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Trane Technologies plc (TT) Net Profit Margin: 13.42%

Is Trane Technologies plc’s net profit margin high or low?

Trane Technologies plc's net profit margin of 13.42% is 22% above its 5-year average of 11.00%, near the high end of its 5-year range (6.86%–13.69%).

As of Wednesday, June 24, 2026. 0.79% above its 12-month average of 13.31%.

TT Net Profit Margin

TT Net Profit Margin Chart

13.69%

Reported annual fiscal-period values; no daily interpolation.

+173.80% 10Y
TT Net Profit Margin

TT Average Net Profit Margin Chart

TT Net Profit Margin

TT Current vs Average Net Profit Margin Chart

TT Net Profit Margin Metrics

NET PROFIT MARGIN

13.42%

NET PROFIT MARGIN AVG TTM

13.31%

NET PROFIT MARGIN AVG 3Y

12.26%

NET PROFIT MARGIN AVG 5Y

11.00%

NET PROFIT MARGIN AVG 10Y

10.25%

NET PROFIT MARGIN AVG 15Y

8.80%

NET PROFIT MARGIN AVG 20Y

8.59%

CURRENT VS TTM AVG

+0.79%

CURRENT VS 3Y AVG

+9.42%

CURRENT VS 5Y AVG

+22.02%

CURRENT VS 10Y AVG

+30.96%

CURRENT VS 15Y AVG

+52.51%

CURRENT VS 20Y AVG

+56.18%

TT Competitors' Net Profit Margin

NAMEMARKET CAPNET PROFIT MARGINTTM3Y5Y
Trane Technologies plc (TT)$104.86B13.42%13.31%12.26%11.00%
Quanta Services, Inc. (PWR)vs ›$105.39B3.72%3.72%3.47%3.60%
Howmet Aerospace Inc. (HWM)vs ›$110.08B20.22%16.91%13.40%10.47%
Cummins Inc. (CMI)vs ›$96.46B7.89%10.00%7.46%7.95%
General Dynamics Corporation (GD)vs ›$94.74B8.07%7.97%8.09%8.20%
Lockheed Martin Corporation (LMT)vs ›$116.13B6.38%7.09%8.28%8.83%
Bloom Energy Corporation (BE)vs ›$91.59B0.25%-3.17%-13.54%-15.15%
Parker-Hannifin Corporation (PH)vs ›$119.48B16.58%16.03%12.82%12.04%
United Parcel Service, Inc. (UPS)vs ›$89.96B5.94%6.32%7.89%7.74%
Vertiv Holdings Co (VRT)vs ›$120.63B14.37%9.61%6.82%3.70%

Margin Comparison

Operating Margin

18.2%

Net Profit Margin

13.4%

Trane Technologies plc Net Profit Margin Formula & Definition

Net Profit Margin = Net Income / Revenue

Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Trane Technologies plc Net Profit Margin FAQ

What is the net profit margin for Trane Technologies plc (TT)?
The net profit margin for TT stock is 13.42%.
Is Trane Technologies plc's net profit margin high or low?
Trane Technologies plc's net profit margin of 13.42% is 22% above its 5-year average of 11.00%, near the high end of its 5-year range (6.86%–13.69%).
What is the TTM average net profit margin for Trane Technologies plc (TT)?
The TTM average net profit margin for TT stock is 13.31%.
What is the 3Y average net profit margin for Trane Technologies plc (TT)?
The 3Y average net profit margin for TT stock is 12.26%.
What is the 5Y average net profit margin for Trane Technologies plc (TT)?
The 5Y average net profit margin for TT stock is 11.00%.
What is the 10Y average net profit margin for Trane Technologies plc (TT)?
The 10Y average net profit margin for TT stock is 10.25%.
What is the 15Y average net profit margin for Trane Technologies plc (TT)?
The 15Y average net profit margin for TT stock is 8.80%.
What is the 20Y average net profit margin for Trane Technologies plc (TT)?
The 20Y average net profit margin for TT stock is 8.59%.

Trane Technologies plc Net Profit Margin History

DATENET PROFIT MARGIN
2025-12-3113.69%
2024-12-3112.94%
2023-12-3111.45%
2022-12-3110.98%
2021-12-3110.07%
2020-12-316.86%
2019-12-3110.79%
2018-12-3110.84%
2017-12-319.17%
2016-12-3110.93%
2015-12-315.00%
2014-12-317.23%
2013-12-315.01%
2012-12-318.39%
2011-12-312.88%
2010-12-314.56%
2009-12-313.42%
2008-12-31-19.84%
2007-12-3145.27%
2006-12-319.05%
2005-12-3110.00%
2004-12-318.83%
2003-12-316.53%
2002-12-31-1.94%
2001-12-312.86%
2000-12-317.96%
1999-12-317.56%
1998-12-316.75%
1997-12-316.10%
1996-12-315.34%

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