선택적 제품 분석
허용하는 경우 개인정보 보호를 고려한 제한적 분석을 사용해 어떤 리서치 여정이 효과적인지 파악합니다. 광고 추적기나 세션 녹화는 사용하지 않습니다. 환경설정에서 이 선택을 변경할 수 있습니다. 자세한 내용은 개인정보 처리방침.
Trane Technologies plc's published Sell conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.
| Market cap | $97.9B | |
|---|---|---|
| P/E (forward) | 25.2x |
Recent price action with selectable time range.
| Item | P1 | P2 | P3 | P4 | P5 | Trend |
|---|---|---|---|---|---|---|
| Period | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Trend |
| Revenue | $14.14B | $15.99B | $17.68B | $19.84B | $21.32B | +10.8% |
| Gross profit | $4.47B | $4.96B | $5.86B | $7.08B | $7.71B | +14.6% |
| Operating income | $2.02B | $2.42B | $2.89B | $3.50B | $3.97B | +18.3% |
| Net income | $1.42B | $1.76B | $2.02B | $2.57B | $2.92B | +19.7% |
| EPS (diluted) | $5.87 | $7.48 | $8.77 | $11.24 | $12.98 | +21.9% |
| EBITDA | $2.32B | $2.72B | $3.15B | $3.86B | $4.21B | +16.0% |
| R&D | $193.5M | $211.2M | $252.3M | $309.6M | $347.6M | +15.8% |
| SG&A | $2.45B | $2.55B | $2.96B | $3.58B | $3.74B | +11.2% |
Recent company headlines from major financial publishers.
The modal Base case reflects orderly conversion of Trane's $12.1 billion backlog, steady applied equipment demand, and disciplined pricing that gradually overcomes component cost inflation. EMEA stabilizes as cost actions take effect, while Americas execution drives modest operating margin expansion to 18.8% in 2026 and 19.0% in 2027. This path underpins our composite fair value midpoint of $312.62.
In the Bull case, data center thermal management requirements expand exponentially, driving accelerated conversion of Trane's record $12.1 billion backlog. Trane's direct engineering channel and proprietary chiller solutions capture outsized share in hyperscale facilities, while heat pump adoption in commercial buildings accelerates. Operating leverage in the Americas offsets European softness, driving adjusted EPS toward $18.50 by 2027 and supporting our high-end valuation boundary of $376.49.
| Ke ↓ / g → | 2.5% | 2.8% | 3.0% | 3.3% | 3.5% |
|---|---|---|---|---|---|
| 8.9% | $336 | $343 | $350 | $357 | $365 |
| 9.4% | $319 | $324 | $330 | $336 | $343 |
| 9.9% | $303 | $308 | $313 | $318 | $323 |
| 10.4% | $290 | $294 | $298 | $302 | $307 |
| 10.9% | $278 | $281 | $284 | $288 | $292 |
Upcoming earnings date and setup when available.
매월 발행된 리서치 판이 부여한 등급입니다. 등급은 분석 시점의 가격을 공정 가치와 비교한 것이며, 판단이 맞았는지에 대한 기록이 아닙니다.
| 연도 | 1월 | 2월 | 3월 | 4월 | 5월 | 6월 | 7월 | 8월 | 9월 | 10월 | 11월 | 12월 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 |
