Trane Technologies plc TT
Mixed Industrials sector · Trane — energy-efficient HVAC and building-climate systems; tailwind from electrification and efficiency.
Trane Technologies plc (TT) is an established Industrials company, graded Mixed on FrontierLab's evidence-based quality rubric (data as of 2026-08-21). Revenue grew 7% year-over-year at a 35.4% gross margin. Gross-profits-to-assets is 0.33; Rule of 40 is 24.9. Net share issuance -0.9% YoY (flat share count). No risk flags are currently noted.
These sentences are generated from the day's data by deterministic templates.
Key quality signals
| Revenue growth (YoY) | 7% |
|---|---|
| Gross margin | 35.4% |
| Gross profits / assets | 0.33 |
| Rule of 40 | 24.9 |
| Net margin | 17.9% |
| Cash runway (months) | — |
| PEG | 7.4 |
| Price / sales | 4.5 |
Quality checklist
Each line is one quality test behind the grade — ✓ passed · ~ borderline · ✗ failed. Hover a metric in the tables below for what it means.
- ✗ Revenue growth — 7% (pass ≥ 20%)
- ✓ Gross profits / assets — 0.33 (pass ≥ 0.33)
- · Rule of 40 — 24.9 (context — graded for software only)
- ✓ Gross margin — 35.4% (pass ≥ 32% · Industrials)
- ✓ Cash generation
- ✓ Share dilution — -0.9%
- ~ Competitive moat — Narrow
- ✓ Market size (TAM) — Large
Grade history
Graded Mixed since 2026-06-17 — no grade changes recorded yet.
How have Mixed-graded names performed?
The forward returns of all Mixed-graded names since each grade was recorded — the bucket this name currently sits in, not a forecast of this individual stock.
| Window | Forward record vs the S&P | Median |
|---|---|---|
| ~1 month | 53% of Mixed-graded names beat the S&P over 21 sessions (95% CI 31–74%, N=17). | Median excess vs the S&P was 0%. |
| ~3 months | building — 13 more sessions needed | |
| ~6 months | building — 76 more sessions needed | |
Scope: these are forward returns vs the S&P among names still covered at each horizon's end, within the curated universe — not a survivorship-clean whole-market backtest. Names later dropped from coverage are counted as attrition (not hidden), and single-session moves beyond ±300% are treated as split/data artifacts and excluded. How this is measured → · Full track record →
How it compares
Coarse same-sector, same-stage context — not a percentile or rank. GP/A is graded on its absolute level, not position.
Fundamentals
| Market cap | $99.25B |
|---|---|
| Stage | Established |
| Share issuance (YoY) | -0.9% · flat share count |
| Moat | Narrow |
| TAM | LARGE |
| P/E (trailing) | 34.2 |
| EPS (trailing) | $13.19 |
| Burn multiple | — |
| Gross-margin trend (pts) | -0.9 |
| Cash / assets | 0.06 |
| Accruals (%) | -4.3% |
| Net debt / EBITDA | 0.8 |
| Statements as of | Q2 FY2026 · filed 2026-07-30 |
Momentum context — describes the past, not a signal
Low reached Jan 7, 2026 · high reached Jun 25, 2026 — by daily close.
| Price | $451.10 (as of 2026-08-20) |
|---|---|
| Last session move | — |
| % off 52-wk high | -10.8% |
| RSI (14) | 39 |
| Relative volume | 0.7× |
From the headlines
Trane positioned as quality entry point; benefits from AI data center thermal solutions.
- 2 Quality Stocks Showing An Entry Point: Trane Technologies And AltaGas
- If You Invested $100 In Trane Technologies Stock 5 Years Ago, You Would Have This Much Today
- Trane Tech and Eaton Plug Into Nvidia AI Data Center Boom
AI take — daily, AI-generated
AI leans cautious
Quality business (strong margins, flat dilution) but PEG of 7.4 is expensive for 7% growth; AI thermal story is priced in and doesn't justify the valuation.
Generated by an AI model from the day's news — an opinion for context only. Not financial advice, not a recommendation, and not a price target.
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Data as of 2026-08-21 08:12 (end-of-day). How grades are computed →