Trane Technologies (TT)

On 12 Nov 2026 Trane Technologies closed at $424.05, +9.7% this year; market cap $93.88bn, P/E 29.8.

About

Industrials · Building Products · NYSE · Ireland

Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps; chillers; coils and condensers; auxiliary power, cold storage, and condensing units; controls contracting and commissioning, decarbonization programs, and gensets; dehumidifiers; energy and water efficiency programs; energy recovery ventilators and power solutions; energy storage; furnaces; home automation; humidifiers; HVAC performance-monitoring products; and indoor air quality assessments and related products for HVAC and transport solutions. The company also provides asset management, building management, bus air purification, bus and rail HVAC, container refrigeration, control, ductless, geothermal, data center and multi-pipe HVAC, package heating and cooling, rail refrigeration, residential air filtration, self and vehicle powered truck refrigeration, temporary heating and cooling, truck refrigeration, unitary, variable refrigerant flow, and trailer refrigeration systems. In addition, it offers industrial process refrigeration, installation contracting, lighting retrofit, medical grade refrigeration, refrigerant reclamation, renewable energy and storage, residential hybrid heating, telematics, thermostats/controls and associated digital, ventilation, and stationary cold storage solutions; packaged rooftop units; rate chambers; residential air filters; thermal energy storage; transport heater products; temperature freezers; energy infrastructure programs and management, repair and maintenance, smart and AI-enabled, and rental services; water source heat pumps; and aftermarket and OEM parts and supplies. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. The company was founded in 1885 and is headquartered in Swords, Ireland.

Key figures

Market cap$93.88bn
P/E (trailing)29.8
EPS (TTM)$14.23
Beta1.20
Dividend$4.20
Dividend yield0.99%
Ex-dividend date4 Dec 2026
Latest report29 Oct 2026
Next earnings28 Jan 2027

Performance

YTD+9.7%
1Y+1.5%
3Y+24.9%
5Y+18.6%

Financials

YearRevenueNet incomeFree cash flow
2025$21.32bn$2.92bn$2.81bn
2024$19.84bn$2.57bn$2.77bn
2023$17.68bn$2.02bn$2.09bn
2022$15.99bn$1.76bn$1.21bn
2021$14.14bn$1.42bn$1.37bn

Valuation

Base value $388.10 (-8.5% vs price); 0 of 1 methods above the price. See every method

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Data as of 12 Nov 2026. Not investment advice.