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NYSE: TT
Trane Technologies PLC Stock

$293.09-2.54 (-0.86%)
Updated Apr 17, 2024
TT Price
$293.09
Fair Value Price
N/A
Market Cap
$66.55B
52 Week Low
$162.04
52 Week High
$306.98
P/E
33.12x
P/B
9.51x
P/S
3.14x
PEG
N/A
Dividend Yield
1.05%
Revenue
$17.68B
Earnings
$2.02B
Gross Margin
33.1%
Operating Margin
15.59%
Profit Margin
11.4%
Debt to Equity
1.77
Operating Cash Flow
$2B
Beta
0.93
Next Earnings
Apr 30, 2024
Ex-Dividend
Jun 7, 2024
Next Dividend
Jun 28, 2024

TT Overview

Trane Technologies plc provides climate control solutions for buildings, homes, and transportation. It offers offers air conditioners, exchangers, and handlers; airside and terminal devices; auxiliary power units; chillers; coils and condensers; gensets; furnaces; heat pumps; home automation products; humidifiers; hybrid and non-diesel transport refrigeration, and ice energy storage solutions; indoor air quality; industrial refrigeration products; large and light commercial unitary products;motor replacements; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. It also provides building management, control, ductless, geothermal, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, cryogenic, diesel-powered, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration 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. Trane Technologies plc markets and sells its products under the American Standard, Nexia, Thermo King, and Trane brands through sales offices, distributors, and dealers in the United States; and through sales and service companies with a supporting chain of distributors worldwide. 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.

Zen Score

Industry Average (37)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how TT scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

TT is forecast by analysts to be unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
TT is good value based on its earnings relative to its share price (33.12x), compared to the US market average (41.64x)
P/E vs Market Valuation
TT is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more TT due diligence checks available for Premium users.

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TT News

Valuation

TT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
33.12x
Industry
26.64x
Market
41.64x
TT is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
TT is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

TT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
9.51x
Industry
5.22x
TT is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

TT's financial health

Profit margin

Revenue
$4.4B
Net Income
$504.3M
Profit Margin
11.4%
TT's Earnings (EBIT) of $2.76B... subscribe to Premium to read more.
Interest Coverage Financials
TT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$19.4B
Liabilities
$12.4B
Debt to equity
1.77
TT's short-term assets ($6.87B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
TT's short-term assets ($6.87B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
TT's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
TT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$934.8M
Investing
-$436.1M
Financing
-$398.2M
TT's operating cash flow ($2.39B)... subscribe to Premium to read more.
Debt Coverage Financials

TT vs Building Product & Equipment Stocks

TickerMarket Cap1d %P/EP/B
TT$66.55B-0.86%33.12x9.51x
CARR$48.74B-0.93%33.70x5.62x
JCI$43.40B-0.84%20.68x2.60x
BLDR$21.87B-1.53%14.87x4.62x
CSL$17.61B-1.44%24.03x6.23x

Trane Technologies Stock FAQ

What is Trane Technologies's quote symbol?

(NYSE: TT) Trane Technologies trades on the NYSE under the ticker symbol TT. Trane Technologies stock quotes can also be displayed as NYSE: TT.

If you're new to stock investing, here's how to buy Trane Technologies stock.

What is the 52 week high and low for Trane Technologies (NYSE: TT)?

(NYSE: TT) Trane Technologies's 52-week high was $306.98, and its 52-week low was $162.04. It is currently -4.52% from its 52-week high and 80.88% from its 52-week low.

How much is Trane Technologies stock worth today?

(NYSE: TT) Trane Technologies currently has 227,072,224 outstanding shares. With Trane Technologies stock trading at $293.09 per share, the total value of Trane Technologies stock (market capitalization) is $66.55B.

Trane Technologies stock was originally listed at a price of $20.25 in Dec 31, 1997. If you had invested in Trane Technologies stock at $20.25, your return over the last 26 years would have been 1,347.36%, for an annualized return of 10.82% (not including any dividends or dividend reinvestments).

How much is Trane Technologies's stock price per share?

(NYSE: TT) Trane Technologies stock price per share is $293.09 today (as of Apr 17, 2024).

What is Trane Technologies's Market Cap?

(NYSE: TT) Trane Technologies's market cap is $66.55B, as of Apr 19, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Trane Technologies's market cap is calculated by multiplying TT's current stock price of $293.09 by TT's total outstanding shares of 227,072,224.
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