Trane Technologies plc (TT)
NYSE: TT · Real-Time Price · USD
447.90
+3.76 (0.85%)
At close: Sep 4, 2026, 4:00 PM EDT
444.91
-2.99 (-0.67%)
After-hours: Sep 4, 2026, 7:47 PM EDT
Trane Technologies Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 22,210 | 21,322 | 19,838 | 17,678 | 15,992 | 14,136 | |
Revenue Growth | 7.03% | 7.48% | 12.22% | 10.54% | 13.12% | 13.50% |
Cost of Revenue | 14,350 | 13,612 | 12,758 | 11,820 | 11,027 | 9,667 |
Gross Profit | 7,860 | 7,710 | 7,081 | 5,857 | 4,965 | 4,470 |
Selling, General & Admin | 3,907 | 3,839 | 3,617 | 3,033 | 2,597 | 2,448 |
Operating Expenses | 3,907 | 3,839 | 3,617 | 3,033 | 2,597 | 2,448 |
Operating Income | 3,953 | 3,871 | 3,464 | 2,825 | 2,368 | 2,022 |
Interest Expense | -219.9 | -226.7 | -238.4 | -234.5 | -223.5 | -233.7 |
Interest & Investment Income | 14.1 | 9 | 35.9 | 15.4 | 9.2 | 4 |
Currency Exchange Gain (Loss) | -11.5 | -15.4 | -24.1 | -20.1 | -17.9 | -10.7 |
Other Non Operating Income (Expenses) | -26.4 | -20.9 | -20.1 | -67.5 | 4.8 | 3.8 |
EBT Excluding Unusual Items | 3,709 | 3,617 | 3,217 | 2,518 | 2,140 | 1,785 |
Gain (Loss) on Sale of Investments | 22.6 | - | - | - | - | - |
Other Unusual Items | - | 61.2 | 25 | 49.3 | 31.9 | 5.6 |
Pretax Income | 3,732 | 3,679 | 3,242 | 2,567 | 2,172 | 1,791 |
Income Tax Expense | 708.8 | 705.9 | 627.6 | 498.4 | 375.9 | 333.5 |
Earnings From Continuing Operations | 3,023 | 2,973 | 2,614 | 2,069 | 1,796 | 1,457 |
Earnings From Discontinued Operations | -50.6 | -37 | -24.7 | -27.2 | -21.5 | -20.6 |
Net Income to Company | 2,973 | 2,936 | 2,590 | 2,042 | 1,775 | 1,437 |
Minority Interest in Earnings | -23.5 | -17.1 | -21.6 | -17.8 | -18.2 | -13.2 |
Net Income | 2,949 | 2,919 | 2,568 | 2,024 | 1,757 | 1,423 |
Net Income to Common | 2,949 | 2,919 | 2,568 | 2,024 | 1,757 | 1,423 |
Net Income Growth | 3.26% | 13.66% | 26.88% | 15.22% | 23.40% | 66.50% |
Shares Outstanding (Basic) | 222 | 223 | 226 | 229 | 233 | 239 |
Shares Outstanding (Diluted) | 223 | 225 | 228 | 231 | 235 | 242 |
Shares Change | -1.48% | -1.53% | -1.00% | -1.79% | -3.05% | -0.33% |
EPS (Basic) | 13.30 | 13.09 | 11.35 | 8.85 | 7.55 | 5.96 |
EPS (Diluted) | 13.19 | 12.98 | 11.24 | 8.77 | 7.48 | 5.87 |
EPS Growth | 4.71% | 15.42% | 28.16% | 17.30% | 27.29% | 67.05% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 3,547 | 2,812 | 2,775 | 2,089 | 1,212 | 1,365 |
Free Cash Flow Per Share | 15.88 | 12.50 | 12.15 | 9.05 | 5.16 | 5.63 |
Dividend Per Share | 3.980 | 3.760 | 3.360 | 3.000 | 2.680 | 2.360 |
Dividend Growth | 11.80% | 11.91% | 12.00% | 11.94% | 13.56% | 11.32% |
Gross Margin | 35.39% | 36.16% | 35.69% | 33.13% | 31.05% | 31.62% |
Operating Margin | 17.80% | 18.16% | 17.46% | 15.98% | 14.80% | 14.30% |
Profit Margin | 13.28% | 13.69% | 12.94% | 11.45% | 10.98% | 10.07% |
Free Cash Flow Margin | 15.97% | 13.19% | 13.99% | 11.82% | 7.58% | 9.66% |
EBITDA | 4,308 | 4,213 | 3,805 | 3,136 | 2,649 | 2,275 |
EBITDA Margin | 19.40% | 19.76% | 19.18% | 17.74% | 16.56% | 16.10% |
D&A For EBITDA | 355.4 | 341.5 | 341.2 | 311.6 | 281.5 | 253.7 |
EBIT | 3,953 | 3,871 | 3,464 | 2,825 | 2,368 | 2,022 |
EBIT Margin | 17.80% | 18.16% | 17.46% | 15.98% | 14.80% | 14.30% |
Effective Tax Rate | 18.99% | 19.19% | 19.36% | 19.41% | 17.31% | 18.62% |
Revenue as Reported | 21,322 | 21,322 | 19,838 | 17,678 | 15,992 | 14,136 |