Companies /Industrials

Trane Technologies plc - Class A

NYSE: TT Building Products & Equipment
$413.31
▲ $3.31 (+0.81%) today
Markets closed · 4:53pm ET

24/7 Wall St. View

TT at a Glance

Valuation
Market cap
$89.7B
P/E ratio
28.5
Dividend yield
0.95%
Profitability
Revenue (TTM)
$23.2B
Profit margin
13.6%
EPS (TTM)
$14.39
Price
52-week range
$346 – $505
24/7 target
$499.32
Street target
$519.30
Earnings
Next report
Jan 25, 2027
Q3 2026 EPS
$4.86
vs. $4.73 est.
+2.7%

Headquartered in 170/175 Lakeview Drive, Swords Fiscal year ends December NYSE: TT tranetechnologies.com

About Trane Technologies

Trane Technologies plc (NYSE: TT) is a climate solutions company that sells heating, ventilation and air conditioning (HVAC) and refrigeration products and services under its two strategic brands, Trane and Thermo King. It serves commercial buildings, homes and transportation.

The company reports three geographic segments:
- **Americas (North America and Latin America):** Its largest segment, generating about [USD:5650000000] of Q3 2026 revenue. It covers commercial heating, cooling and ventilation systems, building controls, energy services and solutions, residential heating and cooling, and transport refrigeration.
- **EMEA:** Heating, cooling and ventilation systems and services, energy services, building controls and transport refrigeration.
- **Asia Pacific:** Commercial building HVAC systems, services and solutions, and transport refrigeration.

Revenue comes from equipment sales plus services, controls and energy solutions. Demand is tied to secular trends in decarbonization, energy efficiency and indoor air quality. The company has a $12.5 billion backlog, led by Americas Commercial HVAC, and it continues to make bolt-on acquisitions. Its capital allocation policy targets a growing dividend and deploying 100 percent of excess cash to shareholders over time. Updated

Revenue by Segment · Q3 2026
  1. Americas84%
  2. EMEA11%
  3. Asia Pacific5%

Latest Activity

TTTrane Technologies
Q3 2026
EPS
$4.86
est $4.73+2.7%
Revenue
$6.76B
est $6.50B+4.1%

Backlog jumped 73% to $12.5 billion, locking in HVAC demand well past this quarter's beat on both lines. Management raised full-year revenue growth guidance and kept adjusted EPS guidance intact.

Quarterly EPS — reported vs estimate
TTTrane Technologies
Regular session
$444.42
-4.47%open $465.23

A 4.47% slide to $444.42 takes roughly $4.4 billion off a $97.8 billion HVAC leader, an unusually heavy day for a name that normally grinds higher in small steps. Whether it holds the $465 open level is the next thing to watch.

TTTrane Technologies
Regular session
$444.06
-4.55%open $465.23

A 4.55% slide to $444.07 is a rare one-day drop for a $97.7 billion HVAC compounder that rarely moves like this. Whether buyers step in near the day's lows is the thing to watch.

TT Coverage

7:08am ET
Investing

Trane adds 10,000 jobs in 5 years as growth accelerates

Trane Technologies (NYSE:TT | TT Price Prediction) CEO Dave Regnery made a point recently that deserves more attention than it typically gets in earnings recaps: “Five years ago when we started as…

William Temple
12:53pm ET
Investing

3 Top-Yield Dividend Picks for Steady Earnings Today

Many individual stocks provide steady earnings for investors through dividend distributions. However, you can actually achieve higher yields and greater diversification with exchange traded funds (ETFs). To help you earn paycheck-like income…

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Frequently Asked Questions

What does Trane Technologies do?

Trane Technologies plc (NYSE: TT) is a climate solutions company that sells heating, ventilation and air conditioning (HVAC) and refrigeration products and services under its two strategic brands, Trane and Thermo King. It serves commercial buildings, homes and transportation.

What is the TT stock price target?

24/7 Wall St.'s 12-month price target for TT is $499.32, rated Buy. The Wall Street consensus target is $519.30. TT price prediction →