Stock Analysis on Net
Stock Analysis on Net

Trane Technologies plc (NYSE:TT)

This company has been moved to the archive! The financial data has not been updated since May 3, 2023.

Common-Size Income Statement
Quarterly Data

Trane Technologies plc, common-size consolidated income statement (quarterly data)

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3 months ended: Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Net revenues 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Cost of goods sold -68.81 -70.06 -67.23 -68.42 -70.53 -70.82 -67.63 -66.82 -68.41 -70.18 -67.54 -68.83 -71.89 -69.97 -67.58 -68.34 -70.40 -70.47 -67.44 -68.02 -71.51
Gross profit 31.19% 29.94% 32.77% 31.58% 29.47% 29.18% 32.37% 33.18% 31.59% 29.82% 32.46% 31.17% 28.11% 30.03% 32.42% 31.66% 29.60% 29.53% 32.56% 31.98% 28.49%
Selling and administrative expenses -18.73 -15.69 -15.86 -14.62 -17.90 -16.97 -16.69 -16.18 -19.88 -17.61 -16.24 -17.68 -22.27 -19.78 -18.08 -17.30 -20.70 -18.06 -18.00 -17.29 -21.30
Operating income 12.46% 14.25% 16.91% 16.96% 11.57% 12.21% 15.68% 17.00% 11.70% 12.20% 16.22% 13.49% 5.85% 10.25% 14.35% 14.37% 8.91% 11.47% 14.56% 14.69% 7.19%
Interest expense -1.57 -1.37 -1.28 -1.33 -1.67 -1.57 -1.55 -1.55 -2.01 -1.95 -1.79 -1.95 -2.39 -1.52 -1.48 -1.43 -1.42 -1.26 -1.20 -1.15 -2.15
Other income (expense), net -0.26 -0.06 -0.43 -0.04 -0.02 0.42 -0.19 0.01 -0.24 -0.11 -0.13 -0.01 0.47 -0.25 -0.17 0.08 -0.53 -0.52 -0.21 -0.08 -0.12
Earnings before income taxes 10.63% 12.83% 15.21% 15.59% 9.88% 11.06% 13.95% 15.46% 9.45% 10.15% 14.30% 11.53% 3.93% 8.47% 12.70% 13.01% 6.96% 9.69% 13.15% 13.46% 4.92%
(Provision) benefit for income taxes -2.00 -1.80 -2.39 -3.26 -1.82 -1.84 -2.60 -3.21 -1.60 -2.28 -2.57 -2.66 -1.93 -1.79 -2.60 -2.72 -1.20 -3.12 0.03 -2.94 -0.98
Earnings from continuing operations 8.64% 11.02% 12.82% 12.33% 8.06% 9.22% 11.34% 12.25% 7.85% 7.87% 11.73% 8.87% 2.00% 6.68% 10.11% 10.29% 5.76% 6.57% 13.18% 10.52% 3.94%
Discontinued operations, net of tax -0.15 -0.12 -0.18 -0.04 -0.21 -0.22 -0.36 -0.01 0.03 -0.03 -0.16 -1.15 -2.98 0.58 0.56 -0.12 -0.06 0.14 -0.29 -0.14 -0.28
Net earnings (loss) 8.49% 10.90% 12.64% 12.29% 7.85% 9.00% 10.99% 12.25% 7.88% 7.84% 11.57% 7.71% -0.98% 7.25% 10.67% 10.17% 5.70% 6.71% 12.89% 10.39% 3.67%
Net earnings attributable to noncontrolling interests -0.11 -0.12 -0.10 -0.13 -0.10 -0.09 -0.08 -0.11 -0.09 -0.14 -0.11 -0.11 -0.12 -0.12 -0.11 -0.09 -0.11 -0.19 -0.11 -0.10 -0.11
Net earnings (loss) attributable to Trane Technologies plc 8.38% 10.78% 12.53% 12.15% 7.75% 8.90% 10.91% 12.13% 7.79% 7.70% 11.46% 7.61% -1.11% 7.13% 10.56% 10.07% 5.59% 6.52% 12.78% 10.28% 3.56%

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Trane Technologies plc operating income as a percentage of net revenues decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Earnings before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Trane Technologies plc earnings before income taxes as a percentage of net revenues decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Net earnings (loss) attributable to Trane Technologies plc The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Trane Technologies plc net earnings (loss) attributable to Trane Technologies plc as a percentage of net revenues decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.