The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

TT

Concerning the House

Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps; chillers; coils and condensers; auxiliary power, cold storage, and condensing units; controls contracting and commissioning, decarbonization programs, and gensets; dehumidifiers; energy and water efficiency programs; energy recovery ventilators and power solutions; energy storage; furnaces; home automation; humidifiers; HVAC performance-monitoring products; and indoor air quality assessments and related products for HVAC and transport solutions. The company also provides asset management, building management, bus air purification, bus and rail HVAC, container refrigeration, control, ductless, geothermal, data center and multi-pipe HVAC, package heating and cooling, rail refrigeration, residential air filtration, self and vehicle powered truck refrigeration, temporary heating and cooling, truck refrigeration, unitary, variable refrigerant flow, and trailer refrigeration systems. In addition, it offers industrial process refrigeration, installation contracting, lighting retrofit, medical grade refrigeration, refrigerant reclamation, renewable energy and storage, residential hybrid heating, telematics, thermostats/controls and associated digital, ventilation, and stationary cold storage solutions; packaged rooftop units; rate chambers; residential air filters; thermal energy storage; transport heater products; temperature freezers; energy infrastructure programs and management, repair and maintenance, smart and AI-enabled, and rental services; water source heat pumps; and aftermarket and OEM parts and supplies. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. The company was founded in 1885 and is headquartered in Swords, Ireland.

Ireland · www.tranetechnologies.com

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$17.68B+1.8%
Operating income$3.97B+10.9%
Net income$2.92B+12.4%
Cash from ops$2.39B+5.6%
Quotation

$477.69

-0.86 (-0.2%)

52w hi$503.46
52w lo$374.67
Vol455.44K
As ofAug 13
The Verdict

Hold

Our score -0.02

Short-0.06
Medium-0.01
Long+0.04

computed 2026-08-13

By the Numbers

Trane Technologies plc

Industrials · Building Products & Equipment

Market cap$105.10B
Enterprise value$108.61B
Trailing P/E35.65x
Forward P/E27.34x
EV / EBITDA25.21x
P / S (ttm)4.73x
Profit margin13.3%
Return on equity36.6%
Revenue growth+10.6%
Earnings growth+7.1%
Debt / equity53.40
Risk Metrics
Beta vs SPX1.03
Corr SPX0.59
Annual vol28.3%
Annual ret+22.9%
Sharpe0.81
Max DD-24.8%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.22
Sector+0.07
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$481.05$483.62$474.25$477.69455.44K
Aug 12$486.16$493.71$478.16$478.55829.30K
Aug 11$480.99$490.46$480.87$483.96873.90K
Aug 10$485.53$486.01$476.79$476.99706.90K
Aug 7$479.72$483.28$476.78$482.31996.50K