Trane Technologies TT

NYSE TT
$464.69 +5.80 (+1.26%)
As of: Oct 19, 2026 · 3:59 PM EDT

Trane Technologies (TT) stock price is $464.69, up 1.26% on the day, as of Oct 19, 2026. It has a market cap of $102.75Bn and a P/E ratio of 34.84, and is classified in the HVAC industry (Industrials sector).

Key Stats
Market Cap102.75 Bn
P/E34.84
P/S4.63
Div. Yield0.01
Total Debt (Qtr)4.62 Bn
Revenue Growth (1y) (Qtr)10.56
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About

Trane Technologies plc is a public limited company incorporated in Ireland in 2009 and operates as a global climate innovator. The company delivers sustainable and efficient solutions for buildings, homes and transportation through its well known Trane and Thermo King brands. Its portfolio includes heating ventilation and air conditioning systems, transport refrigeration units and custom refrigeration solutions supported by intelligent controls and service offerings. Trane…

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Sector: Industrials Sector rationale The company designs and manufactures capital equipment, specifically HVAC systems and transport refrigeration units (Thermo King), which fall under the HVAC and Industrial Machinery industries within the Industrials sector. Its revenue model is based on the sale of these physical products, installation contracting, and long-term maintenance and repair services for commercial and industrial customers. Industries: HVAC HVAC Primary Trane Technologies is a leading manufacturer of heating, ventilation, and air conditioning (HVAC) systems for buildings and homes. Its revenue is primarily generated from the design, manufacture, sale, and service of these climate-control systems, as well as installation contracting and maintenance contracts. Pumps and Valves Pumps and Valves Secondary The company manufactures and sells transport refrigeration units and custom refrigeration solutions through its Thermo King brand, which falls under fluid-handling and flow-control equipment for process and transport industries. Equipment Rental Equipment Rental Secondary The company explicitly generates revenue from the rental of equipment and optional rental arrangements to strengthen its cash flow predictability. Classified using BQ-MICS CIK: 0001466258

Geographical Breakdown of Revenue (2025)

History

Product Or Service Breakdown of Revenue (2025)

History
Peer percentiles

How Trane Technologies ranks

Ranked against the 60 companies in Construction Products58 metrics · as of Oct 16, 2026

Valuation

12 metrics · Lower multiples rank higher; a negative multiple ranks last
  • P/E 34.3xMedian 19.4x 43rd
  • P/FCF 28.1xMedian 15.5x 40th
  • P/Operating cash flow 25.7xMedian 12.5x 22nd
  • P/S 4.53xMedian 1.48x 6th
  • P/B 11.6xMedian 2.90x 8th
  • P/Tangible book 19.6xMedian 4.10x 8th
  • EV/EBITDA 23.8xMedian 12.0x 26th
  • EV/EBIT 26.1xMedian 16.6x 42nd
  • EV/Revenue 4.68xMedian 1.86x 8th
  • EV/FCF 29.0xMedian 17.9x 35th
  • EV/Operating cash flow 26.6xMedian 13.5x 26th
  • PEG (3Y EPS CAGR) 1.96Median 1.00 35th
Peer group

Peer Comparison

Companies in the HVAC
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S.No. Ticker Company Market CapP/EP/STotal Debt (Qtr)
1 TT Trane Technologies plc 102.75 Bn34.844.634.62 Bn
2 JCI Johnson Controls International plc 90.01 Bn25.153.609.48 Bn
3 FIX Comfort Systems Usa Inc 51.61 Bn35.9813.040.05 Bn
4 CARR CARRIER GLOBAL Corp 45.80 Bn37.542.0711.95 Bn
5 OTIS Otis Worldwide Corp 27.26 Bn17.981.838.44 Bn
6 JHX James Hardie Industries plc 14.86 Bn101.992.754.28 Bn
7 MAS Masco Corp /De/ 14.53 Bn16.411.913.25 Bn
8 ALLE Allegion plc 13.32 Bn20.223.112.03 Bn