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Trane Technologies TT Americas — Goodwill

Other geography segments

EMEA
$938.5M+6.9%
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$562.8M+4.2%

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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

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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

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Operating cash flow$626.2M+84.4%
CapEx$79.7M-33.0%
Free cash flow$546.5M+148%

Valuation

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Market cap$106.33B+0.9%
P/E36.7×-0.2×
P/S4.9×-0.2×

Profitability

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Gross margin31.8%
Operating margin18.2%0.0pp
Net margin13.4%-0.1pp
FCF margin14.5%+0.6pp

Returns & leverage

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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:Goodwill.

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 americas — goodwill?
Trane Technologies (TT) reported americas — goodwill of $5.46B in Q1 2026.
How has Trane Technologies's americas — goodwill changed year-over-year?
Trane Technologies's americas — goodwill increased by 10.4% year-over-year, from $4.94B to $5.46B.
What is the long-term trend for Trane Technologies's americas — goodwill?
Over 4 years (2021 to 2025), Trane Technologies's americas — goodwill has grown at a 5.2% compound annual growth rate (CAGR), from $16.13B to $19.78B.
What does americas — goodwill mean?
This metric represents the total cumulative value of goodwill recorded on the balance sheet for the Americas segment, arising from past business combinations. It reflects the excess of the purchase price over the fair value of identifiable net assets. It is a long-term asset that is subject to periodic impairment testing.