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478.13 USD
P/E
36.50
EPS
13.10
Yield
0.82%
Safety Score
100
P/B
12.31
ROE
36.63
Beta
1.20
Target Price
522.37 USD
Trane Technologies plc logo

Trane Technologies plc

🧾 Earnings Recap – Q3 2025

Trane Technologies reported a robust Q3 2025, showcasing record bookings and strong growth in its Commercial HVAC segment, offsetting challenges in the residential market.

  • Achieved record quarterly bookings of $6 billion, representing 13% organic growth year-over-year.
  • Commercial HVAC bookings surged 30% in the Americas, with applied solutions bookings more than doubling.
  • Adjusted EPS grew by 15%, driven by robust performance and margin expansion of 170 basis points.
  • Strong free cash flow generation and a $7.2 billion backlog position the company well for future growth.
  • Residential segment underperformed with a 30% drop in bookings, consistent with prior guidance.
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Key Metrics
Earnings dateJuly 29, 2026
P/E36.50
EPS13.10
Book Value38.84
Price to Book12.31
Debt/Equity53.60
% Insiders0.264%
Growth
Revenue Growth0.06%
Earnings Growth-0.02%
Estimates
Forward P/E28.01
Forward EPS17.07
Target Mean Price522.37
Dividend
Dividend Yield0.82%
Annual dividends3.98 USD
Ex-Div. DateJune 5, 2026
Payout29.67%
5y avg Yield1.37%

DCF Valuation

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Currency: USD
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Decimal (e.g., 0.10 = 10%). Range allows declines (−50%) to strong growth (+50%).
Decimal (e.g., 0.30 = 30%).
Decimal (e.g., 0.04 = 4%).
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Percent number (e.g., 3 = 3%).
Percent number (e.g., 10 = 10%).
Percent number (e.g., 5 = 5%).
DCF Result

Fair Value (DCF)
Current Price
Upside
WACC
Terminal PV
Σ PV of FCFs
Note: historical bars show reported FCF (for context); forward bars show PV of projected FCF; if no per-year data, totals are shown.

Trane Technologies plc Logo Trane Technologies plc Analysis (TT)

Ireland Industrials Official Website Stock

Is Trane Technologies plc a good investment? Trane Technologies plc (TT) is currently trading at 478.13 USD. Market analysts have a consensus price target of 522.37 USD. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 36.50. This high multiple suggests investors have priced in significant future growth expectations.

Earnings Schedule: Trane Technologies plc is expected to release its next earnings report on July 29, 2026. The market consensus estimate for Forward EPS is 17.07.

For income investors, Trane Technologies plc pays a dividend yield of 0.82%. With a payout ratio of 30%, the dividend appears sustainable.

Investor FAQ

Does Trane Technologies plc pay a dividend?

Yes, it pays an annual dividend of 3.98 USD (0.82% yield).

What asset class is Trane Technologies plc?

Trane Technologies plc is classified as a Stock. You can compare it against 4 other assets in the "Related Symbols" list on this page.

When is the next earnings date?

The next earnings date is projected to be July 29, 2026. The company currently has a trailing EPS of 13.10.

Company Profile

Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps; chillers; coils and condensers; auxiliary power, cold storage, and condensing units; controls contracting and commissioning, decarbonization programs, and gensets; dehumidifiers; energy and water efficiency programs; energy recovery ventilators and power solutions; energy storage; furnaces; home automation; humidifiers; HVAC performance-monitoring products; and indoor air quality assessments and related products for HVAC and transport solutions. The company also provides asset management, building management, bus air purification, bus and rail HVAC, container refrigeration, control, ductless, geothermal, data center and multi-pipe HVAC, package heating and cooling, rail refrigeration, residential air filtration, self and vehicle powered truck refrigeration, temporary heating and cooling, truck refrigeration, unitary, variable refrigerant flow, and trailer refrigeration systems. In addition, it offers industrial process refrigeration, installation contracting, lighting retrofit, medical grade refrigeration, refrigerant reclamation, renewable energy and storage, residential hybrid heating, telematics, thermostats/controls and associated digital, ventilation, and stationary cold storage solutions; packaged rooftop units; rate chambers; residential air filters; thermal energy storage; transport heater products; temperature freezers; energy infrastructure programs and management, repair and maintenance, smart and AI-enabled, and rental services; water source heat pumps; and aftermarket and OEM parts and supplies. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. The company was founded in 1885 and is headquartered in Swords, Ireland.

Exchange Ticker
NYQ (United States) TT
FRA (Germany) 2IS.F
SAO (Brazil) I1RP34.SA
IOB (United Kingdom) 0Y2S.IL
Trades
Dividend Yield
0.82%
5y avg 1.37%
Annual Dividends
3.98USD
Next Ex. Div Date
June 5, 2026
Payout Ratio
29.67%
Dividend History paid per year (USD)
Historical Dividends
Year Total Dividends
2027
2.36 USD
June 30, 2027 (estimated) 1.1782
March 31, 2027 (estimated) 1.1782
2026
4.21 USD
Dec. 31, 2026 (estimated) 1.0547
Sept. 30, 2026 (estimated) 1.0547
June 30, 2026 1.0500
March 31, 2026 1.0500
2025
3.76 USD
Dec. 31, 2025 0.9400
Sept. 30, 2025 0.9400
June 30, 2025 0.9400
March 31, 2025 0.9400
2024
3.36 USD
Dec. 31, 2024 0.8400
Sept. 30, 2024 0.8400
June 28, 2024 0.8400
March 29, 2024 0.8400
2023
3.00 USD
Dec. 29, 2023 0.7500
Sept. 29, 2023 0.7500
June 30, 2023 0.7500
March 31, 2023 0.7500
2022
2.68 USD
Dec. 30, 2022 0.6700
Sept. 30, 2022 0.6700
June 30, 2022 0.6700
March 31, 2022 0.6700
2021
2.36 USD
Dec. 31, 2021 0.5900
Sept. 30, 2021 0.5900
June 30, 2021 0.5900
March 31, 2021 0.5900
2020
2.12 USD
Dec. 31, 2020 0.5300
Sept. 30, 2020 0.5300
June 30, 2020 0.5300
March 31, 2020 0.5300
2019
1.64 USD
Dec. 31, 2019 0.4112
Sept. 30, 2019 0.4112
June 28, 2019 0.4112
March 29, 2019 0.4112
2018
1.52 USD
Dec. 31, 2018 0.4112
Sept. 28, 2018 0.4112
June 29, 2018 0.3491
March 30, 2018 0.3491
2017
1.32 USD
Dec. 29, 2017 0.3491
Sept. 29, 2017 0.3491
June 30, 2017 0.3103
March 31, 2017 0.3103
2016
1.06 USD
Dec. 7, 2016 0.3103
Sept. 7, 2016 0.2483
June 8, 2016 0.2483
March 9, 2016 0.2483
2015
0.90 USD
Dec. 9, 2015 0.2250
Sept. 9, 2015 0.2250
June 10, 2015 0.2250
March 11, 2015 0.2250
2014
0.78 USD
Dec. 10, 2014 0.1939
Sept. 10, 2014 0.1939
June 11, 2014 0.1939
March 12, 2014 0.1939
2013
0.52 USD
Oct. 30, 2013 0.1301
Sept. 11, 2013 0.1301
June 12, 2013 0.1301
March 8, 2013 0.1301
2012
0.40 USD
Dec. 12, 2012 0.0991
Sept. 11, 2012 0.0991
June 14, 2012 0.0991
March 8, 2012 0.0991
2011
0.27 USD
Dec. 12, 2011 0.0744
Sept. 9, 2011 0.0744
June 15, 2011 0.0744
March 9, 2011 0.0434
2010
0.17 USD
Dec. 10, 2010 0.0434
Sept. 10, 2010 0.0434
June 10, 2010 0.0434
Feb. 12, 2010 0.0434
2009
0.31 USD
Nov. 10, 2009 0.0434
Aug. 14, 2009 0.0434
May 12, 2009 0.1115
Feb. 11, 2009 0.1115
2008
0.45 USD
Nov. 12, 2008 0.1115
Aug. 13, 2008 0.1115
May 13, 2008 0.1115
Feb. 13, 2008 0.1115
2007
0.45 USD
Nov. 8, 2007 0.1115
Aug. 13, 2007 0.1115
May 11, 2007 0.1115
Feb. 14, 2007 0.1115
2006
0.42 USD
Nov. 9, 2006 0.1115
Aug. 11, 2006 0.1115
May 12, 2006 0.0991
Feb. 10, 2006 0.0991
2005
0.35 USD
Nov. 9, 2005 0.0991
Aug. 12, 2005 0.0991
May 12, 2005 0.0775
Feb. 11, 2005 0.0775
2004
0.27 USD
Nov. 10, 2004 0.0775
Aug. 13, 2004 0.0775
May 13, 2004 0.0589
Feb. 12, 2004 0.0589
2003
0.22 USD
Nov. 13, 2003 0.0589
Aug. 14, 2003 0.0589
May 13, 2003 0.0527
Feb. 13, 2003 0.0527
2002
0.21 USD
Nov. 14, 2002 0.0527
Aug. 15, 2002 0.0527
May 16, 2002 0.0527
Feb. 14, 2002 0.0527
2001
0.21 USD
Nov. 13, 2001 0.0527
Aug. 14, 2001 0.0527
May 14, 2001 0.0527
Feb. 15, 2001 0.0527
2000
0.21 USD
Nov. 13, 2000 0.0527
Aug. 14, 2000 0.0527
May 12, 2000 0.0527
Feb. 11, 2000 0.0527
1999
0.20 USD
Nov. 12, 1999 0.0527
Aug. 13, 1999 0.0527
May 13, 1999 0.0465
Feb. 11, 1999 0.0465
1998
0.19 USD
Nov. 13, 1998 0.0465
Aug. 14, 1998 0.0465
May 14, 1998 0.0465
Feb. 12, 1998 0.0465
1997
0.18 USD
Nov. 14, 1997 0.0465
Aug. 15, 1997 0.0465
May 15, 1997 0.0423
Feb. 13, 1997 0.0423
1996
0.16 USD
Nov. 14, 1996 0.0423
Aug. 16, 1996 0.0423
May 14, 1996 0.0382
Feb. 15, 1996 0.0382
1995
0.15 USD
Nov. 13, 1995 0.0382
Aug. 14, 1995 0.0382
May 11, 1995 0.0382
Feb. 9, 1995 0.0382
1994
0.15 USD
Nov. 9, 1994 0.0382
Aug. 11, 1994 0.0382
May 12, 1994 0.0361
Feb. 9, 1994 0.0361
1993
0.14 USD
Nov. 12, 1993 0.0361
Aug. 16, 1993 0.0361
May 13, 1993 0.0361
Feb. 10, 1993 0.0361
1992
0.14 USD
Nov. 12, 1992 0.0361
Aug. 14, 1992 0.0361
May 13, 1992 0.0361
Feb. 12, 1992 0.0341
1991
0.14 USD
Nov. 15, 1991 0.0341
Aug. 15, 1991 0.0341
May 16, 1991 0.0341
Feb. 12, 1991 0.0341
1990
0.13 USD
Nov. 14, 1990 0.0341
Aug. 16, 1990 0.0341
May 15, 1990 0.0310
Feb. 13, 1990 0.0310
1989
0.12 USD
Nov. 14, 1989 0.0310
Aug. 16, 1989 0.0310
May 15, 1989 0.0310
Feb. 10, 1989 0.0269
1988
0.11 USD
Nov. 15, 1988 0.0269
Aug. 15, 1988 0.0269
May 16, 1988 0.0269
Feb. 12, 1988 0.0269
1987
0.11 USD
Nov. 16, 1987 0.0269
Aug. 17, 1987 0.0269
May 15, 1987 0.0269
Feb. 12, 1987 0.0269
1986
0.11 USD
Nov. 13, 1986 0.0269
Aug. 14, 1986 0.0269
May 15, 1986 0.0269
Feb. 13, 1986 0.0269
1985
0.11 USD
Nov. 14, 1985 0.0269
Aug. 15, 1985 0.0269
May 13, 1985 0.0269
Feb. 19, 1985 0.0269
1984
0.11 USD
Nov. 19, 1984 0.0269
Aug. 13, 1984 0.0269
May 14, 1984 0.0269
Feb. 13, 1984 0.0269
1983
0.11 USD
Nov. 15, 1983 0.0269
Aug. 16, 1983 0.0269
May 16, 1983 0.0269
Feb. 11, 1983 0.0269
Upcoming Dividends
Name Payment Date Status Amount
Trane Technologies plc Jun 30, 2026 1.05 USD
Trane Technologies plc Mar 31, 2026 1.05 USD
Trane Technologies plc Dec 31, 2025 0.94 USD
Trane Technologies plc Sep 30, 2025 0.94 USD
Stock Splits
Split Date Split Ratio to 1
Sept. 2, 2005 2.000000
Dec. 2, 2013 1.250000
March 2, 2020 1.290000
Sept. 3, 1997 1.500000
June 2, 1992 2.000000
July 13, 1987 2.500000
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