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Trane Technologies plc

TT

Last
$476.98
Day
+1.5%
1y
+12.3%
5y
+168.6%
52w
-7.1%
SPY YTD
+13.3%
XLI
+6.6%
Earnings
2026-10-2919d
EMA 21
456.17
EMA 50
455.56
EMA 200
449.25
20d high
-2.2%
5y high
-7.1%
5y range
91th
Website · 44,000 employees · Ireland

Positions held

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Score
62
Hold
swing
Signal
Strong Buy
Target
$503.20
Stop
$453.31
Stop distance
5.0%
Target vs last
+5.5%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-07.

Bull case
  • Trane Technologies operates in a competitive industry with a strong focus on sustainability and energy efficiency, positioning itself well against rivals in the building products sector.
  • Revenue increased by 28% compared to the prior quarter, reaching $6.4 billion.
  • Operating margin expanded to 19.3%, up from 15.6% in the previous quarter.
Bear case
  • Despite its growth, Trane Technologies has a high trailing P/E ratio of 35.5, which may deter value-focused investors.
  • The debt-to-equity ratio stands at 53.4, indicating a reliance on debt financing.
  • The current ratio is 1.07, suggesting only a slight buffer to cover short-term liabilities.

Fundamentals

Market cap$103.40BEnterprise value$106.72BTrailing P/E35.02Forward P/E26.72
PEG1.65Price / book12.01Beta1.16Dividend yield0.89%
Revenue growth10.6%Earnings growth7.1%Gross margin35.4%Operating margin19.3%
Profit margin13.3%ROE36.6%ROA11.0%Debt / equity0.53
Current ratio1.07Free cash flow$3.12BAnalyst recommendationbuyMean target$526.67
52w high$505.8752w low$348.06

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$6.4B$5.0B$5.1B$5.7B$5.7B—
Op margin19.3%15.6%15.9%20.3%20.3%—
Net income$926M$584M$591M$848M$875M—
Gross margin35.6%34.8%34.1%36.9%37.6%—
Gross profit$2.3B$1.7B$1.8B$2.1B$2.2B—
Operating income$1.2B$776M$819M$1.2B$1.2B—
  • Revenue +28% vs prior quarter ($6.4B vs $5.0B).
  • Gross margin 35.6% (was 34.8% prior quarter).
  • Operating margin expanded to 19.3%.

Yearly (6y)

2025202420232022
Revenue$21.3B$19.8B$17.7B$16.0B
Op margin18.6%17.6%16.4%15.1%
Net income$2.9B$2.6B$2.0B$1.8B
Gross margin36.2%35.7%33.1%31.0%
Gross profit$7.7B$7.1B$5.9B$5.0B
Operating income$4.0B$3.5B$2.9B$2.4B
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

TT · daily+13.2% over 260 sessions
Close EMA21 EMA50 EMA200
340.17383.57426.97470.36513.762025-092025-112026-012026-042026-062026-082026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$1.6B$3.2B$4.8B$6.4B0%19%38%2025-Q22025-Q32025-Q42026-Q12026-Q2