Trane Technologies Revenue 2024

Trane Technologies Revenue

19.58 B USD

Trane Technologies Dividend yield

0.92 %

Ticker

TT

ISIN

IE00BK9ZQ967

WKN

A2P09K

In 2024, Trane Technologies's sales reached 19.58 B USD, a 10.74% difference from the 17.68 B USD sales recorded in the previous year.

The Trane Technologies Revenue history

YEARREVENUE (undefined USD)GROSS MARGIN (%)
2028e26.6322,00
2027e24.7723,65
2026e22.1126,49
2025e20.828,16
2024e19.5829,92
202317.6833,13
202215.9931,05
202114.1431,67
202012.4630,73
201913.0830,80
201812.3430,68
201714.231,22
201613.5131,17
201513.330,34
201412.8930,34
201312.3529,50
201211.9928,90
201112.7627,33
20101428,36
200913.0127,46
200813.0526,81
20078.7628,43
20068.0328,19
20057.2628,37
20049.3927,04

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.

Revenue Details

Understanding Trane Technologies's Sales Figures

The sales figures of Trane Technologies originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.

Year-to-Year Comparison

Analyzing Trane Technologies’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.

Impact on Investments

Investors often scrutinize Trane Technologies's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.

Interpreting Sales Fluctuations

Increases in Trane Technologies’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.

Frequently Asked Questions about Trane Technologies Stock

How much revenue did Trane Technologies generate this year?

Trane Technologies has achieved a revenue of 19.58 B USD this year.

How much was the turnover of the company Trane Technologies compared to the previous year?

The revenue of Trane Technologies has increased by 10.74% increased compared to the previous year.

What does revenue mean for investors?

The revenue of a company is an important indicator of its financial performance and attractiveness for investors.

Which factors influence the revenue of Trane Technologies?

The revenue of Trane Technologies is influenced by various factors, including the demand for its products and services, market conditions, and prices.

How is the revenue of Trane Technologies measured?

Revenue is typically measured in units referring to the sale of goods and services provided by the company.

How does an increase in sales affect investments?

An increase in revenue can prompt investors to invest more money in the company as it serves as a positive signal for its financial performance and growth prospects.

What are the possible risks associated with a declining revenue?

A decline in revenue can prompt investors to invest less money in the company, as it is a negative signal for its financial performance and growth prospects.

Why is the sales revenue of Trane Technologies so important for investors?

The revenue of Trane Technologies is an important indicator of financial performance and attractiveness for investors.

What strategic measures can a company take to increase revenue?

A company can take various strategic measures to increase revenue, including developing new products and services, introducing new pricing models, and expanding into new markets.

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 0.92 %. 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 0.92 %.

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 1.08 %.

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.

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Andere Kennzahlen von Trane Technologies

Our stock analysis for Trane Technologies Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Trane Technologies Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.