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Trane Technologies plc (TT)

447.90 +3.76 (+0.85%)
At close: September 4 at 4:00:02 PM EDT
444.91 -2.99 (-0.67%)
After hours: September 4 at 7:47:28 PM EDT
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Dividend
TT announced a cash dividend of $1.05 with an ex-date of Sep. 4, 2026
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What's happening with TT?

13m ago
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Trane Technologies (TT) has shown solid growth with a 10.6% revenue increasein Q2 2026, but has underperformed relative to major indices. Analysts maintain a consensus of 'Moderate Buy' with a mean price target of $532.28, indicating potential upside despite premium valuation concerns.

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  • Previous Close 444.14
  • Open 443.15
  • Bid 447.86 x 8000
  • Ask 447.60 x 8000
  • Day's Range 442.00 - 449.30
  • 52 Week Range 348.06 - 505.87
  • Volume 961,473
  • Avg. Volume 1,205,145
  • Market Cap (intraday) 98.548B
  • Beta (5Y Monthly) 1.20
  • PE Ratio (TTM) 33.23
  • EPS (TTM) 13.48
  • Earnings Date Oct 29, 2026
  • Forward Dividend & Yield 4.20 (0.94%)
  • Ex-Dividend Date Sep 4, 2026
  • 1y Target Est 526.99

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.

www.tranetechnologies.com

44,000

Full Time Employees

December 31

Fiscal Year Ends

Industrials

Sector

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

TT
15.62%
S&P 500 (^GSPC)
12.75%

1-Year Return

TT
9.17%
S&P 500 (^GSPC)
18.71%

3-Year Return

TT
123.85%
S&P 500 (^GSPC)
70.93%

5-Year Return

TT
137.45%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 6.35B
Earnings 925.7M
Profit Margin 14.57%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
2B
4B
6B
12.0%
13.0%
14.0%

Analyst Insights

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Analyst Price Targets

422.00 Low
526.99 Average
447.90 Current
575.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/14/2026
Analyst Bernstein
Rating Action Maintains
Rating Outperform
Price Action Raises
Price Target 555 -> 575

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    13.28%

  • Return on Assets (ttm)

    11.00%

  • Return on Equity (ttm)

    36.64%

  • Revenue (ttm)

    22.21B

  • Net Income Avi to Common (ttm)

    3B

  • Diluted EPS (ttm)

    13.48

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.32B

  • Total Debt/Equity (mrq)

    53.40%

  • Levered Free Cash Flow (ttm)

    3.12B

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