/
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. We bring sustainable and efficient solutions to buildings, homes and transportation through our strategic brands, Trane and Thermo King , and our environmentally responsible portfolio of products, ser…
$448.47
$2.83 (-0.63%)
Price from 2 days ago
18.61% operating margin is respectable but not wide. ROIC at 24.85%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 7.5%, steady but not accelerating.
At 35x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
34.7x earnings, 31.9x FCF. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$21.60B
▲ +7.5% YoY
Net Income (TTM)
$2.89B
▲ +13.7% YoY
Op. Margin
18.17%
▲ +1.0pp YoY
ROIC
24.46%
▲ +0.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$3.14B
▲ +1.3% YoY
Op. Cash Flow (TTM)
$3.48B
▲ +1.6% YoY
Net Debt
$3.68B
Cash & Equiv.
$1.76B
5Y CAGR: +11.4%
5Y CAGR: +16.9%
Continue Research