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Net margin at other companies

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Modine ManufacturingMOD
4.3%-2.9pp
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SPX TechnologiesSPXC
10.8%+0.6pp
WSO
WatscoWSO
6.5%-0.5pp
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EMCOR GroupEME
7.7%+0.7pp
Aaon logo
AaonAAON
7.3%-5.3pp
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Johnson Controls InternationalJCI
14.3%+3.2pp

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$100.1B+3.7%
P/E33.9×+0.1×
P/S4.5×-0.1×

Profitability

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Gross margin31.8%
Operating margin17.9%-0.4pp
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

Calculated from Trane Technologies’s reported figures.

Based on trailing twelve months.

The source filing: Trane Technologies’s 8-K, filed July 30, 2026. Open the filing →

Filed
Jul 30, 2026, 6:00 AM EDT
Accession
0001628280-26-050743

FAQ

What is Trane Technologies's net margin?
Trane Technologies (TT) reported net margin of 13.3% in Q2 2026.
How has Trane Technologies's net margin changed year-over-year?
Trane Technologies's net margin decreased by 3.5% year-over-year, from 13.8% to 13.3%.
What is the long-term trend for Trane Technologies's net margin?
Over 5 years (2020 to 2025), Trane Technologies's net margin has grown at a 14.8% compound annual growth rate (CAGR), from 6.9% to 13.7%.
What does net margin mean?
Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

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