TTTrane Technologies plc

$96B

Q2 2023 Earnings

Industrials Construction

Income Statement

Revenue

$4.7B+12.3% YoY

Gross Profit

$1.6B33.7% margin

Operating Income

$885M18.8% margin

Net Income

$586M12.5% margin

EPS (Diluted)

$2.55

QoQ Revenue Growth

+28.3%

Cash Flow

Operating Cash Flow

$524M

Free Cash Flow

$467M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$18.9B

Total Liabilities

$12.6B

Stockholders' Equity

$6.3B

Cash & Equivalents

$664M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.7B	$4.2B	+12.3%
Gross Profit	$1.6B	$1.3B	+19.7%
Operating Income	$885M	$711M	+24.6%
Net Income	$586M	$509M	+15.1%

Geographic Segments

Americas

$3.7B78%

EMEA

$618M13%

Asia Pacific

$395M8%

TT Q2 2023 Earnings — Trane Technologies plc Revenue & Financial Results | Market Cap Arena