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Trane Technologies

$329.64

Earnings Summary

Revenue
$4215.5Mn
Net Profits
$436.3Mn
Net Profit Margins
10.35%
PE Ratio
35.22

Highlights

Revenue:

Trane Technologies’s revenue jumped 15% since last year same period to $4215.5Mn in the Q1 2024. On a quarterly growth basis, Trane Technologies has generated -4.72% fall in its revenue since last 3-months.

Net Profits:

Trane Technologies’s net profit jumped 42.07% since last year same period to $436.3Mn in the Q1 2024. On a quarterly growth basis, Trane Technologies has generated -13.48% fall in its net profits since last 3-months.

Net Profit Margins:

Trane Technologies’s net profit margin jumped 23.54% since last year same period to 10.35% in the Q1 2024. On a quarterly growth basis, Trane Technologies has generated -9.2% fall in its net profit margins since last 3-months.

PE Ratio:

Trane Technologies’s price-to-earnings ratio after this Q1 2024 earnings stands at 35.22.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Trane Technologies post its latest quarter earnings

EPS Estimate Current Quarter
2.86
EPS Estimate Current Year
2.86

Highlights

EPS Estimate Current Quarter:

Trane Technologies’s earning per share (EPS) estimates for the current quarter stand at 2.86 - a 73.33% jump from last quarter’s estimates.

EPS Estimate Current Year:

Trane Technologies’s earning per share (EPS) estimates for the current year stand at 2.86.

Key Ratios

Key ratios of the Trane Technologies post its Q1 2024 earnings

Earning Per Share (EPS)
1.94
Return on Assets (ROA)
0.1
Return on Equity (ROE)
0.34
Dividend Per Share (DPS)
0.84

Highlights

Earning Per Share (EPS):

Trane Technologies’s earning per share (EPS) jumped 37.59% since last year same period to 1.94 in the Q1 2024. This indicates that the Trane Technologies has generated 37.59% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Trane Technologies’s return on assets (ROA) stands at 0.1.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Trane Technologies’s return on equity (ROE) stands at 0.34.

Dividend Per Share (DPS):

Trane Technologies declared 0.84 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-30
1.65
1.94
17.58%