TTTrane Technologies

Industrials · Building Controls · NYSE

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

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The biggest changes in the 10-K filed 2026-02-05, this fiscal year against the last, and the sentences in the MD&A (Item 7) where management explains them, quoted word for word. Tickdelta picks sentences that name the line, a direction and a cause. It does not write explanations of its own.

Net income

+13.7% Big change FY to 2025-12-31 vs 2024-12-31

“The 2025 and 2024 effective tax rate was 19.2% and 19.4%, respectively, which was higher than the Irish statutory rate of 12.5% primarily due to earnings that in the aggregate have a higher statutory tax rate, U.S. federal, state and local income taxes, partially offset by excess tax benefits from employee share-based payments, release of valuation allowance on certain income tax credits and the U.S.”
Read it in the 10-K ↗

Operating margin

17.6% → 18.6% (+1.0 pts) FY to 2025-12-31 vs 2024-12-31

The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.

Revenue

+7.5% FY to 2025-12-31 vs 2024-12-31

“The increase in revenue from acquisitions primarily relates to a channel acquisition completed in the third quarter of 2024 and acquisitions completed in the first quarter of 2025.”
Read it in the 10-K ↗

“The increase in revenue from acquisitions primarily relates to acquisitions completed in the first half of 2025.”
Read it in the 10-K ↗

Cash from operations

+1.6% FY to 2025-12-31 vs 2024-12-31

The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.

Changes are computed from the XBRL figures in the same 10-K. Hover a number to see the line item. Open the 10-K ↗

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