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TraneC
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2026-07-20
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2026-07-09
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Earnings documents stored for TT.

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Investor releaseQuarter not tagged2026-07-09

Trane Technologies Schedules Second Quarter 2026 Earnings Conference Call

Business Wire

SWORDS, Ireland, July 09, 2026--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, will host a conference call to discuss its second quarter 2026 financial results on Thursday, July 30, 2026, at 10 a.m. ET. The company will issue its second quarter earnings release and earnings presentation in advance of the call; both will be available on the Trane Technologies website. A real-time, listen-only webcast of the conference call will be broadcast live over the internet. Individuals wishing to listen can access the call through the company’s website at www.tranetechnologies.com under the investor relations section. For those unable to listen to the live event, a replay will be available on the company’s website at approximately 1 p.m. ET, July 30, 2026. About Trane Technologies Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes, and transportation. Learn more at tranetechnologies.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260709040164/en/ Contacts Media:Travis Bullard +1 [email protected] Investors: Zachary Nagle+1 [email protected]

Investor releaseQuarter not tagged2026-07-08

Trane Technologies Quarterly Earnings Preview: What You Need to Know

Barchart

With a market cap of $107.7 billion, Trane Technologies plc (TT) is a global climate solutions company that designs, manufactures, and services heating, ventilation, air conditioning (HVAC), refrigeration, and building management systems for residential, commercial, and industrial customers. Headquartered in Ireland, the company operates through its well-known brands, including Trane and Thermo King, serving customers across North America, Europe, Asia, Latin America, the Middle East, and Africa. Trane Technologies is expected to announce its fiscal Q2 earnings for 2026 in the near future. Ahead of the event, analysts expect this industrial company to report a profit of $4.27 per share, up 10.1% from $3.88 per share in the year-ago quarter. The company has topped Wall Street’s bottom-line estimates in each of the last four quarters. Nasdaq Futures Plunge as Samsung Sparks Chip Selloff AbbVie vs Eli Lilly: 1 Is Clearly the Better Dividend Stock to Buy and Hold for the Next 10 Years The Nasdaq-100 Could Be Forming a Textbook Diamond Top. Here's What to Watch on the QQQ Chart Now. Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For the current fiscal year, ending in December, analysts expect TT to report a profit of $14.90 per share, representing a 14.1% increase from $13.06 per share in fiscal 2025. Furthermore, its EPS is expected to grow 13.2% year over year to $16.87 in fiscal 2027. TT shares have rallied 9.5% over the past 52 weeks, underperforming the S&P 500 Index's ($SPX) 20.5% return and the State Street Industrial Select Sector SPDR ETF’s (XLI) 22.5% uptick over the same time period. On June 24, Trane Technologies shares fell 2.9% as industrial stocks came under pressure after escalating tensions in the Middle East pushed oil prices higher and reignited inflation concerns. Rising fuel costs and higher bond yields weighed on investor sentiment toward capital-intensive industrial companies, including HVAC manufacturers like Trane Technologies. Wall Street analysts are moderately optimistic about TT’s stock, with an overall "Moderate Buy" rating. Among 24 analysts covering the stock, 13 recommend "Strong Buy," 10 suggest "Hold," and the remaining analyst gives a “Strong Sell” rating. The mean price target for TT is $524.87, indicating a 10.3% potential upside from the current...

Investor releaseQuarter not tagged2026-07-06

Strong Results Lifted Trane Technologies (TT) in Q1

Insider Monkey

Brown Advisory, an investment management company, released its “Brown Large-Cap Growth Strategy” for the first-quarter 2026 investor letter. A copy of the letter is available to download here. The Brown Advisory Large-Cap Growth Strategy experienced a decline in the first quarter of 2026, modestly trailing the Russell 1000 Growth Index. Despite negative absolute returns amidst volatility, relative performance improved significantly as the quarter progressed. Initial pressures stemmed from weaknesses in the software sector, affected by concerns over AI disrupting traditional models. Conversely, sectors like Industrials and Consumer Discretionary positively contributed to performance, while Information Technology and Health Care were the largest detractors. The strategy's ability to outperform in a down market indicates the quality of holdings. As market leadership broadens, the firm’s focus remains on maintaining a diversified portfolio of high-quality growth companies, aiming for strong long-term results. Please review the Strategy’s top five holdings to gain insights into their key selections for 2026. In its first-quarter 2026 investor letter, Brown Advisory Large-Cap Growth Strategy highlighted Trane Technologies plc (NYSE:TT). Trane Technologies plc (NYSE:TT) provides solutions for heating, ventilation, air conditioning, and transport refrigeration. On July 2, 2026, Trane Technologies plc (NYSE:TT) closed at $478.13 per share, reflecting a market capitalization of $105.7 billion. Trane Technologies plc (NYSE:TT) posted a one-month return of 5.97%, while its shares gained 10.68% over the past 52 weeks. Brown Advisory Large-Cap Growth Strategy stated the following regarding Trane Technologies plc (NYSE:TT) in its Q1 2026 investor letter: Trane Technologies plc (NYSE:TT) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 68 hedge fund portfolios held Trane Technologies plc (NYSE:TT) at the end of the first quarter, up from 66 in the previous quarter. While we acknowledge the potential of Trane Technologies plc (NYSE:TT) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best...

Investor releaseQuarter not tagged2026-07-02

Why Trane Technologies (TT) is Poised to Beat Earnings Estimates Again

Zacks

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Trane Technologies (TT), which belongs to the Zacks Technology Services industry. This manufacturer has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 2.69%. For the last reported quarter, Trane Technologies came out with earnings of $2.63 per share versus the Zacks Consensus Estimate of $2.53 per share, representing a surprise of 3.95%. For the previous quarter, the company was expected to post earnings of $2.82 per share and it actually produced earnings of $2.86 per share, delivering a surprise of 1.42%. With this earnings history in mind, recent estimates have been moving higher for Trane Technologies. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Trane Technologies currently has an Earnings ESP of +0.60%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #3 (Hold) indicates that another beat is possibly around the corner. Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric. Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for t...

Investor releaseQuarter not tagged2026-06-19

Reflecting On HVAC and Water Systems Stocks’ Q1 Earnings: Trane Technologies (NYSE:TT)

StockStory

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Trane Technologies (NYSE:TT) and the best and worst performers in the hvac and water systems industry. Many HVAC and water systems companies sell essential, non-discretionary infrastructure for buildings. Since the useful lives of these water heaters and vents are fairly standard, these companies have a portion of predictable replacement revenue. In the last decade, trends in energy efficiency and clean water are driving innovation that is leading to incremental demand. On the other hand, new installations for these companies are at the whim of residential and commercial construction volumes, which tend to be cyclical and can be impacted heavily by economic factors such as interest rates. The 9 hvac and water systems stocks we track reported a very strong Q1. As a group, revenues beat analysts’ consensus estimates by 6.9%. Luckily, hvac and water systems stocks have performed well with share prices up 14.6% on average since the latest earnings results. With low-pressure heating systems as its first product, Trane (NYSE:TT) designs, manufactures, and sells HVAC and refrigeration systems, the former to commercial and residential building customers and the latter to commercial truck manufacturers. Trane Technologies reported revenues of $4.97 billion, up 6% year on year. This print exceeded analysts’ expectations by 3.1%. Overall, it was a strong quarter for the company with an impressive beat of analysts’ adjusted operating income estimates. The market was likely pricing in the results, and the stock is flat since reporting. It currently trades at $484. Read why we think that Trane Technologies is one of the best hvac and water systems stocks, our full report is free. Backed by two million square feet of lab testing space, AAON (NASDAQ:AAON) makes heating, ventilation, and air conditioning equipment for different types of buildings. AAON reported revenues of $496.9 million, up 54.3% year on year, outperforming analysts’ expectations by 29.5%. The business had an incredible quarter with a beat of analysts’ EPS and EBITDA estimates. AAON delivered the biggest analyst estimate beat and fastest revenue growth among its peers. The market seems happy with the results as the stock is up 39.1% since reporting. It...

Investor releaseQuarter not tagged2026-06-05

Trane Technologies Declares Quarterly Dividend

Business Wire

SWORDS, Ireland, June 05, 2026--(BUSINESS WIRE)--The Board of Directors of Trane Technologies plc (NYSE:TT), a global climate innovator, declared a quarterly dividend of $1.05 per ordinary share, or $4.20 per share annualized. The dividend is payable on September 30, 2026, to shareholders of record as of September 4, 2026. Since March of 2020, Trane Technologies has raised the quarterly dividend by more than 98 percent. Trane Technologies has paid consecutive quarterly cash dividends on its common shares since 1919 and annual dividends since 1910. About Trane Technologies Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes, and transportation. Learn more at tranetechnologies.com View source version on businesswire.com: https://www.businesswire.com/news/home/20260603934322/en/ Contacts Media: Travis Bullard+1 [email protected] Investors: Zachary Nagle+1 [email protected]

Investor releaseQuarter not tagged2026-06-05

How Investors Are Reacting To Trane Technologies (TT) Sustainability Honors And Upbeat Earnings Estimate Revisions

Simply Wall St.

In recent days, Trane Technologies was recognized again for its leadership in sustainability and climate innovation, earning repeat inclusion on the Dow Jones World and North America Indices as well as the Financial Times Europe’s Climate Leaders 2026 list. This sustained recognition for reducing emissions intensity and climate-focused innovation highlights how environmental performance is becoming a core part of Trane Technologies’ business profile. Next, we’ll explore how this continued sustainability recognition may intersect with upbeat earnings estimate revisions to influence Trane Technologies’ investment narrative. We've uncovered the 10 dividend fortresses yielding 5%+ that don't just survive market storms, but thrive in them. To own Trane Technologies, you need to believe that demand for efficient HVAC and refrigeration, especially in commercial buildings, will support earnings power even through cycles. In the near term, the key catalyst remains how earnings estimates evolve, while major risks still center on a downturn in core verticals like data centers and transport. The latest sustainability accolades reinforce Trane’s brand, but they do not materially change those immediate earnings or end market risks. Among recent developments, the upgrade to a Zacks Rank #2 on the back of rising earnings estimates feels most connected to this sustainability news. Continued recognition on Dow Jones sustainability indices and the Financial Times Europe’s Climate Leaders list could support Trane’s positioning with customers focused on emissions and efficiency, which ties directly into those improving earnings expectations and the strength of its Commercial HVAC pipeline. But while the headlines are encouraging, investors should also be aware that a sharp slowdown in data center or healthcare projects could... Read the full narrative on Trane Technologies (it's free!) Trane Technologies' narrative projects $28.3 billion revenue and $4.5 billion earnings by 2029. This requires 9.5% yearly revenue growth and about a $1.6 billion earnings increase from $2.9 billion today. Uncover how Trane Technologies' forecasts yield a $518.30 fair value, a 12% upside to its current price. Some of the lowest analysts were assuming Trane’s revenue would reach about US$26.0 billion and earnings about US$3.9 billion by 2029, yet they still saw greater risk around heavy reliance on...

Investor releaseQuarter not tagged2026-05-10

What Trane Technologies (TT)'s Upgraded 2026 Earnings Outlook Means For Shareholders

Simply Wall St.

In late April 2026, Trane Technologies reported first-quarter 2026 sales of US$4,969.4 million, with net income of US$584.4 million, and raised its full-year 2026 guidance to approximately 9.5% reported revenue growth and GAAP and adjusted EPS of US$14.75 to US$14.95. The company linked this upgraded outlook to strong momentum in its Americas Commercial HVAC business, record bookings and backlog, and contributions from acquisitions and services. We’ll now examine how the raised full-year earnings guidance may influence Trane Technologies’ existing investment narrative and future expectations. Invest in the nuclear renaissance through our list of 91 elite nuclear energy infrastructure plays powering the global AI revolution. To own Trane Technologies, you need to believe its core Commercial HVAC engine can keep converting strong bookings and backlog into sustainable earnings, despite pockets of softness elsewhere. The raised 2026 outlook reinforces the near term catalyst of growth in Americas Commercial HVAC and services, while the key risk remains a slowdown in demand from data center and healthcare customers. The latest guidance upgrade supports the current narrative rather than materially changing its risk reward balance. Among recent announcements, the most relevant to this guidance raise is Trane’s 12% dividend increase to US$1.05 per share quarterly, affirmed in April 2026. Paired with higher full year EPS guidance of US$14.75 to US$14.95, it highlights management’s confidence in cash generation despite transport market headwinds and tariff risks. For shareholders, this combination of higher payout and upgraded outlook ties directly back to the core catalyst of resilient Commercial HVAC profitability. But against this constructive picture, investors should also be aware of the risk that a concentrated reliance on data center and healthcare demand... Read the full narrative on Trane Technologies (it's free!) Trane Technologies' narrative projects $28.3 billion revenue and $4.5 billion earnings by 2029. This requires 9.4% yearly revenue growth and about a $1.6 billion earnings increase from $2.9 billion today. Uncover how Trane Technologies' forecasts yield a $517.69 fair value, a 10% upside to its current price. Some of the most optimistic analysts were already assuming revenues near US$27.2 billion and earnings around US$4.1 billion by 2028, far above c...

Investor releaseQuarter not tagged2026-05-08

Is SoFi Technologies Stock a Buy After Its Strong Q1 2026 Earnings?

Zacks

Investors appeared to take a measured approach immediately after SoFi Technologies SOFI released its first-quarter 2026 results on April 29, likely weighing the sustainability of the company’s rapid expansion against a shifting macro backdrop. However, as management commentary and forward guidance were digested more carefully, sentiment improved noticeably, helping the stock gain nearly 5% since the earnings release. The market’s positive reaction seems closely tied to SOFI’s accelerating member growth, record loan originations, expanding profitability and management’s confidence despite assuming no Federal Reserve rate cuts in 2026. The quarter reinforced SoFi’s transformation from a digital lender into a broader financial ecosystem powered by technology, banking, and increasingly diversified revenue streams. SoFi delivered adjusted net revenues of $1.09 billion in the first quarter, representing 41% year-over-year growth. The figure also exceeded the Zacks Consensus Estimate of $1.04 billion by 4.7%, reflecting continued momentum across lending, financial services, and member engagement activities. Image Source: SOFI The company’s ability to sustain growth above 40% at its current scale remains one of the most compelling aspects of the investment story. Importantly, management highlighted that SoFi achieved its 18th consecutive quarter, meeting the Rule of 40 benchmark, supported by 41% revenue growth and EBITDA margins of 31%. Adjusted EBITDA increased to $340 million during the quarter, while net income reached $167 million. Earnings per share came in at 12 cents, matching the Zacks Consensus Estimate and increased 100% year over year. Even though EPS did not produce a surprise, profitability metrics continued improving as the company scaled efficiently. Margins also remained healthy. Adjusted EBITDA margin stood near 31%, demonstrating SoFi’s ability to convert strong revenue growth into expanding earnings power. Meanwhile, net interest margin reached 5.94%, remaining well above the 5% threshold management expects to sustain for the foreseeable future. One of the strongest indicators of SoFi’s platform strength was its continued member acquisition momentum. The company added a record 1.1 million new members during the quarter, increasing total members 35% year over year to 14.7 million. Image Source: SOFI Product adoption trends were equally impressive....

Investor releaseQuarter not tagged2026-05-06

Is Palantir Technologies a Buy After Its Explosive Q1 2026 Earnings?

Zacks

Palantir Technologies PLTR delivered a striking first-quarter 2026 performance, underscoring its emergence as a dominant force in operational AI. The company’s results reflected exceptional top-line acceleration, expanding margins and strong customer engagement. However, beneath the headline growth lies a more nuanced investment picture shaped by capacity constraints, competitive pressures, and elevated expectations. Palantir delivered first-quarter 2026 revenues of $1.63 billion that beat the Zacks Consensus Estimate by 6%, reflecting a sharp 85% year-over-year increase. Growth was broad-based, with commercial revenue reaching $774 million and government revenue at $858 million. The standout was the U.S. business, which now contributes 79% of total revenues and surged 104% year over year, highlighting intense domestic demand for AI-driven solutions. The company also reported $2.4 billion in total contract value bookings during the quarter, indicating strong deal momentum and reinforcing visibility into future revenue streams. Image Source: PLTR Profitability remained a defining feature of the quarter. Palantir posted an adjusted gross margin of 88%, reflecting the scalability of its platform model. Adjusted operating income came in at $984 million, translating into a 60% adjusted operating margin. Adjusted earnings per share reached 33 cents, beating the Zacks Consensus Estimate by 13.8%, showing 154% improvement from the prior year. Image Source: PLTR The company’s Rule of 40 score rose to 145%, underlining a rare combination of high growth and strong profitability. Cash flow generation was equally solid, with $899 million in operating cash flow and $925 million in adjusted free cash flow, demonstrating efficient conversion of revenue into cash. Customer engagement metrics reinforced the strength of Palantir’s platform. The company ended the quarter with 1,007 customers, while net dollar retention stood at an impressive 150%, indicating significant expansion within the existing client base. Forward-looking indicators remained strong, with total remaining deal value at $11.8 billion and remaining performance obligations at $4.5 billion. These figures suggest sustained demand and long-term revenue visibility as customers increasingly embed Palantir’s solutions into their operations. Palantir’s Artificial Intelligence Platform continues to act as the primary...

Investor releaseQuarter not tagged2026-05-03

Trane Technologies Q1 Earnings Call Highlights

MarketBeat

Enterprise bookings rose 24% and backlog hit a record $10.7 billion (up >30% vs. year-end 2025), driving 3% organic revenue growth and 7% adjusted EPS growth, led by strong Americas commercial HVAC and double‑digit services growth. Data centers and the Stellar Energy acquisition are key growth drivers — Stellar contributed roughly $1 billion to backlog, Trane expects about $500 million of Stellar revenue in 2026 and sees the business reaching ~ $1 billion with mid‑teens EBITDA in 2–3 years. Guidance and capital allocation were raised: 2026 organic revenue guidance ~7% (≈9.5% reported) and adjusted EPS of $14.75–$14.95, while management plans $2.8–$3.3 billion of capital deployment (including a 12% higher $900M dividend) and continued share repurchases. Interested in Trane Technologies plc? Here are five stocks we like better. The Toro Company: A Baby Bull Market Is Gaining Traction Trane Technologies (NYSE:TT) reported what Chair and CEO Dave Regnery called “another strong quarter,” highlighted by a surge in bookings and a record backlog that management said provides visibility into faster growth later in 2026. On the company’s Q1 2026 earnings call, executives also raised full-year revenue and earnings guidance, while addressing tariffs and inflation, regional market conditions, and the company’s expanding position in data centers following recent acquisitions. Regnery said first-quarter enterprise organic bookings increased 24%, driving backlog to a record $10.7 billion, up more than 30% versus year-end 2025. Organic revenue grew 3% in the quarter, led by the Americas commercial HVAC business and double-digit growth in global services, which Regnery noted represents about one-third of enterprise revenue and has delivered a “low teens compound annual growth rate since 2020.” → 5 Stocks to Buy in May Before the Next AI Surge Hits Dividends Are Rising: 3 Foreign Stocks Boosting Payouts The performance translated to adjusted earnings per share growth of 7%, according to Executive Vice President and CFO Chris Kuehn. Kuehn added that “enterprise organic leverage was in the high teens,” attributing the results to the company’s business operating system and operational execution. Commercial HVAC in the Americas stood out, with Regnery saying bookings were up about 40% year-over-year and reached an all-time high. He also pointed to Applied Solutions bookings growth...

Investor releaseQuarter not tagged2026-05-01

Trane Q1 Earnings Beat Estimates on Strong Bookings, Backlog

Zacks

Trane Technologies plc TT delivered a solid first quarter of 2026, with adjusted earnings of $2.63 per share, beating the Zacks Consensus Estimate of $2.53 by 4%. Revenues came in at $4.97 billion, topping the consensus mark of $4.79 billion by 3.8%, while both metrics improved year over year. Demand was a key tailwind. Organic bookings rose 24%, and the company exited the quarter with a record backlog of $10.7 billion, up more than 30% versus year-end 2025, underscoring strong visibility for the balance of the year. TT’s reported revenues increased 6% year over year, while organic revenues grew 3%. The company benefited from volume growth and positive prices, though these positives were offset by inflationary pressures and elevated reinvestment levels across the business. Profitability was mixed. GAAP operating income declined to $776.1 million from $818.9 million a year ago, and GAAP operating margin compressed to 15.6% from 17.5%. On an adjusted basis, operating income improved to $794.7 million, and adjusted operating margin was 16.0%, reflecting the impact of certain non-GAAP items on comparability. Commercial HVAC demand stood out again, helping push enterprise book-to-bill to 135% for the quarter. Management highlighted exceptional momentum in Americas Commercial HVAC, where bookings increased approximately 40%, supported by strength in applied equipment. That momentum is translating into backlog growth and improved forward visibility. The company pointed to a robust project environment and sustained services strength, with global services revenues growing at a double-digit rate, reinforcing the longer-cycle, higher-value opportunity tied to the installed base. The Americas segment remained the largest contributor, generating revenues of $4.00 billion, up 5% year over year on a reported basis and up 4% organically. Adjusted operating margin in the region improved 10 basis points to 17.9%, supported by operating execution, even as residential results created some offsetting pressure. Results were less favorable in Europe, the Middle East, and Africa. EMEA revenues rose 12% to $639.5 million, aided by foreign exchange and acquisitions, but organic revenues dipped 1%. Adjusted operating margin fell to 11.9% from 14.5%, reflecting a tougher profitability backdrop. Asia Pacific revenues increased 5% to $331.5 million, while GAAP and adjusted operating marg...

As of 2026-07-11 • Updated weeklySource: Earnings sourceIngestion runbook