Americas was Trane Technologies’s largest region in fiscal 2025, bringing in $17.17B of $21.32B (81%).
| Geography | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Americas | $12.64B | $13.83B | $15.90B | $17.17B | ||||||||||
| Unitedstates | — | — | — | — | ||||||||||
| Non-U.S | — | — | — | — | ||||||||||
| Emea | $2.03B | $2.40B | $2.56B | $2.80B | ||||||||||
| Asia Pacific | $1.32B | $1.44B | $1.38B | $1.35B | ||||||||||
| Total | $15.99B | $17.68B | $19.84B | $21.32B |
Trane Technologies brought in $21.32B from its three regions in fiscal 2025, the year ended December 31, 2025. That was up 7.5% from $19.84B in fiscal 2024. Americas was the largest at $17.17B (80.5%), ahead of Emea at $2.80B (13.1%) and Asia Pacific at $1.35B (6.3%).
Compared with fiscal 2024, Emea grew fastest, up 9.6% to $2.80B, while Asia Pacific fell the most, down 2.0% to $1.35B. From fiscal 2022 to 2025, combined revenue from these regions grew from $15.99B to $21.32B, a compound annual growth rate of 10.1%. Americas' share of the total rose from 79.0% to 80.5%.
Product was Trane Technologies’s largest product and service line in fiscal 2025, bringing in $13.98B of $21.32B (66%).
| Product and Service | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Product | $10.93B | $11.98B | $13.31B | $13.98B | ||||
| Equipment Sales | — | — | — | — | ||||
| Service | $5.06B | $5.70B | $6.52B | $7.34B | ||||
| Services & Parts | — | — | — | — | ||||
| Total | $15.99B | $17.68B | $19.84B | $21.32B |
Trane Technologies brought in $21.32B from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 7.5% from $19.84B in fiscal 2024. Product was the largest at $13.98B (65.6%), ahead of Service at $7.34B (34.4%).
Compared with fiscal 2024, Service grew 12.5% to $7.34B and Product grew 5.0% to $13.98B. From fiscal 2022 to 2025, combined revenue from these lines grew from $15.99B to $21.32B, a compound annual growth rate of 10.1%. Product's share of the total fell from 68.4% to 65.6%.
Climate was Trane Technologies’s largest segment in fiscal 2017, bringing in $11.17B of $14.20B (79%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Climate | — | — | $10.55B | $11.17B | |||||
| Climate Solutions | — | — | — | — | |||||
| Unitedstates | — | — | — | — | |||||
| Commercial Hvac | $6.05B | $6.23B | — | — | |||||
| Non-U.S | — | — | — | — | |||||
| Industrial | — | — | $2.96B | $3.03B | |||||
| Industrial Technologies | — | — | — | — | |||||
| Residential Solutions | — | — | — | — | |||||
| Transport Refrigeration | $2.09B | $2.15B | — | — | |||||
| Compressed Air Systems & Services | $1.81B | $1.93B | — | — | |||||
| Residential Hvac | $1.74B | $1.84B | — | — | |||||
| Security Technologies | — | — | — | — | |||||
| All Other | $1.20B | $1.14B | — | — | |||||
| Total | $12.89B | $13.30B | $13.51B | $14.20B |
Trane Technologies brought in $14.20B from its two segments in fiscal 2017, the year ended December 31, 2017. That was up 5.1% from $13.51B in fiscal 2016. Climate was the largest at $11.17B (78.7%), ahead of Industrial at $3.03B (21.3%).
Compared with fiscal 2016, Climate grew 5.9% to $11.17B and Industrial grew 2.2% to $3.03B.
Trane Technologies began breaking out Climate in fiscal 2016 and Industrial in fiscal 2016. Trane Technologies stopped reporting Commercial Hvac ($6.23B in fiscal 2015), Transport Refrigeration ($2.15B in fiscal 2015), Compressed Air Systems & Services ($1.93B in fiscal 2015) and two others as separate segments.
Trane Technologies (TT) reports its revenue by geography, by product and service and by segment. In fiscal 2025, Americas was its largest region, bringing in $17.17B (80.5% of the total), followed by Emea at $2.80B (13.1%).
Americas was Trane Technologies' largest region in fiscal 2025, bringing in $17.17B, or 80.5% of the $21.32B total across its three regions.
Product was Trane Technologies' largest product and service line in fiscal 2025, bringing in $13.98B, or 65.6% of the $21.32B total across its two product and service lines.
Climate was Trane Technologies' largest segment in fiscal 2017, bringing in $11.17B, or 78.7% of the $14.20B total across its two segments.
Among Trane Technologies' regions that make up at least 2% of revenue, Emea grew fastest in fiscal 2025, up 9.6% from $2.56B to $2.80B.
Every figure comes from Trane Technologies' annual financial filings, as reported. Each line keeps the name Trane Technologies gives it, and years follow its fiscal calendar.
Trane Technologies' revenue by geography goes back to fiscal 2012, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.