Non-Current Assets
Goodwill
Trane Technologies Goodwill increased by 7.7% to $6.96B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.4%, from $6.36B to $6.96B. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 3.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 30, 2026
How to read this metric
A large balance indicates a history of acquisitions; significant write-downs signal that past acquisitions have failed to meet performance expectations.
Detailed definition
This intangible asset arises when a company acquires another business for a price higher than the fair market value of i...
Peer comparison
Common in industries with high M&A activity; investors monitor for impairment risks during economic downturns.
Metric ID:
goodwillHistorical Data
20 periods
| 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 | $5.33B | $5.31B | $5.5B | $5.5B | $5.46B | $5.37B | $5.5B | $5.52B | $5.75B | $5.72B | $6.1B | $6.06B | $6.06B | $6.21B | $6.13B | $6.36B | $6.45B | $6.44B | $6.46B | $6.96B |
| QoQ Change | — | -0.4% | +3.7% | -0.2% | -0.7% | -1.6% | +2.5% | +0.3% | +4.1% | -0.5% | +6.6% | -0.6% | -0.0% | +2.6% | -1.4% | +3.8% | +1.4% | -0.0% | +0.2% | +7.7% |
| YoY Change | — | — | — | — | +2.3% | +1.1% | -0.0% | +0.5% | +5.3% | +6.5% | +10.7% | +9.7% | +5.4% | +8.7% | +0.5% | +4.9% | +6.4% | +3.7% | +5.4% | +9.4% |
Range$5.31B – $6.96B
CAGR+5.8%
Avg YoY Growth+5.0%
Median YoY Growth+5.4%
Current Streak2 quarters growth
Geographic Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Americas | $4.67B | $4.77B | $4.77B | $4.94B | $4.95B | $4.95B | $4.95B | $5.46B |
| EMEA | $844.1M | $883.6M | $821.6M | $877.9M | $952M | $947.7M | $950.5M | $938.5M |
| Asia Pacific | $538.8M | $557.8M | $537.2M | $540.1M | $546.7M | $549.5M | $557.4M | $562.8M |
| Total | $6.06B | $6.21B | $6.13B | $6.36B | $6.45B | $6.44B | $6.46B | $6.96B |
Goodwill at Other Companies
Frequently Asked Questions
- What is Trane Technologies's goodwill?
- Trane Technologies (TT) reported goodwill of $6.96B in Q1 2026.
- How has Trane Technologies's goodwill changed year-over-year?
- Trane Technologies's goodwill increased by 9.4% year-over-year, from $6.36B to $6.96B.
- What is the long-term trend for Trane Technologies's goodwill?
- Over 5 years (2020 to 2025), Trane Technologies's goodwill has grown at a 3.9% compound annual growth rate (CAGR), from $5.34B to $6.46B.
- What does goodwill mean?
- The premium paid over the fair value of net assets during an acquisition.