Trane Technologies Product — Cost of Product and Service Sold remained flat by 0.0% to $2.36B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 5.6%, from $2.23B to $2.36B. Over 4 years (FY 2021 to FY 2025), Product — Cost of Product and Service Sold shows an upward trend with a 8.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to revenue suggests margin compression due to rising input costs or production inefficiencies, whereas a decrease relative to revenue suggests improved operational leverage or better supply chain management.
This metric captures the direct costs associated with manufacturing, sourcing, and delivering the products and services...
Comparable to 'Cost of Goods Sold' (COGS) or 'Direct Production Costs' reported by diversified industrial and manufacturing companies.
tt_segment_product_cost_of_product_and_service_sold| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $6.84B | $7.94B | $8.41B | $8.93B | $9.43B |
| YoY Change | — | +16.0% | +6.0% | +6.1% | +5.6% |