Discontinued — last reported Q4 '23
Trane Technologies EMEA — D&A remained flat by 0.0% to $12.85M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 78.5%, from $7.20M to $12.85M. Over 2 years (FY 2021 to FY 2023), EMEA — D&A shows an upward trend with a 24.2% CAGR.
An increase may indicate significant recent capital investment or asset acquisitions, while a decrease might suggest aging assets or a reduction in the capital base. Consistent trends help assess the segment's ongoing investment in infrastructure and technology.
This metric represents the non-cash allocation of the cost of tangible and intangible assets over their estimated useful...
Comparable to segment-level depreciation and amortization reported by global industrial peers, though variations exist based on accounting policies for asset useful lives and historical M&A activity.
tt_segment_emea_depreciation_and_amortization| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $33.30M | $28.80M | $51.40M |
| YoY Change | — | -13.5% | +78.5% |