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TT / Industrials

Trane Technologies plc

Auto Controls For Regulating Residential & Comml Environments

Company overview

Trane Technologies plc is an SEC-reporting issuer listed on NYSE under TT. Its SEC industry description is Auto Controls For Regulating Residential & Comml Environments. This profile organizes annual financial disclosures for research; sector labels are editorial groupings, not GICS classifications.

Equipment manufacturers, transport operators and industrial service providers face differing order and asset cycles.

Business segments

Segment-level revenue is not included in this standardized dataset. Consult the business and segment notes in the linked annual filing for the issuer’s actual reporting segments.

Selected fundamentals

Annual reporting currency: USD. Financial amounts are in millions, except per-share figures and ratios.

Latest period 2025-12-31 · prior period 2024-12-31
Metric2025-12-312024-12-31Source filed
RevenueUSD 21,321.9mUSD 19,838.2m2026-02-05
Operating incomeUSD 3,967.4mUSD 3,500.1m2026-02-05
Net incomeUSD 2,918.6mUSD 2,567.9m2026-02-05
Diluted EPSUSD 12.98USD 11.242026-02-05
Operating cash flowUSD 3,194.5mUSD 3,145.6m2026-02-05
Capital expenditureNot availableUSD 370.6m2026-02-05
Free cash flowNot availableUSD 2,775m2026-02-05
Gross marginNot availableNot available2026-02-05
Operating margin18.61%17.64%2026-02-05

FCF = operating cash flow − purchases of property, plant and equipment. Missing tags remain unavailable. Standardized cash-flow comparisons are particularly limited for financial businesses.

Inspect original metric provenance
{
  "revenue": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 21321900000,
    "accn": "0001628280-26-005731",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-05",
    "frame": "CY2025",
    "tag": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax",
    "unit": "USD"
  },
  "netIncome": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 2918600000,
    "accn": "0001628280-26-005731",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-05",
    "tag": "us-gaap:NetIncomeLoss",
    "unit": "USD"
  },
  "operatingIncome": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 3967400000,
    "accn": "0001628280-26-005731",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-05",
    "frame": "CY2025",
    "tag": "us-gaap:OperatingIncomeLoss",
    "unit": "USD"
  },
  "eps": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 12.98,
    "accn": "0001628280-26-005731",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-05",
    "frame": "CY2025",
    "tag": "us-gaap:EarningsPerShareDiluted",
    "unit": "USD/shares"
  },
  "operatingCashFlow": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 3194500000,
    "accn": "0001628280-26-005731",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-05",
    "frame": "CY2025",
    "tag": "us-gaap:NetCashProvidedByUsedInOperatingActivities",
    "unit": "USD"
  },
  "totalAssets": {
    "end": "2025-12-31",
    "val": 21420700000,
    "accn": "0001628280-26-005731",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-05",
    "tag": "us-gaap:Assets",
    "unit": "USD"
  },
  "totalLiabilities": {
    "end": "2025-12-31",
    "val": 12819800000,
    "accn": "0001628280-26-005731",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-05",
    "tag": "us-gaap:Liabilities",
    "unit": "USD"
  },
  "shareholdersEquity": {
    "end": "2025-12-31",
    "val": 8579200000,
    "accn": "0001628280-26-005731",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-05",
    "tag": "us-gaap:StockholdersEquity",
    "unit": "USD"
  },
  "currentAssets": {
    "end": "2025-12-31",
    "val": 7863000000,
    "accn": "0001628280-26-005731",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-05",
    "tag": "us-gaap:AssetsCurrent",
    "unit": "USD"
  },
  "currentLiabilities": {
    "end": "2025-12-31",
    "val": 6286700000,
    "accn": "0001628280-26-005731",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-05",
    "tag": "us-gaap:LiabilitiesCurrent",
    "unit": "USD"
  }
}

Annual earnings trend

Reported fiscal periods, not a live price chart.

Interactive chart loads in the browser. The full annual values are available below.

View all annual figures in a table
Period endRevenueNet incomeEPS
2025-12-31USD 21,321.9mUSD 2,918.6mUSD 12.98
2024-12-31USD 19,838.2mUSD 2,567.9mUSD 11.24
2023-12-31USD 17,677.6mUSD 2,023.9mUSD 8.77
2022-12-31USD 15,991.7mUSD 1,756.5mUSD 7.48

Valuation context

This release does not quote price-based multiples because it does not include synchronized market prices. A financial denominator must be paired with a clearly dated market value.

MeasureInterpretation
P/EPrice divided by EPS; identify annual, trailing or forward basis.
P/S & P/BMarket capitalization divided by sales or book equity.
EV / EBITDAEnterprise value and EBITDA need consistent definitions.
FCF yieldFree cash flow divided by dated market capitalization.

A sector median is descriptive, not a fair-value estimate. Explore sector context ↗

Selected filing notes

10-KFiled 2026-02-05Period 2025-12-31

Annual-disclosure reading guide for TT: Backlog conversion, utilization, deliveries, working capital and service revenue. Filing metadata only; this note is not a substantive review of the full document.

Read SEC original ↗

Related research

Company ResearchTT

TT: reading the FY2025 financial structure

Annual revenue of USD 21.322 billion and net income of USD 2.919 billion for the period ended 2025-12-31.

2026-09-26 · 2 min
Data through 2025-12-31

Risks & what to monitor

Order cancellations, supply constraints, execution risk, labor costs and capital-cycle sensitivity.

Backlog conversion, utilization, deliveries, working capital and service revenue.

Sources & dates