Tax
Income Tax
Trane Technologies Income Tax increased by 11.0% to $136.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.0%, from $134.90M to $136.30M. Over 4 years (FY 2021 to FY 2025), Income Tax shows an upward trend with a 20.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Changes may reflect shifts in corporate tax law, geographic earnings mix, or the expiration of tax incentives.
Detailed definition
The total amount of income tax a company expects to pay to federal, state, and foreign governments based on its earnings...
Peer comparison
Global companies often have complex tax expenses due to earnings in multiple international jurisdictions.
Metric ID:
income_tax_expenseHistorical 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 | $122.80M | $96.80M | $65.50M | $61.10M | $136.60M | $104.70M | $73.50M | $73.20M | $169.60M | $157.50M | $98.10M | $105.50M | $205.80M | $181.10M | $135.20M | $134.90M | $216.70M | $231.50M | $122.80M | $136.30M |
| QoQ Change | — | -21.2% | -32.3% | -6.7% | +123.6% | -23.4% | -29.8% | -0.4% | +131.7% | -7.1% | -37.7% | +7.5% | +95.1% | -12.0% | -25.3% | -0.2% | +60.6% | +6.8% | -47.0% | +11.0% |
| YoY Change | — | — | — | — | +11.2% | +8.2% | +12.2% | +19.8% | +24.2% | +50.4% | +33.5% | +44.1% | +21.3% | +15.0% | +37.8% | +27.9% | +5.3% | +27.8% | -9.2% | +1.0% |
Range$61.10M – $231.50M
CAGR+2.2%
Avg YoY Growth+20.7%
Median YoY Growth+20.6%
Income Tax at Other Companies
Frequently Asked Questions
- What is Trane Technologies's income tax?
- Trane Technologies (TT) reported income tax of $136.30M in Q1 2026.
- How has Trane Technologies's income tax changed year-over-year?
- Trane Technologies's income tax increased by 1.0% year-over-year, from $134.90M to $136.30M.
- What is the long-term trend for Trane Technologies's income tax?
- Over 4 years (2021 to 2025), Trane Technologies's income tax has grown at a 20.6% compound annual growth rate (CAGR), from $333.50M to $705.90M.
- What does income tax mean?
- The amount of money a company sets aside to pay its corporate income taxes.