TT — Trane Technologies Income Statement

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Annual income statement for Trane Technologies, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	12,455	14,136	15,992	17,678	19,838
Cost of Revenue
Gross Profit	3,828	4,477	4,965	5,857	7,081
Selling / General / Administrative Expenses
Unusual Expense / Income
Total Operating Expenses	10,922	12,113	13,573	14,836	16,338
Operating Profit	1,533	2,023	2,419	2,842	3,500
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	1,288	1,791	2,172	2,567	3,242
Provision for Income Taxes
Net Income After Taxes	991	1,457	1,796	2,069	2,614
Minority Interest
Net Income Before Extraordinary Items
Extraordinary Items
Net Income	855	1,423	1,757	2,024	2,568
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	855	1,423	1,757	2,024	2,568
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	4.26	6.05	7.64	9.15	11.4
Dividends per Share