CSIMarket
 
Trane Technologies Plc  (TT)
Other Ticker:  
 
 
Price: $291.7700 $0.36 0.124%
Day's High: $294.84 Week Perf: 1.41 %
Day's Low: $ 291.25 30 Day Perf: 6.89 %
Volume (M): 638 52 Wk High: $ 294.84
Volume (M$): $ 186,003 52 Wk Avg: $212.73
Open: $293.82 52 Wk Low: $162.04



 Market Capitalization (Millions $) 67,333
 Shares Outstanding (Millions) 231
 Employees 37,000
 Revenues (TTM) (Millions $) 17,678
 Net Income (TTM) (Millions $) 2,042
 Cash Flow (TTM) (Millions $) -125
 Capital Exp. (TTM) (Millions $) 301

Trane Technologies Plc
Trane Technologies Plc is a global industrial manufacturing company that specializes in the design, manufacturing, and servicing of heating, ventilation, and air conditioning (HVAC) systems and commercial building solutions. Trane Technologies is headquartered in Swords, Ireland, and has its operational headquarters in Davidson, North Carolina, USA.

The company has a highly diversified portfolio of products and services that cater to a broad range of customers including, commercial, industrial, and residential customers. Trane Technologies operates in three key business segments, which include:

1. HVAC - This segment provides a complete range of heating, ventilating, and air conditioning products, including air quality products, control systems, and aftermarket service and support solutions. The HVAC segment accounts for the majority of the company's revenues.

2. Refrigeration - This segment focuses on commercial and industrial refrigeration solutions. It designs and manufactures products such as refrigerators, freezers, and transport refrigeration systems for food processing and transportation industries.

3. Building Services - This segment provides comprehensive building solutions that include energy management, systems optimization, and performance contracting services.

Trane Technologies has a strong presence in North America, Europe, and Asia-Pacific and employs more than 36,000 people worldwide. The company's reputation for innovation and design excellence has helped in building an enviable customer base that includes some of the world's largest commercial and industrial enterprises.

Trane Technologies was formed in March 2020 when Ingersoll-Rand Plc spun off its industrial businesses and merged with Gardner Denver Holdings, Inc. Trane Technologies operates as a publicly traded company with shares listed on the New York Stock Exchange (NYSE) under the symbol "TT". The company's advanced heating, ventilation, and air conditioning systems and industrial solutions are recognized worldwide for their quality, reliability, and energy efficiency. The company is committed to sustainability and reducing greenhouse gas emissions while delivering exceptional customer value.


   Company Address: 170/175 Lakeview Dr. Swords Co. Dublin 0
   Company Phone Number: 18707400   Stock Exchange / Ticker: NYSE TT
    Next quarterly dividend pay out on March 29, 2024.


Customers Net Income fell by TT's Customers Net Profit Margin fell to

-9.35 %

6.7 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
SWK   -3.57%    
CMI        6.06% 
DHR   -0.64%    
GE        1.46% 
PH   -0.38%    
RTX        3.9% 
• View Complete Report
   



Trane Technologies Plc

Trane Technologies Plc Surpasses Expectations with Impressive Q4 Revenue Surge in 2023

Trane Technologies plc, a global climate innovator, has shown remarkable growth and profitability in the fourth quarter of 2023, despite challenges faced by other companies in the Miscellaneous Manufacturing industry. The company's revenue increased by 8.599% to $4.42 billion compared to the previous year, while profitability rose by 15.82% to $2.21 per share. This strong performance can be attributed to the company's focus on improving profit margins and operating efficiency.
In the fourth quarter of 2023, Trane Technologies plc reported a net income of $507.600 million, which was a 14.32% increase from the previous year. The company also saw an increase in net margin to 11.47% and operating margin to 15.54%. Despite a decline in inventories to $2,152.1 million, the company's operating earnings rose by 18.43%. Accounts receivable also declined to $2,956.8 million, but remained higher than the previous year.

Dividend

Trane Technologies Raises Dividend by 12% to Reward Shareholders and Drive Growth

Published Wed, Feb 7 2024 10:44 AM UTC

Trane Technologies Announces 12% Dividend Increase, Rewarding Shareholders with Superior Growth Potential
Trane Technologies plc (NYSE:TT) recently announced a significant 12% increase to its dividend, making shareholders eligible for a quarterly dividend of $0.84 per ordinary share or $3.36 per share annually. This move, approved by the Board of Directors, showcases the...

Product Service News

Trane Technologies Acknowledged as Top Performer in Sustainability Rankings

Published Wed, Jan 17 2024 1:22 PM UTC

Trane Technologies Recognized for Exceptional Sustainability Performance Across Multiple RankingsSWORDS, Ireland - Trane Technologies (NYSE:TT), a global climate innovator, has once again been acknowledged for its outstanding commitment to sustainability with inclusion on several prestigious lists. The company has been named to Corporate Knights 2024 Global 100, ranking 23rd...

Product Service News

Triumphant Trane Technologies Tops in HVAC Trust, Leads in Sustainability, and Shines with Innovation Award

Published Thu, Jan 11 2024 1:30 PM UTC

In an era of growing climate change concerns and shifting consumer priorities, companies like Trane Technologies (NYSE:TT) stand head and shoulders above the rest due to their commitment to sustainable solutions, demonstrated by their multiple consecutive recognitions.Trane, a product by Trane Technologies, was named the top residential heating, ventilation, and air conditio...

Product Service News

Trane Technologies Continues to Shine as a Best-Managed Company, with Impressive Growth and Market Share Increase

Published Tue, Dec 19 2023 9:30 PM UTC


Trane Technologies Named One of the Best-Managed Companies for Third Consecutive Year
Trane Technologies, a global climate innovator, has once again secured its spot on The Wall Street Journal's prestigious list of the Best-Managed Companies. This recognition, awarded by the esteemed Drucker Institute, evaluates corporate effectiveness based on five key principles: ...






 

Trane Technologies Plc's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Trane Technologies Plc does not provide revenue guidance.

Earnings Outlook
Trane Technologies Plc does not provide earnings estimates.

 
Geographic Revenue Dispersion

Trane Technologies Plc's Operating Statistics Decrease / Increase
       
Air Conditioning Backlog (millions $)    Air Conditioning Backlog (millions $) Growth   




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com