Trane Technologies plc

Trane Technologies Plc is a global climate innovator, which engages in providing efficient and sustainable climate solutions to buildings, homes, and transportation. Its strategic brands include Trane and Thermo King. It operates through the following segments: Americas, EMEA, and Asia Pacific. The Americas segment encompasses commercial heating and cooling systems, building controls, and energy services and solutions; residential heating and cooling; and transport refrigeration systems and solutions in North America and Latin America regions. The EMEA segment encompasses heating and cooling systems, services and solutions for commercial buildings, and transport refrigeration systems and solutions in Europe, Middle East, and Africa regions. The Asia Pacific segment encompasses heating and cooling systems, services and solutions for commercial buildings and transport refrigeration systems and solutions in Asia Pacific region. The company was founded in 1871 and is headquartered in Swords, Ireland.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Trane Technologies excels in 2022, poised for continued growth

Trane Technologies' strong 2022 performance, driven by organic revenue growth and a focus on innovation, positions the company for continued success in 2023. With a strategic capital allocation plan, emphasis on market outperformance, and investments in key growth areas, Trane is poised to deliver differentiated shareholder returns. Challenges in supply chain management are being addressed to ensure sustained growth and customer satisfaction.

Trane Technologies excels in Q1, eyes carbon reduction and tech innovation

Trane Technologies' Q1 performance reflects strong financial metrics, a purpose-driven approach to sustainability, and a focus on innovation. Despite challenges in certain business segments and regions, the company's strategic investments and positive market outlook position it well for continued growth and profitability.

Trane Technologies excels in Q2, eyes sustainable growth opportunities

Trane Technologies' strong Q2 performance, strategic focus on sustainability, and robust backlog position the company for continued growth.
Challenges include moderating price benefits, labor market impacts, and transitioning to new refrigerants, but opportunities in technology acquisitions and cooling solutions abound.
Balanced capital deployment, strong revenue growth, and a resilient portfolio underscore Trane Technologies' resilience and long-term potential.
With a clear vision for a sustainable world, Trane Technologies navigates challenges and seizes opportunities to drive growth and innovation.

Trane Technologies reports strong Q3 results and eyes sustainable growth

Trane Technologies' Q3 2023 showcased robust performance, strategic strengths, some challenges, and promising opportunities for future growth.
The company's focus on sustainability, innovation, and customer relationships underpins its strong financial results and outlook.
Despite certain challenges like pricing pressures and refrigerant transitions, Trane Technologies remains well-positioned for continued success.
Overall, Trane Technologies' performance, backed by a solid strategy and market positioning, bodes well for sustained growth and shareholder returns.

Trane Technologies excels in Q4, eyes growth amidst sector challenges

Trane Technologies' Q4 performance showcases resilience amidst challenges, with a focus on sustainability, innovation, and growth. The company anticipates strong financial results in 2024, balancing sector impacts with strategic investments and a commitment to sustainability.

Trane Technologies excels in Q1 2024, eyes growth opportunities

Trane Technologies' Q1 2024 performance reflects strong growth, particularly in commercial HVAC and services.
Strategic focus on sustainability, innovation, and balanced capital allocation underpin the company's success.
Challenges in residential business growth and applied systems complexity require attention for sustained performance.
Opportunities lie in continued investments, data center solutions, services attachment rate, and strategic acquisitions.

Trane Technologies reports record Q2 bookings and raises full-year guidance

Trane Technologies' Q2 performance reflects strong growth in bookings and revenues, particularly in the Americas. While facing challenges in certain regions, the company remains optimistic about its full-year outlook and is committed to sustainable strategies and investments.

Trane Technologies excels in Q3 2024, eyes growth opportunities

Trane Technologies' Q3 2024 performance reflects strong growth driven by a purpose-driven strategy and operational excellence.
While challenges exist in market dynamics and policy impacts, the company's focus on innovation and strategic investments positions it well for future growth.
Opportunities for expansion and market leadership through raised guidance and sustainable solutions highlight a positive outlook for Trane Technologies.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Trane Technologies Plc engages in providing solutions to buildings, homes, and transportation. It operates through the following business segments: Americas, EMEA, and Asia Pacific. The Americas segment encompasses commercial heating and cooling systems, building controls, and energy services and solutions, residential heating and cooling, and transport refrigeration systems, and solutions in North America and Latin America regions. The EMEA segment includes heating and cooling systems, services and solutions for commercial buildings, and transport refrigeration systems and solutions in Europe, Middle East, and Africa regions. The Asia Pacific segment is involved in heating and cooling systems, services and solutions for commercial buildings and transport refrigeration systems and solutions in Asia Pacific region. The company was founded in 1871 and is headquartered in Swords, Ireland.

SWORDS, Ireland--(BUSINESS WIRE)--Global climate innovator Trane Technologies (NYSE: TT), through its strategic brand Trane®, has joined forces with indoor air quality monitoring, reporting and ventilation management company Aircuity® to provide automated, data-based indoor air quality monitoring and management solutions for building owners. The integrated Trane and Aircuity system, available in the United States and Canada, collects critical data about a building's air quality and automaticall

Trane Technologies and Aircuity Help Buildings Reopen and Operate Safely with Indoor Air Quality Monitoring and Management Solution

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, announced today that company leadership will participate in a virtual fireside chat at the 2021 Barclays Industrial Select Conference. They will speak at 4:10 PM ET on Tuesday, February 16, 2021. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available 30 days following the even

Trane Technologies to Virtually Present at the 2021 Barclays Industrials Select Conference

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, announced today that company leadership will participate in a virtual fireside chat at the 2021 Citi Global Industrials Conference. They will speak at 11:20 AM ET on Wednesday, February 17, 2021. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available 30 days following the even

Trane Technologies to Virtually Present at the 2021 Citi Global Industrials Conference

Trane Technologies plc (TT) CEO Mike Lamach on Q4 2020 Results - Earnings Call Transcript

Trane Technologies (TT) delivered earnings and revenue surprises of 11.96% and 2.04%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Trane Technologies (TT) Beats Q4 Earnings and Revenue Estimates

Shares of Trane Technologies (NYSE:TT) rose 0.0% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 26.43% over the past year to $1.03, which beat the estimate of $0.92.

Recap: Trane Technologies Q4 Earnings

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $1.01 for the fourth quarter of 2020. Adjusted continuing EPS was $1.03, up 12 percent, which excludes costs primarily related to planned restructuring and transformation. Fourth-Quarter 2020 Results Financial Comparisons - Fourth-Quarter Continuing Operations $, millions except EPS Q4 2020 Q4 2019** Y-O-Y Change Organic Y-

Trane Technologies Reports Strong Fourth-Quarter and Full-Year 2020 Results in Challenging Economic Environment

Trane Technologies (NYSE:TT) unveils its next round of earnings this Friday, February 05. Here is Benzinga's everything-that-matters guide for the earnings announcement.

A Preview Of Trane Technologies's Earnings

SWORDS, Ireland--(BUSINESS WIRE)--The Board of Directors of Trane Technologies plc (NYSE:TT), a global climate innovator, declared a quarterly dividend of $0.59 cents per ordinary share, or $2.36 annualized, reflecting an 11% increase. Trane Technologies has paid consecutive quarterly cash dividends on its common shares since 1919 and annual dividends since 1910. The dividend is payable March 31, 2021, to shareholders of record on March 5, 2021. The Board of Directors also authorized a new shar

Trane Technologies Increases Dividend 11% and Authorizes New $2 Billion Share Repurchase Program

SWORDS, Ireland--(BUSINESS WIRE)--Fortune Magazine has named Trane Technologies plc (NYSE:TT), a global climate innovator, to its World's Most Admired Companies list. The company has been on the list for nine years, and now appears for the first time under the Trane Technologies name*. The list is widely considered to be the ultimate report card on corporate reputation. Fortune develops it annually with the Korn Ferry Hay Group. “We are particularly proud to be honored by Fortune as one of the

Trane Technologies Named One of the World's Most Admired Companies by Fortune

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been named to the 2021 Corporate Knights Global 100 index of the world's most sustainable corporations. Corporate Knights released its 17th annual ranking in Davos today, after a rigorous assessment of over 8,000 companies. “We're proud to earn a place on the Corporate Knights' elite list as one of the world's most sustainable companies,” said Mike Lamach, chairman and chief executive officer of Tran

Trane Technologies Named to Corporate Knights Global 100

Trane Technologies' total return outperformed the Dow average for my 60-month test period by 45.38%, and the present price presents a nice entry point with a growing revenue backlog. Trane Technologies' three-year forward CAGR of 9% is good and will give you steady growth with the increasing worldwide economy and the world industrial budgets.

Trane Technologies: Total Return Is Good, The Dividend Will Increase As Vaccines Get People Back To Work

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, will host a conference call to discuss its fourth quarter 2020 financial results on Friday, February 5, 2021, at 10 a.m. ET. The company will issue its fourth quarter earnings release and earnings presentation in advance of the call; both will be available on the Trane Technologies website. A real-time, listen-only webcast of the conference call will be broadcast live over the internet. Individuals w

Trane Technologies Schedules Fourth Quarter 2020 Earnings Conference Call

Carrier Global

FedEx

New Linde PLC

As vaccine rollout picks up in the United States, companies directly involved in the distribution process stand to benefit, making it wise to keep an eye on names like FedEx (FDX) and Linde (LIN)

5 Stocks That Could Directly Gain From Pfizer's Vaccine Success

Moderna

Pfizer

Emergency approval of COVID-19 vaccines is a boon for stocks such as Trane Technologies (TT), United Parcel Service (UPS), FedEx (FDX), Pfizer (PFE) and Moderna (MRNA). Here's why -

5 Stocks to Win Big as Coronavirus Vaccine Rollout Begins

Dover

Barrick Gold

Kraft Heinz

McCormick

Xylem

The top investor has a big cash position. Here's what he could spend it on.

Warren Buffett Should Buy These Stocks in 2021

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, elected April Miller Boise as a member of its Board of Directors, effective December 8, 2020. “April Miller Boise will add valuable perspective as we execute our climate-focused strategy and expand our global leadership in sustainability,” said Michael W. Lamach, chairman and chief executive officer of Trane Technologies. “She brings extensive experience in business strategy, strategic transactions and i

April Miller Boise, Executive Vice President and General Counsel for Eaton Corp., Joins Trane Technologies Board of Directors

Abbott Labs

Boston Scientific

Medtronic

Last month, the stock market responded positively to the news of a potential Covid-19 vaccine. While the initial impact of the news appears to be dissipating, now may be the right time to look at stocks that could fundamentally benefit from potential sales related to the vaccine.

Is It Time to Pounce on Covid Vaccine Stocks?

Cold storage will be key to distributing COVID-19 vaccines, and that could be a boon for one company.

1 Hidden Coronavirus Vaccine Stock

The COVID-19 vaccine will be difficult to distribute, but that creates opportunities for these companies to profit and build toward their long-term strategic aims.

Coronavirus Vaccine Distribution Stocks: 3 Companies Behind the Cold Chain

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, will host an investor call on the company's long-term strategy and climate-focused transformation to support continued growth and margin expansion. The call will take place Monday, December 14, 2020 from 10:00 a.m. to 12:00 p.m. ET, and will include a question-and-answer session. A real-time, listen-only webcast of the conference call and the related presentation will be accessible through the compan

Trane Technologies Schedules Investor Briefing

Corning

Thermo Fisher Scientific

West Pharmaceutical Services

With COVID-19 vaccine on the horizon, cold-chain storage stocks including TT, CARR and TMO; vial makers like GLW and WST; and logistic operators including UPS and FDX are set to hog the limelight.

COVID-19 Vaccine Rollout Challenges Put These Stocks in Focus

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been named to the Dow Jones Sustainability North America Index (DJSI), in the capital goods sector. This is the tenth consecutive year the company has achieved this prestigious ranking, and the first as Trane Technologies. “It's an honor to be recognized by DJSI as a company with a longstanding commitment to sustainability and a proven history of best-in-class environmental, social and governance pra

Trane Technologies Named to Dow Jones Sustainability North America Index for Tenth Consecutive Year

Allegion

Eaton

Pentair

Encouraging news on the Pfizer Inc. (NYSE: PFE) coronavirus vaccine candidate has changed the narrative related to the global pandemic, and BofA Securities said Wednesday that it has changed the investment theses for a handful of industrial stocks as well. The Industrials Analyst: Andrew Obin issued the following industrial stock ratings changes:

BofA Issues 2 Industrial Upgrades, 2 Downgrades As Coronavirus Narrative Shifts

Trane Technologies' (TT) CEO Mike Lamach on Q3 2020 Results - Earnings Call Transcript

News for Trane Technologies plc Stock (TT)