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.
The company achieves more dominant share, especially in commercial solutions, widening its lead over Johnson Controls and Carrier.
Pricing power erodes due to insufficient product differentiation.
|
Metric
|
TT
|
CARR
|
LII
|
|---|---|---|---|
Price/Earnings (Normalized) | 28.13 | 34.53 | 15.29 |
Price/Book Value | 9.86 | 4.37 | 8.94 |
Price/Sales | 3.93 | 1.96 | 2.20 |
Price/Cash Flow | 23.71 | 16.33 | 12.62 |
|
Metric
|
TT
|
CARR
|
LII
|
|---|---|---|---|
Quick Ratio | 0.69 | 0.54 | 0.50 |
Current Ratio | 1.12 | 1.00 | 1.21 |
Interest Coverage | 19.03 | −2.32 | 14.85 |
|
Metric
|
TT
|
CARR
|
LII
|
|---|---|---|---|
Return on Assets (Normalized) | 14.59% | 3.92% | 18.40% |
Return on Equity (Normalized) | 38.27% | 11.06% | 64.17% |
Return on Invested Capital (Normalized) | 26.29% | 6.72% | 27.10% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Johnson Controls International PLC Registered Shares
JCI
| LOCK|RsSv?y | LOCK|<&hX | $90B | |||
| Carrier Global Corp Ordinary Shares
CARR
| LOCK|ClvWs?B | LOCK|%yWL | $44B | |||
| Daikin Industries Ltd ADR
DKILY
| — | LOCK|LXnb | $37B | |||
| Daikin Industries Ltd
DKILF
| — | LOCK|ZJ<@z | $37B | |||
| Compagnie de Saint-Gobain SA
CODGF
| — | LOCK|mh! | $37B | |||
| Compagnie de Saint-Gobain SA ADR
CODYY
| — | LOCK|>d | $37B | |||
| Masco Corp
MAS
| LOCK|^H&ggn | LOCK|#m! | $16B | |||
| Lennox International Inc
LII
| LOCK|&Ht$!V# | LOCK|phyC | $12B | |||
| Fortune Brands Innovations Inc
FBIN
| LOCK|?yh@@t! | LOCK|%?R! | $5B |
United States