Trane Technologies Future Growth
Future criteria checks 2/6
Trane Technologies is forecast to grow earnings and revenue by 8.7% and 6.8% per annum respectively. EPS is expected to grow by 9.6% per annum. Return on equity is forecast to be 27.5% in 3 years.
Key information
8.7%
Earnings growth rate
9.6%
EPS growth rate
| Building earnings growth | 12.6% |
| Revenue growth rate | 6.8% |
| Future return on equity | 27.5% |
| Analyst coverage | Good |
| Last updated | 18 Nov 2024 |
Recent future growth updates
Recent updates
Trane Technologies Q3: Strong North America And Weak China
Oct 31Trane Technologies: Good Growth Prospects, But High Valuation Limits Upside (Rating Downgrade)
Jul 29Trane Technologies: It's Not Going To Get Cooler
Jun 12Trane Technologies: This Steaming Valuation Needs To Cool Down Before I Buy
May 31Trane Technologies: Strong Commercial HVAC Growth In FY24
Mar 20Don't Be Afraid To Hop Aboard The Trane
Feb 08Trane Technologies: Good Growth Prospects And A Reasonable Valuation
Nov 29Trane Technologies: Powering A Sustainable And Lucrative Future
Sep 21Trane Technologies: A Good Buy At Current Levels
Sep 08Trane Technologies: Riding Energy Efficiency And Decarbonization
Jun 27Trane Technologies: Buy For Good Total Return, But A Bit Pricey At Present
Feb 16Trane Technologies lifts dividend by 12% to $0.75/share
Feb 09Trane Technologies Q4 2022 Earnings Preview
Feb 01Trane Technologies Offers A Multipart Puzzle Between Industry Drivers, Macro Risk, And Valuation
Nov 09Trane Technologies Q3 2022 Earnings Preview
Nov 01Trane Technologies declares $0.67 dividend
Oct 12August sees sequential increase in Architectural Billings Index, expansionary mode for the 19th consecutive month
Sep 23Trane Technologies: Total Return Is Good And Has The Right Product At The Right Time
Aug 17Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 22,659 | 3,136 | 3,052 | 3,379 | 16 |
| 12/31/2025 | 21,169 | 2,828 | 2,827 | 3,144 | 24 |
| 12/31/2024 | 19,727 | 2,520 | 2,566 | 2,913 | 21 |
| 9/30/2024 | 19,388 | 2,498 | 2,852 | 3,181 | N/A |
| 6/30/2024 | 18,830 | 2,350 | 2,477 | 2,800 | N/A |
| 3/31/2024 | 18,227 | 2,180 | 2,321 | 2,628 | N/A |
| 12/31/2023 | 17,678 | 2,051 | 2,089 | 2,390 | N/A |
| 9/30/2023 | 17,327 | 1,982 | 1,909 | 2,215 | N/A |
| 6/30/2023 | 16,816 | 1,905 | 1,521 | 1,803 | N/A |
| 3/31/2023 | 16,302 | 1,823 | 1,407 | 1,701 | N/A |
| 12/31/2022 | 15,992 | 1,778 | 1,212 | 1,504 | N/A |
| 9/30/2022 | 15,487 | 1,660 | 867 | 1,171 | N/A |
| 6/30/2022 | 14,835 | 1,523 | 782 | 1,071 | N/A |
| 3/31/2022 | 14,474 | 1,477 | 886 | 1,140 | N/A |
| 12/31/2021 | 14,136 | 1,444 | 1,365 | 1,588 | N/A |
| 9/30/2021 | 13,746 | 1,364 | 1,609 | 1,788 | N/A |
| 6/30/2021 | 13,522 | 1,351 | 2,144 | 2,308 | N/A |
| 3/31/2021 | 12,831 | 1,162 | 1,867 | 2,023 | N/A |
| 12/31/2020 | 12,455 | 977 | 1,289 | 1,435 | N/A |
| 9/30/2020 | 12,459 | 941 | 1,532 | 1,675 | N/A |
| 6/30/2020 | 12,435 | 917 | 1,232 | 1,403 | N/A |
| 3/31/2020 | 12,914 | 1,051 | 1,453 | 1,645 | N/A |
| 12/31/2019 | 13,076 | 1,145 | 1,714 | 1,920 | N/A |
| 9/30/2019 | 13,787 | 1,184 | 1,298 | 1,564 | N/A |
| 6/30/2019 | 14,347 | 1,329 | 1,129 | 1,424 | N/A |
| 3/31/2019 | 15,087 | 1,374 | 1,060 | 1,421 | N/A |
| 12/31/2018 | 12,344 | 1,008 | 1,123 | 1,408 | N/A |
| 9/30/2018 | 15,391 | 1,601 | 1,225 | 1,548 | N/A |
| 6/30/2018 | 15,031 | 1,438 | N/A | 1,496 | N/A |
| 3/31/2018 | 14,582 | 1,334 | N/A | 1,501 | N/A |
| 12/31/2017 | 14,198 | 1,328 | N/A | 1,524 | N/A |
| 9/30/2017 | 13,938 | 1,037 | N/A | 1,278 | N/A |
| 6/30/2017 | 13,836 | 1,037 | N/A | 1,499 | N/A |
| 3/31/2017 | 13,615 | 1,441 | N/A | 1,486 | N/A |
| 12/31/2016 | 13,509 | 1,443 | N/A | 1,522 | N/A |
| 9/30/2016 | 13,476 | 1,478 | N/A | 1,715 | N/A |
| 6/30/2016 | 13,395 | 1,427 | N/A | 1,109 | N/A |
| 3/31/2016 | 13,307 | 756 | N/A | 969 | N/A |
| 12/31/2015 | 13,301 | 689 | N/A | 888 | N/A |
| 9/30/2015 | 13,215 | 667 | N/A | 729 | N/A |
| 6/30/2015 | 13,114 | 652 | N/A | 1,012 | N/A |
| 3/31/2015 | 13,056 | 880 | N/A | 970 | N/A |
| 12/31/2014 | 12,891 | 897 | N/A | 973 | N/A |
| 9/30/2014 | 12,750 | 762 | N/A | 707 | N/A |
| 6/30/2014 | 12,579 | 676 | N/A | 794 | N/A |
| 3/31/2014 | 12,434 | 633 | N/A | 978 | N/A |
| 12/31/2013 | 12,351 | 606 | N/A | 1,092 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TT's forecast earnings growth (8.7% per year) is above the savings rate (2.6%).
Earnings vs Market: TT's earnings (8.7% per year) are forecast to grow slower than the US market (15.3% per year).
High Growth Earnings: TT's earnings are forecast to grow, but not significantly.
Revenue vs Market: TT's revenue (6.8% per year) is forecast to grow slower than the US market (8.9% per year).
High Growth Revenue: TT's revenue (6.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TT's Return on Equity is forecast to be high in 3 years time (27.5%)