company background image
TT logo

Trane Technologies NYSE:TT Stock Report

Last Price

US$317.34

Market Cap

US$72.1b

7D

7.5%

1Y

68.3%

Updated

30 Apr, 2024

Data

Company Financials +

TT Stock Overview

Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, custom, and custom and transport refrigeration in Ireland and internationally.

TT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance6/6
Financial Health4/6
Dividends4/6

Trane Technologies plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Trane Technologies
Historical stock prices
Current Share PriceUS$317.34
52 Week HighUS$327.09
52 Week LowUS$162.04
Beta1.23
1 Month Change5.71%
3 Month Change25.90%
1 Year Change68.30%
3 Year Change81.63%
5 Year Change160.11%
Change since IPO10,906.01%

Recent News & Updates

Trane Technologies: Strong Commercial HVAC Growth In FY24

Mar 20

Recent updates

Trane Technologies: Strong Commercial HVAC Growth In FY24

Mar 20

Don't Be Afraid To Hop Aboard The Trane

Feb 08

Trane Technologies: Good Growth Prospects And A Reasonable Valuation

Nov 29

Trane Technologies: Powering A Sustainable And Lucrative Future

Sep 21

Trane Technologies: A Good Buy At Current Levels

Sep 08

Trane Technologies: Riding Energy Efficiency And Decarbonization

Jun 27

Trane Technologies: Buy For Good Total Return, But A Bit Pricey At Present

Feb 16

Trane Technologies lifts dividend by 12% to $0.75/share

Feb 09

Trane Technologies Q4 2022 Earnings Preview

Feb 01

Trane Technologies Offers A Multipart Puzzle Between Industry Drivers, Macro Risk, And Valuation

Nov 09

Trane Technologies Q3 2022 Earnings Preview

Nov 01

Trane Technologies declares $0.67 dividend

Oct 12

August sees sequential increase in Architectural Billings Index, expansionary mode for the 19th consecutive month

Sep 23

Trane Technologies: Total Return Is Good And Has The Right Product At The Right Time

Aug 17

Trane Technologies Q2 2022 Earnings Preview

Aug 02

We Believe Trane Technologies Is Finally In 'Buy' Territory

May 31

Apparently, It's Not So Hard To Stop A Trane

Feb 11

Shareholder Returns

TTUS BuildingUS Market
7D7.5%2.1%-0.7%
1Y68.3%47.6%22.3%

Return vs Industry: TT exceeded the US Building industry which returned 48.4% over the past year.

Return vs Market: TT exceeded the US Market which returned 22.8% over the past year.

Price Volatility

Is TT's price volatile compared to industry and market?
TT volatility
TT Average Weekly Movement3.6%
Building Industry Average Movement4.8%
Market Average Movement6.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: TT has not had significant price volatility in the past 3 months.

Volatility Over Time: TT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
188540,000Dave Regnerywww.tranetechnologies.com

Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, custom, and custom and transport refrigeration in Ireland and internationally. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps, auxiliary power units; chillers; coils and condensers; gensets; dehumidifiers; ductless; furnaces; home automation products; humidifiers; indoor air quality assessments and related products; large and light commercial unitary products; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. The company also provides building management, telematic, control, energy efficiency and infrastructure program, geothermal, thermal energy, thermostats, rate chambers, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, diesel-powered, truck, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration and air filtration systems, as well as aftermarket and OEM parts and supplies.

Trane Technologies plc Fundamentals Summary

How do Trane Technologies's earnings and revenue compare to its market cap?
TT fundamental statistics
Market capUS$72.06b
Earnings (TTM)US$2.05b
Revenue (TTM)US$17.68b

35.1x

P/E Ratio

4.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TT income statement (TTM)
RevenueUS$17.68b
Cost of RevenueUS$11.82b
Gross ProfitUS$5.86b
Other ExpensesUS$3.81b
EarningsUS$2.05b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)9.03
Gross Margin33.13%
Net Profit Margin11.60%
Debt/Equity Ratio68.1%

How did TT perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

33%

Payout Ratio

Does TT pay a reliable dividends?

See TT dividend history and benchmarks
When do you need to buy TT by to receive an upcoming dividend?
Trane Technologies dividend dates
Ex Dividend DateJun 07 2024
Dividend Pay DateJun 28 2024
Days until Ex dividend36 days
Days until Dividend pay date57 days

Does TT pay a reliable dividends?

See TT dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.