Your Best Stock
Stocks › TT

Trane Technologies TT

US equityMarket cap rank #166Building Products & Equipment
$438.88
+$1.79 (+0.41%)
Market open · Sep 24, 2:00 pm ET
After hours $437.09 0.00%
Open$433.01
Prev close$437.09
Day range$431.00 – $442.45
Volume425.2K
Market cap$96.56B
P/E (TTM)33.2
Dividend yield0.91%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$6.35B+10.6% YoY
Operating profit$1.22B+5.2% YoY
Net profit$935.30M+6.4% YoY
Diluted EPS$4.16+6.9% YoY
Free cash flow$1.01B+67.9% YoY
Operating cash flow$1.09B

Revenue, last 8 quarters

$5.4BSep '24$4.9BDec '24$4.7BMar '25$5.7BJun '25$5.7BSep '25$5.1BDec '25$5.0BMar '26$6.4BJun '26

Net profit, last 8 quarters

$777.9MSep '24$611.9MDec '24$609.1MMar '25$878.9MJun '25$850.8MSep '25$596.9MDec '25$589.5MMar '26$935.3MJun '26

Diluted EPS by quarter

3.39Sep '242.66Dec '242.67Mar '253.89Jun '253.78Sep '252.64Dec '252.62Mar '264.16Jun '26

Free cash flow by quarter

$1.2BSep '24$774.3MDec '24$220.6MMar '25$602.2MJun '25$935.6MSep '25$1.1BDec '25$546.5MMar '26$1.0BJun '26

Annual revenue

$12.5BFY20$14.1BFY21$16.0BFY22$17.7BFY23$19.8BFY24$21.3BFY25

Profitability & balance sheet

Gross margin35.4%
Operating margin17.9%
Net margin13.3%
Return on equity35.8%
Return on assets13.1%
Return on invested capital24.3%
Current ratio1.07
Liabilities / assets63.9%
Cash & investments$1.32B
Total debt$4.62B
Net cash (debt)-$3.30B
Free cash flow / sales16.0%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Equipment$4.28B 67.4%
  • Services$2.07B 32.6%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $6.35B $4.97B $21.32B $5.14B $5.74B
Total Operating Revenue $6.35B $4.97B $21.32B $5.14B $5.74B
Cost of Revenue $4.09B $3.24B $13.61B $3.39B $3.62B
Gross Profit $2.26B $1.73B $7.71B $1.75B $2.12B
Operating Expense $1.04B $952.00M $3.74B $934.90M $952.90M
Selling and Admin Expenses $1.04B $952.00M $3.74B $934.90M $952.90M
-General & Admin Expense $1.04B – – – –
Operating Profit $1.22B $776.10M $3.97B $819.00M $1.17B
Net Non-Operating Interest Income (Expense) -$50.10M -$51.00M -$217.70M -$50.30M -$54.40M
Non-Operating Interest Income $3.00M $4.60M $9.00M $5.30M $1.20M
Non-Operating Interest Expense $53.10M $55.60M $226.70M $55.60M $55.60M
Other Income (Expense) -$11.10M $10.70M -$71.10M -$27.40M -$19.20M
Gain on Sale of Security -$1.70M -$1.30M -$15.40M -$3.70M -$4.80M
Other Non-Operating Income (Expenses) -$9.40M $12.00M -$55.70M -$23.70M -$14.40M
Pretax Profit $1.16B $735.80M $3.68B $741.30M $1.09B
Tax $218.20M $136.30M $705.90M $122.80M $231.50M
Net Profit $935.30M $589.50M $2.94B $596.90M $850.80M
Profit from Continuing Operations $944.90M $599.50M $2.97B $618.50M $860.20M
Net Income from Discontinuous Operations -$9.60M -$10.00M -$37.00M -$21.60M -$9.40M
Minority Interests $9.60M $5.10M $17.10M $5.60M $3.20M
Net Income to Parent Company $925.70M $584.40M $2.92B $591.30M $847.60M
Net Income to Common Stockholders $925.70M $584.40M $2.92B $591.30M $847.60M
Basic EPS $4.19 $2.64 $13.09 $2.67 $3.81
Diluted EPS $4.16 $2.62 $12.98 $2.64 $3.78
Dividend Per Share $1.05 $1.05 $3.76 $0.94 $0.94

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $23.93B $22.75B $21.42B $21.42B $21.37B
Total Current Assets $9.01B $8.00B $7.86B $7.86B $7.86B
Cash and Cash Equivalents & Short-Term Investments $1.32B $1.07B $1.76B $1.76B $1.13B
-Cash and Cash Equivalents $1.32B $1.07B $1.76B $1.76B $1.13B
Receivables $4.23B $3.77B $3.24B $3.24B $3.60B
-Accounts Receivable $4.23B $3.77B $3.24B $3.24B $3.60B
Inventory $2.62B $2.40B $2.10B $2.10B $2.36B
Other Current Assets $837.00M $757.60M $760.80M $760.80M $775.50M
Total Non-Current Assets $14.92B $14.75B $13.56B $13.56B $13.51B
Net PPE $2.39B $2.34B $2.25B $2.25B $2.21B
Goodwill and Other Intangible Assets $10.55B $10.52B $9.69B $9.69B $9.72B
-Goodwill $7.03B $6.96B $6.46B $6.46B $6.44B
-Other Intangible Assets $3.52B $3.56B $3.24B $3.24B $3.27B
Other Non-Current Assets $1.98B $1.89B $1.61B $1.61B $1.59B
Total Liabilities $15.28B $14.14B $12.82B $12.82B $13.03B
Total Current Liabilities $8.39B $7.31B $6.29B $6.29B $6.52B
Payables $2.98B $2.42B $2.15B $2.15B $2.40B
-Accounts Payable $2.98B $2.42B $2.15B $2.15B $2.40B
Current Accrued Expenses $4.12B $3.66B $2.83B $2.83B $2.82B
Short-Term Debt and Capital Lease Obligation $693.10M $693.10M $693.00M $693.00M $694.70M
-Current Debt $693.10M $693.10M $693.00M $693.00M $694.70M
Total Non-Current Liabilities $6.89B $6.84B $6.53B $6.53B $6.50B
Long Term Debt and Capital Lease Obligation $3.92B $3.92B $3.92B $3.92B $3.92B
-Long Term Debt $3.92B $3.92B $3.92B $3.92B $3.92B
Non-Current Deferred Liabilities $795.20M $765.40M $716.30M $716.30M $675.20M
Employee Benefits $508.40M $533.20M $541.50M $541.50M $559.90M
Other Non-Current Liabilities $1.66B $1.62B $1.35B $1.35B $1.35B
Total Equity $8.65B $8.61B $8.60B $8.60B $8.35B
Stockholders' Equity $8.62B $8.59B $8.58B $8.58B $8.33B
Capital Stock $243.80M $244.70M $245.00M $245.00M $246.50M
-Common Stock $243.80M $244.70M $245.00M $245.00M $246.50M
Retained Earnings $10.53B $10.49B $10.42B $10.42B $10.31B
Less: Treasury Stock $1.65B $1.65B $1.65B $1.65B $1.72B
Gains/Losses Not Affecting Retained Earnings -$497.40M -$495.70M -$438.80M -$438.80M -$514.80M
Minority Interests $22.20M $21.60M $21.70M $21.70M $20.00M
-Gross PPE – – $4.63B $4.63B –
-Accumulated Depreciation – – -$2.38B -$2.38B –

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $1.09B $626.20M $3.19B $1.16B $1.00B
Net cash flow from continuing operations $1.10B $636.20M $3.22B $1.17B $1.01B
Net Income from Continuing Operations $944.90M $599.50M $2.97B $618.50M $860.20M
Gain/Loss from Continuing Operations $1.20M $4.80M $34.80M $21.50M $4.20M
Depreciation & Depletion & Amortization $110.00M $101.10M $376.30M $90.80M $88.30M
Other Non-Cash Items -$12.00M -$3.50M $31.60M $125.80M -$3.00M
Change in Working Capital $29.50M -$92.50M -$281.60M $290.40M $41.00M
Cash Flow from Discontinued Operating Activities -$10.70M -$10.00M -$25.90M -$7.40M -$6.60M
Net cash flow from investing -$146.60M -$755.70M -$640.00M -$85.40M -$68.60M
Net Cash Flow from Continuing Investing Activities -$146.60M -$755.70M -$640.00M -$85.40M -$68.60M
Capital Expenditure -$76.40M -$79.70M -$383.00M -$105.80M -$68.40M
Net Business Purchase and Sale -$73.80M -$668.20M -$276.00M $0.00 $1.20M
Net Other Investing Changes $3.60M -$7.80M -$1.60M -$200,000.00 $300,000.00
Financing Cash Flow -$697.20M -$546.00M -$2.50B -$438.70M -$576.20M
Net Cash Flow from Continuing Financing Activities -$697.50M -$547.30M -$2.50B -$438.70M -$418.90M
Net Issuance Payments Of Debt -$600,000.00 -$2.60M -$159.10M -$1.80M $157.30M
Net Common Stock Issuance -$469.10M -$287.30M -$1.48B -$231.30M -$370.40M
Cash Dividends Paid -$231.70M -$231.50M -$837.30M -$208.20M -$209.10M
Proceeds from Stock Option Exercised $16.60M -$22.20M $12.60M $6.80M $7.70M
Net Other Financing Charges -$12.40M -$2.40M -$30.70M -$4.20M -$161.70M
Ending Cash Balance $1.32B $1.07B $1.76B $1.76B $1.13B
Net Change in Cash $243.90M -$675.50M $58.70M $634.80M $359.20M
Beginning Cash Balance $1.07B $1.76B $1.59B $1.13B $774.20M
Effect of Exchange Rate Changes $200,000.00 -$13.60M $114.50M $2.70M -$7.60M
Free Cash Flow $1.01B $546.50M $2.81B $1.05B $935.60M
-Change in Receivables – – -$61.20M – –
-Change in Inventory – – -$84.80M – –
-Change in Payables and Accrued Expense – – -$2.60M – –
-Change in Other Current Assets – – -$304.80M – –
-Change in Other Current Liabilities – – $171.80M – –
Net PPE Purchase and Sale – – $20.60M – –
Net Investment Purchase and Sale – – $0.00 $0.00 $0.00
Scroll to Top