Wall Street analyst estimates for Trane Technologies plc (TT): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
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 pr...
Consensus price target
$529.43 (+28 % vs price $413.28)
between $485.00 and $565.00 · 5 targets published in the last quarter
Closing price, Nov 2
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $24.1B | $23.8B – $24.4B | $15.28 | 14 |
| 2027E | $26.6B | $24.9B – $27.2B | $17.72 | 15 |
| 2028E | $28.9B | $27.0B – $30.2B | $20.35 | 11 |
Figures in USD · consensus as of November 1, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 12 |
| Hold | 14 |
| Sell | 1 |
| Strong Sell | 0 |
| Total analysts | 27 |
| Avg rating (−2 sell to +2 buy) | 0.41 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2027-02-04 | $3.51 | ||
| 2026-10-29 | $4.86 | $4.73 | +2.7% |
| 2026-07-30 | $4.31 | $4.27 | +0.9% |
| 2026-04-30 | $2.63 | $2.53 | +4.0% |
| 2026-01-29 | $2.86 | $2.81 | +1.8% |
| 2025-10-30 | $3.88 | $3.80 | +2.1% |
| 2025-07-30 | $3.88 | $3.79 | +2.4% |
| 2025-04-30 | $2.45 | $2.20 | +11.4% |
Valuation Ratios
| P/E Ratio | 29.19 |
| Price / Book | 10.02 |
| Dividend Yield | 0.99% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.51B | $14.20B | $12.34B | $13.08B | $12.45B | $14.14B | $15.99B | $17.68B | $19.84B | $21.32B |
| Cost of Revenue | $9.33B | $9.81B | $8.58B | $9.09B | $8.65B | $9.67B | $11.03B | $11.82B | $12.76B | $13.61B |
| Gross Profit | $4.20B | $4.39B | $3.76B | $4.03B | $3.80B | $4.47B | $4.96B | $5.86B | $7.08B | $7.71B |
| Research & Development | $207.9M | $210.8M | $166.7M | $174.2M | 0 | 0 | 0 | 0 | 0 | $347.6M |
| Selling, General & Admin | $2.61B | $2.50B | $2.25B | $2.13B | $2.27B | $2.45B | $2.55B | $2.96B | $3.58B | $3.84B |
| Operating Expenses | $2.61B | $2.71B | $2.25B | $2.36B | $2.27B | $2.45B | $2.55B | $2.96B | $3.58B | $3.74B |
| Operating Income | $1.60B | $1.67B | $1.51B | $1.67B | $1.53B | $2.02B | $2.42B | $2.89B | $3.50B | $3.97B |
| EBITDA | $2.31B | $1.99B | $2.16B | $1.93B | $1.83B | $2.32B | $2.72B | $3.15B | $3.86B | $4.21B |
| Interest Expense | $221.5M | $215.8M | $221.0M | $243.0M | $248.7M | $233.7M | $223.5M | $234.5M | $238.4M | $227.5M |
| Pre-tax Income | $1.74B | $1.42B | $1.26B | $1.40B | $1.29B | $1.79B | $2.17B | $2.57B | $3.24B | $3.68B |
| Income Tax | $281.5M | $80.2M | $234.9M | $238.6M | $296.8M | $333.5M | $375.9M | $498.4M | $627.6M | $705.9M |
| Net Income | $1.48B | $1.30B | $1.34B | $1.41B | $854.9M | $1.42B | $1.76B | $2.02B | $2.57B | $2.92B |
| EPS | $5.70 | $5.22 | $5.53 | $5.84 | $3.56 | $5.96 | $7.55 | $8.85 | $11.44 | $13.09 |
| EPS (Diluted) | $5.65 | $5.05 | $5.35 | $5.77 | $3.52 | $5.87 | $7.48 | $8.77 | $11.24 | $12.98 |
| Shares Outstanding (Diluted) | 261.7 M | 258.1 M | 250.1 M | 244.4 M | 243.1 M | 242.3 M | 234.9 M | 230.7 M | 228.4 M | 223.6 M |
Price
| Price | $413.28 (closing price, November 2, 2026) |
| Market Cap | $90.5B |
| Exchange | NYSE |
| Country | IE |
Related companies: AAON · JCI · CARR · LII
Explore sector: Industrials · Industrial - Machinery
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