Trane Technologies financials
$455.59+0.78%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.35B | $4.97B | $5.14B | $5.74B | $5.75B | $4.69B | $4.87B | $5.44B | $5.31B | $4.22B | $4.42B | $4.88B |
| Gross profit | $2.26B | $1.73B | $1.75B | $2.12B | $2.16B | $1.68B | $1.71B | $1.97B | $1.94B | $1.46B | $1.47B | $1.66B |
| Gross margin | 35.6% | 34.8% | 34.1% | 36.9% | 37.6% | 35.8% | 35.1% | 36.3% | 36.5% | 34.6% | 33.3% | 34.0% |
| Operating income | $1.22B | $776.1M | $819.0M | $1.17B | $1.16B | $818.9M | $807.6M | $1.02B | $1.03B | $633.8M | $687.6M | $864.2M |
| Net income | $925.7M | $584.4M | $591.3M | $847.6M | $874.8M | $604.9M | $604.3M | $772.0M | $755.3M | $436.3M | $504.3M | $626.3M |
| Net margin | 14.6% | 11.8% | 11.5% | 14.8% | 15.2% | 12.9% | 12.4% | 14.2% | 14.2% | 10.3% | 11.4% | 12.8% |
| Diluted EPS | $4.16 | $2.62 | $2.64 | $3.78 | $3.89 | $2.67 | $2.66 | $3.39 | $3.30 | $1.90 | $2.19 | $2.72 |
| EBITDA | $1.33B | $877.2M | $909.8M | $1.25B | $1.26B | $918.0M | $904.3M | $1.12B | $1.13B | $725.3M | $687.6M | $956.2M |
| Operating cash flow | $1.09B | $626.2M | $1.16B | $1.00B | $692.1M | $339.5M | $899.9M | $1.30B | $695.9M | $247.2M | $934.8M | $922.3M |
| Free cash flow | $1.01B | $546.5M | $1.05B | $935.6M | $602.2M | $220.6M | $774.3M | $1.21B | $623.0M | $163.4M | $851.3M | $839.1M |
| Diluted shares | 222.5M | 223.1M | 223.7M | 224.4M | 225.1M | 226.4M | 227.4M | 228.0M | 228.7M | 229.5M | 230.4M | 230.6M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.32B | $1.07B | $1.76B | $1.13B | $774.2M | $860.5M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $4.62B | $4.62B | $4.62B | $4.62B | $4.62B | $4.77B |
| Total assets | $23.93B | $22.75B | $21.42B | $21.37B | $20.99B | $20.12B |
| Total liabilities | $15.28B | $14.14B | $12.82B | $13.03B | $13.14B | $12.60B |
| Shareholders' equity | $8.65B | $8.61B | $8.60B | $8.35B | $7.86B | $7.52B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology