How much revenue does Trane Technologies (TT) generate?

Trane Technologies (TT) generated $21.60B in total revenue in TTM through Q1 2026, with a net profit margin of 13.4%, equivalent to roughly $2.90B in net income — what remains after every operating cost, interest payment, and income tax has been paid.

What is the gross profit margin of Trane Technologies (TT)?

Trane Technologies (TT) reported a gross profit margin of 35.9% in TTM through Q1 2026, equivalent to $7.76B in gross profit on $21.60B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Trane Technologies (TT)?

Trane Technologies (TT) reported an operating profit margin of 18.2% in TTM through Q1 2026, equivalent to $3.92B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Trane Technologies (TT)?

Trane Technologies (TT) reported a net profit margin of 13.4% in TTM through Q1 2026, equivalent to $2.90B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Trane Technologies (TT) profitable?

Yes. Trane Technologies (TT) reported $2.90B in net income for TTM through Q1 2026, with a net profit margin of 13.4%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Trane Technologies (TT) spend on capital expenditures?

Trane Technologies (TT) spent $343.04M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 1.6% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Trane Technologies (TT) generate?

Trane Technologies (TT) generated $3.16B in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 14.6%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Trane Technologies (TT)?

Trane Technologies (TT) had an effective tax rate of 19.3% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

Where does Trane Technologies (TT) generate most of its revenue?

Americas is the largest geographic market for Trane Technologies (TT), accounting for 80.4% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How Trane Technologies Makes Money: 2026 Visual Revenue Map

Trane Technologies (TT) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 30, 2026).

Trane Technologies (TT) Revenue by Geography — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for Trane Technologies (TT), TTM through Q1 2026
Region	Revenue (USD)	% of total
Americas	$17.37B	80.4%
EMEA	$2.87B	13.3%
Asia Pacific	$1.37B	6.3%
Total	$21.60B	100%

Americas
EMEA
Asia Pacific
Total

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Trane Technologies (TT) generated 80.4% of revenue from Americas, followed by EMEA (13.3%) and Asia Pacific (6.3%).

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