Trane Technologies Plc Stock Price, News & Analysis

Trane Technologies (NYSE:TT) reported outstanding Q2 2025 results, with record enterprise bookings of $5.6 billion, up 5% year-over-year. The company delivered strong financial performance with adjusted continuing EPS of $3.88, an 18% increase from Q2 2024.

Key highlights include net revenues of $5.7 billion (up 8%), adjusted operating margin of 20.3% (up 90 basis points), and enterprise backlog of $7.1 billion (up 6% vs. year-end 2024). Americas Commercial HVAC showed exceptional strength with applied solutions orders up over 60%.

Based on strong performance, Trane Technologies raised its full-year 2025 guidance, expecting revenue growth of approximately 9% and adjusted continuing EPS of approximately $13.05.

Trane Technologies (NYSE:TT), a global climate innovator, has scheduled its second quarter 2025 earnings conference call for Wednesday, July 30, 2025, at 10 a.m. ET.

The company will release its Q2 2025 earnings report and presentation before the call, making them available on their website. Investors can access the live webcast through the investor relations section at www.tranetechnologies.com. A replay will be accessible on the same website starting at approximately 1 p.m. ET on July 30, 2025.

Trane Technologies (NYSE:TT), a global climate innovator, has been ranked 20th in TIME's list of the World's Most Sustainable Companies. The company has made significant progress in sustainability, reducing customer carbon emissions by 237 million metric tons since 2019, advancing toward its Gigaton Challenge goal of reducing one billion metric tons by 2030.

In 2024, TT launched 190 new products, including a portfolio featuring lower global warming potential refrigerants. The company has also received multiple recognitions, including a top-ten ranking in Corporate Knights' Europe 50 list and inclusion in the Financial Times' Europe's Climate Leaders list for the fifth consecutive year.

Trane Technologies (NYSE:TT) has announced a quarterly dividend of $0.94 per ordinary share, equivalent to $3.76 annually. The dividend will be paid on September 30, 2025, to shareholders of record as of September 5, 2025. The company has demonstrated strong dividend growth, increasing its quarterly payout by 77% since March 2020. Notably, Trane Technologies maintains an impressive dividend history, having consistently paid quarterly dividends since 1919 and annual dividends since 1910, showcasing over a century of commitment to shareholder returns.

Trane Technologies (NYSE:TT) has been named to The Civic 50, a prestigious list recognizing the most community-minded companies in the United States. The company's corporate citizenship strategy, Sustainable Futures, focuses on STEM education and career pathways, with a commitment to invest $100 million and 500,000 volunteer hours in communities from 2020 to 2030. In 2024, over 1,000 employees participated in a Global Time of Service event, contributing approximately 3,200 volunteer hours. The recognition by Points of Light acknowledges Trane Technologies' integration of social impact and community engagement into their core business operations, highlighting their commitment to creating a sustainable future for industry and the planet.

Trane Technologies (NYSE: TT) has released its 2024 Sustainability Report, highlighting significant progress in reducing carbon emissions and energy use. The company has reduced customer carbon emissions by 237 million metric tons since 2019, progressing toward its Gigaton Challenge goal of reducing one billion metric tons by 2030. Key achievements include a 44% reduction in operational emissions, 68% renewable energy usage, and the launch of 190 new products with lower global warming potential refrigerants. The company maintained strong financial performance with a fourth consecutive year of >20% adjusted EPS growth. Notable sustainability milestones include 49% reduction in total water usage, zero waste to landfill at 80% of manufacturing sites, and a new commitment to reduce product embodied carbon by 40% by 2030. The company received multiple recognitions, including placement on the Dow Jones Sustainability Index and CDP Climate Change 'A' List.

Trane Technologies (NYSE: TT) announced that its leadership team will participate in a fireside chat at the Wolfe Research Global Transportation and Industrials Conference on May 21, 2025, at 9:45 a.m. ET. Investors can access the live webcast through the company's website at www.tranetechnologies.com in the investor relations section. The webcast recording will remain available for 30 days after the event.

Trane Technologies reported strong Q1 2025 financial results, with bookings reaching $5.3 billion and a book-to-bill ratio of 113%. The company's reported revenues increased 11% to $4.7 billion, with organic revenues also up 11%.

Key highlights include:

• GAAP continuing EPS of $2.71
• Adjusted continuing EPS of $2.45, up 26%
• Enterprise backlog of $7.3 billion, up $500 million from year-end 2024
• Operating margin improved 250 basis points to 17.5%

The Americas segment showed particularly strong performance with bookings of $4.2 billion and a 14% revenue increase. The company reaffirmed its full-year 2025 guidance, expecting revenue growth of 7.5% to 8.5% and adjusted continuing EPS of $12.70 to $12.90, with performance trending toward the high end of the range.

Range Energy and Thermo King have expanded their collaboration to accelerate the commercialization of electric refrigerated trailers across the Americas. This partnership builds on their initial May 2024 collaboration that combined Thermo King's hybrid and electric trailer refrigeration units (TRUs) with Range Energy's eTrailer System.

The expanded alliance focuses on:

• Joint sales and distribution initiatives
• Installation and service support
• Dealer network training and demonstrations
• System maintenance throughout the electric trailers' lifecycle

Customer pilots and public demonstrations have already shown promising results in reducing diesel consumption. The partnership leverages Thermo King's extensive dealer network to reach a broader customer base while ensuring seamless compatibility with Thermo King TRUs across the Americas. This collaboration represents a significant step toward sustainable transportation solutions in the commercial trucking sector.