TT - Trane Technologies plc
NYSE
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Industrials
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Specialty Industrial Machinery
Swords,
Ireland
Type: Equity
TT price evolution
TT
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $874.6 | $849.9 | $1095.3 | |
| Short term investments | $451.2 | |||
| Net receivables | $3856.2 | $3433.3 | $2939.8 | $2956.8 |
| Inventory | $2033.4 | $2203.5 | $2382.7 | $2152.1 |
| Total current assets | $8099.7 | $7714 | $6887.2 | $6869.9 |
| Long term investments | ||||
| Property, plant & equipment | $1906.6 | $1827.8 | $1788.3 | $1772.2 |
| Goodwill & intangible assets | $9409.3 | $9450.6 | $9535.1 | |
| Total noncurrent assets | $12485.2 | $12454 | $12522 | |
| Total investments | $451.2 | |||
| Total assets | $20903.7 | $20199.2 | $19341.2 | $19391.9 |
| Current liabilities | ||||
| Accounts payable | $2194.8 | $2180.1 | $2008.3 | $2025.2 |
| Deferred revenue | ||||
| Short long term debt | $952 | $902.1 | $801.9 | |
| Total current liabilities | $6628.9 | $6592.4 | $6101.9 | $6053.5 |
| Long term debt | $4317.1 | $4316.2 | $3978.7 | $3977.9 |
| Total noncurrent liabilities | $6639.2 | $6328.5 | $6321.4 | |
| Total debt | $5268.2 | $4880.8 | $4779.8 | |
| Total liabilities | $13312.2 | $13231.6 | $12430.4 | $12374.9 |
| Shareholders' equity | ||||
| Retained earnings | $9697.6 | $9194.7 | $9104.2 | $9133.7 |
| Other shareholder equity | -$636.4 | -$778.4 | -$746.3 | -$670.8 |
| Total shareholder equity | $6947.3 | $6889.7 | $6995.2 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1095.3 | $1220.5 | $2159.2 | $3289.9 |
| Short term investments | ||||
| Net receivables | $2956.8 | $2981.3 | $2429.4 | $2202.1 |
| Inventory | $2152.1 | $1993.8 | $1530.8 | $1189.2 |
| Total current assets | $6869.9 | $6379.2 | $6470.9 | $6905.6 |
| Long term investments | $53.6 | |||
| Property, plant & equipment | $1772.2 | $1998.6 | $1398.8 | $1349.5 |
| Goodwill & intangible assets | $9535.1 | $8767.7 | $8810.4 | $8629.2 |
| Total noncurrent assets | $12522 | $11702.4 | $11588.9 | $11251.1 |
| Total investments | ||||
| Total assets | $19391.9 | $18081.6 | $18059.8 | $18156.7 |
| Current liabilities | ||||
| Accounts payable | $2025.2 | $2091.6 | $1787.3 | $1520.2 |
| Deferred revenue | ||||
| Short long term debt | $801.9 | $1048 | $350.4 | $775.6 |
| Total current liabilities | $6053.5 | $5686.8 | $4752.4 | $4338.9 |
| Long term debt | $3977.9 | $3788.3 | $4491.7 | $4496.5 |
| Total noncurrent liabilities | $6321.4 | $6289.6 | $7034.3 | $7390.7 |
| Total debt | $4779.8 | $4836.3 | $4842.1 | $5272.1 |
| Total liabilities | $12374.9 | $11993 | $11786.7 | $11729.6 |
| Shareholders' equity | ||||
| Retained earnings | $9133.7 | $8320.9 | $8353.2 | $8495.3 |
| Other shareholder equity | -$670.8 | -$766.2 | -$637.6 | -$631.5 |
| Total shareholder equity | $6995.2 | $6088.6 | $6255.9 | $6407.7 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $5441.2 | $5307.4 | $4215.5 | $4424.1 |
| Cost of revenue | $3371.9 | $2755.6 | $2952.8 | |
| Gross Profit | $1974.4 | $1935.5 | $1459.9 | $1471.3 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $901.3 | $826.1 | $783.7 | |
| Total operating expenses | $949.8 | $901.3 | $826.1 | $875.9 |
| Operating income | $1034.2 | $633.8 | $595.4 | |
| Income from continuing operations | ||||
| EBIT | $1018.6 | $599.9 | $659.9 | |
| Income tax expense | $181.1 | $205.8 | $105.5 | $98.2 |
| Interest expense | -$50.6 | $57.5 | $58.1 | $57.4 |
| Net income | ||||
| Net income | $772 | $755.3 | $436.3 | $504.3 |
| Income (for common shares) | $755.3 | $436.3 | $504.3 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $17677.6 | $15991.7 | $14136.4 | $12454.7 |
| Cost of revenue | $11820.4 | $11026.9 | $9666.8 | $8651.3 |
| Gross Profit | $5857.2 | $4964.8 | $4469.6 | $3803.4 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $2963.2 | $2545.9 | $2446.3 | $2270.6 |
| Total operating expenses | $3055.4 | $2569.2 | $2445.2 | $2270.6 |
| Operating income | $2801.8 | $2395.6 | $2024.4 | $1532.8 |
| Income from continuing operations | ||||
| EBIT | $2756.8 | $2355.9 | $1990.6 | $1400.4 |
| Income tax expense | $498.4 | $375.9 | $333.5 | $296.8 |
| Interest expense | $234.5 | $223.5 | $233.7 | $248.7 |
| Net income | ||||
| Net income | $2023.9 | $1756.5 | $1423.4 | $854.9 |
| Income (for common shares) | $2023.9 | $1756.5 | $1423.4 | $854.9 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | $755.3 | $436.3 | $504.3 | |
| Operating activities | ||||
| Depreciation | $96.2 | $91.5 | $87.9 | |
| Business acquisitions & disposals | -$5.2 | -$352.6 | ||
| Stock-based compensation | $23.5 | $19.8 | $10.4 | |
| Total cash flows from operations | $695.9 | $247.2 | $934.8 | |
| Investing activities | ||||
| Capital expenditures | -$72.9 | -$83.8 | -$74.3 | |
| Investments | -$450 | |||
| Total cash flows from investing | -$886.6 | -$544.9 | -$81.7 | -$436.1 |
| Financing activities | ||||
| Dividends paid | -$568.8 | -$189.9 | -$189.5 | -$170.7 |
| Sale and purchase of stock | -$308.6 | -$294.2 | -$181.2 | |
| Net borrowings | $778.9 | $199.8 | -$91.3 | |
| Total cash flows from financing | -$990.2 | -$117.6 | -$386.7 | -$398.2 |
| Effect of exchange rate | $5.8 | -$8.7 | -$24.2 | $34.8 |
| Change in cash and equivalents | $374.7 | $24.7 | -$245.4 | $135.3 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $2023.9 | $1756.5 | $1423.4 | $854.9 |
| Operating activities | ||||
| Depreciation | $348.1 | $323.6 | $299.4 | $294.3 |
| Business acquisitions & disposals | -$862.8 | -$234.7 | -$269.2 | -$193.6 |
| Stock-based compensation | $64.3 | $56.3 | $66.5 | $69.5 |
| Total cash flows from operations | $2389.6 | $1504 | $1588.3 | $1435 |
| Investing activities | ||||
| Capital expenditures | -$291.5 | -$282.1 | -$207.9 | -$146.1 |
| Investments | ||||
| Total cash flows from investing | -$1172.2 | -$540.4 | -$545.7 | -$376.2 |
| Financing activities | ||||
| Dividends paid | -$683.7 | -$620.2 | -$561.1 | -$507.3 |
| Sale and purchase of stock | -$590 | -$1197.6 | -$1022 | -$185.5 |
| Net borrowings | -$121 | -$11.7 | -$867.7 | -$618.6 |
| Total cash flows from financing | -$1350.3 | -$1852.2 | -$2127.6 | $884.3 |
| Effect of exchange rate | $7.7 | -$50.1 | -$45.7 | $68.2 |
| Change in cash and equivalents | -$125.2 | -$938.7 | -$1130.7 | $2011.3 |
News
Fundamentals
| Market cap | $93.55B |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 225.20M |
| Revenue | $19.39B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $2.47B |
| Revenue Q/Q | 11.43% |
| Revenue Y/Y | 11.89% |
| P/E ratio | 37.91 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 4.82 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | $10.96 |
|---|---|
| ROA | 12.36% |
| ROE | N/A |
| Debt/Equity | 1.77 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 1.22 |
| Quick ratio | 0.92 |