Trane Technologies plc
For the period ended Dec 31, 2025. Filed Feb 5, 2026.
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FY2025 · Filed Feb 5, 2026
TT$420.56+4.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Earnings
In millions, except per share amounts
| For the years ended December 31, | 2025 | 2024 | 2023 |
|---|---|---|---|
| Net revenues | |||
| Products | $13,982.3 | $13,314.5 | $11,975.4 |
| Services | 7,339.6 | 6,523.7 | 5,702.2 |
| 21,321.9 | 19,838.2 | 17,677.6 | |
| Costs and expenses | |||
| Cost of products sold | (9,426.5) | (8,927.9) | (8,414.2) |
| Cost of services sold | (4,185.2) | (3,829.8) | (3,406.2) |
| Selling and administrative expenses | (3,742.8) | (3,580.4) | (2,963.2) |
| Operating income | 3,967.4 | 3,500.1 | 2,894.0 |
| Interest expense | (226.7) | (238.4) | (234.5) |
| Other income/(expense), net | (62.1) | (19.9) | (92.2) |
| Earnings before income taxes | 3,678.6 | 3,241.8 | 2,567.3 |
| Provision for income taxes | (705.9) | (627.6) | (498.4) |
| Earnings from continuing operations | 2,972.7 | 2,614.2 | 2,068.9 |
| Discontinued operations, net of tax | (37.0) | (24.7) | (27.2) |
| Net earnings | 2,935.7 | 2,589.5 | 2,041.7 |
| Less: Net earnings from continuing operations attributable to noncontrolling interests | (17.1) | (21.6) | (17.8) |
| Net earnings attributable to Trane Technologies plc | $2,918.6 | $2,567.9 | $2,023.9 |
| Amounts attributable to Trane Technologies plc ordinary shareholders: | |||
| Continuing operations | $2,955.6 | $2,592.6 | $2,051.1 |
| Discontinued operations | (37.0) | (24.7) | (27.2) |
| Net earnings | $2,918.6 | $2,567.9 | $2,023.9 |
| Earnings (loss) per share attributable to Trane Technologies plc ordinary shareholders: | |||
| Basic: | |||
| Continuing operations | $13.25 | $11.46 | $8.97 |
| Discontinued operations | (0.16) | (0.11) | (0.12) |
| Net earnings | $13.09 | $11.35 | $8.85 |
| Diluted: | |||
| Continuing operations | $13.14 | $11.35 | $8.89 |
| Discontinued operations | (0.16) | (0.11) | (0.12) |
| Net earnings | $12.98 | $11.24 | $8.77 |
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