
Trane Technologies plc Income Statement 2025-2006 | TT
Brief overview of profit and loss at Trane Technologies plc
This overview is based on financial performance over the past five years. According to figures from Trane Technologies plc, revenue changed from $12.5 billion to $21.3 billion over five years. The cumulative result was +71.2%, corresponding to roughly 11.4% per year. Revenue followed a strong upward trend without signs of stagnation.
EBITDA changed from 1.8 billion dollars to 4.3 billion dollars (+137.7%). Operating profitability strengthened faster than the scale of sales. At the operating-margin level, the figure shifted from 14.7% to 20.4%. A wider margin confirms stronger operating efficiency.
The five-year change in net income was +241.4%: from $855 million to $2.9 billion. The final year delivered the highest net income in the period.
The market value of the business moved from $36 billion to $97.1 billion, or +169.4%. The valuation did not keep pace with the reported progress.
Conclusion
The results point to consistent and sustainable progress. The constructive conclusion rests on revenue expansion, a stronger final result and positive operating leverage. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.
Annual Income Statement Trane Technologies plc
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
97.1 B | 80.7 B | 61.9 B | 42.3 B | 36.5 B | 36 B | 25.6 B | 19.5 B | 18.5 B | 16.2 B | 10.7 B | 14 B | 13.5 B | 9.76 B | 7.36 B | 7.54 B | 4.31 B | 8.08 B | - | - |
Shares |
223 M | 226 M | 229 M | 233 M | 239 M | 240 M | 244 M | 250 M | 258 M | 262 M | 268 M | 272 M | 295 M | 305 M | 331 M | 325 M | 321 M | 301 M | - | - |
Historical Prices |
435 | 357 | 271 | 182 | 153 | 150 | 96.2 | 77.2 | 63.6 | 55.7 | 38.2 | 45.4 | 40.8 | 27.6 | 20.6 | 23.2 | 13.4 | 26.9 | 32 | 27.5 |
Net Income |
2.92 B | 2.57 B | 2.02 B | 1.76 B | 1.42 B | 855 M | 1.41 B | 1.34 B | 1.3 B | 1.48 B | 665 M | 932 M | 619 M | 1.02 B | 343 M | 642 M | 451 M | -2.62 B | 3.97 B | - |
Revenue |
21.3 B | 19.8 B | 17.7 B | 16 B | 14.1 B | 12.5 B | 16.6 B | 15.7 B | 14.2 B | 13.5 B | 13.3 B | 12.9 B | 12.4 B | 14 B | 14.8 B | 14 B | 13 B | 13 B | 8.76 B | - |
Cost of Revenue |
- | - | - | - | - | - | 9.09 B | 8.58 B | 9.81 B | 9.31 B | 9.28 B | 8.98 B | 8.72 B | 8.53 B | 9.28 B | 10.1 B | 9.44 B | - | - | - |
Gross Profit |
- | - | - | - | - | - | 5.22 B | 4.89 B | 4.43 B | 4.21 B | 4.04 B | 3.91 B | 3.68 B | 4.28 B | 4.29 B | - | - | - | - | - |
Operating Income |
3.97 B | 3.5 B | 2.89 B | 2.42 B | 2.02 B | 1.53 B | 1.67 B | 1.51 B | 1.67 B | 1.6 B | 1.49 B | 1.4 B | 1.1 B | 1.07 B | 439 M | 1.26 B | 885 M | -2.52 B | 1.06 B | - |
Interest Expense |
227 M | 238 M | 234 M | 224 M | 234 M | 249 M | 243 M | 221 M | 216 M | 222 M | 223 M | 225 M | 279 M | 252 M | 278 M | 283 M | 302 M | 243 M | 136 M | - |
EBITDA |
4.34 B | 3.88 B | 3.24 B | 2.74 B | 2.32 B | 1.83 B | 2.42 B | 2.28 B | 2.02 B | 1.94 B | 1.86 B | 1.74 B | 1.44 B | 1.88 B | 1.26 B | 1.7 B | 1.31 B | -2.07 B | 1.2 B | - |
Operating Expenses |
- | - | - | - | - | - | 3.13 B | 2.9 B | 2.72 B | 2.61 B | 2.54 B | 2.5 B | 2.57 B | 2.78 B | 2.78 B | - | - | - | - | - |
General and Administrative Expenses |
3.74 B | 3.58 B | 2.96 B | 2.55 B | 2.45 B | 2.27 B | - | - | - | - | - | - | - | - | - | 2.68 B | 2.69 B | 2.31 B | 1.43 B | - |
All numbers in USD currency
Quarterly Income Statement Trane Technologies plc
| 2026-Q2 | 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | 2010-Q3 | 2010-Q2 | 2010-Q1 | 2009-Q3 | 2009-Q2 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
221 M | 222 M | 223 M | 223 M | 224 M | 226 M | 227 M | 227 M | 229 M | 228 M | 229 M | - | 232 M | 234 M | 235 M | - | 238 M | 240 M | 239 M | - | 240 M | 240 M | 240 M | - | 242 M | 242 M | 242 M | - | 246 M | 248 M | 250 M | - | 253 M | 256 M | 259 M | - | 259 M | 259 M | 259 M | - | 266 M | 266 M | 265 M | - | 268 M | 270 M | 278 M | - | 292 M | 298 M | 299 M | - | 308 M | 309 M | 299 M | - | 328 M | 334 M | 331 M | 325 M | 324 M | 323 M | 321 M | 321 M |
Net Income |
926 M | 584 M | 848 M | 875 M | 605 M | 772 M | 755 M | 436 M | 626 M | 586 M | 307 M | - | 548 M | 509 M | 263 M | - | 406 M | 469 M | 238 M | - | 401 M | 239 M | -29.2 M | - | 459 M | 456 M | 200 M | - | 515 M | 448 M | 120 M | - | 367 M | 359 M | 117 M | - | 377 M | 748 M | 152 M | - | 301 M | 78.9 M | 51.3 M | - | 291 M | 306 M | 79 M | - | 166 M | 317 M | 619 M | - | 322 M | 366 M | 95.6 M | - | 86.2 M | 92.3 M | -77.6 M | 232 M | 196 M | 1.4 M | 217 M | 122 M |
Revenue |
6.35 B | 4.97 B | 5.74 B | 5.75 B | 4.69 B | 5.44 B | 5.31 B | 4.22 B | 4.88 B | 4.7 B | 3.67 B | - | 4.37 B | 4.19 B | 3.36 B | - | 3.72 B | 3.83 B | 3.02 B | - | 3.5 B | 3.14 B | 2.64 B | - | 3.47 B | 3.62 B | 2.8 B | - | 4.03 B | 4.36 B | 3.38 B | - | 3.67 B | 3.91 B | 3 B | - | 3.57 B | 3.69 B | 2.89 B | - | 3.49 B | 3.6 B | 2.89 B | - | 3.38 B | 3.54 B | 2.72 B | - | 3.21 B | 3.4 B | 12.4 B | - | 3.59 B | 3.82 B | 3.15 B | - | 3.91 B | 4.09 B | 3.27 B | 3.73 B | 3.7 B | 2.95 B | 3.48 B | 3.47 B |
Cost of Revenue |
4.09 B | 3.24 B | 3.62 B | 3.59 B | 3.01 B | 3.47 B | 3.37 B | 2.76 B | 3.22 B | 3.12 B | 2.52 B | - | 2.94 B | 2.87 B | 2.37 B | - | 2.52 B | 2.56 B | 2.06 B | - | 2.36 B | 2.16 B | 1.9 B | - | 2.37 B | 2.46 B | 1.99 B | - | 2.72 B | 2.96 B | 2.42 B | - | 2.49 B | 2.65 B | 2.13 B | - | 2.41 B | 2.51 B | 2.04 B | - | 2.38 B | 2.49 B | 2.09 B | - | 2.33 B | 2.44 B | 1.95 B | - | 2.22 B | 2.38 B | 8.72 B | - | 2.45 B | 2.64 B | 2.25 B | - | 2.76 B | 2.86 B | 2.37 B | - | - | - | - | - |
Operating Income |
1.22 B | 776 M | 1.17 B | 1.16 B | 819 M | 1.02 B | 1.03 B | 634 M | 864 M | 885 M | 457 M | - | 740 M | 711 M | 388 M | - | 583 M | 651 M | 353 M | - | 567 M | 424 M | 154 M | - | 536 M | 567 M | 236 M | - | 587 M | 640 M | 243 M | - | 506 M | 558 M | 215 M | - | 512 M | 513 M | 225 M | - | 475 M | 452 M | 171 M | - | 440 M | 463 M | 155 M | - | 380 M | 388 M | 1.1 B | - | 448 M | 478 M | 212 M | - | 180 M | 299 M | 41.8 M | 408 M | 383 M | 134 M | 318 M | 251 M |
Interest Expense |
53.1 M | 55.6 M | 55.6 M | 57.4 M | 58.1 M | 63 M | 57.5 M | 58.1 M | 57.9 M | 61.6 M | 57.6 M | - | 55.8 M | 55.9 M | 56 M | - | 57.7 M | 59.3 M | 60.7 M | - | 62.4 M | 61.3 M | 63.1 M | - | 63.9 M | 64.5 M | 51 M | - | 48.5 M | 50.3 M | 72.9 M | - | 53.9 M | 54.1 M | 54 M | - | 54.5 M | 56.5 M | 56.7 M | - | 55.8 M | 55.8 M | 55.1 M | - | 52.3 M | 53 M | 52 M | - | 103 M | 61.9 M | 279 M | - | 60.6 M | 62.1 M | 69.4 M | - | 69.7 M | 71.7 M | 68.3 M | 70.2 M | 71.1 M | 71.2 M | 76.5 M | 81.9 M |
EBITDA |
1.44 B | 877 M | 1.45 B | 1.21 B | 918 M | 1.12 B | 1.08 B | 725 M | 956 M | 974 M | 537 M | - | 824 M | 790 M | 466 M | - | 656 M | 726 M | 429 M | - | 641 M | 498 M | 229 M | - | 609 M | 710 M | 307 M | - | 860 M | 828 M | 337 M | - | 768 M | 732 M | 302 M | - | 776 M | 689 M | 313 M | - | 745 M | 633 M | 259 M | - | 690 M | 632 M | 237 M | - | 629 M | 554 M | 1.19 B | - | 733 M | 671 M | 310 M | - | 482 M | 504 M | 140 M | 738 M | 605 M | 246 M | 634 M | 455 M |
General and Administrative Expenses |
1.04 B | 952 M | 953 M | 996 M | 859 M | 950 M | 901 M | 826 M | 794 M | 699 M | 687 M | - | 693 M | 613 M | 601 M | - | 621 M | 620 M | 600 M | - | 568 M | 555 M | 588 M | - | 568 M | 588 M | 578 M | - | 726 M | 753 M | 721 M | - | 674 M | 698 M | 660 M | - | 643 M | 668 M | 628 M | - | 632 M | 654 M | 630 M | - | 618 M | 640 M | 613 M | - | 617 M | 633 M | 2.52 B | - | 691 M | 704 M | 690 M | - | 709 M | 729 M | 677 M | 671 M | 665 M | 647 M | 678 M | 683 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Trane Technologies plc (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.