SuperworthTrane Technologies profit margin TT
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 13.3%
- Operating margin, 12 months
- 17.9%
- Net margin on a year earlier
- −0.5 pts
- Peer median
- 12.7%
Over the twelve months to Jun 30, 2026, Trane Technologies kept 13.3% of its revenue as net profit, with an operating margin of 17.9% and a gross margin of 35.4%.
Five years earlier its net margin was 9.9%.
The median for 10 industrial machinery stocks of a similar size is 12.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 13.7% | 18.6% | 36.2% |
| FY2024 | 12.9% | 17.6% | 35.7% |
| FY2023 | 11.4% | 16.4% | 33.1% |
| FY2022 | 11.0% | 15.1% | 31.0% |
| FY2021 | 10.1% | 14.3% | 31.6% |
| FY2020 | 6.9% | 12.3% | 30.5% |
| FY2019 | 10.8% | 12.8% | 30.5% |
| FY2018 | 8.5% | 12.2% | 30.8% |
| FY2017 | 9.2% | 11.7% | 30.9% |
| FY2016 | 10.9% | 11.9% | 31.1% |
| FY2015 | 5.0% | 11.0% | 30.1% |
| FY2014 | 7.2% | 10.9% | 30.3% |
| FY2013 | 5.0% | 8.9% | 29.4% |
| FY2012 | 7.3% | 10.7% | 30.5% |
| FY2011 | 2.3% | 5.8% | 29.0% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 13.3% | −0.5 pts | 17.9% | |
| Q1 FY26 | 13.4% | −0.1 pts | 18.2% | |
| Q4 FY25 | 13.7% | +0.7 pts | 18.6% | |
| Q3 FY25 | 13.9% | +1.2 pts | 18.8% | |
| Q2 FY25 | 13.8% | +1.4 pts | 18.4% | |
| Q1 FY25 | 13.5% | +1.7 pts | 18.1% | |
| Q4 FY24 | 12.9% | +1.5 pts | 17.6% | |
| Q3 FY24 | 12.7% | +1.4 pts | 17.4% | |
| Q2 FY24 | 12.3% | +1.2 pts | 17.1% | |
| Q1 FY24 | 11.8% | +0.8 pts | 16.8% | |
| Q4 FY23 | 11.4% | +0.5 pts | 16.4% | |
| Q3 FY23 | 11.3% | +0.7 pts | 16.1% |
Against its peers
Companies in Industrial - Machinery nearest Trane Technologies' size, closest first, today.
| Company | Profit margin |
|---|---|
| TTTrane Technologies | 13.3% |
| EMREmerson Electric | 13.8% |
| PHParker-Hannifin | 17.0% |
| ITWIllinois Tool Works | 19.4% |
| CMICummins | 7.8% |
| PCARPACCAR | 9.0% |
| ROKRockwell Automation | 13.4% |
| CARRCarrier Global | 5.5% |
| GEVGE Vernova | 23.0% |
| OTISOtis Worldwide | 10.2% |
| IRIngersoll Rand | 12.1% |
| Peer median | 12.7% |
Where Trane Technologies ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Trane Technologies
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.