Trane Technologies plc TT

454.44 15.90 3.63% as of 25 Sep
Market cap
$96.8B
P/E
34.5×
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Trane Technologies plc (TT) 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

Annual

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

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 100

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 0.55%

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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