Total Debt for Trane Technologies (TT)
According to Trane Technologies's latest reported financial statements, the company's latest reported total debt is $4.62B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingTotal DebtSwitch metric
Latest period
$4.62B
YoY change
-14.3%
5Y CAGR
-2.6%
Peak year (2019)
$5.57B
Latest annual
$4.62B
Total Debt history chart for Trane Technologies (TT) from 1985 to 2025
Total Debt history table for Trane Technologies (TT) from 1985 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $4.62B | -14.3% | ||
| 2024 | $5.38B | +12.7% | ||
| 2023 | $4.78B | -1.2% | ||
| 2022 | $4.84B | -0.1% | ||
| 2021 | $4.84B | -8.2% | ||
| 2020 | $5.27B | -5.4% | ||
| 2019 | $5.57B | +36.2% | ||
| 2018 | $4.09B | +0.7% | ||
| 2017 | $4.06B | -0.2% | ||
| 2016 | $4.07B | -4.0% | ||
| 2015 | $4.24B | +0.3% | ||
| 2014 | $4.22B | +20.0% | ||
| 2013 | $3.52B | +8.9% | ||
| 2012 | $3.23B | -11.2% | ||
| 2011 | $3.64B | -1.1% | ||
| 2010 | $3.68B | -10.1% | ||
| 2009 | $4.10B | -20.1% | ||
| 2008 | $5.12B | +252.5% | ||
| 2007 | $1.45B | -26.8% | ||
| 2006 | $1.98B | -6.3% | ||
| 2005 | $2.12B | +12.6% | ||
| 2004 | $1.88B | -18.9% | ||
| 2003 | $2.32B | -28.6% | ||
| 2002 | $3.25B | -6.3% | ||
| 2001 | $3.46B | -5.4% | ||
| 2000 | $3.66B | +40.4% | ||
| 1999 | $2.61B | +5.0% | ||
| 1998 | $2.48B | -28.0% | ||
| 1997 | $3.45B | +160.4% | ||
| 1996 | $1.33B | -9.2% | ||
| 1995 | $1.46B | +224.3% | ||
| 1994 | $450.10M | -13.6% | ||
| 1993 | $521.00M | +46.5% | ||
| 1992 | $355.60M | -5.4% | ||
| 1991 | $375.90M | -35.5% | ||
| 1990 | $582.90M | +50.9% | ||
| 1989 | $386.30M | -11.9% | ||
| 1988 | $438.60M | +17.0% | ||
| 1987 | $374.80M | -29.5% | ||
| 1986 | $531.30M | +0.2% | ||
| 1985 | $530.10M | — |
Total Debt values are taken from Trane Technologies's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Trane Technologies (TT) total debt is $4.62B – declined 14.3% year-over-year.
Over 2020–2025 (5 years), Trane Technologies total debt expanded at a -2.6% compound annual rate, with a net decline across the window.
The highest annual total debt of $5.57B was reported in 2019. The lowest in the available history was $355.60M in 1992.
Trane Technologies (TT) sits 9th of 8 Industrials peers we track on this metric, against a peer median of $37.04B.
Trane Technologies Total Debt by Year
Trane Technologies Total Debt 2025: $4.62B
Trane Technologies total debt in 2025 was $4.62B, declined 14.3% below 2024.
Trane Technologies Total Debt 2024: $5.38B
Trane Technologies total debt in 2024 was $5.38B, grew 12.7% from 2023.
Trane Technologies Total Debt 2023: $4.78B
Trane Technologies total debt in 2023 was $4.78B, edged down 1.2% below 2022.
Trane Technologies Total Debt 2022: $4.84B
Trane Technologies total debt in 2022 was $4.84B, edged down 0.1% below 2021.
Trane Technologies Total Debt 2021: $4.84B
Trane Technologies total debt in 2021 was $4.84B.
See more financial history for Trane Technologies (TT).
Sector peers — Total Debt
Companies in the same sector as Trane Technologies, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| Deere & Company (DE) | $63.94B | Industrials |
| The Boeing Company (BA) | $54.43B | Industrials |
| Caterpillar Inc. (CAT) | $43.33B | Industrials |
| RTX Corporation (RTX) | $39.51B | Industrials |
| Honeywell International Inc. (HON) | $34.58B | Industrials |
| Union Pacific Corporation (UNP) | $31.81B | Industrials |
| GE Aerospace (GE) | $20.49B | Industrials |
| Eaton Corporation plc (ETN) | $11.17B | Industrials |
Frequently asked questions
What is Trane Technologies's total debt?
- Latest reported total debt for Trane Technologies (TT) is $4.62B (period ending December 31, 2025).
How has Trane Technologies total debt changed year-over-year?
- Trane Technologies (TT) total debt changed -14.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Trane Technologies total debt?
- Trane Technologies (TT) total debt compound annual growth rate is -2.6% over the most recent 5 years available.
When did Trane Technologies total debt hit its highest annual value?
- Trane Technologies total debt reached its highest annual value of $5.57B in 2019.
What was Trane Technologies total debt in 2024?
- Trane Technologies (TT) total debt in 2024 was $5.38B.
What was Trane Technologies total debt in 2025?
- Trane Technologies (TT) total debt in 2025 was $4.62B.
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