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Trane Technologies TT Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

Modine Manufacturing logo
Modine ManufacturingMOD
$8.3M+15.3%
WSO
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$478.8M+3.8%
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AmerescoAMRC
$45.38M+32.9%
Tetra Tech logo
Tetra TechTTEK
$370K+201%
TGE
Tecogen Inc.TGEN
-$171.12K-23.8%
IES
IES Holdings, Inc.IESC
$4.57M-88.8%

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:MinorityInterest.

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
In millions(Unaudited) / March 31,2026December 31,2025
Ordinary shares244.7245.0
Ordinary shares held in treasury, at cost(1,649.1)(1,649.1)
Retained earnings10,491.010,422.1
Accumulated other comprehensive income (loss)(495.7)(438.8)
Total Trane Technologies plc shareholders' equity8,590.98,579.2
Noncontrolling interests21.621.7
Total equity8,612.58,600.9
Total liabilities and equity$22,754.8$21,420.7

Item 1.Financial Statements

FAQ

What is Trane Technologies's noncontrolling interests in subsidiaries?
Trane Technologies (TT) reported noncontrolling interests in subsidiaries of $21.6M in Q1 2026.
How has Trane Technologies's noncontrolling interests in subsidiaries changed year-over-year?
Trane Technologies's noncontrolling interests in subsidiaries decreased by 18.5% year-over-year, from $26.5M to $21.6M.
What is the long-term trend for Trane Technologies's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Trane Technologies's noncontrolling interests in subsidiaries has grown at a 2.3% compound annual growth rate (CAGR), from $19.4M to $21.7M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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