Trane Technologies plc (TT) quarterly cash flow statement — complete operating, investing & financing history
Trane Technologies plc (TT) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 1.11B | 621.4M | 1.17B | 1.02B | 692.1M | 339.5M | 899.9M | 1.3B | 692.13M | 247.2M | 934.8M | 922.3M | 524M | 8.5M | 760.3M | 510.2M | 421.7M | -188.2M | 427.1M | 410.6M |
| Operating CF Margin % | 17.52% | 12.5% | 22.69% | 17.81% | 12.04% | 7.24% | 18.46% | 23.94% | 13.04% | 5.86% | 21.13% | 18.89% | 11.14% | 0.23% | 18.66% | 11.67% | 10.06% | -5.61% | 11.97% | 11.04% |
| Operating CF Growth % | 60.84% | 83.03% | 29.73% | -21.5% | -0% | 37.34% | -3.73% | 41.23% | 32.09% | 2808.24% | 22.95% | 80.77% | 24.26% | 104.52% | 78.01% | 24.26% | -14.03% | -172.36% | -31.87% | -55.87% |
| Net Income | -589.5M | 589.5M | 612.9M | 857.9M | 876M | 599.1M | 615.3M | 786.9M | 762.2M | 445.2M | 516.6M | 638.9M | 596.8M | 316.6M | 465.5M | 552.4M | 523.5M | 263.4M | 341.7M | 408.7M |
| Depreciation & Amortization | 110M | 101.1M | 90.8M | 88.3M | 98.1M | 31.6M | 96.7M | 95M | 96.2M | 91.5M | 87.9M | 92M | 88.4M | 79.8M | 82.6M | 83.9M | 79.8M | 77.3M | 76.4M | 72.2M |
| Stock-Based Compensation | -26.8M | 26.8M | 0 | 42.1M | 25.2M | 20.4M | 19.3M | 20.3M | 0 | 20.1M | 10.4M | 13.4M | 16.1M | 24.4M | 10.3M | 10.7M | 13.9M | 21.4M | 14.3M | 12.7M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.2M | -13.4M | -16.1M | 0 | 0 | 0 | 0 | 0 | -95.8M | 11M |
| Other Non-Cash Items | 1.53B | -3.5M | 155.77M | -6.8M | -25.4M | 19.6M | -140.4M | -28.4M | 1.04M | 20M | -22.3M | -73.7M | 19.4M | -32.7M | -87M | 12.8M | -39.5M | -180M | 70.85M | -2.3M |
| Working Capital Changes | 92.5M | -92.5M | 307.94M | 41M | -281.8M | -331.2M | 309M | 428.8M | -167.31M | -329.6M | 340M | 265.1M | -180.6M | -379.6M | 288.9M | -149.6M | -156M | -370.3M | 19.65M | -91.7M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -110.1M | 0 | 0 | 0 | -345.4M | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -96.4M | 0 | 0 | 0 | -466.7M | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -125.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -146.6M | -755.7M | -79.93M | -68.6M | -100.9M | -385.1M | 323.7M | -260M | -542.4M | -81.7M | -436.1M | -89.1M | -556M | -91M | -214.6M | -67.1M | -175.4M | -83.3M | -336.9M | -46.7M |
| Capital Expenditures | 79.7M | -79.7M | -105.04M | -187.3M | -89.9M | -118.9M | -125.6M | -88.3M | -72.27M | -83.8M | -83.5M | -83.2M | -56.9M | -77.1M | -89M | -58.9M | -69.1M | -74.8M | -101.4M | -44.1M |
| CapEx % of Revenue | 1.25% | 1.6% | 2.04% | 3.26% | 1.56% | 2.54% | 2.58% | 1.62% | 1.36% | 1.99% | 1.89% | 1.7% | 1.21% | 2.1% | 2.18% | 1.35% | 1.65% | 2.23% | 2.84% | 1.19% |
| Acquisitions | -73.8M | -668.2M | 4.05M | -500K | -10.2M | -265.3M | -700K | -174.4M | -5.18M | 0 | -352.6M | -4M | -509.83M | 0 | -125.1M | 3.52M | -110M | 400K | -251.2M | -5.2M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -152.5M | -7.8M | 21.06M | 119.2M | -800K | -900K | 450M | 2.7M | -16.74M | 2.1M | 0 | -1.9M | 10.73M | -13.9M | -500K | -11.72M | 3.7M | -8.9M | 15.7M | 2.6M |
| Cash from Financing | -385.1M | -548.6M | -424.33M | -576.2M | -757.8M | -723.1M | -1.03B | -485.9M | -115.58M | -386.7M | -398.2M | -515.7M | 22.8M | -459.2M | -439.2M | -411.4M | -467M | -534.6M | -662.6M | -527.4M |
| Debt Issued (Net) | 0 | -2.6M | 453.09K | -1.17M | -163.37M | -900K | -500M | 6.14M | 385.85M | 99.9M | -45.7M | -201.1M | 190.4M | -900K | -2.1M | 240.9K | -7.5M | 0 | 7.3M | -125M |
| Equity Issued (Net) | 309.5M | -310.8M | -220.19M | 907.7M | -402.1M | -505.6M | -354.7M | -301.7M | -321.6M | -300.3M | -209.5M | -159.8M | -2.15M | -300M | -300.1M | -250M | -300.1M | -350M | -500.1M | -246M |
| Dividends Paid | -228M | -235.2M | -205.49M | -209.1M | -210.1M | -209.9M | -188.7M | -189.4M | -188.38M | -189.5M | -163.65M | -172.6M | -173.55M | -170.3M | -161.94M | -137.09M | -155M | -155.9M | -139.2M | -140.3M |
| Share Repurchases | 287.3M | -287.3M | -220.19M | 907.7M | -402.1M | -505.6M | -354.7M | -301.7M | -321.6M | -300.3M | -209.5M | -159.8M | -2.15M | -300M | -300.1M | -250M | -300.1M | -350M | -500.1M | -246M |
| Other Financing | -466.6M | 0 | 893.35K | -1.27B | 17.77M | -7.6M | 13M | -935.65K | 8.55M | 3.2M | 20.65M | 17.8M | 8.1M | 12M | 24.94M | -24.55M | -4.4M | -28.7M | -30.6M | -16.1M |
| Net Change in Cash | 581.7M | -696.5M | 637.5M | 351.6M | -86.3M | -729.6M | 120.1M | 595.4M | 24.7M | -245.4M | 135.3M | 296.4M | -29.3M | -527.6M | 140.3M | -10M | -258.2M | -810.8M | -579.6M | -173.6M |
| Free Cash Flow | 1.19B | 541.7M | 1.06B | 954.1M | 602.2M | 220.6M | 774.3M | 1.21B | 619.86M | 163.4M | 851.3M | 839.1M | 467.1M | -68.6M | 671.3M | 451.3M | 352.6M | -263M | 325.7M | 366.5M |
| FCF Margin % | 18.78% | 10.9% | 20.65% | 16.61% | 10.48% | 4.71% | 15.89% | 22.32% | 11.68% | 3.88% | 19.24% | 17.18% | 9.93% | -1.87% | 16.48% | 10.32% | 8.41% | -7.84% | 9.13% | 9.85% |
| FCF Growth % | 98.09% | 145.56% | 37.2% | -21.43% | -2.85% | 35.01% | -9.04% | 44.71% | 32.7% | 338.19% | 26.81% | 85.93% | 32.47% | 73.92% | 106.11% | 23.14% | -22.83% | -221.65% | -42.84% | -59.32% |
| FCF per Share | 5.35 | 2.43 | 4.75 | 4.25 | 2.68 | 0.97 | 3.41 | 5.33 | 2.71 | 0.71 | 3.70 | 3.64 | 2.03 | -0.30 | 2.89 | 1.93 | 1.50 | -1.11 | 1.35 | 1.52 |
| FCF Conversion (FCF/Net Income) | 1.20x | 1.06x | 1.97x | 1.21x | 0.79x | 0.56x | 1.49x | 1.69x | 0.92x | 0.57x | 1.85x | 1.47x | 0.89x | 0.03x | 1.73x | 0.93x | 0.83x | -0.72x | 1.34x | 1.01x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |