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Trane Technologies TT Q4 2025 Annual earnings

Reported January 29, 2026 · Before market open

Revenue$5.1BBeat by $57.4M
EPS$2.86Beat by $0.05
Revenue estimate$5.1B
EPS estimate$2.81

Next report

Oct 29, 2026 (In 3 weeks)
Revenue estimate$6.5B
EPS estimate$4.74

Financials

Q4 2025

Income statement

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Revenue$5.1B+5.5%
Operating income$819.0M+1.4%
Net income$591.3M-2.2%
EPS (diluted)$2.650.0%

Balance sheet

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Cash & equivalents$1.8B+10.9%
Total debt$5.4B+14.0%
Total equity$8.6B+15.0%
Total assets$21.4B+6.3%

Cash flow

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Operating cash flow$1.2B+28.8%
CapEx$105.8M-15.8%
Free cash flow$1.1B+36.0%

Valuation & ratios

Valuation

as of 12/31/25
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Market cap$86.3B+3.8%
Enterprise value$89.98B+4.3%
P/E29.6×-2.8×
P/S4×-0.1×

Profitability

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Operating margin18.6%+1.0pp
Net margin13.7%+0.7pp
FCF margin13.2%-0.8pp

Returns & leverage

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Return on equity36.4%+0.9pp
Debt / equity0.6×0.0×
Current ratio1.3×0.0×

Segments

By geography

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Americas$4.0B+5.5%
EMEA$771.1M+11.7%
Asia Pacific$360.9M-5.4%

By product

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Service$1.8B+12.6%

FAQ

When did Trane Technologies report Q4 2025 earnings?
Trane Technologies (TT) reported Q4 2025 earnings on January 29, 2026 before market open.
What were Trane Technologies's Q4 2025 revenue and EPS?
Trane Technologies reported revenue of $5.1B and eps of $2.86 for Q4 2025.
Did Trane Technologies beat estimates in Q4 2025?
Revenue beat the consensus estimate of $5.1B by $57.4M. EPS beat the consensus estimate of $2.81 by $0.05.
How did Trane Technologies's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 5.5% from $4.9B a year earlier and eps grew 9.6% from $2.61.
Where can I find Trane Technologies's Q4 2025 SEC filings?
You can read the 8-K earnings release (0001628280-26-003953) and the 10-K periodic report (0001628280-26-005731) directly on SEC EDGAR. The filing index links above go to sec.gov.