Trane Technologies plc (TT)
| Market Cap | 84.86B |
| Revenue (ttm) | 19.39B |
| Net Income (ttm) | 2.47B |
| Shares Out | 225.02M |
| EPS (ttm) | 10.77 |
| PE Ratio | 34.57 |
| Forward PE | 30.63 |
| Dividend | $3.36 (0.89%) |
| Ex-Dividend Date | Dec 6, 2024 |
| Volume | 1,517,980 |
| Open | 375.00 |
| Previous Close | 376.90 |
| Day's Range | 371.96 - 380.40 |
| 52-Week Range | 233.76 - 422.00 |
| Beta | 1.24 |
| Analysts | Buy |
| Price Target | 395.27 (+4.82%) |
| Earnings Date | Jan 30, 2025 |
About TT
Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, custom, and custom and transport refrigeration in Ireland and internationally. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps, auxiliary power units; chillers; coils and condensers; gensets; dehumidifiers; ductless; furnaces; home automation products; humidifiers; indoor air quality assessments and related products; large and light ... [Read more]
Financial Performance
In 2023, Trane Technologies's revenue was $17.68 billion, an increase of 10.54% compared to the previous year's $15.99 billion. Earnings were $2.02 billion, an increase of 15.22%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for TT stock is "Buy." The 12-month stock price forecast is $395.27, which is an increase of 4.82% from the latest price.
News
Trane Technologies to Acquire BrainBox AI
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, announced that it has signed a definitive agreement to acquire BrainBox AI, a pioneer in autonomous HVAC co...
Mauro Atalla Joins Trane Technologies as Chief Technology and Sustainability Officer
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, announced the appointment of Mauro Atalla as Chief Technology and Sustainability Officer, effective January...
Trane Technologies Announces New $5 Billion Share Repurchase Program
SWORDS, Ireland--(BUSINESS WIRE)--The Board of Directors of Trane Technologies plc (NYSE:TT), a global climate innovator, authorized a new share repurchase program of up to $5 billion, to commence upo...
Trane Technologies Honored by TIME as a Global Leader in Sustainable Growth
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been recognized in TIME's inaugural ranking of the World's Best Companies for Sustainable Growth. Develo...
Trane Technologies to Present at the Goldman Sachs Industrials and Materials 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 Goldman Sachs Industr...
Trane Technologies to Present at the UBS Global Industrials and Transportation 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 UBS Global Industrial...
Trane Technologies and Autodesk Collaborate to Accelerate and Simplify Sustainable Building Design
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator and Autodesk, Inc. (NASDAQ: ADSK), a global leader in building information modeling (BIM) technology for the ...
Trane Technologies Champions Decarbonization, Sustainable Cooling and Climate Policies at COP29
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, will underscore the critical need for decarbonizing the built environment and transport sectors, advocating ...
Trane Technologies Q3: Strong North America And Weak China
Trane's Q3 shows strong business growth in North America, alongside some weakness in China. During the quarter, the Company experienced a significant revenue decline in China, with a 50% drop in booki...
Trane Technologies plc (TT) Q3 2024 Earnings Call Transcript
Trane Technologies plc (NYSE:TT) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Zac Nagle - Vice President, Investor Relations Dave Regnery - Chair & Chief Executi...
Trane Technologies Reports Strong Third Quarter Results and Raises 2024 Revenue and EPS Guidance
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $3.43 for the third quarte...
Trane Technologies Schedules Third 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 third quarter 2024 financial results on Wednesday, October 30...
Trane Technologies Declares Quarterly Dividend
SWORDS, Ireland--(BUSINESS WIRE)--The Board of Directors of Trane Technologies plc (NYSE:TT), a global climate innovator, declared a quarterly dividend of $0.84 per ordinary share, or $3.36 per share ...
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Trane Technologies Moves to Reduce Embodied Carbon by 40% by 2030
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced a commitment to reduce embodied carbon by 40% by 2030, an industry first. Building on its l...
Kian-Backed Team Air Enters Georgia Market with Second Territory Award from OEM Partner American Standard
CHARLOTTE, N.C. & ATLANTA--(BUSINESS WIRE)--Kian Capital-backed Team Air Distributing (“Team Air”), a leading wholesale distributor providing OEM-branded HVAC equipment, parts and supplies to resident...
Trane Technologies Recognized by TIME, PEOPLE and Fortune for Workforce, Culture and Commitment to Sustainability
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, was recently recognized for workplace excellence, uplifting culture and its commitment to sustainability by ...
Trane Technologies: Strong Backlog Supporting Growth For FY24 And FY25
Trane Technologies' stock has surged over 14% since March 2024, driven by strong commercial HVAC growth and a robust backlog of $7.5 billion. The company reported 19% growth in orders and 13% revenue ...
Data centers' 'cool' opportunity: Here's what to know
The AI boom is fueling a big race for cooling technology when it comes to data centers. CNBC's Pippa Stevens joins 'Squawk on the Street' with the details.
Trane Technologies to Present at the Morgan Stanley Laguna 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 Morgan Stanley Laguna...
Trane Technologies Explores What's Now and Next in Climate Technology in Season 4 of its Healthy Spaces Podcast
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, is exploring how climate technology and innovation are transforming the spaces where we live, work, learn an...
Trane Technologies plc (TT) Q2 2024 Earnings Call Transcript
Trane Technologies plc (NYSE:TT) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Zac Nagle - Vice President, Investor Relations David Regnery - Chair and CEO Chris Kue...
Trane Technologies Reports Strong Second Quarter Results and Raises 2024 Revenue and EPS Guidance
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $3.33 for the second quart...
Trane Technologies Schedules Second 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 second quarter 2024 financial results on Wednesday, July 31, ...
Trane Technologies Named One of the World's Most Sustainable Companies by TIME
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been recognized in TIME's inaugural rankings of the World's Most Sustainable Companies. The list, publis...