Operating Income

Operating Income

Trane Technologies Operating Income decreased by 5.2% to $776.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.2%, from $818.90M to $776.10M. Over 4 years (FY 2021 to FY 2025), Operating Income shows an upward trend with a 18.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.

Detailed definition

Operating income is the profit realized from a company's core business operations after deducting all operating expenses...

Peer comparison

A standard benchmark for operational performance; peers are compared based on operating margin percentages.

Metric ID: operating_income

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$651.00M$583.40M$435.70M$388.20M$710.60M$739.50M$580.60M$456.80M$885.40M$864.20M$687.60M$633.80M$1.03B$1.02B$807.60M$818.90M$1.16B$1.17B$819.00M$776.10M
QoQ Change-10.4%-25.3%-10.9%+83.0%+4.1%-21.5%-21.3%+93.8%-2.4%-20.4%-7.8%+63.2%-0.9%-21.2%+1.4%+42.2%+0.1%-29.7%-5.2%
YoY Change+9.2%+26.8%+33.3%+17.7%+24.6%+16.9%+18.4%+38.7%+16.8%+18.6%+17.5%+29.2%+12.6%+13.7%+1.4%-5.2%
Range$388.20M$1.17B
CAGR+3.8%
Avg YoY Growth+18.1%
Median YoY Growth+17.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is Trane Technologies's operating income?
Trane Technologies (TT) reported operating income of $776.10M in Q1 2026.
How has Trane Technologies's operating income changed year-over-year?
Trane Technologies's operating income decreased by 5.2% year-over-year, from $818.90M to $776.10M.
What is the long-term trend for Trane Technologies's operating income?
Over 4 years (2021 to 2025), Trane Technologies's operating income has grown at a 18.3% compound annual growth rate (CAGR), from $2.02B to $3.97B.
What does operating income mean?
The profit a company makes from its core business operations before interest and taxes.