Gross Profit for Trane Technologies (TT)
According to Trane Technologies's latest reported financial statements, the company's current gross profit (TTM) is $7.71B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$7.71B
YoY change
+8.9%
5Y CAGR
+15.2%
Peak year (2025)
$7.71B
Cumulative gross profit
$119.24B
Gross Profit history chart for Trane Technologies (TT) from 1985 to 2025
Gross Profit history table for Trane Technologies (TT) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $7.71B | +8.9% | ||
| 2024 | $7.08B | +20.9% | ||
| 2023 | $5.86B | +18.0% | ||
| 2022 | $4.96B | +11.1% | ||
| 2021 | $4.47B | +17.5% | ||
| 2020 | $3.80B | -5.6% | ||
| 2019 | $4.03B | +7.1% | ||
| 2018 | $3.76B | -14.2% | ||
| 2017 | $4.39B | +4.4% | ||
| 2016 | $4.20B | +5.0% | ||
| 2015 | $4.00B | +2.3% | ||
| 2014 | $3.91B | +7.7% | ||
| 2013 | $3.63B | +5.0% | ||
| 2012 | $3.45B | -19.4% | ||
| 2011 | $4.29B | +8.8% | ||
| 2010 | $3.94B | +11.0% | ||
| 2009 | $3.55B | -3.2% | ||
| 2008 | $3.67B | +47.2% | ||
| 2007 | $2.49B | -16.5% | ||
| 2006 | $2.99B | +6.5% | ||
| 2005 | $2.80B | +10.4% | ||
| 2004 | $2.54B | +5.6% | ||
| 2003 | $2.41B | +13.2% | ||
| 2002 | $2.12B | +13.8% | ||
| 2001 | $1.87B | -14.4% | ||
| 2000 | $2.18B | +1.7% | ||
| 1999 | $2.15B | -5.1% | ||
| 1998 | $2.26B | +24.3% | ||
| 1997 | $1.82B | -3.1% | ||
| 1996 | $1.88B | +17.4% | ||
| 1995 | $1.60B | +26.5% | ||
| 1994 | $1.26B | +12.0% | ||
| 1993 | $1.13B | +10.7% | ||
| 1992 | $1.02B | +5.0% | ||
| 1991 | $969.80M | -6.8% | ||
| 1990 | $1.04B | +9.2% | ||
| 1989 | $952.70M | +14.3% | ||
| 1988 | $833.40M | +7.8% | ||
| 1987 | $773.20M | +0.7% | ||
| 1986 | $768.10M | +10.2% | ||
| 1985 | $697.10M | — |
Gross Profit values are taken from Trane Technologies's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Trane Technologies (TT) gross profit is $7.71B – grew 8.9% year-over-year.
Across 2020–2025 (5 years), Trane Technologies gross profit produced a CAGR of +15.2% – sustaining 5 straight years of year-over-year growth.
Across the available history, gross profit reached its high of $7.71B in 2025 and its low of $697.10M in 1985.
Trane Technologies (TT) sits 8th of 8 Industrials peers we track on this metric, against a peer median of $15.42B.
Trane Technologies Gross Profit by Year
Trane Technologies Gross Profit 2025: $7.71B
Trane Technologies gross profit in 2025 was $7.71B, grew 8.9% from 2024. This figure represents the highest annual value in the available history.
Trane Technologies Gross Profit 2024: $7.08B
Trane Technologies gross profit in 2024 was $7.08B, grew 20.9% from 2023.
Trane Technologies Gross Profit 2023: $5.86B
Trane Technologies gross profit in 2023 was $5.86B, grew 18.0% from 2022.
Trane Technologies Gross Profit 2022: $4.96B
Trane Technologies gross profit in 2022 was $4.96B, grew 11.1% from 2021.
Trane Technologies Gross Profit 2021: $4.47B
Trane Technologies gross profit in 2021 was $4.47B.
See more financial history for Trane Technologies (TT).
Sector peers — Gross Profit
Companies in the same sector as Trane Technologies, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $21.86B | Industrials |
| RTX Corporation (RTX) | $17.79B | Industrials |
| GE Aerospace (GE) | $16.89B | Industrials |
| Deere & Company (DE) | $16.30B | Industrials |
| Union Pacific Corporation (UNP) | $14.55B | Industrials |
| Honeywell International Inc. (HON) | $13.83B | Industrials |
| Eaton Corporation plc (ETN) | $10.32B | Industrials |
| The Boeing Company (BA) | $4.29B | Industrials |
Frequently asked questions
What is Trane Technologies's gross profit?
- Latest reported gross profit for Trane Technologies (TT) is $7.71B (period ending December 31, 2025).
How has Trane Technologies gross profit changed year-over-year?
- Trane Technologies (TT) gross profit changed +8.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Trane Technologies gross profit?
- Trane Technologies (TT) gross profit compound annual growth rate is +15.2% over the most recent 5 years available.
When did Trane Technologies gross profit hit its highest annual value?
- Trane Technologies gross profit reached its highest annual value of $7.71B in 2025.
What was Trane Technologies gross profit in 2024?
- Trane Technologies (TT) gross profit in 2024 was $7.08B.
What was Trane Technologies gross profit in 2025?
- Trane Technologies (TT) gross profit in 2025 was $7.71B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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