What is Trane Technologies's shares (diluted)?

Trane Technologies (TT) reported shares (diluted) of 223.1M in Q1 2026.

How has Trane Technologies's shares (diluted) changed year-over-year?

Trane Technologies's shares (diluted) decreased by 1.5% year-over-year, from 226.4M to 223.1M.

What does shares (diluted) mean?

The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

Trane Technologies TT Shares (Diluted)

Shares (Diluted) at other companies

Modine ManufacturingMOD

53.8M-0.2%

SPX TechnologiesSPXC

50.5M+7.2%

AaonAAON

83.2M-0.2%

Comfort Systems USAFIX

35.3M-1.0%

Lennox InternationalLII

35M-2.0%

AmerescoAMRC

52.9M+0.7%

Other financials

Income statement

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Revenue$5.0B+6.0%

Gross profit$1.7B+3.0%

Operating income$776.1M-5.2%

Net income$584.4M-3.4%

EPS (diluted)$2.62-1.9%

Balance sheet

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Cash & equivalents$1.8B+10.9%

Total debt$3.9B-17.8%

Total equity$8.6B+14.7%

Total assets$22.8B+13.1%

Cash flow

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Operating cash flow$626.2M+84.4%

CapEx$79.7M-33.0%

Free cash flow$546.5M+148%

Valuation

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Market cap$108.57B+13.4%

P/E37.5×+3.9×

P/S5×+0.4×

Profitability

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Gross margin31.8%—

Operating margin18.2%0.0pp

Net margin13.4%-0.1pp

FCF margin14.5%+0.6pp

Returns & leverage

See full

Return on equity36%-2.0pp

Debt / equity0.5×-0.2×

Current ratio1.1×0.0×

Where this comes from

Reported directly by Trane Technologies in its filing.

Tagged under the XBRL concept us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding.

The official record: Trane Technologies’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Trane Technologies's shares (diluted)?: Trane Technologies (TT) reported shares (diluted) of 223.1M in Q1 2026.
How has Trane Technologies's shares (diluted) changed year-over-year?: Trane Technologies's shares (diluted) decreased by 1.5% year-over-year, from 226.4M to 223.1M.
What does shares (diluted) mean?: The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.