Trane Pretax Profit Margin from 2010 to 2024

TT Stock  USD 415.39  4.23  1.03%   
Trane Technologies Pretax Profit Margin yearly trend continues to be comparatively stable with very little volatility. Pretax Profit Margin is likely to outpace its year average in 2024. From the period from 2010 to 2024, Trane Technologies Pretax Profit Margin quarterly data regression had r-value of  0.90 and coefficient of variation of  31.35. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.14522899
Current Value
0.15
Quarterly Volatility
0.03215705
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Trane Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trane Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 272.8 M, Total Revenue of 10.6 B or Gross Profit of 3.1 B, as well as many indicators such as Price To Sales Ratio of 3.29, Dividend Yield of 0.0242 or PTB Ratio of 8.32. Trane financial statements analysis is a perfect complement when working with Trane Technologies Valuation or Volatility modules.
  
Check out the analysis of Trane Technologies Correlation against competitors.

Latest Trane Technologies' Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Trane Technologies plc over the last few years. It is Trane Technologies' Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Trane Technologies' overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Trane Pretax Profit Margin Regression Statistics

Arithmetic Mean0.10
Geometric Mean0.1
Coefficient Of Variation31.35
Mean Deviation0.02
Median0.10
Standard Deviation0.03
Sample Variance0
Range0.1085
R-Value0.90
Mean Square Error0.0002
R-Squared0.81
Slope0.01
Total Sum of Squares0.01

Trane Pretax Profit Margin History

2023 0.15
2022 0.14
2019 0.1
2018 0.11
2017 0.0999
2016 0.13

About Trane Technologies Financial Statements

Trane Technologies shareholders use historical fundamental indicators, such as Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Trane Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Trane Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Trane Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.15  0.15 

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Additional 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.