TT
Trane Technologies plc
NYSE: TT · INDUSTRIALS · BUILDING PRODUCTS & EQUIPMENT
$479.37
-0.29% today
Updated 2026-04-29
Market cap
$108.91B
P/E ratio
37.60
P/S ratio
5.11x
EPS (TTM)
$13.10
Dividend yield
—
52W range
$347 – $503
Volume
1.3M
Trane Technologies plc (TT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.41B | $8.76B | $13.23B | $13.20B | $14.08B | $14.78B | $11.99B | $12.35B | $12.89B | $13.30B | $13.51B | $14.20B | $12.34B | $13.08B | $12.45B | $14.14B | $15.99B | $17.68B | $19.84B | $21.32B |
| Revenue growth (YoY) | — | -23.2% | +50.9% | -0.2% | +6.7% | +5.0% | -18.9% | +3.0% | +4.4% | +3.2% | +1.6% | +5.1% | -13.1% | +5.9% | -4.8% | +13.5% | +13.1% | +10.5% | +12.2% | +7.5% |
| Cost of revenue | $8.42B | $6.27B | $9.56B | $9.65B | $10.16B | $10.49B | $8.53B | $8.68B | $8.98B | $9.30B | $9.33B | $9.81B | $8.58B | $9.09B | $8.65B | $9.67B | $11.03B | $11.82B | $12.76B | $13.61B |
| Gross profit | $2.99B | $2.49B | $3.67B | $3.55B | $3.94B | $4.29B | $3.45B | $3.63B | $3.91B | $4.00B | $4.20B | $4.39B | $3.76B | $4.03B | $3.80B | $4.47B | $4.96B | $5.86B | $7.08B | $7.71B |
| Gross margin | 26.2% | 28.4% | 27.7% | 26.9% | 28.0% | 29.0% | 28.8% | 29.4% | 30.3% | 30.1% | 31.1% | 30.9% | 30.5% | 30.8% | 30.5% | 31.6% | 31.0% | 33.1% | 35.7% | 36.2% |
| R&D | — | — | — | — | $244.00M | $257.30M | $235.40M | $218.20M | $212.30M | $205.90M | $207.90M | $210.80M | $166.70M | $174.20M | $165.00M | $193.50M | $211.20M | $252.30M | — | $347.60M |
| SG&A | — | — | — | — | $5.35B | $5.56B | $5.55B | $5.14B | $5.01B | $5.05B | $5.18B | $5.43B | $5.79B | $6.24B | $2.27B | $2.45B | $2.55B | $2.96B | $3.58B | $3.74B |
| Operating income | $1.44B | $1.06B | $1.23B | $841.60M | $1.29B | $1.52B | $1.10B | $1.10B | $1.40B | $1.46B | $1.60B | $1.67B | $1.51B | $1.67B | $1.53B | $2.02B | $2.42B | $2.89B | $3.50B | $3.97B |
| Operating margin | 12.6% | 12.1% | 9.3% | 6.4% | 9.2% | 10.3% | 9.1% | 8.9% | 10.9% | 11.0% | 11.9% | 11.7% | 12.2% | 12.8% | 12.3% | 14.3% | 15.1% | 16.4% | 17.6% | 18.6% |
| EBITDA | $1.64B | $1.20B | $-2.06B | $1.28B | $1.72B | $1.30B | $1.43B | $1.44B | $1.76B | $1.83B | $2.31B | $1.98B | $2.24B | $1.93B | $1.83B | $2.32B | $2.72B | $3.15B | $3.86B | $4.17B |
| EBITDA margin | 14.4% | 13.7% | -15.6% | 9.7% | 12.2% | 8.8% | 12.0% | 11.7% | 13.6% | 13.8% | 17.1% | 14.0% | 18.2% | 14.8% | 14.7% | 16.4% | 17.0% | 17.8% | 19.5% | 19.6% |
| EBIT | $1.45B | $1.06B | $-2.51B | $853.20M | $1.28B | $893.90M | $1.10B | $1.11B | $1.42B | $1.47B | $1.96B | $1.63B | $1.88B | $1.64B | $1.54B | $2.03B | $2.40B | $2.81B | $3.48B | $3.91B |
| Interest expense | $0.00 | $0.00 | $245.40M | $302.20M | $283.20M | $277.10M | $250.50M | $278.80M | $225.30M | $223.00M | $221.50M | $215.80M | $221.00M | $243.00M | $248.70M | $233.70M | $223.50M | $234.50M | $238.40M | $227.50M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.03B | $3.97B | $-2.62B | $451.30M | $642.20M | $426.10M | $1.01B | $618.80M | $931.70M | $664.60M | $1.48B | $1.30B | $1.34B | $1.41B | $854.90M | $1.42B | $1.76B | $2.02B | $2.57B | $2.92B |
| Net income growth (YoY) | — | +284.2% | -166.2% | +117.2% | +42.3% | -33.6% | +136.1% | -38.5% | +50.6% | -28.7% | +122.1% | -11.8% | +2.7% | +5.5% | -39.4% | +66.5% | +23.4% | +15.2% | +26.9% | +13.7% |
| Profit margin | 9.0% | 45.3% | -19.8% | 3.4% | 4.6% | 2.9% | 8.4% | 5.0% | 7.2% | 5.0% | 10.9% | 9.2% | 10.8% | 10.8% | 6.9% | 10.1% | 11.0% | 11.4% | 12.9% | 13.7% |