Trane (TT) Revenue & Revenue Breakdown


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Trane Revenue Highlights


Latest Revenue (Y)

$17.68B

Latest Revenue (Q)

$5.44B

Main Segment (Y)

Product

Main Geography (Y)

Americas

Trane Revenue by Period


Trane Revenue by Year

DateRevenueChange
2023-12-31$17.68B10.54%
2022-12-31$15.99B13.12%
2021-12-31$14.14B13.50%
2020-12-31$12.45B-24.97%
2019-12-31$16.60B5.94%
2018-12-31$15.67B10.36%
2017-12-31$14.20B5.10%
2016-12-31$13.51B1.57%
2015-12-31$13.30B3.17%
2014-12-31$12.89B4.38%
2013-12-31$12.35B-12.00%
2012-12-31$14.03B-5.05%
2011-12-31$14.78B4.99%
2010-12-31$14.08B6.70%
2009-12-31$13.20B-0.24%
2008-12-31$13.23B50.94%
2007-12-31$8.76B-23.19%
2006-12-31$11.41B8.18%
2005-12-31$10.55B12.28%
2004-12-31$9.39B-4.89%
2003-12-31$9.88B10.33%
2002-12-31$8.95B-7.55%
2001-12-31$9.68B10.05%
2000-12-31$8.80B14.76%
1999-12-31$7.67B-7.54%
1998-12-31$8.29B16.73%
1997-12-31$7.10B5.97%
1996-12-31$6.70B17.00%
1995-12-31$5.73B27.10%
1994-12-31$4.51B12.10%
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

DateRevenueChange
2024-09-30$5.44B2.52%
2024-06-30$5.31B25.90%
2024-03-31$4.22B-4.72%
2023-12-31$4.42B-9.40%
2023-09-30$4.88B3.79%
2023-06-30$4.70B28.34%
2023-03-31$3.67B-10.02%
2022-12-31$4.07B-6.82%
2022-09-30$4.37B4.33%
2022-06-30$4.19B24.88%
2022-03-31$3.36B-5.99%
2021-12-31$3.57B-4.05%
2021-09-30$3.72B-2.87%
2021-06-30$3.83B26.91%
2021-03-31$3.02B-5.08%
2020-12-31$3.18B-9.05%
2020-09-30$3.50B11.36%
2020-06-30$3.14B18.84%
2020-03-31$2.64B-36.37%
2019-12-31$4.15B-4.45%
2019-09-30$4.34B-4.05%
2019-06-30$4.53B26.62%
2019-03-31$3.58B-8.19%
2018-12-31$3.90B-3.37%
2018-09-30$4.03B-7.50%
2018-06-30$4.36B28.75%
2018-03-31$3.38B-6.46%
2017-12-31$3.62B-1.43%
2017-09-30$3.67B-6.09%
2017-06-30$3.91B30.25%
2017-03-31$3.00B-10.66%
2016-12-31$3.36B-5.86%
2016-09-30$3.57B-3.26%
2016-06-30$3.69B27.44%
2016-03-31$2.89B-12.98%
2015-12-31$3.33B-4.62%
2015-09-30$3.49B-3.15%
2015-06-30$3.60B24.67%
2015-03-31$2.89B-10.88%
2014-12-31$3.24B-4.27%
2014-09-30$3.38B-4.46%
2014-06-30$3.54B30.11%
2014-03-31$2.72B74.99%
2013-12-31$1.56B-58.50%
2013-09-30$3.75B-4.66%
2013-06-30$3.93B26.36%
2013-03-31$3.11B-10.31%
2012-12-31$3.47B-3.41%
2012-09-30$3.59B-5.98%
2012-06-30$3.82B21.28%
2012-03-31$3.15B-8.78%
2011-12-31$3.45B-12.08%
2011-09-30$3.93B0.93%
2011-06-30$3.89B24.03%
2011-03-31$3.14B-15.46%
2010-12-31$3.71B-0.50%
2010-09-30$3.73B0.73%
2010-06-30$3.70B25.39%
2010-03-31$2.95B-10.66%
2009-12-31$3.31B-5.08%
2009-09-30$3.48B0.26%
2009-06-30$3.47B18.44%
2009-03-31$2.93B-20.09%
2008-12-31$3.67B-14.91%
2008-09-30$4.31B40.00%
2008-06-30$3.08B42.41%
2008-03-31$2.16B-

Trane generated $5.44B in revenue during Q3 2024, up 2.52% compared to the previous quarter, and up 115.65% compared to the same period a year ago.

Trane Revenue Breakdown


Trane Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 21Dec 19Dec 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/ServiceJun 23Dec 19Sep 19Jun 19Mar 19Sep 18Jun 18Mar 18
Americas$1.17B-------
EMEA$166.90M-------
Asia Pacific$110.20M-------
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

CountryDec 23Dec 22Dec 21Dec 20
Asia Pacific$1.44B$381.60M$383.40M$347.10M
EMEA$2.40B$613.60M$616.90M$528.20M
Americas$13.83B$4.07B$3.64B$3.21B

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

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20Sep 18Jun 18
Asia Pacific$298.50M$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$4.47B$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$667.80M$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
Non United States------------------$380.30M$413.30M

Trane's latest quarterly revenue breakdown by geography, as of Sep 24: Americas (82.24%), EMEA (12.27%), and Asia Pacific (5.49%).

Trane Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
JCIJohnson Controls$26.79B$2.49B
CARRCarrier Global$22.10B$4.47B
TTTrane$17.68B$5.44B
BLDRBuilders FirstSource$17.10B$4.46B
LIILennox$4.98B$1.50B
FBINFortune Brands Innovations$4.63B$1.24B
CSLCarlisle Companies$4.59B$1.33B
JELDJELD-WEN$4.30B$986.00M
WMSAdvanced Drainage Systems$2.87B$815.34M
ROCKGibraltar Industries$1.38B$361.20M
AZEKAZEK Company$1.37B$418.41M
NXQuanex Building Products$1.13B$280.35M
MASMasco-$1.98B

TT Revenue FAQ


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.

Trane's quarterly revenue for Q3 2024 was $5.44B, a 2.52% increase from the previous quarter (Q2 2024), and a 11.43% increase year-over-year (Q3 2023). The company'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). TT'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).

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%.

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.

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.