What are Trane Technologies's profit margins?

Trane Technologies (TT) runs a 31.8% gross margin and a 18.2% operating margin, with a 13.4% net margin.

Where do Trane Technologies's ratios come from?

Every ratio is computed from Trane Technologies's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Trane Technologies TT Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Operating margin	74%+3.6pp	73.9%+4.9pp	73%+5.2pp	71.6%+5.2pp	70.3%+5.2pp
Net margin	54.8%+3.3pp	54.9%+5.0pp	54.1%+5.8pp	52.9%+6.0pp	51.5%+5.7pp
Returns
Return on equity	147.9%+4.6pp	149.9%+11.3pp	149.1%+15.1pp	146.8%+16.2pp	143.3%+16.5pp
Return on invested capital	122.1%+26.3pp	115.3%+22.4pp	107.1%+17.8pp	98.9%+11.8pp	95.9%+10.8pp
Efficiency
Asset turnover	4×+0.1×	4.1×+0.1×	4×+0.2×	4×+0.2×	4×+0.2×
Liquidity
Current ratio	4.7×0.0×	4.6×-0.1×	4.6×0.0×	4.6×-0.1×	4.7×-0.1×
Leverage
Debt-to-equity	2.2×-0.5×	2.4×-0.4×	2.4×-0.4×	2.6×-0.3×	2.7×-0.2×
Net debt / EBITDA	3.9×-0.9×	4.2×-0.9×	4.2×-1.3×	4.5×-1.1×	4.9×-0.9×
Valuation
Market capitalization	$368.11B+14.5%	$351.44B+11.8%	$348.25B+21.5%	$342.45B+39.9%	$321.57B+50.4%
Price / earnings	126.9×-1.0×	122.7×-9.3×	125.5×-1.5×	129.2×+14.2×	127.9×+21.9×
Price / sales	17.4×+1.0×	16.8×+0.4×	17×+1.6×	17.1×+3.5×	16.4×+4.3×
Price / book	44.3×+0.7×	43.6×+0.2×	44.7×+4.5×	45×+9.5×	43.6×+11.8×
EV / EBITDA	89.6×+0.4×	87×-3.8×	88.5×+1.8×	90.7×+12.5×	89.2×+17.0×
Dividend yield	3.6%-0.1pp	3.7%0.0pp	3.6%-0.4pp	3.6%-1.1pp	3.7%-1.4pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Trane Technologies.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What are Trane Technologies's profit margins?: Trane Technologies (TT) runs a 31.8% gross margin and a 18.2% operating margin, with a 13.4% net margin.
Where do Trane Technologies's ratios come from?: Every ratio is computed from Trane Technologies's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.