Trane Technologies plc (TT) Enterprise Value (EV): $109.65B
The enterprise value (EV) for Trane Technologies plc (TT) is $109.65B as of Wednesday, June 24, 2026.
TT Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$109.65B
TT Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| Trane Technologies plc (TT) | $106.80B | $109.65B |
| Quanta Services, Inc. (PWR)vs › | $105.32B | $70.00B |
| Howmet Aerospace Inc. (HWM)vs › | $110.08B | $85.14B |
| Lockheed Martin Corporation (LMT)vs › | $116.13B | $129.26B |
| Cummins Inc. (CMI)vs › | $96.46B | $75.66B |
| General Dynamics Corporation (GD)vs › | $94.74B | $98.32B |
| Parker-Hannifin Corporation (PH)vs › | $119.48B | $98.79B |
| Vertiv Holdings Co (VRT)vs › | $120.63B | $63.52B |
| Bloom Energy Corporation (BE)vs › | $91.59B | $21.43B |
| United Parcel Service, Inc. (UPS)vs › | $89.96B | $110.62B |
Enterprise Value Calculation
Market Cap
$106.80B
Total Debt
$4.62B
Cash
$1.76B
Enterprise Value
$109.65B
EV-Based Valuation Multiples
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
Trane Technologies plc Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Trane Technologies plc Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for Trane Technologies plc (TT)?
- The enterprise value (EV) for TT stock is $109.65B.
Related Metrics
About Trane Technologies plc
Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps; chillers; coils and condensers; auxiliary power, cold storage, and condensing units; controls contracting and commissioning, decarbonization programs, and gensets; dehumidifiers; energy and water efficiency programs; energy recovery ventilators and power solutions; energy storage; furnaces; home automation; humidifiers; HVAC performance-monitoring products; and indoor air quality assessments and related products for HVAC and transport solutions. The company also provides asset management, building management, bus air purification, bus and rail HVAC, container refrigeration, control, ductless, geothermal, data center and multi-pipe HVAC, package heating and cooling, rail refrigeration, residential air filtration, self and vehicle powered truck refrigeration, temporary heating and cooling, truck refrigeration, unitary, variable refrigerant flow, and trailer refrigeration systems. In addition, it offers industrial process refrigeration, installation contracting, lighting retrofit, medical grade refrigeration, refrigerant reclamation, renewable energy and storage, residential hybrid heating, telematics, thermostats/controls and associated digital, ventilation, and stationary cold storage solutions; packaged rooftop units; rate chambers; residential air filters; thermal energy storage; transport heater products; temperature freezers; energy infrastructure programs and management, repair and maintenance, smart and AI-enabled, and rental services; water source heat pumps; and aftermarket and OEM parts and supplies. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. The company was founded in 1885 and is headquartered in Swords, Ireland.
- Sector
- Industrials
- Industry
- Industrial - Machinery
- CEO
- David S. Regnery