Trane Technologies (TT) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
19.8B
Gross Profit
7.1B
35.69%
Operating Income
3.5B
17.64%
Net Income
2.6B
13.05%
EPS (Diluted)
$11.24
Balance Sheet Metrics
Total Assets
20.1B
Total Liabilities
12.7B
Shareholders Equity
7.5B
Debt to Equity
1.69
Cash Flow Metrics
Operating Cash Flow
3.1B
Free Cash Flow
2.8B
Revenue & Profitability Trend
Trane Technologies Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 19.8B | 17.7B | 16.0B | 14.1B | 12.5B |
| Cost of Goods Sold | 12.8B | 11.8B | 11.0B | 9.7B | 8.7B |
| Gross Profit | 7.1B | 5.9B | 5.0B | 4.5B | 3.8B |
| Operating Expenses | 3.6B | 3.0B | 2.5B | 2.4B | 2.3B |
| Operating Income | 3.5B | 2.9B | 2.4B | 2.0B | 1.5B |
| Pre-tax Income | 3.2B | 2.6B | 2.2B | 1.8B | 1.3B |
| Income Tax | 627.6M | 498.4M | 375.9M | 333.5M | 296.8M |
| Net Income | 2.6B | 2.0B | 1.8B | 1.4B | 870.0M |
| EPS (Diluted) | $11.24 | $8.77 | $7.48 | $5.87 | $3.52 |
Income Statement Trend
Trane Technologies Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 7.3B | 6.9B | 6.4B | 6.5B | 6.9B |
| Non-Current Assets | 12.8B | 12.5B | 11.7B | 11.6B | 11.3B |
| Total Assets | 20.1B | 19.4B | 18.1B | 18.1B | 18.2B |
| Liabilities | |||||
| Current Liabilities | 6.1B | 6.1B | 5.7B | 4.8B | 4.3B |
| Non-Current Liabilities | 6.6B | 6.3B | 6.3B | 7.0B | 7.4B |
| Total Liabilities | 12.7B | 12.4B | 12.0B | 11.8B | 11.7B |
| Equity | |||||
| Total Shareholders Equity | 7.5B | 7.0B | 6.1B | 6.3B | 6.4B |
Balance Sheet Composition
Trane Technologies Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 2.6B | 2.1B | 1.8B | 1.5B | 991.4M |
| Operating Cash Flow | 3.1B | 2.4B | 1.6B | 1.5B | 1.7B |
| Investing Activities | |||||
| Capital Expenditures | 4.7M | 9.2M | 9.7M | 15.1M | 100.0K |
| Investing Cash Flow | -192.3M | -871.5M | -248.0M | -322.7M | -192.3M |
| Financing Activities | |||||
| Dividends Paid | -757.5M | -683.7M | -620.2M | -561.1M | -507.3M |
| Financing Cash Flow | -2.1B | -1.4B | -1.9B | -2.2B | 819.8M |
| Free Cash Flow | 2.8B | 2.1B | 1.2B | 1.4B | 1.3B |
Cash Flow Trend
Trane Technologies Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
35.20
Forward P/E
33.75
Price to Book
12.74
Price to Sales
4.69
PEG Ratio
33.75
Profitability Ratios
Profit Margin
13.47%
Operating Margin
16.06%
Return on Equity
38.63%
Return on Assets
11.36%
Financial Health
Current Ratio
1.09
Debt to Equity
63.47
Beta
1.17
Per Share Data
EPS (TTM)
$12.13
Book Value per Share
$33.52
Revenue per Share
$90.09
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| tt | 95.2B | 35.20 | 12.74 | 38.63% | 13.47% | 63.47 |
| Johnson Controls | 68.0B | 31.22 | 4.30 | 13.14% | 10.78% | 65.79 |
| Carrier Global | 61.5B | 47.85 | 4.46 | 11.13% | 25.79% | 81.85 |
| Lennox International | 20.0B | 25.13 | 23.49 | 131.48% | 14.96% | 174.76 |
| Carlisle Companies | 16.0B | 20.53 | 7.35 | 33.20% | 25.24% | 87.44 |
| Masco | 13.3B | 17.20 | -1,931.62 | 1,116.56% | 10.30% | -551.00 |
Financial data is updated regularly. All figures are in the company's reporting currency.