Trane Technologies plc (TT)

Interest coverage

Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 3,906,100 3,919,700 3,803,300 3,675,000 3,472,800 3,334,400 3,157,700 2,963,100 2,801,700 2,708,100 2,574,900 2,455,900 2,396,000 2,268,300 2,123,800 2,067,000 2,027,000 1,960,900 1,946,800 1,717,800
Interest expense (ttm) US$ in thousands 227,500 231,800 239,200 238,500 238,500 236,000 230,900 235,000 234,500 233,000 230,900 225,200 223,600 223,700 225,600 229,000 232,600 238,500 243,200 245,200
Interest coverage 17.17 16.91 15.90 15.41 14.56 14.13 13.68 12.61 11.95 11.62 11.15 10.91 10.72 10.14 9.41 9.03 8.71 8.22 8.00 7.01

December 31, 2025 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $3,906,100K ÷ $227,500K
= 17.17


See also:

Trane Technologies plc Interest Coverage (Quarterly Data)