Trane Technologies (TT)
(Delayed Data from NYSE)
$386.63 USD
-2.10 (-0.54%)
Updated Oct 1, 2024 04:00 PM ET
After-Market: $386.57 -0.06 (-0.02%) 7:58 PM ET
2-Buy of 5 2
D Value B Growth C Momentum C VGM
Company Summary
Founded in 1885 and headquartered in Swords, Ireland, Trane Technologies is a designer, manufacturer, seller and servicer of climate control products for heating, ventilation, air conditioning and transport solutions. The company distributes its products through branch sales offices, dealers and distributors in the United States and through subsidiary sales and service companies in other parts of the world. Trane generated around 72% of its revenues from the United States and rest from more than 100 other countries. With no customer accounting for more than 10% of revenues, the company’s business does not depend on any single customer of ...
Company Summary
Founded in 1885 and headquartered in Swords, Ireland, Trane Technologies is a designer, manufacturer, seller and servicer of climate control products for heating, ventilation, air conditioning and transport solutions. The company distributes its products through branch sales offices, dealers and distributors in the United States and through subsidiary sales and service companies in other parts of the world. Trane generated around 72% of its revenues from the United States and rest from more than 100 other countries. With no customer accounting for more than 10% of revenues, the company’s business does not depend on any single customer of group of customers.
As of Dec 31, 2023, Trane Technologies had roughly 40,000 employees in around 60 countries including roughly 15,000 outside of the United States. Roughly 25.9% of the company’s global employees are women and 37.2% of employees in the United States are racially and ethnically diverse. In 2023, 30.9% of new hires were women worldwide and 53% of new hires in the United States were racially and ethnically diverse. Trane continues to invest in research, development and other activities that it feels are necessary for improving its competitive position. It focuses on reduction of production cost, development of new products, enhancement of existing products and development of custom solutions for customers.
The company operates three regional segments which are also its reportable segments- Americas, EMEA and Asia Pacific. The Americas segment serves North American and Latin American customers with residential and commercial heating and cooling systems, energy services and solutions, building controls, and transport refrigeration systems and solutions. The segment generated $13.8 billion of revenues in 2023 (78% of total revenues). The EMEA segment serves customers in Europe, Middle East and Africa with heating and cooling systems, services and solutions for commercial buildings, and transport refrigeration systems and solutions. The segment generated $2.4 billion of revenues in 2023 (14% of total revenues). The Asia Pacific segment offers heating and cooling systems, services and solutions for commercial buildings, and transport refrigeration systems and solutions in the Asia Pacific region. The segment generated $1.4 billion of revenues in 2023 (8% of total revenues).
General Information
Trane Technologies plc
170/175 LAKEVIEW DRIVE AIRSIDE BUSINESS PARK SWORDS
DUBLIN, L2 28036
Phone: 353-01-870-7400
Fax: 201-573-3448
Web: http://www.tranetechnologies.com
Email: investorrelations@tranetechnologies.com
Industry | Technology Services |
Sector | Business Services |
Fiscal Year End | December |
Last Reported Quarter | 9/30/2024 |
Exp Earnings Date | 11/6/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 3.22 |
Current Year EPS Consensus Estimate | 10.87 |
Estimated Long-Term EPS Growth Rate | 13.30 |
Exp Earnings Date | 11/6/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 388.73 |
52 Week High | 391.94 |
52 Week Low | 184.02 |
Beta | 1.01 |
20 Day Moving Average | 1,066,152.25 |
Target Price Consensus | 361.82 |
4 Week | 7.48 |
12 Week | 16.55 |
YTD | 59.38 |
4 Week | 5.36 |
12 Week | 12.72 |
YTD | 31.93 |
Shares Outstanding (millions) | 225.67 |
Market Capitalization (millions) | 87,724.79 |
Short Ratio | NA |
Last Split Date | 9/2/2005 |
Dividend Yield | 0.86% |
Annual Dividend | $3.36 |
Payout Ratio | 0.33 |
Change in Payout Ratio | -0.06 |
Last Dividend Payout / Amount | 9/6/2024 / $0.84 |
Fundamental Ratios
P/E (F1) | 35.75 |
Trailing 12 Months | 38.11 |
PEG Ratio | 2.69 |
vs. Previous Year | 23.13% |
vs. Previous Quarter | 70.10% |
vs. Previous Year | 12.81% |
vs. Previous Quarter | 25.90% |
Price/Book | 12.59 |
Price/Cash Flow | 36.36 |
Price / Sales | 4.66 |
6/30/24 | 33.97 |
3/31/24 | 32.78 |
12/31/23 | 32.01 |
6/30/24 | 12.04 |
3/31/24 | 11.52 |
12/31/23 | 11.10 |
6/30/24 | 1.17 |
3/31/24 | 1.13 |
12/31/23 | 1.13 |
6/30/24 | 0.84 |
3/31/24 | 0.74 |
12/31/23 | 0.78 |
6/30/24 | 12.44 |
3/31/24 | 12.10 |
12/31/23 | 11.79 |
6/30/24 | 12.33 |
3/31/24 | 11.81 |
12/31/23 | 11.45 |
6/30/24 | 15.58 |
3/31/24 | 14.97 |
12/31/23 | 14.52 |
6/30/24 | 30.88 |
3/31/24 | 30.53 |
12/31/23 | 30.84 |
6/30/24 | 5.51 |
3/31/24 | 5.31 |
12/31/23 | 5.23 |
6/30/24 | 0.62 |
3/31/24 | 0.58 |
12/31/23 | 0.57 |
6/30/24 | 38.25 |
3/31/24 | 36.54 |
12/31/23 | 36.18 |