# Trane Technologies (TT) — Overview

TT · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/tt

## Price

Last close $477.55 on Oct 12, 2026. 52-week range $376.43 – $503.46.

## Company profile

Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for approximately 80% of its revenue, with 13% from EMEA and 7% Asia-Pacific. The company was formed in 2020 when its former parent, Ingersoll Rand, merged with Gardner Denver in a tax-advantaged reverse Morris trust transaction.

## Financials

| Metric | Value |
| --- | --- |
| Revenue (trailing twelve months) | $22.2B |
| Revenue (quarter) | $6.4B |
| Revenue growth (year over year) | 10.56% |
| Gross profit (trailing twelve months) | $7.9B |
| Gross margin | 35.39% |
| Net income (trailing twelve months) | $3.0B |
| Net income (quarter) | $935.3M |
| Net income growth (year over year) | 6.42% |
| Net margin | 13.38% |
| Return on equity | 35.84% |
| EPS (trailing twelve months) | $13.30 |
| Book value per share | $39.14 |
| P/E (trailing twelve months) | 35.6 |
| Price to book | 12.2 |
| Debt to assets | 63.87% |
| Payout ratio | 28.71% |
| Dividend yield | 0.86% |

## Frequently Asked Questions

### Is Trane Technologies (TT) profitable?

Yes. Trane Technologies earned $3.0B in net income over the trailing twelve months, a net margin of 13.38%.

### How much revenue does Trane Technologies (TT) make?

Trane Technologies generated $22.2B in revenue over the trailing twelve months, up 10.56% year over year.

### What is TT's P/E ratio?

Trane Technologies trades at 35.6 times trailing twelve-month earnings, on an EPS of $13.30.

### How do I buy stock in Trane Technologies (TT)?

TT trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Data provided by [AInvest](https://www.ainvest.com).
