Trane Technologies plc Income Tax Expense 2007-2026 | TT
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What is income tax expense?
Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.
What is Trane Technologies plc's current income tax expense?
Trane Technologies plc (TT) annual income tax expense for 2025 was $705.9M, a 12.48% increase from 2024. Trane Technologies plc income tax expense for the quarter ending March 31, 2026 was $136.3M.
What was Trane Technologies plc's income tax expense in 2024?
Trane Technologies plc annual income tax expense for 2024 was $627.6M, a 25.92% increase from 2023.
What was Trane Technologies plc's income tax expense in 2023?
Trane Technologies plc annual income tax expense for 2023 was $498.4M, a 32.59% increase from 2022.
What is Trane Technologies plc's 5-year income tax expense CAGR?
Trane Technologies plc income tax expense grew at a compound annual growth rate (CAGR) of 18.92% from FY2020 to FY2025, going from $296.8M to $705.9M over 5 years.
Income Tax Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+18.9%
FY2020
$296.8M
→
FY2025
$705.9M
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5 years selected
Income Tax Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $705.9M | +12.5% | 10-K |
| FY2024 | $627.6M | +25.9% | 10-K |
| FY2023 | $498.4M | +32.6% | 10-K |
| FY2022 | $375.9M | +12.7% | 10-K |
| FY2021 | $333.5M | +12.4% | 10-K |
| FY2020 | $296.8M | +24.4% | 10-K |
| FY2019 | $238.6M | +1.6% | 10-K |
| FY2018 | $234.9M | +192.9% | 10-K |
| FY2017 | $80.2M | -71.5% | 10-K |
| FY2016 | $281.5M | -47.9% | 10-K |
| FY2015 | $540.8M | +84.1% | 10-K |
| FY2014 | $293.7M | +55.4% | 10-K |
| FY2013 | $189.0M | +237.5% | 10-K |
| FY2012 | $56.0M | +23.3% | 10-K |
| FY2011 | $45.4M | -80.1% | 10-K |
| FY2010 | $228.1M | +179.9% | 10-K |
| FY2009 | $81.5M | +142.4% | 10-K |
| FY2008 | $-192.3M | -194.1% | 10-K |
| FY2007 | $204.4M | - | 10-K |
Company: Trane Technologies plcTicker: TTSector: OtherIndustry: Auto Controls For Regulating Residential & Comml EnvironmentsView company profile →