BigCapital beta
TT

Industrials · Building Products

Trane Technologies: revenue, profit and dividends

In fiscal 2025, Trane Technologies had revenue of $21.3B, up 4.8% a year on average since 2015, and net income of $2.92B (13.7% of revenue). Its dividend per share has gone up 5 years in a row, to $3.76. It has 16% fewer shares than in 2015.

Revenue, fiscal 2025

$21.3B+4.8% a year

average annual revenue growth since 2015 · +7.5% vs 2024

Net income, 2025
$2.92B
13.7% of revenue
Diluted EPS, 2025
$12.98
18.0% a year since 2015
Dividend per share, 2025
$3.76
raised 5 years in a row
Revenue growth, 5 years
11.4% a year
since 2020
Shares, 2025
225M
−16.0% since 2015
Free cash flow, 2025
$2.81B
$3.19B from operations − $383M capex
Ticker
TT · NYSE
Sector
Industrials
Sub-industry
Building Products
Headquarters
Dublin, Ireland
Founded
1871
In the S&P 500 since
November 17, 2010
Latest fiscal year
2025, ended December 31, 2025
SEC filer
Trane Technologies plc · CIK 0001466258

Revenue and net income

Revenue went from $8.76B in 2007 to $21.3B in 2025. Net loss in 2008.

RevenueNet income
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from $13.43 in 2007 to $12.98 in 2025. Ten-year growth: 18.0% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Dividends per share

Raised 5 years in a row, every year from 2021 to 2025. Ten-year growth: 12.5% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

16.0% fewer shares in 2025 than in 2015 (268M → 225M): buybacks outweighed new shares.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was $2.81B in 2025, 13.2% of revenue.

Operating cash flowCapital expenditureFree cash flow
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal yearRevenueNet incomeNet marginDiluted EPSDividendSharesOperating cash flowCapexFree cash flow
2025$21.3B$2.92B13.7%$12.98$3.76225M$3.19B$383M$2.81B
2024$19.8B$2.57B12.9%$11.24$3.36228M$3.15B$371M$2.77B
2023$17.7B$2.02B11.4%$8.77$3.00231M$2.39B$301M$2.09B
2022$16B$1.76B11.0%$7.48$2.68235M$1.5B$292M$1.21B
2021$14.1B$1.42B10.1%$5.87$2.36242M$1.59B$223M$1.37B
2020$12.5B$855M6.9%$3.52$2.12243M$1.44B$146M$1.29B
2019$13.1B$1.41B10.8%$5.77$2.12244M$1.92B$205M$1.71B
2018$12.3B$1.34B10.8%$5.35$1.96250M$1.41B$285M$1.12B
2017$14.2B$1.3B9.2%$5.05$1.70258M$1.52B$221M$1.3B
2016$13.5B$1.48B10.9%$5.65$1.16262M$1.52B$183M$1.34B
2015$13.3B$665M5.0%$2.48$1.16268M$888M$250M$639M
2014$12.9B$932M7.2%$3.40$1.00274M$973M$234M$740M
2013$12.4B$619M5.0%$2.07$0.63298M$1.09B$242M$849M
2012$12B$1.02B8.5%$3.28$0.69311M$1.2B$243M$952M
2011$14.8B$343M2.3%$1.01$0.59339M$1.19B$217M$970M
2010$14B$642M4.6%$1.89$0.28340M$695M$180M$516M
2009$13B$451M3.5%$1.37$0.50329M$1.76B$204M$1.55B
2008$13B−$2.62B−20.1%−$8.73$0.72304M$424M$305M$118M
2007$8.76B$3.97B45.3%$13.43$0.72—$826M$120M$707M

Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.

About these figures

Other Building Products companies

All 83 Industrials companies

Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.