What is Trane Technologies's total cost of revenue?

Trane Technologies (TT) reported total cost of revenue of $3.24B in Q1 2026.

How has Trane Technologies's total cost of revenue changed year-over-year?

Trane Technologies's total cost of revenue increased by 7.6% year-over-year, from $3.01B to $3.24B.

What does total cost of revenue mean?

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

Trane Technologies TT Total Cost of Revenue

Total Cost of Revenue at other companies

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$336.2M+17.3%

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$1.11B+0.4%

EMCOR GroupEME

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$371.97M+57.8%

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Segments

By geography

See full

Americas$10.91B+6.4%

EMEA$1.85B+12.8%

Asia Pacific$816.4M-3.2%

By product

See full

Service$4.19B+9.3%

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

See full

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

See full

Operating cash flow$626.2M+84.4%

CapEx$79.7M-33.0%

Free cash flow$546.5M+148%

Valuation

See full

Market cap$111.29B+18.9%

P/E38.4×+4.2×

P/S5.2×+0.5×

Profitability

See full

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:CostOfGoodsAndServicesSold.

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 total cost of revenue?: Trane Technologies (TT) reported total cost of revenue of $3.24B in Q1 2026.
How has Trane Technologies's total cost of revenue changed year-over-year?: Trane Technologies's total cost of revenue increased by 7.6% year-over-year, from $3.01B to $3.24B.
What does total cost of revenue mean?: The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.