Strong Q1 Financial Performance
Trane Technologies delivered strong financial results in Q1 2025, with 11% organic revenue growth, adjusted EBITDA margin expansion of 130 basis points, and 26% adjusted EPS growth.
Record Americas Commercial HVAC Bookings
The Americas segment set a new quarterly record for Commercial HVAC bookings, surpassing last year's high, demonstrating robust demand.
Resilient Residential and Service Business Growth
Residential bookings were up mid-teens and revenues up high teens, while the Service business continues to grow with a high single-digit compound annual growth rate since 2019.
Capital Allocation and Shareholder Returns
In Q1, approximately $775 million was deployed through dividends, M&A, and share repurchases, with a 12% dividend increase and $5.6 billion remaining under share repurchase authorizations.