Trane Technologies revenue and financials
$470.76Change from previous close: +1.48%Absolute change: +$6.85
In the fiscal year ended December 2025, Trane Technologies reported revenue of $21.32B (+7.48% year over year). Net income was $2.92B, a net margin of 13.7%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +7.48%
- 2025 vs 2024
- Net income growth
- +13.66%
- 2025 vs 2024
- Net margin
- 13.7%
- 2024: 12.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 3,195 | 3,146 | 2,390 | 1,504 | 1,588 | 1,435 | 1,920 | 1,408 | 1,524 | 1,522 |
| Depreciation and amortization | 376 | 379 | 348 | 324 | 299 | 294 | 397 | 362 | 353 | 352 |
| Capital expenditure | -383 | -371 | -301 | -292 | -223 | -146 | -205 | -285 | -221 | -183 |
| Investing cash flow | -640 | -563 | -1,172 | -540 | — | — | — | — | — | — |
| Financing cash flow | -2,496 | -2,021 | -1,350 | -1,852 | — | — | — | — | — | — |
| Dividends paid | -837 | -758 | -684 | -620 | -561 | -507 | -510 | -480 | -430 | -349 |
| Share repurchases | -1,481 | -1,281 | -669 | -1,200 | -1,100 | -250 | -750 | -900 | -1,017 | -250 |
| Debt issued | 0.0 | 499 | 699 | 0.0 | — | — | — | — | — | — |
| Debt repaid | -159 | -508 | -755 | -9.6 | — | — | — | — | — | — |
| Effect of exchange rates | 115 | -67.3 | 7.7 | -50.1 | — | — | — | — | — | — |
| Net change in cash | 58.7 | 562 | -133 | -889 | — | — | — | — | — | — |
| Free cash flow | 2,812 | 2,775 | 2,089 | 1,212 | — | — | — | — | — | — |