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Trane Technologies TT Americas — Cost of Product and Service Sold

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Other financials

Income statement

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Revenue$6.4B+10.6%
Gross profit$10.4B+384%
Operating income$1.2B+5.2%
Net income$925.7M+5.8%
EPS (diluted)$4.16+6.9%

Balance sheet

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Cash & equivalents$1.8B+10.9%
Total debt$4.6B0.0%
Total equity$8.6B+10.4%
Total assets$23.9B+14.0%

Cash flow

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Operating cash flow$1.1B+57.2%
CapEx$76.4M-15.0%
Free cash flow$1.1B+75.4%

Valuation

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Market cap$106.4B+12.0%
P/E36.1×+2.8×
P/S4.8×+0.2×

Profitability

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Gross margin31.8%
Operating margin17.9%-0.4pp
Net margin13.3%-0.5pp
FCF margin16.2%+2.6pp

Returns & leverage

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Return on equity35.8%-2.9pp
Debt / equity0.5×-0.1×
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 source filing: Trane Technologies’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 1:32 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-028743
In millionsThree months ended / 2026Three months ended / 2025
Americas
Segment revenues$3,998.4$3,800.7
Segment cost of goods sold(2,593.6)(2,436.9)
Segment selling and administrative expenses(687.8)(687.2)
Segment Adjusted Operating Income$717.0$676.6
Segment depreciation and amortization73.079.1
Segment other income/(expense), net1.0(2.2)
Segment Adjusted EBITDA$791.0$753.5

Item 1.Financial Statements

FAQ

What is Trane Technologies's americas — cost of product and service sold?
Trane Technologies (TT) reported americas — cost of product and service sold of $2.59B in Q1 2026.
How has Trane Technologies's americas — cost of product and service sold changed year-over-year?
Trane Technologies's americas — cost of product and service sold increased by 6.4% year-over-year, from $2.44B to $2.59B.
What is the long-term trend for Trane Technologies's americas — cost of product and service sold?
Over 2 years (2022 to 2024), Trane Technologies's americas — cost of product and service sold has grown at a 8.5% compound annual growth rate (CAGR), from $8.71B to $10.25B.
What does americas — cost of product and service sold mean?
This metric represents the total direct expenses incurred to produce and deliver the products and services sold by the Americas segment. It encompasses all costs directly attributable to revenue generation, including materials, labor, and overhead, serving as a primary indicator of the segment's gross margin performance. It is a fundamental measure of the operational cost structure required to support the regional business model.

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