Trane Technologies (TT)
Builds HVAC, building-control, and transport-refrigeration systems under Trane and Thermo King.
$438.03
After hours+0.42 (+0.10%)
At close$437.61(+0.99%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,883 | 4,424 | 4,216 | 5,307 | 5,441 | 4,874 | 4,689 | 5,746 | 5,743 | 5,145 | 4,969 | 6,354 |
| Cost of revenue | 3,225 | 2,953 | 2,756 | 3,372 | 3,467 | 3,163 | 3,011 | 3,586 | 3,624 | 3,391 | 3,241 | 4,094 |
| Gross profit | 1,658 | 1,471 | 1,460 | 1,936 | 1,974 | 1,711 | 1,678 | 2,161 | 2,118 | 1,754 | 1,728 | 2,260 |
| 794 | 784 | 826 | 901 | 950 | 903 | 859 | 996 | 953 | 935 | 952 | 1,035 | |
| 794 | 784 | 829 | 901 | 950 | 903 | 859 | 996 | 953 | 935 | 952 | 1,035 | |
| General & administrative | 0 | 0 | 829 | 901 | 0 | 0 | 0 | 996 | 0 | 0 | 0 | 0 |
| Other expenses | 0 | 0 | −3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | 864 | 688 | 634 | 1,034 | 1,025 | 808 | 819 | 1,164 | 1,165 | 819 | 776 | 1,224 |
| −68 | −73 | −83 | −62 | −57 | −57 | −66 | −72 | −74 | −78 | −40 | −61 | |
| Interest income | 4 | 4 | 4 | 5 | 15 | 12 | 3 | 0 | 1 | 5 | 5 | 3 |
| Interest expense | 58 | 57 | 58 | 58 | 63 | 60 | 58 | 58 | 56 | 56 | 56 | 53 |
| Other non-operating income | 10 | 15 | 25 | 12 | −6 | −3 | 8 | 13 | 18 | 22 | −15 | 8 |
| Income before tax | 796 | 615 | 551 | 973 | 968 | 751 | 753 | 1,093 | 1,092 | 741 | 736 | 1,163 |
| Income tax expense | 158 | 98 | 106 | 206 | 181 | 135 | 135 | 217 | 232 | 123 | 136 | 218 |
| Net income from continuing operations | 639 | 517 | 445 | 767 | 787 | 615 | 618 | 876 | 860 | 619 | 600 | 945 |
| Discontinued operations | −7 | −9 | −5 | −7 | −9 | −3 | −9 | 3 | −9 | −22 | −10 | −10 |
| Net income | 626 | 504 | 436 | 755 | 772 | 604 | 605 | 875 | 848 | 591 | 584 | 926 |
| EPS, basic | $2.74 | $2.22 | $1.92 | $3.33 | $3.42 | $2.69 | $2.71 | $3.92 | $3.82 | $2.67 | $2.62 | $4.15 |
| EPS, diluted | $2.72 | $2.19 | $1.90 | $3.30 | $3.39 | $2.66 | $2.67 | $3.89 | $3.78 | $2.64 | $2.62 | $4.15 |
| Weighted average shares, basic | 229 | 227 | 227 | 227 | 226 | 224 | 223 | 223 | 223 | 224 | 223 | 223 |
| Weighted average shares, diluted | 231 | 230 | 230 | 229 | 228 | 227 | 226 | 225 | 224 | 224 | 223 | 223 |
| EBITDA | 946 | 760 | 700 | 1,119 | 1,126 | 907 | 910 | 1,249 | 1,236 | 888 | 893 | 1,326 |
| Depreciation & amortization | 92 | 88 | 92 | 96 | 95 | 97 | 99 | 98 | 88 | 91 | 101 | 110 |
| EBIT | 854 | 672 | 609 | 1,023 | 1,031 | 811 | 811 | 1,151 | 1,147 | 797 | 791 | 1,216 |