Trane Technologies (TT)
Trane Statistics
Share Statistics
Trane has 223.18M shares outstanding. The number of shares has increased by -0.91% in one year.
| Shares Outstanding | 223.18M |
| Shares Change (YoY) | -0.91% |
| Shares Change (QoQ) | -0.33% |
| Owned by Institutions (%) | 84.7% |
| Shares Floating | 222.5M |
| Failed to Deliver (FTD) Shares | 900 |
| FTD / Avg. Volume | 0.05% |
Short Selling Information
The latest short interest is 4.01M, so 1.8% of the outstanding shares have been sold short.
| Short Interest | 4.01M |
| Short % of Shares Out | 1.8% |
| Short % of Float | 2% |
| Short Ratio (days to cover) | 2.59 |
Valuation Ratios
The PE ratio is 32.29 and the forward PE ratio is 26.73. Trane's PEG ratio is 1.14.
| PE Ratio | 32.29 |
| Forward PE | 26.73 |
| PS Ratio | 4.18 |
| Forward PS | 3.3 |
| PB Ratio | 11.12 |
| P/FCF Ratio | 29.54 |
| PEG Ratio | 1.14 |
Enterprise Valuation
Trane has an Enterprise Value (EV) of 86.09B.
| EV / Sales | 4.34 |
| EV / EBITDA | 22.31 |
| EV / EBIT | 27.09 |
| EV / FCF | 30.67 |
Financial Position
The company has a current ratio of 1.21, with a Debt / Equity ratio of 0.64.
| Current Ratio | 1.21 |
| Quick Ratio | 0.88 |
| Debt / Equity | 0.64 |
| Debt / EBITDA | 1.24 |
| Debt / FCF | 1.7 |
| Interest Coverage | 14.68 |
Financial Efficiency
Return on Equity is 34.43% and Return on Invested Capital is 19.43%.
| Return on Equity | 34.43% |
| Return on Assets | 12.75% |
| Return on Invested Capital | 19.43% |
| Revenue Per Employee | $440.85K |
| Profits Per Employee | $57.06K |
| Employee Count | 45,000 |
| Asset Turnover | 0.98 |
| Inventory Turnover | 6.47 |
Taxes
| Income Tax | 627.6M |
| Effective Tax Rate | 19.36% |
Stock Price Statistics
The stock price has increased by 21.67% in the last 52 weeks. The beta is 1.08, so Trane's price volatility has been higher than the market average.
| Beta | 1.08 |
| 52-Week Price Change | 21.67% |
| 50-Day Moving Average | 344.25 |
| 200-Day Moving Average | 367.02 |
| Relative Strength Index (RSI) | 68.37 |
| Average Volume (20 Days) | 1.65M |
Income Statement
In the last 12 months, Trane had revenue of 19.84B and earned 2.57B in profits. Earnings per share was 11.44.
| Revenue | 19.84B |
| Gross Profit | 7.08B |
| Operating Income | 3.5B |
| Net Income | 2.57B |
| EBITDA | 3.86B |
| EBIT | 3.48B |
| Earnings Per Share (EPS) | 11.44 |
Balance Sheet
The company has 1.59B in cash and 4.77B in debt, giving a net cash position of -3.18B.
| Cash & Cash Equivalents | 1.59B |
| Total Debt | 4.77B |
| Net Cash | -3.18B |
| Retained Earnings | 9.79B |
| Total Assets | 20.15B |
| Working Capital | 1.27B |
Cash Flow
In the last 12 months, operating cash flow was 3.18B and capital expenditures -370.6M, giving a free cash flow of 2.81B.
| Operating Cash Flow | 3.18B |
| Capital Expenditures | -370.6M |
| Free Cash Flow | 2.81B |
| FCF Per Share | 12.51 |
Margins
Gross margin is 35.69%, with operating and profit margins of 17.64% and 12.94%.
| Gross Margin | 35.69% |
| Operating Margin | 17.64% |
| Pretax Margin | 16.34% |
| Profit Margin | 12.94% |
| EBITDA Margin | 19.46% |
| EBIT Margin | 17.64% |
| FCF Margin | 14.15% |
Dividends & Yields
TT pays an annual dividend of $4.4, which amounts to a dividend yield of 1.01%.
| Dividend Per Share | $4.40 |
| Dividend Yield | 1.01% |
| Dividend Growth (YoY) | 11.9% |
| Payout Ratio | 38.77% |
| Earnings Yield | 3.1% |
| FCF Yield | 3.39% |
Analyst Forecast
The average price target for TT is $402, which is 4.9% higher than the current price. The consensus rating is "Hold".
| Price Target | $402 |
| Price Target Difference | 4.9% |
| Analyst Consensus | Hold |
| Analyst Count | 14 |
Stock Splits
The last stock split was on Mar 2, 2020. It was a forward split with a ratio of 1289:1000.
| Last Split Date | Mar 2, 2020 |
| Split Type | forward |
| Split Ratio | 1289:1000 |
Scores
| Altman Z-Score | 6.86 |
| Piotroski F-Score | 8 |