Trane Technologies Net Worth
Trane Technologies Net Worth Breakdown | TT |
Trane Technologies Net Worth Analysis
Trane Technologies' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Trane Technologies' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Trane Technologies' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Trane Technologies' net worth analysis. One common approach is to calculate Trane Technologies' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Trane Technologies' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Trane Technologies' net worth. This approach calculates the present value of Trane Technologies' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Trane Technologies' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Trane Technologies' net worth. This involves comparing Trane Technologies' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Trane Technologies' net worth relative to its peers.
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To determine if Trane Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Trane Technologies' net worth research are outlined below:
| Trane Technologies is unlikely to experience financial distress in the next 2 years | |
| Over 88.0% of the company shares are owned by institutional investors | |
| Latest headline from benzinga.com: O-I Glass Appoints John Humphrey as Independent Board Chair |
Trane Technologies Quarterly Good Will |
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Trane Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Trane Technologies plc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Trane Technologies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 1st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Trane Technologies' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Trane Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Trane Technologies plc backward and forwards among themselves. Trane Technologies' institutional investor refers to the entity that pools money to purchase Trane Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Norges Bank | 2023-12-31 | 2.7 M | Northern Trust Corp | 2023-12-31 | 2.4 M | Pictet Asset Manangement Sa | 2023-12-31 | 2.3 M | Massachusetts Financial Services Company | 2024-03-31 | 2.3 M | Generation Investment Management Llp | 2024-03-31 | 2.3 M | Capital World Investors | 2024-03-31 | 2.1 M | Legal & General Group Plc | 2023-12-31 | 2.1 M | Fisher Asset Management, Llc | 2024-03-31 | 2.1 M | Alphinity Investment Management Pty Ltd | 2024-03-31 | 1.9 M | Blackrock Inc | 2023-12-31 | 19.7 M | Vanguard Group Inc | 2024-03-31 | 18.9 M |
Follow Trane Technologies' market capitalization trends
The company currently falls under 'Large-Cap' category with a market capitalization of 74.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Trane Technologies's market, we take the total number of its shares issued and multiply it by Trane Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Project Trane Technologies' profitablity
Trane Technologies' profitability indicators refer to fundamental financial ratios that showcase Trane Technologies' ability to generate income relative to its revenue or operating costs. If, let's say, Trane Technologies is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Trane Technologies' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Trane Technologies' profitability requires more research than a typical breakdown of Trane Technologies' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.21 | 0.22 | |
| Return On Capital Employed | 0.22 | 0.13 | |
| Return On Assets | 0.10 | 0.11 | |
| Return On Equity | 0.29 | 0.30 |
When accessing Trane Technologies' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Trane Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Trane Technologies' profitability and make more informed investment decisions.
The data published in Trane Technologies' official financial statements usually reflect Trane Technologies' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Trane Technologies plc. For example, before you start analyzing numbers published by Trane accountants, it's critical to develop an understanding of what Trane Technologies' liquidity, profitability, and earnings quality are in the context of the Building Products space in which it operates.
Please note, the presentation of Trane Technologies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Trane Technologies' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Trane Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Trane Technologies plc. Please utilize our Beneish M Score to check the likelihood of Trane Technologies' management manipulating its earnings.
Evaluate Trane Technologies' management efficiency
Trane Technologies plc has Return on Asset (ROA) of 0.1008 % which means that for every $100 of assets, it generated a profit of $0.1008. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.339 %, which means that it produced $0.339 on every 100 dollars invested by current stockholders. Trane Technologies' management efficiency ratios could be used to measure how well Trane Technologies manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Trane Technologies' Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.11 in 2024, whereas Return On Capital Employed is likely to drop 0.13 in 2024. At this time, Trane Technologies' Non Current Liabilities Other is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 383.9 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 3.2 B in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 30.60 | 32.13 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | (11.02) | (10.46) | |
| Enterprise Value Over EBITDA | 18.75 | 19.69 | |
| Price Book Value Ratio | 7.97 | 8.37 | |
| Enterprise Value Multiple | 18.75 | 19.69 | |
| Price Fair Value | 7.97 | 8.37 | |
| Enterprise Value | 18.3 B | 19.2 B |
The analysis of Trane Technologies' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Trane Technologies' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Trane Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue 4.0229 | Revenue 18.2 B | Quarterly Revenue Growth 0.15 | Revenue Per Share 79.9 | Return On Equity 0.339 |
Trane Technologies Corporate Filings
8K | 30th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 25th of April 2024 Other Reports | ViewVerify | |
F4 | 7th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 14th of February 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Trane Technologies Earnings per Share Projection vs Actual
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Trane Technologies Corporate Management
Elected by the shareholders, the Trane Technologies' board of directors comprises two types of representatives: Trane Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Trane. The board's role is to monitor Trane Technologies' management team and ensure that shareholders' interests are well served. Trane Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Trane Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Elizabeth Elwell | Chief VP | Profile | |
| Heather Howlett | Chief Accounting Officer, Vice President | Profile | |
| Richard Swift | Lead Independent Director | Profile | |
| Zachary Nagle | Vice Relations | Profile | |
| Mark Majocha | Chief VP | Profile |
How to buy Trane Stock?
The net worth of Trane Technologies plc is the difference between its total assets and liabilities. Trane Technologies' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Trane Technologies' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Trane Technologies' net worth can be used as a measure of its financial health and stability which can help investors to decide if Trane Technologies is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Trane Technologies plc stock.Already Invested in Trane Technologies plc?
The danger of trading Trane Technologies plc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Trane Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Trane Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Trane Technologies plc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Trane Technologies plc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Trane Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Trane Technologies Plc Stock. Highlighted below are key reports to facilitate an investment decision about Trane Technologies Plc Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trane Technologies plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Trane Stock analysis
When running Trane Technologies' price analysis, check to measure Trane Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trane Technologies is operating at the current time. Most of Trane Technologies' value examination focuses on studying past and present price action to predict the probability of Trane Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trane Technologies' price. Additionally, you may evaluate how the addition of Trane Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Trane Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trane Technologies. If investors know Trane will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trane Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.43 | Dividend Share 3.09 | Earnings Share 9.46 | Revenue Per Share 79.9 | Quarterly Revenue Growth 0.15 |
The market value of Trane Technologies plc is measured differently than its book value, which is the value of Trane that is recorded on the company's balance sheet. Investors also form their own opinion of Trane Technologies' value that differs from its market value or its book value, called intrinsic value, which is Trane Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trane Technologies' market value can be influenced by many factors that don't directly affect Trane Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trane Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Trane Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trane Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.