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TT

179.01USD+0.83(+0.47%)Market Closed

Trane Technologies plc

Market Summary

USD179.01+0.83Market Closed
0.47%

TT Alerts

TT Stock Price

RSI Chart

Valuation

Market Cap

37.3B

Price/Earnings

24.98

Price/Sales

2.51

Price/Cashflow

34.81

MarketCap/EBT

19.65

Price/Sales

Profitability

EBT Margin

12.79%

Return on Equity

26.09%

Return on Assets

8.44%

Fundamentals

Revenue

Revenue (TTM)

15.5B

Revenue Y/Y

17.53%

Revenue Q/Q

4.33%

Earnings

Earnings (TTM)

1.6B

Earnings Y/Y

35.05%

Earnings Q/Q

7.58%

Price Action

52 Week Range

203.35
(Low)(High)

Last 7 days

0.0%

Last 30 days

11.3%

Last 90 days

15.2%

Trailing 12 Months

-5.6%

Financial Health

Current Ratio

1.09

Investor Care

Dividend Yield

1.68%

Dividend/Share (TTM)

2.36

Buy Backs (1Y)

3.04%

Diluted EPS (TTM)

6.92

Peers (Alternatives to Trane Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
37.3B
15.5B
11.32% -5.65%
24.98
2.51
12.66% 21.10%
33.8B
20.4B
14.21% -18.31%
12.13
1.65
1.87% 10.82%
MID-CAP
9.9B
3.0B
-15.97% -24.37%
25.95
3.29
40.62% 66.48%
9.7B
23.0B
9.36% -13.93%
3.6
0.42
29.31% 97.30%
8.9B
3.8B
12.44% -24.13%
18.33
2.52
12.89% 5.97%
8.5B
4.6B
14.97% -13.62%
17.38
1.84
10.76% -1.20%
7.9B
8.0B
10.78% -36.96%
10.49
0.98
9.41% 3.75%
5.4B
1.2B
11.79% -66.62%
21.01
3.98
8.62% -12.08%
4.4B
9.5B
20.63% -4.48%
6.82
0.47
28.29% 56.36%
3.5B
770.5M
27.04% 1.45%
62.1
5.2
49.63% -5.32%
2.0B
665.1M
-3.24% 0.18%
26.63
3.02
35.86% 55.89%
SMALL-CAP
737.5M
1.2B
15.14% 9.68%
8.72
0.61
16.41% 45.22%
529.6M
826.8M
19.12% -28.56%
4.24
0.64
40.00% 87.68%
52.8M
63.0M
-1.79% -31.03%
14.74
0.84
-25.47% -75.19%
7.6M
649.9M
-78.97% -94.34%
-0.14
0.01
11.13% 16.01%

Financials for Trane Tech

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue4.4%15,48714,83514,47414,13613,746
  S&GA Expenses3.0%2,5132,4402,4472,4462,400
Earnings Before Taxes7.7%2,0441,8981,8371,7911,719
Net Income9.5%1,6351,4931,4481,4231,350
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets0.3%17,74017,68117,63718,06018,202
  Current Assets2.8%6,2996,1256,0316,4716,991
    Cash Equivalents-21.2%2,1592,739---
  Inventory3.3%1,9491,8871,8721,5311,483
  Net PPE0.4%1,4321,4261,4221,3991,337
  Goodwill-1.6%5,3705,4575,4965,5055,310
Liabilities-0.6%11,87111,94211,62011,78711,715
  Current Liabilities-1.5%5,5465,6304,5944,7524,314
    LT Debt, Non Current0.0%3,7883,7874,4934,4924,491
Shareholder's Equity2.4%5,8585,7245,9996,2566,475
  Retained Earnings4.0%8,3208,0048,0998,3538,627
  Additional Paid-In Capital-100.0%-12-15-
Shares Outstanding-0.3%234235238--
Minority Interest-36.1%1016181713
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations9.3%1,1711,0711,1401,5881,788
  Share Based Compensation-3.2%6062636764
Cashflow From Investing-3.2%-662.70-642.30-515.30-545.70-446.20
Cashflow From Financing5.3%-2,075.60-2,191.60-2,107.30-2,127.60-1,811.60
  Dividend Payments2.7%606590577561549
  Buy Backs0.3%1,4001,3961,3461,100850

Risks

What is the probability of a big loss on TT?

36.5%


Probability that Trane Tech stock will be more than 20% underwater in next one year

31.5%


Probability that Trane Tech stock will be more than 30% underwater in next one year.

9.6%


Probability that Trane Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does TT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Trane Tech was unfortunately bought at previous high price.

Returns

Cumulative Returns on TT

21.9%


10-Year Cumulative Returns

23.9%


7-Year Cumulative Returns

23.9%


5-Year Cumulative Returns

23.6%


3-Year Cumulative Returns

What are the long-term rolling returns for TT?

FIve years rolling returns for Trane Tech.

Which funds bought or sold TT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
ADDED
5.01
101,000
695,000
0.03%
2022-11-23
Eagle Bay Advisors LLC
REDUCED
-3.66
351
11,000
0.01%
2022-11-22
CVA Family Office, LLC
-
-
16,000
85,000
0.02%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
3,127,000
3,127,000
0.04%
2022-11-22
B. Riley Wealth Advisors, Inc.
REDUCED
-13.84
-18,000
448,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
5,313,000
56,266,000
0.10%
2022-11-21
ST GERMAIN D J CO INC
-
-
-
556,000
0.04%
2022-11-21
FourThought Financial, LLC
-
-
-47,000
49,000
0.01%
2022-11-18
Industrial Alliance Investment Management Inc.
REDUCED
-27.11
-6,000
29,000
-%
2022-11-17
CENTRAL TRUST Co
REDUCED
-0.16
230,000
2,256,000
0.08%

1–10 of 46

Latest Funds Activity

Are funds buying TT calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own TT

Trane Tech News

Nasdaq

Why Is Trane Technologies (TT) Up 8.1% Since Last Earnings Report?.17 hours ago

TT Fair Value

Recent SEC filings of Trane Tech

View All Filings
Date Filed Form Type Document
Nov 29, 2022
4
Insider Trading
Nov 29, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 09, 2022
4
Insider Trading
Nov 04, 2022
4
Insider Trading
Nov 02, 2022
10-Q
Quarterly Report
Nov 02, 2022
8-K
Current Report
Nov 01, 2022
4
Insider Trading
Oct 20, 2022
3
Insider Trading
Oct 20, 2022
3
Insider Trading

Latest Insider Trading transactions for TT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-25
Turtz Evan M
GIFTED
-
-
-167
Senior Vice President
2022-11-25
Regnery David S
ACQUIRED
683,323
46.64
14,651
Chair and CEO
2022-11-25
Regnery David S
SOLD
-2,622,530
179
-14,651
Chair and CEO
2022-11-10
Turtz Evan M
SOLD
-373,625
175
-2,135
Senior Vice President
2022-11-08
Magner Mairead
SOLD
-170,000
170
-1,000
Senior Vice President
2022-11-08
Magner Mairead
ACQUIRED
38,990
38.99
1,000
Senior Vice President
2022-11-02
Magner Mairead
ACQUIRED
38,990
38.99
1,000
Senior Vice President
2022-11-02
Magner Mairead
SOLD
-165,000
165
-1,000
Senior Vice President
2022-10-28
Magner Mairead
ACQUIRED
38,990
38.99
1,000
Senior Vice President
2022-10-28
Magner Mairead
SOLD
-160,000
160
-1,000
Senior Vice President

1–10 of 50

Dave S. Regnery
37000
Trane Technologies plc, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of solutions for heating, ventilation, air conditioning, and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; auxiliary power units; chillers; coils and condensers; gensets; furnaces; heat pumps; home automation products; humidifiers; hybrid and non-diesel transport refrigeration, and ice energy storage solutions; indoor air quality assessments and related products; large and light commercial unitary products; motor replacements; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. The company also provides building management, control, ductless, geothermal, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, cryogenic, diesel-powered, electric-powered trailer and truck, hybrid-powered trailer, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration systems, as well as aftermarket and OEM parts and supplies. In addition, it offers energy and facility management, installation and performance contracting, repair and maintenance, and rental services. It markets and sells its products under the Trane and Thermo King brands through sales offices, distributors, and dealers in the United States; and through sales and service companies with a supporting chain of distributors worldwide. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. Trane Technologies plc was founded in 1885 and is headquartered in Swords, Ireland.

TT Income Statement

2022-09-30
Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net revenues$ 4,371.9$ 3,719.8$ 11,917.9$ 10,567.1
Cost of goods sold(2,939.1)(2,515.6)(8,172.6)(7,139.0)
Selling and administrative expenses(693.3)(620.8)(1,907.0)(1,840.5)
Operating income739.5583.41,838.31,587.6
Interest expense(55.8)(57.7)(167.6)(177.7)
Other income/(expense), net(18.7)(6.9)(21.0)(13.8)
Earnings before income taxes665.0518.81,649.71,396.1
Provision for income taxes(104.7)(96.8)(302.4)(268.0)
Earnings from continuing operations560.3422.01,347.31,128.1
Discontinued operations, net of tax(7.9)(13.3)(16.6)(12.6)
Net earnings552.4408.71,330.71,115.5
Less: Net earnings from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest(4.5)(3.0)(13.3)(9.9)
Net earnings attributable to Trane Technologies plc547.9405.71,317.41,105.6
Amounts attributable to Trane Technologies plc ordinary shareholders:    
Continuing operations555.8419.01,334.01,118.2
Discontinued operations(7.9)(13.3)(16.6)(12.6)
Net earnings attributable to Trane Technologies plc$ 547.9$ 405.7$ 1,317.4$ 1,105.6
Basic:    
Continuing operations$ 2.40$ 1.76$ 5.72$ 4.68
Discontinued operations(0.04)(0.06)(0.08)(0.06)
Net earnings2.361.705.644.62
Diluted:    
Continuing operations2.381.735.664.61
Discontinued operations(0.04)(0.05)(0.07)(0.06)
Net earnings$ 2.34$ 1.68$ 5.59$ 4.55
Weighted-average shares outstanding    
Basic231.9238.2233.4239.2
Diluted234.0241.7235.7242.8

TT Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
ASSETS  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations$ 1,080.2$ 2,159.2
Accounts and notes receivable, net2,867.42,429.4
Inventories1,949.21,530.8
Other current assets402.3351.5
Total current assets6,299.16,470.9
Property, plant and equipment, net1,432.11,398.8
Goodwill5,370.35,504.8
Intangible assets, net3,241.13,305.6
Other noncurrent assets1,397.21,379.7
Total assets17,739.818,059.8
LIABILITIES AND EQUITY  
Accounts payable2,061.31,787.3
Accrued compensation and benefits477.9544.8
Accrued expenses and other current liabilities1,956.42,069.9
Short-term borrowings and current maturities of long-term debt1,049.9350.4
Total current liabilities5,545.54,752.4
Long-term debt3,787.54,491.7
Postemployment and other benefit liabilities730.9810.9
Deferred and noncurrent income taxes639.1581.5
Other noncurrent liabilities1,168.41,150.2
Total liabilities11,871.411,786.7
Equity:  
Ordinary shares254.8259.7
Treasury Stock, Value(1,719.4)(1,719.4)
Capital in excess of par value0.00.0
Retained earnings8,320.48,353.2
Accumulated other comprehensive income (loss)(997.5)(637.6)
Total Trane Technologies plc shareholders’ equity5,858.36,255.9
Noncontrolling interests10.117.2
Total equity5,868.46,273.1
Total liabilities and equity$ 17,739.8$ 18,059.8