Trane Technologies plc
About Trane Technologies plc
Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for approximately 80% of its revenue, with 13% from EMEA and 7% Asia-Pacific. The company was formed in 2020 when its former parent, Ingersoll Rand, merged with Gardner Denver in a tax-advantaged reverse Morris trust transaction.
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Financial summary
- Revenue FY2025
- $21.3B
- Net income
- $2.9B
- Total assets
- $21.4B
- Market cap
- $101.0B
- Operating margin
- 18.6%
- Net margin
- 13.8%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $21.3B
- Operating expenses
- $17.4B
- Operating income
- $4.0B
- Income tax
- $705.9M
- Net income
- $2.9B
- EPS (basic)
- $13.09
- EPS (diluted)
- $12.98
Balance sheet
- Total assets
- $21.4B
- Current assets
- $7.9B
- Total liabilities
- $12.8B
- Current liabilities
- $6.3B
- Shareholders’ equity
- $8.6B
Cash flow
- Operating cash flow
- $3.2B
- Investing cash flow
- -$640.0M
- Financing cash flow
- -$2.5B
- Net cash flow
- $173.2M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $101.0B
- P/E ratio
- 35.4
- EPS (diluted)
- $12.98
- Dividend yield
- 0.92%
- Shares outstanding
- 220.1M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jun 9, 1948
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $2.9B in FY2025.
- Revenue grew 71% from FY2020 to FY2025.
- Trading 7% below its 52-week high.
- Pays a dividend yielding about 0.92% annually.
- Valued at a price-to-earnings (P/E) ratio of 35.4.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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