decreased by 24.7% to $79.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 33.0%, from $118.90M to $79.70M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 14.5% CAGR.

Analysis

StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.

Detailed definition

Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...

Peer comparison

Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.

Metric ID: cf_capital_expenditures

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$33.60M$44.10M$101.40M$74.80M$69.10M$58.90M$89.00M$77.10M$56.90M$83.20M$83.50M$83.80M$72.90M$88.30M$125.60M$118.90M$89.90M$68.40M$105.80M$79.70M
QoQ Change+31.3%+129.9%-26.2%-7.6%-14.8%+51.1%-13.4%-26.2%+46.2%+0.4%+0.4%-13.0%+21.1%+42.2%-5.3%-24.4%-23.9%+54.7%-24.7%
YoY Change+105.7%+33.6%-12.2%+3.1%-17.7%+41.3%-6.2%+8.7%+28.1%+6.1%+50.4%+41.9%+23.3%-22.5%-15.8%-33.0%
Range$33.60M$125.60M
CAGR+19.9%
Avg YoY Growth+14.7%
Median YoY Growth+7.4%

Geographic Breakdown

View all
SegmentFY'25
Americas$263.40M
EMEA$31.30M
Asia Pacific$7.00M
Total$383.00M

All segment values are derived from annual filings.

Frequently Asked Questions

What is Trane Technologies's capex?
Trane Technologies (TT) reported capex of $79.70M 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 $118.90M to $79.70M.
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 $223.00M to $383.00M.
What does capex mean?
The money spent on long-term physical assets like machinery, data centers, and office buildings.