TT · XBRL financial data

Trane Technologies financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (TT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	12,455	14,136	15,992	17,678	19,838	21,322
Cost of goods and services sold	8,651	—	—	—	—	—
Research and development	165	194	211	252	310	348
Selling, general and administrative	2,271	2,446	2,546	2,963	3,580	3,743
Other operating income (expense)	—	—	(23)	(92)	(20)	(45)
Operating income (loss)	1,533	2,023	2,419	2,894	3,500	3,967
Interest expense	249	234	224	235	238	227
Other income (expense)	24	9	(4)	(68)	(20)	(21)
Income tax expense (benefit)	297	334	376	498	628	706
Net income (loss)	855	1,423	1,757	2,024	2,568	2,919
Earnings per share, basic USD per share	3.56	5.96	7.55	8.85	11.35	13.09
Earnings per share, diluted USD per share	3.52	5.87	7.48	8.77	11.24	12.98
Weighted average shares, basic millions of shares	240	239	233	229	226	223
Weighted average shares, diluted millions of shares	243	242	235	231	228	225

Fiscal years (TT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	3,290	2,159	1,221	1,095	1,590	1,763
Inventory	1,189	1,531	1,994	2,152	1,972	2,104
Total current assets	6,906	6,471	6,379	6,870	7,338	7,863
Property and equipment, net	1,350	1,399	1,536	1,772	2,025	2,251
Right-of-use asset	—	437	463	513	603	—
Goodwill	5,343	5,505	5,504	6,095	6,128	6,457
Total assets	18,157	18,060	18,082	19,392	20,147	21,421
Accounts payable	1,520	1,787	2,092	2,025	2,148	2,154
Accrued liabilities	1,592	2,070	2,006	2,635	2,790	2,825
Total current liabilities	4,339	4,752	5,687	6,054	6,069	6,287
Long-term debt	4,497	4,492	3,788	3,978	4,318	3,922
Total liabilities	11,730	11,787	11,976	12,375	12,660	12,820
Retained earnings	8,495	8,353	8,321	9,134	9,792	10,422
Total stockholders' equity	6,408	6,256	6,089	6,995	7,457	8,579
Total liabilities and equity	18,157	18,060	18,082	19,392	20,147	21,421
Common shares outstanding (cover page) millions of shares	238	234	229	227	224	221

Fiscal years (TT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	855	1,423	1,757	2,024	2,568	2,919
Stock-based compensation	70	67	56	64	83	87
Net cash from operating activities	1,435	1,588	1,504	2,390	3,146	3,195
Purchases of property and equipment	146	223	292	301	371	—
Net cash from investing activities	(376)	(546)	(540)	(1,172)	(563)	(640)
Share repurchases	250	1,100	1,200	669	1,281	1,481
Dividends paid	507	561	620	684	758	837
Proceeds from long-term debt	0	0	0	699	499	0
Repayments of long-term debt	308	433	10	755	508	159
Net cash from financing activities	884	(2,128)	(1,852)	(1,350)	(2,021)	(2,496)
Net change in cash	2,011	(1,131)	(939)	(125)	495	173

SIC 3822 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3822 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Trane Technologies	not reported	6,760	1,313*	218.9M	Q3 FY26 10-QSep 30, 2026
Danaher	5,682	6,554	1,886*	703.5M	Q3 FY26 10-QSep 25, 2026
Thermo Fisher Scientific	5,461	12,137	2,550*	370.5M	Q3 FY26 10-QSep 26, 2026
Roper Technologies	311	2,172	821*	99.0M	Q3 FY26 10-QSep 30, 2026
KLA	1,532	4,136	1,531	1.3B	Q1 FY27 10-QSep 30, 2026
Ametek	666	2,220	561*	229.3M	Q3 FY26 10-QSep 30, 2026
Coherent	1,553	2,370	(93)	197.0M	Q1 FY26 10-QSep 30, 2026
Rockwell Automation	479	2,313	724*	111.0M	Q3 FY26 10-QJun 30, 2026
Agilent Technologies	1,758	1,878	519*	281.9M	Q3 FY26 10-QJul 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.