Trane Technologies
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Trane Technologies's past years’ income statements indicate that its last revenue has increased compared to the previous period by 11% to $17,677,600,000. The net income raised on $2,023,900,000 and profit margin reached 11%. Total operating expenses were $2,963,200,000.
Profit Margin
| 2014 | 12.89B | 931.7M | 7.23% |
|---|---|---|---|
| 2015 | 13.30B | 664.6M | 5% |
| 2016 | 13.50B | 1.47B | 10.93% |
| 2017 | 14.19B | 1.30B | 9.17% |
| 2018 | 15.66B | 1.33B | 8.54% |
| 2019 | 16.59B | 1.41B | 8.5% |
| 2020 | 12.45B | 854.9M | 6.86% |
| 2021 | 14.13B | 1.42B | 10.07% |
| 2022 | 15.99B | 1.75B | 10.98% |
| 2023 | 17.67B | 2.02B | 11.45% |
TT Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 17.67B | 15.99B | 14.13B | 12.45B | 16.59B | 15.66B | 14.19B | 13.50B | 13.30B | 12.89B |
Cost of revenue | 11.82B | 11.02B | 9.66B | 8.65B | 11.45B | 10.84B | 9.81B | 9.32B | 9.30B | 8.98B |
Gross profit | 5.85B | 4.96B | 4.46B | 3.80B | 5.14B | 4.82B | 4.38B | 4.17B | 3.99B | 3.90B |
Operating exp. | ||||||||||
Research and development | 252.3M | 211.2M | 193.5M | 165M | 174.2M | 228.7M | 210.8M | 207.9M | 205.9M | 212.3M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 2.96B | 2.54B | 2.44B | 2.27B | 3.12B | 2.90B | 2.72B | 2.60B | 2.54B | 2.50B |
Operating income | 2.89B | 2.41B | 2.02B | 1.53B | 2.01B | 1.91B | 1.66B | 1.57B | 1.45B | 1.40B |
Other income (expenses), net | -326.7M | -246.8M | -232.6M | -244.6M | -276M | -36.4M | -247.4M | 389.7M | -210.1M | -195.3M |
Income before tax | 2.56B | 2.17B | 1.79B | 1.28B | 1.74B | 1.66B | 1.41B | 1.74B | 1.24B | 1.20B |
Income tax expense | 498.4M | 375.9M | 333.5M | 296.8M | 353.7M | 281.3M | 80.2M | 281.5M | 540.8M | 293.7M |
Net income | 2.02B | 1.75B | 1.42B | 854.9M | 1.41B | 1.33B | 1.30B | 1.47B | 664.6M | 931.7M |
Earnings per share | ||||||||||
Basic EPS | 8.91 | 7.55 | 5.96 | 3.56 | 5.84 | 5.53 | 5.22 | 5.7 | 2.54 | 3.54 |
Diluted EPS | 8.77 | 7.48 | 5.87 | 3.52 | 5.77 | 5.35 | 5.05 | 5.65 | 2.48 | 3.4 |
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