Trane Technologies TT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net revenues by Geography | ||||||
| Americas | $4B-0.4% | $4.01B-14.0% | $4.66B-0.6% | $4.69B+23.5% | $3.8B0.0% | |
| Asia Pacific | $331.5M-8.1% | $360.9M+9.5% | $329.6M-4.8% | $346.2M+10.1% | $314.3M-17.6% | |
| EMEA | $639.5M-17.1% | $771.1M+2.9% | $749.6M+5.9% | $707.9M+23.4% | $573.5M-16.9% | |
| Segment Operating Income As a Percentage Of Revenues by Geography | ||||||
| Americas | 71,700,000,000%— | —— | 101,800,000,000%-3,480,000,000pp | 105,280,000,000%+37,620,000,000pp | 67,660,000,000%+730,000,000pp | |
| Asia Pacific | 7,320,000,000%— | —— | 7,420,000,000%-50,000,000pp | 7,470,000,000%+820,000,000pp | 6,650,000,000%-2,960,000,000pp | |
| EMEA | 7,620,000,000%— | —— | 14,790,000,000%+2,520,000,000pp | 12,270,000,000%+3,930,000,000pp | 8,340,000,000%-3,560,000,000pp | |
| Other Operating Income by Geography | ||||||
| Americas | $1M+122% | -$4.5M+53.1% | -$9.6M-153% | -$3.8M-72.7% | -$2.2M+43.6% | |
| Asia Pacific | $1.6M+214% | -$1.4M-55.6% | -$900K-160% | $1.5M+400% | $300K+50.0% | |
| EMEA | -$1.1M+42.1% | -$1.9M-90.0% | -$1M+80.8% | -$5.2M-160% | -$2M— | |
| Segment Adjusted EBITDA by Geography | ||||||
| Americas | $791M+4.5% | $757.3M-29.7% | $1.08B-4.3% | $1.13B+49.3% | $753.5M+1.6% | |
| Asia Pacific | $78.5M-17.3% | $94.9M+23.6% | $76.8M-5.0% | $80.8M+14.1% | $70.8M-29.8% | |
| EMEA | $86.5M-35.4% | $133.9M-14.9% | $157.4M+21.5% | $129.5M+40.6% | $92.1M-29.4% | |
| Selling, General and Administrative Expense by Geography | ||||||
| Americas | $687.8M+0.2% | $686.4M-4.4% | $718.1M-1.6% | $729.7M+6.2% | $687.2M+3.2% | |
| Asia Pacific | $56.4M+6.4% | $53M-6.7% | $56.8M-8.2% | $61.9M+13.0% | $54.8M+1.1% | |
| EMEA | $124.9M+7.9% | $115.8M-0.5% | $116.4M-6.4% | $124.3M+8.1% | $115M+2.1% | |
| Cost of Product and Service Sold by Geography | ||||||
| Americas | $2.59B— | —— | $2.93B+0.6% | $2.91B+19.4% | $2.44B-1.2% | |
| Asia Pacific | $201.9M— | —— | $198.6M-5.2% | $209.6M+8.6% | $193M-16.5% | |
| EMEA | $438.4M— | —— | $485.3M+5.3% | $460.9M+22.9% | $375.1M-18.2% | |
| Adjusted depreciation and amortization by Geography | ||||||
| Americas | -$73M-114% | $518.9M+852% | -$69M+9.6% | -$76.3M+3.5% | -$79.1M-115% | |
| Asia Pacific | -$3.7M-113% | $28M+900% | -$3.5M+23.9% | -$4.6M-15.0% | -$4M-113% | |
| EMEA | -$11.4M-115% | $77.3M+836% | -$10.5M+12.5% | -$12M-12.1% | -$10.7M-114% | |
| Goodwill, Foreign Currency Translation, Gain (Loss) by Geography | ||||||
| Americas | -$3.7M-206% | $3.5M— | —— | $10.3M+544% | $1.6M+135% | |
| Asia Pacific | $5.4M-31.6% | $7.9M+182% | $2.8M-57.6% | $6.6M+128% | $2.9M+114% | |
| EMEA | -$23.8M-1,233% | $2.1M— | $0-100% | $72.8M+108% | $35M+156% | |
| Goodwill, Acquired During Period by Geography | ||||||
| Americas | $510.7M— | —— | —— | $100K-99.9% | $169.4M— | |
| Asia Pacific | $0— | $0— | $0— | $0— | $0— | |
| EMEA | $11.8M+5,800% | $200K— | $0-100% | $1.3M-93.9% | $21.3M— | |
| Goodwill by Geography | ||||||
| Americas | $5.46B+10.2% | $4.95B0.0% | $4.95B0.0% | $4.95B+0.1% | $4.94B+3.6% | |
| Asia Pacific | $562.8M+1.0% | $557.4M+1.4% | $549.5M+0.5% | $546.7M+1.2% | $540.1M+0.5% | |
| EMEA | $938.5M-1.3% | $950.5M+0.3% | $947.7M-0.5% | $952M+8.4% | $877.9M+6.9% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Trane Technologies break its business down?
- Trane Technologies (TT) reports net revenues by geography across 3 parts — Americas, Asia Pacific and EMEA. Each is extracted from the segment footnotes and tracked over time.
- Where does Trane Technologies's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Trane Technologies's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
