Trane Technologies PLC Class A

TT: XNYS (USA)

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Trane Technologies Earnings: Top-Line Momentum Improving, but Costs Weigh

George Maglares

Oct 29, 2026

Trane saw very impressive performance in commercial and residential HVAC in the third quarter but held earnings per share guidance flat despite boosting sales. Organic revenue grew 16% to $6.8 billion, adjusted operating margin compressed 40 basis points to 20.2%, and adjusted EPS grew 25% to $4.86.

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Trane Technologies PLC Class A

Trane Technologies Earnings: Top-Line Momentum Improving, but Costs Weigh

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