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Trane Technologies TT Americas — Segment Operating Income

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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$97.33B-0.2%
P/E33×-1.1×
P/S4.4×-0.3×

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 tt:SegmentOperatingIncomeLoss.

The official record: Trane Technologies’s 10-K, filed February 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Trane Technologies's americas — segment operating income?
Trane Technologies (TT) reported americas — segment operating income of $859.75M in Q4 2025.
How has Trane Technologies's americas — segment operating income changed year-over-year?
Trane Technologies's americas — segment operating income increased by 13.2% year-over-year, from $759.78M to $859.75M.
What is the long-term trend for Trane Technologies's americas — segment operating income?
Over 2 years (2023 to 2025), Trane Technologies's americas — segment operating income has grown at a 18.6% compound annual growth rate (CAGR), from $2.45B to $3.44B.
What does americas — segment operating income mean?
This metric is the primary measure of profit for the Americas segment, used by management to evaluate performance and allocate resources. It represents revenue minus the cost of goods sold and operating expenses, potentially adjusted for specific items deemed non-representative of ongoing operations. It provides a clear view of the segment's ability to generate profit from its core business activities.