Trane Technologies plc

Trane Technologies plc provides climate control solutions for buildings, homes, and transportation. The company designs, manufactures, sells, and services heating, ventilation, and air conditioning (HVAC) systems, building controls, energy services, and transport refrigeration equipment under primary brand names such as Trane and Thermo King. Its offerings include chillers, air conditioners, heat pumps, furnaces, bus and rail HVAC units, trailer and truck refrigeration systems, cold storage units, and digital building management solutions. Operations are organized into three regional reportable segments: Americas, EMEA, and Asia Pacific. Its customer base is diversified, with no single client accounting for more than 10% of revenue.

The company operates globally, selling its products and services across approximately 100 countries through branch offices, subsidiary sales operations, and distributor networks. Trane Technologies is incorporated in Ireland as a public limited company and maintains a global workforce of approximately 44,000 employees across 62 nations.

Summary of the business section of Trane Technologies's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of December 31, 2024, we employed approximately 45,000 people in 61 countries including over 16,000 employees outside of the United States.”