Name: Trane Technologies plc (NYSE:TT) | Analysis of Revenues
Creator: Stock Analysis on Net

Analysis of Revenues

Trane Technologies plc, income statement, revenues

US$ in thousands

12 months ended:	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Equipment	8,575,100)	7,319,800)	6,479,000)	6,880,400)	6,236,600)
Services	4,065,700)	3,637,300)	3,206,900)	3,179,100)	2,982,800)
Americas	12,640,800)	10,957,100)	9,685,900)	10,059,500)	9,219,400)
Equipment	1,420,900)	1,328,000)	1,119,900)	1,208,000)	1,271,700)
Services	613,600)	616,900)	528,200)	554,600)	559,400)
EMEA	2,034,500)	1,944,900)	1,648,100)	1,762,600)	1,831,100)
Equipment	934,800)	851,000)	773,600)	879,700)	917,300)
Services	381,600)	383,400)	347,100)	374,100)	376,000)
Asia Pacific	1,316,400)	1,234,400)	1,120,700)	1,253,800)	1,293,300)
Net revenues	15,991,700)	14,136,400)	12,454,700)	13,075,900)	12,343,800)

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Item	Description	The company
Net revenues	Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).	Trane Technologies plc net revenues increased from 2020 to 2021 and from 2021 to 2022.