Company Overview

Trane Technologies plc, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of solutions for heating, ventilation, air conditioning, and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; auxiliary power units; chillers; coils and condensers; gensets; furnaces; heat pumps; home automation products; humidifiers; hybrid and non-diesel transport refrigeration, and ice energy storage solutions; indoor air quality assessments and related products; large and light commercial unitary products; motor replacements; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. The company also provides building management, control, ductless, geothermal, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, cryogenic, diesel-powered, electric-powered trailer and truck, hybrid-powered trailer, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration systems, as well as aftermarket and OEM parts and supplies. In addition, it offers energy and facility management, installation and performance contracting, repair and maintenance, and rental services. It markets and sells its products under the Trane and Thermo King brands through sales offices, distributors, and dealers in the United States; and through sales and service companies with a supporting chain of distributors worldwide. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. Trane Technologies plc was founded in 1885 and is headquartered in Swords, Ireland.

  • Name

    Trane Technologies plc

  • CEO

    Mr. David S. Regnery

  • Website

    www.tranetechnologies.com

  • Sector

    Building Products

  • Year Founded

    1885

Profile

  • Market Cap

    $77.2B

  • EV

    $81.16B

  • Shares Out

    225.67M

  • Revenue

    $18.83B

  • Employees

    40,000

Margins

  • Gross

    34.65%

  • EBITDA

    18.73%

  • Operating

    16.97%

  • Pre-Tax

    15.58%

  • Net

    12.33%

  • FCF

    13.15%

Returns (5Yr Avg)

  • ROA

    8.24%

  • ROTA

    50.07%

  • ROE

    23.76%

  • ROCE

    15.95%

  • ROIC

    12.74%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    $352.26

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    $1,325.8M

  • Net Debt

    $3,942.4M

  • Debt/Equity

    0.76

  • EBIT/Interest

    13.85

Growth (CAGR)

  • Rev 3Yr

    11.67%

  • Rev 5Yr

    5.59%

  • Rev 10Yr

    4.12%

  • Dil EPS 3Yr

    22.29%

  • Dil EPS 5Yr

    11.84%

  • Dil EPS 10Yr

    17.17%

  • Rev Fwd 2Yr

    8.66%

  • EBITDA Fwd 2Yr

    13.24%

  • EPS Fwd 2Yr

    16.6%

  • EPS LT Growth Est

    14.78%

Dividends

  • Yield

  • Payout

    30.8%

  • DPS

    $3.18

  • DPS Growth 3Yr

    12.39%

  • DPS Growth 5Yr

    8.45%

  • DPS Growth 10Yr

    13.2%

  • DPS Growth Fwd 2Yr

    8.3%

NYSE:TT