Trane Technologies (FRA:2IS) FCF Margin %: 11.00% (As of Mar. 2026) — Near Median


FRA:2IS Trane Technologies PLC FRA:2IS
92 GF Score
Price €421.30
GF Value €369.36
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Trane Technologies FCF Margin %?

Trane Technologies FRA:2IS -1.45% 92 FCF Margin % is 11.00% as of Mar. 2026, which is 9% above its 10-year median of 10.13. GuruFocus rates FRA:2IS with a GF Score™ of 92/100 and a GF Value™ of €369.36 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,770 Construction companies, Trane Technologies ranks better than 84.86% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Trane Technologies's Free Cash Flow for the three months ended in Mar. 2026 was €473 Mil. Trane Technologies's Revenue for the three months ended in Mar. 2026 was €4,299 Mil. Therefore, Trane Technologies's FCF Margin % for the quarter that ended in Mar. 2026 was 11.00%.

As of today, Trane Technologies's current FCF Yield % is 2.99%.

The historical rank and industry rank for Trane Technologies's FCF Margin % or its related term are showing as below:

FRA:2IS' s FCF Margin % Range Over the Past 10 Years
Min: 7.58   Med: 10.13   Max: 14.5
Current: 14.5


During the past 13 years, the highest FCF Margin % of Trane Technologies was 14.50%. The lowest was 7.58%. And the median was 10.13%.

FRA:2IS's FCF Margin % is ranked better than
84.86% of 1770 companies
in the Construction industry
Industry Median: 2.61 vs FRA:2IS: 14.50


Trane Technologies FCF Margin % Related Terms


Trane Technologies FCF Margin % Historical Data

* Premium members only.

The historical data trend for Trane Technologies's FCF Margin % 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 FCF Margin % Chart

Trane Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.66 7.58 11.82 13.99 13.19

Trane Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 4.71 10.48 16.29 20.47 11.00

FRA:2IS vs JCI, CARR, MAIR: FCF Margin % Comparison

For the Building Products & Equipment subindustry, Trane Technologies's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Construction Industry

For the Construction industry and Industrials sector, Trane Technologies's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Trane Technologies's FCF Margin % falls into.


FRA:2IS
92GF Score
Trane Technologies PLC FRA:2IS
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Trane Technologies FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Trane Technologies's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2401.021/18208.903
=13.19 %

Trane Technologies's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=472.723/4298.531
=11.00 %

* 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 FCF Margin % →
What does a FCF Margin % of 11.00% mean?
Trane Technologies (FRA:2IS) has a FCF Margin % of 11.00% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Trane Technologies and its competitors. This is near median its historical median of 10.13. Over the past decade, Trane Technologies' FCF Margin % has ranged from 7.58 to 14.50. According to the industry distribution chart, Trane Technologies ranks #268 out of 1770 companies in the Construction industry, placing it in the top 15.1%.
Is Trane Technologies' FCF Margin % too high?
Trane Technologies' current FCF Margin % of 11.00% is near median its 10-year median of 10.13. Over the past 10 years, this metric has ranged from a low of 7.58 to a high of 14.50. The Construction industry median FCF Margin % is 2.61. Trane Technologies' value of 11.00% is 321.5% above this industry median. Based on the distribution chart, Trane Technologies ranks #268 out of 1770 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Trane Technologies has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trane Technologies' FCF Margin % compare to JCI and CARR?
According to the Construction industry distribution chart, Trane Technologies ranks #268 out of 1770 companies for FCF Margin %. This places Trane Technologies in the top 15% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.61. Trane Technologies' value of 11.00% is 321.5% above this benchmark. Historically, Trane Technologies' own FCF Margin % has ranged from 7.58 to 14.50 over the past decade. While the company's 10-year median is 10.13 vs. the industry median of 2.61, 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 FCF Margin % for a Construction company?
The median FCF Margin % among Construction companies is 2.61, based on 1,770 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Trane Technologies's current FCF Margin % of 11.00% is 321.5% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Trane Technologies and its competitors. For the Construction industry, the median FCF Margin % is 2.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trane Technologies's current FCF Margin % is 11.00%, which is near median its own 10-year median of 10.13. 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 (FRA:2IS) is currently considered Modestly Overvalued. The stock's GF Value™ is €369.36, compared to a current price of €421.30 — trading 14.1% above its estimated fair value. The current FCF Margin % is 11.00%, which is near median its 10-year median of 10.13 and 321.5% above the Construction industry median of 2.61. Trane Technologies' overall GF Score™ is 92/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Trane Technologies (FRA:2IS), the current FCF Margin % is 11.00% as of Mar. 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 (FRA:2IS) Overvalued in 2026?

Based on GuruFocus' analysis, Trane Technologies stock appears to be overvalued. The current stock price of €421.30 is trading 14.1% above its estimated GF Value™ of €369.36. GuruFocus considers Trane Technologies to be Modestly Overvalued.

Key valuation signals for FRA:2IS:

  • FCF Margin %: 11.00% (near median its 10-year median of 10.13)
  • GF Value™: €369.36 vs. price of €421.30 (14.1% above fair value)
  • GF Score™: 92/100 with 6 warning signs
  • Industry Position: 321.5% above the Construction median (#268 of 1770)

No single metric tells the full story. See the FRA: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.
92GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€421.30
Price
€369.36
GF Value