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TT

TT - Trane Technologies PLC Stock Price, Fair Value and News

330.20USD-0.17 (-0.05%)Market Closed

Market Summary

TT
USD330.20-0.17
Market Closed
-0.05%

TT Stock Price

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TT RSI Chart

TT Valuation

Market Cap

74.7B

Price/Earnings (Trailing)

34.68

Price/Sales (Trailing)

4.1

EV/EBITDA

23.69

Price/Free Cashflow

32.12

TT Price/Sales (Trailing)

TT Profitability

EBT Margin

14.97%

Return on Equity

31.28%

Return on Assets

11.14%

Free Cashflow Yield

3.11%

TT Fundamentals

TT Revenue

Revenue (TTM)

18.2B

Rev. Growth (Yr)

15%

Rev. Growth (Qtr)

-4.72%

TT Earnings

Earnings (TTM)

2.2B

Earnings Growth (Yr)

42.07%

Earnings Growth (Qtr)

-13.1%

Breaking Down TT Revenue

Last 7 days

-4.0%

Last 30 days

-4.4%

Last 90 days

14.6%

Trailing 12 Months

68.8%

How does TT drawdown profile look like?

TT Financial Health

Current Ratio

1.13

Debt/Equity

0.58

Debt/Cashflow

0.66

TT Investor Care

Dividend Yield

0.89%

Dividend/Share (TTM)

3

Buy Backs (1Y)

0.75%

Diluted EPS (TTM)

9.35

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202418.2B000
202316.3B16.8B17.3B17.7B
202214.5B14.8B15.5B16.0B
202112.8B13.5B13.7B14.1B
202012.9B12.4B12.5B12.5B
201911.8B11.0B10.5B13.1B
201814.6B15.0B15.4B12.3B
201713.6B13.8B13.9B14.2B
201613.3B13.4B13.5B13.5B
201513.1B13.1B13.2B13.3B
201412.4B12.6B12.7B12.9B
201311.5B11.1B10.7B12.4B
201212.6B12.4B12.1B12.0B
201114.4B15.0B15.2B12.8B
201012.9B13.0B13.2B13.9B
200913.8B14.2B13.3B13.1B
2008010.2B11.6B13.0B
20070008.8B
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Tracking the Latest Insider Buys and Sells of Trane Technologies PLC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jul 01, 2024
regnery david s
sold (taxes)
-172,570
321
-537
chair and ceo
Jun 07, 2024
george mark r
acquired
-
-
627
-
Jun 07, 2024
forsee gary d
acquired
-
-
627
-
Jun 07, 2024
berzin ann c
acquired
-
-
627
-
Jun 07, 2024
hayes john a
acquired
-
-
627
-
Jun 07, 2024
hudson linda p
acquired
-
-
627
-
Jun 07, 2024
lee myles p
acquired
-
-
627
-
Jun 07, 2024
schaeffer melissa n.
acquired
-
-
627
-
Jun 07, 2024
surma john p
acquired
-
-
627
-
Jun 07, 2024
arnold kirk e
acquired
-
-
627
-

1–10 of 50

Which funds bought or sold TT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jul 19, 2024
MEANS INVESTMENT CO., INC.
unchanged
-
34,091
390,308
0.05%
Jul 19, 2024
Integrated Investment Consultants, LLC
unchanged
-
-
229,953
0.06%
Jul 19, 2024
Boston Trust Walden Corp
unchanged
-
39,618
453,594
-%
Jul 19, 2024
First Horizon Advisors, Inc.
added
7.16
216,134
1,457,160
0.04%
Jul 19, 2024
Sumitomo Mitsui Trust Holdings, Inc.
reduced
-2.91
11,102,400
185,155,000
0.14%
Jul 19, 2024
TCW GROUP INC
added
10.41
1,822,130
10,509,300
0.09%
Jul 19, 2024
PARSONS CAPITAL MANAGEMENT INC/RI
added
3.09
352,624
3,074,840
0.21%
Jul 19, 2024
NISA INVESTMENT ADVISORS, LLC
added
3.14
5,197,830
45,143,300
0.28%
Jul 19, 2024
First Pacific Financial
new
-
870,349
870,349
0.22%
Jul 19, 2024
CANTOR FITZGERALD INVESTMENT ADVISORS L.P.
added
2.26
213,169
1,983,450
0.15%

1–10 of 50

Are Funds Buying or Selling TT?

Are funds buying TT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own TT
No. of Funds

Unveiling Trane Technologies PLC's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
8.22%
18,712,060
SC 13G/A
Jan 25, 2024
blackrock inc.
8.7%
19,744,579
SC 13G/A
Jan 25, 2024
jpmorgan chase & co
7.5%
17,198,303
SC 13G/A
Jan 25, 2024
jpmorgan chase & co
7.5%
17,198,303
SC 13G/A
Feb 09, 2023
vanguard group inc
8.07%
18,594,004
SC 13G/A
Feb 08, 2023
blackrock inc.
8.5%
19,614,853
SC 13G/A
Jan 27, 2023
jpmorgan chase & co
8.0%
18,472,563
SC 13G/A
Feb 09, 2022
vanguard group inc
7.60%
18,055,927
SC 13G/A
Feb 03, 2022
blackrock inc.
8.3%
19,659,375
SC 13G/A
Jan 28, 2022
jpmorgan chase & co
7.4%
17,652,938
SC 13G

Recent SEC filings of Trane Technologies PLC

View All Filings
Date Filed Form Type Document
Jul 03, 2024
4
Insider Trading
Jun 28, 2024
11-K
Employee Benefit Details
Jun 28, 2024
11-K
Employee Benefit Details
Jun 28, 2024
11-K
Employee Benefit Details
Jun 28, 2024
11-K
Employee Benefit Details
Jun 18, 2024
CERT
CERT
Jun 17, 2024
8-A12B
8-A12B
Jun 13, 2024
8-K
Current Report
Jun 10, 2024
4
Insider Trading
Jun 10, 2024
4
Insider Trading

Peers (Alternatives to Trane Technologies PLC)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
59.7B
23.0B
0.82% 21.20%
44.49
2.59
9.35% -48.07%
19.9B
5.5B
-4.48% 9.64%
27.4
3.62
8.06% 32.52%
19.8B
4.9B
-1.21% 55.16%
23.14
4.05
-3.54% 3.11%
19.3B
17.1B
5.71% 13.53%
13.16
1.13
-18.27% -40.02%
11.5B
-
9.13% -3.91%
21.01
3.13
6.67% 16.79%
MID-CAP
7.8B
3.8B
1.70% 52.52%
20.23
2.05
-5.75% 2.14%
7.1B
1.2B
7.76% 27.30%
39.72
6.13
19.83% 50.95%
5.2B
3.4B
3.96% -11.48%
8.35
1.53
-11.52% -24.82%
4.1B
1.6B
-0.20% -6.63%
39.68
2.61
-16.80% -47.08%
1.9B
801.3M
-4.92% -80.11%
-1.28
2.33
3.94% -88.36%
SMALL-CAP
1.4B
1.4B
0.52% 33.72%
12.73
0.98
-4.08% 2.00%
530.1M
141.5M
2.71% 30.22%
9.23
3.75
64.77% 235.59%
460.0M
1.8B
2.34% -14.87%
-18.85
0.26
-6.26% -71.83%
258.5M
87.1M
-32.47% -77.39%
-2.43
2.97
-44.79% 14.61%
69.9M
60.9M
15.22% 53.33%
16.59
1.15
4.81% 82.22%

Trane Technologies PLC News

Latest updates
Defense World4 hours ago
Yahoo Finance15 Jul 202403:40 pm

Trane Technologies PLC Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-4.7%4,2164,4244,8834,7053,6664,0744,3724,1903,3563,5693,7203,8303,0183,1793,4963,1392,6413,1843,4713,6182,804
  S&GA Expenses5.4%826784794699687639693613601606621620600560568555588587568588578
EBITDA Margin2.3%0.18*0.18*0.18*0.17*0.17*0.17*0.17*0.16*0.16*0.16*0.16*0.17*---------
Interest Expenses1.2%58.0057.0058.0062.0058.0056.0056.0056.0056.0056.0058.0059.0061.0062.0062.0061.0063.0063.0064.0065.0051.00
Income Taxes7.5%10698.0015817073.0074.0010513761.0066.0097.0012348.0072.0090.0084.0051.0046.0081.0092.0020.00
Earnings Before Taxes-10.4%551615796766390522665653332395519592285323500362104260467505168
EBT Margin3.1%0.15*0.15*0.14*0.14*0.14*0.14*0.13*0.13*0.13*0.13*0.13*0.13*---------
Net Income-13.1%436502626591307435548515263314406469238241401242-25.90292459460204
Net Income Margin3.2%0.12*0.11*0.11*0.11*0.11*0.11*0.11*0.10*0.10*0.10*0.10*0.10*---------
Free Cashflow-163-839467-68.60701451353-263383367457216--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.3%19,34119,39218,90318,90717,89718,08217,74017,68117,63718,06018,20218,36917,82518,15717,93917,22417,63620,49220,30720,66819,781
  Current Assets0.3%6,8876,8706,7276,6756,0756,3796,2996,1256,0316,4716,9917,1256,6226,9066,9746,3456,5609,2946,1036,3527,085
    Cash Equivalents-100.0%-1,095---1,221---2,1592,7392,9122,8383,2903,1902,3672,6481,2798068511,882
  Inventory10.7%2,3832,1522,1922,3562,3441,9941,9491,8871,8721,5311,4831,3861,3731,1891,2291,3531,4641,2791,8911,9511,984
  Net PPE0.9%1,7881,7721,6841,6551,5821,5361,4321,4261,4221,3991,3371,3251,3281,3501,3141,3151,3261,3521,7791,7941,738
  Goodwill-0.6%6,0606,0955,7195,7485,5235,5045,3705,45743.005,5052045,3345,3115,3435,1445,0915,0825,1266,7136,8605,969
Liabilities0.4%12,43012,37512,20312,62911,84311,97611,87111,94211,62011,78711,71511,89711,51211,73011,55811,26411,84613,18013,02813,49512,858
  Current Liabilities0.8%6,1026,0545,2145,5934,8315,6875,5465,6304,5944,7524,3144,5134,1754,3394,1703,8294,2415,2394,7765,1804,489
  Long Term Debt0.0%3,9793,9784,4764,4774,4823,7883,7883,7874,4934,4924,4914,4904,4964,4974,4944,6184,6254,9234,922400350
    LT Debt, Non Current0.0%3,9793,9784,4764,4774,4823,7883,7883,7874,4934,4924,4914,4904,4964,4974,4944,6184,6254,9234,922400350
Shareholder's Equity-1.5%6,8906,9956,6826,2776,0546,1055,8685,7396,0176,2736,4886,3336,3136,4276,3815,8325,7907,3127,2797,1736,923
  Retained Earnings-0.3%9,1049,1348,9718,4458,2028,3218,3208,0048,0998,3538,6278,5668,4528,4958,4898,2228,1289,7319,7639,4979,298
  Additional Paid-In Capital----23.00---12.00--15.00---93.0047.0026.00--26.00-
Shares Outstanding-9.7%227252229229229253233234235-238240---------
Minority Interest-3.2%21.0022.0019.0018.0018.0017.0010.0016.0018.0017.0013.0015.0016.0019.0014.0023.0017.0045.0042.0042.0037.00
Float----43,600---30,000---43,700---21,200---30,500-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-73.6%2479359225249.00760510422-188427411491260627931205-327866659446-52.60
  Share Based Compensation90.4%20.0010.0013.0016.0024.0010.0011.0014.0021.0014.0013.0015.0025.0012.0012.0017.0029.0012.0013.0012.0030.00
Cashflow From Investing81.3%-81.70-436-89.10-556-91.00-214-67.10-175-83.30-336-46.70-48.40-113-237-30.00-68.30-40.50-66.00-126-1,510-76.40
Cashflow From Financing2.9%-386-398-51523.00-459-439-411-467-534-662-527-382-554-346-103-4341,769-344-54429.001,130
  Dividend Payments11.0%190171172171170153156155156139140141140127127127126127124132128
  Buy Backs43.3%300210160-300300250300350500246250104250---250250-250
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TT Income Statement

2024-03-31
Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net revenues$ 4,215.5$ 3,665.8
Cost of goods sold(2,755.6)(2,522.3)
Selling and administrative expenses(826.1)(686.7)
Operating income633.8456.8
Interest expense(58.1)(57.6)
Other income/(expense), net(25.0)(9.4)
Earnings before income taxes550.7389.8
Provision for income taxes(105.5)(73.2)
Earnings from continuing operations445.2316.6
Discontinued operations, net of tax(5.4)(5.5)
Net earnings439.8311.1
Less: Net earnings from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest(3.5)(4.0)
Net earnings attributable to Trane Technologies plc436.3307.1
Amounts attributable to Trane Technologies plc ordinary shareholders:  
Continuing operations441.7312.6
Discontinued operations(5.4)(5.5)
Net earnings attributable to Trane Technologies plc$ 436.3$ 307.1
Basic:  
Continuing operations$ 1.94$ 1.36
Discontinued operations(0.02)(0.02)
Net earnings1.921.34
Diluted:  
Continuing operations1.921.35
Discontinued operations(0.02)(0.02)
Net earnings$ 1.90$ 1.33
Weighted-average shares outstanding  
Basic227.4229.3
Diluted229.5231.5

TT Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
ASSETS  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations$ 849.9$ 1,095.3
Accounts and notes receivable, net2,939.82,956.8
Inventories2,382.72,152.1
Other current assets714.8665.7
Total current assets6,887.26,869.9
Property, plant and equipment, net1,788.31,772.2
Goodwill6,059.76,095.3
Intangible assets, net3,390.93,439.8
Other noncurrent assets1,215.11,214.7
Total assets19,341.219,391.9
LIABILITIES AND EQUITY  
Accounts payable2,008.32,025.2
Accrued compensation and benefits432.7591.7
Accrued expenses and other current liabilities2,758.82,634.7
Short-term borrowings and current maturities of long-term debt902.1801.9
Total current liabilities6,101.96,053.5
Long-term debt3,978.73,977.9
Postemployment and other benefit liabilities602.2596.9
Deferred and noncurrent income taxes677.9703.7
Other noncurrent liabilities1,069.71,042.9
Total liabilities12,430.412,374.9
Equity:  
Ordinary shares251.2251.7
Treasury Stock, Value(1,719.4)(1,719.4)
Retained earnings9,104.29,133.7
Accumulated other comprehensive income (loss)(746.3)(670.8)
Total Trane Technologies plc shareholders’ equity6,889.76,995.2
Noncontrolling interests21.121.8
Total equity6,910.87,017.0
Total liabilities and equity$ 19,341.2$ 19,391.9
TT
Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, custom, and custom and transport refrigeration in Ireland and internationally. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps, auxiliary power units; chillers; coils and condensers; gensets; dehumidifiers; ductless; furnaces; home automation products; humidifiers; indoor air quality assessments and related products; large and light commercial unitary products; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. The company also provides building management, telematic, control, energy efficiency and infrastructure program, geothermal, thermal energy, thermostats, rate chambers, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, diesel-powered, truck, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration and air filtration 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; and through sales and service companies with a supporting chain of distributors. 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.
 CEO
 WEBSITEtranetechnologies.com
 INDUSTRYCommunication Equipment
 EMPLOYEES39000

Trane Technologies PLC Frequently Asked Questions


What is the ticker symbol for Trane Technologies PLC? What does TT stand for in stocks?

TT is the stock ticker symbol of Trane Technologies PLC. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Trane Technologies PLC (TT)?

As of Fri Jul 19 2024, market cap of Trane Technologies PLC is 74.74 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TT stock?

You can check TT's fair value in chart for subscribers.

What is the fair value of TT stock?

You can check TT's fair value in chart for subscribers. The fair value of Trane Technologies PLC is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Trane Technologies PLC is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Trane Technologies PLC a good stock to buy?

The fair value guage provides a quick view whether TT is over valued or under valued. Whether Trane Technologies PLC is cheap or expensive depends on the assumptions which impact Trane Technologies PLC's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TT.

What is Trane Technologies PLC's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jul 19 2024, TT's PE ratio (Price to Earnings) is 34.68 and Price to Sales (PS) ratio is 4.1. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Trane Technologies PLC's stock?

In the past 10 years, Trane Technologies PLC has provided 0.226 (multiply by 100 for percentage) rate of return.