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Trane Technologies plc (TT) is a industrials company in the building products & equipment industry with $22.21B in trailing revenue trading at a 33.9× trailing P/E — analyst consensus: buy.
Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps; chillers; coils and condensers; auxiliary power, cold storage, and condensing units; controls contracting and commissioning, decarbonization programs, and gensets; dehumidifiers; energy and water efficiency programs; energy recovery ventilators and power solutions; energy storage; furnaces; home automation; humidifiers; HVAC performance-monitoring products; and indoor air quality assessments and related products for HVAC and transport solutions. The company also provides asset management, building management, bus air purification, bus and rail HVAC, container refrigeration, control, ductless, geothermal, data center and multi-pipe HVAC, package heating and cooling, rail refrigeration, residential air filtration, self and vehicle powered truck refrigeration, temporary heating and cooling, truck refrigeration, unitary, variable refrigerant flow, and trailer refrigeration systems. In addition, it offers industrial process refrigeration, installation contracting, lighting retrofit, medical grade refrigeration, refrigerant reclamation, renewable energy and storage, residential hybrid heating, telematics, thermostats/controls and associated digital, ventilation, and stationary cold storage solutions; packaged rooftop units; rate chambers; residential air filters; thermal energy storage; transport heater products; temperature freezers; energy infrastructure programs and management, repair and maintenance, smart and AI-enabled, and rental services; water source heat pumps; and aftermarket and OEM parts and supplies. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. The company was founded in 1885 and is headquartered in Swords, Ireland.
Key Statistics
Market Cap
$99.99B
Revenue (TTM)
$22.21B
EPS (TTM)
$13.41
EPS (Fwd est.)
$17.57
Employees
44,000
Trailing P/E
33.89
Forward P/E
25.86
PEG Ratio
1.55
Price / Sales
4.50
Price / Book
11.61
EV / EBITDA
23.98
Beta (5Y)
1.20
Analyst Consensus
Consensus
Buy
Analyst Price Target
+16.1% upside
Target: $527.40
Annual Revenue & Net Income
RevenueNet Income
'22
$15.99B
$1.76B
'23
$17.68B
$2.02B
'24
$19.84B
$2.57B
'25
$21.32B
$2.92B
Earnings History
Quarter
Actual EPS
Estimate
Result
Jul 2026
$4.31
$4.26
Beat (+1.1%)
Apr 2026
$2.63
$2.53
Beat (+3.9%)
Jan 2026
$2.86
$2.81
Beat (+1.6%)
Oct 2025
$3.88
$3.78
Beat (+2.7%)
Next Earnings Report
Trane Technologies plc is next expected to report earnings on 29 Oct 2026.
Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps; chillers; coils and condensers; auxiliary power, cold storage, and condensing units; controls contracting and commissioning, deca…
What is TT's market cap?
Trane Technologies plc has a market capitalization of approximately $99.99B.
What is TT's P/E ratio?
Trane Technologies plc trades at a trailing P/E ratio of 33.9x and a forward P/E of 25.9x, which is above the broad market average of ~25x.
How much revenue does TT generate?
Trane Technologies plc generated $22.21B in trailing 12-month revenue.
What do analysts say about TT?
The analyst consensus rating for Trane Technologies plc is buy, with a mean price target of $527.40. That implies +16.1% upside from the current price.
When does TT report earnings?
Trane Technologies plc is next scheduled to report earnings on 29 Oct 2026.
Does TT pay a dividend?
Yes. Trane Technologies plc pays a dividend with a current yield of 0.92%, at an annual rate of $4.20 per share.
View live charts, options flow, gamma exposure, earnings history, and technical analysis for Trane Technologies plc on Apsis Markets.