TTTrane Technologies plc

$96B

Q1 2023 Earnings

Industrials Construction

Income Statement

Revenue

$3.7B+9.2% YoY

Gross Profit

$1.1B31.2% margin

Operating Income

$457M12.5% margin

Net Income

$307M8.4% margin

EPS (Diluted)

$1.33

QoQ Revenue Growth

-10.0%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

-$69M

Stock-Based Comp.

$24M

Balance Sheet

Total Assets

$17.9B

Total Liabilities

$11.8B

Stockholders' Equity

$6.1B

Cash & Equivalents

$693M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.7B	$3.4B	+9.2%
Gross Profit	$1.1B	$989M	+15.6%
Operating Income	$457M	$388M	+17.7%
Net Income	$307M	$260M	+18.0%

Geographic Segments

Americas

$2.9B78%

EMEA

$511M14%

Asia Pacific

$294M8%

TT Q1 2023 Earnings — Trane Technologies plc Revenue & Financial Results | Market Cap Arena