What is Trane Technologies's SG&A?

Trane Technologies (TT) reported SG&A of $952M in Q1 2026.

How has Trane Technologies's SG&A changed year-over-year?

Trane Technologies's SG&A increased by 10.9% year-over-year, from $858.6M to $952M.

What is the long-term trend for Trane Technologies's SG&A?

Over 4 years (2021 to 2025), Trane Technologies's SG&A has grown at a 11.2% compound annual growth rate (CAGR), from $2.45B to $3.74B.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Trane Technologies TT SG&A

SG&A at other companies

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$101.7M+24.8%

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$119.4M+9.0%

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WatscoWSO

$322.85M+0.1%

EMCOR GroupEME

$460.11M+13.9%

AaonAAON

$67.91M+32.4%

Johnson Controls InternationalJCI

$1.4B-1.8%

Segments

By geography

See full

Americas$687.8M+0.1%

EMEA$124.9M+8.6%

Asia Pacific$56.4M+2.9%

Other financials

Income statement

See full

Revenue$5.0B+6.0%

Gross profit$1.7B+3.0%

Operating income$776.1M-5.2%

Net income$584.4M-3.4%

EPS (diluted)$2.62-1.9%

Balance sheet

See full

Cash & equivalents$1.8B+10.9%

Total debt$3.9B-17.8%

Total equity$8.6B+14.7%

Total assets$22.8B+13.1%

Cash flow

See full

Operating cash flow$626.2M+84.4%

CapEx$79.7M-33.0%

Free cash flow$546.5M+148%

Valuation

See full

Market cap$111.29B+18.9%

P/E38.4×+4.2×

P/S5.2×+0.5×

Profitability

See full

Gross margin31.8%—

Operating margin18.2%0.0pp

Net margin13.4%-0.1pp

FCF margin14.5%+0.6pp

Returns & leverage

See full

Return on equity36%-2.0pp

Debt / equity0.5×-0.2×

Current ratio1.1×0.0×

Where this comes from

Reported directly by Trane Technologies in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The official record: Trane Technologies’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Trane Technologies's SG&A?: Trane Technologies (TT) reported SG&A of $952M in Q1 2026.
How has Trane Technologies's SG&A changed year-over-year?: Trane Technologies's SG&A increased by 10.9% year-over-year, from $858.6M to $952M.
What is the long-term trend for Trane Technologies's SG&A?: Over 4 years (2021 to 2025), Trane Technologies's SG&A has grown at a 11.2% compound annual growth rate (CAGR), from $2.45B to $3.74B.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.