Stock Analysis on Net

Trane Technologies plc (NYSE:TT)

$22.49

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

Income Statement

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

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Trane Technologies plc, consolidated income statement

US$ in thousands

Microsoft Excel
12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Products
Services
Net revenues (legacy)
Net revenues
Cost of products sold
Cost of services sold
Cost of goods sold (lagacy)
Cost of goods sold
Gross profit
Selling and administrative expenses
Operating income
Interest expense
Interest income
Foreign currency exchange loss
Other components of net periodic benefit cost
Other activity, net
Other income (expense), net
Earnings before income taxes
Provision for income taxes
Earnings from continuing operations
Discontinued operations, net of tax
Net earnings
Net earnings attributable to noncontrolling interests
Net earnings attributable to Trane Technologies plc

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Income statement item Description The company
Net revenues Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Trane Technologies plc net revenues increased from 2020 to 2021 and from 2021 to 2022.
Operating income The net result for the period of deducting operating expenses from operating revenues. Trane Technologies plc operating income increased from 2020 to 2021 and from 2021 to 2022.
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 increased from 2020 to 2021 and from 2021 to 2022.
Net earnings 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 attributable to Trane Technologies plc increased from 2020 to 2021 and from 2021 to 2022.