trane technologies plc - TT

TT

Close Chg Chg %
414.61 -5.06 -1.22%

Open Market

409.56

-5.06 (1.22%)

Volume: 582.45K

Last Updated:

Dec 3, 2024, 12:34 PM EDT

Company Overview: trane technologies plc - TT

TT Key Data

Open

$413.90

Day Range

408.07 - 414.91

52 Week Range

226.17 - 422.00

Market Cap

$93.34B

Shares Outstanding

225.02M

Public Float

224.23M

Beta

1.08

Rev. Per Employee

N/A

P/E Ratio

38.47

EPS

$10.89

Yield

78.84%

Dividend

$0.84

EX-DIVIDEND DATE

Dec 6, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

1.21M

 

TT Performance

1 Week
 
-0.34%
 
1 Month
 
10.27%
 
3 Months
 
21.26%
 
1 Year
 
82.30%
 
5 Years
 
214.97%
 

TT Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 28
Full Ratings ➔

About trane technologies plc - TT

Trane Technologies Plc engages in providing solutions to buildings, homes, and transportation. It operates through the following business segments: Americas, EMEA, and Asia Pacific. The Americas segment encompasses commercial heating and cooling systems, building controls, and energy services and solutions, residential heating and cooling, and transport refrigeration systems, and solutions in North America and Latin America regions. The EMEA segment includes heating and cooling systems, services and solutions for commercial buildings, and transport refrigeration systems and solutions in Europe, Middle East, and Africa regions. The Asia Pacific segment is involved in heating and cooling systems, services and solutions for commercial buildings and transport refrigeration systems and solutions in Asia Pacific region. The company was founded in 1871 and is headquartered in Swords, Ireland.

TT At a Glance

Trane Technologies Plc
Airside Business Park
Swords, Dublin
Phone 353-1-8707400 Revenue 17.68B
Industry Industrial Machinery Net Income 2.02B
Sector Producer Manufacturing 2023 Sales Growth 10.542%
Fiscal Year-end 12 / 2024 Employees 40,000
View SEC Filings

TT Valuation

P/E Current 38.466
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 27.802
Price to Sales Ratio 3.183
Price to Book Ratio 7.921
Price to Cash Flow Ratio 23.547
Enterprise Value to EBITDA 18.599
Enterprise Value to Sales 3.422
Total Debt to Enterprise Value 0.088

TT Efficiency

Revenue/Employee 441,940.00
Income Per Employee 50,597.50
Receivables Turnover 5.176
Total Asset Turnover 0.943

TT Liquidity

Current Ratio 1.135
Quick Ratio 0.779
Cash Ratio 0.181

TT Profitability

Gross Margin 33.133
Operating Margin 16.456
Pretax Margin 14.523
Net Margin 11.449
Return on Assets 10.947
Return on Equity 31.353
Return on Total Capital 16.679
Return on Invested Capital 19.053

TT Capital Structure

Total Debt to Total Equity 75.802
Total Debt to Total Capital 43.118
Total Debt to Total Assets 27.344
Long-Term Debt to Equity 62.117
Long-Term Debt to Total Capital 35.333
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Trane Technologies Plc - TT

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
12.45B 14.14B 15.99B 17.68B
Sales Growth
-24.97% +13.50% +13.12% +10.54%
Cost of Goods Sold (COGS) incl D&A
8.62B 9.67B 11.02B 11.82B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
294.30M 294.10M 319.20M 343.50M
Depreciation
178.60M 170.50M 176.50M 178.30M
Amortization of Intangibles
115.70M 123.60M 142.70M 165.20M
COGS Growth
-24.20% +12.06% +13.98% +7.30%
Gross Income
3.83B 4.47B 4.98B 5.86B
Gross Income Growth
-26.65% +16.74% +11.26% +17.73%
Gross Profit Margin
+30.75% +31.63% +31.11% +33.13%
2020 2021 2022 2023 5-year trend
SG&A Expense
2.22B 2.43B 2.53B 2.95B
Research & Development
165.00M 193.50M 211.20M 252.30M
Other SG&A
2.05B 2.23B 2.31B 2.70B
SGA Growth
-28.41% +9.36% +4.05% +16.75%
Other Operating Expense
- - - -
-
Unusual Expense
68.20M 19.10M 28.70M 15.10M
EBIT after Unusual Expense
1.54B 2.03B 2.42B 2.89B
Non Operating Income/Expense
(5.30M) (400.00K) (24.90M) (92.20M)
Non-Operating Interest Income
4.50M 4.00M 9.20M 15.40M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
249.40M 234.40M 224.20M 234.50M
Interest Expense Growth
+2.34% -6.01% -4.35% +4.59%
Gross Interest Expense
249.40M 234.40M 224.20M 234.50M
Interest Capitalized
- - - -
-
Pretax Income
1.29B 1.79B 2.17B 2.57B
Pretax Income Growth
-26.03% +39.01% +21.30% +18.19%
Pretax Margin
+10.34% +12.67% +13.58% +14.52%
Income Tax
296.80M 333.50M 375.90M 498.40M
Income Tax - Current - Domestic
168.30M 247.00M 180.40M 377.60M
Income Tax - Current - Foreign
106.30M 111.70M 127.70M 174.30M
Income Tax - Deferred - Domestic
11.20M (42.50M) 66.50M (18.80M)
Income Tax - Deferred - Foreign
11.00M 17.30M 1.30M (34.70M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
991.40M 1.46B 1.80B 2.07B
Minority Interest Expense
14.20M 13.20M 18.20M 17.80M
Net Income
977.20M 1.44B 1.78B 2.05B
Net Income Growth
-28.69% +47.77% +23.13% +15.36%
Net Margin Growth
+7.85% +10.21% +11.12% +11.60%
Extraordinaries & Discontinued Operations
(122.30M) (20.60M) (21.50M) (27.20M)
Discontinued Operations
(122.30M) (20.60M) (21.50M) (27.20M)
Net Income After Extraordinaries
854.90M 1.42B 1.76B 2.02B
Preferred Dividends
- - - -
-
Net Income Available to Common
854.90M 1.42B 1.76B 2.02B
EPS (Basic)
3.5606 5.9631 7.5516 8.8535
EPS (Basic) Growth
-39.03% +67.47% +26.64% +17.24%
Basic Shares Outstanding
240.10M 238.70M 232.60M 228.60M
EPS (Diluted)
3.5167 5.8745 7.4777 8.7729
EPS (Diluted) Growth
-39.08% +67.05% +27.29% +17.32%
Diluted Shares Outstanding
243.10M 242.30M 234.90M 230.70M
EBITDA
1.91B 2.34B 2.77B 3.25B
EBITDA Growth
-24.37% +22.74% +18.40% +17.46%
EBITDA Margin
+15.30% +16.54% +17.32% +18.40%

Snapshot

Average Recommendation HOLD Average Target Price 420.719
Number of Ratings 28 Current Quarters Estimate 2.516
FY Report Date 12 / 2024 Current Year's Estimate 11.115
Last Quarter’s Earnings 3.37 Median PE on CY Estimate N/A
Year Ago Earnings 9.04 Next Fiscal Year Estimate 12.692
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 22 13 24 24
Mean Estimate 2.52 2.22 11.12 12.69
High Estimates 2.60 2.37 11.19 13.29
Low Estimate 2.40 1.95 10.85 12.40
Coefficient of Variance 1.59 4.37 0.59 1.81

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 8 8 8
OVERWEIGHT 1 1 1
HOLD 15 15 14
UNDERWEIGHT 2 2 1
SELL 2 2 2
MEAN Hold Hold Hold

Insider Actions for Trane Technologies Plc - TT

Date Name Shares Transaction Value
Aug 9, 2024 Raymond D. Pittard Executive Vice President 84,420 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $330 per share 27,858,600.00
Aug 9, 2024 Raymond D. Pittard Executive Vice President 83,517 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $327.31 per share 27,335,949.27
Jul 4, 2024 Dave S. Regnery Chair and CEO; Director 132,946 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $321.36 per share 42,723,526.56
Jun 11, 2024 Linda Parker Hudson Director 1,485 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 11, 2024 Melissa N. Schaeffer Director 1,485 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 11, 2024 April Miller Boise Director 2,946 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 11, 2024 Mark R. George Director 1,485 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 11, 2024 Ana Paula de Jesus Assis Director 627 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 11, 2024 Kirk E. Arnold Director 5,798 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 11, 2024 Myles Peter Lee Director 8,815 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 11, 2024 Ann C. Berzin Director 83,554 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 11, 2024 John P. Surma Director 13,175 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 11, 2024 Gary D. Forsee Director 32,378 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 11, 2024 John Arthur Hayes Director 1,485 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Christopher J. Kuehn Executive Vice President & CFO N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 7, 2024 Christopher J. Kuehn Executive Vice President & CFO 4,025 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 7, 2024 Christopher J. Kuehn Executive Vice President & CFO 61,293 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $321.41 per share 19,700,183.13
Jun 7, 2024 Christopher J. Kuehn Executive Vice President & CFO 65,318 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $70.22 per share 4,586,629.96
Jun 7, 2024 Christopher J. Kuehn Executive Vice President & CFO 61,293 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $318.67 per share 19,532,240.31
Jun 7, 2024 Christopher J. Kuehn Executive Vice President & CFO 65,293 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $70.22 per share 4,584,874.46

Trane Technologies Plc in the News