R&D expense · 2011–2025

Trane Technologies R&D expense

$348M+12.3% · FY2025

Trane Technologies (TT) reported $348M in R&D expense for fiscal 2025, +12.3% year on year.

$257M2011$235M2012$218M2013$212M2014$206M2015$208M2016$211M2017$167M2018$174M2019$165M2020$194M2021$211M2022$252M2023$310M2024$348M2025
Trane Technologies — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$348M+12.3%Open →
FY20242024-12-31$310M+22.7%Open →
FY20232023-12-31$252M+19.5%Open →
FY20222022-12-31$211M+9.1%Open →
FY20212021-12-31$194M+17.3%Open →
FY20202020-12-31$165M−5.3%Open →
FY20192019-12-31$174M+4.5%Open →
FY20182018-12-31$167M−20.9%Open →
FY20172017-12-31$211M+1.4%Open →
FY20162016-12-31$208M+1.0%Open →
FY20152015-12-31$206M−3.0%Open →
FY20142014-12-31$212M−2.7%Open →
FY20132013-12-31$218M−7.3%Open →
FY20122012-12-31$235M−8.5%Open →
FY20112011-12-31$257M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +2.2%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Trane Technologies R&D expense |url=https://companiesranked.com/en/company/trane-technologies/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Trane Technologies R&D expense. CompaniesRanked. https://companiesranked.com/en/company/trane-technologies/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-trane-technologies-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Trane Technologies R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/trane-technologies/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001628280-26-005731 · February 5, 2026

{{cite web |title=Trane Technologies R&D expense — 10-K (0001628280-26-005731) |url=https://www.sec.gov/Archives/edgar/data/1466258/000162828026005731/tt-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-05}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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