Trane Technologies PLC
General ticker "TT" information:
- Sector: Industrials
- Industry: Building Products
- Capitalization: $91.2B
Trane Technologies PLC closely follows the US Stock Market performance with the rate: 77.2%.
Estimated limits based on current volatility of 1.4%: low 375.44$, high 386.32$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-12-06, amount 0.84$ (Y0.89%)
- Current price 30.1% above estimated high
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [210.15$, 289.92$]
- 2024-12-30 to 2025-12-30 estimated range: [238.26$, 324.09$]
Financial Metrics affecting the TT estimates:
- Positive: Non-GAAP EPS, $ of 9.05 > 2.29
- Positive: 6.94 < Industry operating cash flow per share per price (median), % of 8.88
- Negative: Investing cash flow per share, $ of -5.16 <= -3.48
- Negative: Industry earnings per price (median), % of 5.29 <= 5.96
- Negative: Interest expense per share, $ of 1.03 > 0.74
- Positive: 9.05 < Operating profit margin, % of 16.37
- Positive: Return on assets ratio (scaled to [-100,100]) of 9.45 > 7.10
Short-term TT quotes
Long-term TT plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $14,136.40MM | $15,991.70MM | $17,677.60MM |
| Operating Expenses | $12,113.10MM | $13,572.80MM | $14,783.60MM |
| Operating Income | $2,023.30MM | $2,418.90MM | $2,894.00MM |
| Non-Operating Income | $-232.60MM | $-246.80MM | $-326.70MM |
| Interest Expense | $233.70MM | $223.50MM | $234.50MM |
| R&D Expense | $193.50MM | $211.20MM | $252.30MM |
| Income(Loss) | $1,790.70MM | $2,172.10MM | $2,567.30MM |
| Taxes | $333.50MM | $375.90MM | $498.40MM |
| Other Income(Loss) | $-33.80MM | $-39.70MM | $-45.00MM |
| Profit(Loss) | $1,423.40MM | $1,756.50MM | $2,023.90MM |
| Stockholders Equity | $6,255.90MM | $6,088.60MM | $6,995.20MM |
| Inventory | $1,530.80MM | $1,993.80MM | $2,152.10MM |
| Assets | $18,059.80MM | $18,081.60MM | $19,391.90MM |
| Operating Cash Flow | $1,588.30MM | $1,504.00MM | $2,389.60MM |
| Capital expenditure | $223.00MM | $291.80MM | $300.70MM |
| Investing Cash Flow | $-545.70MM | $-540.40MM | $-1,172.20MM |
| Financing Cash Flow | $-2,127.60MM | $-1,852.20MM | $-1,350.30MM |
| Earnings Per Share* | $5.96 | $7.55 | $8.91 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.