Trane Technologies (TT) Stock Price

Trane Technologies Price

NYSE·CLOSED
465.75
​
Market closed

Over the last 19 years Trane Technologies grew revenue by 3.3% annually, reaching 21.32 B USD. Earnings per share have grown at 7.5% per year over the last 19 years. For Trane Technologies, the net margin of 13.7% is up versus 10.1% a few years ago. At today's price the dividend yield works out to roughly 0.81%. The payout ratio is around 29% of earnings. The dividend has grown at 9.4% per year over the past 19 years. The consensus 12-month price target for Trane Technologies is 555.00 USD, about 19.2% above where the stock trades today. Of 33 analysts, 21 rate the stock a buy — an overall Buy consensus.

Trane Technologies stock price

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Trane Technologies business model & stock analysis

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.

Frequently asked questions about Trane Technologies

The business model of Trane Technologies PLC revolves around providing sustainable solutions for air conditioning, heating, and refrigeration. With a focus on promoting energy efficiency and reducing environmental impact, Trane Technologies offers innovative HVAC systems and services to residential, commercial, and industrial customers worldwide. Trane Technologies aims to enhance indoor comfort while maximizing energy efficiency, reducing emissions, and improving air quality. Through its leading brands, such as Trane and Thermo King, the company combines advanced technologies with a commitment to sustainability, offering reliable and environmentally conscious solutions for both customer comfort and environmental responsibility.

Trane Technologies PLC is primarily active in the industries of heating, ventilation, and air conditioning (HVAC) systems, as well as commercial refrigeration and building automation.

The main competitors of Trane Technologies PLC in the market are Johnson Controls Inc., Lennox International Inc., and Carrier Global Corporation.

Trane Technologies PLC, formerly known as Ingersoll-Rand Plc, is a global climate innovation company. With a rich history dating back to 1885, Trane Technologies has been a pioneer in providing energy-efficient solutions for heating, ventilation, and air conditioning (HVAC) systems. The company's commitment to sustainability and environmental stewardship has led to numerous advancements in the industry. Today, Trane Technologies is a leading provider of HVAC systems, services, and controls, offering innovative solutions for residential, commercial, and industrial applications worldwide. It continues to leverage its expertise and technological advancements to address the increasing demand for sustainable and comfortable indoor environments.

Trane Technologies PLC has achieved several significant milestones throughout its history. The company, formerly known as Ingersoll-Rand, established itself as a global leader in climate and industrial solutions. Some notable achievements include diversifying its product portfolio with innovative energy-efficient technologies, expanding its global footprint through strategic acquisitions, and consistently delivering sustainable solutions to address climate challenges. Trane Technologies PLC has also received numerous accolades for its commitment to environmental sustainability and corporate responsibility, further solidifying its reputation as an industry leader.

Trane Technologies PLC is primarily present in various countries and regions worldwide. With a strong global footprint, the company operates across North America, Europe, Asia Pacific, Latin America, and the Middle East. Trane Technologies PLC's products and solutions are widely utilized in commercial buildings, industrial facilities, residential properties, and transportation sectors in these regions. As a leading provider of heating, ventilation, and air conditioning (HVAC) systems, as well as solutions for refrigeration and building automation, Trane Technologies PLC has established its presence and garnered a reputation for its offerings in these diverse markets.

Trane Technologies PLC represents a strong commitment to sustainability and innovation. With a focus on creating a more sustainable future for the planet, Trane Technologies adopts a corporate philosophy that prioritizes environmental stewardship and energy efficiency. The company's values revolve around providing innovative climate control solutions and services that improve indoor air quality while reducing energy consumption and greenhouse gas emissions. Trane Technologies is dedicated to driving sustainability, transformative technologies, and operational excellence in order to contribute to a healthier, more sustainable world.

Analysts currently set an average price target of 546.88 USD for the Trane Technologies stock (median: 555.00 USD), implying +17.4 % versus the latest price. The consensus is based on 33 analyst ratings.

33 analysts currently rate the Trane Technologies stock: 21 recommend buying, 12 holding and 0 selling. For 2026, analysts expect Trane Technologies to generate revenue of 23.78 B USD and earnings per share of 15.13 USD.

Converted at the current exchange rate, the Trane Technologies share trades at 415.23 EUR (465.75 USD).

The Trane Technologies share (TT) is listed on 5 stock exchanges, including: NYSE (TT), London (0Y2S.L), Frankfurt (2IS.F), München (2IS.MU), Düsseldorf (2IS.DU).

Trane Technologies PLC is a global company with the goal of creating a more sustainable world. It focuses on technologies that help protect the environment while saving energy. The company is headquartered in Ireland and operates more than 350 locations in 70 countries worldwide. The business model of Trane Technologies PLC is based on three core areas: 1. Heating, Ventilation, and Air Conditioning (HVAC) 2. Cooling 3. Building technology solutions The HVAC business segment is the largest division of the company and specializes in manufacturing heating, ventilation, and air conditioning systems. The company offers a wide range of products, including air purifiers, fans, heat pumps, air conditioners, and cooling systems. Trane Technologies PLC's products are known for their high energy efficiency and contribution to reducing energy consumption in buildings. The cooling business segment of Trane Technologies PLC caters to customers in the food and beverage industry as well as retail. The company offers cooling systems specifically designed for the refrigeration of food and beverages. These systems are energy-efficient and environmentally friendly. In the field of building technology solutions, Trane Technologies PLC provides a wide range of solutions to optimize energy consumption in buildings. This includes energy consumption system optimization, energy management, building automation and control, energy consumption measurement and management, and energy recovery. Trane Technologies PLC serves various industries such as healthcare, education, retail, commercial and residential construction, and industrial markets. Through targeted customer engagement and a strong sales strategy, the company can successfully market its products and services. Trane Technologies PLC is committed to achieving its sustainability goals and ESG (Environment, Social, and Governance) goals. To this end, the company has launched various initiatives, such as reducing carbon emissions and promoting renewable energy. Overall, Trane Technologies PLC has a strong business model based on the three core areas of heating, ventilation, and air conditioning; cooling; and building technology solutions. With its energy-efficient products and services, the company is well-positioned to assist its customers in achieving their sustainability goals.

The expected revenue of Trane Technologies is 23.78 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Trane Technologies is 3.38 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Trane Technologies is currently 30.79. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Trane Technologies stock.

The price-to-sales ratio (P/S) of Trane Technologies is currently 4.38. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Trane Technologies stock.

The Eulerpool Quality Score for Trane Technologies is 7/10.

The ISIN of Trane Technologies is IE00BK9ZQ967. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Trane Technologies is A2P09K. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Trane Technologies is TT. The ticker symbol is used to trade Trane Technologies shares on the stock exchange.

Fair ValueTerminal
489.04 USD
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Building Products
Number of shares
Employees
Revenue per Employee
484,588.64 USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
Ireland
Currency
USD
Initial public offering
Oct 10, 1906
ISIN
IE00BK9ZQ967
Cusip
G8994E103
Sedol
BK9ZQ96
Market capitalization
103.08 B USDLarge Cap
52-Week Range
PEG
3.55
P/E ratio
P/Ee 2026
30.48
P/Ee 2027
26.28
P/Ee 2028
22.85
P/Ee 2029
20.49
P/Ee 2030
18.88
P/S
P/Se
4.38
EV/EBIT
26.26
P/B Ratio
11.99
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
22.08 %
Dividend
Dividend yield
0.81 %
Est. Dividend Yield
0.90 %
Payout Ratio
28.81 %
Dividend growth Ø5Y
9.76 %
Dividend payments per year
4
Dividend paid since
36 years
Dividend not reduced since
15 years
Dividend increased since
5 years
Dividend withholding tax
25.00 %
Last updated Oct 23, 2026, 4:30 AM

Trane Technologies Ticker

DÜSSELDORF · 2IS.DUFRANKFURT · 2IS.FLONDON · 0Y2S.LMUNICH · 2IS.MUNEW YORK · TT

Trane Technologies FIGI

TT:US · BBG000BM6788TT:UA · BBG000BM68B2TT:UC · BBG000BM68P7TT:UN · BBG000BM6966TT:UP · BBG000BM69D8TT:UB · BBG000BM6BC4TT:UT · BBG000BM6BY0TT:UM · BBG000BM6D49TT:UX · BBG000BM6DD9TT:UD · BBG000BM6GX0TT:UF · BBG000BM6JL7TT:VY · BBG000BM6JV6