What is Trane Technologies's PP&E (net)?

Trane Technologies (TT) reported PP&E (net) of $2.34B in Q1 2026.

How has Trane Technologies's PP&E (net) changed year-over-year?

Trane Technologies's PP&E (net) increased by 13.1% year-over-year, from $2.07B to $2.34B.

What is the long-term trend for Trane Technologies's PP&E (net)?

Over 5 years (2020 to 2025), Trane Technologies's PP&E (net) has grown at a 10.8% compound annual growth rate (CAGR), from $1.35B to $2.25B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Trane Technologies TT PP&E (Net)

PP&E (Net) at other companies

Modine ManufacturingMOD

$520.9M+33.4%

SPX TechnologiesSPXC

$307.2M+37.4%

WSO

WatscoWSO

$133.3M-3.5%

EMCOR GroupEME

$264.7M+15.6%

AaonAAON

$654.86M+18.6%

Johnson Controls InternationalJCI

$2.1B-13.5%

Other financials

Income statement

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Revenue$5.0B+6.0%

Gross profit$1.7B+3.0%

Operating income$776.1M-5.2%

Net income$584.4M-3.4%

EPS (diluted)$2.62-1.9%

Balance sheet

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Cash & equivalents$1.8B+10.9%

Total debt$3.9B-17.8%

Total equity$8.6B+14.7%

Total assets$22.8B+13.1%

Cash flow

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Operating cash flow$626.2M+84.4%

CapEx$79.7M-33.0%

Free cash flow$546.5M+148%

Valuation

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Market cap$106.33B+0.9%

P/E36.7×-0.2×

P/S4.9×-0.2×

Profitability

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Gross margin31.8%—

Operating margin18.2%0.0pp

Net margin13.4%-0.1pp

FCF margin14.5%+0.6pp

Returns & leverage

See full

Return on equity36%-2.0pp

Debt / equity0.5×-0.2×

Current ratio1.1×0.0×

Where this comes from

Reported directly by Trane Technologies in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

The official record: Trane Technologies’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Trane Technologies's PP&E (net)?: Trane Technologies (TT) reported PP&E (net) of $2.34B in Q1 2026.
How has Trane Technologies's PP&E (net) changed year-over-year?: Trane Technologies's PP&E (net) increased by 13.1% year-over-year, from $2.07B to $2.34B.
What is the long-term trend for Trane Technologies's PP&E (net)?: Over 5 years (2020 to 2025), Trane Technologies's PP&E (net) has grown at a 10.8% compound annual growth rate (CAGR), from $1.35B to $2.25B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.