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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Total assets | 23,926 | 22,755 | 21,421 | 21,374 | 20,991 | — |
| Current assets | 9,007 | 8,001 | 7,863 | 7,860 | 7,506 | — |
| Cash and equivalents | 1,318 | 1,074 | 1,763 | 1,126 | 774 | — |
| Receivables | 4,235 | 3,770 | 3,235 | 3,603 | 3,607 | — |
| Inventory | 2,617 | 2,399 | 2,104 | 2,355 | 2,361 | — |
| Net property, plant and equipment | 2,393 | 2,340 | 2,251 | 2,211 | 2,178 | — |
| Goodwill | 7,032 | 6,957 | 6,457 | 6,444 | 6,446 | — |
| Other intangible assets | 3,518 | 3,563 | 3,237 | 3,271 | 3,309 | — |
| Current liabilities | 8,391 | 7,306 | 6,287 | 6,523 | 6,799 | — |
| Accounts payable | 2,976 | 2,417 | 2,154 | 2,397 | 2,529 | — |
| Long-term debt | 3,924 | 3,923 | 3,922 | 3,921 | 3,920 | — |
| Total debt | 4,617 | 4,616 | 4,615 | 4,616 | 4,615 | — |
| Total liabilities | 15,281 | 14,142 | 12,820 | 13,028 | 13,135 | — |
| Total equity (incl. minority) | 8,645 | 8,613 | 8,601 | 8,346 | 7,855 | — |
| Retained earnings | 10,526 | 10,491 | 10,422 | 10,314 | 9,808 | — |
| Minority interest | 22.2 | 21.6 | 21.7 | 20.0 | 21.0 | — |