Trane Technologies plc (NYSE:TT) — Market Cap & Net Worth
Market Cap & Net Worth: Trane Technologies plc (TT)
Trane Technologies plc (NYSE:TT) has a market capitalization of $103.17 Billion ($103.17 Billion) as of May 3, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #234 globally and #122 in its home market, demonstrating a 0.20% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Trane Technologies plc's stock price $486.48 by its total outstanding shares 221331905 (221.33 Million). Analyse cash efficiency ratio of Trane Technologies plc to see how efficiently the company converts income to cash.
Trane Technologies plc Market Cap History: 2015 to 2026
Trane Technologies plc's market capitalization history from 2015 to 2026. Data shows growth from $8.16 Billion to $107.67 Billion (28.24% CAGR).
Index Memberships
Trane Technologies plc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P 500 Index
GSPC
|
$59.46 Trillion | 0.17% | #101 of 503 |
Weight: Trane Technologies plc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Trane Technologies plc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Trane Technologies plc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
4.04x
Trane Technologies plc's market cap is 4.04 times its annual revenue
Latest Price to Earnings (P/E) Ratio
29.51x
Trane Technologies plc's market cap is 29.51 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $11.30 Billion | $13.51 Billion | $1.48 Billion | 0.84x | 7.65x |
| 2017 | $13.70 Billion | $14.20 Billion | $1.30 Billion | 0.97x | 10.52x |
| 2018 | $14.31 Billion | $12.34 Billion | $1.34 Billion | 1.16x | 10.70x |
| 2019 | $21.22 Billion | $13.08 Billion | $1.41 Billion | 1.62x | 15.04x |
| 2020 | $30.43 Billion | $12.45 Billion | $854.90 Million | 2.44x | 35.60x |
| 2021 | $42.91 Billion | $14.14 Billion | $1.42 Billion | 3.04x | 30.15x |
| 2022 | $36.33 Billion | $15.99 Billion | $1.76 Billion | 2.27x | 20.68x |
| 2023 | $53.55 Billion | $17.68 Billion | $2.02 Billion | 3.03x | 26.46x |
| 2024 | $81.75 Billion | $19.84 Billion | $2.57 Billion | 4.12x | 31.83x |
| 2025 | $86.14 Billion | $21.32 Billion | $2.92 Billion | 4.04x | 29.51x |
Competitor Companies of TT by Market Capitalization
Companies near Trane Technologies plc in the global market cap rankings as of May 3, 2026.
Key companies related to Trane Technologies plc by market ranking:
- Trane Technologies plc (F:2IS): Ranked #295 globally with a market cap of $87.59 Billion USD ( €74.92 Billion EUR).
- Johnson Controls International PLC (NYSE:JCI): Ranked #298 globally with a market cap of $86.82 Billion USD.
- Carrier Global Corp (NYSE:CARR): Ranked #518 globally with a market cap of $51.37 Billion USD.
- Compagnie de Saint-Gobain S.A. (PA:SGO): Ranked #586 globally with a market cap of $44.75 Billion USD ( €38.28 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #295 | Trane Technologies plc | F:2IS | $87.59 Billion | €419.30 |
| #298 | Johnson Controls International PLC | NYSE:JCI | $86.82 Billion | $145.08 |
| #518 | Carrier Global Corp | NYSE:CARR | $51.37 Billion | $67.62 |
| #586 | Compagnie de Saint-Gobain S.A. | PA:SGO | $44.75 Billion | €77.64 |
Trane Technologies plc Historical Marketcap From 2015 to 2026
Between 2015 and today, Trane Technologies plc's market cap moved from $8.16 Billion to $ 107.67 Billion, with a yearly change of 28.24%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $107.67 Billion | +24.99% |
| 2025 | $86.14 Billion | +5.37% |
| 2024 | $81.75 Billion | +52.66% |
| 2023 | $53.55 Billion | +47.39% |
| 2022 | $36.33 Billion | -15.34% |
| 2021 | $42.91 Billion | +41.02% |
| 2020 | $30.43 Billion | +43.42% |
| 2019 | $21.22 Billion | +48.32% |
| 2018 | $14.31 Billion | +4.41% |
| 2017 | $13.70 Billion | +21.27% |
| 2016 | $11.30 Billion | +38.54% |
| 2015 | $8.16 Billion | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Trane Technologies plc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $103.17 Billion USD |
| MoneyControl | $103.17 Billion USD |
| MarketWatch | $103.17 Billion USD |
| marketcap.company | $103.17 Billion USD |
| Reuters | $103.17 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Trane Technologies plc
Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps; chillers; coils and condensers; auxiliary power, cold storage, and condensing units; controls contracting and commissioning, dec… Read more