← Trane Technologies plc
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $13.5b |
$14.2b
+5.10%
|
$15.7b
+10.36%
|
$16.6b
+5.94%
|
$12.5b
-24.97%
|
$14.1b
+13.50%
|
$16.0b
+13.12%
|
$17.7b
+10.54%
|
$19.8b
+12.22%
|
$21.3b
+7.48%
|
$22.2b
+4.16%
|
|
| Cost of Product and Service Sold | ($9.3b) |
($9.8b)
-5.17%
|
($10.8b)
-10.56%
|
($11.5b)
-5.57%
|
($8.7b)
+24.45%
|
($9.7b)
-11.74%
|
($11.0b)
-14.07%
|
($11.8b)
-7.20%
|
($12.7b)
-7.74%
|
($13.6b)
-6.89%
|
— | |
| Cost of Revenue | $9.3b |
$9.8b
+5.17%
|
$10.8b
+10.56%
|
$11.5b
+5.57%
|
$8.7b
-24.45%
|
$9.7b
+11.74%
|
$11.0b
+14.07%
|
$11.8b
+7.20%
|
$12.8b
+7.93%
|
$13.6b
+6.69%
|
$14.3b
+5.42%
|
|
| Gross Profit (Calculated) | $4.2b |
$4.4b
+4.94%
|
$4.8b
+9.91%
|
$5.1b
+6.78%
|
$3.8b
-26.11%
|
$4.5b
+17.52%
|
$5.0b
+11.08%
|
$5.9b
+17.97%
|
$7.1b
+20.89%
|
$7.7b
+8.89%
|
— | |
| Research and Development Expense | $207.9m | $210.8m | — | $237.0m | $165.0m | $193.5m | $211.2m | $252.3m | $309.6m | $347.6m | — | |
| Amortization of Intangible Assets | $132.0m | $132.0m | $139.3m | $171.3m | $115.7m | $123.6m | $142.7m | $165.2m | $180.7m | $164.5m | — | |
| Restructuring Costs | — | — | — | — | — | — | — | — | $5.0m | ($31.2m) | — | |
| Restructuring and Related Cost, Incurred Cost | $35.5m | $61.7m | $93.4m | $90.1m | $75.7m | $27.0m | — | — | — | — | — | |
| Operating Income (Loss) | $1.6b |
$1.7b
+5.86%
|
$1.9b
+15.14%
|
$2.0b
+5.23%
|
$1.5b
-24.03%
|
$2.0b
+32.00%
|
$2.4b
+19.55%
|
$2.9b
+19.64%
|
$3.5b
+20.94%
|
$4.0b
+13.35%
|
$4.0b
+0.44%
|
|
| Other Operating Income (Expense), Net | $1.6b | $1.7b | $1.9b | $2.0b | $1.5b | $2.0b | $2.4b | $2.9b | ($19.9m) | ($44.7m) | — | |
| Interest Expense | $221.5m | $215.8m | $220.7m | $243.0m | $248.7m | $233.7m | $223.5m | $234.5m | $238.4m | $226.7m | $219.9m | |
| Interest Income, Other | — | — | — | — | $4.5m | $4.0m | $9.2m | $15.4m | $35.9m | $9.0m | $14.1m | |
| Investment Income, Interest | $8.0m | $9.4m | $6.4m | $3.1m | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($2.0m) | ($8.8m) | ($17.6m) | ($12.3m) | ($10.0m) | ($10.7m) | ($17.9m) | ($20.1m) | ($24.1m) | ($15.4m) | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | — | — | $15.0m | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $0 | $0 | $0 | $0 | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | $389.7m | ($31.6m) | ($36.4m) | ($33.0m) | $4.1m | $1.1m | ($23.3m) | ($92.2m) | ($19.9m) | ($62.1m) | — | |
| Other Nonoperating Income (Expense) | $389.7m | ($31.6m) | ($36.4m) | ($33.0m) | $24.3m | $9.4m | ($4.0m) | ($67.5m) | ($20.1m) | ($20.9m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $419.8m | ($17.6m) | $971.6m | $960.6m | $653.9m | $995.5m | $1.3b | $1.7b | $1.9b | $3.0b | $3.7b | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $1.7b | $1.4b | $1.7b | $1.7b | $1.3b | $1.8b | $2.2b | $2.6b | $3.2b | $3.7b | $3.7b | |
| Benefit (provision) for income taxes | ($281.5m) | ($80.2m) | ($281.3m) | ($353.7m) | ($296.8m) | ($333.5m) | ($375.9m) | ($498.4m) | ($627.6m) | ($705.9m) | — | |
| Current Income Tax Expense (Benefit) | $315.3m | $197.6m | $425.1m | $336.9m | $274.6m | $358.7m | $308.1m | $551.9m | $756.7m | $592.3m | $708.8m | |
| Net earnings | $1.5b |
$1.3b
-12.09%
|
$1.4b
+3.44%
|
$1.4b
+5.23%
|
$870.0m
-39.10%
|
$1.4b
+65.13%
|
$1.8b
+23.53%
|
$2.0b
+15.04%
|
$2.6b
+26.83%
|
$2.9b
+13.37%
|
$2.9b
+0.45%
|
|
| Net earnings (loss) attributable to Trane Technologies plc | $1.5b | $1.3b | $1.3b | $1.4b | $854.9m | $1.4b | $1.8b | $2.0b | $2.6b | $2.9b | $2.9b | |
| Net Income (Loss) Attributable to Parent | $1.5b |
$1.3b
-11.76%
|
$1.3b
+2.69%
|
$1.4b
+5.48%
|
$854.9m
-39.41%
|
$1.4b
+66.50%
|
$1.8b
+23.40%
|
$2.0b
+15.22%
|
$2.6b
+26.88%
|
$2.9b
+13.66%
|
$2.9b
+1.04%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $16.5m | $9.7m | $19.9m | $17.6m | — | — | — | — | — | — | $2.9b | |
| Earnings Per Share, Basic | $4.42 | $3.96 | $4.20 | $4.53 | $3.56 | $5.96 | $7.55 | $8.85 | $11.35 | $13.09 | $13.30 | |
| Earnings Per Share, Diluted | $4.38 | $3.92 | $4.15 | $4.48 | $3.52 | $5.87 | $7.48 | $8.77 | $11.24 | $12.98 | $13.21 | |
| Income (Loss) from Continuing Operations, Per Basic Share | $6 | $5 | $6 | $6 | $4 | $6 | $8 | $9 | $11 | $13 | — | |
| Common Stock, Dividends, Per Share, Declared | $1.04 | $1.31 | $1.50 | $1.64 | $2.12 | $2.36 | $2.68 | $3.00 | $3.36 | $3.76 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 334.1m | 328.6m | 318.6m | 311.4m | 240.1m | 238.7m | 232.6m | 228.6m | 226.2m | 223.0m | 221.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 337.3m | 332.7m | 322.4m | 315.0m | 243.1m | 242.3m | 234.9m | 230.7m | 228.4m | 224.9m | 223.4m | |
| Additional Financial Items | ||||||||||||
| Capitalized Computer Software, Amortization | $35.9m | $28.6m | $25.7m | $25.3m | $50.2m | $45.7m | $42.1m | $36.5m | $38.2m | $34.8m | — | |
| Continuing operations | $6 | $5 | $5 | $6 | $4 | $6 | $8 | $9 | $11 | $13 | — | |
| Discontinued operations | $0 | ($0) | ($0) | $0 | ($0) | ($0) | ($0) | ($0) | ($0) | ($0) | — | |
| Discontinued operations, net of tax | $32.9m | ($25.4m) | ($21.5m) | $40.6m | ($121.4m) | ($20.6m) | ($21.5m) | ($27.2m) | ($24.7m) | ($37.0m) | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | ($52.2m) | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | — | — | — | — | — | — | — | — | |
| Income (Loss) Attributable to Parent, before Tax | — | — | — | — | — | — | — | $2.6b | $3.2b | $3.7b | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest | — | — | ($15.1m) | ($15.2m) | ($14.2m) | ($13.2m) | ($18.2m) | ($17.8m) | ($21.6m) | ($17.1m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Noncontrolling Interest | — | — | ($4.8m) | ($2.4m) | ($900k) | $0 | $0 | — | — | — | — | |
| Other, net | $389.7m | ($31.6m) | ($36.4m) | ($33.0m) | $4.1m | $1.1m | ($23.3m) | ($92.2m) | ($19.9m) | ($62.1m) | — | |
| Selling and administrative expenses | ($2.6b) | ($2.7b) | ($2.9b) | ($3.1b) | ($2.3b) | ($2.4b) | ($2.5b) | ($3.0b) | ($3.6b) | ($3.7b) | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $1.4b | $1.3b | $1.4b | $1.4b | $977.2m | $1.4b | $1.8b | $2.1b | $2.6b | $3.0b | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $1.5b | $1.3b | $1.4b | $1.4b | $991.4m | $1.5b | $1.8b | $2.1b | $2.6b | $3.0b | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.