Trane Historical Income Statement

TT Stock

USD 416.22 0.13 0.03%

Historical analysis of Trane Technologies income statement accounts such as Operating Income of 3 B, Ebit of 2.9 B or EBITDA of 3.3 B can show how well Trane Technologies plc performed in making a profits. Evaluating Trane Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Trane Technologies's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Trane Technologies plc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Trane Technologies plc is a good buy for the upcoming year.

Net Income Gross Profit

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About Trane Income Statement Analysis

Trane Technologies plc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Trane Technologies shareholders. The income statement also shows Trane investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Trane Technologies Income Statement Chart

At this time, Trane Technologies' Operating Income is comparatively stable compared to the past year. EBIT is likely to gain to about 2.9 B in 2024, whereas Gross Profit is likely to drop slightly above 3.1 B in 2024.

Total Revenue Gross Profit Operating Income

Total Revenue

Total revenue comprises all receipts Trane Technologies plc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Trane Technologies plc minus its cost of goods sold. It is profit before Trane Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Trane Technologies plc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Trane Technologies plc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Trane Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Trane Technologies plc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trane Technologies plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

	2021	2022	2023	2024 (projected)
Total Revenue	14.1B	16.0B	17.7B	10.6B
Depreciation And Amortization	294.1M	319.2M	343.5M	272.7M

Total Revenue Depreciation And Amortization

Trane Technologies income statement Correlations

	Depreciation And Amortization	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Interest Expense	Selling And Marketing Expenses	Selling General Administrative	Research Development	Tax Provision	Interest Income	Extraordinary Items	Net Interest Income	Discontinued Operations	Net Income From Continuing Ops	Minority Interest	Reconciled Depreciation
Depreciation And Amortization		0.87	0.83	0.91	0.31	0.37	0.45	0.89	0.95	0.29	-0.1	0.27	0.28	0.91	0.12	0.18	0.01	-0.12	0.03	0.21	0.11	0.22	0.03	0.1	0.28
Total Revenue	0.87		0.99	1.0	0.58	0.62	0.66	1.0	0.96	0.56	-0.25	0.54	0.41	0.83	0.0	-0.11	-0.03	-0.25	-0.05	0.22	-0.11	0.23	0.26	-0.29	0.2
Gross Profit	0.83	0.99		0.98	0.61	0.64	0.68	0.98	0.94	0.59	-0.23	0.58	0.43	0.78	-0.03	-0.16	-0.02	-0.26	-0.09	0.22	-0.12	0.21	0.31	-0.34	0.2
Other Operating Expenses	0.91	1.0	0.98		0.54	0.58	0.64	1.0	0.98	0.52	-0.24	0.5	0.39	0.86	0.04	-0.05	-0.04	-0.23	-0.02	0.22	-0.09	0.25	0.21	-0.23	0.22
Operating Income	0.31	0.58	0.61	0.54		0.99	0.98	0.56	0.45	0.99	-0.27	0.96	0.74	0.32	0.05	-0.5	-0.36	-0.33	-0.6	0.13	-0.36	-0.02	0.52	-0.81	-0.39
Ebit	0.37	0.62	0.64	0.58	0.99		1.0	0.6	0.5	0.99	-0.23	0.97	0.74	0.37	0.05	-0.47	-0.35	-0.35	-0.61	0.19	-0.34	-0.02	0.52	-0.77	-0.37
Ebitda	0.45	0.66	0.68	0.64	0.98	1.0		0.65	0.56	0.98	-0.23	0.95	0.74	0.44	0.07	-0.43	-0.34	-0.35	-0.59	0.2	-0.32	0.0	0.5	-0.73	-0.34
Cost Of Revenue	0.89	1.0	0.98	1.0	0.56	0.6	0.65		0.97	0.54	-0.26	0.52	0.41	0.85	0.02	-0.09	-0.04	-0.24	-0.03	0.21	-0.11	0.24	0.23	-0.27	0.2
Total Operating Expenses	0.95	0.96	0.94	0.98	0.45	0.5	0.56	0.97		0.43	-0.14	0.42	0.32	0.89	0.13	0.09	-0.05	-0.21	0.01	0.26	-0.03	0.3	0.11	-0.07	0.3
Income Before Tax	0.29	0.56	0.59	0.52	0.99	0.99	0.98	0.54	0.43		-0.16	0.98	0.74	0.28	0.03	-0.49	-0.37	-0.37	-0.62	0.19	-0.34	-0.02	0.52	-0.78	-0.38
Total Other Income Expense Net	-0.1	-0.25	-0.23	-0.24	-0.27	-0.23	-0.23	-0.26	-0.14	-0.16		-0.1	-0.21	-0.22	-0.08	0.33	-0.03	-0.13	0.09	0.28	0.42	0.1	-0.2	0.5	0.26
Net Income	0.27	0.54	0.58	0.5	0.96	0.97	0.95	0.52	0.42	0.98	-0.1		0.6	0.24	0.07	-0.43	-0.33	-0.46	-0.62	0.28	-0.28	0.01	0.52	-0.75	-0.33
Income Tax Expense	0.28	0.41	0.43	0.39	0.74	0.74	0.74	0.41	0.32	0.74	-0.21	0.6		0.28	-0.06	-0.43	-0.35	0.12	-0.43	0.0	-0.37	-0.03	0.45	-0.58	-0.32
Interest Expense	0.91	0.83	0.78	0.86	0.32	0.37	0.44	0.85	0.89	0.28	-0.22	0.24	0.28		-0.11	-0.08	-0.14	-0.08	0.09	-0.04	-0.14	0.02	-0.05	-0.06	0.04
Selling And Marketing Expenses	0.12	0.0	-0.03	0.04	0.05	0.05	0.07	0.02	0.13	0.03	-0.08	0.07	-0.06	-0.11		0.73	0.09	-0.01	-0.19	0.56	0.16	0.67	0.02	0.27	0.46
Selling General Administrative	0.18	-0.11	-0.16	-0.05	-0.5	-0.47	-0.43	-0.09	0.09	-0.49	0.33	-0.43	-0.43	-0.08	0.73		0.31	0.14	0.25	0.56	0.55	0.65	-0.24	0.82	0.78
Research Development	0.01	-0.03	-0.02	-0.04	-0.36	-0.35	-0.34	-0.04	-0.05	-0.37	-0.03	-0.33	-0.35	-0.14	0.09	0.31		0.48	-0.08	0.15	0.74	0.1	0.45	0.32	0.43
Tax Provision	-0.12	-0.25	-0.26	-0.23	-0.33	-0.35	-0.35	-0.24	-0.21	-0.37	-0.13	-0.46	0.12	-0.08	-0.01	0.14	0.48		0.05	-0.11	0.23	-0.05	0.32	0.25	0.18
Interest Income	0.03	-0.05	-0.09	-0.02	-0.6	-0.61	-0.59	-0.03	0.01	-0.62	0.09	-0.62	-0.43	0.09	-0.19	0.25	-0.08	0.05		-0.19	-0.13	0.32	-0.66	0.42	0.33
Extraordinary Items	0.21	0.22	0.22	0.22	0.13	0.19	0.2	0.21	0.26	0.19	0.28	0.28	0.0	-0.04	0.56	0.56	0.15	-0.11	-0.19		0.37	0.56	0.36	0.2	0.58
Net Interest Income	0.11	-0.11	-0.12	-0.09	-0.36	-0.34	-0.32	-0.11	-0.03	-0.34	0.42	-0.28	-0.37	-0.14	0.16	0.55	0.74	0.23	-0.13	0.37		0.11	0.27	0.58	0.45
Discontinued Operations	0.22	0.23	0.21	0.25	-0.02	-0.02	0.0	0.24	0.3	-0.02	0.1	0.01	-0.03	0.02	0.67	0.65	0.1	-0.05	0.32	0.56	0.11		-0.06	0.24	0.64
Net Income From Continuing Ops	0.03	0.26	0.31	0.21	0.52	0.52	0.5	0.23	0.11	0.52	-0.2	0.52	0.45	-0.05	0.02	-0.24	0.45	0.32	-0.66	0.36	0.27	-0.06		-0.46	0.01
Minority Interest	0.1	-0.29	-0.34	-0.23	-0.81	-0.77	-0.73	-0.27	-0.07	-0.78	0.5	-0.75	-0.58	-0.06	0.27	0.82	0.32	0.25	0.42	0.2	0.58	0.24	-0.46		0.64
Reconciled Depreciation	0.28	0.2	0.2	0.22	-0.39	-0.37	-0.34	0.2	0.3	-0.38	0.26	-0.33	-0.32	0.04	0.46	0.78	0.43	0.18	0.33	0.58	0.45	0.64	0.01	0.64

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Trane Technologies Account Relationship Matchups

Trane Technologies income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	364.4M	294.3M	294.1M	319.2M	343.5M	272.7M
Total Revenue	16.6B	12.5B	14.1B	16.0B	17.7B	10.6B
Gross Profit	5.1B	3.8B	4.5B	5.0B	5.9B	3.1B
Other Operating Expenses	14.6B	10.9B	12.1B	13.6B	14.8B	9.5B
Operating Income	2.0B	1.5B	2.0B	2.4B	2.9B	3.0B
Ebit	2.0B	1.5B	2.0B	2.4B	2.8B	2.9B
Ebitda	2.4B	1.8B	2.3B	2.7B	3.1B	3.3B
Cost Of Revenue	11.5B	8.7B	9.7B	11.0B	11.8B	7.5B
Total Operating Expenses	3.1B	2.3B	2.4B	2.5B	3.0B	2.0B
Income Before Tax	1.7B	1.3B	1.8B	2.2B	2.6B	2.7B
Total Other Income Expense Net	(276M)	(244.6M)	(232.6M)	(246.8M)	(326.7M)	(310.4M)
Net Income	1.4B	854.9M	1.4B	1.8B	2.0B	2.1B
Income Tax Expense	353.7M	296.8M	333.5M	375.9M	498.4M	523.3M
Interest Expense	243M	248.7M	233.7M	223.5M	234.5M	184.4M
Selling And Marketing Expenses	2.7B	2.9B	3.1B	2.3B	2.6B	2.9B
Selling General Administrative	6.2B	2.3B	2.4B	2.5B	3.0B	3.7B
Research Development	174.2M	165M	193.5M	211.2M	252.3M	172.4M
Tax Provision	353.7M	296.8M	333.5M	375.9M	498.4M	375.5M
Interest Income	258.6M	268.4M	233.7M	223.5M	15.4M	14.6M
Extraordinary Items	40.6M	(122.3M)	(20.6M)	(21.5M)	(19.4M)	(20.3M)
Net Income Applicable To Common Shares	1.4B	854.9M	1.4B	1.8B	2.0B	1.4B
Net Interest Income	(239.9M)	(248.7M)	(233.7M)	(223.5M)	(219.1M)	(230.1M)
Discontinued Operations	265.8M	(122.3M)	(20.6M)	(21.5M)	(19.4M)	(18.4M)
Net Income From Continuing Ops	1.4B	991.4M	1.5B	1.8B	2.1B	1.6B
Minority Interest	44.8M	19.4M	(13.2M)	(18.2M)	(17.8M)	(16.9M)
Reconciled Depreciation	397.4M	294.3M	299.4M	323.6M	348.1M	271.7M

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Trane Historical Income Statement

About Trane Income Statement Analysis

Trane Technologies Income Statement Chart

Total Revenue

Gross Profit

Operating Income

Trane Technologies income statement Correlations

Trane Technologies Account Relationship Matchups

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Trane Technologies income statement Accounts

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Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebitda	+ 1.0	Ebit
Gross Profit	+ 0.99	Total Revenue
Ebit	+ 0.99	Operating Income

Minority Interest	- 0.81	Operating Income
Minority Interest	- 0.78	Income Before Tax
Minority Interest	- 0.77	Ebit
Minority Interest	- 0.75	Net Income
Minority Interest	- 0.73	Ebitda
Net Income From Continuing Ops	- 0.66	Interest Income