Trane Technologies Statistics
Total Valuation
TT has a market cap or net worth of $69.15 billion. The enterprise value is $72.83 billion.
| Market Cap | 69.15B |
| Enterprise Value | 72.83B |
Important Dates
The next confirmed earnings date is Tuesday, April 30, 2024, before market open.
| Earnings Date | Apr 30, 2024 |
| Ex-Dividend Date | Jun 7, 2024 |
Share Statistics
TT has 227.07 million shares outstanding. The number of shares has decreased by -1.19% in one year.
| Shares Outstanding | 227.07M |
| Shares Change (YoY) | -1.19% |
| Shares Change (QoQ) | -0.46% |
| Owned by Insiders (%) | 0.32% |
| Owned by Institutions (%) | 87.33% |
| Float | 226.25M |
Valuation Ratios
The trailing PE ratio is 34.72 and the forward PE ratio is 28.91. TT's PEG ratio is 2.78.
| PE Ratio | 34.72 |
| Forward PE | 28.91 |
| PS Ratio | 3.91 |
| Forward PS | 3.53 |
| PB Ratio | 9.89 |
| P/FCF Ratio | 32.96 |
| PEG Ratio | 2.78 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 23.46, with an EV/FCF ratio of 34.71.
| EV / Earnings | 35.99 |
| EV / Sales | 4.12 |
| EV / EBITDA | 23.46 |
| EV / EBIT | 26.42 |
| EV / FCF | 34.71 |
Financial Position
The company has a current ratio of 1.14, with a Debt / Equity ratio of 0.68.
| Current Ratio | 1.14 |
| Quick Ratio | 0.67 |
| Debt / Equity | 0.68 |
| Debt / EBITDA | 1.54 |
| Debt / FCF | 2.28 |
| Interest Coverage | 11.76 |
Financial Efficiency
Return on equity (ROE) is 31.20% and return on invested capital (ROIC) is 19.09%.
| Return on Equity (ROE) | 31.20% |
| Return on Assets (ROA) | 10.80% |
| Return on Capital (ROIC) | 19.09% |
| Revenue Per Employee | $441,940 |
| Profits Per Employee | $50,598 |
| Employee Count | 40,000 |
| Asset Turnover | 0.94 |
| Inventory Turnover | 5.70 |
Taxes
In the past 12 months, TT has paid $498.40 million in taxes.
| Income Tax | 498.40M |
| Effective Tax Rate | 19.76% |
Stock Price Statistics
The stock price has increased by +71.38% in the last 52 weeks. The beta is 1.23, so TT's price volatility has been higher than the market average.
| Beta (1Y) | 1.23 |
| 52-Week Price Change | +71.38% |
| 50-Day Moving Average | 291.67 |
| 200-Day Moving Average | 237.81 |
| Relative Strength Index (RSI) | 63.66 |
| Average Volume (30 Days) | 1,016,985 |
Short Selling Information
The latest short interest is 2.61 million, so 1.15% of the outstanding shares have been sold short.
| Short Interest | 2.61M |
| Short Previous Month | 2.39M |
| Short % of Shares Out | 1.15% |
| Short % of Float | 1.15% |
| Short Ratio (days to cover) | 3.11 |
Income Statement
In the last 12 months, TT had revenue of $17.68 billion and earned $2.02 billion in profits. Earnings per share was $8.77.
| Revenue | 17.68B |
| Gross Profit | 5.86B |
| Operating Income | 2.80B |
| Pretax Income | 2.52B |
| Net Income | 2.02B |
| EBITDA | 3.10B |
| EBIT | 2.76B |
| Earnings Per Share (EPS) | $8.77 |
Balance Sheet
The company has $1.10 billion in cash and $4.78 billion in debt, giving a net cash position of -$3.68 billion or -$16.23 per share.
| Cash & Cash Equivalents | 1.10B |
| Total Debt | 4.78B |
| Net Cash | -3.68B |
| Net Cash Per Share | -$16.23 |
| Equity / Book Value | 7.00B |
| Book Value Per Share | 30.81 |
| Working Capital | 816.40M |
Cash Flow
In the last 12 months, operating cash flow was $2.39 billion and capital expenditures -$291.50 million, giving a free cash flow of $2.10 billion.
| Operating Cash Flow | 2.39B |
| Capital Expenditures | -291.50M |
| Free Cash Flow | 2.10B |
| FCF Per Share | $9.22 |
Margins
Gross margin is 33.13%, with operating and profit margins of 15.85% and 11.45%.
| Gross Margin | 33.13% |
| Operating Margin | 15.85% |
| Pretax Margin | 14.27% |
| Profit Margin | 11.45% |
| EBITDA Margin | 17.56% |
| EBIT Margin | 15.59% |
| FCF Margin | 11.87% |
Dividends & Yields
This stock pays an annual dividend of $3.36, which amounts to a dividend yield of 1.10%.
| Dividend Per Share | $3.36 |
| Dividend Yield | 1.10% |
| Dividend Growth (YoY) | 11.97% |
| Years of Dividend Growth | 13 |
| Payout Ratio | 38.31% |
| Buyback Yield | 1.19% |
| Shareholder Yield | 2.30% |
| Earnings Yield | 2.93% |
| FCF Yield | 3.03% |
Analyst Forecast
The average price target for TT is $257.08, which is -15.58% lower than the current price. The consensus rating is "Buy".
| Price Target | $257.08 |
| Price Target Difference | -15.58% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
| Revenue Growth Forecast (5Y) | 7.17% |
| EPS Growth Forecast (5Y) | 9.00% |
Stock Splits
The last stock split was on March 2, 2020. It was a forward split with a ratio of 1289:1000.
| Last Split Date | Mar 2, 2020 |
| Split Type | Forward |
| Split Ratio | 1289:1000 |
Scores
TT has an Altman Z-Score of 5.44 and a Piotroski F-Score of 8.
| Altman Z-Score | 5.44 |
| Piotroski F-Score | 8 |