Grufity logoGrufity logo
Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
TT

TT - Trane Technologies PLC Stock Price, Fair Value and News

327.51USD+1.62 (+0.50%)Market Closed

Market Summary

TT
USD327.51+1.62
Market Closed
0.50%

TT Alerts

  • Big jump in Earnings (Y/Y)

TT Stock Price

View Fullscreen

TT RSI Chart

TT Valuation

Market Cap

74.1B

Price/Earnings (Trailing)

34.39

Price/Sales (Trailing)

4.07

EV/EBITDA

23.18

Price/Free Cashflow

31.85

TT Price/Sales (Trailing)

TT Profitability

EBT Margin

14.97%

Return on Equity

31.16%

Return on Assets

11.13%

Free Cashflow Yield

3.14%

TT Fundamentals

TT Revenue

Revenue (TTM)

18.2B

Rev. Growth (Yr)

15%

Rev. Growth (Qtr)

-4.72%

TT Earnings

Earnings (TTM)

2.2B

Earnings Growth (Yr)

42.07%

Earnings Growth (Qtr)

-13.1%

Breaking Down TT Revenue

Last 7 days

4.0%

Last 30 days

7.8%

Last 90 days

21.3%

Trailing 12 Months

84.2%

How does TT drawdown profile look like?

TT Financial Health

Current Ratio

1.13

Debt/Equity

0.58

Debt/Cashflow

0.66

TT Investor Care

Dividend Yield

0.92%

Dividend/Share (TTM)

3

Buy Backs (1Y)

0.75%

Diluted EPS (TTM)

9.35

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202418.2B000
202316.3B16.8B17.3B17.7B
202214.5B14.8B15.5B16.0B
202112.8B13.5B13.7B14.1B
202012.9B12.4B12.5B12.5B
201911.8B11.0B10.5B13.1B
201814.6B15.0B15.4B12.3B
201713.6B13.8B13.9B14.2B
201613.3B13.4B13.5B13.5B
201513.1B13.1B13.2B13.3B
201412.4B12.6B12.7B12.9B
201311.5B11.1B10.7B12.4B
201212.6B12.4B12.1B12.0B
201114.4B15.0B15.2B12.8B
201012.9B13.0B13.2B13.9B
200913.8B14.2B13.3B13.1B
2008010.2B11.6B13.0B
20070008.8B
Get all data in R, Python etc through our Historical Stock Data APIs
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Trane Technologies PLC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 06, 2024
kuehn christopher j
sold
-1,077,730
286
-3,762
executive vice president & cfo
Mar 06, 2024
regnery david s
sold
-2,801,840
286
-9,782
chair and ceo
Mar 05, 2024
regnery david s
sold
-2,000,490
286
-6,990
chair and ceo
Mar 04, 2024
turtz evan m
sold
-813,373
288
-2,821
senior vice president
Mar 04, 2024
camuti paul a
sold
-1,626,900
288
-5,643
executive vice president
Mar 04, 2024
simmons donald e.
sold
-1,084,920
288
-3,763
group president, americas
Feb 28, 2024
pittard raymond d
sold (taxes)
-401,918
283
-1,417
executive vice president
Feb 28, 2024
turtz evan m
sold (taxes)
-627,979
283
-2,214
senior vice president
Feb 28, 2024
regnery david s
sold (taxes)
-4,452,580
283
-15,698
chair and ceo
Feb 28, 2024
simmons donald e.
acquired
-
-
6,714
group president, americas

1–10 of 50

Which funds bought or sold TT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 07, 2024
WATERSHED PRIVATE WEALTH LLC
new
-
316,711
316,711
 0.14%
May 07, 2024
Palisades Hudson Asset Management, L.P.
unchanged
-
80,000
428,000
 0.20%
May 07, 2024
Firestone Capital Management
unchanged
-
84,450
450,300
 0.12%
May 07, 2024
Cornerstone Planning Group LLC
added
5.26
1,752
6,386
 -%
May 07, 2024
FORSTA AP-FONDEN
added
22.49
8,258,210
24,526,300
 0.21%
May 07, 2024
Washington Trust Advisors, Inc.
added
26.00
107,350
302,470
 0.03%
May 07, 2024
Avalon Trust Co
unchanged
-
499,381
2,662,770
 0.22%
May 07, 2024
PFG Advisors
new
-
242,862
242,862
 0.02%
May 07, 2024
Asset Allocation Strategies LLC
unchanged
-
61,930
330,220
 0.12%
May 07, 2024
MEEDER ASSET MANAGEMENT INC
reduced
-2.47
602,730
3,610,500
 0.23%

1–10 of 47

Are Funds Buying or Selling TT?

Are funds buying TT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own TT
No. of Funds

TT Alerts

Unveiling Trane Technologies PLC's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
8.22%
18,712,060
SC 13G/A
Jan 25, 2024
blackrock inc.
8.7%
19,744,579
SC 13G/A
Jan 25, 2024
jpmorgan chase & co
7.5%
17,198,303
SC 13G/A
Jan 25, 2024
jpmorgan chase & co
7.5%
17,198,303
SC 13G/A
Feb 09, 2023
vanguard group inc
8.07%
18,594,004
SC 13G/A
Feb 08, 2023
blackrock inc.
8.5%
19,614,853
SC 13G/A
Jan 27, 2023
jpmorgan chase & co
8.0%
18,472,563
SC 13G/A
Feb 09, 2022
vanguard group inc
7.60%
18,055,927
SC 13G/A
Feb 03, 2022
blackrock inc.
8.3%
19,659,375
SC 13G/A
Jan 28, 2022
jpmorgan chase & co
7.4%
17,652,938
SC 13G

Recent SEC filings of Trane Technologies PLC

View All Filings
Date Filed Form Type Document
Apr 30, 2024
10-Q
Quarterly Report
Apr 30, 2024
8-K
Current Report
Apr 30, 2024
S-3ASR
S-3ASR
Apr 25, 2024
ARS
ARS
Apr 25, 2024
DEF 14A
DEF 14A
Apr 25, 2024
DEFA14A
DEFA14A
Mar 07, 2024
4
Insider Trading
Mar 07, 2024
4
Insider Trading
Mar 06, 2024
144
Notice of Insider Sale Intent
Mar 06, 2024
4
Insider Trading

Peers (Alternatives to Trane Technologies PLC)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
CARR
58.0B
23.0B
 11.22% 50.37%
43.19
2.52
 9.35% -48.07%
HUBB
21.3B
5.5B
 -4.69% 46.26%
29.31
3.88
 8.06% 32.52%
BLDR
20.0B
17.1B
 -18.47% 42.57%
13.61
1.17
 -18.27% -40.02%
CSL
19.4B
4.8B
 2.01% 93.81%
22.67
3.97
 -3.54% 3.11%
LECO
13.0B
-
 -7.02% 35.47%
23.86
3.13
 6.67% 16.79%
MID-CAP
AYI
8.1B
3.9B
 -1.97% 66.90%
21.41
2.1
 -6.35% -0.40%
AAON
6.3B
1.2B
 -17.10% 19.47%
35.2
5.44
 19.83% 50.95%
ATKR
5.7B
3.4B
 -12.97% 22.81%
9.29
1.7
 -11.52% -24.82%
AEIS
3.8B
1.6B
 2.62% 19.66%
29.66
2.44
 -16.80% -35.75%
PLUG
1.7B
891.3M
 -19.23% -68.52%
-1.26
1.93
 27.07% -89.06%
SMALL-CAP
APOG
1.5B
1.4B
 10.38% 67.18%
14.62
1.03
 -1.65% -4.32%
ACTG
519.5M
130.3M
 0.78% 32.99%
7.75
3.99
 54.06% 153.62%
ACCO
480.1M
1.8B
 -4.56% -2.33%
-19.68
0.27
 -6.26% -71.83%
FCEL
343.4M
103.0M
 -33.91% -67.52%
-3.76
3.33
 -24.12% 24.29%
APT
66.4M
61.2M
 -14.09% 45.84%
15.84
1.08
 -1.21% 27.64%

Trane Technologies PLC News

Latest updates
MarketWatch • 10 hours ago
Trane Technologies PLC stock rises Wednesday, outperforms market
FX Empire • 17 hours ago
Trane Technologies Shares Heating Up on Big Money Buys
Defense World • 20 hours ago
Great Valley Advisor Group Inc. Buys New Shares in Trane Technologies plc (NYSE:TT)
Yahoo Singapore News • 07 May 2024 • 12:25 am
Trane Technologies (TT) Hits Fresh High: Is There Still Room to Run?
MarketWatch • 06 May 2024 • 08:46 pm
Trane Technologies PLC stock rises Monday, outperforms market
Defense World • 06 May 2024 • 11:46 am
Victory Capital Management Inc. Raises Stock Position in Trane Technologies plc (NYSE:TT)
Yahoo Movies UK • 06 May 2024 • 07:09 am
Reasons to Retain Trane Technologies' (TT) Stock For Now
Defense World • 05 May 2024 • 04:21 pm
Trane Technologies (NYSE:TT) PT Raised to $300.00
Yahoo Canada Shine On • 05 May 2024 • 03:48 pm
Why Investors Should Retain Trane Technologies (TT) Stock Now
Zacks Investment Research • 01 May 2024 • 04:12 pm
Trane Technologies plc (TT) Hits Fresh High: Is There Still Room to Run?

Trane Technologies PLC Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-4.7%4,2164,4244,8834,7053,6664,0744,3724,1903,3563,5693,7203,8303,0183,1793,4963,1392,6413,1843,4713,6182,804
  S&GA Expenses5.4%826784794699687639693613601606621620600560568555588587568588578
EBITDA Margin2.3%0.18*0.18*0.18*0.17*0.17*0.17*0.17*0.16*0.16*0.16*0.16*0.17*---------
Interest Expenses1.2%58.0057.0058.0062.0058.0056.0056.0056.0056.0056.0058.0059.0061.0062.0062.0061.0063.0063.0064.0065.0051.00
Income Taxes7.5%10698.0015817073.0074.0010513761.0066.0097.0012348.0072.0090.0084.0051.0046.0081.0092.0020.00
Earnings Before Taxes-10.4%551615796766390522665653332395519592285323500362104260467505168
EBT Margin3.1%0.15*0.15*0.14*0.14*0.14*0.14*0.13*0.13*0.13*0.13*0.13*0.13*---------
Net Income-13.1%436502626591307435548515263314406469238241401242-25.90292459460204
Net Income Margin3.0%0.12*0.11*0.11*0.11*0.11*0.11*0.11*0.10*0.10*0.10*0.10*0.10*---------
Free Cashflow-171-839467-68.60701451353-263383367457216--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.3%19,34119,39218,90318,90717,89718,08217,74017,68117,63718,06018,20218,36917,82518,15717,93917,22417,63620,49220,30720,66819,781
  Current Assets0.3%6,8876,8706,7276,6756,0756,3796,2996,1256,0316,4716,9917,1256,6226,9066,9746,3456,5609,2946,1036,3527,085
    Cash Equivalents-100.0%-1,095---1,221---2,1592,7392,9122,8383,2903,1902,3672,6481,2798068511,882
  Inventory10.7%2,3832,1522,1922,3562,3441,9941,9491,8871,8721,5311,4831,3861,3731,1891,2291,3531,4641,2791,8911,9511,984
  Net PPE0.9%1,7881,7721,6841,6551,5821,5361,4321,4261,4221,3991,3371,3251,3281,3501,3141,3151,3261,3521,7791,7941,738
  Goodwill-0.6%6,0606,0955,7195,7485,5235,5045,3705,45743.005,5052045,3345,3115,3435,1445,0915,0825,1266,7136,8605,969
Liabilities0.4%12,43012,37512,20312,62911,84311,97611,87111,94211,62011,78711,71511,89711,51211,73011,55811,26411,84613,18013,02813,49512,858
  Current Liabilities0.8%6,1026,0545,2145,5934,8315,6875,5465,6304,5944,7524,3144,5134,1754,3394,1703,8294,2415,2394,7765,1804,489
  Long Term Debt0.0%3,9793,9784,4764,4774,4823,7883,7883,7874,4934,4924,4914,4904,4964,4974,4944,6184,6254,9234,922400350
    LT Debt, Non Current0.0%3,9793,9784,4764,4774,4823,7883,7883,7874,4934,4924,4914,4904,4964,4974,4944,6184,6254,9234,922400350
Shareholder's Equity-1.5%6,8906,9956,6826,2776,0546,1055,8685,7396,0176,2736,4886,3336,3136,4276,3815,8325,7907,3127,2797,1736,923
  Retained Earnings-0.3%9,1049,1348,9718,4458,2028,3218,3208,0048,0998,3538,6278,5668,4528,4958,4898,2228,1289,7319,7639,4979,298
  Additional Paid-In Capital----23.00---12.00--15.00---93.0047.0026.00--26.00-
Shares Outstanding-9.7%227252229229229253233234235-238240---------
Minority Interest-3.2%21.0022.0019.0018.0018.0017.0010.0016.0018.0017.0013.0015.0016.0019.0014.0023.0017.0045.0042.0042.0037.00
Float----43,600---30,000---43,700---21,200---30,500-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-73.6%2479359225249.00760510422-188427411491260627931205-327866659446-52.60
  Share Based Compensation90.4%20.0010.0013.0016.0024.0010.0011.0014.0021.0014.0013.0015.0025.0012.0012.0017.0029.0012.0013.0012.0030.00
Cashflow From Investing81.3%-81.70-436-89.10-556-91.00-214-67.10-175-83.30-336-46.70-48.40-113-237-30.00-68.30-40.50-66.00-126-1,510-76.40
Cashflow From Financing2.9%-386-398-51523.00-459-439-411-467-534-662-527-382-554-346-103-4341,769-344-54429.001,130
  Dividend Payments11.0%190171172171170153156155156139140141140127127127126127124132128
  Buy Backs43.3%300210160-300300250300350500246250104250---250250-250
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

TT Income Statement

2024-03-31
Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net revenues$ 4,215.5$ 3,665.8
Cost of goods sold(2,755.6)(2,522.3)
Selling and administrative expenses(826.1)(686.7)
Operating income633.8456.8
Interest expense(58.1)(57.6)
Other income/(expense), net(25.0)(9.4)
Earnings before income taxes550.7389.8
Provision for income taxes(105.5)(73.2)
Earnings from continuing operations445.2316.6
Discontinued operations, net of tax(5.4)(5.5)
Net earnings439.8311.1
Less: Net earnings from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest(3.5)(4.0)
Net earnings attributable to Trane Technologies plc436.3307.1
Amounts attributable to Trane Technologies plc ordinary shareholders:  
Continuing operations441.7312.6
Discontinued operations(5.4)(5.5)
Net earnings attributable to Trane Technologies plc$ 436.3$ 307.1
Basic:  
Continuing operations$ 1.94$ 1.36
Discontinued operations(0.02)(0.02)
Net earnings1.921.34
Diluted:  
Continuing operations1.921.35
Discontinued operations(0.02)(0.02)
Net earnings$ 1.90$ 1.33
Weighted-average shares outstanding  
Basic227.4229.3
Diluted229.5231.5

TT Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
ASSETS  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations$ 849.9$ 1,095.3
Accounts and notes receivable, net2,939.82,956.8
Inventories2,382.72,152.1
Other current assets714.8665.7
Total current assets6,887.26,869.9
Property, plant and equipment, net1,788.31,772.2
Goodwill6,059.76,095.3
Intangible assets, net3,390.93,439.8
Other noncurrent assets1,215.11,214.7
Total assets19,341.219,391.9
LIABILITIES AND EQUITY  
Accounts payable2,008.32,025.2
Accrued compensation and benefits432.7591.7
Accrued expenses and other current liabilities2,758.82,634.7
Short-term borrowings and current maturities of long-term debt902.1801.9
Total current liabilities6,101.96,053.5
Long-term debt3,978.73,977.9
Postemployment and other benefit liabilities602.2596.9
Deferred and noncurrent income taxes677.9703.7
Other noncurrent liabilities1,069.71,042.9
Total liabilities12,430.412,374.9
Equity:  
Ordinary shares251.2251.7
Treasury Stock, Value(1,719.4)(1,719.4)
Retained earnings9,104.29,133.7
Accumulated other comprehensive income (loss)(746.3)(670.8)
Total Trane Technologies plc shareholders’ equity6,889.76,995.2
Noncontrolling interests21.121.8
Total equity6,910.87,017.0
Total liabilities and equity$ 19,341.2$ 19,391.9

About Trane Technologies PLC

TT
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.
 CEO
 WEBSITEtranetechnologies.com
 INDUSTRYCommunication Equipment
 EMPLOYEES39000

Trane Technologies PLC Frequently Asked Questions

What is the ticker symbol for Trane Technologies PLC? What does TT stand for in stocks?

TT is the stock ticker symbol of Trane Technologies PLC. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Trane Technologies PLC (TT)?

As of Wed May 08 2024, market cap of Trane Technologies PLC is 74.13 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TT stock?

You can check TT's fair value in chart for subscribers.

What is the fair value of TT stock?

You can check TT's fair value in chart for subscribers. The fair value of Trane Technologies PLC is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Trane Technologies PLC is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Trane Technologies PLC a good stock to buy?

The fair value guage provides a quick view whether TT is over valued or under valued. Whether Trane Technologies PLC is cheap or expensive depends on the assumptions which impact Trane Technologies PLC's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TT.

What is Trane Technologies PLC's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, TT's PE ratio (Price to Earnings) is 34.39 and Price to Sales (PS) ratio is 4.07. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Trane Technologies PLC's stock?

In the past 10 years, Trane Technologies PLC has provided 0.238 (multiply by 100 for percentage) rate of return.