Trane Technologies plc
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $21.32B | $18.99B | $17.68B | $15.99B | $14.13B | $12.46B | $13.29B |
| Americas | — | — | $14.92B | $13.68B | $12.33B | $10.82B | $9.62B | $10.17B |
| EMEA | — | — | $2.46B | $2.34B | $2.13B | $1.86B | $1.62B | $1.75B |
| Asia Pacific | — | — | $1.60B | $1.66B | $1.54B | $1.46B | $1.23B | $1.38B |
| Cost of Revenue | — | — | — | — | — | — | $8.65B | $9.09B |
| Gross Profit | — | — | — | — | — | — | $3.81B | $4.21B |
| Gross Margin | — | — | — | — | — | — | 30.6% | 31.7% |
| Operating Expenses | ||||||||
| Research & Development | — | $347.6M | $309.6M | $252.3M | $211.2M | $193.5M | $165.0M | $174.2M |
| SG&A Expense | — | $3.74B | $3.58B | $2.96B | $2.55B | $2.45B | $2.27B | $2.32B |
| Operating Income | — | $3.97B | $3.50B | $2.89B | $2.42B | $2.02B | $1.53B | $1.67B |
| Operating Margin | — | 18.6% | 18.4% | 16.4% | 15.1% | 14.3% | 12.3% | 12.6% |
| Interest Expense | — | $226.7M | $238.4M | $234.5M | $223.5M | $233.7M | $248.7M | $242.8M |
| Pretax Income | — | $3.68B | $3.24B | $2.57B | $2.17B | $1.79B | $1.29B | $1.40B |
| Income Tax Expense | — | $705.9M | $627.6M | $498.4M | $375.9M | $333.5M | $296.8M | $238.6M |
| Net Income | — | $2.92B | $2.57B | $2.02B | $1.76B | $1.42B | $854.9M | $1.41B |
| Net Margin | — | 13.7% | 13.5% | 11.4% | 11.0% | 10.1% | 6.9% | 10.6% |
| EPS (Basic) | — | $13.09 | $11.35 | $8.85 | $7.55 | $5.96 | $3.56 | $5.84 |
| EPS (Diluted) | — | $12.98 | $11.24 | $8.77 | $7.48 | $5.87 | $3.52 | $5.77 |
| Shares Outstanding (Basic) | 221.3M | 223.0M | 226.2M | 228.6M | 232.6M | 238.7M | 240.1M | 241.6M |
| Shares Outstanding (Diluted) | 221.3M | 224.9M | 228.4M | 230.7M | 234.9M | 242.3M | 243.1M | 244.4M |
| Dividends Per Share | — | $3.76 | $3.36 | $3.00 | $2.68 | $2.36 | $2.12 | $2.12 |