Trane Technologies Plc (TT) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	23.2B	21.3B	19.8B	17.7B	16.0B
Cost of Revenue	15.1B	13.6B	12.8B	11.8B	11.0B
Gross Profit	8.1B	7.7B	7.1B	5.9B	5.0B
Operating Expenses
R&D Expense	—	347.6M	—	—	—
SG&A Expense	4.0B	3.8B	3.6B	3.0B	2.5B
General & Admin Expense	2.1B	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	(443.6M)	—	—	—
Total Operating Expenses	4.0B	3.7B	3.6B	3.0B	2.5B
Cost and Expenses	19.1B	17.4B	16.3B	14.8B	13.6B
Operating Income (EBIT)	4.2B	4.0B	3.5B	2.9B	2.4B
Non-Operating
Interest Income	12.9M	9.0M	35.9M	15.4M	9.2M
Interest Expense	216.7M	227.5M	238.4M	234.5M	223.5M
Net Interest Income	(203.8M)	(217.7M)	(202.5M)	(219.1M)	(214.3M)
Other Non-Op Income/Expense	(237.0M)	(288.8M)	(258.3M)	(326.7M)	(246.8M)
Non-Operating Income (excl Interest)	20.3M	96.0M	19.9M	92.2M	22.6M
EBT (Pre-Tax Income)	3.9B	3.7B	3.2B	2.6B	2.2B
Income Tax Expense	697.2M	705.9M	627.6M	498.4M	375.9M
Bottom Line
Net Income	3.2B	2.9B	2.6B	2.0B	1.8B
Earnings from Cont. Ops	3.2B	3.0B	2.6B	2.1B	1.8B
Earnings from Discont. Ops	(52.6M)	(37.0M)	(24.7M)	(27.2M)	—
Bottom Line Net Income	3.2B	3.0B	2.6B	2.0B	1.8B
Per Share
Basic EPS	$14.22	$13.09	$11.44	$8.85	$7.55
Diluted EPS	$14.16	$12.98	$11.24	$8.77	$7.48
Revenue Per Share	$104.91	$95.36	$88.38	$77.82	$68.75
Shares
Basic Shares Outstanding	221.4M	223.6M	224.5M	227.2M	232.6M
Diluted Shares Outstanding	221.4M	223.6M	228.4M	230.7M	234.9M
Profitability Metrics
EBITDA	4.4B	4.2B	3.9B	3.1B	2.7B
D&A	301.9M	341.5M	379.4M	348.1M	323.6M
EBIT	4.1B	3.9B	3.5B	2.8B	2.4B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026