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Trane Technologies TT EMEA — 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$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 tt:SegmentOperatingIncomeLoss.

The source filing: Trane Technologies’s 10-K, filed February 5, 2026.

Filed
Feb 5, 2026, 3:20 PM EST
Fiscal year
FY2025
Accession
0001628280-26-005731
In millions202520242023
Segment revenues$2,802.1$2,556.7$2,401.2
Segment cost of goods sold(1,851.9)(1,641.8)(1,584.4)
Segment selling and administrative expenses(471.6)(442.1)(392.3)
Segment Adjusted Operating Income$478.6$472.8$424.5
Segment depreciation and amortization44.243.540.5
Segment other income/(expense), net(10.1)(11.2)(0.3)
Segment Adjusted EBITDA$512.7$505.1$464.7
Asia Pacific

Item 16. FORM 10-K SUMMARY

FAQ

What is Trane Technologies's EMEA — segment operating income?
Trane Technologies (TT) reported EMEA — segment operating income of $119.65M in Q4 2025.
How has Trane Technologies's EMEA — segment operating income changed year-over-year?
Trane Technologies's EMEA — segment operating income increased by 1.2% year-over-year, from $118.2M to $119.65M.
What is the long-term trend for Trane Technologies's EMEA — segment operating income?
Over 2 years (2023 to 2025), Trane Technologies's EMEA — segment operating income has grown at a 6.2% compound annual growth rate (CAGR), from $424.5M to $478.6M.
What does EMEA — segment operating income mean?
The primary measure of profit for the EMEA segment, used by management to evaluate performance and allocate resources. It represents the residual income after deducting the costs of goods sold and operating expenses from segment revenues.

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