Trane Technologies PE ratio TT

Share price divided by earnings per share over the last twelve months, since 2010.

Today, Oct 23, 2026: 33.7×
10-year median: 25.3×
Against its 10-year history: 73rd; percentile: 0 is its lowest day, 100 its highest
10-year range: 9.0× to 50.0×
Peer median: 28.3×

Trane Technologies' PE ratio is 33.7× as of Oct 23, 2026: a share price of $444.90 against $13.20 of earnings per share over the last twelve months.

That is above its ten-year median of 25.3×, higher than on 73% of days in the last ten years.

Over that time it ranged from 9.0× in Oct 2016 to 50.0× in Apr 2021.

The median for 10 industrial machinery stocks of a similar size is 28.3×.

PE ratio over time

median 25.3×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	33.7×	29.4×	37.6×
2025	30.2×	28.3×	39.3×
2024	34.7×	28.3×	39.8×
2023	28.7×	21.6×	28.7×
2022	24.3×	20.1×	34.0×
2021	36.3×	31.2×	50.0×
2020	38.9×	13.1×	39.7×
2019	18.6×	11.8×	18.7×
2018	11.5×	11.2×	18.4×
2017	17.2×	10.1×	18.0×
2016	10.1×	9.0×	20.2×
2015	16.8×	15.2×	19.6×
2014	19.1×	16.8×	24.2×
2013	17.7×	11.8×	20.7×
2012	11.1×	10.7×	34.9×
2011	26.0×	16.0×	28.3×
2010	21.9×	16.0×	21.9×

Against its peers

Companies in Industrial - Machinery nearest Trane Technologies' size, closest first, today.

Company	PE ratio
TTTrane Technologies	33.7×
EMREmerson Electric	35.4×
PHParker-Hannifin	30.9×
ITWIllinois Tool Works	25.0×
CMICummins	26.4×
PCARPACCAR	22.5×
ROKRockwell Automation	39.9×
CARRCarrier Global	39.1×
GEVGE Vernova	23.3×
OTISOtis Worldwide	19.3×
IRIngersoll Rand	30.2×
Peer median	28.3×

Where Trane Technologies ranks

#50of 61Industrial machinery stocks with the lowest PE ratio

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Trane Technologies

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.