TT Trane Technologies plc

Price (delayed)

$115.12

Market cap

$27.56B

P/E Ratio

28.64

Dividend/share

$2.12

EPS

$4.02

Enterprise value

$30.46B

Sector: Industrials
Industry: Specialty Industrial Machinery
Trane Technologies Plc engages in the provision of products, services, and solutions to enhance the quality, energy efficiency and comfort of air in homes and buildings, transport and protect food and perishables and increase industrial productivity and efficiency. It operates through Climate and Industrial segments. The Climate segment delivers energy-efficient products and innovative energy services. The Industrial segment delivers products and services that enhance energy efficiency, productivity and operations. It distributes its products under the following brand names: Ingersoll-Rand, Trane, Thermo King, American Standard, ARO, and Club Car. The company was founded in 1871 and is headquartered in Swords, Ireland.

Highlights

Trane Technologies's quick ratio has soared by 58% YoY and by 9% from the previous quarter
The debt has declined by 8% year-on-year and by 6% since the previous quarter
Trane Technologies's equity has decreased by 17% YoY but it has increased by 2.8% from the previous quarter
TT's price to earnings (P/E) is 57% higher than its 5-year quarterly average of 18.3 and 37% higher than its last 4 quarters average of 20.9
The net income fell by 32% YoY and by 18% QoQ

Key stats

What are the main financial stats of TT
Market
Shares outstanding
239.35M
Market cap
$27.56B
Enterprise value
$30.46B
Valuations
Price to earnings (P/E)
28.64
Price to book (P/B)
4.64
Price to sales (P/S)
1.94
EV/EBIT
19.8
EV/EBITDA
16.05
EV/Sales
2.13
Earnings
Revenue
$14.28B
EBIT
$1.54B
EBITDA
$1.9B
Free cash flow
$1.21B
Per share
EPS
$4.02
Free cash flow per share
$5.04
Book value per share
$24.82
Revenue per share
$59.48
TBVPS
$36.98
Balance sheet
Total assets
$17.22B
Total liabilities
$11.26B
Debt
$5.27B
Equity
$5.94B
Working capital
$2.52B
Liquidity
Debt to equity
0.89
Current ratio
1.66
Quick ratio
1.22
Net debt/EBITDA
1.53
Margins
EBITDA margin
13.3%
Gross margin
30.7%
Net margin
6.8%
Operating margin
11.4%
Efficiency
Return on assets
5.1%
Return on equity
14.7%
Return on invested capital
16.9%
Return on capital employed
11.5%
Return on sales
10.8%
Dividend
Dividend yield
1.89%
DPS
$2.12
Payout ratio
52.7%

TT stock price

How has the Trane Technologies stock price performed over time

Financial performance

How have Trane Technologies's revenue and profit performed over time
Revenue
$14.28B
Gross profit
$4.38B
Operating income
$1.63B
Net income
$964.5M
Gross margin
30.7%
Net margin
6.8%
The net income fell by 32% YoY and by 18% QoQ
The net margin has declined by 31% year-on-year and by 15% since the previous quarter
The operating income has declined by 12% year-on-year and by 8% since the previous quarter
TT's operating margin is down by 11% year-on-year and by 5% since the previous quarter

Valuation

What is Trane Technologies stock price valuation
P/E
28.64
P/B
4.64
P/S
1.94
EV/EBIT
19.8
EV/EBITDA
16.05
EV/Sales
2.13
TT's price to earnings (P/E) is 57% higher than its 5-year quarterly average of 18.3 and 37% higher than its last 4 quarters average of 20.9
The company's EPS fell by 31% YoY and by 18% QoQ
TT's P/B is 41% higher than its 5-year quarterly average of 3.3 and 19% higher than its last 4 quarters average of 3.9
Trane Technologies's equity has decreased by 17% YoY but it has increased by 2.8% from the previous quarter
The stock's price to sales (P/S) is 29% more than its 5-year quarterly average of 1.5 and 14% more than its last 4 quarters average of 1.7
The company's revenue fell by 3.2% QoQ

Efficiency

How efficient is Trane Technologies business performance
The ROA has decreased by 31% YoY and by 15% QoQ
The ROE fell by 27% YoY and by 15% QoQ
Trane Technologies's return on invested capital has decreased by 25% YoY and by 10% QoQ
The company's return on sales fell by 17% YoY and by 10% QoQ

Dividends

What is TT's dividend
DPS
$2.12
Dividend yield
1.89%
Payout ratio
52.7%

Financial health

How did Trane Technologies financials performed over time
The company's total assets is 53% higher than its total liabilities
Trane Technologies's quick ratio has soared by 58% YoY and by 9% from the previous quarter
TT's current ratio is up by 35% YoY and by 7% from the previous quarter
The debt is 11% smaller than the equity
Trane Technologies's equity has decreased by 17% YoY but it has increased by 2.8% from the previous quarter
The debt to equity has grown by 10% YoY but it has contracted by 8% from the previous quarter

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