Stock Analysis
Trane Technologies plcTT
P/E 34.24×· 5Y range 19.80–39.25×· 66th percentile of history
Sector: Technology · Industry: Auto Controls For Regulating Residential & Comml Environments
AnalystsBuy33 analystsP/E 34.2× sits at the 66th percentile of its 5.0978781656399725-year history.
Cash covers 29% of debt · Q2 2026.
PMP Verdict
High quality, fairly valued
Strengths
- Quality95
- Profitability90
Strong fundamentals at a reasonable valuation.
Bull Case
- ✓Piotroski F-Score 8/9 — high earnings quality
- ✓Altman Z 5.4 — safe-zone balance sheet
- ✓ROE 34.1% — efficient capital deployment
- ✓Revenue CAGR 10.8% — durable top-line growth
- ✓Interest coverage 18.4× — debt well covered
What's happening with TT
Profile
Strong earnings quality, profitability, growth and moat; valuation lags behind.
How is each axis scored?
- Valuation42/100 · Weak
- P/E vs own history (66th pct)5/25
- FCF yield (3.5%)12/25
- P/S (4.5x)20/25
- EV/EBIT (26.2x)5/25
- Growth85/100 · Strong
- Revenue CAGR (10.8%)20/25
- Net income CAGR (19.7%)20/25
- EPS CAGR 5Y (19.6%)20/25
- Fwd implied growth (32.2%)25/25
- Profitability90/100 · Strong
- ROIC (26.4%)25/25
- ROE (34.1%)25/25
- Net margin (13.3%)20/25
- Operating margin (17.9%)20/25
- Financial Health74/100 · Moderate
- Altman Z (5.41)25/25
- Current ratio (1.07)12/25
- Interest coverage (18.4x)25/25
- Net cash / debt (D/A 14%)12/25
- Quality95/100 · Strong
- Piotroski F (8/9)25/25
- Beneish M (-2.45)20/25
- FCF conversion (120%)25/25
- Margin stability (σ 3.6%)25/25
- Moat81/100 · Strong
- ROIC >12% years (10/10 yrs)25/25
- Median gross margin (31.0%)13/25
- FCF-positive years (10/10 yrs)25/25
- Worst-year net margin (worst 6.9%)18/25
About Trane Technologies plc
Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. Show more
The company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for approximately 80% of its revenue, with 13% from EMEA and 7% Asia-Pacific. The company was formed in 2020 when its former parent, Ingersoll Rand, merged with Gardner Denver in a tax-advantaged reverse Morris trust transaction.
Headquarters: CO. DUBLIN, L2 · Employees: 44,000 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
42D+P/E (TTM)34.2xC
Grade C: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 19.8x–39.3x · 66th pct
P/FCF28.4xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield3.5%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 1.8%–5.0% · 83rd pct
P/S (TTM)4.55xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 5Y history: 2.0x–5.5x · 75th pct
EV/EBIT26.2xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 18.9x–29.8x · 59th pct
EV/Sales4.7xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E25.9xC
Grade C: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio11.68xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio2.13C
Grade C: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield0.87%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio29.9%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
90A+ROIC26.4%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE34.1%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA13.2%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin13.3%A
Grade A: HighNet Income / Revenue
Operating Margin17.9%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin35.4%C
Grade C: AverageGross Profit / Revenue
FCF Margin16.0%A
Grade A: HighFCF / Revenue
True FCF Margin15.6%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
85ARevenue CAGR10.8%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR19.7%A
Grade A: HighCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)19.6%A
Grade A: HighCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth32.2%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-9.6%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income3.1%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.4%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
74B+Altman Z-Score5.41A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.07xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio0.76xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage18.4xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment0.9yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT0.8xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.53xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.29xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
95A+Piotroski F-Score8/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-2.45A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion120.3%A
Grade A: StrongFCF / Net Income
Margin Stability3.6%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue1.5%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.99xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Regnery David S Filed | Regnery David S | Option exercise | -48091 | |
Regnery David S Filed | Regnery David S | SellOpen market sale | -48091 | |
Regnery David S Filed | Regnery David S | Option exercise | +48.1K | |
Regnery David S Filed | Regnery David S | Option exercise | -43778 | |
Regnery David S Filed | Regnery David S | SellOpen market sale | -43778 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Regnery David S Filed | Regnery David S | Option exercise | +43.8K | |
Schaeffer Melissa N. Filed | Schaeffer Melissa N. | SellOpen market sale | -145 | |
Simmons Donald E. Filed | Simmons Donald E. | Grant / award | +3.1K |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
81AROIC >12% Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)31.0%C
Grade C: ModerateMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor6.9%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$13.40
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$5.98
Cash & short-term investments per share (Finnhub)
Book Value / Share$39.14
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$4.62B
Total debt obligations (short + long term)
Cash & Equiv.$1.32B
Cash and short-term investments
Net Debt$3.30B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$8.65B
Shareholders' equity (book value)
Asset / Liability1.57xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$100.97B
Current Market Capitalization
Beta1.19B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Trane Technologies plc (TT)
Trane Technologies plc meets 8 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 5.41 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.45 suggests a low likelihood of earnings manipulation.
- Trane Technologies plc converts about 16% of revenue into free cash flow — strong cash generation.
- Takes ~0.9 years to repay net debt from free cash flow.
- Return on equity of 34.1% is well above the market average.
See how TT ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all TT moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | Regular | 458.14 | -2.79% | -2.81 |
| Oct 15 | After-hours | 447.79 | -4.99% | -4.70 |
| Oct 14 | After-hours | 469.00 | -1.88% | -2.30 |
| Sep 25 | Regular | 455.66 | +3.90% | 3.45 |
| Sep 25 | After-hours | 454.44 | +3.63% | 3.22 |
Frequently Asked Questions about TT
What is the current Trane Technologies plc (TT) stock price?
TT is trading at $458.89 at the last market close, up 0.33% on the session. PreMarketPrice tracks TT pre-market, intraday and after-hours prices.
Is TT stock a buy right now?
PreMarketPrice's quantitative model rates Trane Technologies plc's financial health at 74/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is TT stock overvalued?
Trane Technologies plc trades at a trailing P/E of 34.2 and our valuation score rates it 42/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Trane Technologies plc report earnings?
No confirmed earnings date is currently scheduled for TT. The Earnings section lists recent reports and updates as dates are announced.
What sector does Trane Technologies plc operate in?
Trane Technologies plc operates in the Technology sector, within the Auto Controls For Regulating Residential & Comml Environments industry. The Related Stocks section lists sector peers for comparison.
What does Trane Technologies plc do?
Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands.
About Trane Technologies plc (TT) Stock
Trane Technologies plc (TT) is a US-listed stock operating in the Technology sector, specifically the Auto Controls For Regulating Residential & Comml Environments industry. As of the latest update, Trane Technologies plc is trading at $458.89, up 0.33% on the day with a market capitalization of $101.0 billion. The financial health score for TT is 74/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for TT stock.
TT Stock Analysis & Key Metrics
On PreMarketPrice, you can track Trane Technologies plc (TT) across multiple dimensions:
- Pre-market price & movement: Real-time TT stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for TT with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Trane Technologies plc across multiple reporting periods.
- Financial health score: A composite score of 74/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for TT.
- Sector peers: Compare TT against 4 other technology stocks on key financial metrics.
Is TT a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Trane Technologies plc (TT) as an investment. The financial health score of 74/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Trane Technologies plc (TT) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.