Trane Technologies Americas — Cost of Product and Service Sold increased by 0.6% to $2.93B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.4%, from $2.86B to $2.93B. Over 2 years (FY 2022 to FY 2024), Americas — Cost of Product and Service Sold shows an upward trend with a 8.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A rising ratio of these costs to revenue indicates margin compression, while a falling ratio suggests improved pricing power or operational efficiency.
This metric represents the total direct expenses incurred to produce and deliver the products and services sold by the A...
Directly comparable to Cost of Goods Sold (COGS) reported by competitors in the HVAC and climate control industry.
tt_segment_americas_cost_of_product_and_service_sold| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.18B | $2.18B | $2.18B | $2.18B | $2.32B | $2.32B | $2.32B | $2.32B | $2.19B | $2.73B | $2.86B | $2.47B | $2.44B | $2.91B | $2.93B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +6.3% | +0.0% | +0.0% | +0.0% | -5.4% | +24.6% | +4.7% | -13.7% | -1.2% | +19.4% | +0.6% |
| YoY Change | — | — | — | — | +6.3% | +6.3% | +6.3% | +6.3% | -5.4% | +18.0% | +23.5% | +6.5% | +11.2% | +6.5% | +2.4% |