Trane Technologies TT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net revenues by Geography | ||||||
| Americas | $4B+5.2% | $4.01B+5.5% | $4.66B+4.2% | $4.69B+9.4% | $3.8B+14.0% | |
| Asia Pacific | $331.5M+5.5% | $360.9M-5.4% | $329.6M+10.4% | $346.2M-6.7% | $314.3M-4.0% | |
| EMEA | $639.5M+11.5% | $771.1M+11.7% | $749.6M+12.2% | $707.9M+9.7% | $573.5M+3.6% | |
| Segment Operating Income As a Percentage Of Revenues by Geography | ||||||
| Americas | 71,700,000,000%+4,040,000,000pp | —— | 101,800,000,000%+9,730,000,000pp | 105,280,000,000%+14,890,000,000pp | 67,660,000,000%+13,140,000,000pp | |
| Asia Pacific | 7,320,000,000%+670,000,000pp | —— | 7,420,000,000%+1,730,000,000pp | 7,470,000,000%-1,460,000,000pp | 6,650,000,000%+10,000,000pp | |
| EMEA | 7,620,000,000%-720,000,000pp | —— | 14,790,000,000%+1,080,000,000pp | 12,270,000,000%+170,000,000pp | 8,340,000,000%-1,230,000,000pp | |
| Other Operating Income by Geography | ||||||
| Americas | $1M+145% | -$4.5M-15.4% | -$9.6M-405% | -$3.8M-72.7% | -$2.2M+82.4% | |
| Asia Pacific | $1.6M+433% | -$1.4M-800% | -$900K-164% | $1.5M+36.4% | $300K— | |
| EMEA | -$1.1M+45.0% | -$1.9M— | -$1M+72.2% | -$5.2M-643% | -$2M+72.2% | |
| Segment Adjusted EBITDA by Geography | ||||||
| Americas | $791M+5.0% | $757.3M+2.1% | $1.08B+8.4% | $1.13B+15.0% | $753.5M+24.6% | |
| Asia Pacific | $78.5M+10.9% | $94.9M-5.9% | $76.8M+22.5% | $80.8M-14.8% | $70.8M0.0% | |
| EMEA | $86.5M-6.1% | $133.9M+2.7% | $157.4M+9.1% | $129.5M-1.1% | $92.1M-7.3% | |
| Selling, General and Administrative Expense by Geography | ||||||
| Americas | $687.8M+0.1% | $686.4M+3.0% | $718.1M+3.4% | $729.7M+11.4% | $687.2M+14.9% | |
| Asia Pacific | $56.4M+2.9% | $53M-2.2% | $56.8M-0.5% | $61.9M+3.2% | $54.8M-0.5% | |
| EMEA | $124.9M+8.6% | $115.8M+2.8% | $116.4M+3.3% | $124.3M+11.2% | $115M+9.6% | |
| Cost of Product and Service Sold by Geography | ||||||
| Americas | $2.59B+6.4% | —— | $2.93B+2.4% | $2.91B+6.5% | $2.44B+11.2% | |
| Asia Pacific | $201.9M+4.6% | —— | $198.6M+7.6% | $209.6M-5.5% | $193M-6.2% | |
| EMEA | $438.4M+16.9% | —— | $485.3M+16.1% | $460.9M+11.7% | $375.1M+6.3% | |
| Adjusted depreciation and amortization by Geography | ||||||
| Americas | -$73M+7.7% | $518.9M-0.9% | -$69M+8.1% | -$76.3M+0.3% | -$79.1M-9.7% | |
| Asia Pacific | -$3.7M+7.5% | $28M-10.3% | -$3.5M+20.5% | -$4.6M-4.5% | -$4M+9.1% | |
| EMEA | -$11.4M-6.5% | $77.3M+1.8% | -$10.5M+2.8% | -$12M-12.1% | -$10.7M+1.8% | |
| Goodwill, Foreign Currency Translation, Gain (Loss) by Geography | ||||||
| Americas | -$3.7M-331% | $3.5M+176% | —— | $10.3M+1,130% | $1.6M+184% | |
| Asia Pacific | $5.4M+86.2% | $7.9M+138% | $2.8M-85.3% | $6.6M+289% | $2.9M+133% | |
| EMEA | -$23.8M-168% | $2.1M+103% | $0-100% | $72.8M+1,355% | $35M+267% | |
| Goodwill, Acquired During Period by Geography | ||||||
| Americas | $510.7M+201% | —— | —— | $100K— | $169.4M— | |
| Asia Pacific | $0— | $0— | $0— | $0— | $0— | |
| EMEA | $11.8M-44.6% | $200K— | $0— | $1.3M— | $21.3M— | |
| Goodwill by Geography | ||||||
| Americas | $5.46B+10.4% | $4.95B+3.8% | $4.95B+3.6% | $4.95B+5.8% | $4.94B+5.8% | |
| Asia Pacific | $562.8M+4.2% | $557.4M+3.8% | $549.5M-1.5% | $546.7M+1.5% | $540.1M-0.4% | |
| EMEA | $938.5M+6.9% | $950.5M+15.7% | $947.7M+7.3% | $952M+12.8% | $877.9M+3.5% |
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.
