TTTrane Technologies
Trane Technologies plc, a public limited company, incorporated in Ireland in 2009, and its consolidated subsidiaries (collectively we, us, our, the Company) is a global climate innovator. 10-K, Item 1
- Headquarters
- Co. Dublin, L2
- CEO
- David S. Regnery
- Next results
- around Jan 28, 2027
2 paragraphs in Risk Factors of the 10-K filed Feb 5, 2026 with nothing like them in the 10-K filed Feb 6, 2025. Quoted exactly. Paragraphs that were only edited are under 10-K change.
Compared with the Risk Factors in the latest 10-K of the other 81 Industrials companies: a paragraph with at least half its words the same at another company is called similar, and the companies are listed under it. A paragraph most of them have is marked boilerplate. No line means no other company has one like it. This counts text; it does not say how serious a risk is.
prices. In addition, while hedging activity may minimize near-term volatility of the commodity prices, it would not protect us from long-term commodity price increases.
Read in the 10-K ↗
Failure to achieve our sustainability commitments, address stakeholder expectations related to sustainability, or meet evolving legal requirements related to sustainability could harm our reputation, business operations, and financial performance.
Similar paragraph at 1 of 81 other Industrials companies: CMIRead in the 10-K ↗
New in the latest 10-Q
6 paragraphs in the 10-Q filed Oct 29, 2026 with nothing like them in the 10-Q filed Jul 30, 2026 (at least half the words must differ; new numbers alone do not count). Quoted exactly, grouped by the item heading above them. This is text that changed, not a judgement of how serious it is.
Financial statements and notes
In October 2026, the Company announced its intent to acquire Cancoil Thermal Corporation, a manufacturer of specialized heat-transfer products and current supplier to our business that will be reported in the Americas segment from its date of acquisition. This acquisition is expected to close no later than first quarter 2027.
Read in the 10-Q ↗
Segment Adjusted EBITDA margin for the nine months ended September 30, 2026 and 2025 remained flat at 22.5%.
Read in the 10-Q ↗
Other information
Name and Title Action Date of Action Scheduled Expiration Date(1) Aggregate Number of Securities to be Purchased or Sold(2) Christopher J. Kuehn Adopt 7/31/2026 5/5/2027 Sale of up to 23,125(3) shares of common stock Executive Vice President and Chief Financial Officer David S. Regnery Adopt 8/12/2026 4/30/2027 Sale of up to 31,743(4) shares of common stock Chair and CEO Elizabeth Elwell Adopt 9/14/2026 3/31/2027 Sale of up to 3,996(5) shares of common stock Vice President and Chief Accounting Officer Mairead Magner Adopt 9/16/2026 5/31/2027 Sale of up to 4,051 shares of common stock Senior Vice President and Chief Human Resources Officer ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
Read in the 10-Q ↗
(3) This figure includes a grant of 6,476 unvested PSUs that are expected to vest during the term of the 10b5-1 plan, which are assumed to vest at 100% of the target award amount. The actual number of PSUs that may vest can vary between 0% - 200% of the target award amount, subject to the achievement of certain performance conditions as set forth in the PSU award agreement.
Read in the 10-Q ↗
(4) This figure includes a grant of 23,684 unvested PSUs that are expected to vest during the term of the 10b5-1 plan, which are assumed to vest at 100% of the target award amount. The actual number of PSUs that may vest can vary between 0% - 200% of the target award amount, subject to the achievement of certain performance conditions as set forth in the PSU award agreement.
Read in the 10-Q ↗
(5) This figure includes a grant of 556 unvested PSUs that are expected to vest during the term of the 10b5-1 plan, which are assumed to vest at 100% of the target award amount. The actual number of PSUs that may vest can vary between 0% - 200% of the target award amount, subject to the achievement of certain performance conditions as set forth in the PSU award agreement.
Read in the 10-Q ↗
The 10-Q's risk factors against the 10-K
Item 1A of the 10-Q filed Oct 29, 2026 against Item 1A of the 10-K filed Feb 5, 2026.
A 10-Q repeats only the risks that changed, so a 10-K paragraph that is missing from it is not counted as removed.
Added is a paragraph with nothing like it in the 10-K, Reworded a sentence that is in both with several words changed,
Quiet changes a sentence in both where one to four words changed and one is a hedge or a modal
(cut words struck through, new words highlighted and underlined).
Text on the page, not a score; each links to the filing at sec.gov.
What the 10-Q itself says about its risk factors:
Read in the 10-Q ↗
There have been no material changes to our risk factors contained in our Annual Report on Form 10-K for the period ended December 31, 2025. For further discussion of our risk factors, refer to Item 1A. "Risk Factors" contained in our Annual Report on Form 10-K for the period ended December 31, 2025.
1 paragraph in the 10-Q's Item 1A, and none of them adds, rewords or quietly edits a paragraph of the 10-K's.
Work on TT in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/TT/export.csv") into a cell.