Trane Technologies Plc (TT)
NYSE:TT
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TT Stock Chart & Stats
$476.11
$4.33(1.14%)
At close: 4:00 PM EST
$476.11
$4.33(1.14%)
Day’s Range― - ―
52-Week Range$348.06 - $503.47
Previous CloseN/A
Volume238.73K
Average Volume (3M)1.36M
Market Cap
$101.72B
Enterprise Value$103.30B
Total Cash (Recent Filing)$1.07B
Total Debt (Recent Filing)$4.62B
Price to Earnings (P/E)35.3
Beta1.07
Next Earnings
Aug 05, 2026EPS Estimate
4.26Next Dividend Ex-DateN/A
Dividend Yield0.95%
Share Statistics
EPS (TTM)13.03
Shares Outstanding221,055,480
10 Day Avg. Volume1,544,416
30 Day Avg. Volume1,363,001
Financial Highlights & Ratios
PEG Ratio2.07
Price to Book (P/B)10.12
Price to Sales (P/S)4.08
P/FCF Ratio30.95
Enterprise Value/Market Cap1.02
Enterprise Value/Revenue4.78
Enterprise Value/Gross Profit13.31
Enterprise Value/Ebitda24.22
Forecast
1Y Price Target
$530.64Price Target Upside11.45% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
EPS Forecast (FY)14.92
Revenue Forecast (FY)$23.38B
Bulls Say, Bears Say
Bulls Say
Strong Cash Generation & MarginsSustained high margins and very strong free cash flow conversion provide durable capacity to fund dividends, buybacks, M&A and organic investment. This cash generation underpins capital allocation flexibility and resilience through construction cycles, supporting long-term returns.
Robust Backlog And BookingsA record backlog and ~150% book-to-bill give multi-quarter revenue visibility, de-risking near-term top-line and enabling predictable capacity planning. This backlog supports guide upgrades and allows operational leverage as orders convert into higher-margin services and equipment revenue.
Recurring Services GrowthA large, fast‑growing services base drives recurring, higher-margin revenue and steadier cash flows than equipment sales alone. Durable installed-base monetization and service growth reduce cyclicality, improve lifetime customer economics, and enhance margin sustainability over time.
Bears Say
Transport Market WeaknessExposure to a weak, timing‑sensitive transport refrigeration market creates ongoing revenue volatility and can depress segment margins. Large customer delivery timing amplifies quarter-to-quarter swings, limiting predictability of consolidated revenue and margin expansion.
China And APAC HeadwindsMaterial exposure to China means regional macro weakness can blunt growth and margin progress. A flattish APAC outlook offsets strength elsewhere, reducing overall organic growth potential and creating execution risk when converting backlog into profitable revenue in that region.
Tariff And Input Cost PressuresOngoing raw material inflation and tariff pressures can erode gross margins if pricing lags or customer pushback occurs. Persistent input-cost headwinds raise uncertainty around margin sustainability and force continued focus on price recovery, productivity, or margin dilution.
Trane Technologies News
TT FAQ
What was Trane Technologies Plc’s price range in the past 12 months?
Trane Technologies Plc lowest stock price was $348.06 and its highest was $503.47 in the past 12 months.
What is Trane Technologies Plc’s market cap?
Trane Technologies Plc’s market cap is $101.72B.
When is Trane Technologies Plc’s upcoming earnings report date?
Trane Technologies Plc’s upcoming earnings report date is Aug 05, 2026 which is in 52 days.
How were Trane Technologies Plc’s earnings last quarter?
Trane Technologies Plc released its earnings results on Apr 30, 2026. The company reported $2.63 earnings per share for the quarter, beating the consensus estimate of $2.532 by $0.098.
Is Trane Technologies Plc overvalued?
According to Wall Street analysts Trane Technologies Plc’s price is currently Undervalued.
Does Trane Technologies Plc pay dividends?
Trane Technologies Plc pays a Quarterly dividend of $1.05 which represents an annual dividend yield of 0.95%. See more information on Trane Technologies Plc dividends here
What is Trane Technologies Plc’s EPS estimate?
Trane Technologies Plc’s EPS estimate is 4.26.
How many shares outstanding does Trane Technologies Plc have?
Trane Technologies Plc has 221,055,480 shares outstanding.
What happened to Trane Technologies Plc’s price movement after its last earnings report?
Trane Technologies Plc reported an EPS of $2.63 in its last earnings report, beating expectations of $2.532. Following the earnings report the stock price went up 2.747%.
Which hedge fund is a major shareholder of Trane Technologies Plc?
Currently, no hedge funds are holding shares in TT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Trane Technologies Stock Smart Score
Outperform
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$530.64 (11.45% Upside)
$530.64 (11.45% Upside)
Blogger Sentiment
Bullish
TT Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 194.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $172.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.2%
Last 30 Days ▲ 1.7%
Last 30 Days ▲ 1.7%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.00%
12-Months-Change
Fundamentals
Return on Equity
34.71%
Trailing 12-Months
Asset Growth
13.11%
Trailing 12-Months
Company Description
Trane Technologies Plc
Trane Technologies plc operates as a global innovator in climate control, focusing on the design, production, sales, and servicing of heating, ventilation, air conditioning (HVAC), and transport refrigeration solutions. The company offers a comprehensive range of HVAC equipment, including air conditioners, heat pumps, furnaces, chillers, air handlers, and specialized components like coils and condensers. Its portfolio extends to indoor air quality products, home automation, thermostats, and various integrated building management, unitary, geothermal, and temporary heating and cooling systems. For the transport sector, Trane Technologies provides diverse refrigeration units—encompassing diesel, electric, and hybrid options—for trucks, trailers, containers, buses, and rail. This segment also includes auxiliary power units, gensets, and ice energy storage solutions. Beyond hardware, the firm delivers critical services such as energy and facility management, installation, performance contracting, and both repair and rental services, complemented by a supply of aftermarket and OEM parts. Operating under the well-recognized Trane and Thermo King brands, its products and services are distributed globally through an extensive network of sales offices, distributors, and dealers, with a significant presence in the United States. Founded in 1885, the company was formerly known as Ingersoll-Rand Plc until its rebranding to Trane Technologies plc in March 2020 and is headquartered in Swords, Ireland.
TT Company Deck
TT Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a strong operational and demand picture: robust bookings (+24%), record backlog ($10.7B), commercial HVAC and applied solutions significantly outperforming, and raised FY guidance for revenue and adjusted EPS. These positives are tempered by regional headwinds (China, Middle East), tariff/inflation pressures, and a weak transport market with near‑term timing volatility. Overall, the company appears well positioned with strong cash generation, active M&A and buyback capacity, and confidence in acceleration into the second half of the year.View all TT earnings summariesTT Revenue Breakdown
80.52% Americas
13.14% EMEA
6.34% APAC
TT Stock 12 Month Forecast
Average Price Target
$530.64
▲(11.45% Upside)
Technical Analysis
Ownership Overview
0.17% Insiders
24.18% Mutual Funds
13.07% Other Institutional Investors
38.69% Public Companies and Individual Investors