Trane Technologies TT Gross margin
Discontinued — last reported Q3 '21
Gross margin at other companies
Other financials
Where this comes from
Calculated from Trane Technologies’s reported figures.
Based on trailing twelve months.
The official record: Trane Technologies’s 10-Q, filed November 3, 2021, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Trane Technologies's gross margin?
- Trane Technologies (TT) reported gross margin of 31.8% in Q3 2021.
- What does gross margin mean?
- How much of every sales dollar is left after the direct cost of what was sold.
- How do you interpret gross margin?
- Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
- How does gross margin compare across companies?
- Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.