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TT · Trane Technologies plc

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$409.86 -7.58 (-1.82%)
Market Cap
$89.86B
Shares
218.90M
Volume · Nov 4 2.35M Avg daily vol (3M) 1.21M

Price & Indicators

Drag to pan · scroll to zoom
20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$410.48 Open$419.00 Day$401.04–421.48 52W close$376.43–503.46 Avg vol 30d1.5M Short int3.5M · 1.6% of shares · 2.7d Short vol40% Last earningsOct 29, 2026 DataJan 2020–Nov 2026 Filing10-Q · Oct 29

Up next

Jan 28, 2027 Est · unconfirmed · in 12 wks

Latest documents

2026
Oct 29
Earnings call
Q3 2026 earnings call

Train Technologies reported Q3 organic bookings growth of 20%, organic revenue growth of 16%, and adjusted EPS growth of 25%; it raised full-year organic revenue growth guidance to approximately 11% and expects more than $3.4 billion in 2026 capital deployment.

Oct 29
Quarterly report 10-Q FY2026 Q3, ended Sep 30
Quarterly report for FY2026 Q3

Trane Technologies plc reported three months ended September 30, 2026 net revenues of 6,759.7 million, up 17.7%, and net earnings of 1,054.0 million. It also announced an intent to acquire Cancoil Thermal Corporation, expected to close no later than first quarter 2027.

Revenue $6.76B ▲ 17.7% Net income $1.05B ▲ 23.7% Diluted EPS $4.74 ▲ 25.4%
Read from the MD&A section
Oct 29
Current report 8-K
Financial results

Trane Technologies plc reported third-quarter 2026 revenue of $6.8 billion, up 18 percent, adjusted continuing EPS of $4.86, up 25 percent, and backlog of $12.5 billion, up 73 percent. It raised full-year 2026 revenue guidance and reaffirmed EPS guidance.

All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$23.23B
Trailing 12 months
Net income (TTM)
$3.14B
Trailing 12 months
Revenue growth YoY
+17.7%
Year over year
Operating margin
17.9%
Trailing 12 months
P / E (TTM)
29.5
Trailing earnings · reciprocal yield 3.4%
FCF yield
4.2%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$2.85B
Latest balance sheet
Dividend yield
1.0%
Trailing 12 months
Shares change YoY
-1.3%
Year over year · fewer shares
Price change (1Y)
-6.5%
Trailing year
Short interest
1.6%
Latest settlement · 2.7 days to cover
View all 122 metrics

Equibles Rating

blended score · not investment advice
Overall
Neutral
SellHoldBuy
Technical Sell Momentum Weak Sentiment Neutral Fundamentals Strong Quant / Vol Moderate
Market backdrop VIX 20.8 · elevated Equity put/call 0.60
Technical
price trend
Sell
50 / 200-day cross No cross
Price vs 200-day avg −10%
below
Price vs 50-day avg −8%
below
RSI (14) 33
neutral
MACD trend Negative
52-week position 27%
mid-range
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Weak
1-month return −12%
trailing
6-month return −15%
trailing
YTD return +5%
this year
Relative strength −17%
vs S&P · 6-mo
Sentiment
smart money
Neutral
Trend (MA cross) No cross
50d $448 › 200d $455 — 200d above 50d
Institutional flow Distributing
873 of 1,841 funds reported for Sep 30 · net -438.0K sh shares · +47 new
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
1.61% of shares out · ▼ -6.5% MoM · 2.7 days cover
Volume signal Reversal watch
High volume on a down day — possible exhaustion
Institution breadth Multi-yr high
1,841 holders — near 3-yr high, broad support
Squeeze score 43
elevated · 0–100
Fundamentals
Strong
Revenue growth +6%
Y/Y
EPS growth +15%
Y/Y
Free cash flow $2.8B
Valuation P/E 29
rich
Buyback $3.4B
remaining
Balance sheet $2.9B
net debt
Quant / Vol
risk profile
Moderate
Volatility 29%
annualized · 1-yr
Max drawdown −19%
past year
ATR 3.8%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Beat or met 4 of last 5
Latest guidance · from the 8-K filed Oct 29, 2026
full-year 2026
Reported revenue growth 13.5%
Organic revenue growth Raised 11%
Jul 30, 2026 9% changed to Oct 29, 2026 11%
GAAP continuing EPS $15.00 – $15.10
prior FY $12.98 midpoint +15.9% Y/Y
full- year 2026
Adjusted continuing EPS $15.20 – $15.30
Previous outlook earlier release · from the Earnings Call filed Jul 30, 2026

Still-open targets the latest release did not restate under the same label.

Adjusted EPS · full year 2026 $15.20 – $15.30
Capex as percent of revenue · 2026 2% – 3%
Target deployment · for the year $2.8B – $3.3B
CapEx · for the year 2% – 3%
Stellar revenue · this year $500M
Prior guidance period ended · from the Earnings Call filed Jul 30, 2026
Adjusted EPS · third quarter $4.70
Guided vs delivered · last 5 settled
GAAP continuing EPS full-year 2025
guided $13.15 – $13.25
$12.98 Miss −1.7%
GAAP continuing EPS full-year 2024
guided $10.30 – $10.40
$11.24 Beat +8.6%
GAAP continuing EPS full-year 2023
guided $8.75
$8.77 Beat +0.2%
GAAP continuing EPS full-year 2022
guided $7.24 – $7.29
$7.48 Beat +3.0%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Sell
3 · 4 · 0
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
−10% Bearish
Price vs 50-day avg
−8% Bearish
RSI (14)
33 Neutral
MACD trend
Negative Bearish
52-week position
27% Neutral
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross) No cross
50d $448 › 200d $455 — 200d above 50d
Institutional flow Distributing
873 of 1,841 funds reported for Sep 30 · net -438.0K sh shares · +47 new
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
1.61% of shares out · ▼ -6.5% MoM · 2.7 days cover
Volume signal Reversal watch
High volume on a down day — possible exhaustion
Institution breadth Multi-yr high
1,841 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $376 Now $410 · 27% Range high $503
vs 200-day avg -10% vs 50-day avg -8%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
Adjusted Continuing EPS non-GAAP $4.31 Q2 2026 —
Adjusted EBITDA non-GAAP $1.34B Q2 2026 —
Adjusted EBITDA Margin non-GAAP 21.1% Q2 2026 —
Adjusted Operating Income non-GAAP $1.25B Q2 2026 —
GAAP → non-GAAP reconciliation
GAAP Operating income 1.22B
+28.4M Adjustments (a,b,c)
= Adjusted Operating Income 1.25B
Adjusted Operating Margin non-GAAP 19.7% Q2 2026 —
Americas Book-to-bill 124% Q2 2026 —
Asia Pacific Book-to-bill 131% Q2 2026 —
Backlog $12.1B Q2 2026 —
Book-to-bill 123% Q2 2026 —
Days Payable Outstanding 66.3 June 30, 2026 —
Days Sales Outstanding 60.8 June 30, 2026 —
EMEA Book-to-bill 108% Q2 2026 —
Free cash flow non-GAAP $1.6B Six months ended June 30, 2026 —
Inventory Turns 6.3 June 30, 2026 —
Organic bookings non-GAAP 37% Q2 2026 —
Segment Adjusted EBITDA margin non-GAAP 23.5% the three months ended June 30, 2026 filing —
Total Segment Adjusted EBITDA non-GAAP $1.42B the three months ended June 30, 2026 filing —
Total Segment Adjusted EBITDA as a percentage of net revenues non-GAAP 22.4% the three months ended June 30, 2026 filing —
Working Capital/Revenue non-GAAP 0.9% Q2 2026 —

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Building Products & Equipment — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
TT
Trane Technologies plc
this stock
$89.86B +5.5% +5.6% 29.0 1.6%
JCI
Johnson Controls International plc
$91.46B +17.4% -4.2% 26.4 1.5%
CARR
CARRIER GLOBAL Corp
$45.30B +5.3% -3.3% — 2.2%
CODGF
Compagnie De Saint Gobain
$36.97B -24.1% — — 0.2%
DKILF
Daikin Industries Ltd
$36.25B +3.8% — — 0.3%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Reducing
Holders
1,831
% held
88.2%
Reported
873 of 1,841
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
371
View
Short & Settlement
Short Interest Falling
Shares short
3.5M
Days to cover
2.7d
Change
-247.0K sh
View
Short Volume
Short vol %
40%
As of
Nov 4, 2026
Short Total
View
Fails to Deliver
FTD shares
10
Value
$4.5K
As of
Sep 28, 2026
View
Off-Exchange
Off-exchange %
44.5%
Week of
Sep 28, 2026
Off-exch Lit
View
Smart Money
Congressional Trades Sell
Member
Alan Armstrong
Amount
$15.0K–$50.0K
Traded
Mar 27, 2026
View
Financials
Financials
Revenue (FY)
$21.3B
Net income (FY)
$2.9B
EPS diluted
$12.98
View
Buybacks
Authorized
$5.0B
Remaining
$3.4B
Spent Remaining
View
Filings
SEC Filings
Latest
10-Q
Filed
Oct 29, 2026
This year
19

Trane Technologies plc reported three months ended September 30, 2026 net revenues of 6,759.7 million, up 17.7%, and net earnings of 1,054.0 million. It also announced an intent to acquire Cancoil Thermal Corporation, expected to close no later than first quarter 2027.

View
Proposed Sales
Value
$23.1M
Shares
48.1K
Filed
Oct 6, 2026
View
Earnings & Events
Webcasts Upcoming
Next webcast
Nov 12, 2026
Last webcast
Oct 29, 2026
View
Investor Relations
Latest news
Trane Technologies to Present at…
Published
Nov 4, 2026
Upcoming events
1
View

Performance

5D 20D 120D MTD YTD
TT -8.5% -12.2% -14.8% +0.1% +5.5%
SPY -0.7% -1.3% +2.5% +1.5% +12.5%
vs SPY -7.8% -10.8% -17.3% -1.4% -7.0%

Capital returns

Latest dividend
$1.05 / share · ex Sep 4, 2026
Declared · upcoming
$1.05 / share · ex Dec 4, 2026
Raised 11.7%
Paid (TTM)
$4.09 / share · 4 payouts
Dividend yield (TTM, derived)
1.00%
Full dividend history
Buyback program · as of Sep 30, 2026
Authorized
$5.00B
Spent (derived)
$1.60B
Remaining
$3.40B
Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1466258 CUSIP G8994E103 13F (30d) 849 filings 807 filers Visit website Investor relations