Trane Technologies Market capitalization 2024

The Trane Technologies Market capitalization history

YEAR	REVENUE (undefined USD)	GROSS MARGIN (%)	NET INCOME (undefined USD)
2028e	26.63	22,00	3.23
2027e	24.77	23,65	3.18
2026e	22.11	26,49	2.95
2025e	20.8	28,16	2.66
2024e	19.58	29,92	2.38
2023	17.68	33,13	2.02
2022	15.99	31,05	1.76
2021	14.14	31,67	1.42
2020	12.46	30,73	0.86
2019	13.08	30,80	1.41
2018	12.34	30,68	1.34
2017	14.2	31,22	1.3
2016	13.51	31,17	1.48
2015	13.3	30,34	0.67
2014	12.89	30,34	0.93
2013	12.35	29,50	0.62
2012	11.99	28,90	1.02
2011	12.76	27,33	0.34
2010	14	28,36	0.64
2009	13.01	27,46	0.45
2008	13.05	26,81	-2.63
2007	8.76	28,43	3.97
2006	8.03	28,19	1.03
2005	7.26	28,37	1.05
2004	9.39	27,04	1.22

Trane Technologies Aktienanalyse

What does Trane Technologies do?

Trane Technologies is a global company operating in the air and energy technology industry. Headquartered in Dublin, Ireland, the company is listed on the New York Stock Exchange and employs approximately 36,000 employees worldwide. Trane's history dates back to its founder James Trane, who started a small plumbing and heating business in La Crosse, Wisconsin in 1885. In 1913, the company developed the first air conditioning system for retail and began manufacturing refrigeration systems. Over the following decades, the company expanded its activities in the heating and air conditioning industry. In 1984, Trane merged with American Standard, another company operating in the air and energy technology sector. In 2008, the company was renamed Trane Inc. and joined the Irish company Ingersoll Rand in 2013. In April 2020, the company was renamed Trane Technologies. Trane Technologies' business model is based on the development and manufacture of technologies that contribute to sustainability. The company offers products and services in the areas of air conditioning and refrigeration, heating and heat exchange, as well as air purification and ventilation. Trane's goal is to improve the energy efficiency of buildings and facilities, thereby reducing CO2 emissions and promoting sustainability. The company has five business segments: Residential HVAC, Commercial HVAC, Transport Refrigeration, Power Solutions, and Aftermarket Services. In the Residential HVAC segment, Trane Technologies offers heating and air conditioning systems for private households. The product range includes air conditioners, heat pumps, and humidifiers. In the Commercial HVAC segment, the company develops and manufactures heating, ventilation, air conditioning, and building management systems for businesses and public institutions. This includes energy monitoring, air conditioning, and lighting systems. The Transport Refrigeration segment develops and manufactures cooling systems for freight transportation. This includes refrigerated trailers, containers, and air cooling devices. Power Solutions offers power generation and storage technologies. The portfolio includes batteries and inverters for solar systems, among other products. The Aftermarket Services segment includes service and spare parts for Trane Technologies' products and third-party products. The offering includes maintenance contracts, repairs, consulting, and training. Among Trane Technologies' most innovative products are the EcoWise climate and refrigerant systems, which use environmentally friendly refrigerants. These systems can help reduce CO2 emissions and energy consumption by up to 50%. Additionally, the company offers special IAQ (Indoor Air Quality) systems that enable air purification and disinfection in indoor spaces. As a result, air quality can be improved, and the risk of illnesses can be reduced. Trane Technologies is an innovative company focusing on sustainability. With a wide range of products and services, the company addresses the challenges of climate change and strives for resource-efficient energy use. Trane Technologies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Trane Technologies's Market Capitalization

Trane Technologies's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Trane Technologies's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Trane Technologies's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Trane Technologies’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Trane Technologies Stock

What is the current Trane Technologies market capitalization?

The current market capitalization of Trane Technologies is 76.14 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Trane Technologies.

How has the market capitalization of Trane Technologies developed in recent years?

The market capitalization of Trane Technologies has increased/decreased by 98.05% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Trane Technologies?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Trane Technologies?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Trane Technologies have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Trane Technologies pay?

Over the past 12 months, Trane Technologies paid a dividend of 3 USD . This corresponds to a dividend yield of about 0.91 %. For the coming 12 months, Trane Technologies is expected to pay a dividend of 3.51 USD.

What is the dividend yield of Trane Technologies?

The current dividend yield of Trane Technologies is 0.91 %.

When does Trane Technologies pay dividends?

Trane Technologies pays a quarterly dividend. This is distributed in the months of September, December, March, July.

How secure is the dividend of Trane Technologies?

Trane Technologies paid dividends every year for the past 25 years.

What is the dividend of Trane Technologies?

For the upcoming 12 months, dividends amounting to 3.51 USD are expected. This corresponds to a dividend yield of 1.06 %.

In which sector is Trane Technologies located?

Trane Technologies is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Trane Technologies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Trane Technologies from 6/28/2024 amounting to 0.84 USD, you needed to have the stock in your portfolio before the ex-date on 6/7/2024.

When did Trane Technologies pay the last dividend?

The last dividend was paid out on 6/28/2024.

What was the dividend of Trane Technologies in the year 2023?

In the year 2023, Trane Technologies distributed 2.68 USD as dividends.

In which currency does Trane Technologies pay out the dividend?

The dividends of Trane Technologies are distributed in USD.