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Trane Technologies TT EMEA — 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
Segment Adjusted EBITDA$791.0$753.5
EMEA
Segment revenues$639.5$573.5
Segment cost of goods sold(438.4)(375.1)
Segment selling and administrative expenses(124.9)(115.0)
Segment Adjusted Operating Income$76.2$83.4
Segment depreciation and amortization11.410.7
Segment other income/(expense), net(1.1)(2.0)

Item 1.Financial Statements

FAQ

What is Trane Technologies's EMEA — cost of product and service sold?
Trane Technologies (TT) reported EMEA — cost of product and service sold of $438.4M in Q1 2026.
How has Trane Technologies's EMEA — cost of product and service sold changed year-over-year?
Trane Technologies's EMEA — cost of product and service sold increased by 16.9% year-over-year, from $375.1M to $438.4M.
What is the long-term trend for Trane Technologies's EMEA — cost of product and service sold?
Over 2 years (2022 to 2024), Trane Technologies's EMEA — cost of product and service sold has grown at a 8.0% compound annual growth rate (CAGR), from $1.41B to $1.64B.
What does EMEA — cost of product and service sold mean?
This metric represents the total cost of products and services sold within the EMEA segment, including all direct costs such as materials, labor, and manufacturing overhead, as well as applicable depreciation and amortization. It serves as the primary measure of the cost of revenue for the segment. This figure is essential for calculating the gross margin and evaluating the overall production and service delivery cost structure.

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