Trane Technologies plcTT

Is TT cheap right now? Every multiple below is scored against its own 10-year range, not a sector average.

$442.52+2.69 (+0.61%)24:00 UTC
NYSEIndustrials

Company snapshot

Market Cap
$99B
Large-cap
+659%
2016 — today
10-Year Price
+790%
2016 — today
52-Week Range
$376.43$503.46
Current $442.52· 52%

Trane Technologies designs, manufactures, and services climate control solutions for buildings and transport. Its HVAC portfolio includes air conditioners, heat pumps, furnaces, chillers, and building management systems. For transport, it provides Thermo King refrigeration units—including diesel, electric, and hybrid options—for trucks, trailers, and rail. The firm also delivers energy management, performance contracting, and aftermarket parts. Rebranded from Ingersoll-Rand in 2020, it operates globally.

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Valuation in context

P/E ratio
33.5
Above average
Pricier than usual over the last 10 years
Sector median 24.5above sector
P/B ratio
11.4
Historically pricey
Historically pricey — last 10 years
Sector median 2.3above sector
EV / EBITDA
23.5
Historically pricey
Historically pricey — last 10 years
Sector median 13.1above sector
Dividend Yield
0.9%
Historically low
Historically low relative to the last 10 years
Sector median 1.5%below sector
PEG ratio
1.8
Around average
Around the 10-year average
Sector median 1.7in line with sector
FCF Yield
3.8%
Around average
Around the 10-year average
Sector median 2.7%above sector
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