Trane Q4 2024 Earnings Report
Key Takeaways
Trane Technologies reported a strong fourth quarter with a 10% increase in revenue and a 20% increase in adjusted EPS. The company's robust bookings and backlog provide strong visibility entering 2025.
Reported revenues of $4.9 billion, up 10 percent; organic revenues up 10 percent.
GAAP operating margin up 110 bps; adjusted operating margin up 70 bps.
Adjusted EBITDA margin of 18.3 percent, up 110 bps.
GAAP continuing EPS of $2.67; adjusted continuing EPS of $2.61, up 20 percent.
Trane
Trane
Trane Revenue by Segment
Trane Revenue by Geographic Location
Forward Guidance
The Company expects full-year 2025 reported revenue growth of approximately 6.5 percent to 7.5 percent; organic revenue growth of approximately 7 percent to 8 percent versus full-year 2024. The Company expects GAAP and adjusted continuing EPS for full-year 2025 of $12.70 to $12.90.
Positive Outlook
- Expects full-year 2025 reported revenue growth of approximately 6.5 percent to 7.5 percent.
- Expects organic revenue growth of approximately 7 percent to 8 percent versus full-year 2024.
- Expects GAAP and adjusted continuing EPS for full-year 2025 of $12.70 to $12.90.
Revenue & Expenses
Visualization of income flow from segment revenue to net income