Trane Technologies plc

Listed Company

TTCIK 0001466258NYSELarge AcceleratedAuto Controls For Regulating Residential & Comml EnvironmentsL2FY ends Dec 31

Period

FY 2025

Revenue

$21.32B

Net Income

$2.92B

Total Assets

$21.42B

Equity

$8.58B

Shares Out

221.06M

Op. Cash Flow

$3.19B

TT$469.85+4.42% · past yearDBEQ Basic

Daily closing prices

Business

Trane Technologies plc is a global climate innovator that designs, manufactures, sells and services heating, ventilation, air conditioning (HVAC), transport refrigeration, and custom refrigeration solutions through its Trane and Thermo King brands. The company offers a comprehensive portfolio including air conditioning units, heat pumps, building controls, energy management services, rental options, aftermarket parts, and telematics solutions for commercial, residential and transport applications. It operates through three geographic segments—Americas, EMEA, and Asia Pacific—serving approximately 100 countries with substantial international presence.

Summary from 10-K filed 2026-02-05

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net revenues	21,322	19,838	17,678	15,992	14,136
Selling and administrative expenses	−3,743	−3,580	−2,963	−2,546	−2,446
Operating income (loss)	3,967	3,500	2,894	2,419	2,023
Interest expense	−227	−238	−235	−224	−234
Other, net	−62	−20	−92	−23	1
Income (Loss) Attributable to Parent, before Tax	3,679	3,242	2,567	—	—
Benefit (provision) for income taxes	−706	−628	−498	−376	−334
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	2,973	2,614	2,069	1,796	1,457
Discontinued operations, net of tax	−37	−25	−27	−22	−21
Net earnings	2,936	2,590	2,042	1,775	1,437
Net earnings (loss) attributable to Trane Technologies plc	2,919	2,568	2,024	1,757	1,423
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest	−17	−22	−18	−18	−13
Continuing operations	2,956	2,593	2,051	1,778	1,444
Discontinued operations	−37	−25	−27	−22	−21
Continuing operations	13.25	11.46	8.97	7.65	6.05
Discontinued operations	−0.16	−0.11	−0.12	−0.1	−0.09
Net earnings (per share)	13.09	11.35	8.85	7.55	5.96
Continuing operations	13.14	11.35	8.89	7.57	5.96
Discontinued operations	−0.16	−0.11	−0.12	−0.09	−0.09
Net earnings (per share)	12.98	11.24	8.77	7.48	5.87

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	1,763	1,590	1,095	1,221	2,159
Accounts and notes receivable, net	3,235	3,090	2,957	2,780	2,429
Inventories	2,104	1,972	2,152	1,994	1,531
Other current assets	761	686	666	385	352
Total current assets	7,863	7,338	6,870	6,379	6,471
Property, plant and equipment, net	2,251	2,025	1,772	1,536	1,399
Goodwill	6,457	6,128	6,095	5,504	5,505
Intangible Assets, Net (Excluding Goodwill)	3,237	3,308	3,440	3,264	3,306
Other noncurrent assets	1,613	1,348	1,215	1,399	1,380
Total assets	21,421	20,147	19,392	18,082	18,060
Accounts payable	2,154	2,148	2,025	2,092	1,787
Accrued compensation and benefits	615	678	592	541	545
Accrued expenses and other current liabilities	2,825	2,790	2,635	2,006	2,070
Short-term borrowings and current maturities of long-term debt	693	452	802	1,048	350
Total current liabilities	6,287	6,069	6,054	5,687	4,752
Long-term debt	3,922	4,318	3,978	3,788	4,492
Postemployment and other benefit liabilities	542	562	597	667	811
Deferred and noncurrent income taxes	716	587	704	680	582
Other noncurrent liabilities	1,353	1,124	1,043	1,154	1,150
Total liabilities	12,820	12,660	12,375	11,976	11,787
Ordinary shares, par value, in dollars or euros per share, as stated	1	1	1	1	1
Ordinary shares issued	245	249	252	253	260
Treasury Stock, Common, Shares	24	25	25	25	—
Treasury Stock, Value	−1,649	−1,719	−1,719	−1,719	−1,719
Trane Technologies plc shareholders' equity Ordinary shares, $1 par value	245	249	252	253	260
Retained earnings	10,422	9,792	9,134	8,321	8,353
Accumulated other comprehensive income (loss)	−439	−864	−671	−766	−638
Total Trane Technologies plc shareholders' equity	8,579	7,457	6,995	6,089	6,256
Noncontrolling interest	22	30	22	17	17
Total equity	8,601	7,487	7,017	6,105	6,273
Total liabilities and equity	21,421	20,147	19,392	18,082	18,060

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	376	379	348	324	299
Pension and Other Postretirement Benefits Expense (Reversal of Expense), Noncash	35	41	51	56	51
Share-based Payment Arrangement, Noncash Expense	87	83	64	56	67
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Other Item	32	−178	−33	17	−36
Accounts and notes receivable	−61	−181	−110	−345	−265
Inventories	−85	163	−96	−467	−349
Other current and noncurrent assets	−305	−162	−152	−117	−154
Accounts payable	−3	101	−125	318	275
Other current and noncurrent liabilities	172	319	411	61	250
Net cash (used in) provided by continuing operating activities	3,220	3,178	2,427	1,699	1,594
Net cash (used in) provided by discontinued operating activities	−26	−32	−37	−195	−6
Net cash provided by (used in) operating activities	3,195	3,146	2,390	1,504	1,588
Capital expenditures	−383	−371	−301	−292	−223
Acquisition of businesses, net of cash acquired	−276	−180	−863	−235	−269
Proceeds from sale of property, plant and equipment	21	5	9	10	15
Payments to Acquire Short-Term Investments	0	−450	0	0	—
Payment for (Proceeds from) Other Investing Activity	−2	−17	−18	−23	−69
Net cash provided by (used in) investing activities	−640	−563	−1,172	−540	−546
Other short-term borrowings (net)	0	0	−2	0	0
Proceeds from long-term debt	0	499	699	0	0
Payments of long-term debt	−159	−508	−755	−10	−433
Net proceeds (repayments) in debt	−159	−9	−57	−10	−433
Debt issuance costs	−2	−5	−6	−2	−3
Dividends paid to ordinary shareholders	−837	−758	−684	−620	−561
Dividends paid to noncontrolling interests	−27	−13	−13	−15	−15
Proceeds shares issued under incentive plans	13	47	79	3	78
Other, net	−2	−2	0	−2	−45
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	−2,496	−2,021	−1,350	−1,852	−2,128
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	173	495	−125	−939	−1,131
Effect of exchange rate changes on cash and cash equivalents	115	−67	8	−50	−46
Interest, net of amounts capitalized	222	233	217	218	235
Income taxes, net of refunds	647	717	526	321	357
Proceeds from Sale, Maturity and Collection of Short-Term Investments	0	450	0	0	—

Filings

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Frequently asked questions

What is Trane Technologies plc's CIK number?

Trane Technologies plc's SEC CIK number is 0001466258 (1466258). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find Trane Technologies plc's SEC filings?

All of Trane Technologies plc's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did Trane Technologies plc last report earnings?

Trane Technologies plc (TT) most recently filed an earnings 8-K with the SEC on Apr 30, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-028547). This is Trane Technologies plc's most recent earnings filing of record — not a forecast of its next earnings date.

What is Trane Technologies plc's most recent earnings 8-K?

Trane Technologies plc's latest earnings 8-K (Item 2.02) was filed Apr 30, 2026 under accession 0001628280-26-028547. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View Trane Technologies plc's latest earnings 8-K →
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