Trane Technologies/$TT

13:30
21:10
04:45
12:25
20:00
1D1W1MYTD1Y5YMAX

About Trane Technologies

Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The $20 billion company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for over 80% of its revenue.

Ticker

$TT

Primary listing

NYSE

Industry

Building Products

Headquarters

Swords, Ireland

Employees

45,000

ISIN

IE00BK9ZQ967

TT Metrics

BasicAdvanced
$96B
35.69
$12.02
1.15
$3.46
0.88%

What the Analysts think about TT

Analyst ratings (Buy, Hold, Sell) for Trane Technologies stock.

Bulls say / Bears say

Trane Technologies raised its full-year profit and revenue forecasts for 2024, driven by strong demand for heating and air-conditioning systems from commercial builders. The company now expects an adjusted profit of $11.10 per share, up from the previous forecast of $10.80, and anticipates revenue growth of about 11%, exceeding the earlier estimate of 10%. (Reuters)
The company reported a significant increase in bookings, reaching a record $5.3 billion in Q2 2024, marking a 19% year-over-year growth. This robust demand indicates strong future revenue potential. (Investing.com)
Trane Technologies has consistently increased its quarterly dividend, with a 58% rise since March 2020, reflecting strong financial health and a commitment to returning value to shareholders. (Investing.com)
Wells Fargo & Company reduced its price target for Trane Technologies from $390.00 to $380.00, maintaining an underweight rating, indicating potential concerns about the company's valuation or future performance. (American Banking and Market News)
Despite strong performance, Trane Technologies' stock is trading at a high earnings multiple, which may suggest overvaluation and potential for a price correction. (Investing.com)
The company's free cash flow in Q1 2024 was $175 million, while it paid $190 million towards dividends, indicating a payout ratio exceeding 100%, which may raise concerns about the sustainability of its dividend payments. (Black Oak Financial)
Data summarised monthly by Lightyear AI. Last updated on 23 Jun 2025.

TT Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

TT Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

Buy $TT

Sign up or log in to buy
Capital at risk
Market open

Upcoming events

Jun30
Trane Technologies
Dividend·Payment
$0.94Per share
Sept5
Trane Technologies
Dividend·Ex-dividend
Sept30
Trane Technologies
Dividend·Payment
$0.94Per share
FAQs