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TT

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

295.69USD-1.27 (-0.43%)Delayed as of 15 Apr 2024, 02:58 pm ET

Market Summary

TT
USD295.69-1.27
Delayedas of 15 Apr 2024, 02:58 pm
-0.43%

TT Alerts

  • 2 major insider sales recently.

TT Stock Price

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TT RSI Chart

TT Valuation

Market Cap

67.4B

Price/Earnings (Trailing)

33.26

Price/Sales (Trailing)

3.82

EV/EBITDA

22.33

Price/Free Cashflow

31.91

TT Price/Sales (Trailing)

TT Profitability

EBT Margin

14.52%

Return on Equity

28.99%

Return on Assets

10.46%

Free Cashflow Yield

3.13%

TT Fundamentals

TT Revenue

Revenue (TTM)

17.7B

Rev. Growth (Yr)

8.6%

Rev. Growth (Qtr)

-9.4%

TT Earnings

Earnings (TTM)

2.0B

Earnings Growth (Yr)

15.03%

Earnings Growth (Qtr)

-20.16%

Breaking Down TT Revenue

52 Week Range

162.04304.15
(Low)(High)

Last 7 days

-2.5%

Last 30 days

3.9%

Last 90 days

20.7%

Trailing 12 Months

69.0%

How does TT drawdown profile look like?

TT Financial Health

Current Ratio

1.13

Debt/Equity

0.57

Debt/Cashflow

0.6

TT Investor Care

Dividend Yield

1.01%

Dividend/Share (TTM)

3

Buy Backs (1Y)

0.87%

Diluted EPS (TTM)

8.78

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
Mar 06, 2024
kuehn christopher j
sold
-1,077,730
286
-3,762
executive vice president & cfo
Mar 06, 2024
regnery david s
sold
-2,801,840
286
-9,782
chair and ceo
Mar 05, 2024
regnery david s
sold
-2,000,490
286
-6,990
chair and ceo
Mar 04, 2024
turtz evan m
sold
-813,373
288
-2,821
senior vice president
Mar 04, 2024
camuti paul a
sold
-1,626,900
288
-5,643
executive vice president
Mar 04, 2024
simmons donald e.
sold
-1,084,920
288
-3,763
group president, americas
Feb 28, 2024
pittard raymond d
sold (taxes)
-401,918
283
-1,417
executive vice president
Feb 28, 2024
turtz evan m
sold (taxes)
-627,979
283
-2,214
senior vice president
Feb 28, 2024
regnery david s
sold (taxes)
-4,452,580
283
-15,698
chair and ceo
Feb 28, 2024
simmons donald e.
acquired
-
-
6,714
group president, americas

1–10 of 50

Which funds bought or sold TT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 11, 2024
Ballew Advisors, Inc
unchanged
-
69,297
390,192
0.27%
Apr 11, 2024
RFG Advisory, LLC
new
-
326,046
326,046
0.01%
Apr 11, 2024
Compton Wealth Advisory Group, LLC
unchanged
-
105,056
560,173
0.15%
Apr 11, 2024
MEYER HANDELMAN CO
reduced
-2.6
13,591,200
81,931,500
2.87%
Apr 11, 2024
First Affirmative Financial Network
added
1.18
101,915
516,453
0.38%
Apr 11, 2024
Silverberg Bernstein Capital Management LLC
unchanged
-
104,155
555,370
0.54%
Apr 11, 2024
Ballentine Partners, LLC
added
5.89
139,503
599,499
0.01%
Apr 11, 2024
MJP ASSOCIATES INC /ADV
new
-
280,738
280,738
0.06%
Apr 11, 2024
Opal Wealth Advisors, LLC
new
-
22,816
22,816
0.01%
Apr 11, 2024
SANDERS MORRIS HARRIS LLC
new
-
227,552
227,552
0.04%

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
Mar 07, 2024
4
Insider Trading
Mar 07, 2024
4
Insider Trading
Mar 06, 2024
144
Notice of Insider Sale Intent
Mar 06, 2024
144
Notice of Insider Sale Intent
Mar 06, 2024
144
Notice of Insider Sale Intent
Mar 06, 2024
4
Insider Trading
Mar 06, 2024
4
Insider Trading
Mar 06, 2024
4
Insider Trading
Mar 05, 2024
144
Notice of Insider Sale Intent
Mar 04, 2024
144
Notice of Insider Sale Intent

Peers (Alternatives to Trane Technologies PLC)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
51.1B
22.1B
-1.76% 28.89%
35.46
2.31
8.21% -59.82%
23.1B
17.1B
-5.76% 103.07%
15
1.35
-24.77% -43.97%
21.5B
5.4B
0.49% 77.19%
28.34
4.01
8.59% 39.18%
17.8B
4.8B
2.73% 76.86%
23.2
3.68
-14.85% -16.95%
13.6B
4.2B
-4.04% 49.63%
24.88
3.24
11.44% 15.46%
MID-CAP
7.9B
3.9B
-0.01% 62.04%
21
2.06
-6.35% -0.40%
7.2B
1.2B
9.10% 35.97%
40.42
6.14
31.47% 76.96%
6.3B
3.5B
-2.59% 31.00%
9.63
1.81
-10.84% -25.77%
3.6B
1.7B
-1.53% 5.26%
28.08
2.18
-10.27% -35.75%
2.0B
891.3M
-13.69% -68.82%
-1.45
2.23
27.07% -89.06%
SMALL-CAP
1.3B
1.4B
-0.33% 34.85%
12.09
0.9
-1.78% 53.96%
501.6M
103.0M
7.77% -52.16%
-4.9
4.87
-24.12% -2.70%
501.5M
130.3M
25.50% 34.95%
7.48
3.85
54.06% 153.62%
477.5M
1.8B
-7.02% -3.45%
-21.9
0.26
-5.89% -65.15%
68.3M
61.2M
-1.47% 45.65%
16.31
1.12
-1.21% 27.64%

Trane Technologies PLC News

Latest updates
Defense World8 hours ago

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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-9.4%4,4244,8834,7053,6664,0744,3724,1903,3563,5693,7203,8303,0183,1793,4963,1392,6413,1843,4713,6182,804571
  S&GA Expenses-1.3%78479469968763969361360160662162060056056855558858756858857849.00
EBITDA Margin1.2%0.18*0.18*0.17*0.17*0.17*0.17*0.16*0.16*0.16*0.16*0.17*0.16*---------
Interest Expenses-0.9%57.0058.0062.0058.0056.0056.0056.0056.0056.0058.0059.0061.0062.0062.0061.0063.0063.0064.0065.0051.0049.00
Income Taxes-37.7%98.0015817073.0074.0010513761.0066.0097.0012348.0072.0090.0084.0051.0046.0081.0092.0020.0075.00
Earnings Before Taxes-22.8%615796766390522665653332395519592285323500362104260467505168-25.20
EBT Margin1.7%0.15*0.14*0.14*0.14*0.14*0.13*0.13*0.13*0.13*0.13*0.13*0.11*---------
Net Income-20.2%500626591311435548515263314406469238241401242-25.90292459460204250
Net Income Margin1.3%0.11*0.11*0.11*0.11*0.11*0.11*0.10*0.10*0.10*0.10*0.10*0.09*---------
Free Cashflow1.5%852839467-68.60671451353-263326367457216---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets2.6%19,39218,90318,90717,89718,08217,74017,68117,63718,06018,20218,36917,82518,15717,93917,22417,63620,49220,30720,66819,78117,915
  Current Assets2.1%6,8706,7276,6756,0756,3796,2996,1256,0316,4716,9917,1256,6226,9066,9746,3456,5609,2946,1036,3527,0855,732
    Cash Equivalents-1,095---1,221---2,1592,7392,9122,8383,2903,1902,3672,6481,2798068511,882878
  Inventory-1.8%2,1522,1922,3562,3441,9941,9491,8871,8721,5311,4831,3861,3731,1891,2291,3531,4641,2791,8911,9511,9841,678
  Net PPE5.3%1,7721,6841,6551,5821,5361,4321,4261,4221,3991,3371,3251,3281,3501,3141,3151,3261,3521,7791,7941,7381,731
  Goodwill6.6%6,0955,7195,7485,5235,5045,3705,45743.005,5052045,3345,3115,3435,1445,0915,0825,1266,7136,8605,9695,099
Liabilities1.4%12,37512,20312,62911,84311,97611,87111,94211,62011,78711,71511,89711,51211,73011,55811,26411,84613,18013,02813,49512,85810,850
  Current Liabilities16.1%6,0545,2145,5934,8315,6875,5465,6304,5944,7524,3144,5134,1754,3394,1703,8294,2415,2394,7765,1804,4894,316
  Long Term Debt-11.1%3,9784,4764,4774,4823,7883,7883,7874,4934,4924,4914,4904,4964,4974,4944,6184,6254,9234,9227503503,741
    LT Debt, Non Current-11.1%3,9784,4764,4774,4823,7883,7883,7874,4934,4924,4914,4904,4964,4974,4944,6184,6254,9234,9227503503,741
Shareholder's Equity4.7%6,9956,6826,2776,0546,0895,8685,7396,0176,2736,4886,3336,3136,4276,3815,8325,7907,3127,2797,1736,9237,065
  Retained Earnings1.8%9,1348,9718,4458,2028,3218,3208,0048,0998,3538,6278,5668,4528,4958,4898,2228,1289,7319,7639,4979,2989,440
  Additional Paid-In Capital---23.00---12.00--15.00---93.0047.0026.00--26.00--
Shares Outstanding10.0%252229229229253233234235-238240239---------
Minority Interest17.2%22.0019.0018.0018.0017.0010.0016.0018.0017.0013.0015.0016.0019.0014.0023.0017.0045.0042.0042.0037.0042.00
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations1.4%9359225249.00760510422-188427411491260627931205-327866659446-52.60510
  Share Based Compensation-22.4%10.0013.0016.0024.0010.0011.0014.0021.0014.0013.0015.0025.0012.0012.0017.0029.0012.0013.0012.0030.00-
Cashflow From Investing-389.5%-436-89.10-556-91.00-214-67.10-175-83.30-336-46.70-48.40-113-237-30.00-68.30-40.50-66.00-126-1,510-76.40-108
Cashflow From Financing22.8%-398-51523.00-459-439-411-467-534-662-527-382-554-346-103-4341,769-344-54429.001,130-509
  Dividend Payments-0.5%171172171170153156155156139140141140127127127126127124132128128
  Buy Backs31.1%210160-300300250300350500246250104250---250250-250386

TT Income Statement

2023-12-31
Consolidated Statements of Earnings - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net earnings   
Net revenues$ 17,677.6$ 15,991.7$ 14,136.4
Selling and administrative expenses(2,963.2)(2,545.9)(2,446.3)
Operating income (loss)2,894.02,418.92,023.3
Interest expense(234.5)(223.5)(233.7)
Other, net(92.2)(23.3)1.1
Earnings (loss) before income taxes2,567.32,172.11,790.7
Benefit (provision) for income taxes(498.4)(375.9)(333.5)
Earnings (loss) from continuing operations2,068.91,796.21,457.2
Discontinued operations, net of tax(27.2)(21.5)(20.6)
Net earnings2,041.71,774.71,436.6
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest(17.8)(18.2)(13.2)
Net earnings (loss) attributable to Trane Technologies plc2,023.91,756.51,423.4
Amounts attributable to Trane Technologies plc ordinary shareholders:   
Continuing operations2,051.11,778.01,444.0
Discontinued operations(27.2)(21.5)(20.6)
Net earnings (loss) attributable to Trane Technologies plc$ 2,023.9$ 1,756.5$ 1,423.4
Basic:   
Continuing operations$ 8.97$ 7.65$ 6.05
Discontinued operations(0.12)(0.10)(0.09)
Net earnings8.857.555.96
Diluted:   
Continuing operations8.897.575.96
Discontinued operations(0.12)(0.09)(0.09)
Net earnings$ 8.77$ 7.48$ 5.87
Product   
Net earnings   
Net revenues$ 11,975.4$ 10,930.8$ 9,498.8
Cost of Goods and Services Sold(8,414.2)(7,935.2)(6,843.1)
Service   
Net earnings   
Net revenues5,702.25,060.94,637.6
Cost of Goods and Services Sold$ (3,406.2)$ (3,091.7)$ (2,823.7)

TT Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
ASSETS  
Cash and cash equivalents$ 1,095.3$ 1,220.5
Accounts and notes receivable, net2,956.82,780.1
Inventories2,152.11,993.8
Other current assets665.7384.8
Total current assets6,869.96,379.2
Property, plant and equipment, net1,772.21,536.1
Goodwill6,095.35,503.7
Intangible Assets, Net (Excluding Goodwill)3,439.83,264.0
Other noncurrent assets1,214.71,398.6
Total assets19,391.918,081.6
LIABILITIES AND EQUITY  
Accounts payable2,025.22,091.6
Accrued compensation and benefits591.7541.2
Accrued expenses and other current liabilities2,634.72,006.0
Short-term borrowings and current maturities of long-term debt801.91,048.0
Total current liabilities6,053.55,686.8
Long-term debt3,977.93,788.3
Postemployment and other benefit liabilities596.9667.0
Deferred and noncurrent income taxes703.7680.1
Other noncurrent liabilities1,042.91,154.2
Total liabilities$ 12,374.9$ 11,976.4
Ordinary shares, par value, in dollars or euros per share, as stated$ 1.00$ 1.00
Ordinary shares issued251,673,874253,328,263
Treasury Stock, Common, Shares24,500,71324,500,868
Treasury Stock, Value$ (1,719.4)$ (1,719.4)
Equity:  
Trane Technologies plc shareholders' equity Ordinary shares, $1 par value251.7253.3
Retained earnings9,133.78,320.9
Accumulated other comprehensive income (loss)(670.8)(766.2)
Total Trane Technologies plc shareholders' equity6,995.26,088.6
Noncontrolling interest21.816.6
Total equity7,017.06,105.2
Total liabilities and equity$ 19,391.9$ 18,081.6
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 Apr 12 2024, market cap of Trane Technologies PLC is 67.45 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 Apr 12 2024, TT's PE ratio (Price to Earnings) is 33.26 and Price to Sales (PS) ratio is 3.82. 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 0.232 (multiply by 100 for percentage) rate of return.