Trane Technologies (TT) revenue breakdown
By segment, Climate is the largest at 79% of fiscal 2019 revenue, growing 7% a year over 3 years.
By product, Product is the largest at 66% of fiscal 2025 revenue; Service grew fastest, 10% a year over 6 years.
Revenue by segment
Fiscal years, as Trane Technologies reports them in its 10-K filings; fiscal 2019 total $16.6B.
| Segments | 2016 | 2017 | 2018 | 2019 | Share |
|---|---|---|---|---|---|
| Climate | $10.5B | $11.2B | $12.3B | $13.1B | 79% |
| Industrial | $3.0B | $3.0B | $3.3B | $3.5B | 21% |
Revenue by product
Fiscal years, as Trane Technologies reports them in its 10-K filings; fiscal 2025 total $21.3B.
| Products | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|
| Product | $9.0B | $8.4B | $9.5B | $10.9B | $12.0B | $13.3B | $14.0B | 66% |
| Service | $4.1B | $4.1B | $4.6B | $5.1B | $5.7B | $6.5B | $7.3B | 34% |
Revenue by region
Fiscal years, as Trane Technologies reports them in its 10-K filings; fiscal 2025 total $21.3B.
| Regions | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|
| Americas | $9.2B | $10.1B | $9.7B | $11.0B | $12.6B | $13.8B | $15.9B | $17.2B | 81% |
| EMEA | $1.8B | $1.8B | $1.6B | $1.9B | $2.0B | $2.4B | $2.6B | $2.8B | 13% |
| Asia Pacific | $1.3B | $1.3B | $1.1B | $1.2B | $1.3B | $1.4B | $1.4B | $1.4B | 6% |
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Where does Trane Technologies make its money?
In fiscal 2019, by segment: Climate $13.1B, Industrial $3.5B.
From Trane Technologies's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.