Income StatementBalance SheetCash FlowSegments
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Trane Technologies Income Statement

Revenue, expenses, and profitability over time

Trane Technologies generated $21.6B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was $2.9B with a 13.42% net margin. Gross margin stands at 35.57% and operating margin at 18.17%. Diluted EPS is $12.93, which grew 0.1% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$21.6BGross Profit (TTM)$4.4BOperating Income (TTM)$3.9BNet Income (TTM)$2.9BEps Diluted (TTM)$12.93
Latest FilingQ1 2026
Report Date2026-04-30
Market Cap$106.48B
P/E Ratio36.74
ROE36.04%

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income from discontinued operations-$3.5M-$8.9M$2.9M-$9.4M-$21.6M-$10.0M
Net income$604.3M$604.9M$874.8M$847.6M$591.3M$584.4M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$2.68$2.70$3.92$3.81$2.66$2.64
Basic EPS from discontinued operations$-0.02$-0.04$0.02$-0.04$-0.10$-0.04
Diluted earnings per share$2.65$2.67$3.89$3.78$2.64$2.62
Continuing operations (in dollars per share)—$2.74———$2.68
Continuing operations (in dollars per share)—$2.71———$2.66
Discontinued operations (in dollars per share)—$-0.04———$-0.04
Weighted-average shares, basic—224.4M223.2M222.6M—221.6M
Weighted-average shares, diluted—226.4M225.1M224.4M—223.1M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit—$1.7B$2.2B$2.1B—$1.7B
Operating income$807.5M$818.9M$1.2B$1.2B$819.0M$776.1M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$135.2M$134.9M$216.7M$231.5M$122.8M$136.3M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest expense$59.8M$58.1M$57.4M$55.6M$55.6M$55.6M
Other income (expense), net—-$7.9M-$14.1M-$18.0M-$22.1M$15.3M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent—$613.8M———$594.4M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Selling, general and administrative$903.2M$858.6M$996.4M$952.9M$934.9M$952.0M

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue—$3.0B$3.6B$3.6B—$3.2B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$4.9B$4.7B$5.7B$5.7B$5.1B$5.0B