Trane Technologies plc
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $14.20B | $13.51B | $13.30B | $12.89B | $12.35B | $11.99B | $14.78B | $14.00B |
| Cost of Revenue | $9.81B | $9.31B | $9.28B | $8.98B | $8.72B | $8.53B | $9.28B | $10.06B |
| Gross Profit | $4.39B | $4.20B | $4.02B | $3.91B | $3.63B | $3.45B | $5.50B | $3.94B |
| Gross Margin | 30.9% | 31.1% | 30.2% | 30.3% | 29.4% | 28.8% | 37.2% | 28.1% |
| Operating Expenses | ||||||||
| Research & Development | $210.8M | $207.9M | $205.9M | $212.3M | $218.2M | $235.4M | $218.4M | $244.0M |
| SG&A Expense | $2.72B | $2.60B | $2.53B | $2.50B | $2.52B | $2.38B | $2.40B | $2.68B |
| Operating Income | $1.67B | $1.60B | $1.49B | $1.40B | $1.11B | $1.07B | $438.7M | $1.26B |
| Operating Margin | 11.7% | 11.9% | 11.2% | 10.9% | 8.9% | 8.9% | 3.0% | 9.0% |
| Interest Expense | $215.8M | $221.5M | $223.0M | $225.3M | $278.8M | $252.0M | $278.5M | $283.2M |
| Pretax Income | $1.42B | $1.74B | $1.25B | $1.21B | $829.6M | $848.0M | $188.6M | $1.01B |
| Income Tax Expense | $80.2M | $281.5M | $540.8M | $293.7M | $189.0M | $56.0M | $45.4M | $228.1M |
| Net Income | $1.30B | $1.48B | $664.6M | $931.7M | $618.8M | $1.02B | $343.2M | $642.2M |
| Net Margin | 9.2% | 10.9% | 5.0% | 7.2% | 5.0% | 8.5% | 2.3% | 4.6% |
| EPS (Basic) | $5.11 | $5.70 | $2.51 | $3.44 | $2.11 | $3.35 | $1.06 | $1.98 |
| EPS (Diluted) | $5.05 | $5.65 | $2.48 | $3.40 | $2.07 | $3.28 | $1.01 | $1.89 |
| Shares Outstanding (Basic) | 254.9M | 259.2M | 265.1M | 270.5M | 294.1M | 303.9M | 324.8M | 324.7M |
| Shares Outstanding (Diluted) | 258.1M | 261.7M | 267.8M | 274.3M | 298.3M | 310.6M | 339.3M | 339.8M |
| Dividends Per Share | $1.70 | $1.16 | $1.16 | $1.00 | $0.63 | $0.69 | $0.59 | $0.28 |