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Trane Technologies TT Asia Pacific — Goodwill, Foreign Currency Translation, Gain (Loss)

Other geography segments

EMEA
-$23.8M-168%
Americas
-$3.7M-331%

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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:GoodwillForeignCurrencyTranslationGainLoss.

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 millionsAmericasEMEAAsia PacificTotal
Net balance as of December 31, 2025$4,949.1$950.5$557.4$6,457.0
Acquisitions510.711.8522.5
Currency translation(3.7)(23.8)5.4(22.1)
Net balance as of March 31, 2026$5,456.1$938.5$562.8$6,957.4

Item 1.Financial Statements

FAQ

What is Trane Technologies's asia pacific — goodwill, foreign currency translation, gain (loss)?
Trane Technologies (TT) reported asia pacific — goodwill, foreign currency translation, gain (loss) of $5.4M in Q1 2026.
How has Trane Technologies's asia pacific — goodwill, foreign currency translation, gain (loss) changed year-over-year?
Trane Technologies's asia pacific — goodwill, foreign currency translation, gain (loss) increased by 86.2% year-over-year, from $2.9M to $5.4M.
What is the long-term trend for Trane Technologies's asia pacific — goodwill, foreign currency translation, gain (loss)?
Over 2 years (2021 to 2025), Trane Technologies's asia pacific — goodwill, foreign currency translation, gain (loss) has grown at a 42.1% compound annual growth rate (CAGR), from $10M to $20.2M.
What does asia pacific — goodwill, foreign currency translation, gain (loss) mean?
This represents the non-cash adjustment to the carrying value of goodwill within the Asia Pacific segment resulting from fluctuations in foreign exchange rates. It reflects the impact of currency volatility on the valuation of previously acquired assets in the region. This is an accounting adjustment and does not impact cash flow.

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