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Trane Technologies plc

Industrials US TT

299.37USD
2.88(0.97%)

Last update at 2024-04-25T20:10:00Z

Day Range

291.37301.42
LowHigh

52 Week Range

160.91244.78
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 2172.10M 1790.70M 1288.20M 1741.60M 1660.30M
Minority interest -18.20000M -13.20000M 19.40M 44.80M 42.10M
Net income 1756.50M 1423.40M 854.90M 1410.90M 1337.60M
Selling general administrative 2545.90M 2446.30M 2270.60M 6241.40M 5785.10M
Selling and marketing expenses - - 2270.00M 3129.00M 2903.00M
Gross profit 4964.80M 4469.60M 3803.40M 5147.40M 4820.60M
Reconciled depreciation 323.60M 299.40M 294.30M 397.40M 361.50M
Ebit 2418.90M 2023.30M 1532.80M 2017.60M 1881.00M
Ebitda 2719.20M 2323.80M 1831.20M 2382.00M 2242.50M
Depreciation and amortization 300.30M 300.50M 298.40M 364.40M 361.50M
Non operating income net other - - - - -
Operating income 2418.90M 2023.30M 1532.80M 2017.60M 1917.40M
Other operating expenses 13572.80M 12113.10M 10921.90M 14581.30M 13750.80M
Interest expense 223.50M 233.70M 248.70M 243.00M 220.70M
Tax provision 375.90M 333.50M 296.80M 353.70M 290.30M
Interest income 223.50M 233.70M 268.40M 258.60M 261.50M
Net interest income -223.50000M -233.70000M -248.70000M -239.90000M -214.30000M
Extraordinary items -21.50000M -20.60000M -122.30000M 40.60M -12.50000M
Non recurring - - - - -
Other items - - - - -
Income tax expense 375.90M 333.50M 296.80M 353.70M 281.30M
Total revenue 15991.70M 14136.40M 12454.70M 16598.90M 15668.20M
Total operating expenses 2545.90M 2446.30M 2270.60M 3129.80M 2903.20M
Cost of revenue 11026.90M 9666.80M 8651.30M 11451.50M 10847.60M
Total other income expense net -246.80000M -232.60000M -244.60000M -276.00000M -36.40000M
Discontinued operations -21.50000M -20.60000M -122.30000M 265.80M 329.80M
Net income from continuing ops 1796.20M 1457.20M 991.40M 1387.90M 1379.00M
Net income applicable to common shares 1756.50M 1423.40M 854.90M 1410.90M 1337.60M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 18081.60M 18059.80M 18156.70M 20492.30M 17914.90M
Intangible assets 3264.00M 3305.60M 3286.40M 4148.80M 3634.70M
Earning assets - - - - -
Other current assets 384.80M 351.50M 224.40M 403.30M 471.60M
Total liab 11976.40M 11786.70M 11729.60M 13179.90M 10850.10M
Total stockholder equity 6105.20M 6273.10M 6427.10M 7312.40M 7064.80M
Deferred long term liab - - - - -
Other current liab 2547.20M 2344.70M 2043.10M 2402.20M 2259.80M
Common stock 253.30M 259.70M 263.30M 262.80M 266.40M
Capital stock 253.30M 259.70M 263.30M 262.80M 266.40M
Retained earnings 8320.90M 8353.20M 8495.30M 9730.80M 9439.80M
Other liab 2187.80M 2812.60M 2617.70M 2688.50M 2793.70M
Good will 5503.70M 5504.80M 5342.80M 6783.10M 5959.50M
Other assets 1398.60M 1379.70M 1274.00M 927.80M 857.90M
Cash 1220.50M 2159.20M 3289.90M 1303.60M 903.40M
Cash and equivalents 1220.50M 2159.20M 3289.90M 1278.60M 903.40M
Total current liabilities 5686.80M 4482.40M 4338.90M 4861.90M 4315.70M
Current deferred revenue - - 578.00M 682.00M 538.00M
Net debt 3615.80M 2682.90M 1982.20M 4269.80M 3187.90M
Short term debt 1048.00M 350.40M 775.60M 650.50M 350.60M
Short long term debt 1048.00M 350.40M 775.60M 650.50M 350.60M
Short long term debt total 4836.30M 4842.10M 5272.10M 5573.40M 4091.30M
Other stockholder equity -1702.80000M -1702.20000M -1700.00000M -1674.60000M -1719.40000M
Property plant equipment 1536.10M 1398.80M 1758.50M 1821.40M 1730.80M
Total current assets 6379.20M 6470.90M 6905.60M 6217.20M 5732.00M
Long term investments - - - - -
Net tangible assets -2679.10000M -2537.30000M -2221.50000M -1181.70000M -2571.50000M
Short term investments - - - - -
Net receivables 2780.10M 2429.40M 2202.10M 2798.10M 2679.20M
Long term debt 3788.30M 4491.70M 4496.50M 4922.90M 3740.70M
Inventory 1993.80M 1530.80M 1189.20M 1712.20M 1677.80M
Accounts payable 2091.60M 1787.30M 1520.20M 1809.20M 1705.30M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -766.20000M -637.60000M -631.50000M -1006.60000M -964.10000M
Additional paid in capital - - - - -
Common stock total equity - - - 262.80M 266.40M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - -1719.40000M -1719.40000M -1719.40000M -1719.40000M
Accumulated amortization - - - - -
Non currrent assets other 718.50M 1379.70M 1272.40M 1537.00M 857.90M
Deferred long term asset charges - - - - -
Non current assets total 11702.40M 11588.90M 11251.10M 14275.10M 12182.90M
Capital lease obligations - - - - -
Long term debt total 3788.30M 4491.70M 4496.50M 4922.90M 3740.70M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -540.40000M -545.70000M -376.20000M -1780.00000M -629.40000M
Change to liabilities 317.90M 275.30M 75.80M 93.20M 99.60M
Total cashflows from investing activities -540.40000M -545.70000M -376.20000M -1780.00000M -629.40000M
Net borrowings -9.60000M -432.50000M -307.50000M 1490.40M 17.60M
Total cash from financing activities -1852.20000M -2127.60000M 884.30M 270.50M -1378.80000M
Change to operating activities -55.90000M -162.20000M 153.00M -89.60000M -71.70000M
Net income 1796.20M 1457.20M 991.40M 1387.90M 1379.00M
Change in cash -938.70000M -1130.70000M 2011.30M 400.20M -646.00000M
Begin period cash flow 2159.20M 3289.90M 1278.60M 903.40M 1549.40M
End period cash flow 1220.50M 2159.20M 3289.90M 1303.60M 903.40M
Total cash from operating activities 1504.00M 1588.30M 1435.00M 1919.50M 1407.80M
Issuance of capital stock - - - - -
Depreciation 323.60M 299.40M 294.30M 397.40M 361.50M
Other cashflows from investing activities -248.60000M -53.50000M -36.50000M -1493.40000M -68.70000M
Dividends paid -620.20000M -561.10000M -507.30000M -510.10000M 479.50M
Change to inventory -466.70000M -348.80000M 109.00M 18.40M -169.90000M
Change to account receivables -345.40000M -265.00000M 5.00M -53.00000M -78.50000M
Sale purchase of stock -1200.20000M -1100.30000M -250.00000M -750.10000M -900.20000M
Other cashflows from financing activities -22.20000M -33.70000M 1949.10M 40.30M -16.70000M
Change to netincome -26.00000M 27.70M -57.90000M 290.10M 160.40M
Capital expenditures 291.80M 223.00M 146.20M 254.10M 365.60M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -421.10000M -162.20000M 480.50M 171.00M -266.00000M
Stock based compensation 56.30M 66.50M 69.50M 66.40M -
Other non cash items -251.00000M -15.80000M 119.90M 13.40M -66.70000M
Free cash flow 1212.20M 1365.30M 1288.80M 1665.40M 1042.20M

Fundamentals

  • Previous Close 296.49
  • Market Cap55159.81M
  • Volume1384730
  • P/E Ratio28.25
  • Dividend Yield1.24%
  • EBITDA3032.90M
  • Revenue TTM17327.30M
  • Revenue Per Share TTM75.62
  • Gross Profit TTM 4964.80M
  • Diluted EPS TTM8.58

Peer Comparison

Sector: Industrials Industry: Building Products & Equipment

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
TT
Trane Technologies plc
2.88 0.97% 299.37 28.25 23.87 3.13 8.12 3.36 19.06
CARR
Carrier Global Corp
5.04 9.20% 59.81 40.50 18.90 2.14 5.74 2.37 18.97
DKILY
Daikin Industries Ltd ADR
0.18 1.39% 13.09 25.89 21.01 0.01 2.60 0.01 0.08
DKILF
Daikin IndustriesLtd
0.91 0.71% 129.16 24.94 21.60 0.01 2.67 0.01 0.08
JCI
Johnson Controls International PLC
-0.16 0.25% 64.45 21.09 14.99 1.39 2.25 1.69 15.93

Reports Covered

Stock Research & News

Profile

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.

Trane Technologies plc

170/175 Lakeview Drive, Swords, Ireland

Key Executives

Name Title Year Born
Mr. David S. Regnery Chairman & CEO 1963
Mr. Christopher J. Kuehn Exec. VP & CFO 1973
Mr. Paul A. Camuti Exec. VP, Chief Technology & Sustainability Officer and Member of Advisory Council 1962
Dr. Marcia J. Avedon Exec. VP 1962
Mr. Evan M. Turtz Sr. VP, Gen. Counsel & Sec. 1969
Mr. Keith A. Sultana Sr. VP of Supply Chain & Operational Services 1970
Mr. Mark Majocha VP, Chief Accounting Officer & Principal Accounting Officer 1972
Mr. M. Stephen Hagood Sr. VP & Chief Information Officer NA
Mr. Zachary A. Nagle VP of Investor Relations NA
Ms. Carrie Amendum Ruddy Sr. VP, Chief Communications & Marketing Officer NA

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