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Trane Technologies TT Price / sales

Price / sales at other companies

EMCOR Group logo
EMCOR GroupEME
1.9×+0.7×
Johnson Controls International logo
Johnson Controls InternationalJCI
3.3×+1.0×
Comfort Systems USA logo
Comfort Systems USAFIX
3.5×+1.4×
Lennox International logo
Lennox InternationalLII
3.1×-0.6×
Carrier Global logo
Carrier GlobalCARR
2.2×-0.3×
Vertiv Holdings Co logo
Vertiv Holdings CoVRT
8.8×+5.6×

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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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+84.5%
CapEx$79.7M-33.0%
Free cash flow$546.5M+148%

Valuation

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Market cap$104.45B+22.1%
P/E36×+4.8×

Profitability

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Gross margin31.8%
Operating margin18.2%0.0pp
Net margin13.4%-0.1pp

Returns & leverage

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Return on equity36%-2.0pp
Debt / equity0.5×-0.2×
Current ratio1.1×0.0×

Where this comes from

Calculated from Trane Technologies’s reported figures.

Based on the most recent quarter.

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 price / sales?
Trane Technologies (TT) reported price / sales of 4.3× in Q1 2026.
How has Trane Technologies's price / sales changed year-over-year?
Trane Technologies's price / sales increased by 14.8% year-over-year, from 3.7× to 4.3×.
What is the long-term trend for Trane Technologies's price / sales?
Over 4 years (2021 to 2025), Trane Technologies's price / sales has grown at a 7.4% compound annual growth rate (CAGR), from 12.6× to 16.8×.
What does price / sales mean?
How many dollars investors pay for each dollar of the company's annual sales.
How do you interpret price / sales?
Useful when earnings are negative or volatile (e.g. early-stage or cyclical firms). Only comparable across companies with similar margins — a sales dollar is worth more at a high-margin business.
How does price / sales compare across companies?
Best compared within a margin cohort; a software P/S and a retailer P/S are not directly comparable.