Trane Technologies plc

Trane Technologies plc

TTยทNYSE

$465.84

+1.5%
IndustrialsConstruction

Trane Technologies plc, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of solutions for heating, ventilation, air conditioning, and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; auxiliary power units; chillers; coils and condensers; gensets; furnaces; heat pumps; home automation products; humidifiers; hybrid and non-diesel transport refrigeration, and ice energy storage solutions; indoor air quality assessments and related products; large and light commercial unitary products; motor replacements; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. The company also provides building management, control, ductless, geothermal, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, cryogenic, diesel-powered, electric-powered trailer and truck, hybrid-powered trailer, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration systems, as well as aftermarket and OEM parts and supplies. In addition, it offers energy and facility management, installation and performance contracting, repair and maintenance, and rental services. It markets and sells its products under the Trane and Thermo King brands through sales offices, distributors, and dealers in the United States; and through sales and service companies with a supporting chain of distributors worldwide. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. Trane Technologies plc was founded in 1885 and is headquartered in Swords, Ireland.

At a Glance

Live Snapshot
Market Cap$102.98B
EPS13.0900
P/E Ratio35.59
Earnings Date07/29/2026
3Y+33.0%
5Y+71.0%
10Y+58.0%
3Y+66.0%
5Y+241.0%
10Y+98.0%
3Y+112.0%
5Y+123.0%
10Y+113.0%
Trane Technologies plc

Trane Technologies plc Profit Bridge

TT ยท NYSE
Revenue21.32B
Cost of Goods Sold (13.61B)
Gross Profit7.71B
Operating Expenses (3.74B)
Operating Income3.97B
Interest Expense (227.50M)
Other Income/Expense-288.80M
Pretax Income3.68B
Income Tax (705.90M)
Net Income2.92B
Net Income
2.92B

Profitability Analysis

Gross Margin

36.2%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

18.6%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

13.7%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

19.2%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.

Trane Technologies plc Income Statement

TT โ€ข NYSE

Trane Technologies plc Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
21.3B
19.8B
17.7B
16B
14.1B
12.5B
13.1B
12.3B
14.2B
13.5B
13.3B
12.9B
12.4B
12B
14.8B
14.1B
13.2B
13.2B
8.8B
11.4B
GROSS PROFIT
(13.6B)
(12.8B)
(11.8B)
(11B)
(9.7B)
(8.7B)
(9.1B)
(8.6B)
(9.8B)
(9.3B)
(9.3B)
(9B)
(8.7B)
(8.5B)
(10.5B)
(10.2B)
(9.6B)
(9.6B)
(6.3B)
(8.4B)
7.7B
7.1B
5.9B
5B
4.5B
3.8B
4B
3.8B
4.4B
4.2B
4B
3.9B
3.6B
3.5B
4.3B
3.9B
3.6B
3.7B
2.5B
3B
OPERATING INCOME
(3.7B)
(3.6B)
(3B)
(2.5B)
(2.4B)
(2.3B)
(2.4B)
(2.2B)
(2.7B)
(2.6B)
(2.5B)
(2.5B)
(2.5B)
(2.4B)
(2.8B)
(2.7B)
(2.7B)
(2.4B)
(1.4B)
(1.5B)
(3.7B)
(3.6B)
(3B)
(2.5B)
(2.4B)
(2.3B)
(2.1B)
(2.2B)
(2.5B)
(2.6B)
(2.3B)
(2.5B)
(2.2B)
(2.4B)
(2.8B)
(2.7B)
(2.7B)
(2.3B)
(1.4B)
(1.5B)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(174.2M)
(166.7M)
(210.8M)
(207.9M)
(205.9M)
(212.3M)
(218.2M)
(235.4M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
4B
3.5B
2.9B
2.4B
2B
1.5B
1.7B
1.5B
1.7B
1.6B
1.5B
1.4B
1.1B
1.1B
1.5B
1.3B
841.6M
1.2B
1.1B
1.4B
PRE-TAX INCOME
(227.5M)
(238.4M)
(234.5M)
(223.5M)
(233.7M)
(248.7M)
(243M)
(221M)
(215.8M)
(221.5M)
(223M)
(225.3M)
(278.8M)
(250.5M)
(277.1M)
(283.2M)
(302.2M)
(245.4M)
(0.0)
(0.0)
-223M
-202.5M
-219.1M
-214.3M
-229.7M
-244.2M
-242.2M
-218.6M
-206.4M
-213.5M
-212.4M
-212.1M
-266M
-234.2M
-251.2M
-268M
-288.9M
-149.8M
0.0
0.0
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(52.6M)
-166.7M
(0.0)
-207.9M
(21.6M)
-212.3M
(148.3M)
-222.4M
(0.0)
(0.0)
(0.0)
(97.4M)
(0.0)
(0.0)
-288.8M
-258.3M
-326.7M
-246.8M
-232.6M
-244.6M
-271.2M
-254.3M
-247.4M
138.1M
-210.1M
-195.3M
-275.4M
-247.2M
-905.9M
-286.2M
-282.5M
-4B
-120.3M
-125.9M
3.7B
3.2B
2.6B
2.2B
1.8B
1.3B
1.4B
1.3B
1.4B
1.7B
1.2B
1.2B
829.6M
848M
613.3M
1B
559.1M
-2.8B
937.5M
1.3B
NET INCOME
(705.9M)
(627.6M)
(498.4M)
(375.9M)
(333.5M)
(296.8M)
(238.6M)
(234.9M)
(80.2M)
(281.5M)
(540.8M)
(293.7M)
(189M)
(56M)
(187.2M)
(228.1M)
(71.3M)
-208.6M
(204.4M)
(231.7M)
2.9B
2.6B
2B
1.8B
1.4B
854.9M
1.4B
1.3B
1.3B
1.5B
664.6M
931.7M
618.8M
1B
426.1M
642.2M
451.3M
-2.6B
4B
1B

SEC Filings

TT - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

April 30, 2026
April 30, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 30, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 24, 2026
April 23, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 23, 2026
June 04, 2026
2026
10-K

10-K 2025 FY

FY

February 05, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

January 29, 2026
January 29, 2026
2026
8-K

8-K 2025

N/A

December 02, 2025
December 02, 2025
2025
8-K

8-K 2025

N/A

October 30, 2025
October 30, 2025
2025
10-Q

10-Q 2025 Q3

Q3

October 30, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

July 30, 2025
July 30, 2025
2025
Showing 1 to 10 of 296 filings