Valuation: Trane Technologies plc

Market Cap 101B 89.72B 83.74B 76.32B 144B 9,707B 145B 1,013B 393B 4,962B 379B 371B 15,926B P/E 2026 *
30.4x
P/E 2027 * 26.1x
Enterprise Value 104B 92.04B 85.9B 78.3B 148B 9,958B 149B 1,040B 403B 5,091B 389B 380B 16,339B EV / Sales 2026 *
4.36x
EV / Sales 2027 * 3.93x
Free-Float
90.1%
Yield 2026 *
0.89%
Yield 2027 * 0.97%
Oct. 01 Trane Technologies Introduces Trane 20 Trucomfort Cold Climate Heat Pump with Weatherguard and American Standard Accucomfort Platinum 20 Cold Climate Heat Pump with All Weather CI
Sep. 30 Trane Technologies Demonstrates Industry-First 800-Volt Direct Current Chiller For Next-Generation AI Data Centers CI
Sep. 30 Trane Technologies Demonstrates New Proof-of-Concept 800-Volt DC Chiller for Data Center Operations MT
Sep. 30 Deutsche Bank Adjusts Trane Technologies PT to $499 From $515, Maintains Hold Rating MT
Sep. 29 Trane Technologies Launches LiquidStack CDU 2.X Platform For Faster, More Flexible AI Cooling Deployments CI
Sep. 28 Trane Technologies Expands Data Center Thermal Management System Portfolio with Two New 250-Megawatt High-Density Ai Factory Reference Designs Based on Nvidia DSX Ai Factory Platform CI
Sep. 15 Trane Technologies plc Presents at Morgan Stanley's 14th Annual Laguna Conference, Sep-15-2026 10:45 AM
Aug. 17 Trane Technologies, Eaton Develop AI Data Center Design MT
Aug. 17 Trane Technologies and Eaton Collaborate on Industry-First Reference Design to Help Boost Ai Data Center Efficiency and Cut Installation Costs CI
Aug. 14 Bernstein Adjusts Price Target on Trane Technologies to $575 From $555, Maintains Outperform Rating MT
Jul. 31 RBC Trims Price Target on Trane Technologies to $496 From $501, Keeps Sector Perform Rating MT
Jul. 31 Deutsche Bank Adjusts Trane Technologies Price Target to $515 From $523, Maintains Hold Rating MT
Jul. 31 Citigroup Adjusts PT on Trane Technologies to $566 From $570, Maintains Buy Rating MT
1 week+5.90%
Current month+2.30%
1 month+7.86%
3 months-4.19%
6 months+10.72%
Current year+22.93%
1 week 383.9
Extreme 383.9
411.8
1 month 360.1
Extreme 360.1
411.8
3 years 173.5
Extreme 173.5
443.6
5 years 113.98
Extreme 113.98
443.6
10 years 30.2
Extreme 30.2
443.6
Manager TitleAgeSince
Chief Executive Officer 63 2021-06-30
Director of Finance/CFO 53 2020-02-29
Chief Tech/Sci/R&D Officer 57 2025-01-04
Director TitleAgeSince
Director/Board Member 74 2000-12-31
Director/Board Member 71 2012-12-31
Director/Board Member 72 2015-02-02
Change 5-day change 1-year change 3-year change Capi.($)
+0.66%+5.90%+13.01%+111.92% 101B
+1.54%-0.79%+14.47%+105.37% 235B
+1.50%-0.81%-27.58%+43.38% 203B
+3.55%+4.12%+20.96%+95.76% 185B
+0.02%-1.05%+15.55%+107.07% 170B
-1.05%-1.31%+116.42%+480.89% 155B
+0.93%+1.81%+9.24%+133.54% 101B
-0.76%+2.35%+55.36%+215.41% 97.45B
+2.47%-0.84%+55.37%+553.85% 94.75B
+2.25%+3.48%+43.04%+196.73% 91.93B
Average +1.12%+0.24%+31.58%+204.39% 148.17B
Weighted average by Cap. +1.19%-0.33%+27.32%+181.47%

Financials

2026 *2027 *
Net sales 23.74B 21.09B 19.69B 17.94B 33.84B 2,282B 34.16B 238B 92.32B 1,167B 89.13B 87.2B 3,744B 26.01B 23.11B 21.57B 19.66B 37.08B 2,500B 37.42B 261B 101B 1,278B 97.65B 95.53B 4,102B
Net income 3.37B 3B 2.8B 2.55B 4.81B 324B 4.85B 33.84B 13.11B 166B 12.66B 12.39B 532B 3.86B 3.43B 3.2B 2.92B 5.51B 371B 5.56B 38.76B 15.02B 190B 14.5B 14.19B 609B
Net Debt 2.61B 2.32B 2.17B 1.98B 3.73B 251B 3.76B 26.23B 10.16B 128B 9.81B 9.6B 412B 1.25B 1.11B 1.03B 942M 1.78B 120B 1.79B 12.5B 4.84B 61.22B 4.68B 4.58B 196B
Logo Trane Technologies plc
Trane Technologies plc specializes in designing, manufacturing, and marketing of air conditioning systems (heating, ventilation and air conditioning systems, etc. mainly under the Trane and Thermo King brands. Trane Technologies plc also provides temperature control equipment (refrigeration systems, controlled-temperature transportation equipment, etc.). Net sales break down by activity as follows: - sale of equipment (65.6%); - services and sale of spare parts (34.4%). At the end of 2025, the group had 38 manufacturing facilities worldwide. Net sales are distributed geographically as follows: the Americas (80.6%), Europe/Middle East/Africa (13.1%) and Asia/Pacific (6.3%).
Employees
-
Date Price Change
26-10-02 €410.30 +0.32%
26-10-01 €409.00 +2.30%
26-09-30 €399.80 -0.25%
26-09-29 €400.80 +0.96%
26-09-28 €397.00 -0.48%
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
25
Last Close Price
458.94USD
Average target price
526.67USD
Spread / Average Target
+14.76%

Quarterly revenue - Rate of surprise