Financials in USD. Standardized financial statements.
A compact view of how Trane Technologies plc turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $21.32B | $19.84B | $17.68B | $15.99B | $14.14B | $12.45B | $13.08B | $12.34B | $14.20B | $13.51B |
| Revenue Growth? | +7.5% | +12.2% | +10.5% | +13.1% | +13.5% | -4.8% | +5.9% | -13.1% | +5.1% | 0.0% |
| Cost of Revenue? | $13.61B | $12.76B | $11.82B | $11.03B | $9.67B | $8.65B | $9.09B | $8.58B | $9.81B | $9.33B |
| Gross Profit? | $7.71B | $7.08B | $5.86B | $4.96B | $4.47B | $3.80B | $4.03B | $3.76B | $4.39B | $4.20B |
| Gross Margin? | +36.2% | +35.7% | +33.1% | +31.0% | +31.6% | +30.5% | +30.8% | +30.5% | +30.9% | +31.1% |
| Operating Expenses? | $3.74B | $3.58B | $2.96B | $2.55B | $2.45B | $2.27B | $2.36B | $2.25B | $2.71B | $2.61B |
| Operating Income? | $3.97B | $3.50B | $2.89B | $2.42B | $2.02B | $1.53B | $1.67B | $1.51B | $1.67B | $1.60B |
| EBITDA? | $4.17B | $3.86B | $3.15B | $2.72B | $2.32B | $1.83B | $1.93B | $2.24B | $1.98B | $2.31B |
| Income Before Tax | $3.68B | $3.24B | $2.57B | $2.17B | $1.79B | $1.29B | $1.40B | $1.26B | $1.42B | $1.74B |
| Income Tax Expense | $705.90M | $627.60M | $498.40M | $375.90M | $333.50M | $296.80M | $238.60M | $234.90M | $80.20M | $281.50M |
| Net Income? | $2.92B | $2.57B | $2.02B | $1.76B | $1.42B | $854.90M | $1.41B | $1.34B | $1.30B | $1.48B |
| EPS? | $13.09 | $11.44 | $8.85 | $7.55 | $5.96 | $3.56 | $5.84 | $5.53 | $5.22 | $5.70 |
| Diluted EPS? | $12.98 | $11.24 | $8.77 | $7.48 | $5.87 | $3.52 | $5.77 | $5.35 | $5.05 | $5.65 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality