Trane Technologies plc
Market Cap
$106.5B
Global Rank
#151
All-Time High
$107.7B
2026-07-06
Total Growth
+0%
since 2026
Market Cap Context
- Larger than 59% of the 367 companies we track (globally).
- Just above: #150 ICICI Bank Limited ($107.1B)
- Just below: #152 Tata Consultancy Services Limited ($106.2B)
- Best year: 2009 (+111%). Worst year: 2008 (-62%).
Trane Technologies plc Financial Breakdown (FY 2025)
Source: Yahoo Finance โ TT annual filings (2025) โ$21.3B revenue ยท $4.0B operating income ยท $2.9B net income
- โOperating margin: 18.6% on $21.3B in revenue.
- โNet income margin: 13.7% โ $2.9B in profit.
- โFree cash flow: $2.8B (13.2% of revenue).
Cost / Operating Expenses
Total operating expenses $17.4B
Total
$17.4B
Capital Expenditures
$0.4B
This fiscal year (near-total AI infrastructure buildout)
Free Cash Flow
$2.8B
Trailing twelve months
Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.
About Trane Technologies plc
Trane Technologies plc is an AmericanโIrish domiciled company focused on heating, ventilation, and air conditioning (HVAC) and refrigeration systems. The company traces its corporate history back more than 150 years and was created after a series of mergers and spin-offs. In 2008, HVAC manufacturer Trane was acquired by Ingersoll Rand, a US industrial tools manufacturer. In 2020, the tools business was spun off as Ingersoll Rand and the remaining company was renamed Trane Technologies.
Trane Technologies plc Market Cap History (2026โ2026)
Trane Technologies plc vs Sector Peers by Market Cap
Compare Trane Technologies plc
Ranking History
| Year | Market Cap | Rank | YoY Change |
|---|---|---|---|
| 2026 | $106.5B | #151(โ18) | +24.3% |
| 2025 | $85.6B | #169(โ9) | +6.4% |
| 2024 | $80.5B | #160(โ51) | +52.7% |
| 2023 | $52.7B | #211(โ32) | +47.9% |
| 2022 | $35.6B | #243(โ8) | -15.4% |
| 2021 | $42.1B | #235(โ23) | +41.1% |
| 2020 | $29.9B | #258(โ14) | +43.5% |
| 2019 | $20.8B | #272(โ4) | +48.5% |
| 2018 | $14.0B | #276(โ4) | +4.4% |
| 2017 | $13.4B | #272(โ6) | +21.3% |
| 2016 | $11.1B | #266(โ4) | +38.5% |
| 2015 | $8.0B | #270(โ6) | -11.2% |
| 2014 | $9.0B | #264(โ7) | +4.2% |
| 2013 | $8.6B | #257(โ6) | +63.6% |
| 2012 | $5.3B | #263(โ1) | +59.8% |
| 2011 | $3.3B | #264(โ16) | -34.7% |
| 2010 | $5.1B | #248(โ1) | +32.6% |
| 2009 | $3.8B | #249(โ9) | +111.0% |
| 2008 | $1.8B | #258(โ20) | -61.7% |
| 2007 | $4.7B | #238(โ4) | +20.6% |
| 2006 | $3.9B | #242(โ18) | -1.4% |
| 2005 | $4.0B | #224(โ12) | +2.0% |
| 2004 | $3.9B | #212(โ7) | +19.9% |
| 2003 | $3.2B | #205(โ2) | +60.0% |
| 2002 | $2.0B | #207(โ8) | +4.6% |
| 2001 | $1.9B | #215(โ17) | +1.4% |
| 2000 | $1.9B | #198(โ52) | -22.7% |
| 1999 | $2.5B | #146(โ3) | +17.9% |
| 1998 | $2.1B | #143(โ4) | +18.2% |
| 1997 | $1.8B | #139(โ1) | +38.7% |
| 1996 | $1.3B | #138(โ4) | +29.0% |
| 1995 | $991.9M | #134(โ22) | +13.8% |
| 1994 | $871.3M | #112 |
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FAQ
What is Trane Technologies plc's market cap?
Trane Technologies plc (TT) has a market capitalization of $106.5B, making it the #151 largest company in the world by market cap.
What was Trane Technologies plc's highest market cap?
Trane Technologies plc's all-time high market cap was $107.7B, reached in 2026-07-06. Its highest rank was #151 in 2026.
What sector is Trane Technologies plc in?
Trane Technologies plc is in the Industrials sector, specifically the Building Products & Equipment industry. It is based in Ireland.
How has Trane Technologies plc's market cap changed over time?
Trane Technologies plc has been tracked since 2026. Its market cap has grown by 0% from $106.5B in 2026 to $106.5B today.