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Saturday 17 October 2026 Export TT’s income statement to Excel — free account

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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Trane Technologies plc (TT) Net margin

Alert me on Net margin

Trane Technologies plc's net margin over the twelve months to 30 June 2026 was 13.3%, down 0.4 percentage points from fiscal 2025 (13.7%). Over the past ten years it has ranged from 5.00% (fiscal 2015) to 13.7% (fiscal 2025) — the current reading is the highest in ten years. That is above the Building Products & Equipment industry median of 4.05% and above the Industrials sector median of 2.22%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 13.7% 0.75
FY2024 12.9% 1.49
FY2023 11.5% 0.47
FY2022 11.0% 0.91
FY2021 10.1% 3.21
FY2020 6.86% (3.93)
FY2019 10.8% (0.05)
FY2018 10.8% 1.67
FY2017 9.17% (1.76)
FY2016 10.9% 5.93

Quarterly newest first

Period Net margin Change (points)
Jun 2026 14.6% 2.81
Mar 2026 11.8% 0.27
Dec 2025 11.5% (3.27)
Sep 2025 14.8% (0.46)
42 more quarters

Against its own ten years

Low 5.00% High 13.7%
Ten-year median 10.8%
Current reading's percentile 88

Net margin against peers

Company Net margin
LII Lennox International, Inc. compare 14.9%
JCI Johnson Controls International plc compare 14.3%
CSL Carlisle Companies Incorporated compare 14.2%
WMS Advanced Drainage Systems, Inc. compare 14.0%
TT Trane Technologies plc 13.3%
MAS Masco Corporation compare 11.6%
SPXC SPX Technologies, Inc. compare 11.3%
CARR Carrier Global Corporation compare 5.52%
OC Owens Corning Inc compare −6.81%
Building Products & Equipment industry median 4.05%
Industrials sector median 2.22%
Market median 0.45%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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