Selected Financial Data
since 2005
Income Statement
Trane Technologies plc, selected items from income statement, long-term trends
US$ in thousands
| 12 months ended: | Net revenues | Operating income (loss) | Net earnings (loss) attributable to Trane Technologies plc |
|---|---|---|---|
| Dec 31, 2022 | 15,991,700) | 2,418,900) | 1,756,500) |
| Dec 31, 2021 | 14,136,400) | 2,023,300) | 1,423,400) |
| Dec 31, 2020 | 12,454,700) | 1,532,800) | 854,900) |
| Dec 31, 2019 | 16,598,900) | 2,017,600) | 1,410,900) |
| Dec 31, 2018 | 15,668,200) | 1,917,400) | 1,337,600) |
| Dec 31, 2017 | 14,197,600) | 1,665,300) | 1,302,600) |
| Dec 31, 2016 | 13,508,900) | 1,573,100) | 1,476,200) |
| Dec 31, 2015 | 13,300,700) | 1,458,000) | 664,600) |
| Dec 31, 2014 | 12,891,400) | 1,404,700) | 931,700) |
| Dec 31, 2013 | 12,350,500) | 1,105,000) | 618,800) |
| Dec 31, 2012 | 14,034,900) | 1,505,200) | 1,018,600) |
| Dec 31, 2011 | 14,782,000) | 860,300) | 343,200) |
| Dec 31, 2010 | 14,079,100) | 1,247,500) | 642,200) |
| Dec 31, 2009 | 13,195,300) | 841,600) | 451,300) |
| Dec 31, 2008 | 13,227,400) | (2,573,800) | (2,624,800) |
| Dec 31, 2007 | 8,763,100) | 1,057,800) | 3,966,700) |
| Dec 31, 2006 | 11,409,300) | 1,440,800) | 1,032,500) |
| Dec 31, 2005 | 10,546,900) | 1,361,800) | 1,054,200) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
- Net Revenues:
- The trend in net revenues shows a general increase from 2005 to 2022, with some fluctuations. There was a significant growth until 2008, followed by a decline. Subsequently, there was a recovery and a steady growth trajectory until 2022.
- Operating Income (Loss):
- Operating income (loss) experienced fluctuations over the years. There was a notable decrease in 2008, turning negative, followed by recovery and consistent positive income from 2009 onwards. The company showed positive growth in operating income over the years.
- Net Earnings (Loss) Attributable to Trane Technologies plc:
- The net earnings (loss) attributable to the company fluctuated significantly from 2005 to 2022. There was a sharp decline in 2008, turning negative. Subsequently, there was a recovery and an overall positive trend in net earnings, albeit with fluctuations.
Balance Sheet: Assets
Trane Technologies plc, selected items from assets, long-term trends
US$ in thousands
| Current assets | Total assets | |
|---|---|---|
| Dec 31, 2022 | 6,379,200) | 18,081,600) |
| Dec 31, 2021 | 6,470,900) | 18,059,800) |
| Dec 31, 2020 | 6,905,600) | 18,156,700) |
| Dec 31, 2019 | 6,217,200) | 20,492,300) |
| Dec 31, 2018 | 5,732,000) | 17,914,900) |
| Dec 31, 2017 | 6,119,100) | 18,173,300) |
| Dec 31, 2016 | 5,579,300) | 17,397,400) |
| Dec 31, 2015 | 4,609,400) | 16,738,800) |
| Dec 31, 2014 | 5,707,900) | 17,298,500) |
| Dec 31, 2013 | 5,716,700) | 17,658,100) |
| Dec 31, 2012 | 4,942,700) | 18,492,900) |
| Dec 31, 2011 | 5,182,600) | 18,754,200) |
| Dec 31, 2010 | 5,370,700) | 19,990,900) |
| Dec 31, 2009 | 4,827,300) | 19,991,000) |
| Dec 31, 2008 | 5,399,700) | 20,924,500) |
| Dec 31, 2007 | 7,700,700) | 14,376,200) |
| Dec 31, 2006 | 4,095,900) | 12,145,900) |
| Dec 31, 2005 | 4,248,200) | 11,756,400) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
- Current Assets:
- The data shows fluctuations in current assets over the years with a peak in 2007 and a subsequent dip in 2008 followed by varying levels until a notable increase in 2019, though a slight decrease is observed by 2022.
- Total Assets:
- Total assets demonstrate significant growth from 2005 to 2008, followed by fluctuations until 2017, a sharp increase in 2018, a peak in 2019, and a gradual decline towards the end of the period in 2022.
Balance Sheet: Liabilities and Stockholders’ Equity
Trane Technologies plc, selected items from liabilities and stockholders’ equity, long-term trends
US$ in thousands
| Current liabilities | Total liabilities | Short-term borrowings and long-term debt | Total Trane Technologies plc shareholders’ equity | |
|---|---|---|---|---|
| Dec 31, 2022 | 5,686,800) | 11,976,400) | 4,836,300) | 6,088,600) |
| Dec 31, 2021 | 4,752,400) | 11,786,700) | 4,842,100) | 6,255,900) |
| Dec 31, 2020 | 4,338,900) | 11,729,600) | 5,272,100) | 6,407,700) |
| Dec 31, 2019 | 4,861,900) | 13,179,900) | 5,573,400) | 7,267,600) |
| Dec 31, 2018 | 4,315,700) | 10,850,100) | 4,091,300) | 7,022,700) |
| Dec 31, 2017 | 4,828,000) | 10,966,400) | 4,064,000) | 7,140,300) |
| Dec 31, 2016 | 3,590,300) | 10,679,100) | 4,070,200) | 6,643,800) |
| Dec 31, 2015 | 3,648,400) | 10,859,600) | 4,239,000) | 5,816,700) |
| Dec 31, 2014 | 3,666,100) | 11,253,100) | 4,224,400) | 5,987,400) |
| Dec 31, 2013 | 3,408,600) | 10,526,800) | 3,521,200) | 7,068,900) |
| Dec 31, 2012 | 4,161,300) | 11,263,600) | 3,233,000) | 7,147,800) |
| Dec 31, 2011 | 4,124,500) | 11,738,500) | 3,642,600) | 6,924,300) |
| Dec 31, 2010 | 4,224,900) | 11,915,100) | 3,683,900) | 7,964,300) |
| Dec 31, 2009 | 3,978,200) | 12,785,300) | 4,096,600) | 7,101,800) |
| Dec 31, 2008 | 5,511,400) | —) | 5,124,100) | 6,661,400) |
| Dec 31, 2007 | 3,235,700) | —) | 1,453,700) | 7,907,900) |
| Dec 31, 2006 | 3,613,600) | —) | 1,984,600) | 5,404,800) |
| Dec 31, 2005 | 3,199,700) | —) | 2,117,000) | 5,762,000) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
- Current Liabilities:
- The trend in current liabilities shows fluctuations over the years, with a peak in Dec 31, 2018, followed by a slight decrease by Dec 31, 2022.
- Total Liabilities:
- Total liabilities exhibit an overall increase but with some data gaps. A notable spike is seen from Dec 31, 2016 to Dec 31, 2018.
- Short-term Borrowings and Long-term Debt:
- This category presents varying amounts over the years, with a significant increase from Dec 31, 2014 to Dec 31, 2018, followed by a gradual decline by Dec 31, 2022.
- Total Trane Technologies plc Shareholders’ Equity:
- Shareholders’ equity has experienced fluctuations, including a decline from Dec 31, 2020 to Dec 31, 2021, followed by a slight recovery by the end of the data period.
Cash Flow Statement
Trane Technologies plc, selected items from cash flow statement, long-term trends
US$ in thousands
| 12 months ended: | Net cash provided by operating activities | Net cash (used in) provided by investing activities | Net cash provided by (used in) financing activities |
|---|---|---|---|
| Dec 31, 2022 | 1,698,700) | (539,800) | (1,852,200) |
| Dec 31, 2021 | 1,594,400) | (545,700) | (2,127,600) |
| Dec 31, 2020 | 1,766,200) | (338,500) | 884,300) |
| Dec 31, 2019 | 1,956,300) | (1,780,000) | 270,500) |
| Dec 31, 2018 | 1,474,500) | (629,400) | (1,378,800) |
| Dec 31, 2017 | 1,561,600) | (374,700) | (1,432,500) |
| Dec 31, 2016 | 1,411,300) | 240,100) | (705,200) |
| Dec 31, 2015 | 886,200) | (1,192,900) | (490,300) |
| Dec 31, 2014 | 991,700) | (197,000) | (859,500) |
| Dec 31, 2013 | 877,700) | (213,200) | 354,100) |
| Dec 31, 2012 | 1,277,700) | (146,400) | (1,303,900) |
| Dec 31, 2011 | 1,230,200) | 163,100) | (1,246,400) |
| Dec 31, 2010 | 756,300) | (179,000) | (403,700) |
| Dec 31, 2009 | 1,751,500) | (182,700) | (1,208,100) |
| Dec 31, 2008 | 356,800) | (7,306,400) | 2,778,100) |
| Dec 31, 2007 | 829,900) | 6,052,400) | (2,563,100) |
| Dec 31, 2006 | 1,008,800) | (161,200) | (1,358,700) |
| Dec 31, 2005 | 843,200) | (741,700) | (875,700) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
- Net cash provided by operating activities
- Trend analysis indicates a fluctuating pattern, with a notable increase from 2009 to 2015 followed by some volatility but overall maintaining levels above initial periods.
- Net cash (used in) provided by investing activities
- Dramatic fluctuations are evident throughout the years, particularly with a significant negative spike in 2008 and sporadic positive trends in later years, with an overall downward trajectory.
- Net cash provided by (used in) financing activities
- Shows substantial variability over time, with both positive and negative values fluctuating widely. A decreasing trend is observed from the initial period to 2019, followed by a notable positive spike in 2020 and subsequent decrease.
Per Share Data
Trane Technologies plc, selected data per share, long-term trends
US$
| 12 months ended: | Basic earnings per share 1 | Diluted earnings per share 2 | Dividend per share 3 |
|---|---|---|---|
| Dec 31, 2022 | 7.55 | 7.48 | 2.68 |
| Dec 31, 2021 | 5.96 | 5.87 | 2.36 |
| Dec 31, 2020 | 3.56 | 3.52 | 2.12 |
| Dec 31, 2019 | 5.84 | 5.77 | 2.12 |
| Dec 31, 2018 | 5.41 | 5.35 | 1.96 |
| Dec 31, 2017 | 5.11 | 5.05 | 1.70 |
| Dec 31, 2016 | 5.70 | 5.65 | 1.36 |
| Dec 31, 2015 | 2.51 | 2.48 | 1.16 |
| Dec 31, 2014 | 3.44 | 3.40 | 1.00 |
| Dec 31, 2013 | 2.11 | 2.07 | 0.63 |
| Dec 31, 2012 | 3.35 | 3.28 | 0.69 |
| Dec 31, 2011 | 1.06 | 1.01 | 0.59 |
| Dec 31, 2010 | 1.98 | 1.89 | 0.28 |
| Dec 31, 2009 | 1.41 | 1.37 | 0.50 |
| Dec 31, 2008 | -8.73 | -8.73 | 0.72 |
| Dec 31, 2007 | 13.64 | 13.43 | 0.72 |
| Dec 31, 2006 | 3.23 | 3.20 | 0.68 |
| Dec 31, 2005 | 3.12 | 3.09 | 0.57 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1, 2, 3 Data adjusted for splits and stock dividends.
- Basic Earnings Per Share:
- The trend for basic earnings per share shows fluctuations over time, with a notable increase from 2006 to 2007, followed by a significant dip in 2008. Subsequently, there is a gradual recovery and an upward trajectory post-2014, reaching its peak in 2022.
- Diluted Earnings Per Share:
- Similar to basic earnings per share, diluted earnings per share exhibits a comparable pattern with fluctuations across the years. There is a consistent trend with a peak observed in 2022.
- Dividend Per Share:
- The dividend per share displays a mix of fluctuations and growth, with some volatility in the earlier years followed by a more stable increase towards 2022. There is a visible growth trend in dividend payments over time.