Trane Technologies is executing well, with revenue growth accelerating to 10.6% in 2026Q2 and gross margin expanding to 35.6%, reflecting strong pricing power and favorable mix. The company's asset-light model (capex only 1.9% of revenue) and robust cash conve...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth accelerated to 10.6% in 2026Q2, with gross margin expanding to 35.6% and operating margin reaching 19.3%, driven by operating leverage and cost discipline.
Trane Technologies is a global leader in providing efficient and sustainable climate solutions for buildings, homes, and transportation, positioning it well for growing demand in environmental products and services.
With over 50 million installed HVAC systems globally, Trane benefits from a recurring revenue stream through maintenance, parts, and upgrades, making it more of a subscription-like business than a cyclical industrial.
Trane holds leading positions in premium commercial, residential, institutional, and industrial markets, reinforcing its competitive moat and brand strength.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 30, 2026 | $4.31+0.9% vs $4.27 | $6.4B+2.5% vs $6.2B |
Q2 2026 Apr 30, 2026 | $2.63+4.0% vs $2.53 | $5.0B+3.2% vs $4.8B |
Q1 2026 Jan 29, 2026 | $2.86+1.8% vs $2.81 | $5.1B+1.1% vs $5.1B |
Q4 2025 Oct 30, 2025 | $3.88+2.1% vs $3.80 | $5.7B-0.6% vs $5.8B |
Investors looking for stocks in the Technology Services sector might want to consider either Gen Digital (GEN) or Trane Technologies (TT). But which of these two stocks presents investors with the better value opportunity right now?
Trane Technologies plc (TT) Presents at Morgan Stanley's 14th Annual Laguna Conference Transcript
In the closing of the recent trading day, Trane Technologies (TT) stood at $426.01, denoting a -3.73% move from the preceding trading day.
TT's strong backlog, robust HVAC demand and rising earnings estimates highlight its growth prospects and financial flexibility.
Benchmark TT against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Trane Technologies plc (TT)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $437.82 | $96.78B | 33.73 | 7.48% | 13.69% | 36.28% | 0.86% | |
| $55.26 | $45.55B | 32.51 | -3.29% | 5.52% | 8.68% | — | |
| $146.44 | $88.7B | 55.68 | 2.81% | 14.32% | 26.89% | — | |
| $371.68 | $12.85B | 16.73 | -2.73% | 14.61% | 65.3% | — | |
| $79.27 | $6.49B | 61.45 | 20.11% | 8.24% | 17.21% | — | |
| $130.73 | $10.02B | 24.03 | 5.03% | 14% | 30.01% | — |
Trane Technologies plc (TT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Trane Technologies plc (TT) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 30, 2026·SEC
Jul 22, 2026·SEC
Jun 10, 2026·SEC
Get notified when TT posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
Trane Technologies plc (TT) stock FAQ — growth, dividends, profitability & financials explained
Trane Technologies plc (TT) reported $22.21B in revenue for fiscal year 2025. This represents a 231% increase from $6.70B in 1996.
Trane Technologies plc (TT) grew revenue by 7.5% over the past year. This is steady growth.
Yes, Trane Technologies plc (TT) is profitable, generating $2.95B in net income for fiscal year 2025 (13.7% net margin).
Yes, Trane Technologies plc (TT) pays a dividend with a yield of 0.86%. This makes it attractive for income-focused investors.
Trane Technologies plc (TT) has a return on equity (ROE) of 36.3%. This is excellent, indicating efficient use of shareholder capital.
Trane Technologies plc (TT) generated $3.75B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
