profit from every $100 of sales.
$0$100
Trane Technologies
$417.99-1.43% today
+0.8% in 1 year
1-year low $376.431-year high $503.46
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $31.35 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Trane Technologies sold, what it kept, and what it did with the cash.
Sales went from $16.0 billion in 2022 to $21.3 billion in 2025, with $2.92 billion of profit last year.
SalesProfit
Trane Technologies handed back 82% of the cash it generated last year.
Buybacks $1.5B$837M
Free cash flow 2025$2.8B
Bought back its own shares$1.5B
Paid as dividends$837M
Cash vs. debt$1.8B vs. $4.6B
Trane Technologies vs. similar companies
Trane Technologies grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Trane Technologies | 31.3× · Expensive | ||
 Johnson Controls International | 29.6× · Fair price | ||
 Carrier Global | 29.9× · Fair price | ||
 Daikin Industries,Ltd. | 24.7× · Fair price | ||
 Compagnie de Saint-Gobain | 12.7× · Cheap |
Compare Trane Technologies with Automatic Data Processing · Ametek · Boeing · Caterpillar · Cummins · Canadian Pacific Kansas City · CSX · Cintas
AI analysis
An AI analyst reads Trane Technologies's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 12,455 | 14,136 | 15,992 | 17,678 | 19,838 | 21,322 | |
| – | – | 4,965 | 5,857 | 7,081 | 7,710 | |
| 1,533 | 2,023 | 2,419 | 2,894 | 3,500 | 3,967 | |
| 1,831 | 2,324 | 2,719 | 3,150 | 3,860 | 4,282 | |
| 855 | 1,423 | 1,757 | 2,024 | 2,568 | 2,919 | |
| 3.52 | 5.87 | 7.48 | 8.77 | 11.24 | 12.98 | |
| – | – | 31.0% | 33.1% | 35.7% | 36.2% | |
| 12.3% | 14.3% | 15.1% | 16.4% | 17.6% | 18.6% | |
| 6.9% | 10.1% | 11.0% | 11.4% | 12.9% | 13.7% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 18,157 | 18,060 | 18,082 | 19,392 | 20,147 | 21,421 |
| Cash | 3,290 | 2,159 | 1,221 | 1,095 | 1,590 | 1,763 |
| Total debt | 5,272 | 4,842 | 4,836 | 4,780 | 4,770 | 4,615 |
| Total liabilities | 11,730 | 11,787 | 11,976 | 12,375 | 12,660 | 12,820 |
| 6,408 | 6,256 | 6,089 | 6,995 | 7,457 | 8,579 | |
| 243 | 242 | 235 | 231 | 228 | 225 | |
| 10.4% | 14.4% | 17.3% | 18.8% | 22.5% | 23.4% | |
| 13.3% | 22.8% | 28.8% | 28.9% | 34.4% | 34.0% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,435 | 1,588 | 1,504 | 2,390 | 3,146 | 3,195 | |
| 146 | 223 | 292 | 301 | 371 | 383 | |
| 1,289 | 1,365 | 1,212 | 2,089 | 2,775 | 2,812 | |
| Dividends paid | 507 | 561 | 620 | 684 | 758 | 837 |
| 250 | 1,100 | 1,200 | 669 | 1,281 | 1,481 | |
| 70 | 67 | 56 | 64 | 83 | 87 |
Valuation
- 31.3×
- 28.1×
- 1.05
- 10.5×
- 4.3×
- 32.5×
- 22.0×
- 3.1%
- 3.2%
- 0.9%
Profitability
- 36.2%
- 18.6%
- 13.7%
- 19.7%
- 24.0%
- 21.0%
- 34.7%
- 12.7%
- 25.4%
- –
Growth
- +11.4%
- +29.8%
- +1.3%
- +12.1%
- −1.4%
Financial health
- 0.7×
- 0.54
- 20.3%
- 17.2×
- 1.25
- 0.77
- 0.95
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 4%of 982
Top 14%of 991
Bottom 28%of 875
Top 30%of 988
Bottom 42%of 988
What analysts expect
- Average price target
- $518.50
- Range
- $450.00 – $585.00
- 7 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 30, 2026 | 2.63 | 2.53 | +4.0% |
| Jan 29, 2026 | 2.86 | 2.81 | +1.8% |
| Oct 30, 2025 | 3.88 | 3.80 | +2.1% |
| Jul 30, 2025 | 3.88 | 3.79 | +2.4% |
| Apr 30, 2025 | 2.45 | 2.20 | +11.4% |
| Jan 30, 2025 | 2.61 | 2.52 | +3.6% |
| Oct 30, 2024 | 3.37 | 3.25 | +3.7% |
| Jul 31, 2024 | 3.30 | 3.08 | +7.1% |
0.9%of the share price, paid each year
On $1,000 invested$9a year at today's yield, before tax
+12.1%2020 to 2025
Raised10 yearsin a row, in our data
Paid per share, each year
$0.90 in 2015 → $3.76 in 2025
How safe it looks
28.7% of its profit
Room to growStretchedMore than it earns: 29.8%
News
Data Centers Don't Just Need Power -- They Need Cooling. Trane and Carrier Sell It.Yahoo Finance · Aug 20, 2026Trane Technologies, Eaton unveil power and cooling design for AI data centersSeeking Alpha · Aug 17, 2026The newest story we have is from Aug 20, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
67Pass
Benjamin Graham
44No pass
Philip Fisher
76Pass
Peter Lynch
84Pass
Joel Greenblatt
34No pass
Charlie Munger
71Pass
Terry Smith
68Pass
Questions about Trane Technologies
Is Trane Technologies a good stock to buy?
A solid business, but the price is high. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Trane Technologies AI analysis
What does Trane Technologies do?
Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It is in Building Products & Equipment, based in Swords, Ireland, with 44,000 employees.
Does Trane Technologies pay a dividend?
Yes. At today's price the dividend is 0.9% a year, about 29% of its yearly profit. In 2025 it paid out $837 million in dividends.
Is Trane Technologies stock halal?
Yes. Trane Technologies passes our halal screen: its business is permitted and its debt is 5% of its market value, under the 30% limit. How we check
How has Trane Technologies stock done over the past year?
Up 0.8% over the past twelve months, to $417.99. It traded between $376.43 and $503.46 and is 17.0% below its high.
Who are Trane Technologies's competitors?
The largest listed companies in the same industry are Johnson Controls International, Carrier Global, Daikin Industries,Ltd. and Compagnie de Saint-Gobain. The peers table on this page compares their profit, growth and price with Trane Technologies's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.