Trane Technologies revenue and financials

TT · NYSE · USD

$470.76Change from previous close: +1.48%Absolute change: +$6.85

Close · October 5, 2026

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%.

Annual revenue · 2025: $21.32B
  1. $13.51B2016
  2. $14.2B2017
  3. $12.34B2018
  4. $13.08B2019
  5. $12.45B2020
  6. $14.14B2021
  7. $15.99B2022
  8. $17.68B2023
  9. $19.84B2024
  10. $21.32B2025

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.

Cash flow · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025
Operating cash flow1,0886261,1591,004692—
Depreciation and amortization11010190.888.398.1—
Capital expenditure-76.4-79.7-106-68.4-89.9—
Investing cash flow-147-756-85.4-68.6-101—
Financing cash flow-697-546-439-576-758—
Dividends paid-232-232-208-209-210—
Share repurchases-469-287-231-370-402—
Debt issued——0.00.0——
Debt repaid0.0-400-1.80.0-157—
Effect of exchange rates0.2-13.62.7-7.680.3—
Net change in cash244-676635359-167—
Free cash flow1,0115471,053936602—