Trane (TT) Revenue & Revenue Breakdown

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Trane Revenue Highlights

Latest Revenue (Y)

$21.32B

Latest Revenue (Q)

$5.74B

Main Segment (Y)

Product

Main Geography (Y)

Americas

Trane Revenue by Period

Trane Revenue by Year

Date	Revenue	Change
2025-12-31	$21.32B	7.48%
2024-12-31	$19.84B	12.22%
2023-12-31	$17.68B	10.54%
2022-12-31	$15.99B	13.12%
2021-12-31	$14.14B	13.50%
2020-12-31	$12.45B	-4.75%
2019-12-31	$13.08B	5.93%
2018-12-31	$12.34B	-13.06%
2017-12-31	$14.20B	5.10%
2016-12-31	$13.51B	1.57%
2015-12-31	$13.30B	3.17%
2014-12-31	$12.89B	4.38%
2013-12-31	$12.35B	3.02%
2012-12-31	$11.99B	-18.90%
2011-12-31	$14.78B	4.99%
2010-12-31	$14.08B	6.70%
2009-12-31	$13.20B	-0.24%
2008-12-31	$13.23B	50.94%
2007-12-31	$8.76B	-23.19%
2006-12-31	$11.41B	8.18%
2005-12-31	$10.55B	12.28%
2004-12-31	$9.39B	-4.89%
2003-12-31	$9.88B	10.33%
2002-12-31	$8.95B	4.03%
2001-12-31	$8.60B	2.28%
2000-12-31	$8.41B	7.59%
1999-12-31	$7.82B	3.70%
1998-12-31	$7.54B	20.85%
1997-12-31	$6.24B	-6.92%
1996-12-31	$6.70B	17.00%
1995-12-31	$5.73B	27.10%
1994-12-31	$4.51B	12.10%
1993-12-31	$4.02B	-

Trane generated $21.32B in revenue during NA 2025, up 7.48% compared to the previous quarter, and up 171.20% compared to the same period a year ago.

Trane Revenue by Quarter

Date	Revenue	Change
2025-09-30	$5.74B	-0.07%
2025-06-30	$5.75B	22.56%
2025-03-31	$4.69B	-3.81%
2024-12-31	$4.87B	-10.42%
2024-09-30	$5.44B	2.52%
2024-06-30	$5.31B	25.90%
2024-03-31	$4.22B	-4.72%
2023-12-31	$4.42B	-9.40%
2023-09-30	$4.88B	3.79%
2023-06-30	$4.70B	28.34%
2023-03-31	$3.67B	-10.02%
2022-12-31	$4.07B	-6.82%
2022-09-30	$4.37B	4.33%
2022-06-30	$4.19B	24.88%
2022-03-31	$3.36B	-5.99%
2021-12-31	$3.57B	-4.05%
2021-09-30	$3.72B	-2.87%
2021-06-30	$3.83B	26.91%
2021-03-31	$3.02B	-5.08%
2020-12-31	$3.18B	-9.05%
2020-09-30	$3.50B	11.36%
2020-06-30	$3.14B	18.84%
2020-03-31	$2.64B	-17.04%
2019-12-31	$3.18B	-8.27%
2019-09-30	$3.47B	-4.06%
2019-06-30	$3.62B	29.03%
2019-03-31	$2.80B	-28.02%
2018-12-31	$3.90B	-3.37%
2018-09-30	$4.03B	-7.50%
2018-06-30	$4.36B	28.75%
2018-03-31	$3.38B	-6.46%
2017-12-31	$3.62B	-1.43%
2017-09-30	$3.67B	-6.09%
2017-06-30	$3.91B	30.25%
2017-03-31	$3.00B	-10.66%
2016-12-31	$3.36B	-5.86%
2016-09-30	$3.57B	-3.26%
2016-06-30	$3.69B	27.44%
2016-03-31	$2.89B	-12.98%
2015-12-31	$3.33B	-4.62%
2015-09-30	$3.49B	-3.15%
2015-06-30	$3.60B	24.67%
2015-03-31	$2.89B	-10.88%
2014-12-31	$3.24B	-4.27%
2014-09-30	$3.38B	-4.46%
2014-06-30	$3.54B	30.11%
2014-03-31	$2.72B	74.99%
2013-12-31	$1.56B	-58.50%
2013-09-30	$3.75B	-4.66%
2013-06-30	$3.93B	26.36%
2013-03-31	$3.11B	-10.31%
2012-12-31	$3.47B	-3.41%
2012-09-30	$3.59B	-5.98%
2012-06-30	$3.82B	21.28%
2012-03-31	$3.15B	-8.78%
2011-12-31	$3.45B	-12.08%
2011-09-30	$3.93B	0.93%
2011-06-30	$3.89B	24.03%
2011-03-31	$3.14B	-15.46%
2010-12-31	$3.71B	-0.50%
2010-09-30	$3.73B	0.73%
2010-06-30	$3.70B	25.39%
2010-03-31	$2.95B	-10.66%
2009-12-31	$3.31B	-5.08%
2009-09-30	$3.48B	0.26%
2009-06-30	$3.47B	18.44%
2009-03-31	$2.93B	-20.09%
2008-12-31	$3.67B	-14.91%
2008-09-30	$4.31B	40.00%
2008-06-30	$3.08B	42.41%
2008-03-31	$2.16B	-

Trane generated $5.74B in revenue during Q3 2025, up -0.07% compared to the previous quarter, and up 108.20% compared to the same period a year ago.

Trane Revenue Breakdown

Trane Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 21	Dec 19
Service	$7.34B	$6.52B	$5.70B	$4.64B	-
Product	$13.98B	$13.31B	$11.98B	$9.50B	-
Climate	-	-	-	-	$13.08B
Industrial	-	-	-	-	$3.52B

Trane's latest annual revenue breakdown by segment (product or service), as of Dec 25: Product (65.58%), and Service (34.42%).

Quarterly Revenue by Product

Product/Service	Jun 23	Dec 19	Sep 19	Jun 19	Mar 19	Sep 18	Jun 18	Mar 18
Americas	$1.17B	-	-	-	-	-	-	-
EMEA	$166.90M	-	-	-	-	-	-	-
Asia Pacific	$110.20M	-	-	-	-	-	-	-
Climate	-	$3.18B	$3.47B	$3.62B	$2.80B	$1.09B	$1.04B	$838.30M
Industrial	-	$967.20M	$873.40M	$910.20M	$772.20M	$325.50M	$329.00M	$304.10M

Trane's latest quarterly revenue breakdown by segment (product or service), as of Jun 23: Americas (80.79%), EMEA (11.57%), and Asia Pacific (7.64%).

Trane Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Americas	$17.17B	$15.90B	$13.83B	$4.07B	$3.64B
Asia Pacific	$1.35B	$1.38B	$1.44B	$381.60M	$383.40M
EMEA	$2.80B	$2.56B	$2.40B	$613.60M	$616.90M

Trane's latest annual revenue breakdown by geography, as of Dec 25: Americas (80.52%), EMEA (13.14%), and Asia Pacific (6.34%).

Quarterly Revenue by Country

Country	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
EMEA	$771.10M	$749.60M	$707.90M	$573.50M	$690.20M	$667.80M	$645.30M	$553.40M	$654.50M	$618.60M	$166.90M	$145.40M	$558.50M	$168.00M	$152.20M	$140.00M	$151.50M	$172.30M	$157.60M	$135.50M
Americas	$4.01B	$4.66B	$4.69B	$3.80B	$3.80B	$4.47B	$4.29B	$3.33B	$3.39B	$3.89B	$1.17B	$960.40M	$3.14B	$1.15B	$1.09B	$848.70M	$887.70M	$1.03B	$963.00M	$754.90M
Asia Pacific	$360.90M	$329.60M	$346.20M	$314.30M	$381.30M	$298.50M	$371.20M	$327.30M	$379.20M	$376.30M	$110.20M	$92.60M	$375.50M	$102.50M	$88.80M	$78.90M	$105.70M	$95.60M	$100.20M	$81.90M

Trane's latest quarterly revenue breakdown by geography, as of Dec 25: Americas (78.00%), EMEA (14.99%), and Asia Pacific (7.02%).

Trane Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
LMT	Lockheed Martin	$75.06B	$18.61B
GD	General Dynamics	$52.55B	$12.91B
NOC	Northrop Grumman	$41.95B	$10.42B
WM	Waste Management	$25.20B	$6.44B
MMM	3M	$24.95B	$6.52B
JCI	Johnson Controls	$23.60B	$5.80B
CARR	Carrier Global	$21.75B	$5.58B
TT	Trane	$21.32B	$5.74B
ADP	Automatic Data Processing	$20.56B	$5.36B
PH	Parker-Hannifin	$19.85B	$5.17B
EMR	Emerson Electric	$18.02B	$4.35B

TT Revenue FAQ

What is Trane’s yearly revenue?

Trane's yearly revenue for 2025 was $21.32B, representing an increase of 7.48% compared to 2024. The company's yearly revenue for 2024 was $19.84B, representing an increase of 12.22% compared to 2023. TT's yearly revenue for 2023 was $17.68B, representing an increase of 10.54% compared to 2022.

What is Trane’s quarterly revenue?

Trane's quarterly revenue for Q3 2025 was $5.74B, a -0.07% decrease from the previous quarter (Q2 2025), and a 5.54% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $5.75B, a 22.56% increase from the previous quarter (Q1 2025), and a 8.27% increase year-over-year (Q2 2024). TT's quarterly revenue for Q1 2025 was $4.69B, a -3.81% decrease from the previous quarter (Q4 2024), and a 11.22% increase year-over-year (Q1 2024).

What is Trane’s revenue growth rate?

Trane's revenue growth rate for the last 3 years (2023-2025) was 20.62%, and for the last 5 years (2021-2025) was 50.83%.

What are Trane’s revenue streams?

Trane's revenue streams in c 25 are Service, and Product. Service generated $7.34B in revenue, accounting 34.42% of the company's total revenue, up 12.51% year-over-year. Product generated $13.98B in revenue, accounting 65.58% of the company's total revenue, up 5.02% year-over-year.

What is Trane’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Trane was Product. This segment made a revenue of $13.98B, representing 65.58% of the company's total revenue.