Trane Technologies plc

Trane Technologies plc (NYSE: TT) is a global climate innovator headquartered in Ireland and operating through its website at www.tranetechnologies.com. The company designs, manufactures, sells and services solutions for heating, ventilation and air conditioning systems, transport refrigeration, and custom refrigeration applications serving commercial, residential and industrial customers worldwide.

The company operates through three reportable segments. The Americas segment, which generated $17,168.8 million in 2025 net revenues, encompasses commercial HVAC systems, building controls and energy services, residential heating and cooling, and transport refrigeration for North America and Latin America. The EMEA segment contributed $2,802.1 million in revenues and serves Europe, Middle East and Africa with heating, cooling, ventilation systems and transport refrigeration solutions. The Asia Pacific segment generated $1,351.0 million in revenues, providing HVAC systems and transport refrigeration for the Asia Pacific region.

Trane Technologies operates under two principal brand names: Trane and Thermo King, which are recognized globally for HVAC and temperature control solutions. The company's extensive product portfolio includes air conditioners, chillers, heat pumps, furnaces, building management systems, data center cooling solutions, trailer and truck refrigeration systems, and comprehensive service offerings including maintenance agreements and energy management services.

As of December 31, 2025, the company employed approximately 44,000 people across 62 countries, with over 16,000 employees located outside the United States. The company sells products in approximately 100 countries, with roughly 75 percent of net revenues derived from U.S. operations. Trane Technologies maintains no single customer accounting for more than 10 percent of consolidated revenues, indicating a diversified customer base.

The company's competitive advantages include its extensive global install base, strong brand recognition, comprehensive service capabilities, and focus on sustainable and energy-efficient solutions. Trane Technologies pursues growth through expanding recurring revenue via services and rental options while advancing its 2030 Sustainability Commitments, which include reducing customer greenhouse gas emissions by one billion metric tons and designing products for circularity.