Income Statement - Trane Technologies plc (TT)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 21,321.90 | 19,838.20 | 17,677.60 | 15,991.70 | 14,136.40 | 12,454.70 | 13,075.90 | 12,343.80 | 14,197.60 | 13,508.90 | 13,300.70 | 12,891.40 | 12,350.50 | 11,988.30 | 14,782.00 | 14,079.10 | 13,195.30 | 13,227.40 | 8,763.10 | 11,409.30 |
| Cost of revenue | 13,611.70 | 12,757.70 | 11,820.40 | 11,026.90 | 9,666.80 | 8,651.30 | 9,085.50 | 8,582.50 | 9,811.60 | 9,329.30 | 9,301.60 | 8,982.80 | 8,675.50 | 8,533.50 | 10,493.60 | 10,158.50 | 9,645.10 | 9,559.80 | 6,272.00 | 8,424.20 |
| Gross profit | 7,710.20 | 7,080.50 | 5,857.20 | 4,964.80 | 4,469.60 | 3,803.40 | 4,027.70 | 3,761.30 | 4,386.00 | 4,201.00 | 3,999.10 | 3,908.60 | 3,628.20 | 3,454.80 | 4,288.40 | 3,941.20 | 3,550.20 | 3,667.60 | 2,491.10 | 2,985.10 |
| Total operating expenses | 3,742.80 | 3,580.40 | 2,963.20 | 2,545.90 | 2,446.30 | 2,270.60 | 2,357.60 | 2,249.20 | 2,705.80 | 2,606.50 | 2,541.10 | 2,503.90 | 2,523.20 | 2,382.90 | 2,781.20 | 2,673.10 | 2,708.60 | 2,440.50 | 1,433.30 | 1,544.30 |
| Operating income | 3,967.40 | 3,500.10 | 2,894.00 | 2,418.90 | 2,023.30 | 1,532.80 | 1,670.10 | 1,512.10 | 1,665.30 | 1,603.20 | 1,458.00 | 1,404.70 | 1,105.00 | 1,095.20 | 1,519.20 | 1,292.80 | 841.60 | 1,227.10 | 1,057.80 | 1,440.80 |
| Non-operating income (net) | -288.80 | -258.30 | -326.70 | -246.80 | -232.60 | -244.60 | -271.20 | -254.30 | -247.40 | 138.10 | -210.10 | -195.30 | -275.40 | -247.20 | -905.90 | -286.20 | -282.50 | -3,983.10 | -120.30 | -125.90 |
| Income before tax | 3,678.60 | 3,241.80 | 2,567.30 | 2,172.10 | 1,790.70 | 1,288.20 | 1,398.90 | 1,257.80 | 1,417.90 | 1,741.30 | 1,247.90 | 1,209.40 | 829.60 | 848.00 | 613.30 | 1,006.60 | 559.10 | -2,756.00 | 937.50 | 1,314.90 |
| Income tax expense | 705.90 | 627.60 | 498.40 | 375.90 | 333.50 | 296.80 | 238.60 | 234.90 | 80.20 | 281.50 | 540.80 | 293.70 | 189.00 | 56.00 | 187.20 | 228.10 | 71.30 | -208.60 | 204.40 | 231.70 |
| Net income | 2,918.60 | 2,567.90 | 2,023.90 | 1,756.50 | 1,423.40 | 854.90 | 1,410.90 | 1,337.60 | 1,302.60 | 1,476.20 | 664.60 | 931.70 | 618.80 | 1,006.20 | 426.10 | 642.20 | 451.30 | -2,624.80 | 3,966.70 | 1,032.50 |
Show Quarterly Income Statement
Income Statement - Trane Technologies plc (TT)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 4,969.40 | 5,144.50 | 5,742.50 | 5,746.40 | 4,688.50 | 4,874.00 | 5,441.20 | 5,307.40 | 4,215.50 | 4,424.10 | 4,882.90 | 4,704.70 | 3,665.80 | 4,073.90 | 4,371.90 | 4,190.40 | 3,355.50 | 3,569.30 | 3,719.80 | 3,829.70 | 3,017.60 | 3,179.10 | 3,495.50 | 3,138.80 | 2,641.30 | 3,183.70 | 3,470.90 | 3,617.60 | 2,803.70 | 3,895.10 | 4,030.90 | 4,357.70 | 3,384.50 | 3,618.10 | 3,670.50 | 3,908.40 | 3,000.60 | 3,358.80 | 3,567.80 | 3,688.20 | 2,894.10 | 3,325.80 | 3,486.90 | 3,600.20 | 2,887.80 | 3,240.50 | 3,385.00 | 3,542.90 | 2,722.90 | 3,098.90 | 3,214.20 | 3,398.40 | 2,639.00 | 3,470.20 | 3,592.80 | 3,821.30 | 3,150.70 | 3,453.80 | 3,928.50 | 3,892.20 | 3,138.00 | 3,711.70 | 3,730.30 | 3,703.40 | 2,953.40 | 3,305.90 | 3,482.70 | 3,473.80 | 2,932.90 | 3,670.10 | 4,313.20 | 3,080.80 | 2,163.30 | 2,323.30 | 2,239.00 | 2,224.60 | 1,976.20 | 2,890.40 | 2,038.00 | 2,048.00 | 2,523.20 |
| Cost of revenue | 3,241.30 | 3,390.60 | 3,624.30 | 3,585.80 | 3,011.00 | 3,163.20 | 3,466.80 | 3,371.90 | 2,755.60 | 2,952.80 | 3,224.80 | 3,120.30 | 2,522.30 | 2,854.40 | 2,939.10 | 2,867.00 | 2,366.50 | 2,527.80 | 2,515.60 | 2,559.00 | 2,064.40 | 2,231.20 | 2,360.80 | 2,160.50 | 1,898.80 | 2,257.20 | 2,352.60 | 2,462.80 | 1,989.20 | 2,745.00 | 2,718.30 | 2,964.10 | 2,420.20 | 2,542.40 | 2,489.90 | 2,653.10 | 2,126.10 | 2,351.30 | 2,418.70 | 2,512.30 | 2,047.00 | 2,341.00 | 2,379.40 | 2,494.50 | 2,086.70 | 2,261.10 | 2,327.00 | 2,439.90 | 1,954.80 | 2,212.00 | 2,217.70 | 2,377.50 | 1,902.10 | 2,410.50 | 2,454.40 | 2,644.00 | 2,249.40 | 2,461.00 | 2,771.80 | 2,708.40 | 2,249.80 | 2,700.80 | 2,651.40 | 2,655.80 | 2,173.30 | 2,411.70 | 2,486.60 | 2,540.40 | 2,206.40 | 2,801.70 | 3,209.40 | 2,196.10 | 1,540.90 | 1,658.20 | 1,608.20 | 1,589.70 | 1,415.90 | 2,166.90 | 1,465.40 | 1,463.10 | 1,851.20 |
| Gross profit | 1,728.10 | 1,753.90 | 2,118.20 | 2,160.60 | 1,677.50 | 1,710.80 | 1,974.40 | 1,935.50 | 1,459.90 | 1,471.30 | 1,658.10 | 1,584.40 | 1,143.50 | 1,219.50 | 1,432.80 | 1,323.40 | 989.00 | 1,041.50 | 1,204.20 | 1,270.70 | 953.20 | 947.90 | 1,134.70 | 978.30 | 742.50 | 926.50 | 1,118.30 | 1,165.00 | 814.50 | 1,150.10 | 1,312.60 | 1,393.60 | 964.30 | 1,075.70 | 1,180.60 | 1,255.30 | 874.50 | 1,007.50 | 1,149.10 | 1,175.90 | 852.90 | 984.80 | 1,107.50 | 1,105.70 | 801.10 | 979.40 | 1,058.00 | 1,103.00 | 768.10 | 886.90 | 996.50 | 1,020.90 | 736.90 | 1,059.70 | 1,138.40 | 1,177.30 | 901.30 | 992.80 | 1,156.70 | 1,183.80 | 888.20 | 1,010.90 | 1,078.90 | 1,047.60 | 780.10 | 894.20 | 996.10 | 933.40 | 726.50 | 868.40 | 1,103.80 | 884.70 | 622.40 | 665.10 | 630.80 | 634.90 | 560.30 | 723.50 | 572.60 | 584.90 | 672.00 |
| Total operating expenses | 952.00 | 934.90 | 952.90 | 996.40 | 858.60 | 903.20 | 949.80 | 901.30 | 826.10 | 783.70 | 793.90 | 699.00 | 686.70 | 638.90 | 693.30 | 612.80 | 600.80 | 605.80 | 620.80 | 619.70 | 600.00 | 559.90 | 567.80 | 554.80 | 588.10 | 596.30 | 567.80 | 587.90 | 578.00 | 703.40 | 725.60 | 753.30 | 720.90 | 689.00 | 674.50 | 697.70 | 659.50 | 660.60 | 645.40 | 670.70 | 629.80 | 625.50 | 632.10 | 653.50 | 630.00 | 633.10 | 618.00 | 639.70 | 613.10 | 668.90 | 617.00 | 633.40 | 606.40 | 692.20 | 690.60 | 703.60 | 689.60 | 656.00 | 973.40 | 708.30 | 656.30 | 697.30 | 670.70 | 645.60 | 617.20 | 671.40 | 677.80 | 682.80 | 676.60 | 4,398.20 | 756.40 | 523.10 | 375.40 | 366.30 | 354.50 | 360.80 | 351.70 | 398.00 | 303.70 | 332.40 | 354.70 |
| Operating income | 776.10 | 819.00 | 1,165.30 | 1,164.20 | 818.90 | 807.60 | 1,024.60 | 1,034.20 | 633.80 | 687.60 | 864.20 | 885.40 | 456.80 | 580.60 | 739.50 | 710.60 | 388.20 | 435.70 | 583.40 | 651.00 | 353.20 | 388.00 | 566.90 | 423.50 | 154.40 | 330.20 | 536.50 | 566.90 | 236.50 | 446.70 | 587.00 | 640.30 | 243.40 | 386.70 | 506.10 | 557.60 | 215.00 | 346.90 | 503.70 | 513.30 | 225.40 | 359.30 | 475.40 | 452.20 | 171.10 | 346.30 | 440.00 | 463.30 | 155.00 | 218.00 | 379.50 | 394.30 | 142.10 | 367.50 | 447.80 | 477.90 | 212.00 | 341.50 | 179.70 | 475.50 | 231.90 | 313.60 | 408.20 | 383.00 | 297.00 | 222.80 | 318.30 | 250.60 | 49.90 | -3,529.80 | 347.40 | 361.60 | 247.00 | 298.80 | 276.30 | 274.10 | 208.60 | 325.50 | 268.90 | 252.50 | 317.30 |
| Non-operating income (net) | -40.30 | -77.70 | -73.60 | -71.50 | -66.00 | -57.00 | -56.70 | -61.60 | -83.10 | -72.80 | -67.90 | -119.00 | -67.00 | -58.20 | -74.50 | -57.50 | -56.70 | -41.10 | -64.60 | -59.00 | -67.90 | -65.40 | -66.90 | -61.70 | -50.60 | -70.10 | -69.70 | -62.40 | -69.00 | -69.40 | -57.00 | -53.80 | -76.90 | -61.70 | -61.50 | -65.60 | -58.70 | -78.80 | -52.80 | 338.40 | -54.80 | -51.20 | -43.60 | -33.80 | -81.50 | -58.20 | -42.70 | -44.40 | -49.80 | -54.10 | -96.80 | -71.10 | -82.20 | -57.60 | -43.20 | -58.00 | -69.60 | -65.90 | -48.40 | -67.10 | -63.20 | -59.70 | -59.00 | -59.90 | -196.60 | -73.00 | -76.00 | -78.50 | -54.90 | -107.20 | -81.90 | -19.40 | 11.90 | -21.40 | -40.90 | -22.20 | -35.80 | -46.80 | -33.90 | -37.00 | -31.40 |
| Income before tax | 735.80 | 741.30 | 1,091.70 | 1,092.70 | 752.90 | 750.60 | 967.90 | 972.60 | 550.70 | 614.80 | 796.30 | 766.40 | 389.80 | 522.40 | 665.00 | 653.10 | 331.50 | 394.60 | 518.80 | 592.00 | 285.30 | 322.60 | 500.00 | 361.80 | 103.80 | 260.10 | 466.80 | 504.50 | 167.50 | 377.30 | 530.00 | 586.50 | 166.50 | 325.00 | 444.60 | 492.00 | 156.30 | 268.10 | 450.90 | 851.70 | 170.60 | 308.10 | 431.80 | 418.40 | 89.60 | 288.10 | 397.30 | 418.90 | 105.20 | 163.90 | 282.70 | 323.20 | 59.90 | 309.90 | 404.60 | 419.90 | 142.40 | 275.60 | 131.30 | 408.40 | 168.70 | 253.90 | 349.20 | 323.10 | 100.40 | 149.80 | 242.30 | 172.10 | -5.00 | -3,637.00 | 265.50 | 342.20 | 258.90 | 277.40 | 235.40 | 251.90 | 172.80 | 278.70 | 235.00 | 215.50 | 285.90 |
| Income tax expense | 136.30 | 122.80 | 231.50 | 216.70 | 134.90 | 135.30 | 181.10 | 205.80 | 105.50 | 98.20 | 157.50 | 169.60 | 73.20 | 73.40 | 104.70 | 136.60 | 61.10 | 65.50 | 96.80 | 122.80 | 48.40 | 72.40 | 89.90 | 83.50 | 51.00 | 46.00 | 80.50 | 91.90 | 20.20 | 121.30 | -1.10 | 128.00 | 33.00 | -163.00 | 76.40 | 138.10 | 28.70 | 63.90 | 83.20 | 92.50 | 41.90 | 68.70 | 113.80 | 331.40 | 26.90 | 71.20 | 94.10 | 103.70 | 24.50 | 80.70 | 55.10 | 48.70 | 4.50 | 69.00 | 65.30 | 54.80 | 38.00 | 18.80 | 28.40 | 99.80 | 40.80 | 47.10 | 72.10 | 54.90 | 54.10 | 16.70 | 14.80 | 34.40 | 10.50 | -361.80 | 26.30 | 79.70 | 47.20 | 106.50 | 37.80 | 43.90 | 16.20 | 48.80 | 34.60 | 18.40 | 41.50 |
| Net income | 584.40 | 591.30 | 847.60 | 874.80 | 604.90 | 604.30 | 772.00 | 755.30 | 436.30 | 504.30 | 626.30 | 586.20 | 307.10 | 439.10 | 547.90 | 509.30 | 260.20 | 317.80 | 405.70 | 464.70 | 235.20 | 244.70 | 400.60 | 238.80 | -29.20 | 296.10 | 458.80 | 456.10 | 199.90 | 254.00 | 515.10 | 448.10 | 120.40 | 459.90 | 367.00 | 358.60 | 117.10 | 198.80 | 377.40 | 747.60 | 152.40 | 233.50 | 300.90 | 78.90 | 51.30 | 255.50 | 291.30 | 306.00 | 79.00 | 47.60 | 165.90 | 317.20 | 88.00 | 235.60 | 321.60 | 365.80 | 95.60 | 242.30 | 86.20 | 92.30 | -77.60 | 212.10 | 232.20 | 196.40 | 1.40 | 139.40 | 216.60 | 122.10 | -26.70 | -3,290.20 | 227.70 | 256.10 | 181.60 | 2,518.50 | 266.60 | 964.10 | 217.50 | 221.90 | 243.80 | 313.50 | 253.20 |