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Trane Technologies ROA 2024

Trane Technologies ROA

0.1

Trane Technologies Dividend yield

Ticker

TT

ISIN

IE00BK9ZQ967

WKN

A2P09K

In 2024, Trane Technologies's return on assets (ROA) was 0.1, a 7.41% increase from the 0.1 ROA in the previous year.

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.

ROA Details

Understanding Trane Technologies's Return on Assets (ROA)

Trane Technologies's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Trane Technologies's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Trane Technologies's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Trane Technologies’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Trane Technologies Stock

What is the Return on Assets (ROA) of Trane Technologies this year?

The Return on Assets (ROA) of Trane Technologies is 0.1 undefined this year.

What was the ROA of Trane Technologies compared to the previous year?

The ROA of Trane Technologies has increased by 7.41% compared to the previous year.

What consequences do high ROA have for investors of Trane Technologies?

A high ROA is advantageous for investors of Trane Technologies, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Trane Technologies?

A low ROA can be unfavorable for investors of Trane Technologies as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Trane Technologies affect the company?

An increase in ROA of Trane Technologies can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Trane Technologies impact the company?

A reduction in the ROA of Trane Technologies can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Trane Technologies?

Some factors that can influence the ROA of Trane Technologies include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Trane Technologies important for investors?

The ROA of Trane Technologies is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Trane Technologies take to improve ROA?

To improve ROA, Trane Technologies can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Trane Technologies pay?

Over the past 12 months, Trane Technologies paid a dividend of . This corresponds to a dividend yield of about . 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 .

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.

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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.