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.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	8-K
Standards:	USG	USG	USG	USG	—
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	14,136	15,992	17,678	19,838	21,322
Cost of Revenue
Gross Profit	4,477	4,965	5,857	7,081	7,710
Selling / General / Administrative Expenses
Unusual Expense / Income
Total Operating Expenses	12,113	13,573	14,836	16,338	17,355
Operating Profit	2,023	2,419	2,842	3,500	3,967
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	1,791	2,172	2,567	3,242	3,679
Provision for Income Taxes
Net Income After Taxes	1,457	1,796	2,069	2,614	2,973
Minority Interest
Net Income Before Extraordinary Items
Extraordinary Items
Net Income	1,423	1,757	2,024	2,568	2,919
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	1,423	1,757	2,024	2,568	2,919
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	6.05	7.64	9.15	11.4	13.2
Dividends per Share