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Trane Technologies logoTrane Technologies TT

Trane Technologies said net revenues for the 3 months ended June 30, 2025 increased 8.3%, or $439.0 million, compared with the same period in the prior year, and gross profit margin rose 110 basis points to 37.6% from 36.5% in the prior-year period.

10-QQuarterly reportFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Trane Technologies said net revenues for the 3 months ended June 30, 2025 increased 8.3%, or $439.0 million, compared with the same period in the prior year, and gross profit margin rose 110 basis points to 37.6% from 36.5% in the prior-year period.

  2. The company said Segment Adjusted EBITDA margin for the 3 months ended June 30, 2025 increased 120 basis points to 24.0% in the Americas segment, decreased 200 basis points to 18.3% in the EMEA segment and decreased 220 basis points to 23.3% in the Asia Pacific segment.

  3. Trane Technologies said net cash provided by continuing operating activities for the 6 months ended June 30, 2025 was $1,043.5 million, compared with $958.6 million in the prior-year period. During the same period, continuing investing activities used $486.0 million in net cash and continuing financing activities used $1,480.9 million in net cash.

  4. The company said it repurchased and canceled approximately $880 million of ordinary shares during the 6 months of 2025, leaving $0.4 billion remaining under the 2022 Authorization and $5.0 billion remaining under the 2024 Authorization. Dividends paid to ordinary shareholders during the same period were $420.0 million.

Key figures

Quarter ended June 30, 2025

Revenue
$5.7B
Operating income
$1.2B
Net income
$875M
EPS
$3.89

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q2 Net Revenues and Gross Profit Margin

Trane Technologies said net revenues for the 3 months ended June 30, 2025 increased 8.3%, or $439.0 million, compared with the same period in the prior year, and gross profit margin rose 110 basis points to 37.6% from 36.5% in the prior-year period.

Source · Based on the MD&A text of the filing

Q2 Segment Adjusted EBITDA Margin by Segment

The company said Segment Adjusted EBITDA margin for the 3 months ended June 30, 2025 increased 120 basis points to 24.0% in the Americas segment, decreased 200 basis points to 18.3% in the EMEA segment and decreased 220 basis points to 23.3% in the Asia Pacific segment.

Source · Based on the MD&A text of the filing

6-Month Operating, Investing and Financing Cash Flows

Trane Technologies said net cash provided by continuing operating activities for the 6 months ended June 30, 2025 was $1,043.5 million, compared with $958.6 million in the prior-year period. During the same period, continuing investing activities used $486.0 million in net cash and continuing financing activities used $1,480.9 million in net cash.

Source · Based on the MD&A text of the filing

6-Month Share Repurchases and Dividend Payments

The company said it repurchased and canceled approximately $880 million of ordinary shares during the 6 months of 2025, leaving $0.4 billion remaining under the 2022 Authorization and $5.0 billion remaining under the 2024 Authorization. Dividends paid to ordinary shareholders during the same period were $420.0 million.

Source · Based on the MD&A text of the filing

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.