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Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The $20 billion company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for over 80% of its revenue.
2009
45K+
LTM Revenue $20.1B
LTM EBITDA $3.9B
$81.2B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Trane Technologies has a last 12-month revenue of $20.1B and a last 12-month EBITDA of $3.9B.
In the most recent fiscal year, Trane Technologies achieved revenue of $19.8B and an EBITDA of $3.9B.
Trane Technologies expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Trane Technologies valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $17.7B | $19.8B | XXX | XXX | XXX |
| Gross Profit | $5.0B | $5.9B | XXX | XXX | XXX |
| Gross Margin | 28% | 30% | XXX | XXX | XXX |
| EBITDA | $3.1B | $3.9B | XXX | XXX | XXX |
| EBITDA Margin | 18% | 19% | XXX | XXX | XXX |
| Net Profit | $1.8B | $2.0B | XXX | XXX | XXX |
| Net Margin | 10% | 10% | XXX | XXX | XXX |
| Net Debt | $3.6B | $3.7B | XXX | XXX | XXX |
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As of March 17, 2025, Trane Technologies's stock price is $348.
Trane Technologies has current market cap of $78.0B, and EV of $81.2B.
See Trane Technologies trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $81.2B | $78.0B | XXX | XXX | XXX | XXX | $11.55 |
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Sign UpAs of March 17, 2025, Trane Technologies has market cap of $78.0B and EV of $81.2B.
Trane Technologies's trades at 4.0x LTM EV/Revenue multiple, and 20.6x LTM EBITDA.
Analysts estimate Trane Technologies's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Trane Technologies and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $81.2B | XXX | XXX | XXX |
| EV/Revenue | 4.1x | XXX | XXX | XXX |
| EV/EBITDA | 21.0x | XXX | XXX | XXX |
| P/E | 30.4x | XXX | XXX | XXX |
| P/E/Growth | 2.6x | XXX | XXX | XXX |
| EV/FCF | 29.3x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpTrane Technologies's NTM/LTM revenue growth is 7%
Trane Technologies's revenue per employee for the last fiscal year averaged $0.4M, while opex per employee averaged $0.1M for the same period.
Over next 12 months, Trane Technologies's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Trane Technologies's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Trane Technologies and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 12% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 19% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 23% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 27% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.4M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.1M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 18% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Brickworks | XXX | XXX | XXX | XXX | XXX | XXX |
| Reece | XXX | XXX | XXX | XXX | XXX | XXX |
| Grupo Argos | XXX | XXX | XXX | XXX | XXX | XXX |
| ACC | XXX | XXX | XXX | XXX | XXX | XXX |
| Ambuja Cements | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Trane Technologies acquired XXX companies to date.
Last acquisition by Trane Technologies was XXXXXXXX, XXXXX XXXXX XXXXXX . Trane Technologies acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Trane Technologies founded? | Trane Technologies was founded in 2009. |
| Where is Trane Technologies headquartered? | Trane Technologies is headquartered in United States of America. |
| How many employees does Trane Technologies have? | As of today, Trane Technologies has 45K+ employees. |
| Who is the CEO of Trane Technologies? | Trane Technologies's CEO is Mr. David S. Regnery. |
| Is Trane Technologies publicy listed? | Yes, Trane Technologies is a public company listed on NYS. |
| What is the stock symbol of Trane Technologies? | Trane Technologies trades under TT ticker. |
| When did Trane Technologies go public? | Trane Technologies went public in 1948. |
| Who are competitors of Trane Technologies? | Similar companies to Trane Technologies include e.g. Brickworks, Reece, Grupo Argos, ACC. |
| What is the current market cap of Trane Technologies? | Trane Technologies's current market cap is $78.0B |
| What is the current revenue of Trane Technologies? | Trane Technologies's last 12-month revenue is $20.1B. |
| What is the current EBITDA of Trane Technologies? | Trane Technologies's last 12-month EBITDA is $3.9B. |
| What is the current EV/Revenue multiple of Trane Technologies? | Current revenue multiple of Trane Technologies is 4.0x. |
| What is the current EV/EBITDA multiple of Trane Technologies? | Current EBITDA multiple of Trane Technologies is 20.6x. |
| What is the current revenue growth of Trane Technologies? | Trane Technologies revenue growth between 2023 and 2024 was 12%. |
| Is Trane Technologies profitable? | Yes, Trane Technologies is EBITDA-positive (as of the last 12 months). |
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