TRANE TECHNOLOGIES PLC
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 4,615 | 35.0 |
| Stockholders' equity | 8,579 | 65.0 |
| Total capitalization | 13,194 | 100.0 |
220,023,177 shares outstanding at 24 July 2026 (cover page of the 10-Q filed 30 July 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 4,615 |
| Long-term debt, noncurrent | 3,922 |
| Current maturities | 693 |
CAPITAL STOCK 12/31/25
| Common shares issued | 244,968,933 |
| Treasury shares | 23,496,975 |
| Par or stated value per share ($) | 1 |
| Outstanding at 7/24/26 | 220,023,177 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 3.76 | 29.0 |
| 2024 | 3.36 | 29.9 |
| 2023 | 3.00 | 34.2 |
| 2022 | 2.68 | 35.8 |
| 2021 | 2.36 | 40.2 |
HISTORY AND BUSINESS
HISTORY: Incorporated in Ireland. Formerly known as Ingersoll-Rand plc (to 24 February 2020).
BUSINESS: Classified by the SEC under Standard Industrial Classification 3822, Auto Controls For Regulating Residential & Comml Environments. Large accelerated filer. Principal executive office: 170/175 Lakeview Drive, Airside Business Park, Swords,, Co. Dublin, L2 00000. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 21,322 | 19,838 | 17,678 |
| Research and development | 348 | 310 | 252 |
| Selling, general and administrative | 3,743 | 3,580 | 2,963 |
| Depreciation and amortization | 376 | 379 | 348 |
| Operating income | 3,967 | 3,500 | 2,894 |
| Interest expense | 227 | 238 | 234 |
| Income before income taxes | 3,679 | 3,242 | 2,567 |
| Income taxes | 706 | 628 | 498 |
| Net income | 2,919 | 2,568 | 2,024 |
| Earned per share, diluted ($) | 12.98 | 11.24 | 8.77 |
| Dividends per share ($) | 3.76 | 3.36 | 3.00 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Cash and equivalents | 1,763 | 1,590 |
| Receivables, net | 3,235 | 3,090 |
| Inventories | 2,104 | 1,972 |
| Total current assets | 7,863 | 7,338 |
| Property, plant and equipment, net | 2,251 | 2,024 |
| Goodwill | 6,457 | 6,128 |
| Total assets | 21,421 | 20,147 |
| Total current liabilities | 6,287 | 6,069 |
| Long-term debt | 3,922 | 4,318 |
| Total liabilities | 12,820 | 12,660 |
| Stockholders' equity | 8,579 | 7,457 |
| Total liabilities and equity | 21,421 | 20,147 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 21,322 | 3,967 | 2,919 | 13.7 | 12.98 | 3.76 | 3,194 | 383 | 2,812 | 21,421 | 12,820 | 4,615 | 8,579 | 34.0 | 0.54 |
| 12/31/24 | 19,838 | 3,500 | 2,568 | 12.9 | 11.24 | 3.36 | 3,146 | 371 | 2,775 | 20,147 | 12,660 | 4,770 | 7,457 | 34.4 | 0.64 |
| 12/31/23 | 17,678 | 2,894 | 2,024 | 11.4 | 8.77 | 3.00 | 2,390 | 301 | 2,089 | 19,392 | 12,375 | 4,780 | 6,995 | 28.9 | 0.68 |
| 12/31/22 | 15,992 | 2,419 | 1,756 | 11.0 | 7.48 | 2.68 | 1,504 | 292 | 1,212 | 18,082 | 11,976 | 4,836 | 6,089 | 28.8 | 0.79 |
| 12/31/21 | 14,136 | 2,023 | 1,423 | 10.1 | 5.87 | 2.36 | 1,588 | 223 | 1,365 | 18,060 | 11,787 | 4,842 | 6,256 | 22.8 | 0.77 |
| 12/31/20 | 12,455 | 1,533 | 855 | 6.9 | 3.52 | 2.12 | 1,435 | 146 | 1,289 | 18,157 | 11,730 | 5,272 | 6,408 | 13.3 | 0.82 |
| 12/31/19 | 13,076 | 1,670 | 1,411 | 10.8 | 5.77 | 2.12 | 1,920 | 205 | 1,714 | 20,492 | 13,180 | 5,573 | 7,268 | 19.4 | 0.77 |
| 12/31/18 | 12,344 | 1,512 | 1,338 | 10.8 | 5.35 | 1.96 | 1,408 | 285 | 1,123 | 17,915 | 10,850 | 4,091 | 7,023 | 19.0 | 0.58 |
| 12/31/17 | 14,198 | 1,665 | 1,303 | 9.2 | 5.05 | 1.70 | 1,524 | 221 | 1,302 | 18,173 | 10,966 | 4,057 | 7,140 | 18.2 | 0.57 |
| 12/31/16 | 13,509 | 1,603 | 1,476 | 10.9 | 5.65 | 1.16 | 1,522 | 183 | 1,339 | 17,397 | 10,679 | 4,203 | 6,644 | 22.2 | 0.63 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
Trane Technologies plc
CIK 1466258 · EIN 00-0000000
PRINCIPAL OFFICE:
170/175 Lakeview Drive, Airside Business Park, Swords,, Co. Dublin, L2 00000
Tel.: 732-652-7000
INCORPORATED:
Ireland
INDUSTRY (SEC SIC CODE):
3822 · Auto Controls For Regulating Residential & Comml Environments
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 5 February 2026
FORMER NAMES:
Ingersoll-Rand plc
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/5/26) · 10-K FY2024 (filed 2/6/25) · 10-K FY2023 (filed 2/8/24) · 10-K FY2022 (filed 2/10/23) · 10-K FY2021 (filed 2/7/22) · 10-K FY2020 (filed 2/9/21) · 10-K FY2019 (filed 2/18/20) · 10-K FY2018 (filed 2/12/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.