Trane Technologies plc

TT Industrials Building Products & Equipment

Trane Technologies plc’s revenue for fiscal 2025 (year ended December 2025) was $21.3 billion, up 7.48% from fiscal 2024. In the quarter to June 2026, revenue grew 10.6%, EPS grew 6.94%, free cash flow grew 67.9% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for three; insiders bought in the last twelve months.

458.89 1.53 +0.33%
Market cap
$100.6B
P/E
34.8×
Fwd P/E
30.8×
Dividend yield
0.89%
F-score
9/9
Altman Z
6.44
Beneish M
−2.46
Dividend safety
89/100

Trane Technologies plc 10-Q filed Jul 30, 2026

Fiscal Q2 2026 · Period ended Jun 30, 2026 · Filed · accepted 4:45 PM ET · Document on sec.gov · Filing index

What changed

Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Apr 30, 2026: 12 added · 4 removed · 24 modified; 14 with only figures updated

  1. Modified · Recent Acquisitions and Other Investments

    On February 17, 2026, we acquired Stellar Energy Americas, Inc., a leading provider of turnkey data center cooling solutions. The results of this acquisition are reported within the Americas segment as of the date of acquisition. Additionally, during the first quarterhalf of 2026, we completed several other acquisitions. We acquired all remaining interest in LiquidStack, a provider of advanced liquid cooling solutions for data centers, in which the Company previously held a minority interest, that is reported within the Americas segment as of the date of acquisition. We also acquired twoseveral Transport refrigeration distributors that are reported inwithin the Americas and EMEA segments, as applicable, as of their respective dates of acquisition. We also acquired an exclusive sales channel for Trane products reported in the EMEA segment as of the date of acquisition. We also acquired a 49% interest in Kieback&Peter, a provider of building automation hardware, software and solutions across the building lifecycle and energy management. Our minority interest is reported as an equity method investment within the EMEA segment.

39 more changes in this Item, word by word, in Powerpack.

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