Trane Technologies plc (TT)

TT Financials

TT Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	21.603B	4.969B	5.144B	5.742B	5.746B	4.689B	4.874B	5.441B	5.307B
Cost of Goods Sold	13.842B	3.241B	3.391B	3.624B	3.586B	3.011B	3.163B	3.467B	3.372B
Gross Profit	7.761B	1.728B	1.754B	2.118B	2.161B	1.677B	1.711B	1.974B	1.935B
Gross Profit Margin	34.8%	34.8%	34.1%	36.9%	37.6%	35.8%	35.1%	36.3%	36.5%
Total Operating Expenses	3.836B	952.000M	934.900M	952.900M	996.400M	858.600M	903.200M	949.800M	901.300M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	3.836B	952.000M	934.900M	952.900M	996.400M	858.600M	903.200M	949.800M	901.300M
Operating Income (EBIT)	3.925B	776.100M	819.000M	1.165B	1.164B	818.900M	807.600M	1.025B	1.034B
Operating Margin	15.6%	15.6%	15.9%	20.3%	20.3%	17.5%	16.6%	18.8%	19.5%
Income Before Tax (EBT)	3.662B	735.800M	741.300M	1.092B	1.093B	752.900M	750.600M	967.900M	972.600M
Interest Income	11.100M	4.600M	5.300M	1.200M	—	3.300M	11.500M	15.300M	5.400M
Interest Expense	225.000M	55.600M	55.600M	55.600M	58.200M	58.100M	59.900M	63.000M	57.500M
Other Income/Expense	-263.100M	-40.300M	-77.700M	-73.600M	-71.500M	-66.000M	-57.000M	-56.700M	-61.600M
Net Income	2.898B	584.400M	591.300M	847.600M	874.800M	604.900M	604.300M	772.000M	755.300M
Income Tax Expense	707.300M	136.300M	122.800M	231.500M	216.700M	134.900M	135.300M	181.100M	205.800M
Net Profit Margin	11.8%	11.8%	11.5%	14.8%	15.2%	12.9%	12.4%	14.2%	14.2%
EBITDA	4.265B	892.500M	887.700M	1.236B	1.249B	910.100M	907.200M	1.126B	1.119B
EBITDA Margin	18.0%	18.0%	17.3%	21.5%	21.7%	19.4%	18.6%	20.7%	21.1%
Depreciation & Amortization	378.300M	101.100M	90.800M	88.300M	98.100M	99.100M	96.700M	95.000M	96.200M
EPS Basic	13.03	2.62	2.67	3.82	3.92	2.71	2.69	3.42	3.33
EPS Diluted	12.93	2.62	2.64	3.78	3.89	2.67	2.66	3.39	3.30
Shares Outstanding	223.100M	223.100M	223.600M	222.600M	223.200M	223.176M	224.474M	225.800M	226.600M
Diluted Shares Outstanding	223.100M	223.100M	223.600M	224.400M	225.100M	226.400M	227.300M	228.000M	228.700M

TT Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	21.322B	19.838B	17.678B	15.992B	14.136B	12.455B	13.076B	12.344B
Cost of Goods Sold	13.612B	12.758B	11.820B	11.027B	9.667B	8.651B	9.085B	8.582B
Gross Profit	7.710B	7.080B	5.857B	4.965B	4.470B	3.803B	4.028B	3.761B
Gross Profit Margin	36.2%	35.7%	33.1%	31.0%	31.6%	30.5%	30.8%	30.5%
Total Operating Expenses	3.743B	3.580B	2.963B	2.546B	2.446B	2.271B	2.358B	2.249B
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	174.200M	166.700M
Selling, General & Administrative	3.743B	3.580B	2.963B	2.546B	2.446B	2.271B	2.131B	2.249B
Operating Income (EBIT)	3.967B	3.500B	2.894B	2.419B	2.023B	1.533B	1.670B	1.512B
Operating Margin	18.6%	17.6%	16.4%	15.1%	14.3%	12.3%	12.8%	12.2%
Income Before Tax (EBT)	3.679B	3.242B	2.567B	2.172B	1.791B	1.288B	1.399B	1.258B
Interest Income	4.500M	35.900M	15.400M	9.200M	4.000M	4.500M	600K	2.400M
Interest Expense	227.500M	238.400M	234.500M	223.500M	233.700M	248.700M	243.000M	221.000M
Other Income/Expense	-288.800M	-258.300M	-326.700M	-246.800M	-232.600M	-244.600M	-271.200M	-254.300M
Net Income	2.919B	2.568B	2.024B	1.756B	1.423B	854.900M	1.411B	1.338B
Income Tax Expense	705.900M	627.600M	498.400M	375.900M	333.500M	296.800M	238.600M	234.900M
Net Profit Margin	13.7%	12.9%	11.4%	11.0%	10.1%	6.9%	10.8%	10.8%
EBITDA	4.170B	3.860B	3.150B	2.716B	2.319B	1.832B	1.931B	2.242B
EBITDA Margin	19.6%	19.5%	17.8%	17.0%	16.4%	14.7%	14.8%	18.2%
Depreciation & Amortization	263.400M	379.400M	343.500M	319.200M	294.100M	294.300M	288.800M	361.500M
EPS Basic	13.09	11.44	8.85	7.55	5.96	3.56	5.84	5.53
EPS Diluted	12.98	11.24	8.77	7.48	5.87	3.52	5.77	5.35
Shares Outstanding	223.600M	224.474M	227.173M	232.600M	238.700M	240.100M	241.600M	241.905M
Diluted Shares Outstanding	223.600M	228.400M	230.700M	234.900M	242.300M	243.100M	244.400M	250.100M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

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.

Swords

43,000 employees

www.tranetechnologies.com

Industrials / Machinery, Tools, Heavy Vehicles, Trains & Ships

Sector: Industrials
Industry: Machinery, Tools, Heavy Vehicles, Trains & Ships
CEO: David S. Regnery

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