Trane Technologies plc (TT)
Gross profit margin
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 7,710,200 | 7,080,500 | 5,857,200 | 4,964,800 | 4,469,600 |
| Revenue | US$ in thousands | 21,321,900 | 19,838,200 | 17,677,600 | 15,991,700 | 14,136,400 |
| Gross profit margin | 36.16% | 35.69% | 33.13% | 31.05% | 31.62% |
December 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $7,710,200K ÷ $21,321,900K
= 36.16%
Peer comparison
Dec 31, 2025
Company name
Symbol
Gross profit margin
Trane Technologies plc
TT
36.16%
Griffon Corporation
GFF
41.99%
Johnson Controls International PLC
JCI
36.41%
Lennox International Inc
LII
33.02%
Quanex Building Products
NX
21.54%