Trane Technologies plc Key Executives

This section highlights Trane Technologies plc's key executives, including their titles and compensation details.

Unlock Executive Information

Upgrade to access executive details

Upgrade Now

Find Contacts at Trane Technologies plc

(Showing 0 of )

Unlock Team Information

Upgrade to access team member details

Upgrade Now

Trane Technologies plc Earnings

This section highlights Trane Technologies plc's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: April 29, 2025
Time: Before Market
Est. EPS: $2.19
Status: Unconfirmed

Last Earnings Results

Date: January 30, 2025
EPS: $2.61
Est. EPS: $2.52
Revenue: $4.87B

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q4 2024 2025-01-30 $2.52 $2.61
Read Transcript Q3 2024 2024-10-30 $3.25 $3.37
Read Transcript Q2 2024 2024-07-31 $3.08 $3.30
Read Transcript Q1 2024 2024-04-30 $1.65 $1.94
Read Transcript Q4 2023 2024-02-01 $2.13 $2.17
Read Transcript Q3 2023 2023-11-01 $2.66 $2.79
Read Transcript Q2 2023 2023-08-02 $2.56 $2.68
Read Transcript Q1 2023 2023-05-03 $1.34 $1.41

Trane Technologies plc (TT)

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.

Industrials Construction

$347.14

Stock Price

$77.86B

Market Cap

45.00K

Employees

Swords, None

Location

Financial Statements

Access annual & quarterly financial statements for Trane Technologies plc, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Revenue $19.84B $17.68B $15.99B $14.14B $12.45B
Cost of Revenue $12.76B $11.82B $11.03B $9.67B $8.65B
Gross Profit $7.08B $5.86B $4.96B $4.47B $3.80B
Gross Profit Ratio 35.69% 33.10% 31.05% 31.60% 30.54%
Research and Development Expenses $- $252.30M $211.20M $193.50M $165.00M
General and Administrative Expenses $- $- $- $- $-
Selling and Marketing Expenses $- $- $- $- $-
Selling General and Administrative Expenses $3.58B $2.96B $2.55B $2.45B $2.27B
Other Expenses $- $-252.30M $-23.30M $1.10M $4.10M
Operating Expenses $3.58B $2.96B $2.55B $2.45B $2.27B
Cost and Expenses $16.34B $14.78B $13.57B $12.11B $10.92B
Interest Income $35.90M $15.40M $9.20M $4.00M $4.50M
Interest Expense $238.40M $234.50M $223.50M $233.70M $248.70M
Depreciation and Amortization $379.40M $343.50M $319.20M $294.10M $294.30M
EBITDA $3.86B $3.15B $2.72B $2.32B $1.83B
EBITDA Ratio 19.46% 17.82% 17.00% 16.44% 14.70%
Operating Income $3.50B $2.89B $2.42B $2.02B $1.53B
Operating Income Ratio 17.64% 16.37% 15.13% 14.31% 12.31%
Total Other Income Expenses Net $-258.30M $-326.70M $-246.80M $-232.60M $-244.60M
Income Before Tax $3.24B $2.57B $2.17B $1.79B $1.29B
Income Before Tax Ratio 16.34% 14.52% 13.58% 12.67% 10.34%
Income Tax Expense $627.60M $498.40M $375.90M $333.50M $296.80M
Net Income $3.50M $2.02B $1.76B $1.42B $854.90M
Net Income Ratio 0.02% 11.45% 10.98% 10.07% 6.86%
EPS $0.02 $8.91 $7.55 $5.96 $3.56
EPS Diluted $0.02 $8.77 $7.48 $5.87 $3.52
Weighted Average Shares Outstanding 224.47M 227.17M 232.60M 238.70M 240.10M
Weighted Average Shares Outstanding Diluted 228.40M 230.70M 234.90M 242.30M 243.10M
SEC Filing Source Source Source Source Source


Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Revenue $4.87B $5.44B $5.31B $4.22B $4.42B $4.88B $4.70B $3.67B $4.07B $4.37B $4.19B $3.36B $3.57B $3.72B $3.83B $3.02B $3.18B $3.50B $3.14B $2.64B
Cost of Revenue $3.16B $3.47B $3.37B $2.76B $2.95B $3.22B $3.12B $2.52B $2.85B $2.94B $2.87B $2.37B $2.53B $2.52B $2.56B $2.06B $2.23B $2.36B $2.16B $1.90B
Gross Profit $1.71B $1.97B $1.94B $1.46B $1.47B $1.66B $1.58B $1.14B $1.22B $1.43B $1.32B $989.00M $1.04B $1.20B $1.27B $953.20M $947.90M $1.13B $978.30M $742.50M
Gross Profit Ratio 35.10% 36.30% 36.50% 34.60% 33.30% 34.00% 33.70% 31.20% 29.90% 32.80% 31.60% 29.50% 29.20% 32.40% 33.20% 31.60% 29.82% 32.46% 31.17% 28.11%
Research and Development Expenses $- $- $- $- $252.30M $- $- $- $211.20M $- $- $- $193.50M $- $- $- $165.00M $- $- $-
General and Administrative Expenses $- $- $904.00M $828.80M $- $- $- $692.30M $- $- $- $- $- $- $- $- $- $- $- $-
Selling and Marketing Expenses $- $- $-3.50M $-7.40M $- $- $- $-5.60M $- $- $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $903.20M $949.80M $900.50M $821.40M $783.70M $793.90M $699.00M $686.70M $638.90M $693.30M $612.80M $600.80M $605.80M $620.80M $619.70M $600.00M $559.90M $567.80M $554.80M $588.10M
Other Expenses $- $- $-3.70M $-12.10M $-12.00M $-10.00M $-57.40M $-9.40M $-2.30M $-15.60M $-1.60M $1.60M $14.90M $-5.50M $2.20M $-4.60M $-3.50M $-4.50M $-400.00K $16.80M
Operating Expenses $903.20M $949.80M $900.50M $821.40M $783.70M $793.90M $699.00M $686.70M $638.90M $693.30M $612.80M $600.80M $605.80M $620.80M $619.70M $600.00M $559.90M $567.80M $554.80M $588.10M
Cost and Expenses $4.07B $4.42B $4.27B $3.58B $3.74B $4.02B $3.82B $3.21B $3.49B $3.63B $3.48B $2.97B $3.13B $3.14B $3.18B $2.66B $2.79B $2.93B $2.72B $2.49B
Interest Income $11.50M $15.30M $5.40M $3.70M $4.30M $3.60M $3.10M $4.40M $4.00M $2.40M $1.50M $1.30M $1.00M $800.00K $1.10M $- $900.00K $1.90M $1.80M $-
Interest Expense $59.90M $63.00M $57.50M $58.10M $57.40M $57.90M $61.60M $57.60M $55.90M $55.80M $55.90M $56.00M $56.00M $57.70M $59.30M $59.60M $61.90M $62.40M $61.30M $63.20M
Depreciation and Amortization $96.70M $95.00M $96.20M $91.50M $87.90M $92.00M $88.40M $79.80M $82.00M $84.00M $79.80M $77.30M $76.40M $72.20M $74.80M $76.00M $70.60M $74.50M $74.20M $75.00M
EBITDA $907.20M $1.13B $1.12B $722.60M $760.00M $946.20M $916.40M $527.20M $660.50M $805.00M $781.90M $460.20M $527.20M $656.80M $727.00M $423.50M $455.30M $645.70M $497.40M $253.30M
EBITDA Ratio 18.61% 20.69% 21.31% 17.32% 17.35% 19.38% 19.48% 14.38% 14.20% 18.53% 16.92% 13.96% 12.62% 17.50% 19.04% 14.07% 14.32% 16.09% 15.90% 9.32%
Operating Income $807.60M $1.02B $1.03B $638.50M $687.60M $864.20M $885.40M $456.80M $580.60M $739.50M $710.60M $388.20M $435.70M $583.40M $651.00M $353.20M $388.00M $566.90M $423.50M $154.40M
Operating Income Ratio 16.57% 18.83% 19.50% 15.15% 15.54% 17.70% 18.82% 12.46% 14.25% 16.91% 16.96% 11.57% 12.21% 15.68% 17.00% 11.70% 12.20% 16.22% 13.49% 5.85%
Total Other Income Expenses Net $-820.80M $-56.70M $-61.60M $-83.10M $-72.80M $-67.90M $-119.00M $-67.00M $-58.20M $-74.50M $-57.50M $-56.70M $-41.10M $-64.60M $-59.00M $-67.90M $-65.40M $-66.90M $-61.70M $-50.60M
Income Before Tax $-13.20M $967.90M $972.60M $550.70M $614.80M $796.30M $766.40M $389.80M $522.40M $665.00M $653.10M $331.50M $394.60M $518.80M $592.00M $285.30M $322.60M $500.00M $361.80M $103.80M
Income Before Tax Ratio -0.27% 17.79% 18.33% 13.06% 13.90% 16.31% 16.29% 10.63% 12.82% 15.21% 15.59% 9.88% 11.06% 13.95% 15.46% 9.45% 10.15% 14.30% 11.53% 3.93%
Income Tax Expense $-1.60M $181.10M $205.80M $105.50M $98.20M $157.50M $169.60M $73.20M $73.40M $104.70M $136.60M $61.10M $65.50M $96.80M $122.80M $48.40M $72.40M $89.90M $83.50M $51.00M
Net Income $-11.60M $772.00M $755.30M $436.30M $504.30M $626.30M $586.20M $307.10M $439.10M $547.90M $509.30M $260.20M $317.80M $405.70M $464.70M $235.20M $244.70M $400.60M $238.80M $-29.20M
Net Income Ratio -0.24% 14.19% 14.23% 10.35% 11.40% 12.83% 12.46% 8.38% 10.78% 12.53% 12.15% 7.75% 8.90% 10.91% 12.13% 7.79% 7.70% 11.46% 7.61% -1.11%
EPS $-0.05 $3.42 $3.33 $1.92 $2.22 $2.74 $2.57 $1.34 $1.91 $2.36 $2.18 $1.11 $1.35 $1.70 $1.94 $0.98 $1.02 $1.67 $1.00 $-0.12
EPS Diluted $-0.05 $3.39 $3.30 $1.90 $2.19 $2.72 $2.55 $1.33 $1.89 $2.34 $2.16 $1.10 $1.32 $1.68 $1.91 $0.97 $1.01 $1.64 $0.99 $-0.12
Weighted Average Shares Outstanding 224.47M 225.80M 226.60M 227.40M 227.17M 228.60M 228.50M 229.30M 230.23M 231.90M 233.80M 234.60M 235.19M 238.20M 239.90M 239.40M 238.81M 240.00M 240.00M 239.50M
Weighted Average Shares Outstanding Diluted 227.30M 228.00M 228.70M 229.50M 229.90M 230.60M 230.30M 231.50M 232.40M 234.00M 235.70M 237.10M 240.70M 241.70M 243.40M 243.10M 244.30M 243.70M 242.30M 242.30M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $- $1.10B $1.22B $2.16B $3.29B
Short Term Investments $- $- $- $- $-
Cash and Short Term Investments $1.59B $1.10B $1.22B $2.16B $3.29B
Net Receivables $3.09B $3.42B $2.98B $2.59B $2.20B
Inventory $1.97B $2.15B $1.99B $1.53B $1.19B
Other Current Assets $686.00M $207.30M $183.60M $186.70M $224.40M
Total Current Assets $7.34B $6.87B $6.38B $6.47B $6.91B
Property Plant Equipment Net $2.02B $2.29B $1.54B $1.40B $1.35B
Goodwill $6.13B $6.10B $5.50B $5.50B $5.34B
Intangible Assets $3.31B $3.44B $3.26B $3.31B $3.29B
Goodwill and Intangible Assets $9.44B $9.54B $8.77B $8.81B $8.63B
Long Term Investments $- $- $239.60M $-581.50M $-578.50M
Tax Assets $- $- $680.10M $581.50M $578.50M
Other Non-Current Assets $1.35B $701.60M $478.90M $1.38B $1.27B
Total Non-Current Assets $12.81B $12.52B $11.70B $11.59B $11.25B
Other Assets $- $- $- $- $-
Total Assets $20.15B $19.39B $18.08B $18.06B $18.16B
Account Payables $2.15B $2.03B $2.09B $1.79B $1.52B
Short Term Debt $4.00B $801.90M $1.20B $497.70M $914.40M
Tax Payables $- $- $- $- $-
Deferred Revenue $- $- $1.01B $805.40M $-
Other Current Liabilities $157.00M $3.23B $2.39B $2.47B $1.90B
Total Current Liabilities $6.30B $6.05B $5.69B $4.48B $4.34B
Long Term Debt $- $4.35B $4.10B $4.79B $4.77B
Deferred Revenue Non-Current $- $- $471.40M $-581.50M $-578.50M
Deferred Tax Liabilities Non-Current $586.60M $703.70M $680.10M $581.50M $578.50M
Other Non-Current Liabilities $6.00B $1.27B $1.51B $1.67B $2.04B
Total Non-Current Liabilities $6.59B $6.32B $6.29B $7.30B $7.39B
Other Liabilities $-236.10M $- $- $- $-
Total Liabilities $12.66B $12.37B $11.98B $11.79B $11.73B
Preferred Stock $- $- $- $- $-
Common Stock $249.00M $251.70M $253.30M $259.70M $263.30M
Retained Earnings $9.79B $9.13B $8.32B $8.35B $8.50B
Accumulated Other Comprehensive Income Loss $-864.10M $-670.80M $-766.20M $-637.60M $-631.50M
Other Total Stockholders Equity $-1.72B $-1.72B $-1.70B $-1.72B $-1.72B
Total Stockholders Equity $7.46B $7.00B $6.11B $6.27B $6.43B
Total Equity $7.49B $7.02B $6.12B $6.29B $6.45B
Total Liabilities and Stockholders Equity $20.15B $19.39B $18.08B $18.06B $18.16B
Minority Interest $29.50M $21.80M $16.60M $17.20M $19.40M
Total Liabilities and Total Equity $20.15B $19.39B $18.08B $18.06B $18.16B
Total Investments $- $- $239.60M $-581.50M $-578.50M
Total Debt $4.00B $4.78B $4.84B $4.84B $5.27B
Net Debt $4.00B $3.68B $3.62B $2.68B $1.98B


Balance Sheet Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Cash and Cash Equivalents $1.59B $1.47B $874.60M $849.90M $1.10B $960.00M $663.60M $692.90M $1.22B $1.08B $1.09B $1.35B $2.16B $2.74B $2.91B $2.84B $3.29B $3.19B $2.37B $2.65B
Short Term Investments $- $457.60M $451.20M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Cash and Short Term Investments $1.59B $1.93B $1.33B $849.90M $1.10B $960.00M $663.60M $692.90M $1.22B $1.08B $1.09B $1.35B $2.16B $2.74B $2.91B $2.84B $3.29B $3.19B $2.37B $2.65B
Net Receivables $3.09B $3.39B $3.93B $3.41B $3.42B $3.14B $3.20B $2.61B $2.78B $2.87B $2.76B $2.43B $2.43B $2.43B $2.53B $2.16B $2.20B $2.31B $2.32B $2.09B
Inventory $1.97B $2.03B $2.20B $2.38B $2.15B $2.19B $2.36B $2.34B $1.99B $1.95B $1.89B $1.87B $1.53B $1.48B $1.39B $1.37B $1.19B $1.23B $1.35B $1.46B
Other Current Assets $686.00M $745.30M $259.40M $249.40M $207.30M $432.60M $455.80M $432.20M $384.80M $402.30M $389.90M $380.00M $351.50M $337.50M $294.30M $251.60M $224.40M $241.60M $308.50M $356.60M
Total Current Assets $7.34B $8.10B $7.71B $6.89B $6.87B $6.73B $6.67B $6.07B $6.38B $6.30B $6.13B $6.03B $6.47B $6.99B $7.13B $6.62B $6.91B $6.97B $6.34B $6.56B
Property Plant Equipment Net $2.02B $1.91B $1.83B $1.79B $1.77B $1.68B $1.65B $1.58B $1.54B $1.43B $1.43B $1.42B $1.40B $1.34B $1.32B $1.33B $1.35B $1.31B $1.31B $1.33B
Goodwill $6.13B $6.21B $6.06B $6.06B $6.10B $5.72B $5.75B $5.52B $5.50B $5.37B $5.46B $5.50B $5.50B $5.31B $5.33B $5.31B $5.34B $5.14B $5.09B $5.08B
Intangible Assets $3.31B $3.36B $3.35B $3.39B $3.44B $3.34B $3.39B $3.23B $3.26B $3.24B $3.28B $3.27B $3.31B $3.20B $3.23B $3.26B $3.29B $3.23B $3.26B $3.29B
Goodwill and Intangible Assets $9.44B $9.58B $9.41B $9.45B $9.54B $9.06B $9.14B $8.75B $8.77B $8.61B $8.74B $8.77B $8.81B $8.51B $8.56B $8.57B $8.63B $8.38B $8.35B $8.37B
Long Term Investments $- $- $492.00M $465.40M $- $-696.10M $-693.60M $238.90M $239.60M $193.60M $184.60M $-586.70M $-581.50M $-598.90M $-594.10M $-563.00M $-578.50M $-635.50M $-580.80M $-561.20M
Tax Assets $- $678.30M $695.30M $677.90M $- $696.10M $693.60M $636.30M $680.10M $639.10M $616.50M $586.70M $581.50M $598.90M $594.10M $563.00M $578.50M $635.50M $580.80M $561.20M
Other Non-Current Assets $1.35B $640.20M $60.80M $71.80M $1.21B $1.44B $1.44B $611.10M $478.90M $564.50M $589.50M $1.42B $1.38B $1.37B $1.36B $1.31B $1.27B $1.27B $1.22B $1.38B
Total Non-Current Assets $12.81B $12.80B $12.49B $12.45B $12.52B $12.18B $12.23B $11.82B $11.70B $11.44B $11.56B $11.61B $11.59B $11.21B $11.24B $11.20B $11.25B $10.97B $10.88B $11.08B
Other Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $20.15B $20.90B $20.20B $19.34B $19.39B $18.90B $18.91B $17.90B $18.08B $17.74B $17.68B $17.64B $18.06B $18.20B $18.37B $17.82B $18.16B $17.94B $17.22B $17.64B
Account Payables $2.15B $2.19B $2.18B $2.01B $2.03B $2.09B $2.18B $1.96B $2.09B $2.06B $2.00B $1.93B $1.79B $1.76B $1.83B $1.61B $1.52B $1.46B $1.37B $1.45B
Short Term Debt $452.20M $952.20M $952.00M $902.10M $957.30M $348.30M $550.20M $348.30M $1.20B $1.05B $1.05B $350.40M $497.70M $350.40M $475.40M $475.40M $914.40M $919.10M $792.50M $1.09B
Tax Payables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $- $1.37B $1.32B $1.37B $1.30B $1.16B $1.14B $1.10B $1.01B $639.10M $616.50M $861.40M $-270.00M $- $- $- $- $- $- $-
Other Current Liabilities $3.47B $2.11B $3.46B $3.19B $3.07B $2.77B $2.87B $2.52B $2.39B $2.43B $2.58B $2.31B $2.47B $2.21B $2.20B $2.09B $1.90B $1.79B $1.67B $1.70B
Total Current Liabilities $6.07B $6.63B $6.59B $6.10B $6.05B $5.21B $5.59B $4.83B $5.69B $5.55B $5.63B $4.59B $4.48B $4.31B $4.51B $4.17B $4.34B $4.17B $3.83B $4.24B
Long Term Debt $4.32B $4.32B $4.32B $3.98B $4.35B $4.48B $4.48B $4.48B $4.10B $3.79B $3.79B $4.49B $4.79B $4.49B $4.49B $4.50B $4.77B $4.80B $4.92B $4.94B
Deferred Revenue Non-Current $- $285.60M $277.00M $256.20M $596.90M $-696.10M $-693.60M $1.10B $471.40M $919.80M $887.40M $455.30M $-581.50M $977.10M $1.00B $1.01B $-578.50M $-635.50M $1.01B $1.01B
Deferred Tax Liabilities Non-Current $- $678.30M $695.30M $677.90M $703.70M $696.10M $693.60M $636.30M $680.10M $639.10M $616.50M $586.70M $581.50M $598.90M $594.10M $563.00M $578.50M $635.50M $580.80M $561.20M
Other Non-Current Liabilities $- $1.38B $1.63B $1.67B $1.27B $1.82B $1.87B $1.89B $1.51B $1.90B $1.91B $1.95B $1.67B $2.31B $2.30B $2.28B $2.04B $1.96B $1.93B $2.10B
Total Non-Current Liabilities $4.32B $6.66B $6.64B $6.33B $6.32B $6.99B $7.04B $7.01B $6.29B $6.33B $6.31B $7.03B $7.30B $7.40B $7.38B $7.34B $7.39B $7.39B $7.43B $7.61B
Other Liabilities $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $10.39B $13.29B $13.23B $12.43B $12.37B $12.20B $12.63B $11.84B $11.98B $11.87B $11.94B $11.62B $11.79B $11.71B $11.90B $11.51B $11.73B $11.56B $11.26B $11.85B
Preferred Stock $- $- $- $- $- $- $18.40M $1 $- $- $- $- $17.20M $- $- $- $19.40M $14.30M $- $-
Common Stock $- $249.70M $250.40M $251.20M $251.70M $252.30M $252.80M $252.50M $253.30M $254.80M $256.20M $258.30M $259.70M $262.00M $262.70M $263.60M $263.30M $264.50M $263.80M $263.70M
Retained Earnings $- $9.70B $9.19B $9.10B $9.13B $8.97B $8.45B $8.20B $8.32B $8.32B $8.00B $8.10B $8.35B $8.63B $8.57B $8.45B $8.50B $8.49B $8.22B $8.13B
Accumulated Other Comprehensive Income Loss $- $-636.40M $-778.40M $-746.30M $-670.80M $-822.00M $-743.40M $-699.30M $-766.20M $-997.50M $-829.10M $-639.00M $-637.60M $-709.20M $-652.20M $-699.80M $-631.50M $-761.00M $-876.10M $-926.00M
Other Total Stockholders Equity $9.76B $-1.72B $-1.72B $-1.72B $-1.72B $-1.72B $-1.70B $-1.72B $-1.72B $-1.72B $-1.71B $-1.72B $-1.72B $-1.70B $-1.72B $-1.72B $-1.72B $-1.63B $-1.67B $-1.69B
Total Stockholders Equity $9.76B $7.59B $6.95B $6.89B $7.00B $6.70B $6.28B $6.05B $6.11B $5.86B $5.74B $6.00B $6.27B $6.48B $6.46B $6.30B $6.43B $6.38B $5.94B $5.77B
Total Equity $9.76B $7.61B $6.97B $6.91B $7.02B $6.72B $6.30B $6.07B $6.12B $5.87B $5.76B $6.02B $6.29B $6.49B $6.47B $6.31B $6.45B $6.40B $5.96B $5.79B
Total Liabilities and Stockholders Equity $20.15B $20.90B $20.20B $19.34B $19.39B $18.90B $18.91B $17.90B $18.08B $17.74B $17.68B $17.64B $18.06B $18.20B $18.37B $17.82B $18.16B $17.94B $17.22B $17.64B
Minority Interest $- $22.80M $20.30M $21.10M $21.80M $18.60M $18.40M $18.20M $16.60M $10.10M $15.80M $17.90M $17.20M $12.60M $15.40M $16.10M $19.40M $14.30M $22.60M $17.20M
Total Liabilities and Total Equity $20.15B $20.90B $20.20B $19.34B $19.39B $18.90B $18.91B $17.90B $18.08B $17.74B $17.68B $17.64B $18.06B $18.20B $18.37B $17.82B $18.16B $17.94B $17.22B $17.64B
Total Investments $- $457.60M $943.20M $465.40M $- $-696.10M $-693.60M $238.90M $239.60M $193.60M $184.60M $-586.70M $-581.50M $-598.90M $-594.10M $-563.00M $-578.50M $-635.50M $-580.80M $-561.20M
Total Debt $4.77B $5.27B $5.27B $4.88B $4.78B $4.82B $5.03B $4.83B $4.84B $4.84B $4.84B $4.84B $4.84B $4.84B $4.97B $4.97B $5.27B $5.27B $5.27B $5.57B
Net Debt $3.18B $3.80B $4.39B $4.03B $3.68B $3.86B $4.36B $4.14B $3.62B $3.76B $3.75B $3.49B $2.68B $2.10B $2.05B $2.13B $1.98B $2.08B $2.90B $2.93B

Annual Cash Flow

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $2.59B $2.07B $1.80B $1.46B $991.40M
Depreciation and Amortization $379.40M $348.10M $323.60M $299.40M $294.30M
Deferred Income Tax $- $- $- $-56.80M $-520.60M
Stock Based Compensation $82.90M $67.10M $56.30M $66.50M $69.50M
Change in Working Capital $- $-72.80M $-421.10M $-162.20M $480.50M
Accounts Receivables $- $- $-345.40M $-265.40M $5.90M
Inventory $162.50M $- $-466.70M $-348.80M $109.00M
Accounts Payables $100.90M $-125.30M $317.90M $275.30M $75.80M
Other Working Capital $- $52.50M $73.10M $176.70M $289.80M
Other Non Cash Items $125.90M $-21.70M $-251.00M $-15.80M $119.90M
Net Cash Provided by Operating Activities $3.18B $2.39B $1.50B $1.59B $1.44B
Investments in Property Plant and Equipment $-370.60M $-300.70M $-291.80M $-223.00M $-146.20M
Acquisitions Net $-180.30M $-862.80M $-234.70M $-269.20M $-192.30M
Purchases of Investments $-450.00M $- $- $- $-
Sales Maturities of Investments $- $- $- $- $-
Other Investing Activities $438.00M $-8.70M $-13.90M $-53.50M $-37.70M
Net Cash Used for Investing Activities $-562.90M $-1.17B $-540.40M $-545.70M $-376.20M
Debt Repayment $-9.00M $-57.30M $-9.60M $-432.50M $-307.50M
Common Stock Issued $- $- $- $- $-
Common Stock Repurchased $-1.28B $-669.30M $-1.20B $-1.10B $-250.00M
Dividends Paid $-757.50M $-683.70M $-620.20M $-561.10M $-507.30M
Other Financing Activities $26.70M $60.00M $-22.20M $-33.70M $1.95B
Net Cash Used Provided by Financing Activities $-2.02B $-1.35B $-1.85B $-2.13B $884.30M
Effect of Forex Changes on Cash $-67.30M $7.70M $-50.10M $-45.70M $68.20M
Net Change in Cash $494.80M $-125.20M $-938.70M $-1.13B $2.01B
Cash at End of Period $1.59B $1.10B $1.22B $2.16B $3.29B
Cash at Beginning of Period $1.10B $1.22B $2.16B $3.29B $1.28B
Operating Cash Flow $3.18B $2.39B $1.50B $1.59B $1.44B
Capital Expenditure $-370.60M $-300.70M $-291.80M $-223.00M $-146.20M
Free Cash Flow $2.81B $2.09B $1.21B $1.37B $1.29B

Cash Flow Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Net Income $615.30M $786.90M $762.20M $441.70M $516.60M $638.90M $596.80M $316.60M $465.50M $552.40M $523.50M $263.40M $341.70M $408.70M $469.00M $237.80M $250.20M $404.60M $242.10M $-25.90M
Depreciation and Amortization $96.70M $95.00M $96.20M $91.50M $87.90M $92.00M $88.40M $79.80M $82.60M $83.90M $79.80M $77.30M $76.40M $72.20M $74.80M $76.00M $70.60M $74.50M $74.20M $75.00M
Deferred Income Tax $- $- $- $- $2.20M $-13.40M $-16.10M $- $- $- $- $- $-95.80M $11.00M $13.40M $14.60M $-6.40M $-9.30M $-84.70M $-181.20M
Stock Based Compensation $19.30M $20.30M $23.50M $19.80M $10.40M $13.40M $16.10M $24.40M $10.30M $10.70M $13.90M $21.40M $14.30M $12.70M $14.80M $24.70M $12.00M $12.00M $16.50M $29.00M
Change in Working Capital $309.00M $428.80M $-167.31M $-329.60M $340.00M $265.10M $-153.90M $-379.60M $288.90M $-149.60M $-156.00M $-370.30M $96.70M $-91.70M $-62.60M $-104.60M $312.50M $426.80M $-81.60M $-295.80M
Accounts Receivables $- $- $- $- $-110.10M $- $- $- $-345.40M $- $- $- $-265.40M $- $- $- $5.90M $- $- $-
Inventory $- $- $- $- $-96.40M $- $-2.60M $- $-466.70M $- $- $- $-348.80M $- $- $- $109.00M $- $- $-
Accounts Payables $- $- $- $- $-125.30M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Working Capital $309.00M $428.80M $-169.30M $-329.60M $671.80M $265.10M $2.60M $-379.60M $1.10B $-149.60M $-156.00M $-370.30M $354.70M $-91.70M $-62.60M $-104.60M $103.60M $426.80M $-81.60M $-295.80M
Other Non Cash Items $-140.40M $-28.40M $193.44M $226.60M $-22.30M $-73.70M $-7.30M $-32.70M $-87.00M $12.80M $-39.50M $-180.00M $-6.20M $-2.30M $-18.90M $11.60M $-12.00M $21.90M $38.70M $71.30M
Net Cash Provided by Operating Activities $899.90M $1.30B $692.13M $247.20M $934.80M $922.30M $524.00M $8.50M $760.30M $510.20M $421.70M $-188.20M $427.10M $410.60M $490.50M $260.10M $626.90M $930.50M $205.20M $-327.60M
Investments in Property Plant and Equipment $-125.60M $-88.30M $-72.27M $-83.80M $-83.50M $-83.20M $-56.90M $-77.10M $-89.00M $-58.90M $-69.10M $-74.80M $-101.40M $-44.10M $-33.60M $-43.90M $-57.10M $-29.50M $-24.90M $-34.70M
Acquisitions Net $-700.00K $-174.40M $-5.18M $- $-352.60M $-4.00M $-509.83M $- $-125.10M $3.52M $-110.00M $400.00K $-251.20M $-5.20M $-6.02K $-12.80M $-180.30M $- $-14.30M $1.00M
Purchases of Investments $- $- $-448.20M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Investing Activities $450.00M $2.70M $-16.74M $2.10M $-9.05M $-1.90M $10.73M $-13.90M $-500.00K $-11.72M $3.70M $-8.90M $15.70M $2.60M $-14.80M $-57.00M $-100.00K $-500.00K $-29.10M $-6.80M
Net Cash Used for Investing Activities $323.70M $-260.00M $-542.40M $-81.70M $-436.10M $-89.10M $-556.00M $-91.00M $-214.60M $-67.10M $-175.40M $-83.30M $-336.90M $-46.70M $-48.40M $-113.70M $-237.40M $-30.00M $-68.30M $-40.50M
Debt Repayment $-500.00M $- $391.10M $99.90M $-45.70M $-201.10M $190.40M $-900.00K $-2.10M $- $-7.50M $- $- $-125.00M $-7.50M $-300.00M $- $- $-307.50M $-
Common Stock Issued $- $- $- $- $- $- $2.15M $- $- $- $- $- $- $- $- $- $- $- $- $-
Common Stock Repurchased $-354.70M $-301.70M $-324.10M $-300.30M $-209.50M $-159.80M $-2.15M $-300.00M $-300.10M $-250.00M $-300.10M $-350.00M $-500.10M $-246.00M $-250.00M $-104.20M $-250.00M $- $- $-
Dividends Paid $-188.70M $-189.40M $-188.38M $-189.50M $-163.65M $-172.60M $-173.55M $-170.30M $-161.94M $-137.09M $-155.00M $-155.90M $-139.20M $-140.30M $-141.40M $-140.20M $-127.00M $-127.00M $-127.40M $-125.90M
Other Financing Activities $13.00M $5.20M $5.30M $3.20M $27.70M $16.80M $3.50M $12.00M $16.20M $-5.30M $-4.40M $-28.70M $-23.30M $-16.10M $16.20M $-10.50M $30.40M $23.30M $100.00K $1.90B
Net Cash Used Provided by Financing Activities $-1.03B $-485.90M $-115.58M $-386.70M $-398.20M $-515.70M $22.80M $-459.20M $-439.20M $-411.40M $-467.00M $-534.60M $-662.60M $-527.40M $-382.70M $-554.90M $-346.60M $-103.70M $-434.80M $1.77B
Effect of Forex Changes on Cash $-73.10M $38.70M $-8.70M $-24.20M $34.80M $-21.10M $-20.10M $14.10M $33.80M $-41.70M $-37.50M $-4.70M $-7.20M $-10.10M $15.00M $-43.40M $56.90M $26.50M $17.00M $-32.20M
Net Change in Cash $120.10M $595.40M $24.70M $-245.40M $135.30M $296.40M $-29.30M $-527.60M $140.30M $-10.00M $-258.20M $-810.80M $-579.60M $-173.60M $74.40M $-451.90M $99.80M $823.30M $-280.90M $1.37B
Cash at End of Period $1.59B $1.47B $874.60M $849.90M $1.10B $960.00M $663.60M $692.90M $1.22B $1.08B $1.09B $1.35B $2.16B $2.74B $2.91B $2.84B $3.29B $3.19B $2.37B $2.65B
Cash at Beginning of Period $1.47B $874.60M $849.90M $1.10B $960.00M $663.60M $692.90M $1.22B $1.08B $1.09B $1.35B $2.16B $2.74B $2.91B $2.84B $3.29B $3.19B $2.37B $2.65B $1.28B
Operating Cash Flow $899.90M $1.30B $692.13M $247.20M $934.80M $922.30M $524.00M $8.50M $760.30M $510.20M $421.70M $-188.20M $427.10M $410.60M $490.50M $260.10M $626.90M $930.50M $205.20M $-327.60M
Capital Expenditure $-125.60M $-88.93M $-72.27M $-83.80M $-83.50M $-83.20M $-56.90M $-77.10M $-89.00M $-58.90M $-69.10M $-74.80M $-101.40M $-44.10M $-33.60M $-43.90M $-57.10M $-29.50M $-24.90M $-34.70M
Free Cash Flow $774.30M $1.21B $619.86M $163.40M $851.30M $839.10M $467.10M $-68.60M $671.30M $451.30M $352.60M $-263.00M $325.70M $366.50M $456.90M $216.20M $569.80M $901.00M $180.30M $-362.30M

Trane Technologies plc Dividends

Explore Trane Technologies plc's dividend history, including dividend yield, payout ratio, and historical payments.

Dividend Yield

0.91%

Dividend Payout Ratio

21642.86%

Dividend Paid & Capex Coverage Ratio

2.82x

Trane Technologies plc Dividend History

Dividend Adjusted Dividend Date Record Date Payment Date Declaration Date
$0.94 $0.94 March 07, 2025 March 07, 2025 March 31, 2025 February 05, 2025
$0.84 $0.84 December 06, 2024 December 06, 2024 December 31, 2024 October 09, 2024
$0.84 $0.84 September 06, 2024 September 06, 2024 September 30, 2024 June 07, 2024
$0.84 $0.84 June 07, 2024 June 07, 2024 June 28, 2024 April 04, 2024
$0.84 $0.84 February 29, 2024 March 01, 2024 March 29, 2024 February 07, 2024
$0.75 $0.75 November 30, 2023 December 01, 2023 December 29, 2023 October 04, 2023
$0.75 $0.75 August 31, 2023 September 01, 2023 September 29, 2023 June 02, 2023
$0.75 $0.75 June 01, 2023 June 02, 2023 June 30, 2023 April 06, 2023
$0.75 $0.75 March 02, 2023 March 03, 2023 March 31, 2023 February 09, 2023
$0.67 $0.67 December 01, 2022 December 02, 2022 December 30, 2022 October 12, 2022
$0.67 $0.67 September 01, 2022 September 02, 2022 September 30, 2022 June 02, 2022
$0.67 $0.67 June 02, 2022 June 03, 2022 June 30, 2022 April 08, 2022
$0.67 $0.67 March 03, 2022 March 04, 2022 March 31, 2022 February 03, 2022
$0.59 $0.59 December 02, 2021 December 03, 2021 December 31, 2021 October 06, 2021
$0.59 $0.59 September 02, 2021 September 03, 2021 September 30, 2021 June 03, 2021
$0.59 $0.59 June 03, 2021 June 04, 2021 June 30, 2021 April 08, 2021
$0.59 $0.59 March 04, 2021 March 05, 2021 March 31, 2021 February 04, 2021
$0.53 $0.53 December 03, 2020 December 04, 2020 December 31, 2020 October 08, 2020
$0.53 $0.53 September 03, 2020 September 04, 2020 September 30, 2020 June 05, 2020
$0.53 $0.53 June 04, 2020 June 05, 2020 June 30, 2020 April 10, 2020

Trane Technologies plc News

Read the latest news about Trane Technologies plc, including recent articles, headlines, and updates.

Geotab and Thermo King Collaborate to Preserve Perishables

Bringing world-class cold-chain technology to fleets NASHVILLE, Tenn. , March 13, 2025 /PRNewswire/ - Geotab Inc. and its affiliates ("Geotab"), a global leader in connected vehicle and asset solutions, today announced a collaboration with Thermo King , a leader in sustainable transport temperature control solutions and a strategic brand of global climate innovator Trane Technologies (NYSE: TT).

News image

Trane Technologies (TT) Falls More Steeply Than Broader Market: What Investors Need to Know

In the most recent trading session, Trane Technologies (TT) closed at $333.96, indicating a -1.3% shift from the previous trading day.

News image

Ethisphere Recognizes Trane Technologies as One of the World's Most Ethical Companies®

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been named to Ethisphere's 2025 World's Most Ethical Companies® list for the second consecutive year. The annual assessment is grounded in Ethisphere's proprietary Ethics Quotient®, which requires companies to provide over 240 different proof points on practices that support robust ethics and compliance; governance; a culture of ethics; environmental and social impact; and initiatives that support a.

News image

Trane Technologies Stock Rises 21% in a Year: Here's How

TT stock is benefiting from the company's consecutive better-than-expected performance and shareholder-friendly moves.

News image

Trane Technologies (TT) Surpasses Market Returns: Some Facts Worth Knowing

Trane Technologies (TT) closed at $348.65 in the latest trading session, marking a +1.59% move from the prior day.

News image

Kian Capital's Team Air Accelerates Expansion, Wins Pinnacle Performance Award for Eighth Time

CHARLOTTE, N.C.--(BUSINESS WIRE)--Kian Capital-backed Team Air Distributing (“Team Air”), a leading wholesale distributor providing OEM-branded HVAC equipment, parts and supplies to residential and commercial contractors, is proud to announce landmark expansion across key markets and its eighth Pinnacle Performance Award. The Pinnacle Award is provided by Team Air's partner Trane Technologies (NYSE: TT), honoring American Standard partners for high performance in five crucial operating metrics.

News image

After Microsoft, these two stocks could be the next to form a death cross

Microsoft formed a “death cross” – a bearish chart pattern this week that's broadly seen as a sign of a continued decline ahead. A death cross is when a stock's 50-day MA slides below its 200-day MA.

News image

Trane Technologies to Present at the J.P. Morgan Industrials Conference

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT), a global climate innovator, today announced that company leadership will participate in a fireside chat at the J.P. Morgan Industrials Conference. They will speak at 10:30 a.m. EST on Tuesday, March 11, 2025. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available for 30 days following the event. About T.

News image

Trane Technologies to Present at the Citi Global Industrial Tech and Mobility Conference

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, today announced that company leadership will participate in a fireside chat at the Citi Global Industrial Tech and Mobility Conference. They will speak at 10:30 a.m. EST on Tuesday, February 18, 2025. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available for 30 days following.

News image

Trane Technologies to Present at the Barclays Industrial Select Conference

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, today announced that company leadership will participate in a fireside chat at the Barclays Industrial Select Conference. They will speak at 9:50 a.m. EST on Wednesday, February 19, 2025. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available for 30 days following the event. A.

News image

Matthew Pine, President and Chief Executive Officer of Xylem, Joins Trane Technologies Board of Directors

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, announced the appointment of Matthew Pine, president and CEO, Xylem Inc. (NYSE: XYL), to its Board of Directors, effective April 1, 2025. “Matthew will be a strong addition to our Board of Directors given his global leadership experience and proven track record of transformation in large industrial companies,” said Dave Regnery, chair and CEO of Trane Technologies. “His passion for sustainability, innov.

News image

Trane Technologies Increases Dividend by 12%, Declares Quarterly Dividend

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, announced the Board of Directors has approved a 12% increase to the dividend, resulting in a quarterly dividend of $0.94 per ordinary share, or $3.76 per share annualized. The dividend is payable March 31, 2025, to shareholders of record on March 7, 2025. “Our focused sustainability strategy, proven business operating system and relentless investment in growth and innovation enables us to consistentl.

News image

Trane Technologies Achieves Top 10 Ranking in the 2025 JUST 100

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been named to the JUST 100, ranking 6th overall. The annual list, led by JUST Capital and published in partnership with CNBC, recognizes America's largest public companies that are doing right by workers, customers, communities, shareholders and the environment. "We are honored to be recognized by JUST Capital as a global leader in sustainability, delivering value to stakeholders including customers,.

News image

Industrial Stocks Are About to Break Out. Trane Technologies, Union Pacific, and 3 Others to Own.

Industrial stocks are nearing their November highs, and have more room to run.

News image

Trane Technologies plc (TT) Q4 2024 Earnings Call Transcript

Trane Technologies plc (NYSE:TT ) Q4 2024 Earnings Conference Call January 30, 2025 10:00 AM ET Company Participants Zac Nagle - Vice President, Investor Relations Dave Regnery - Chair and Chief Executive Officer Chris Kuehn - Executive Vice President and Chief Financial Officer Conference Call Participants Chris Snyder - Morgan Stanley Julian Mitchell - Barclays Andy Kaplowitz - Citi Amit Mehrotra - UBS Scott Davis - Melius Research Joe Ritchie - Goldman Sachs Steve Tusa - JPMorgan Jeffrey Sprague - Vertical Research Nigel Coe - Wolfe Research Deane Dray - RBC Capital Markets Tommy Moll - Stephens Operator Good morning, and welcome to the Trane Technologies Fourth Quarter 2024 Earnings Conference Call. My name is Regina, and I will be your operator for the call.

News image

Trane Technologies Q4 Earnings & Revenues Beat Estimates, Rise Y/Y

TT's fourth-quarter 2024 earnings and revenues increase year over year.

News image

Compared to Estimates, Trane Technologies (TT) Q4 Earnings: A Look at Key Metrics

The headline numbers for Trane Technologies (TT) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

News image

Trane Technologies (TT) Beats Q4 Earnings and Revenue Estimates

Trane Technologies (TT) came out with quarterly earnings of $2.61 per share, beating the Zacks Consensus Estimate of $2.54 per share. This compares to earnings of $2.17 per share a year ago.

News image

Trane Technologies Reports Strong Fourth-Quarter and Full-Year 2024 Results; Robust Bookings and Backlog Provide Strong Visibility Entering 2025

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $2.67 for the fourth quarter of 2024. Adjusted continuing EPS was $2.61, up 20 percent. Fourth-Quarter 2024 Results Financial Comparisons - Fourth-Quarter Continuing Operations $, millions except EPS Q4 2024 Q4 2023 Y-O-Y Change Organic Y-O-Y Change Bookings $4,659 $4,534 3% 2% Net Revenues $4,874 $4,424 10% 10% GAAP Operat.

News image

Fortune Names Trane Technologies to World's Most Admired Companies List for Thirteenth Consecutive Year

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been named to Fortune's World's Most Admired Companies list for the thirteenth consecutive year. The annual ranking, created by Fortune in collaboration with Korn Ferry, is widely recognized as the definitive assessment of corporate reputation. The companies featured are the most esteemed in their industries and are evaluated across nine criteria including investment value, management quality, produc.

News image

Trane Technologies (TT) is a Top-Ranked Growth Stock: Should You Buy?

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

News image

Trane Technologies (TT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Trane Technologies (TT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News image

Trane Technologies Named to Corporate Knights' 2025 Global 100

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been recognized in Corporate Knights' 2025 Global 100 ranking. This is the third time Trane Technologies has been featured on this annual list, which recognizes leading companies for their investments in green solutions such as renewable energy, energy efficiency and the circular economy. "It's an incredible honor to be recognized in Corporate Knights' 2025 Global 100 ranking," said Mauro Atalla, Sen.

News image

Looking for Stocks with Positive Earnings Momentum? Check Out These 2 Construction Names

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

News image

Chillers Market Global Outlook 2025-2029, with Profiles of Daikin, Trane Technologies, Carrier, Smardt Chiller, Drake Refrigeration, PolyScience, LG Electronics, Dimplex Thermal Solutions and Thermax

Dublin, Jan. 15, 2025 (GLOBE NEWSWIRE) -- The "Chillers Market by Type, Medium, Capacity, End-Use Industry - Global Forecast to 2029" report has been added to ResearchAndMarkets.com's offering. The chillers market is projected to reach USD 15.42 billion by 2029, at a CAGR of 5.0% from USD 12.08 billion in 2024. The market for chillers is propelled by the growing industrialization, urbanization along with immediate need of efficient energy usage systems. An upsurge in construction activities worldwide, especially in the developing world, is increasing the use of chillers for managing indoor environmental quality in business buildings and houses. Growing concerns towards energy efficiency have motivated the advances including green refrigerants and enhanced compressors. Business sectors that require temperature control use chillers, including pharmaceutical, food & beverages,and data centers. Moreover, climate change, government regulations for energy efficacious, and enhancement of intelligent infrastructure investments across Asia-Pacific and Middle East, as well as IoT-era smart cooling technologies are creating demand for this system. Based on medium, air-cooled accounted to be the second largest market during the forecast period, in terms of value. Air-cooled chillers are the second-largest segment in the chillers market, because of their multiple application, low cost and simply installation. Although compared to water-cooled chillers, they do not need a cooling tower and complex water circulation systems, they are particularly suitable for places where water availability is restricted or water rationing is practiced. These are popular with industries and commercial facilities that require efficient and low cost cooling systems with little demand for maintenance. These chillers can especially be used in climates that are moderate and do not need extra equipment to support chillers. Technological enhancements of air-cooled chillers due to higher regards to energy and sustainability include variation in compressor speed, use of environment-friendly refrigerants, and enhanced control systems that enhance the use of air-cooled chillers. Demand for air-cooled chillers is mainly driven by data centers, healthcare, manufacturing industries where the control of temperature is very important. Moreover, expansion in the intra-urban infrastructure and mainly the accession of advanced developing countries to industrialization have made them popular in business and residential complexes. Trends such as government's push for the enhancement of energy-efficient cooling systems and a rising infrastructure expenditure also have a positive impact on the market for chillers cementing the second biggest segment in the chillers market. Based on type, scroll chillers projected second largest market during the forecast period, in terms of value. Scroll chillers comprise the second largest market segment in chillers due to their high efficiency, compactness and versatility of operation. Such chillers incorporate scroll compressor which are reputed to have very high reliability and operational efficiency with low maintenance requirements. Owing to its design, the company's products are easy to install due to their small size and weight and are suitable for small to mid-sized commercial and industrial applications such as business offices, shops and small scale manufacturing factories. Moreover, the noise level of scroll chillers is low, thus recommendable for installations that cause excessive noise. Another factor that has lead to their use is energy efficiency. Some common technologies of scroll chillers are variable-speed drives, by which the operating costs are decreased according to requirements. Because of this, their size is flexible which means users can simply add more of them as demand for cooling increases. Also, the raise in concern with sustainable chemical and ecological aspects to reduce green effects of refrigerants has stimulated the growth of scroll chillers as many of them conform to other regulatory measures concerning environmental protection. They are cheap to acquire and offer users notably excellent performance due to their positioning in price- performance matrix. Based on capacity, 300-700 kW is the fastest growing market during the forecast period, in terms of value. The market growth in chillers is witnessed most in the segment of 300-700 kW due to their efficiency, adaptability, and suitability for mid-sized applications. The applications of this chillers include commercial buildings, hospitals, hotels, and industries, which typically require a moderate cooling capacity. Increasing urbanization brings in more and more smart city developments along with mixed-use projects, increasing the demand for compact and efficient cooling solutions. The 300-700 kW chillers serve this purpose by providing a balance between performance and space optimization. Energy efficiency regulations and sustainability goals also contribute to the growth of this segment. This type of chiller generally comprises advanced technologies like variable speed drives and intelligent controls to minimize energy consumption and running cost. They also offer suitability towards renewable sources and environmentally friendly refrigerants as well as conform to world trends of sustainability. Urbanization further drives up demand for district cooling systems, which these chillers easily fit into. Their ability to scale up makes them popular choices for expansion of facilities. Ability to meet varied cooling needs under high energy standards makes 300-700 kW chillers an essential part of the evolution of the HVAC market, propelling it rapidly across the globe. Based on end-use industry, food & beverages is the fastest growing market during the forecast period, in terms of value. The food & beverages industry projected fastest growth-inducing segment in the chillers market since they highly need to use the products under temperature control to ascertain safety, shelf life, and the quality of the product. Chilling is a very integral part of food & beverages productions. It is used as cooling during manufacturing, storing, and transporting. Increasing consumer demand for processed, frozen, and ready-to-eat foods in urban regions is raising the usage of high-tech chilling technologies. Also, regulatory standards for food safety and hygiene are very stringent; manufacturers want to invest in efficient and reliable cooling systems. Expansion of the cold chain logistics sector across the globe is increasing the demand for chillers. The export of perishable items such as dairy, meat, and seafood by food producers has made the control of precise temperature critical. In addition, growing demand for craft beverages and premium products, such as specialty wines and beers, mandates customized chilling solutions to ensure taste and quality. Asian-Pacific and Latin America's emerging markets, which are rapidly urbanizing and witnessing changes in diet, have been major contributors to growth. The innovation of energy-efficient and eco-friendly chillers is in tune with the industry's objective of cost-effective operation and less environmental impact, thus making this product more readily adopted within the food & beverages industry.

News image

Will Trane Technologies (TT) Beat Estimates Again in Its Next Earnings Report?

Trane Technologies (TT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

News image

Trane Technologies: A Profitable Growth Stock For Green Investors

Trane Technologies is a profitable growth stock with a strong commitment to sustainability. Analysts expect double-digit earnings increases through 2026 and this analyst has a one-year price target of $450.00. The company's Q3-2024 results beat estimates, with revenue and earnings growth, a growing backlog, and a robust capital allocation strategy, including dividends and share buybacks.

News image

Trane Technologies Schedules Fourth Quarter 2024 Earnings Conference Call

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, will host a conference call to discuss its fourth quarter 2024 financial results on Thursday, January 30, 2025, at 10 a.m. ET. The company will issue its fourth quarter earnings release and earnings presentation in advance of the call; both will be available on the Trane Technologies website. A real-time, listen-only webcast of the conference call will be broadcast live over the internet. Individuals.

News image

Here's Why Trane Technologies (TT) is a Strong Growth Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

News image

Trane Technologies Completes Acquisition of BrainBox AI

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, announced that it has completed the acquisition of BrainBox AI, a pioneer in autonomous HVAC controls and generative Artificial Intelligence (AI) building technology. The acquisition was previously announced in a press release on December 18, 2024. BrainBox AI uses advanced deep learning algorithms to predict building energy needs and automate HVAC systems, thus reducing energy consumption by up to 25%.

News image

Similar Companies

A
The AZEK Company Inc.

AZEK

Price: $41.39

Market Cap: $5.95B

B
Builders FirstSource, Inc.

BLDR

Price: $126.46

Market Cap: $14.37B

C
Carrier Global Corporation

CARR

Price: $66.17

Market Cap: $57.17B

C
Carlisle Companies Incorporated

CSL

Price: $336.29

Market Cap: $14.85B

F
Fortune Brands Innovations, Inc.

FBIN

Price: $62.41

Market Cap: $7.65B

J
Johnson Controls International plc

JCI

Price: $82.73

Market Cap: $54.61B

J
JELD-WEN Holding, Inc.

JELD

Price: $5.95

Market Cap: $507.93M

L
Lennox International Inc.

LII

Price: $569.55

Market Cap: $20.26B

M
Masco Corporation

MAS

Price: $69.60

Market Cap: $14.75B

N
Quanex Building Products Corporation

NX

Price: $19.70

Market Cap: $930.44M

R
Gibraltar Industries, Inc.

ROCK

Price: $60.89

Market Cap: $1.85B

W
Advanced Drainage Systems, Inc.

WMS

Price: $108.22

Market Cap: $8.40B

Related Metrics

Explore detailed financial metrics and analysis for TT.