Trane Technologies Income Statement
TT / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Trane Technologies reported $21.3B in revenue and $2.9B in net income for FY2025. Revenue has grown at a 2.7% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- High Piotroski F-Score: 8/9 (strong financial health signals)
- Strong return on equity: 35.2%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.3B | $19.8B | $17.7B | $16.0B | $14.1B | $12.5B | $13.1B | $12.3B | $14.2B | $13.5B | $13.3B | $12.9B | $12.4B | $12.0B | $14.8B |
| Cost of Revenue | - | - | - | - | - | $8.7B | $9.1B | $8.6B | $9.8B | $9.3B | $9.3B | $9.0B | $8.7B | $8.5B | $9.3B |
| SG&A Expense | $3.7B | $3.6B | $3.0B | $2.5B | $2.4B | $2.3B | $2.3B | $2.2B | $2.7B | $2.6B | $2.5B | $2.5B | $2.5B | $2.4B | $2.4B |
| R&D Expense | $347.6M | $309.6M | $252.3M | $211.2M | $193.5M | $165.0M | $174.2M | $166.7M | $210.8M | $207.9M | $205.9M | $212.3M | $218.2M | $235.4M | $218.4M |
| Operating Income | $4.0B | $3.5B | $2.9B | $2.4B | $2.0B | $1.5B | $1.7B | $1.5B | $1.7B | $1.6B | $1.5B | $1.4B | $1.1B | $1.1B | $438.7M |
| Interest Expense | $226.7M | $238.4M | $234.5M | $223.5M | $233.7M | $248.7M | $242.8M | $221.0M | $215.8M | $221.5M | $223.0M | $225.3M | $278.8M | $252.0M | $278.5M |
| Income Tax | $705.9M | $627.6M | $498.4M | $375.9M | $333.5M | $296.8M | $238.6M | $234.9M | $80.2M | $281.5M | $540.8M | $293.7M | $189.0M | $56.0M | $45.4M |
| Net Income | $2.9B | $2.6B | $2.0B | $1.8B | $1.4B | $854.9M | $1.4B | $1.3B | $1.3B | $1.5B | $664.6M | $931.7M | $618.8M | $1.0B | $343.2M |
| EPS (Basic) | $8.85 | $7.55 | $5.96 | $3.56 | $5.84 | $5.41 | $5.11 | $5.70 | $2.51 | $3.44 | $2.11 | $3.35 | $1.06 | $1.98 | $1.41 |
| EPS (Diluted) | $8.77 | $7.48 | $5.87 | $3.52 | $5.77 | $5.35 | $5.05 | $5.65 | $2.48 | $3.40 | $2.07 | $3.28 | $1.01 | $1.89 | $1.37 |
| Shares Outstanding | 230.7M | 251.7M | 253.3M | 243.1M | 244.4M | 250.1M | 258.1M | 261.7M | 267.8M | 274.3M | 298.3M | 310.6M | 339.3M | 339.8M | 329.1M |
| Operating Margin | 18.6% | 17.6% | 16.4% | 15.1% | 14.3% | 12.3% | 12.8% | 12.3% | 11.7% | 11.9% | 11.2% | 10.9% | 8.9% | 8.9% | 3.0% |
| Profit Margin | 13.7% | 12.9% | 11.5% | 11.0% | 10.1% | 6.9% | 10.8% | 10.8% | 9.2% | 10.9% | 5.0% | 7.2% | 5.0% | 8.5% | 2.3% |