What is Trane Technologies's unrecognized tax benefits?

Trane Technologies (TT) reported unrecognized tax benefits of $63.80M in Q1 2026.

What does unrecognized tax benefits mean?

The total value of tax savings the company has claimed or expects to claim but has not yet recorded due to uncertainty.

Discontinued — last reported Q1 '19

Unrecognized tax benefits

Trane Technologies Unrecognized tax benefits increased by 2.2% to $63.80M in Q1 2026 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionOther

CategoryRisk

SignalLower is better

VolatilityModerate

First reportedQ4 2015

Last reportedQ1 2019

How to read this metric

A decrease suggests the resolution of tax audits or the expiration of statutes of limitations, while an increase suggests new tax positions with higher uncertainty.

Detailed definition

This represents the aggregate amount of tax benefits that have not been recognized in the financial statements because t...

Peer comparison

Peers generally maintain low levels of unrecognized tax benefits to minimize audit risk and financial statement volatility.

Metric ID: other_unrecognized_tax_benefits

Historical Data

2 periods

	Q4 '25	Q1 '26
Value	$62.40M	$63.80M
QoQ Change	—	+2.2%

Range$62.40M – $63.80M

Unrecognized tax benefits at Other Companies

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Frequently Asked Questions

What is Trane Technologies's unrecognized tax benefits?: Trane Technologies (TT) reported unrecognized tax benefits of $63.80M in Q1 2026.
What does unrecognized tax benefits mean?: The total value of tax savings the company has claimed or expects to claim but has not yet recorded due to uncertainty.