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.
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
cf_capital_expenditures| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |
| Segment | FY'25 |
|---|---|
| Americas | $263.40M |
| EMEA | $31.30M |
| Asia Pacific | $7.00M |
| Total | $383.00M |
All segment values are derived from annual filings.