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
Peer comparison
Dec 31, 2025
Company name
Symbol
Interest coverage
Trane Technologies plc
TT
17.17
Griffon Corporation
GFF
2.30
Johnson Controls International PLC
JCI
11.06
Lennox International Inc
LII
19.98
Quanex Building Products
NX
-3.35