Trane Technologies financials
$455.59+0.78%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 |
|---|---|---|---|---|---|---|
| Revenue | $21.32B | $19.84B | $17.68B | $15.99B | $14.14B | $12.45B |
| Gross profit | $7.71B | $7.08B | $5.86B | $4.96B | $4.47B | $3.80B |
| Gross margin | 36.2% | 35.7% | 33.1% | 31.0% | 31.6% | 30.5% |
| Operating income | $3.97B | $3.50B | $2.89B | $2.42B | $2.02B | $1.53B |
| Net income | $2.92B | $2.57B | $2.02B | $1.76B | $1.42B | $854.9M |
| Net margin | 13.7% | 12.9% | 11.4% | 11.0% | 10.1% | 6.9% |
| Diluted EPS | $12.98 | $11.24 | $8.77 | $7.48 | $5.87 | $3.52 |
| EBITDA | $4.34B | $3.88B | $3.24B | $2.74B | $2.32B | $1.83B |
| Operating cash flow | $3.19B | $3.15B | $2.39B | $1.50B | $1.59B | $1.44B |
| Free cash flow | $2.81B | $2.77B | $2.09B | $1.21B | $1.37B | $1.29B |
| Diluted shares | 224.9M | 228.4M | 230.7M | 234.9M | 242.3M | 243.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.76B | $1.59B | $1.10B | $1.22B | $2.16B | $3.29B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $4.62B | $4.77B | $4.78B | $4.84B | $4.84B | $5.27B |
| Total assets | $21.42B | $20.15B | $19.39B | $18.08B | $18.06B | $18.16B |
| Total liabilities | $12.82B | $12.66B | $12.37B | $11.98B | $11.79B | $11.73B |
| Shareholders' equity | $8.60B | $7.49B | $7.02B | $6.11B | $6.27B | $6.43B |
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