Trane Technologies (HAM:2IS) EV-to-EBITDA: 24.03 (As of Aug. 01, 2026) — 43% Above Median

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HAM:2IS Trane Technologies PLC HAM:2IS
93 GF Score
Price €380.10
GF Value €363.58
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Trane Technologies EV-to-EBITDA?

Trane Technologies HAM:2IS -2.29% 93 EV-to-EBITDA is 24.03 as of Aug. 01, 2026, which is 43% above its 10-year median of 16.86. GuruFocus rates HAM:2IS with a GF Score™ of 93/100 and a GF Value™ of €363.58 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,479 Construction companies, Trane Technologies ranks worse than 83.64% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Trane Technologies's enterprise value is €89,732 Mil. Trane Technologies's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €3,734 Mil. Therefore, Trane Technologies's EV-to-EBITDA for today is 24.03.

The historical rank and industry rank for Trane Technologies's EV-to-EBITDA or its related term are showing as below:

HAM:2IS' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.49   Med: 16.86   Max: 26.55
Current: 23.81

During the past 13 years, the highest EV-to-EBITDA of Trane Technologies was 26.55. The lowest was 5.49. And the median was 16.86.

HAM:2IS's EV-to-EBITDA is ranked worse than
83.64% of 1479 companies
in the Construction industry
Industry Median: 8.96 vs HAM:2IS: 23.81

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-01), Trane Technologies's stock price is €380.10. Trane Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €11.353. Therefore, Trane Technologies's PE Ratio (TTM) for today is 33.48.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Trane Technologies  (HAM:2IS) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Trane Technologies's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=380.10/11.353
=33.48

Trane Technologies's share price for today is €380.10.
Trane Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €11.353.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Trane Technologies EV-to-EBITDA Related Terms


Trane Technologies EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Trane Technologies's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Trane Technologies EV-to-EBITDA Chart

Trane Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.61 15.48 18.77 22.31 20.80

Trane Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.16 22.59 20.80 22.45 25.77

HAM:2IS vs JCI, CARR, LII: EV-to-EBITDA Comparison

For the Building Products & Equipment subindustry, Trane Technologies's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Trane Technologies EV-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Trane Technologies's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Trane Technologies's EV-to-EBITDA falls into.


HAM:2IS
93GF Score
Trane Technologies PLC HAM:2IS
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trane Technologies EV-to-EBITDA Calculation

Trane Technologies's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=89731.925/3733.981
=24.03

Trane Technologies's current Enterprise Value is €89,732 Mil.
Trane Technologies's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,734 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 24.03 mean?
Trane Technologies (HAM:2IS) has a EV-to-EBITDA of 24.03 as of Aug. 01, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Trane Technologies. This is 43% above median its historical median of 16.86. Over the past decade, Trane Technologies' EV-to-EBITDA has ranged from 5.49 to 26.55. According to the industry distribution chart, Trane Technologies ranks #1237 out of 1479 companies in the Construction industry, placing it in the top 83.6%.
Is Trane Technologies' EV-to-EBITDA too high?
Trane Technologies' current EV-to-EBITDA of 24.03 is 43% above median its 10-year median of 16.86. Over the past 10 years, this metric has ranged from a low of 5.49 to a high of 26.55. The Construction industry median EV-to-EBITDA is 8.96. Trane Technologies' value of 24.03 is 168.2% above this industry median. Based on the distribution chart, Trane Technologies ranks #1237 out of 1479 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Trane Technologies has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Trane Technologies' EV-to-EBITDA compare to JCI and CARR?
According to the Construction industry distribution chart, Trane Technologies ranks #1237 out of 1479 companies for EV-to-EBITDA. This places Trane Technologies in the lower half of its industry. The industry median EV-to-EBITDA is 8.96. Trane Technologies' value of 24.03 is 168.2% above this benchmark. Historically, Trane Technologies' own EV-to-EBITDA has ranged from 5.49 to 26.55 over the past decade. While the company's 10-year median is 16.86 vs. the industry median of 8.96, Trane Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Construction company?
The median EV-to-EBITDA among Construction companies is 8.96, based on 1,479 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Trane Technologies's current EV-to-EBITDA of 24.03 is 168.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Trane Technologies. For the Construction industry, the median EV-to-EBITDA is 8.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trane Technologies's current EV-to-EBITDA is 24.03, which is 43% above median its own 10-year median of 16.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trane Technologies stock overvalued right now?
Based on GuruFocus' analysis, Trane Technologies (HAM:2IS) is currently considered Fairly Valued. The stock's GF Value™ is €363.58, compared to a current price of €380.10 — trading 4.5% above its estimated fair value. The current EV-to-EBITDA is 24.03, which is 43% above median its 10-year median of 16.86 and 168.2% above the Construction industry median of 8.96. Trane Technologies' overall GF Score™ is 93/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Trane Technologies (HAM:2IS), the current EV-to-EBITDA is 24.03 as of Aug. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Trane Technologies (HAM:2IS) Overvalued in 2026?

Based on GuruFocus' analysis, Trane Technologies stock appears to be overvalued. The current stock price of €380.10 is trading 4.5% above its estimated GF Value™ of €363.58. GuruFocus considers Trane Technologies to be Fairly Valued.

Key valuation signals for HAM:2IS:

  • EV-to-EBITDA: 24.03 (43% above median its 10-year median of 16.86)
  • GF Value™: €363.58 vs. price of €380.10 (4.5% above fair value)
  • GF Score™: 93/100 with 1 warning sign
  • Industry Position: 168.2% above the Construction median (#1237 of 1479)

No single metric tells the full story. See the HAM:2IS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trane Technologies Business Description

Address 170/175 Lakeview Drive, Airside Business Park, Swords County, Dublin, IRL
Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for approximately 80% of its revenue, with 13% from EMEA and 7% Asia-Pacific. The company was formed in 2020 when its former parent, Ingersoll Rand, merged with Gardner Denver in a tax-advantaged reverse Morris trust transaction.
93GF Score

Get the complete analysis for HAM:2IS

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€380.10
Price
€363.58
GF Value