TTM
$3.92B
YoY change
+13.4%
5Y CAGR
+20.9%
Peak year (2025)
$3.97B
Cumulative operating income
$48.10B
Operating Income history chart for Trane Technologies (TT) from 1985 to 2025
Latest: $3.97B
Operating Income growth chart for Trane Technologies (TT) from 1985 to 2025
Latest: +13.4%
Operating Income history table for Trane Technologies (TT) from 1985 to 2025
| 2025 | $3.97B | +13.4% | +$467.30M | ||
| 2024 | $3.50B | +20.9% | +$606.10M | ||
| 2023 | $2.89B | +19.6% | +$475.10M | ||
| 2022 | $2.42B | +19.6% | +$395.60M | ||
| 2021 | $2.02B | +32.0% | +$490.50M | ||
| 2020 | $1.53B | -8.2% | −$137.30M | ||
| 2019 | $1.67B | +10.4% | +$158.00M | ||
| 2018 | $1.51B | -9.2% | −$153.20M | ||
| 2017 | $1.67B | +3.9% | +$62.10M | ||
| 2016 | $1.60B | +10.0% | +$145.20M | ||
| 2015 | $1.46B | +3.8% | +$53.30M | ||
| 2014 | $1.40B | +27.1% | +$299.70M | ||
| 2013 | $1.10B | +0.9% | +$9.80M | ||
| 2012 | $1.10B | -27.9% | −$424.00M | ||
| 2011 | $1.52B | +17.5% | +$226.40M | ||
| 2010 | $1.29B | +53.6% | +$451.20M | ||
| 2009 | $841.60M | -31.4% | −$385.50M | ||
| 2008 | $1.23B | +16.0% | +$169.30M | ||
| 2007 | $1.06B | -26.6% | −$383.00M | ||
| 2006 | $1.44B | +5.8% | +$79.00M | ||
| 2005 | $1.36B | +21.6% | +$241.50M | ||
| 2004 | $1.12B | +28.8% | +$250.20M | ||
| 2003 | $870.10M | +35.3% | +$227.00M | ||
| 2002 | $643.10M | +51.9% | +$219.60M | ||
| 2001 | $423.50M | -53.9% | −$494.20M | ||
| 2000 | $917.70M | -15.0% | −$162.00M | ||
| 1999 | $1.08B | +11.4% | +$110.60M | ||
| 1998 | $969.10M | +33.9% | +$245.60M | ||
| 1997 | $723.50M | +5.9% | +$40.00M | ||
| 1996 | $683.50M | +37.5% | +$186.50M | ||
| 1995 | $497.00M | +31.8% | +$119.90M | ||
| 1994 | $377.10M | +29.4% | +$85.60M | ||
| 1993 | $291.50M | +66.4% | +$116.30M | ||
| 1992 | $175.20M | -35.9% | −$98.20M | ||
| 1991 | $273.40M | -23.5% | −$83.90M | ||
| 1990 | $357.30M | -1.1% | −$3.90M | ||
| 1989 | $361.20M | +26.5% | +$75.70M | ||
| 1988 | $285.50M | +6.3% | +$16.90M | ||
| 1987 | $268.60M | +24.7% | +$53.20M | ||
| 1986 | $215.40M | +6.1% | +$12.30M | ||
| 1985 | $203.10M | — | — |
- 2025$3.97B+13.4%
- 2024$3.50B+20.9%
- 2023$2.89B+19.6%
- 2022$2.42B+19.6%
- 2021$2.02B+32.0%
- 2020$1.53B-8.2%
- 2019$1.67B+10.4%
- 2018$1.51B-9.2%
- 2017$1.67B+3.9%
- 2016$1.60B+10.0%
- 2015$1.46B+3.8%
- 2014$1.40B+27.1%
- 2013$1.10B+0.9%
- 2012$1.10B-27.9%
- 2011$1.52B+17.5%
- 2010$1.29B+53.6%
- 2009$841.60M-31.4%
- 2008$1.23B+16.0%
- 2007$1.06B-26.6%
- 2006$1.44B+5.8%
- 2005$1.36B+21.6%
- 2004$1.12B+28.8%
- 2003$870.10M+35.3%
- 2002$643.10M+51.9%
- 2001$423.50M-53.9%
- 2000$917.70M-15.0%
- 1999$1.08B+11.4%
- 1998$969.10M+33.9%
- 1997$723.50M+5.9%
- 1996$683.50M+37.5%
- 1995$497.00M+31.8%
- 1994$377.10M+29.4%
- 1993$291.50M+66.4%
- 1992$175.20M-35.9%
- 1991$273.40M-23.5%
- 1990$357.30M-1.1%
- 1989$361.20M+26.5%
- 1988$285.50M+6.3%
- 1987$268.60M+24.7%
- 1986$215.40M+6.1%
- 1985$203.10M—
Operating Income 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 Operating Income at Trane Technologies (TT)
According to Trane Technologies's latest reported financial statements, the company's current operating income (TTM) is $3.92B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Trane Technologies (TT) operating income totalled $3.97B – grew 13.4% year-over-year.
Trane Technologies operating income has grown for 5 consecutive years, with a +20.9% compound annual growth rate over 2020–2025 (5 years).
$3.97B stands as the all-time-high annual operating income, posted in 2025, against a low of $175.20M during 1992.
Trane Technologies Operating Income by Year
Trane Technologies Operating Income 2025: $3.97B
Trane Technologies posted operating income of $3.97B in 2025, grew 13.4% from 2024. This figure represents the highest annual value in the available history.
Trane Technologies Operating Income 2024: $3.50B
In 2024, Trane Technologies reported operating income of $3.50B, grew 20.9% from 2023.
Trane Technologies Operating Income 2023: $2.89B
Trane Technologies operating income in 2023 was $2.89B, grew 19.6% from 2022.
Trane Technologies Operating Income 2022: $2.42B
2022's operating income for Trane Technologies came in at $2.42B, grew 19.6% from 2021.
Trane Technologies Operating Income 2021: $2.02B
Trane Technologies operating income in 2021 was $2.02B.
See more financial history for Trane Technologies (TT).
Sector peers by Operating Income
Industrials peers of Trane Technologies (TT), ranked by their latest operating income
| $11.21B | |
| $9.84B | |
| $9.30B | |
| $8.77B | |
| $8.42B | |
| $5.23B | |
| −$2.59B | |
| −$5.42B |
- $11.21B
- $9.84B
- $9.30B
- $8.77B
- $8.42B
- $5.23B
- −$2.59B
- −$5.42B
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