← Trane Technologies plc
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $13.5b | $14.2b | $15.7b | $16.6b | $12.5b | $14.1b | $16.0b | $17.7b | $19.8b | $21.3b | |
| Cost of Revenue | $9.3b | $9.8b | $10.8b | $11.5b | $8.7b | $9.7b | $11.0b | $11.8b | $12.8b | $13.6b | |
| Gross Profit (Calculated) | $4.2b | $4.4b | $4.8b | $5.1b | $3.8b | $4.5b | $5.0b | $5.9b | $7.1b | $7.7b | |
| Operating Income (Loss) | $1.6b | $1.7b | $1.9b | $2.0b | $1.5b | $2.0b | $2.4b | $2.9b | $3.5b | $4.0b | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $132.0m | $132.0m | $139.3m | $171.3m | $115.7m | $123.6m | $142.7m | $165.2m | $180.7m | $164.5m | |
| Benefit (provision) for income taxes | ($281.5m) | ($80.2m) | ($281.3m) | ($353.7m) | ($296.8m) | ($333.5m) | ($375.9m) | ($498.4m) | ($627.6m) | ($705.9m) | |
| Capitalized Computer Software, Amortization | $35.9m | $28.6m | $25.7m | $25.3m | $50.2m | $45.7m | $42.1m | $36.5m | $38.2m | $34.8m | |
| Continuing operations | $6 | $5 | $5 | $6 | $4 | $6 | $8 | $9 | $11 | $13 | |
| Discontinued operations | $0 | ($0) | ($0) | $0 | ($0) | ($0) | ($0) | ($0) | ($0) | ($0) | |
| Discontinued operations, net of tax | $32.9m | ($25.4m) | ($21.5m) | $40.6m | ($121.4m) | ($20.6m) | ($21.5m) | ($27.2m) | ($24.7m) | ($37.0m) | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | ($52.2m) | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($2.0m) | ($8.8m) | ($17.6m) | ($12.3m) | ($10.0m) | ($10.7m) | ($17.9m) | ($20.1m) | ($24.1m) | ($15.4m) | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | — | — | — | — | — | — | — | |
| Income (Loss) Attributable to Parent, before Tax | — | — | — | — | — | — | — | $2.6b | $3.2b | $3.7b | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $419.8m | ($17.6m) | $971.6m | $960.6m | $653.9m | $995.5m | $1.3b | $1.7b | $1.9b | $3.0b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest | — | — | ($15.1m) | ($15.2m) | ($14.2m) | ($13.2m) | ($18.2m) | ($17.8m) | ($21.6m) | ($17.1m) | |
| Income (Loss) from Continuing Operations, Per Basic Share | $6 | $5 | $6 | $6 | $4 | $6 | $8 | $9 | $11 | $13 | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $6 | $5 | $5 | $6 | $4 | $6 | $8 | $9 | $11 | $13 | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Noncontrolling Interest | — | — | ($4.8m) | ($2.4m) | ($900k) | $0 | $0 | — | — | — | |
| Income (Loss) from Equity Method Investments | $0 | $0 | $0 | $0 | — | — | — | — | — | — | |
| Interest Income, Other | — | — | — | — | $4.5m | $4.0m | $9.2m | $15.4m | $35.9m | $9.0m | |
| Investment Income, Interest | $8.0m | $9.4m | $6.4m | $3.1m | — | — | — | — | — | — | |
| Net earnings | $1.5b | $1.3b | $1.4b | $1.4b | $870.0m | $1.4b | $1.8b | $2.0b | $2.6b | $2.9b | |
| Net earnings (loss) attributable to Trane Technologies plc | $1.5b | $1.3b | $1.3b | $1.4b | $854.9m | $1.4b | $1.8b | $2.0b | $2.6b | $2.9b | |
| Other, net | $389.7m | ($31.6m) | ($36.4m) | ($33.0m) | $4.1m | $1.1m | ($23.3m) | ($92.2m) | ($19.9m) | ($62.1m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $1.7b | $1.4b | $1.7b | $1.7b | $1.3b | $1.8b | $2.2b | $2.6b | $3.2b | $3.7b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $1.4b | $1.3b | $1.4b | $1.4b | $977.2m | $1.4b | $1.8b | $2.1b | $2.6b | $3.0b | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $1.5b | $1.3b | $1.4b | $1.4b | $991.4m | $1.5b | $1.8b | $2.1b | $2.6b | $3.0b | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $32.9m | ($25.4m) | ($21.5m) | $40.6m | ($122.3m) | ($20.6m) | ($21.5m) | ($27.2m) | ($24.7m) | ($37.0m) | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $32.9m | ($25.4m) | ($21.5m) | $40.6m | ($121.4m) | ($20.6m) | ($21.5m) | ($27.2m) | ($24.7m) | ($37.0m) | |
| Net Income (Loss) Attributable to Parent | $1.5b | $1.3b | $1.3b | $1.4b | $854.9m | $1.4b | $1.8b | $2.0b | $2.6b | $2.9b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $16.5m | $9.7m | $19.9m | $17.6m | — | — | — | — | — | — | |
| Common Stock, Dividends, Per Share, Declared | $4.38 | $3.92 | $4.15 | $1.64 | $2.12 | $2.36 | $2.68 | $3.00 | $3.36 | $3.76 | |
| Earnings Per Share, Basic | $4.42 | $3.96 | $4.20 | $4.53 | $3.56 | $5.96 | $7.55 | $8.85 | $11.35 | $13.09 | |
| Earnings Per Share, Diluted | $4.38 | $3.92 | $4.15 | $4.48 | $3.52 | $5.87 | $7.48 | $8.77 | $11.24 | $12.98 | |
| Weighted Average Number of Shares Outstanding, Basic | 334.1m | 328.6m | 318.6m | 311.4m | 240.1m | 238.7m | 232.6m | 228.6m | 226.2m | 223.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 337.3m | 332.7m | 322.4m | 315.0m | 243.1m | 242.3m | 234.9m | 230.7m | 228.4m | 224.9m | |
| Cost of Product and Service Sold | ($9.3b) | ($9.8b) | ($10.8b) | ($11.5b) | ($8.7b) | ($9.7b) | ($11.0b) | ($11.8b) | ($12.7b) | ($13.6b) | |
| Current Income Tax Expense (Benefit) | $315.3m | $197.6m | $425.1m | $336.9m | $274.6m | $358.7m | $308.1m | $551.9m | $756.7m | $592.3m | |
| Interest Expense | $221.5m | $215.8m | $220.7m | $243.0m | $248.7m | $233.7m | $223.5m | $234.5m | $238.4m | $226.7m | |
| Nonoperating Income (Expense) | $389.7m | ($31.6m) | ($36.4m) | ($33.0m) | $4.1m | $1.1m | ($23.3m) | ($92.2m) | ($19.9m) | ($62.1m) | |
| Other Nonoperating Income (Expense) | $389.7m | ($31.6m) | ($36.4m) | ($33.0m) | $24.3m | $9.4m | ($4.0m) | ($67.5m) | ($20.1m) | ($20.9m) | |
| Research and Development Expense | $207.9m | $210.8m | — | $237.0m | $165.0m | $193.5m | $211.2m | $252.3m | $309.6m | $347.6m | |
| Restructuring Costs | — | — | — | — | — | — | — | — | $5.0m | ($31.2m) | |
| Restructuring and Related Cost, Incurred Cost | $35.5m | $61.7m | $93.4m | $90.1m | $75.7m | $27.0m | — | — | — | — | |
| Selling and administrative expenses | ($2.6b) | ($2.7b) | ($2.9b) | ($3.1b) | ($2.3b) | ($2.4b) | ($2.5b) | ($3.0b) | ($3.6b) | ($3.7b) | |
| Selling, General and Administrative Expense | $2.6b | $2.7b | $2.9b | $3.1b | $2.3b | $2.4b | $2.5b | $3.0b | $3.6b | $3.7b | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | — | — | $15.0m | — | — | — | |
| Income Tax Expense (Benefit) | $281.5m | $80.2m | $281.3m | $353.7m | $296.8m | $333.5m | $375.9m | $498.4m | $627.6m | $705.9m | |
| Other Operating Income (Expense), Net | $1.6b | $1.7b | $1.9b | $2.0b | $1.5b | $2.0b | $2.4b | $2.9b | ($19.9m) | ($44.7m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.