TT
Trane Technologies
PEG ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: TT
- PEG Ratio
As of Jul 2, 2026, TT's PEG ratio of 4.89 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 36.67 measured against EPS growth of 7.5%. When compared to the trailing 4-quarter average of 2.29, TT's PEG ratio reflects a 114% increase.
TT PEG ratio history
Trane Technologies's ten years historical PEG ratio has a mean of 1.33. Compared to historical data, TT's 4.89 PEG ratio represents an increase of 268%. TT hit its maximum PEG ratio of 4.43 during the Jun 2019 quarter over the last ten years. The Sep 2016 quarter marked the lowest reading at 0.09, indicating the most favorable growth-adjusted valuation.
Trane Technologies PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.94 | 29.73 | 15.3% |
| 2024 | 1.15 | 32.54 | 28.2% |
| 2023 | 1.6 | 27.56 | 17.2% |
| 2022 | 0.83 | 22.26 | 26.7% |
| 2021 | 0.5 | 33.9 | 67.4% |
| 2020 | N/A | 40.78 | -39% |
| 2019 | 2.88 | 22.76 | 7.9% |
| 2018 | 2.86 | 16.86 | 5.9% |
| 2017 | N/A | 17.45 | -10.4% |
| 2016 | 0.1 | 13.16 | 127.1% |
| 2015 | N/A | 22.03 | -27% |
| 2014 | 0.29 | 18.43 | 63% |
| 2013 | N/A | 29.19 | -37% |
| 2012 | 0.07 | 14.32 | 216% |
| 2011 | N/A | 28.75 | -46.5% |
Trane Technologies PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 4.26 | 31.96 | 7.5% |
| Dec 2025 | 1.94 | 29.73 | 15.3% |
| Sep 2025 | 1.57 | 32.19 | 20.5% |
| Jun 2025 | 1.39 | 34.39 | 24.7% |
| Mar 2025 | 0.97 | 27.78 | 28.5% |
| Dec 2024 | 1.15 | 32.54 | 28.2% |
| Sep 2024 | 1.32 | 35.73 | 27.1% |
| Jun 2024 | 1.31 | 32.25 | 24.7% |
| Mar 2024 | 1.5 | 31.8 | 21.2% |
| Dec 2023 | 1.6 | 27.56 | 17.2% |
| Sep 2023 | 1.05 | 23.7 | 22.5% |
| Jun 2023 | 0.8 | 23.38 | 29.2% |
| Mar 2023 | 0.85 | 23.62 | 27.9% |
| Dec 2022 | 0.83 | 22.26 | 26.7% |
| Sep 2022 | 0.87 | 20.72 | 23.9% |
TT average PEG ratio chart
TT's PEG ratio today sits above the 3, 5 and 10-year averages.
PEG comparison
With a PEG of 4.89, TT stands higher than the Industrials sector and the industry average. Looking at the Industrials sector average of 1.13, Trane Technologies's PEG is 333% higher.
TT EPS growth
TT Price vs fair value
TT PEG vs peers
Relative to its peer stock JCI, TT's PEG ratio is higher.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| JCI Johnson Controls International plc | 0.53 | $85.88B |
| TT Trane Technologies plc | 4.89 | $105.69B |
| LII Lennox International Inc | N/A | $19.84B |
Frequently asked questions
What is Trane Technologies's PEG ratio?
Based on Jul 2, 2026 data, TT has a PEG ratio of 4.89.
What is the 3-year average PEG ratio for Trane Technologies (TT)?
Across the past 3 years, TT's PEG ratio has averaged at 1.64.
What is the 5-year average PEG ratio for Trane Technologies (TT)?
Across the past 5 years, TT's PEG ratio has averaged at 1.31.
What is the highest PEG ratio for TT?
TT is currently at its ten years PEG ratio peak of 4.89.
How does the current PEG ratio for TT compare to its historical average?
At present, TT's PEG ratio is 268% higher than its 10-year historical average.
Why is Trane Technologies's PEG ratio so high?
Slow earnings growth combined with a rich valuation drives TT's PEG ratio to 4.89.
How is TT's PEG ratio calculated (Trane Technologies PEG ratio formula)?
Computing the PEG ratio involves dividing the PE ratio by the company's earnings per share growth (YoY TTM). As of Jul 2, 2026, Trane Technologies has a PE ratio of 36.67. Earnings grew at 7.5% over the TTM period ending Mar 2026. Applying the formula, this gives a PEG ratio of 4.89. PEG RATIO(4.89) = PE RATIO(36.67) / EPS GROWTH(7.5%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.