Trane Technologies plc (TT) Financials
Key financial figures for Trane Technologies plc (Q3 2026).
Trane Technologies Q3 2026 revenue rose 18% to $6.76B (16% organic) and adjusted continuing EPS rose 25% to $4.86, with backlog up 73% to $12.5B; full-year revenue guidance raised, EPS guidance reaffirmed. Net revenues were $6,759.7M, up 18% reported and 16% organic versus Q3 2025; GAAP continuing EPS was $4.79 (vs $3.82) and adjusted continuing EPS was $4.86 (vs $3.88), both up 25%. Organic bookings rose 20% to $7,248M (book-to-bill 107%, above 100% in every segment), lifting backlog to $12.5B, up 73%; Americas Commercial HVAC backlog was up approximately 80%. Americas revenue was $5,647.9M, up 21% (19% organic, about 2 points from acquisitions); segment operating margin rose 40 bps to 21.9%. On the outlook: Full-year 2026: reported revenue growth of approximately 13.5% and organic revenue growth of approximately 11% (raised from approximately 11.5% and approximately 9% after Q2); GAAP continuing EPS of approximately $15.00 to $15.10, including $0.20 for non-GAAP adjustments, and adjusted continuing EPS of $15.20 to $15.30 (both unchanged from the prior outlook). Figures are for Q3 2026, as Trane Technologies plc reported them.
- Revenue
- $6.8B
- Net Income
- $1.0B
- EPS
- $4.77
- Total Assets
- $23.9B
- Operating Cash Flow
- $1.3B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $6.8B | $1.0B | $4.74 | 19.87% | $1.2B |
| Q2 FY2026 | $6.4B | $926M | $4.16 | 19.27% | $1.0B |
| Q1 FY2026 | $5.0B | $584M | $2.62 | 15.62% | $547M |
| Q4 FY2025 | $5.1B | $591M | $2.64 | 15.92% | $1.1B |
| Q3 FY2025 | $5.7B | $848M | $3.78 | 20.29% | $936M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $21.3B | $2.9B | $12.98 | 18.61% | $2.8B |
| FY2024 | $19.8B | $2.6B | $11.24 | 17.64% | $2.8B |
| FY2023 | $17.7B | $2.0B | $8.77 | 16.37% | $2.1B |
Frequently asked questions
What was Trane Technologies plc's revenue last quarter?
Trane Technologies plc reported revenue of $6.76 billion for Q3 FY2026, up 17.7% from the same period a year earlier.
Is Trane Technologies plc profitable?
Yes. Trane Technologies plc reported net income of $1.05 billion for Q3 FY2026, a net margin of 15.51% on revenue.
How has Trane Technologies plc's margin trended?
Operating margin was 19.87% in Q3 FY2026, compared with 20.29% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Trane Technologies plc generate?
Trane Technologies plc generated free cash flow of $1.21 billion in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Trane Technologies plc on SentiSense, with up to forty quarters and twenty fiscal years of history.