Interest Expense
Trane Technologies Interest Expense remained flat by 0.0% to $55.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.3%, from $58.10M to $55.60M. Over 4 years (FY 2021 to FY 2025), Interest Expense shows relatively stable performance with a -0.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Increasing interest expense may signal higher debt levels or rising interest rates, which can reduce net profitability.
Detailed definition
Interest expense represents the cost incurred by a company for borrowed funds, such as loans, bonds, or other debt instr...
Peer comparison
Highly dependent on the company's capital structure; peers with lower debt-to-equity ratios will show lower interest expenses.
is_interest_expenseHistorical 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 | $59.30M | $57.70M | $56.00M | $56.00M | $55.90M | $55.80M | $55.80M | $57.60M | $61.60M | $57.90M | $57.40M | $58.10M | $57.50M | $63.00M | $59.80M | $58.10M | $57.40M | $55.60M | $55.60M | $55.60M |
| QoQ Change | — | -2.7% | -2.9% | +0.0% | -0.2% | -0.2% | +0.0% | +3.2% | +6.9% | -6.0% | -0.9% | +1.2% | -1.0% | +9.6% | -5.1% | -2.8% | -1.2% | -3.1% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | -5.7% | -3.3% | -0.4% | +2.9% | +10.2% | +3.8% | +2.9% | +0.9% | -6.7% | +8.8% | +4.2% | +0.0% | -0.2% | -11.7% | -7.0% | -4.3% |
Interest Expense at Other Companies
Frequently Asked Questions
- What is Trane Technologies's interest expense?
- Trane Technologies (TT) reported interest expense of $55.60M in Q1 2026.
- How has Trane Technologies's interest expense changed year-over-year?
- Trane Technologies's interest expense decreased by 4.3% year-over-year, from $58.10M to $55.60M.
- What is the long-term trend for Trane Technologies's interest expense?
- Over 4 years (2021 to 2025), Trane Technologies's interest expense has grown at a -0.8% compound annual growth rate (CAGR), from $233.70M to $226.70M.
- What does interest expense mean?
- The cost of borrowing money, paid as interest on debt.