0.64%
-0.82%
-1.04%
9.58%
45.34%
111.62%
254.41%
AI Spotlight on TT
Company Description
Trane Technologies plc, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of solutions for heating, ventilation, air conditioning, and transport refrigeration.It offers air conditioners, exchangers, and handlers; airside and terminal devices; auxiliary power units; chillers; coils and condensers; gensets; furnaces; heat pumps; home automation products; humidifiers; hybrid and non-diesel transport refrigeration, and ice energy storage solutions; indoor air quality assessments and related products; large and light commercial unitary products; motor replacements; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps.The company also provides building management, control, ductless, geothermal, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, cryogenic, diesel-powered, electric-powered trailer and truck, hybrid-powered trailer, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration systems, as well as aftermarket and OEM parts and supplies.
In addition, it offers energy and facility management, installation and performance contracting, repair and maintenance, and rental services.It markets and sells its products under the Trane and Thermo King brands through sales offices, distributors, and dealers in the United States; and through sales and service companies with a supporting chain of distributors worldwide.The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020.
Trane Technologies plc was founded in 1885 and is headquartered in Swords, Ireland.
Market Data
| Last Price | 366.32 |
| Change Percentage | 0.64% |
| Open | 363.01 |
| Previous Close | 364 |
| Market Cap ( Millions) | 82431 |
| Volume | 2796575 |
| Year High | 422 |
| Year Low | 263.12 |
| M A 50 | 393.82 |
| M A 200 | 359.22 |
Financial Ratios
| FCF Yield | 3.46% |
| Dividend Yield | 0.92% |
| ROE | 25.04% |
| Debt / Equity | 48.88% |
| Net Debt / EBIDTA | 107.65% |
| Price To Book | 8.51 |
| Price Earnings Ratio | 42.52 |
| Price To FCF | 28.93 |
| Price To sales | 5.51 |
| EV / EBITDA | 28.98 |
News
- Jan -30 - Trane Technologies plc (TT) Q4 2024 Earnings Call Transcript
- Jan -30 - Trane Technologies Q4 Earnings & Revenues Beat Estimates, Rise Y/Y
- Jan -30 - Compared to Estimates, Trane Technologies (TT) Q4 Earnings: A Look at Key Metrics
- Jan -30 - Trane Technologies (TT) Beats Q4 Earnings and Revenue Estimates
- Jan -30 - Trane Technologies Reports Strong Fourth-Quarter and Full-Year 2024 Results; Robust Bookings and Backlog Provide Strong Visibility Entering 2025
- Jan -29 - Fortune Names Trane Technologies to World's Most Admired Companies List for Thirteenth Consecutive Year
- Jan -22 - Trane Technologies Named to Corporate Knights' 2025 Global 100
- Jan -15 - Chillers Market Global Outlook 2025-2029, with Profiles of Daikin, Trane Technologies, Carrier, Smardt Chiller, Drake Refrigeration, PolyScience, LG Electronics, Dimplex Thermal Solutions and Thermax
- Jan -12 - Trane Technologies: A Profitable Growth Stock For Green Investors
- Jan -09 - Trane Technologies Schedules Fourth Quarter 2024 Earnings Conference Call
- Jan -03 - Trane Technologies Completes Acquisition of BrainBox AI
- Dec -31 - Eaton: Recent Correction Is A Buying Opportunity
- Dec -28 - These Climate Solutions Stocks Have Turned Up the Heat in 2024. Can Their Rally Continue, or Will They Cool Off in 2025?
- Dec -27 - Strong Demand in Commercial HVAC Market Benefits Trane Technologies
- Dec -23 - Trane Technologies Named to S&P Dow Jones Sustainability World and North America Indices
- Dec -23 - Meet the High-Tech Construction Stock That's Already a 100-Bagger and Is Poised To Beat the Market in 2025
- Dec -22 - Meet the Construction Stock That's Quietly Crushing the Market (And Sees More Growth Ahead in 2025)
- Dec -18 - Trane Technologies to Acquire BrainBox AI
- Dec -17 - Mauro Atalla Joins Trane Technologies as Chief Technology and Sustainability Officer
- Dec -09 - Trane Technologies Announces New $5 Billion Share Repurchase Program
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Equipment
Expected Growth : 4.5 %
What the company do ?
Trane Technologies plc's Equipment segment offers commercial and residential heating, ventilation, and air conditioning (HVAC) systems, as well as energy services and building management systems.
Why we expect these perspectives ?
Trane Technologies plc's equipment segment growth of 4.5% is driven by increasing demand for energy-efficient HVAC systems, government incentives for sustainable infrastructure, and rising construction activities in commercial and residential markets. Additionally, the company's focus on innovation, digitalization, and strategic acquisitions are contributing to its growth momentum.
Segment nΒ°2 -> Services
Expected Growth : 5.5 %
What the company do ?
Trane Technologies plc offers a range of services including HVAC equipment maintenance, repair, and replacement, as well as energy management and building automation solutions.
Why we expect these perspectives ?
Trane Technologies plc's 5.5% growth in services is driven by increasing demand for energy-efficient solutions, growing adoption of digital technologies, and rising need for predictive maintenance. Additionally, the company's strategic acquisitions and expansion into new markets have contributed to its growth. Furthermore, the trend towards outsourcing non-core functions and the need for companies to reduce their carbon footprint are also contributing factors.
Trane Technologies Plc Products
| Product Range | What is it ? |
|---|---|
| Heating, Ventilation and Air Conditioning (HVAC) Systems | Trane Technologies provides a range of HVAC systems for residential, commercial, and industrial applications, including air conditioners, heat pumps, furnaces, and boilers. |
| Building Management Systems (BMS) | Trane Technologies offers BMS solutions that integrate HVAC, lighting, security, and other building systems to optimize energy efficiency and building performance. |
| Refrigeration Systems | Trane Technologies provides refrigeration systems for supermarkets, cold storage facilities, and industrial processes, ensuring optimal temperature control and food safety. |
| Transport Refrigeration Systems | Trane Technologies offers transport refrigeration systems for trucks, trailers, and containers, ensuring temperature control during transportation of perishable goods. |
| Air Quality and Filtration Systems | Trane Technologies provides air quality and filtration systems for residential, commercial, and industrial applications, improving indoor air quality and reducing airborne contaminants. |
| Energy Services and Solutions | Trane Technologies offers energy services and solutions, including energy audits, retro-commissioning, and energy management systems, to help customers reduce energy consumption and costs. |
Trane Technologies plc's Porter Forces
Threat Of Substitutes
Trane Technologies plc operates in the HVAC industry, where substitutes are limited. However, the increasing popularity of renewable energy sources and energy-efficient solutions could pose a moderate threat to the company's products.
Bargaining Power Of Customers
Trane Technologies plc has a diverse customer base, including commercial, industrial, and residential customers. The company's strong brand reputation and wide range of products reduce the bargaining power of customers.
Bargaining Power Of Suppliers
Trane Technologies plc relies on a network of suppliers for components and materials. While the company has some bargaining power due to its size, suppliers of specialized components may have some negotiating power.
Threat Of New Entrants
The HVAC industry has high barriers to entry, including significant capital requirements and regulatory hurdles. New entrants would need to invest heavily in research and development, manufacturing, and marketing to compete with established players like Trane Technologies plc.
Intensity Of Rivalry
The HVAC industry is highly competitive, with several established players competing for market share. Trane Technologies plc faces intense competition from companies like Carrier Global Corporation, Johnson Controls International plc, and Lennox International Inc.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 40.59% |
| Debt Cost | 6.09% |
| Equity Weight | 59.41% |
| Equity Cost | 9.90% |
| WACC | 8.35% |
| Leverage | 68.33% |
Trane Technologies plc : Quality Control
Trane Technologies plc passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| SGO.PA | Compagnie de Saint-Gobain S.A. designs, manufactures, and distributes materials and solutions for wellbeing worldwide. It operates through five segments: High Performance Solutions; Northern Europe; Southern Europe Β Middle East (ME) β¦ |
| INWI.ST | Inwido AB (publ), through its subsidiaries, develops, manufactures, and sells windows and doors. The company operates through four segments: e-Commerce, Scandinavia, Eastern Europe, and Western Europe. It offers wood, aluminum, β¦ |
| JCI | Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It β¦ |
| GEBN.SW | Geberit AG develops, produces, and distributes sanitary products and systems for the residential and commercial construction industry in Switzerland and internationally. The company offers installation and flushing systems, such as β¦ |
| BA.L | BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Cyber & Intelligence, Platforms & Services (US), Air, and Maritime. The Electronic β¦ |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Saint-Gobain
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Inwido
A-Score
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BAE Systems
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4
Trane Technologies
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5
Johnson Controls
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1-Year Total Return ->
6
