Trane Technologies plc (TT)
Interest coverage
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 3,906,100 | 3,480,200 | 2,806,400 | 2,396,300 | 2,025,100 |
| Interest expense | US$ in thousands | 227,500 | 238,400 | 234,500 | 223,500 | 233,700 |
| Interest coverage | 17.17 | 14.60 | 11.97 | 10.72 | 8.67 |
December 31, 2025 calculation
Interest coverage = EBIT ÷ Interest expense
= $3,906,100K ÷ $227,500K
= 17.17
Peer comparison
Dec 31, 2025
Company name
Symbol
Interest coverage
Trane Technologies plc
TT
17.17
Griffon Corporation
GFF
2.33
Johnson Controls International PLC
JCI
—
Lennox International Inc
LII
24.74
Quanex Building Products
NX
-3.35