Trane Technologies plc
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- Market Cap.:
- $46.87 billion
- Book Value:
- Revenue TTM:
- $16.82 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $4.96 billion
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Trane Technologies plc had its IPO on 1985-07-01 under the ticker symbol TT.
The company operates in the Industrials sector and Building Products & Equipment industry. Trane Technologies plc has a staff strength of 39,000 employees.
Shares of Trane Technologies plc opened at $209.7 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $207.42 - $211.58, and closed at $208.46.
This is a -0.92% slip from the previous day's closing price.
A total volume of 1,270,290 shares were traded at the close of the day’s session.
In the last one week, shares of Trane Technologies plc have increased by +1.57%.
Trane Technologies plc's Key Ratios
Trane Technologies plc has a market cap of $46.87 billion, indicating a price to book ratio of 6.9403 and a price to sales ratio of 2.5408.
In the last 12-months Trane Technologies plc’s revenue was $16.82 billion with a gross profit of $4.96 billion and an EBITDA of $2.87 billion. The EBITDA ratio measures Trane Technologies plc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Trane Technologies plc’s operating margin was 15.34% while its return on assets stood at 8.81% with a return of equity of 32%.
In Q2, Trane Technologies plc’s quarterly earnings growth was a positive 17.6% while revenue growth was a positive 12.3%.
Trane Technologies plc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $8.21 per share while it has a forward price to earnings multiple of 22.2222 and a PEG multiple of 2.4705. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Trane Technologies plc’s profitability.
Trane Technologies plc stock is trading at a EV to sales ratio of 2.8679 and a EV to EBITDA ratio of 17.1801. Its price to sales ratio in the trailing 12-months stood at 2.5408.
Trane Technologies plc stock pays annual dividends of $2.84 per share, indicating a yield of 1.46% and a payout ratio of 35.7%.
Balance sheet and cash flow metrics
- Total Assets
- $18.91 billion
- Total Liabilities
- $5.59 billion
- Operating Cash Flow
- Capital Expenditure
- $56.90 million
- Dividend Payout Ratio
Trane Technologies plc ended 2023 with $18.91 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $18.91 billion while shareholder equity stood at $6.28 billion.
Trane Technologies plc ended 2023 with $0 in deferred long-term liabilities, $5.59 billion in other current liabilities, 252800000.00 in common stock, $8.45 billion in retained earnings and $5.75 billion in goodwill. Its cash balance stood at $663.60 million and cash and short-term investments were $663.60 million. The company’s total short-term debt was $550,200,000 while long-term debt stood at $4.48 billion.
Trane Technologies plc’s total current assets stands at $6.68 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $3.20 billion compared to accounts payable of $2.18 billion and inventory worth $2.36 billion.
In 2023, Trane Technologies plc's operating cash flow was $-647000000.00 while its capital expenditure stood at $56.90 million.
Comparatively, Trane Technologies plc paid $0.36 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Trane Technologies plc stock is currently trading at $208.46 per share. It touched a 52-week high of $211.58 and a 52-week low of $211.58. Analysts tracking the stock have a 12-month average target price of $196.47.
Its 50-day moving average was $199.33 and 200-day moving average was $182.42 The short ratio stood at 1.44 indicating a short percent outstanding of 0%.
Around 31.6% of the company’s stock are held by insiders while 8800.8% are held by institutions.
Frequently Asked Questions About Trane Technologies plc
Similar Industry Stocks (Building Products & Equipment)
Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, custom, and custom and transport refrigeration in Ireland and internationally. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps, auxiliary power units; chillers; coils and condensers; gensets; dehumidifiers; ductless; furnaces; home automation products; humidifiers; indoor air quality assessments and related products; large and light commercial unitary products; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. The company also provides building management, telematic, control, energy efficiency and infrastructure program, geothermal, thermal energy, thermostats, rate chambers, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, diesel-powered, truck, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration and air filtration systems, as well as aftermarket and OEM parts and supplies. In addition, it offers energy and facility management, installation and performance contracting, repair and maintenance, and rental services. It markets and sells its products under the Trane and Thermo King brands through sales offices, distributors, and dealers; and through sales and service companies with a supporting chain of distributors. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. Trane Technologies plc was founded in 1885 and is headquartered in Swords, Ireland.