Trane Technologies said net revenues for Q3 2026 were $6,759.7 million, up 18% from $5,742.5 million a year earlier, and organic growth was 16%. Adjusted continuing EPS was $4.86, up 25%.

1. 01

   Trane Technologies said net revenues for Q3 2026 were $6,759.7 million, up 18% from $5,742.5 million a year earlier, and organic growth was 16%. Adjusted continuing EPS was $4.86, up 25%.

2. 02

   The company said bookings for Q3 2026 were $7,248 million, up 21% (organic up 20%). It said book-to-bill was 107% and backlog was $12.5 billion, up 73%.

3. 03

   The company said GAAP operating margin for Q3 2026 was 21.9% in the Americas (up 40 basis points), 17.2% in EMEA (down 240 basis points) and 18.6% in Asia Pacific (down 390 basis points). Total company margin was 19.9%, down 40 basis points.

4. 04

   Trane Technologies said cash flow from continuing operating activities from the start of 2026 through September 30 was $3,060 million, and free cash flow was $2,828 million. It said it spent $1,338.5 million on share repurchases over the 9 months.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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