Trane Technologies (TT) official guidance
Trane Technologies (TT) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.
See the full Filings Intelligence suiteTTTrane Technologies plcFY2026 · ends 2026-12-31
4 metrics1 lowered1 new1 maintainedearnings call · 1d
2026-10-29 15:27:09 UTCat least $3.4B
We now expect to deploy more than $3.4 billion in 2026, exceeding the high end of our prior range.
TT · transcript · Q3 FY2026
2026-10-29 15:26:00 UTCOpen source
2026-07-31 04:01:17 UTC$2.8B – $3.3Bmaintained
We remain on track with our balanced capital allocation strategy with a target deployment of $2.8 billion-$3.3 billion for the year.
TT · transcript · Q2 FY2026
2026-07-31 04:00:00 UTCOpen source
2026-05-01 04:01:36 UTC$2.8B – $3.3Bmaintained
We are on track to deploy between $2.8-3.3 billion in 2026 through our balanced capital allocation strategy.
TT · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-01-30 05:01:42 UTC$2.8B – $3.3Bnew
For 2026, we expect to deploy between $2.8 billion and $3.3 billion.
TT · transcript · Q4 FY2025
2026-01-30 05:00:00 UTCOpen source
2026-10-29 15:27:09 UTC2%lowered -20.0%
We now expect CapEx of approximately 2% of revenue in 2026, which will further bolster our strong free cash flow and balance sheet position.
TT · transcript · Q3 FY2026
2026-10-29 15:26:00 UTCOpen source
2026-07-31 04:01:17 UTC2% – 3%maintained
We continue to pursue disciplined M&A and are strategically investing in capacity to support future growth with expected CapEx of 2%-3% of revenue in 2026.
TT · transcript · Q2 FY2026
2026-07-31 04:00:00 UTCOpen source
2026-05-01 04:01:36 UTC2% – 3%new
Yeah, Scott, we did raise our CapEx target for the year. We're generally 1%-2% of revenue. We raised it to 2%-3% of revenue, A, to capture the expanded production in Florida and in Texas for Stellar, and also to make sure we are staying ahead of where we see the growth, especially in our applied commercial HVAC business.
TT · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-10-29 15:27:09 UTC19%new-19 bps vs FY2025
This includes a $0.10 headwind from a higher fourth quarter tax rate, which neutralizes the third-quarter benefit and keeps our full-year effective tax rate forecast unchanged at 19%.
TT · transcript · Q3 FY2026
2026-10-29 15:26:00 UTCOpen source
2026-10-29 15:27:09 UTC$15.2 – $15.3maintained
For the full year, we are increasing our organic revenue growth outlook to approximately 11% and reaffirming our adjusted EPS guidance range of $15.20 to $15.30.
TT · transcript · Q3 FY2026
2026-10-29 15:26:00 UTCOpen source
2026-10-29 10:41:39 UTC$15.2 – $15.3maintained
The Company expects adjusted continuing EPS for full- year 2026 of $15.20 to $15.30.
TT · EX-99.1 · Q3 FY2026
2026-10-29 10:40:47 UTCOpen source
2026-07-31 04:01:17 UTC$15.2 – $15.3maintained
We are increasing our full-year organic revenue growth outlook to approximately 9% and our adjusted EPS guidance to a range of $15.20-$15.30.
TT · transcript · Q2 FY2026
2026-07-31 04:00:00 UTCOpen source
2026-07-30 10:01:17 UTC$15.2 – $15.3raised +2.7%
The Company expects adjusted continuing EPS for full- year 2026 of $15.20 to $15.30.
TT · EX-99.1 · Q2 FY2026
2026-07-30 10:00:44 UTCOpen source
2026-05-01 04:01:36 UTC$14.75 – $14.95maintained
We're also increasing our adjusted EPS guidance range to $14.75-$14.95, or approximately 13%-15% of adjusted EPS growth, up from $14.65-$14.85 prior.
TT · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-04-30 10:01:57 UTC$14.75 – $14.95raised +0.7%
The Company expects GAAP and adjusted continuing EPS for full-year 2026 of approximately $14.75 to $14.95.
TT · EX-99.1 · Q1 FY2026
2026-04-30 10:01:21 UTCOpen source
2026-01-30 05:01:42 UTC$14.65 – $14.85maintained
We are initiating 2026 guidance with 6%-7% organic revenue growth and Adjusted EPS of $14.65-$14.85, up 12%-14%.
TT · transcript · Q4 FY2025
2026-01-30 05:00:00 UTCOpen source
2026-01-29 11:01:18 UTC$14.65 – $14.85new
The Company expects GAAP and adjusted continuing EPS for full-year 2026 of $14.65 to $14.85.
TT · EX-99.1 · Q4 FY2025
2026-01-29 11:00:43 UTCOpen source
TTTrane Technologies plcQ4 FY2026 · ends 2026-12-31
1 metric1 newearnings call · 1d
2026-10-29 15:27:09 UTC$3.4 – $3.5new
For the fourth quarter, we expect organic revenue growth in the mid-teens with adjusted EPS of approximately $3.40 to $3.50.
TT · transcript · Q3 FY2026
2026-10-29 15:26:00 UTCOpen source
TTTrane Technologies plcFY2026 · ends 2026-12-31
3 metrics2 new1 maintainedearnings call · 1d
2026-10-29 15:27:09 UTCat least 100%new
We also delivered exceptional free cash flow, reaching $2.8 billion year to date, and now expect to deliver free cash flow greater than 100% of net earnings for the full year.
TT · transcript · Q3 FY2026
2026-10-29 15:26:00 UTCOpen source
2026-10-29 15:27:09 UTClow 20snew
We now expect organic leverage to land in the low 20s, an adjustment from our prior expectation at 25% plus, primarily due to the updated price expectation and near-term supply chain and inflationary headwinds, all of which we are actively managing.
TT · transcript · Q3 FY2026
2026-10-29 15:26:00 UTCOpen source
2026-10-29 15:27:09 UTC11%maintained11% vs FY2025
For the full year, we are increasing our organic revenue growth outlook to approximately 11% and reaffirming our adjusted EPS guidance range of $15.20 to $15.30.
TT · transcript · Q3 FY2026
2026-10-29 15:26:00 UTCOpen source
2026-10-29 10:41:39 UTC11%raised +22.2%11% vs FY2025
The Company expects full-year 2026 reported revenue growth of approximately 13.5 percent and organic revenue growth of approximately 11 percent versus full-year 2025.
TT · EX-99.1 · Q3 FY2026
2026-10-29 10:40:47 UTCOpen source
2026-07-31 04:01:17 UTC9%maintained9% vs FY2025
We are increasing our full-year organic revenue growth outlook to approximately 9% and our adjusted EPS guidance to a range of $15.20-$15.30.
TT · transcript · Q2 FY2026
2026-07-31 04:00:00 UTCOpen source
2026-07-30 10:01:17 UTC9%raised +28.6%9% vs FY2025
The Company expects full-year 2026 reported revenue growth of approximately 11.5 percent and organic revenue growth of approximately 9 percent versus full-year 2025.
TT · EX-99.1 · Q2 FY2026
2026-07-30 10:00:44 UTCOpen source
2026-05-01 04:01:36 UTC7%maintained7% vs FY2025
We're increasing our organic revenue growth guidance to approximately 7%, the high end of our prior range of approximately 6%-7%.
TT · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-04-30 10:01:57 UTC7%raised +7.7%7% vs FY2025
The Company expects full-year 2026 reported revenue growth of approximately 9.5 percent and organic revenue growth of approximately 7 percent versus full-year 2025.
TT · EX-99.1 · Q1 FY2026
2026-04-30 10:01:21 UTCOpen source
2026-01-30 05:01:42 UTC6% – 7%maintained6% – 7% vs FY2025
We are initiating 2026 guidance with 6%-7% organic revenue growth and Adjusted EPS of $14.65-$14.85, up 12%-14%.
TT · transcript · Q4 FY2025
2026-01-30 05:00:00 UTCOpen source
2026-01-29 11:01:18 UTC6% – 7%new6% – 7% vs FY2025
The Company expects full-year 2026 reported revenue growth of approximately 8.5 percent to 9.5 percent; organic revenue growth of approximately 6 percent to 7 percent versus full-year 2025.
TT · EX-99.1 · Q4 FY2025
2026-01-29 11:00:43 UTCOpen source
TTTrane Technologies plcQ4 FY2026 · ends 2026-12-31
2 metrics2 newearnings call · 1d
2026-10-29 15:27:09 UTCmid-teensnew14% – 16% vs Q4 FY2025
For the fourth quarter, we expect organic revenue growth in the mid-teens with adjusted EPS of approximately $3.40 to $3.50.
TT · transcript · Q3 FY2026
2026-10-29 15:26:00 UTCOpen source
2026-10-29 15:27:09 UTC2%new2% vs Q4 FY2025
We expect price to accelerate in the fourth quarter to approximately 1.5 points at the enterprise and close to 2 points in the Americas segment.
TT · transcript · Q3 FY2026
2026-10-29 15:26:00 UTCOpen source
TTTrane Technologies plcFY2026 · ends 2026-12-31
1 metric1 newearnings call · 1d
2026-10-29 15:27:09 UTC1%new1% vs FY2025
Looking at the balance of the year, we are updating our full-year price realization expectation from 1.5 points to approximately 1 point, primarily reflecting timing and mix across our shorter cycle businesses.
TT · transcript · Q3 FY2026
2026-10-29 15:26:00 UTCOpen source
TTTrane Technologies plcQ4 FY2026 · ends 2026-12-31
1 metric1 newearnings call · 1d
2026-10-29 15:27:09 UTC1.5%new1.5% vs Q4 FY2025
We expect price to accelerate in the fourth quarter to approximately 1.5 points at the enterprise and close to 2 points in the Americas segment.
TT · transcript · Q3 FY2026
2026-10-29 15:26:00 UTCOpen source
TTTrane Technologies plcFY2026 · ends 2026-12-31
2 metrics1 new1 maintainedearnings call · 1d
2026-10-29 15:27:09 UTC$500Mmaintained
No change to the outlook for Stellar for 2026, and around $500 million of revenue and really neutral on the earnings line.
TT · transcript · Q3 FY2026
2026-10-29 15:26:00 UTCOpen source
2026-07-31 04:01:17 UTC$500Mnew
I would just add, as we said last quarter, we expect the Stellar business to be $500 million in revenue this year, nothing's changed there.
TT · transcript · Q2 FY2026
2026-07-31 04:00:00 UTCOpen source
2026-10-29 15:27:09 UTCflattish organic revenue growthnew
In EMEA, we continue to expect flattish organic revenue growth for the full year, with commercial HVAC offsetting headwinds in the Middle East and transport.
TT · transcript · Q3 FY2026
2026-10-29 15:26:00 UTCOpen source
TTTrane Technologies plcQ4 FY2026 · ends 2026-12-31
2 metrics2 newearnings call · 1d
2026-10-29 15:27:09 UTCup in that high single-digit rangenew7% – 9% vs Q4 FY2025
For the fourth quarter, in terms of our guide, we're expecting residential to be up in that high single-digit range. Again, bit easier comps on a year-over-year basis, but otherwise, the fundamentals in the business remain intact here as we're managing inventory and sell and sell through.
TT · transcript · Q3 FY2026
2026-10-29 15:26:00 UTCOpen source
2026-10-29 15:27:09 UTCstrong revenue growthnew
Transport markets continue to show improvement, and we expect strong revenue growth in the fourth quarter, leading into a 2027 recovery.
TT · transcript · Q3 FY2026
2026-10-29 15:26:00 UTCOpen source
TTTrane Technologies plcFY2026 · ends 2026-12-31
2 metrics1 raised1 maintainedearnings release · 1d
2026-10-29 10:41:39 UTC$15 – $15.1maintained15.6% – 16.3% vs FY2025
The Company expects GAAP continuing EPS for full-year 2026 of approximately $15.00 to $15.10, including $0.20 for non-GAAP adjustments.
TT · EX-99.1 · Q3 FY2026
2026-10-29 10:40:47 UTCOpen source
2026-07-30 10:01:17 UTC$15 – $15.1raised +1.3%15.6% – 16.3% vs FY2025
The Company expects GAAP continuing EPS for full-year 2026 of approximately $15.00 to $15.10, including $0.20 for non-GAAP adjustments.
TT · EX-99.1 · Q2 FY2026
2026-07-30 10:00:44 UTCOpen source
2026-04-30 10:01:57 UTC$14.75 – $14.95raised +0.7%13.6% – 15.2% vs FY2025
The Company expects GAAP and adjusted continuing EPS for full-year 2026 of approximately $14.75 to $14.95.
TT · EX-99.1 · Q1 FY2026
2026-04-30 10:01:21 UTCOpen source
2026-01-29 11:01:18 UTC$14.65 – $14.85new
The Company expects GAAP and adjusted continuing EPS for full-year 2026 of $14.65 to $14.85.
TT · EX-99.1 · Q4 FY2025
2026-01-29 11:00:43 UTCOpen source
2026-10-29 10:41:39 UTC13.5%raised +17.4%13.5% vs FY2025
The Company expects full-year 2026 reported revenue growth of approximately 13.5 percent and organic revenue growth of approximately 11 percent versus full-year 2025.
TT · EX-99.1 · Q3 FY2026
2026-10-29 10:40:47 UTCOpen source
2026-07-30 10:01:17 UTC11.5%raised +21.1%11.5% vs FY2025
The Company expects full-year 2026 reported revenue growth of approximately 11.5 percent and organic revenue growth of approximately 9 percent versus full-year 2025.
TT · EX-99.1 · Q2 FY2026
2026-07-30 10:00:44 UTCOpen source
2026-05-01 04:01:36 UTC9.5%maintained9.5% vs FY2025
Our reported revenue guidance moves to approximately 9.5%, with unchanged estimates for approximately two points of M&A and 50 basis points of favorable FX.
TT · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-04-30 10:01:57 UTC9.5%raised +5.6%9.5% vs FY2025
The Company expects full-year 2026 reported revenue growth of approximately 9.5 percent and organic revenue growth of approximately 7 percent versus full-year 2025.
TT · EX-99.1 · Q1 FY2026
2026-04-30 10:01:21 UTCOpen source
2026-01-30 05:01:42 UTC8.5% – 9.5%maintained8.5% – 9.5% vs FY2025
All in, reported revenue growth is expected to be 8.5%-9.5%.
TT · transcript · Q4 FY2025
2026-01-30 05:00:00 UTCOpen source
2026-01-29 11:01:18 UTC8.5% – 9.5%new8.5% – 9.5% vs FY2025
The Company expects full-year 2026 reported revenue growth of approximately 8.5 percent to 9.5 percent; organic revenue growth of approximately 6 percent to 7 percent versus full-year 2025.
TT · EX-99.1 · Q4 FY2025
2026-01-29 11:00:43 UTCOpen source
TTTrane Technologies plcQ3 FY2026 · ends 2026-09-30
1 metric1 newearnings call · 2026-07-31 04:01:17 UTC
2026-07-31 04:01:17 UTC$4.7new
For the third quarter, we expect organic revenue growth of approximately 10% with adjusted EPS of approximately $4.70.
TT · transcript · Q2 FY2026
2026-07-31 04:00:00 UTCOpen source
TTTrane Technologies plcQ4 FY2026 · ends 2026-12-31
1 metric1 newearnings call · 2026-07-31 04:01:17 UTC
2026-07-31 04:01:17 UTCat least 1%new1% vs Q4 FY2025
It accelerates into the fourth quarter, which would be, we'd be targeting over a point of margin expansion and driving a margin expansion on the full year.
TT · transcript · Q2 FY2026
2026-07-31 04:00:00 UTCOpen source