Trane Technologies plc
TTFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
19,838
Cost of Revenue
12,758
Gross Profit
7,081
Gross Margin
35.7%
Operating Income
3,500
Operating Margin
17.6%
Net Income
2,568
Net Margin
12.9%
EPS (Basic)
$11.44
EPS (Diluted)
$11.24
EBITDA
3,860
EBITDA Margin
19.5%
2023
12/31/2023
Revenue
17,678
Cost of Revenue
11,820
Gross Profit
5,857
Gross Margin
33.1%
Operating Income
2,894
Operating Margin
16.4%
Net Income
2,024
Net Margin
11.4%
EPS (Basic)
$8.85
EPS (Diluted)
$8.77
EBITDA
3,150
EBITDA Margin
17.8%
2022
12/31/2022
Revenue
15,992
Cost of Revenue
11,027
Gross Profit
4,965
Gross Margin
31.0%
Operating Income
2,419
Operating Margin
15.1%
Net Income
1,757
Net Margin
11.0%
EPS (Basic)
$7.55
EPS (Diluted)
$7.48
EBITDA
2,716
EBITDA Margin
17.0%
2021
12/31/2021
Revenue
14,136
Cost of Revenue
9,667
Gross Profit
4,470
Gross Margin
31.6%
Operating Income
2,023
Operating Margin
14.3%
Net Income
1,423
Net Margin
10.1%
EPS (Basic)
$5.96
EPS (Diluted)
$5.87
EBITDA
2,319
EBITDA Margin
16.4%
2020
12/31/2020
Revenue
12,455
Cost of Revenue
8,651
Gross Profit
3,803
Gross Margin
30.5%
Operating Income
1,533
Operating Margin
12.3%
Net Income
855
Net Margin
6.9%
EPS (Basic)
$3.56
EPS (Diluted)
$3.52
EBITDA
1,832
EBITDA Margin
14.7%