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Trane Technologies PLC
NYSE:TT

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Trane Technologies PLC Logo
Trane Technologies PLC
NYSE:TT
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Price: 326.64 USD -1.61% Market Closed
Updated: May 14, 2024

Gross Margin
Trane Technologies PLC

33.9%
Current
32%
Average
27.9%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
33.9%
=
Gross Profit
6.2B
/
Revenue
18.2B

Gross Margin Across Competitors

Country IE
Market Cap 74B USD
Gross Margin
34%
Country US
Market Cap 58B USD
Gross Margin
29%
Country JP
Market Cap 7.3T JPY
Gross Margin
34%
Country IE
Market Cap 45B USD
Gross Margin
33%
Country FR
Market Cap 40.5B EUR
Gross Margin
27%
Country SE
Market Cap 350.1B SEK
Gross Margin
41%
Country US
Market Cap 20.4B USD
Gross Margin
35%
Country CH
Market Cap 18.3B CHF
Gross Margin
71%
Country US
Market Cap 19.7B USD
Gross Margin
36%
Country IE
Market Cap 16.1B EUR
Gross Margin
29%
Country US
Market Cap 17.3B USD
Gross Margin
32%

Profitability Report

View the profitability report to see the full profitability analysis for Trane Technologies PLC.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
33.9%
=
Gross Profit
6.2B
/
Revenue
18.2B
What is the Gross Margin of Trane Technologies PLC?

Based on Trane Technologies PLC's most recent financial statements, the company has Gross Margin of 33.9%.