Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial - Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- About
TT 
Trane Technologies plc (TT)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- 1Y
- 1M
- 1W
Upturn Advisory Summary
01/09/2026: TT (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
26 Analysts rated it
Well-followed company, solid analyst reports, reliable data for confident investing.
1 Year Target Price $479.91
1 Year Target Price $479.91
| 7 | Strong Buy |
| 2 | Buy |
| 15 | Hold |
| 0 | Sell |
| 2 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 13.85% | Avg. Invested days 48 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 01/09/2026 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 84.93B USD | Price to earnings Ratio 29.25 | 1Y Target Price 479.91 |
Price to earnings Ratio 29.25 | 1Y Target Price 479.91 | ||
Volume (30-day avg) 26 | Beta 1.22 | 52 Weeks Range 296.13 - 474.00 | Updated Date 01/10/2026 |
52 Weeks Range 296.13 - 474.00 | Updated Date 01/10/2026 | ||
Dividends yield (FY) 0.97% | Basic EPS (TTM) 13.05 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 13.93% | Operating Margin (TTM) 20.22% |
Management Effectiveness
Return on Assets (TTM) 11.42% | Return on Equity (TTM) 37.21% |
Valuation
Trailing PE 29.25 | Forward PE 25.58 | Enterprise Value 87387269553 | Price to Sales(TTM) 4.03 |
Enterprise Value 87387269553 | Price to Sales(TTM) 4.03 | ||
Enterprise Value to Revenue 4.15 | Enterprise Value to EBITDA 20.32 | Shares Outstanding 221739004 | Shares Floating 221178004 |
Shares Outstanding 221739004 | Shares Floating 221178004 | ||
Percent Insiders 0.26 | Percent Institutions 90.25 |
Upturn AI SWOT
Trane Technologies plc
Company Overview
History and Background
Trane Technologies plc (formerly Ingersoll Rand Inc.) was formed in 2000 through the merger of Ingersoll-Rand Company and Trane Company. In 2020, it completed the separation of its Industrial segment and merged with W.S. Rockwell, rebranding as Trane Technologies plc to focus on its climate solutions business. The company has a long history dating back to the early 20th century with the founding of Trane in 1913.
Core Business Areas
- Building Solutions: Designs, manufactures, and services a broad portfolio of HVAC (Heating, Ventilation, and Air Conditioning) systems, controls, and services for commercial, residential, and institutional buildings. This includes chillers, air handlers, heat pumps, and integrated building management systems.
- Residential HVAC & Supply: Provides heating and air conditioning products and services for the residential market. This segment also includes a wholesale distribution network for HVAC parts and equipment.
- Thermal Solutions: Offers temperature control solutions for specialized applications, including refrigeration equipment for transport, industrial process cooling, and marine applications.
Leadership and Structure
Trane Technologies plc is led by a board of directors and a senior management team responsible for strategic direction and operational execution. The company is organized into business segments focused on its core offerings, with distinct leadership for each. Key executives include the Chief Executive Officer, Chief Financial Officer, and heads of various business units and functions.
Top Products and Market Share
Key Offerings
- Trane HVAC Systems: Includes a wide range of air conditioners, heat pumps, furnaces, and ventilation systems for residential and commercial applications. Competitors include Carrier Global (CARR), Lennox International (LII), and Daikin Industries.
- Trane Controls and Building Management Systems: Offers integrated solutions for optimizing building performance, energy efficiency, and occupant comfort. Competitors include Honeywell International (HON) and Siemens AG.
- Thermo King Refrigeration: A leading provider of transport temperature control solutions for trailers, containers, and trucks. Competitors include Carrier Commercial Refrigeration and E.O.G. Group.
Market Dynamics
Industry Overview
The HVAC and climate solutions industry is driven by demand for energy efficiency, sustainability, smart building technology, and comfort. Factors like new construction, building retrofits, regulatory requirements, and rising energy costs significantly influence market dynamics. The industry is experiencing a trend towards connected devices and data-driven optimization.
Positioning
Trane Technologies plc is a global leader in climate solutions, known for its innovative, reliable, and energy-efficient products and services. Its competitive advantages include a strong brand reputation, extensive distribution network, commitment to sustainability, and a broad portfolio serving diverse end markets.
Total Addressable Market (TAM)
The global HVAC market is estimated to be worth hundreds of billions of dollars and is projected to grow steadily. Trane Technologies plc is well-positioned within this TAM, particularly in the commercial and residential HVAC segments, as well as transport refrigeration, through its established brands and global presence.
Upturn SWOT Analysis
Strengths
- Strong brand recognition and reputation (Trane, Thermo King)
- Extensive global distribution and service network
- Focus on sustainability and energy efficiency driving demand
- Diversified end markets (commercial, residential, transport)
- Technological innovation in HVAC and building controls
Weaknesses
- Sensitivity to economic downturns affecting new construction and equipment upgrades
- Reliance on supply chains for critical components
- Competition from a wide array of global and regional players
Opportunities
- Growing demand for smart and connected building solutions
- Increasing government incentives and regulations for energy efficiency
- Expansion in emerging markets
- Growth in retrofitting older buildings for improved performance
- Acquisitions to expand product offerings or market reach
Threats
- Volatile raw material costs (e.g., steel, refrigerants)
- Intensifying competition and price pressure
- Changes in environmental regulations impacting refrigerants or manufacturing processes
- Geopolitical instability affecting global trade and supply chains
- Cybersecurity risks to connected building systems
Competitors and Market Share
Key Competitors
- Carrier Global (CARR)
- Johnson Controls International (JCI)
- Honeywell International (HON)
- Lennox International (LII)
Competitive Landscape
Trane Technologies benefits from its strong brand equity and a comprehensive product and service portfolio, particularly in the commercial HVAC space. While facing intense competition, its commitment to innovation and customer solutions helps maintain its competitive edge. Competitors often vie for market share through pricing, product features, and service networks.
Major Acquisitions
W.S. Rockwell
- Year: 2020
- Acquisition Price (USD millions):
- Strategic Rationale: This transaction was part of the strategic separation of Ingersoll Rand's Industrial segment and rebranding as Trane Technologies, focusing the company on climate solutions.
M&A Integration of Previous Acquisitions
- Year:
- Acquisition Price (USD millions):
- Strategic Rationale: Trane Technologies has a history of strategic acquisitions, often aimed at expanding its product lines, technological capabilities, or geographic reach within the climate solutions and HVAC sectors.
Growth Trajectory and Initiatives
Historical Growth: Trane Technologies has exhibited consistent historical growth, driven by organic expansion in its core markets and strategic acquisitions. The focus on sustainability and energy efficiency has been a significant tailwind.
Future Projections: Analyst projections generally indicate continued revenue and earnings growth for Trane Technologies, driven by global demand for climate solutions, new construction, and retrofits. The company's investments in innovation and its strong market position are expected to support this trajectory.
Recent Initiatives: Recent initiatives include the continued integration of acquired businesses, expansion of its digital offerings for building management, and a strong emphasis on its Environmental, Social, and Governance (ESG) commitments, particularly in developing sustainable climate solutions.
Summary
Trane Technologies plc is a strong player in the global climate solutions market, with robust revenue streams from its core HVAC and building management segments. Its focus on sustainability, innovation, and a vast service network are key strengths. While facing industry competition and economic sensitivities, its strategic positioning and growth trajectory in energy-efficient solutions provide a solid foundation for future performance.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Trane Technologies plc Investor Relations
- Annual Reports (10-K) and Quarterly Reports (10-Q)
- Financial News and Analysis Websites
- Industry Market Research Reports
Disclaimers:
This JSON output is for informational purposes only and does not constitute financial advice. Data accuracy is based on publicly available information at the time of generation and may be subject to change. Market share data is an estimate. Investors should conduct their own due diligence before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Trane Technologies plc
Exchange NYSE | Headquaters - | ||
IPO Launch date 1985-07-01 | Chairman of the Board & CEO Mr. David S. Regnery | ||
Sector Industrials | Industry Building Products & Equipment | Full time employees 45000 | |
Full time employees 45000 | |||
Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps; chillers; coils and condensers; auxiliary power, cold storage, cold storage, and condensing units; controls contracting and commissioning, decarbonization programs, and gensets; dehumidifiers; energy and water efficiency programs; energy recovery ventilators; energy storage; furnaces; home automation; humidifiers; HVAC performance-monitoring products; and indoor air quality assessments and related products for HVAC and transport solutions. The company also provides asset management, building management, bus air purification, bus and rail HVAC, container refrigeration, control, cryogenic refrigeration, ductless, geothermal, data center and multi-pipe HVAC, package heating and cooling, rail refrigeration, residential air filtration, self-powered truck refrigeration, temporary heating and cooling, truck refrigeration, unitary, variable refrigerant flow, and trailer refrigeration systems. In addition, it offers industrial process refrigeration, installation contracting, lighting retrofit, medical grade refrigeration, refrigerant reclamation, renewable energy and storage, residential hybrid heating, telematics, thermostats/controls and associated digital, and ventilation solutions; packaged rooftop units; rate chambers; residential air filters; thermal energy storage; transport heater products; ultra-low temperature freezers; energy infrastructure programs and management, repair and maintenance, smart and AI-enabled, and rental services; and water source heat pumps, as well as aftermarket and OEM parts and supplies. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. The company was founded in 1885 and is headquartered in Swords, Ireland.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.