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Trane Technologies TT Contract Liabilities, Non-Current

Contract Liabilities, Non-Current at other companies

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Other financials

Income statement

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Revenue$6.4B+10.6%
Gross profit$10.4B+384%
Operating income$1.2B+5.2%
Net income$925.7M+5.8%
EPS (diluted)$4.16+6.9%

Balance sheet

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Cash & equivalents$1.8B+10.9%
Total debt$4.6B0.0%
Total equity$8.6B+10.4%
Total assets$23.9B+14.0%

Cash flow

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Operating cash flow$1.1B+57.2%
CapEx$76.4M-15.0%
Free cash flow$1.1B+75.4%

Valuation

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Market cap$106.12B+10.9%
P/E36×+2.5×
P/S4.8×+0.2×

Profitability

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Gross margin31.8%
Operating margin17.9%-0.4pp
Net margin13.3%-0.5pp
FCF margin16.2%+2.6pp

Returns & leverage

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Return on equity35.8%-2.9pp
Debt / equity0.5×-0.1×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Trane Technologies in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The source filing: Trane Technologies’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 1:32 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-028743

Approximately 33% of the contract liability balance at December 31, 2025 was recognized as revenue during the three months ended March 31, 2026. Additionally, approximately 21% of the contract liability balance at March 31, 2026 was classified as noncurrent and not expected to be recognized as revenue in the next 12 months.

Item 1.Financial Statements

FAQ

What is Trane Technologies's contract liabilities, non-current?
Trane Technologies (TT) reported contract liabilities, non-current of $0.21 in Q1 2026.
How has Trane Technologies's contract liabilities, non-current changed year-over-year?
Trane Technologies's contract liabilities, non-current increased by 10.5% year-over-year, from $0.19 to $0.21.

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