Trane (TT) Revenue & Revenue Breakdown
Trane Revenue Highlights
Latest Revenue (Y)
$17.68B
Latest Revenue (Q)
$5.31B
Main Segment (Y)
Product
Main Geography (Y)
Americas
Trane Revenue by Period
Trane Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $17.68B | 10.54% |
| 2022-12-31 | $15.99B | 13.12% |
| 2021-12-31 | $14.14B | 13.50% |
| 2020-12-31 | $12.45B | -24.97% |
| 2019-12-31 | $16.60B | 5.94% |
| 2018-12-31 | $15.67B | 10.36% |
| 2017-12-31 | $14.20B | 5.10% |
| 2016-12-31 | $13.51B | 1.57% |
| 2015-12-31 | $13.30B | 3.17% |
| 2014-12-31 | $12.89B | 4.38% |
| 2013-12-31 | $12.35B | -12.00% |
| 2012-12-31 | $14.03B | -5.05% |
| 2011-12-31 | $14.78B | 4.99% |
| 2010-12-31 | $14.08B | 6.70% |
| 2009-12-31 | $13.20B | -0.24% |
| 2008-12-31 | $13.23B | 50.94% |
| 2007-12-31 | $8.76B | -23.19% |
| 2006-12-31 | $11.41B | 8.18% |
| 2005-12-31 | $10.55B | 12.28% |
| 2004-12-31 | $9.39B | -4.89% |
| 2003-12-31 | $9.88B | 10.33% |
| 2002-12-31 | $8.95B | -7.55% |
| 2001-12-31 | $9.68B | 10.05% |
| 2000-12-31 | $8.80B | 14.76% |
| 1999-12-31 | $7.67B | -7.54% |
| 1998-12-31 | $8.29B | 16.73% |
| 1997-12-31 | $7.10B | 5.97% |
| 1996-12-31 | $6.70B | 17.00% |
| 1995-12-31 | $5.73B | 27.10% |
| 1994-12-31 | $4.51B | 12.10% |
| 1993-12-31 | $4.02B | - |
Trane generated $17.68B in revenue during NA 2023, up 10.54% compared to the previous quarter, and up 112.82% compared to the same period a year ago.
Trane Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $5.31B | 25.90% |
| 2024-03-31 | $4.22B | -4.72% |
| 2023-12-31 | $4.42B | -9.40% |
| 2023-09-30 | $4.88B | 3.79% |
| 2023-06-30 | $4.70B | 28.34% |
| 2023-03-31 | $3.67B | -10.02% |
| 2022-12-31 | $4.07B | -6.82% |
| 2022-09-30 | $4.37B | 4.33% |
| 2022-06-30 | $4.19B | 24.88% |
| 2022-03-31 | $3.36B | -5.99% |
| 2021-12-31 | $3.57B | -4.05% |
| 2021-09-30 | $3.72B | -2.87% |
| 2021-06-30 | $3.83B | 26.91% |
| 2021-03-31 | $3.02B | -5.08% |
| 2020-12-31 | $3.18B | -9.05% |
| 2020-09-30 | $3.50B | 11.36% |
| 2020-06-30 | $3.14B | 18.84% |
| 2020-03-31 | $2.64B | -36.37% |
| 2019-12-31 | $4.15B | -4.45% |
| 2019-09-30 | $4.34B | -4.05% |
| 2019-06-30 | $4.53B | 26.62% |
| 2019-03-31 | $3.58B | -8.19% |
| 2018-12-31 | $3.90B | -3.37% |
| 2018-09-30 | $4.03B | -7.50% |
| 2018-06-30 | $4.36B | 28.75% |
| 2018-03-31 | $3.38B | -6.46% |
| 2017-12-31 | $3.62B | -1.43% |
| 2017-09-30 | $3.67B | -6.09% |
| 2017-06-30 | $3.91B | 30.25% |
| 2017-03-31 | $3.00B | -10.66% |
| 2016-12-31 | $3.36B | -5.86% |
| 2016-09-30 | $3.57B | -3.26% |
| 2016-06-30 | $3.69B | 27.44% |
| 2016-03-31 | $2.89B | -12.98% |
| 2015-12-31 | $3.33B | -4.62% |
| 2015-09-30 | $3.49B | -3.15% |
| 2015-06-30 | $3.60B | 24.67% |
| 2015-03-31 | $2.89B | -10.88% |
| 2014-12-31 | $3.24B | -4.27% |
| 2014-09-30 | $3.38B | -4.46% |
| 2014-06-30 | $3.54B | 30.11% |
| 2014-03-31 | $2.72B | 74.99% |
| 2013-12-31 | $1.56B | -58.50% |
| 2013-09-30 | $3.75B | -4.66% |
| 2013-06-30 | $3.93B | 26.36% |
| 2013-03-31 | $3.11B | -10.31% |
| 2012-12-31 | $3.47B | -3.41% |
| 2012-09-30 | $3.59B | -5.98% |
| 2012-06-30 | $3.82B | 21.28% |
| 2012-03-31 | $3.15B | -8.78% |
| 2011-12-31 | $3.45B | -12.08% |
| 2011-09-30 | $3.93B | 0.93% |
| 2011-06-30 | $3.89B | 24.03% |
| 2011-03-31 | $3.14B | -15.46% |
| 2010-12-31 | $3.71B | -0.50% |
| 2010-09-30 | $3.73B | 0.73% |
| 2010-06-30 | $3.70B | 25.39% |
| 2010-03-31 | $2.95B | -10.66% |
| 2009-12-31 | $3.31B | -5.08% |
| 2009-09-30 | $3.48B | 0.26% |
| 2009-06-30 | $3.47B | 18.44% |
| 2009-03-31 | $2.93B | -20.09% |
| 2008-12-31 | $3.67B | -14.91% |
| 2008-09-30 | $4.31B | 40.00% |
| 2008-06-30 | $3.08B | 42.41% |
| 2008-03-31 | $2.16B | - |
Trane generated $5.31B in revenue during Q2 2024, up 25.90% compared to the previous quarter, and up 144.78% compared to the same period a year ago.
Trane Revenue Breakdown
Trane Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 21 | Dec 19 | Dec 18 |
|---|---|---|---|---|
| Product | $11.98B | $9.50B | - | - |
| Service | $5.70B | $4.64B | - | - |
| Industrial | - | - | $3.52B | $3.32B |
| Climate | - | - | $13.08B | $12.34B |
Trane's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (67.74%), and Service (32.26%).
Quarterly Revenue by Product
| Product/Service | Jun 23 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | Mar 18 |
|---|---|---|---|---|---|---|---|---|
| Asia Pacific | $110.20M | - | - | - | - | - | - | - |
| Americas | $1.17B | - | - | - | - | - | - | - |
| EMEA | $166.90M | - | - | - | - | - | - | - |
| Climate | - | $3.18B | $3.47B | $3.62B | $2.80B | $1.09B | $1.04B | $838.30M |
| Industrial | - | $967.20M | $873.40M | $910.20M | $772.20M | $325.50M | $329.00M | $304.10M |
Trane's latest quarterly revenue breakdown by segment (product or service), as of Jun 23: Americas (80.79%), EMEA (11.57%), and Asia Pacific (7.64%).
Trane Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| EMEA | $2.40B | $613.60M | $616.90M | $528.20M |
| Americas | $13.83B | $4.07B | $3.64B | $3.21B |
| Asia Pacific | $1.44B | $381.60M | $383.40M | $347.10M |
Trane's latest annual revenue breakdown by geography, as of Dec 23: Americas (78.25%), EMEA (13.58%), and Asia Pacific (8.17%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Sep 20 | Jun 20 | Mar 20 | Sep 18 | Jun 18 | Mar 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asia Pacific | $371.20M | $327.30M | $379.20M | $376.30M | $110.20M | $92.60M | $375.50M | $102.50M | $88.80M | $78.90M | $105.70M | $95.60M | $100.20M | $81.90M | $304.50M | $309.20M | $179.20M | - | - | - |
| Americas | $4.29B | $3.33B | $3.39B | $3.89B | $1.17B | $960.40M | $3.14B | $1.15B | $1.09B | $848.70M | $887.70M | $1.03B | $963.00M | $754.90M | $2.75B | $2.46B | $2.10B | - | - | - |
| EMEA | $645.30M | $553.40M | $654.50M | $618.60M | $166.90M | $145.40M | $558.50M | $168.00M | $152.20M | $140.00M | $151.50M | $172.30M | $157.60M | $135.50M | $445.20M | $373.20M | $364.30M | - | - | - |
| UNITED STATES | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $411.90M | $450.60M | $414.60M |
| Non United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $380.30M | $413.30M | $360.10M |
Trane's latest quarterly revenue breakdown by geography, as of Jun 24: Americas (80.85%), EMEA (12.16%), and Asia Pacific (6.99%).
Trane Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| JCI | Johnson Controls | $26.79B | $2.49B |
| CARR | Carrier Global | $22.10B | $6.69B |
| TT | Trane | $17.68B | $5.31B |
| BLDR | Builders FirstSource | $17.10B | $4.46B |
| LII | Lennox | $4.98B | $1.45B |
| FBIN | Fortune Brands Innovations | $4.63B | $1.24B |
| CSL | Carlisle Companies | $4.59B | $1.45B |
| JELD | JELD-WEN | $4.30B | $986.00M |
| WMS | Advanced Drainage Systems | $2.87B | $815.34M |
| ROCK | Gibraltar Industries | $1.38B | $353.00M |
| AZEK | AZEK Company | $1.37B | $418.41M |
| NX | Quanex Building Products | $1.13B | $280.35M |
| MAS | Masco | - | $2.09B |
TT Revenue FAQ
What is Trane’s yearly revenue?
Trane's yearly revenue for 2023 was $17.68B, representing an increase of 10.54% compared to 2022. The company's yearly revenue for 2022 was $15.99B, representing an increase of 13.12% compared to 2021. TT's yearly revenue for 2021 was $14.14B, representing an increase of 13.50% compared to 2020.
What is Trane’s quarterly revenue?
Trane's quarterly revenue for Q2 2024 was $5.31B, a 25.90% increase from the previous quarter (Q1 2024), and a 12.81% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $4.22B, a -4.72% decrease from the previous quarter (Q4 2023), and a 15.00% increase year-over-year (Q1 2023). TT's quarterly revenue for Q4 2023 was $4.42B, a -9.40% decrease from the previous quarter (Q3 2023), and a 8.60% increase year-over-year (Q4 2022).
What is Trane’s revenue growth rate?
Trane's revenue growth rate for the last 3 years (2021-2023) was 25.05%, and for the last 5 years (2019-2023) was 6.50%.
What are Trane’s revenue streams?
Trane's revenue streams in c 23 are Product, and Service. Product generated $11.98B in revenue, accounting 67.74% of the company's total revenue, up 26.07% year-over-year. Service generated $5.7B in revenue, accounting 32.26% of the company's total revenue, up 22.96% year-over-year.
What is Trane’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Trane was Product. This segment made a revenue of $11.98B, representing 67.74% of the company's total revenue.