Trane Technologies

TT is the ticker symbol for Trane Technologies, a company classified under the Building Products industry within the broader Industrials sector.

Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. 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.

Key metrics include a return on equity of 6.8%, a debt-to-equity ratio of 1.65.

The company reports trailing twelve-month revenue of $3.82B and net income of $584.40M.

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