Trane Technologies plc (TT) stock
TTNYSEAuto Controls For Regulating Residential & Comml EnvironmentsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 23/3010% below fair value
$424.05−0.79 (-0.19%)
Close on Nov 12, 2026Market cap $92.82BP/E 29.9Yield 0.89%
Trane Technologies gross margin
Gross margin is gross profit as a percentage of revenue.
Trane Technologies's gross margin for the twelve months ending Sep 30, 2021 was 31.8%. For fiscal 2020 it was 30.5%, against 30.5% the year before. The highest annual figure on record is 31.1% in fiscal 2016.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2020 | Dec 31, 2020 | 30.5% | +0.0 |
| FY2019 | Dec 31, 2019 | 30.5% | +0.0 |
| FY2018 | Dec 31, 2018 | 30.5% | −0.4 |
| FY2017 | Dec 31, 2017 | 30.9% | −0.2 |
| FY2016 | Dec 31, 2016 | 31.1% | +0.8 |
| FY2015 | Dec 31, 2015 | 30.2% | −0.1 |
| FY2014 | Dec 31, 2014 | 30.3% | +0.9 |
| FY2013 | Dec 31, 2013 | 29.4% | +0.6 |
| FY2012 | Dec 31, 2012 | 28.8% | +1.5 |
| FY2011 | Dec 31, 2011 | 27.3% | −0.9 |
| FY2010 | Dec 31, 2010 | 28.1% | +0.7 |
| FY2009 | Dec 31, 2009 | 27.5% | +0.6 |
| FY2008 | Dec 31, 2008 | 26.8% | −1.6 |
| FY2007 | Dec 31, 2007 | 28.4% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 35.3% | −2.3 |
| Q2 FY2026 | Jun 30, 2026 | 35.6% | −0.2 |
| Q1 FY2026 | Mar 31, 2026 | 34.8% | −1.5 |
| Q3 FY2025 | Sep 30, 2025 | 36.9% | +0.4 |
| Q2 FY2025 | Jun 30, 2025 | 37.6% | +3.0 |
| Q1 FY2025 | Mar 31, 2025 | 35.8% | +1.8 |
| Q3 FY2024 | Sep 30, 2024 | 36.3% | +2.6 |
| Q2 FY2024 | Jun 30, 2024 | 36.5% | +5.3 |
| Q1 FY2024 | Mar 31, 2024 | 34.6% | +1.9 |
| Q3 FY2023 | Sep 30, 2023 | 34.0% | +2.4 |
| Q2 FY2023 | Jun 30, 2023 | 33.7% | +4.2 |
| Q1 FY2023 | Mar 31, 2023 | 31.2% | −1.2 |
| Q3 FY2022 | Sep 30, 2022 | 32.8% | −0.4 |
| Q2 FY2022 | Jun 30, 2022 | 31.6% | −0.0 |
| Q1 FY2022 | Mar 31, 2022 | 29.5% | −0.3 |
| Q3 FY2021 | Sep 30, 2021 | 32.4% | −0.1 |
| Q2 FY2021 | Jun 30, 2021 | 33.2% | +2.0 |
| Q1 FY2021 | Mar 31, 2021 | 31.6% | +3.5 |
| Q4 FY2020 | Dec 31, 2020 | 29.8% | +1.0 |
| Q3 FY2020 | Sep 30, 2020 | 32.5% | +0.6 |
| Q2 FY2020 | Jun 30, 2020 | 31.2% | −0.8 |
| Q1 FY2020 | Mar 31, 2020 | 28.1% | −0.9 |
| Q4 FY2019 | Dec 31, 2019 | 28.8% | +12.9 |
| Q3 FY2019 | Sep 30, 2019 | 31.8% | −0.7 |
| Q2 FY2019 | Jun 30, 2019 | 31.9% | −0.1 |
| Q1 FY2019 | Mar 31, 2019 | 29.1% | +0.6 |
| Q4 FY2018 | Dec 31, 2018 | 15.9% | −13.8 |
| Q3 FY2018 | Sep 30, 2018 | 32.6% | +0.4 |
| Q2 FY2018 | Jun 30, 2018 | 32.0% | −0.1 |
| Q1 FY2018 | Mar 31, 2018 | 28.5% | −0.7 |
| Q4 FY2017 | Dec 31, 2017 | 29.7% | −0.4 |
| Q3 FY2017 | Sep 30, 2017 | 32.2% | – |
| Q2 FY2017 | Jun 30, 2017 | 32.1% | – |
| Q1 FY2017 | Mar 31, 2017 | 29.1% | – |
| Q4 FY2016 | Dec 31, 2016 | 30.1% | – |
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