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

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
2024-09-30	$5.44B	2.52%
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 $5.44B 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/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
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

Country	Dec 23	Dec 22	Dec 21	Dec 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

Country	Sep 24	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
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

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CARR	Carrier Global	$22.10B	$4.47B
TT	Trane	$17.68B	$5.44B
BLDR	Builders FirstSource	$17.10B	$4.23B
JCI	Johnson Controls	$8.08B	$2.49B
LII	Lennox	$4.98B	$1.50B
FBIN	Fortune Brands Innovations	$4.63B	$1.16B
CSL	Carlisle Companies	$4.59B	$1.33B
JELD	JELD-WEN	$4.30B	$934.76M
WMS	Advanced Drainage Systems	$2.87B	$782.61M
AZEK	AZEK Company	$1.44B	$418.41M
ROCK	Gibraltar Industries	$1.38B	$361.20M
NX	Quanex Building Products	$1.13B	$280.35M
MAS	Masco	-	$1.98B

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 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).

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.