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TT - Trane Technologies p...

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Trane Technologies plc

TT

NYSE

Trane Technologies plc, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of solutions for heating, ventilation, air conditioning, and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; auxiliary power units; chillers; coils and condensers; gensets; furnaces; heat pumps; home automation products; humidifiers; hybrid and non-diesel transport refrigeration, and ice energy storage solutions; indoor air quality assessments and related products; large and light commercial unitary products; motor replacements; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. The company also provides building management, control, ductless, geothermal, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, cryogenic, diesel-powered, electric-powered trailer and truck, hybrid-powered trailer, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration systems, as well as aftermarket and OEM parts and supplies. In addition, it offers energy and facility management, installation and performance contracting, repair and maintenance, and rental services. It markets and sells its products under the Trane and Thermo King brands through sales offices, distributors, and dealers in the United States; and through sales and service companies with a supporting chain of distributors worldwide. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. Trane Technologies plc was founded in 1885 and is headquartered in Swords, Ireland.

392.62 USD

9.31 (2.37%)

TT Financial Statements

Year

2024

2023

2022

2021

Total Revenue

19.84B

17.68B

15.99B

14.14B

Cost of Revenue

12.76B

11.82B

11.03B

9.67B

Gross Profit

7.08B

5.86B

4.96B

4.47B

Operating Expenses

3.58B

2.96B

2.55B

2.45B

Research and Development

0

252.3M

211.2M

193.5M

Selling, General & Administrative Expenses

3.58B

2.96B

2.55B

2.45B

Selling & Marketing Expenses

0

0

0

0

General & Administrative Expenses

0

0

0

0

Other Expenses

0

-252.3M

-23.3M

1.1M

Operating Income

3.5B

2.89B

2.42B

2.02B

Total Other Income/Expenses Net

-258.3M

-326.7M

-246.8M

-232.6M

Income Before Tax

3.24B

2.57B

2.17B

1.79B

Income Tax

627.6M

498.4M

375.9M

333.5M

Net Income

2.57B

2.02B

1.76B

1.42B

Basic EPS

11.44

8.91

7.55

5.96

EPS Diluted

11.24

8.77

7.48

5.87

Basic Average Shares

224.47M

227.17M

232.6M

238.7M

Diluted Average Shares

228.4M

230.7M

234.9M

242.3M

EBITDA

3.86B

3.15B

2.72B

2.32B

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

9.13B

8.32B

8.35B

8.5B

Net Income

2.57B

2.02B

1.76B

1.42B

Stock Repurchases

-1.28B

-669.3M

-1.2B

-1.1B

Dividend Paid

-757.5M

-683.7M

-620.2M

-561.1M

Retained Earnings

9.79B

9.13B

8.32B

8.35B

Other Distributions

-1.38B

-540.2M

-1.85B

-1.8B

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

2.02B

2.29B

1.54B

1.4B

Annual Depreciation

379.4M

343.5M

319.2M

294.1M

Capital Expenditure

-370.6M

-300.7M

-291.8M

-223M

Net PPE

2.02B

2.24B

1.51B

1.33B

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

32.6M

591.6M

-1.1M

162M

Goodwill (Previous Year)

6.1B

5.5B

5.5B

5.34B

Goodwill

6.13B

6.1B

5.5B

5.5B

All figures are in USD.

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