Filing Flows › Trane Technologies (TT) › Operating margin
Trane Technologies (TT) operating margin by quarter
Trane Technologies' operating margin was 19.9% in Q3 2026 (third quarter 2026), +0.6 pts from Q2 2026. Over the last 7 quarters it ranged from 15.6% (Q1 2026) to 20.3% (Q3 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 19.9% | +0.6 pts | -0.4 pts |
| Q2 2026 | 19.3% | +3.7 pts | -1.0 pts |
| Q1 2026 | 15.6% | -0.3 pts | -1.8 pts |
| Q4 2025 | 15.9% | -4.4 pts | — |
| Q3 2025 | 20.3% | +0.0 pts | — |
| Q2 2025 | 20.3% | +2.8 pts | — |
| Q1 2025 | 17.5% | — | — |
Q3 2026 at a glance
Trane Technologies, Q3 2026: revenue $6.8B (+18% year over year), operating margin 19.9%, net earnings $1.0B, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
Questions
What is Trane Technologies' operating margin?
Trane Technologies' operating margin was 19.9% in Q3 2026 (third quarter 2026), +0.6 pts from Q2 2026.
How has Trane Technologies' operating margin changed?
Over the last 7 quarters it ranged from 15.6% (Q1 2026) to 20.3% (Q3 2025).