TT
Trane Technologies plc
Stock
$451.98−3.61 (−0.79%)Close Sep 30, 2026
Income statement
| Line | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.2B | $21.3B | $19.8B | $17.7B | $16.0B | $14.1B | $12.5B | $13.1B | $12.3B | $14.2B | $13.5B | $13.3B | $12.9B | $12.4B | $12.0B | $14.8B | $14.0B | $13.0B | $13.0B | $8.8B |
| Cost of revenue | — | — | — | — | — | — | $8.7B | $9.1B | $8.6B | $9.8B | $9.3B | $9.3B | $9.0B | $8.7B | $8.5B | $11.3B | $10.1B | $9.4B | $9.5B | $6.3B |
| Gross profit | — | — | — | — | — | — | $3.8B | $4.0B | $3.8B | $4.4B | $4.2B | $4.0B | $3.9B | $3.6B | $3.5B | $3.5B | $3.9B | $3.6B | $3.5B | $2.5B |
| R&D | — | $348M | $310M | $252M | $211M | $194M | $165M | $174M | $167M | $211M | $208M | $206M | $212M | $218M | $235M | $218M | $244M | $255M | $201M | — |
| SG&A | $3.9B | $3.7B | $3.6B | $3.0B | $2.5B | $2.4B | $2.3B | $2.3B | $2.2B | $2.7B | $2.6B | $2.5B | $2.5B | $2.5B | $2.4B | $2.4B | $2.7B | $2.7B | $2.3B | $1.4B |
| Other operating expenses | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $429M | — | — | $3.5B | — |
| Operating income | $4.0B | $4.0B | $3.5B | $2.9B | $2.4B | $2.0B | $1.5B | $1.7B | $1.5B | $1.7B | $1.6B | $1.5B | $1.4B | $1.1B | $1.1B | $439M | $1.3B | $885M | −$2.5B | $1.1B |
| Non-operating income | — | −$289M | −$258M | −$327M | −$247M | −$233M | −$245M | −$271M | −$254M | −$247M | $138M | −$244M | −$195M | −$275M | −$224M | −$250M | −$251M | −$291M | — | — |
| Pretax income | — | $3.7B | $3.2B | $2.6B | $2.2B | $1.8B | $1.3B | $1.4B | $1.3B | $1.4B | $1.7B | $1.2B | $1.2B | $830M | $848M | $189M | $1.0B | $594M | — | — |
| Taxes | — | $760M | $674M | $543M | $416M | $367M | $433M | −$12M | −$80M | $115M | $265M | $583M | $278M | $211M | −$171M | −$155M | $369M | $143M | — | — |
| Net income | $2.9B | $2.9B | $2.6B | $2.0B | $1.8B | $1.4B | $855M | $1.4B | $1.3B | $1.3B | $1.5B | $665M | $932M | $619M | $1.0B | $343M | $642M | $451M | −$2.6B | $4.0B |
| Diluted EPS | $13.20 | $12.98 | $11.24 | $8.77 | $7.48 | $5.87 | $3.52 | $5.77 | $5.35 | $5.05 | $5.65 | $2.48 | $3.40 | $2.07 | $3.28 | $1.01 | $1.89 | $1.37 | −$8.73 | $13.43 |
| Diluted shares | — | 224.9M | 228.4M | 230.7M | 234.9M | 242.3M | 243.1M | 244.4M | 250.1M | 258.1M | 261.7M | 267.8M | 274.3M | 298.3M | 310.6M | 339.3M | 339.8M | 329.1M | 303.7M | — |
| Revenue growth | — | +7.5% | +12.2% | +10.5% | +13.1% | +13.5% | −4.8% | +5.9% | −13.1% | +5.1% | +1.6% | +3.2% | +4.4% | +3.0% | −18.9% | +5.6% | +7.6% | −0.3% | +48.9% | — |
| Gross margin | — | — | — | — | — | — | 30.5% | 30.5% | 30.5% | 30.9% | 31.1% | 30.2% | 30.3% | 29.4% | 28.8% | 23.5% | 28.1% | 27.5% | 26.8% | 28.4% |
| Operating margin | 17.9% | 18.6% | 17.6% | 16.4% | 15.1% | 14.3% | 12.3% | 12.8% | 12.2% | 11.7% | 11.9% | 11.2% | 10.9% | 8.9% | 8.9% | 3.0% | 9.0% | 6.8% | −19.3% | 12.1% |
| Net margin | 13.3% | 13.7% | 12.9% | 11.4% | 11.0% | 10.1% | 6.9% | 10.8% | 10.8% | 9.2% | 10.9% | 5.0% | 7.2% | 5.0% | 8.5% | 2.3% | 4.6% | 3.5% | −20.1% | 45.3% |
Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.