TTM
13.4%
YoY change
+0.74pp
Trough year (2008)
-19.8%
Peak year (2007)
45.3%
Latest annual
13.7%
Net Profit Margin history chart for Trane Technologies (TT) from 1985 to 2025
Latest: 13.7%
Net Profit Margin change chart for Trane Technologies (TT) from 1985 to 2025
Latest: +0.74pp
Net Profit Margin history table for Trane Technologies (TT) from 1985 to 2025
| 2025 | 13.7% | +0.74pp | ||
| 2024 | 12.9% | +1.50pp | ||
| 2023 | 11.4% | +0.47pp | ||
| 2022 | 11.0% | +0.91pp | ||
| 2021 | 10.1% | +3.20pp | ||
| 2020 | 6.9% | -3.93pp | ||
| 2019 | 10.8% | -0.05pp | ||
| 2018 | 10.8% | +1.66pp | ||
| 2017 | 9.2% | -1.75pp | ||
| 2016 | 10.9% | +5.93pp | ||
| 2015 | 5.0% | -2.23pp | ||
| 2014 | 7.2% | +2.22pp | ||
| 2013 | 5.0% | -3.38pp | ||
| 2012 | 8.4% | +5.51pp | ||
| 2011 | 2.9% | -1.68pp | ||
| 2010 | 4.6% | +1.14pp | ||
| 2009 | 3.4% | +23.26pp | ||
| 2008 | -19.8% | -65.11pp | ||
| 2007 | 45.3% | +36.22pp | ||
| 2006 | 9.0% | -0.95pp | ||
| 2005 | 10.0% | +1.16pp | ||
| 2004 | 8.8% | +2.31pp | ||
| 2003 | 6.5% | +8.46pp | ||
| 2002 | -1.9% | -4.80pp | ||
| 2001 | 2.9% | -5.10pp | ||
| 2000 | 8.0% | +0.40pp | ||
| 1999 | 7.6% | +0.81pp | ||
| 1998 | 6.8% | +0.65pp | ||
| 1997 | 6.1% | +0.76pp | ||
| 1996 | 5.3% | +0.62pp | ||
| 1995 | 4.7% | +0.03pp | ||
| 1994 | 4.7% | +1.14pp | ||
| 1993 | 3.5% | +9.74pp | ||
| 1992 | -6.2% | -10.39pp | ||
| 1991 | 4.2% | -0.76pp | ||
| 1990 | 5.0% | -0.91pp | ||
| 1989 | 5.9% | +0.52pp | ||
| 1988 | 5.3% | +1.27pp | ||
| 1987 | 4.1% | +0.48pp | ||
| 1986 | 3.6% | +0.58pp | ||
| 1985 | 3.0% | — |
- 202513.7%+0.74pp
- 202412.9%+1.50pp
- 202311.4%+0.47pp
- 202211.0%+0.91pp
- 202110.1%+3.20pp
- 20206.9%-3.93pp
- 201910.8%-0.05pp
- 201810.8%+1.66pp
- 20179.2%-1.75pp
- 201610.9%+5.93pp
- 20155.0%-2.23pp
- 20147.2%+2.22pp
- 20135.0%-3.38pp
- 20128.4%+5.51pp
- 20112.9%-1.68pp
- 20104.6%+1.14pp
- 20093.4%+23.26pp
- 2008-19.8%-65.11pp
- 200745.3%+36.22pp
- 20069.0%-0.95pp
- 200510.0%+1.16pp
- 20048.8%+2.31pp
- 20036.5%+8.46pp
- 2002-1.9%-4.80pp
- 20012.9%-5.10pp
- 20008.0%+0.40pp
- 19997.6%+0.81pp
- 19986.8%+0.65pp
- 19976.1%+0.76pp
- 19965.3%+0.62pp
- 19954.7%+0.03pp
- 19944.7%+1.14pp
- 19933.5%+9.74pp
- 1992-6.2%-10.39pp
- 19914.2%-0.76pp
- 19905.0%-0.91pp
- 19895.9%+0.52pp
- 19885.3%+1.27pp
- 19874.1%+0.48pp
- 19863.6%+0.58pp
- 19853.0%—
Net Profit Margin values are taken from Trane Technologies's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Profit Margin at Trane Technologies (TT)
According to Trane Technologies's latest reported financial statements, the company's latest reported net margin is 13.4%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual net margin for Trane Technologies (TT) came in at 13.69% – expanded 0.7 percentage points year-over-year.
The record annual net margin stands at 45.27%, reached in 2007; the historical low of -19.84% was recorded in 2008.
Trane Technologies Net Profit Margin by Year
Trane Technologies Net Profit Margin 2025: 13.7%
2025's net margin for Trane Technologies came in at 13.69%, expanded 0.7 percentage points from 2024.
Trane Technologies Net Profit Margin 2024: 12.9%
Trane Technologies posted net margin of 12.94% in 2024, expanded 1.5 percentage points from 2023.
Trane Technologies Net Profit Margin 2023: 11.4%
In 2023, Trane Technologies reported net margin of 11.45%, expanded 0.5 percentage points from 2022.
Trane Technologies Net Profit Margin 2022: 11.0%
Trane Technologies net margin in 2022 was 10.98%, expanded 0.9 percentage points from 2021.
Trane Technologies Net Profit Margin 2021: 10.1%
Trane Technologies net margin in 2021 was 10.07%.
See more financial history for Trane Technologies (TT).
Sector peers by Net Profit Margin
Industrials peers of Trane Technologies (TT), ranked by their latest net margin
| 29.2% | |
| 17.9% | |
| 14.0% | |
| 13.3% | |
| 11.2% | |
| 9.3% | |
| 8.0% | |
| 2.5% |
- 29.2%
- 17.9%
- 13.3%
- 8.0%
- 2.5%
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Trane Technologies (TT) Key Financials
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