TT Trane Technologies plc

  1. Stocks
  2. Industrials
  3. NYSE: TT

Price (delayed)

$184.78

Market cap

$42.33B

P/E Ratio

24.47

Dividend/share

$2.76

EPS

$7.55

Enterprise value

$45.94B

Trane Technologies plc is an American Irish-domiciled diversified industrial manufacturing company formed in 1905 by the merger of Ingersoll-Sergeant Drill Company and Rand Drill Company. It is headquartered near Dublin, ...

Highlights
The company's EPS rose by 27% YoY and by 8% QoQ
The net income rose by 23% YoY and by 7% QoQ
Trane Technologies's equity has increased by 3.9% from the previous quarter but it has decreased by 2.7% YoY
Trane Technologies's quick ratio has decreased by 28% YoY
TT's price to earnings (P/E) is 10% higher than its last 4 quarters average of 22.1
Sector: Industrials
Industry: Specialty Industrial Machinery
Website: https://www.tranetechnologies.com/
Peers: LII

Key stats

What are the main financial stats of TT
Market
Shares outstanding
229.07M
Market cap
$42.33B
Enterprise value
$45.94B
Valuations
Price to earnings (P/E)
24.47
Price to book (P/B)
6.99
Price to sales (P/S)
2.66
EV/EBIT
19.5
EV/EBITDA
17.15
EV/Sales
2.87
Earnings
Revenue
$15.99B
EBIT
$2.36B
EBITDA
$2.68B
Free cash flow
$1.22B
Per share
EPS
$7.55
Free cash flow per share
$5.31
Book value per share
$26.44
Revenue per share
$69.44
TBVPS
$40.44
Balance sheet
Total assets
$18.08B
Total liabilities
$11.98B
Debt
$4.84B
Equity
$6.09B
Working capital
$692.4M
Liquidity
Debt to equity
0.79
Current ratio
1.12
Quick ratio
0.7
Net debt/EBITDA
1.35
Margins
EBITDA margin
16.8%
Gross margin
31%
Net margin
11%
Operating margin
15%
Efficiency
Return on assets
9.9%
Return on equity
29.7%
Return on invested capital
32%
Return on capital employed
19%
Return on sales
14.7%
Dividend
Dividend yield
1.49%
DPS
$2.76
Payout ratio
36.6%

TT stock price

How has the Trane Technologies stock price performed over time
Intraday
0.95%
1 week
3.47%
1 month
2.51%
1 year
17.52%
YTD
9.93%
QTD
9.93%

Financial performance

How have Trane Technologies's revenue and profit performed over time
Revenue
$15.99B
Gross profit
$4.96B
Operating income
$2.4B
Net income
$1.76B
Gross margin
31%
Net margin
11%
The net income rose by 23% YoY and by 7% QoQ
The operating income is up by 18% year-on-year and by 5% since the previous quarter
The company's revenue rose by 13% YoY and by 3.3% QoQ
The gross profit has grown by 11% YoY and by 3.7% from the previous quarter

Growth

What is Trane Technologies's growth rate over time

Valuation

What is Trane Technologies stock price valuation
P/E
24.47
P/B
6.99
P/S
2.66
EV/EBIT
19.5
EV/EBITDA
17.15
EV/Sales
2.87
The company's EPS rose by 27% YoY and by 8% QoQ
TT's price to earnings (P/E) is 10% higher than its last 4 quarters average of 22.1
TT's P/B is 44% higher than its 5-year quarterly average of 4.8 and 19% higher than its last 4 quarters average of 5.8
Trane Technologies's equity has increased by 3.9% from the previous quarter but it has decreased by 2.7% YoY
The stock's price to sales (P/S) is 15% more than its 5-year quarterly average of 2.3 and 15% more than its last 4 quarters average of 2.3
The company's revenue rose by 13% YoY and by 3.3% QoQ

Efficiency

How efficient is Trane Technologies business performance
The ROE rose by 33% YoY and by 8% QoQ
The ROA has increased by 25% YoY and by 8% QoQ
Trane Technologies's return on invested capital has increased by 18% YoY and by 5% QoQ
The company's return on sales rose by 4.3% YoY and by 2.1% QoQ

Dividends

What is TT's dividend history
Dividend details
DPS
$2.76
Dividend yield
1.49%
Payout ratio
36.6%
Recent dividends

Financial health

How did Trane Technologies financials performed over time
The company's total assets is 51% higher than its total liabilities
Trane Technologies's quick ratio has decreased by 28% YoY
TT's current ratio is down by 18% YoY
The debt is 21% smaller than the equity
The debt to equity has contracted by 4.8% from the previous quarter but it has grown by 2.6% YoY
Trane Technologies's equity has increased by 3.9% from the previous quarter but it has decreased by 2.7% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.