Trane Technologies price to free cash flow TT

Market value divided by free cash flow over the last twelve months, since 2010.

Today, Oct 23, 2026: 27.6×
10-year median: 26.0×
Against its 10-year history: 53rd; percentile: 0 is its lowest day, 100 its highest
10-year range: 9.0× to 49.5×
Peer median: 23.7×

Trane Technologies' price to free cash flow is 27.6× as of Oct 23, 2026.

That is above its ten-year median of 26.0×, close to the middle of its last ten years.

Over that time it ranged from 9.0× in Oct 2016 to 49.5× in Feb 2023.

The median for 10 industrial machinery stocks of a similar size is 23.7×.

Price to free cash flow over time

median 26×

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	27.6×	26.6×	38.3×
2025	34.4×	25.7×	39.3×
2024	29.5×	28.7×	36.7×
2023	29.1×	26.0×	49.5×
2022	44.7×	23.4×	48.6×
2021	29.8×	19.1×	32.4×
2020	23.0×	10.8×	26.0×
2019	19.8×	14.5×	22.6×
2018	14.2×	12.4×	17.3×
2017	16.2×	10.1×	16.6×
2016	10.0×	9.0×	22.2×
2015	23.7×	13.8×	26.8×
2014	26.0×	11.6×	26.0×
2013	12.2×	11.3×	18.0×
2012	11.9×	8.2×	13.3×
2011	9.9×	9.5×	22.3×
2010	17.8×	5.7×	17.8×

Against its peers

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

Company	Price to free cash flow
TTTrane Technologies	27.6×
EMREmerson Electric	26.1×
PHParker-Hannifin	28.4×
ITWIllinois Tool Works	26.9×
CMICummins	21.2×
PCARPACCAR	15.2×
ROKRockwell Automation	31.5×
CARRCarrier Global	24.0×
GEVGE Vernova	17.5×
OTISOtis Worldwide	16.7×
IRIngersoll Rand	23.4×
Peer median	23.7×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

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.