Free cash flow
Trane Technologies Free cash flow decreased by 48.1% to $546.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 147.7%, from $220.60M to $546.50M. Over 4 years (FY 2021 to FY 2025), Free cash flow shows an upward trend with a 19.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
cf_free_cash_flowHistorical Data
| 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 | $456.90M | $366.50M | $325.70M | -$263.00M | $352.60M | $451.30M | $671.30M | -$68.60M | $467.10M | $839.10M | $851.30M | $163.40M | $623.00M | $1.21B | $774.30M | $220.60M | $602.20M | $935.60M | $1.05B | $546.50M |
| QoQ Change | — | -19.8% | -11.1% | -180.7% | +234.1% | +28.0% | +48.7% | -110.2% | +780.9% | +79.6% | +1.5% | -80.8% | +281.3% | +94.9% | -36.2% | -71.5% | +173.0% | +55.4% | +12.6% | -48.1% |
| YoY Change | — | — | — | — | -22.8% | +23.1% | +106.1% | +73.9% | +32.5% | +85.9% | +26.8% | +338.2% | +33.4% | +44.7% | -9.0% | +35.0% | -3.3% | -23.0% | +36.0% | +147.7% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Trane Technologies's free cash flow?
- Trane Technologies (TT) reported free cash flow of $546.50M in Q1 2026.
- How has Trane Technologies's free cash flow changed year-over-year?
- Trane Technologies's free cash flow increased by 147.7% year-over-year, from $220.60M to $546.50M.
- What is the long-term trend for Trane Technologies's free cash flow?
- Over 4 years (2021 to 2025), Trane Technologies's free cash flow has grown at a 19.8% compound annual growth rate (CAGR), from $1.37B to $2.81B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.