Net Income for Trane Technologies (TT)
According to Trane Technologies's latest reported financial statements, the company's current net income (TTM) is $2.92B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$2.92B
YoY change
+13.7%
5Y CAGR
+27.8%
Peak year (2007)
$3.97B
Cumulative net income
$30.67B
Net Income history chart for Trane Technologies (TT) from 1985 to 2025
Net Income history table for Trane Technologies (TT) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $2.92B | +13.7% | ||
| 2024 | $2.57B | +26.9% | ||
| 2023 | $2.02B | +15.2% | ||
| 2022 | $1.76B | +23.4% | ||
| 2021 | $1.42B | +66.5% | ||
| 2020 | $854.90M | -39.4% | ||
| 2019 | $1.41B | +5.5% | ||
| 2018 | $1.34B | +2.7% | ||
| 2017 | $1.30B | -11.8% | ||
| 2016 | $1.48B | +122.1% | ||
| 2015 | $664.60M | -28.7% | ||
| 2014 | $931.70M | +50.6% | ||
| 2013 | $618.80M | -38.5% | ||
| 2012 | $1.01B | +136.1% | ||
| 2011 | $426.10M | -33.6% | ||
| 2010 | $642.20M | +42.3% | ||
| 2009 | $451.30M | -117.2% | ||
| 2008 | -$2.62B | -166.2% | ||
| 2007 | $3.97B | +284.2% | ||
| 2006 | $1.03B | -2.1% | ||
| 2005 | $1.05B | +27.0% | ||
| 2004 | $829.80M | +28.8% | ||
| 2003 | $644.50M | -471.5% | ||
| 2002 | -$173.50M | -170.5% | ||
| 2001 | $246.20M | -63.2% | ||
| 2000 | $669.40M | +13.2% | ||
| 1999 | $591.10M | +16.1% | ||
| 1998 | $509.10M | +33.8% | ||
| 1997 | $380.50M | +6.3% | ||
| 1996 | $358.00M | +32.4% | ||
| 1995 | $270.30M | +28.0% | ||
| 1994 | $211.10M | +48.1% | ||
| 1993 | $142.50M | -160.8% | ||
| 1992 | -$234.40M | -255.6% | ||
| 1991 | $150.60M | -18.7% | ||
| 1990 | $185.30M | -8.4% | ||
| 1989 | $202.20M | +25.1% | ||
| 1988 | $161.60M | +49.8% | ||
| 1987 | $107.90M | +7.3% | ||
| 1986 | $100.60M | +26.4% | ||
| 1985 | $79.60M | — |
Net Income 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
As of the 2025 fiscal year, Trane Technologies (TT) reported net income of $2.92B – grew 13.7% year-over-year.
Trane Technologies net income compound annual growth for the 2020–2025 (5 years) window is +27.8%, sustaining 5 straight years of year-over-year growth.
Trane Technologies net income declined from $3.97B in 2007 to $2.92B in 2025, a 26.4% drawdown.
2007 marks the peak net income at $3.97B, with the historical low of -$2.62B recorded in 2008.
Trane Technologies (TT) sits 8th of 8 Industrials peers we track on this metric, against a peer median of $5.88B.
Trane Technologies Net Income by Year
Trane Technologies Net Income 2025: $2.92B
Trane Technologies net income in 2025 was $2.92B, grew 13.7% from 2024.
Trane Technologies Net Income 2024: $2.57B
Trane Technologies net income in 2024 was $2.57B, grew 26.9% from 2023.
Trane Technologies Net Income 2023: $2.02B
Trane Technologies net income in 2023 was $2.02B, grew 15.2% from 2022.
Trane Technologies Net Income 2022: $1.76B
Trane Technologies net income in 2022 was $1.76B, grew 23.4% from 2021.
Trane Technologies Net Income 2021: $1.42B
Trane Technologies net income in 2021 was $1.42B.
See more financial history for Trane Technologies (TT).
Sector peers — Net Income
Companies in the same sector as Trane Technologies, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $8.87B | Industrials |
| GE Aerospace (GE) | $8.70B | Industrials |
| Union Pacific Corporation (UNP) | $7.14B | Industrials |
| RTX Corporation (RTX) | $6.73B | Industrials |
| Deere & Company (DE) | $5.03B | Industrials |
| Honeywell International Inc. (HON) | $4.73B | Industrials |
| Eaton Corporation plc (ETN) | $4.09B | Industrials |
| The Boeing Company (BA) | $2.23B | Industrials |
Frequently asked questions
What is Trane Technologies's net income?
- Latest reported net income for Trane Technologies (TT) is $2.92B (period ending December 31, 2025).
How has Trane Technologies net income changed year-over-year?
- Trane Technologies (TT) net income changed +13.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Trane Technologies net income?
- Trane Technologies (TT) net income compound annual growth rate is +27.8% over the most recent 5 years available.
When did Trane Technologies net income hit its highest annual value?
- Trane Technologies net income reached its highest annual value of $3.97B in 2007.
What was Trane Technologies net income in 2024?
- Trane Technologies (TT) net income in 2024 was $2.57B.
What was Trane Technologies net income in 2025?
- Trane Technologies (TT) net income in 2025 was $2.92B.
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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