Is TT a good stock to buy right now?

Based on our 6-factor quantitative model, Trane Technologies plc (TT) receives a "Hold" rating with a composite score of 49.8/100. It is ranked #1,282 out of 4,446 stocks. Key factor scores: Quality 50/100, Value 56/100, Momentum 54/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for TT?

Trane Technologies plc (TT) has a "Hold" rating and 3-star score. The composite score of 49.8 ranks it #1,282 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is TT in?

Trane Technologies plc operates in the Technology sector (Measuring And Control Equipment industry) with a market cap of $94.76 billion. It is classified as a large-cap stock.

Does TT pay a dividend?

Yes, TT pays a dividend with a current yield of 0.87%. For every $1,000 invested, you would receive approximately $8.70 in annual dividend income.

What is TT's P/E ratio?

TT has a trailing P/E ratio of 30.67x. The Technology sector average is 45.3x. This above-average P/E reflects growth expectations or premium valuation.

How profitable is TT?

TT's quality factor score is 50/100. Gross margin: 36.6%. ROE: 36.2% vs sector average -1.4%. Margins are moderate to low, reflecting competitive market dynamics.

How is TT valued compared to peers?

TT's value factor score is 56/100 (higher = cheaper). Key multiples: P/E 30.7x, EV/EBITDA 24.0x. Valuation is roughly in line with peers.

What is TT's debt level?

TT's debt-to-equity ratio is 54%. Sector average: 43%. Moderate leverage is normal for established companies.

TT has a beta of 1.18, meaning it tracks the market. Stability score: 72/100.

Does TT have high short interest?

TT's short interest factor score is 29/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

TT Stock Analysis: Hold (Score 49.8/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
TT	+1.22%	+9.05%	+7.39%	+19.66%	+37.65%	-	-	-
Industry Proxy XLK	+0.39%	+4.88%	+2.05%	-0.94%	-26.62%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	+1.28%	+5.44%	+7.05%	+20.02%	+8.13%	-	-	-
Alpha vs Sector	+0.83%	+4.17%	+5.34%	+20.60%	+64.27%	-	-	-

Metric	TT	Benchmark
P/E Ratio	30.7x	-32%
EV/EBITDA	24.0x	+88%
Price / Book	11.1x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
VRSN VERISIGN INC/CA	56	79	59	40	30.7x	-41.1%	88.0%	50.6%	8.3%	-87.0x	$23.0B	VS
IHS IHS Holding Ltd	55	42	63	63	-	-616.0%	48.0%	-96.1%	-	365.0x	$2.8B	VS
LHX L3HARRIS TECHNOLOGIES, INC. /DE/	55	50	52	66	37.5x	9.0%	25.5%	8.1%	10.3%	110.0x	$66.1B	VS
ESP ESPEY MFG & ELECTRONICS CORP	53	48	44	71	25.8x	12.8%	29.0%	17.1%	-11.7%	66.0x	$169M	VS
NYAX Nayax Ltd.	52	38	46	78	-	-13.6%	44.6%	-1.8%	-	30.0x	$2.2B	VS
ESE ESCO TECHNOLOGIES INC	52	49	40	69	65.6x	7.4%	40.8%	10.4%	16.3%	9.0x	$7.6B	VS
INTT INTEST CORP	52	50	32	72	-	-3.2%	43.1%	-3.1%	-22.8%	46.0x	$179M	VS
TT Trane Technologies plc	50	50	56	54	30.7x	36.2%	36.6%	14.4%	8.2%	54.0x	$94.8B
KARO Karooooo Ltd.	49	50	72	53	-	117.1%	69.5%	20.3%	-	10.0x	$1.6B	VS
MTC MMTec, Inc.	47	32	40	96	-	-1,370.8%	81.6%	-4,879.7%	-	120.0x	$136M	VS
CCLD CareCloud, Inc.	47	38	71	60	12.4x	18.5%	48.0%	9.6%	10.6%	47.0x	$154M	VS

Key Ratio	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Gross Margin %	0.4%	-	0.4%	-	-	-	0.3%	0.3%	0.3%	0.3%	0.3%
Operating Margin %	0.2%	0.2%	0.2%	0.2%	0.2%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%
EBITDA Margin %	0.2%	0.2%	0.2%	0.2%	0.2%	0.1%	0.1%	0.1%	0.1%	0.1%	0.2%
Net Margin %	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%
FCF Margin %	11.2%	-	14.0%	-	-	-	10.3%	10.3%	7.2%	9.2%	9.9%
ROE %	0.4%	0.3%	0.3%	0.3%	0.3%	0.2%	0.1%	0.2%	0.2%	0.2%	0.2%
ROA %	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.0%	0.1%	0.1%	0.1%	0.1%
ROIC %	0.3%	23.7%	26.0%	19.4%	17.5%	14.4%	14.4%	13.8%	14.8%	13.6%	13.8%

Key Ratio

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

Gross Margin %

0.4%

0.3%

Operating Margin %

0.2%

0.1%

EBITDA Margin %

0.2%

0.1%

0.2%

Net Margin %

0.1%

FCF Margin %

11.2%

14.0%

10.3%

7.2%

9.2%

9.9%

ROE %

0.4%

0.3%

0.2%

0.1%

0.2%

ROA %

0.1%

0.0%

0.1%

ROIC %

0.3%

23.7%

26.0%

19.4%

17.5%

14.4%

13.8%

14.8%

13.6%

13.8%

Line Item	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
	$21.6B	$21.3B	$19.8B	$17.7B	$16.0B	$14.1B	$12.5B	$16.6B	$15.7B	$14.2B	$13.5B	$13.3B
	$7.9B	—	$7.1B	—	—	—	$3.8B	$5.1B	$4.8B	$4.4B	$4.2B	$4.0B
Gross Margin	36.6%	---	35.7%	---	---	---	30.5%	30.5%	30.5%	30.9%	31.1%	30.3%
	—	$3.7B	—	$3.0B	$2.5B	$2.4B	—	—	—	—	—	—
Research & Development	—	$348M	—	$252M	$211M	$194M	—	—	—	—	—	—
Depreciation	—	—	$379M	—	—	—	$294M	$289M	$282M	$353M	$352M	$364M
Total Operating Expenses	—	$17.4B	—	$14.8B	$13.6B	$12.1B	—	—	—	—	—	—
	$4.2B	$4.0B	$3.5B	$2.9B	$2.4B	$2.0B	$1.5B	$2.0B	$1.9B	$1.7B	$1.6B	$1.5B
EBIT	$3.8B	$4.0B	$3.5B	$2.9B	$2.4B	$2.0B	$1.5B	$2.0B	$1.9B	$1.7B	$1.6B	$1.5B
EBITDA	$4.2B	$4.0B	$3.9B	$2.9B	$2.4B	$2.0B	$1.8B	$1.9B	$1.8B	$2.0B	$2.3B	$1.8B
Operating Margin	19.2%	18.6%	17.6%	16.4%	15.1%	14.3%	12.3%	12.8%	12.3%	11.7%	11.9%	11.2%
EBITDA Margin	19.3%	18.6%	19.5%	16.4%	15.1%	14.3%	14.7%	11.6%	11.2%	14.0%	17.1%	13.8%
	—	$227M	$238M	$235M	$224M	$234M	$249M	$243M	$221M	$216M	$222M	$223M
	—	$3.7B	—	$2.6B	$2.2B	$1.8B	—	—	—	—	—	—
Income Tax Expense	—	$706M	$628M	$498M	$376M	$334M	$297M	$354M	$281M	$80M	$282M	$541M
	$3.1B	$2.9B	$2.6B	$2.0B	$1.8B	$1.4B	$870M	$1.4B	$1.4B	$1.3B	$1.5B	$683M
Net Margin	14.3%	13.8%	13.1%	11.6%	11.1%	10.2%	7.0%	10.9%	11.0%	9.2%	11.1%	5.1%
	$13.09	$13.09	$11.35	$8.85	$7.55	$5.96	$3.56	$5.84	$5.41	$5.11	$5.70	$2.51
Diluted EPS	$13.09	$12.98	$11.35	$8.77	$7.48	$5.87	$3.56	$5.84	$5.41	$5.11	$5.70	$2.51
Weighted Avg Basic	—	223M	—	229M	233M	239M	—	—	—	—	—	—
Weighted Avg Diluted	—	225M	—	231M	235M	242M	—	—	—	—	—	—

Line Item

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

$21.6B

$21.3B

$19.8B

$17.7B

$16.0B

$14.1B

$12.5B

$16.6B

$15.7B

$14.2B

$13.5B

$13.3B

$7.9B

—

$7.1B

—

$3.8B

$5.1B

$4.8B

$4.4B

$4.2B

$4.0B

Gross Margin

36.6%

---

35.7%

---

30.5%

30.9%

31.1%

30.3%

—

$3.7B

—

$3.0B

$2.5B

$2.4B

—

Research & Development

—

$348M

—

$252M

$211M

$194M

—

Depreciation

—

$379M

—

$294M

$289M

$282M

$353M

$352M

$364M

Total Operating Expenses

—

$17.4B

—

$14.8B

$13.6B

$12.1B

—

$4.2B

$4.0B

$3.5B

$2.9B

$2.4B

$2.0B

$1.5B

$2.0B

$1.9B

$1.7B

$1.6B

$1.5B

EBIT

$3.8B

$4.0B

$3.5B

$2.9B

$2.4B

$2.0B

$1.5B

$2.0B

$1.9B

$1.7B

$1.6B

$1.5B

EBITDA

$4.2B

$4.0B

$3.9B

$2.9B

$2.4B

$2.0B

$1.8B

$1.9B

$1.8B

$2.0B

$2.3B

$1.8B

Operating Margin

19.2%

18.6%

17.6%

16.4%

15.1%

14.3%

12.3%

12.8%

12.3%

11.7%

11.9%

11.2%

EBITDA Margin

19.3%

18.6%

19.5%

16.4%

15.1%

14.3%

14.7%

11.6%

11.2%

14.0%

17.1%

13.8%

—

$227M

$238M

$235M

$224M

$234M

$249M

$243M

$221M

$216M

$222M

$223M

—

$3.7B

—

$2.6B

$2.2B

$1.8B

—

Income Tax Expense

—

$706M

$628M

$498M

$376M

$334M

$297M

$354M

$281M

$80M

$282M

$541M

$3.1B

$2.9B

$2.6B

$2.0B

$1.8B

$1.4B

$870M

$1.4B

$1.3B

$1.5B

$683M

Net Margin

14.3%

13.8%

13.1%

11.6%

11.1%

10.2%

7.0%

10.9%

11.0%

9.2%

11.1%

5.1%

$13.09

$11.35

$8.85

$7.55

$5.96

$3.56

$5.84

$5.41

$5.11

$5.70

$2.51

Diluted EPS

$13.09

$12.98

$11.35

$8.77

$7.48

$5.87

$3.56

$5.84

$5.41

$5.11

$5.70

$2.51

Weighted Avg Basic

—

223M

—

229M

233M

239M

—

Weighted Avg Diluted

—

225M

—

231M

235M

242M

—

Trane Technologies plc (TT) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does Trane Technologies plc Do?

Trane Technologies plc, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of solutions for heating, ventilation, air conditioning, and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; auxiliary power units; chillers; coils and condensers; gensets; furnaces; heat pumps; home automation products; humidifiers; hybrid and non-diesel transport refrigeration, and ice energy storage solutions; indoor air quality assessments and related products; large and light commercial unitary products; motor replacements; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. The company also provides building management, control, ductless, geothermal, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, cryogenic, diesel-powered, electric-powered trailer and truck, hybrid-powered trailer, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration systems, as well as aftermarket and OEM parts and supplies. In addition, it offers energy and facility management, installation and performance contracting, repair and maintenance, and rental services. It markets and sells its products under the Trane and Thermo King brands through sales offices, distributors, and dealers in the United States; and through sales and service companies with a supporting chain of distributors worldwide. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. Trane Technologies plc was founded in 1885 and is headquartered in Swords, Ireland. Trane Technologies plc (TT) is classified as a large-cap stock in the Technology sector, specifically within the Measuring And Control Equipment industry. The company is led by CEO Dave S. Regnery and employs approximately 39,000 people, headquartered in CO. DUBLIN, North Carolina. With a market capitalization of $94.8B, TT is one of the prominent companies in the Technology sector.

Trane Technologies plc (TT) Stock Rating — Hold (April 2026)

As of April 2026, Trane Technologies plc receives a Hold rating with a composite score of 49.8/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.TT ranks #1,282 out of 4,446 stocks in our coverage universe. Within the Technology sector, Trane Technologies plc ranks #137 of 584 stocks, placing it in the top quartile of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

TT Stock Price and 52-Week Range

Trane Technologies plc (TT) currently trades at $465.71. The stock gained $5.60 (1.2%) in the most recent trading session. The 52-week high for TT is $479.37, which means the stock is currently trading -2.8% from its annual peak. The 52-week low is $298.15, putting the stock 56.2% above its annual trough. Recent trading volume was 1.3M shares, reflecting moderate market activity.

Is TT Overvalued or Undervalued? — Valuation Analysis

Trane Technologies plc (TT) carries a value factor score of 56/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 30.67x, compared to the Technology sector average of 45.27x — a discount of 32%. The price-to-book ratio stands at 11.11x, versus the sector average of 3.16x. The price-to-sales ratio is 4.42x, compared to 1.06x for the average Technology stock. On an enterprise value basis, TT trades at 24.01x EV/EBITDA, versus 12.79x for the sector. The EV/EBIT multiple is 26.64x.

Overall, TT's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

Trane Technologies plc Profitability — ROE, Margins, and Quality Score

Trane Technologies plc (TT) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 36.2%, compared to the Technology sector average of -1.4%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 14.5% versus the sector average of -1.0%.

On a margin basis, Trane Technologies plc reports gross margins of 36.6%, compared to 50.9% for the sector. The operating margin is 19.2% (sector: -0.5%). Net profit margin stands at 14.3%, versus -1.5% for the average Technology stock. Revenue growth is running at 8.2% on a trailing basis, compared to 14.2% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.

TT Debt, Balance Sheet, and Financial Health

Trane Technologies plc has a debt-to-equity ratio of 54.0%, compared to the Technology sector average of 43.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.25x, suggesting adequate working capital coverage. Total debt on the balance sheet is $4.62B.

TT has a beta of 1.18, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for Trane Technologies plc is 72/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.

Trane Technologies plc Revenue and Earnings History — Quarterly Trend

In TTM 2026, Trane Technologies plc reported revenue of $21.62B and earnings per share (EPS) of $13.09. Net income for the quarter was $3.12B. Gross margin was 36.6%. Operating income came in at $4.17B.

In FY 2025, Trane Technologies plc reported revenue of $21.32B and earnings per share (EPS) of $13.09. Net income for the quarter was $2.94B. Revenue grew 7.5% year-over-year compared to FY 2024. Operating income came in at $3.97B.

In Q3 2025, Trane Technologies plc reported revenue of $5.74B and earnings per share (EPS) of $3.81. Net income for the quarter was $851M. Gross margin was 36.9%. Revenue grew 5.5% year-over-year compared to Q3 2024. Operating income came in at $1.17B.

In Q2 2025, Trane Technologies plc reported revenue of $5.75B and earnings per share (EPS) of $3.92. Net income for the quarter was $879M. Gross margin was 37.6%. Revenue grew 8.3% year-over-year compared to Q2 2024. Operating income came in at $1.16B.

Over the past 8 quarters, Trane Technologies plc has demonstrated a growth trajectory, with revenue expanding from $5.31B to $21.62B. Investors analyzing TT stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

TT Dividend Yield and Income Analysis

Trane Technologies plc (TT) currently pays a dividend yield of 0.9%. At this yield, a $10,000 investment in TT stock would generate approximately $$87.00 in annual dividend income. The net margin of 14.3% provides reasonable coverage for the dividend, though investors should monitor payout sustainability.

TT Momentum and Technical Analysis Profile

Trane Technologies plc (TT) has a momentum factor score of 54/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 30/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 29/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

TT vs Competitors — Technology Sector Ranking and Peer Comparison

Within the Technology sector, Trane Technologies plc (TT) ranks #137 out of 584 stocks based on the Blank Capital composite score. This places TT in the top quartile of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.

Comparing TT against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full TT vs S&P 500 (SPY) comparison to assess how Trane Technologies plc stacks up against the broader market across all factor dimensions.

TT Next Earnings Date

No upcoming earnings date has been announced for Trane Technologies plc (TT) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy TT? — Investment Thesis Summary

Trane Technologies plc presents a balanced picture with arguments on both sides. Low volatility (stability score 72/100) reduces downside risk.

In summary, Trane Technologies plc (TT) earns a Hold rating with a composite score of 49.8/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on TT stock.

Related Resources for TT Investors

Explore more research and tools: TT vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare TT head-to-head with peers: TT vs IHS, TT vs VRSN, TT vs ESE.

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Trane Technologies plc (TT) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does Trane Technologies plc Do?

Trane Technologies plc (TT) Stock Rating — Hold (April 2026)

TT Stock Price and 52-Week Range

Is TT Overvalued or Undervalued? — Valuation Analysis

Trane Technologies plc Profitability — ROE, Margins, and Quality Score

TT Debt, Balance Sheet, and Financial Health

Trane Technologies plc Revenue and Earnings History — Quarterly Trend

TT Dividend Yield and Income Analysis

TT Momentum and Technical Analysis Profile

TT vs Competitors — Technology Sector Ranking and Peer Comparison

TT Next Earnings Date

Should You Buy TT? — Investment Thesis Summary

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