Trane Technologies PLC (HAM:2IS)
€ 366.1 -12.3 (-3.25%) Market Cap: 80.56 Bil Enterprise Value: 83.43 Bil PE Ratio: 32.47 PB Ratio: 10.98 GF Score: 94/100

Trane Technologies PLC at Morgan Stanley Laguna Conference Transcript

Sep 15, 2026 / 05:45PM GMT
Release Date Price: €366.1 (-3.25%)
David Regnery
Trane Technologies Co LLC - Chairman of the Board, Chief Executive Officer

(audio in progress) So in the past, we've been connected to assets and buildings for a long time now for decades. But today, we have over 70,000 buildings connected. We probably have 2 million to 3 million assets connected.

And what brain box has done is in the past, we would always think of things like -- think of it as machine learning, so we were connected, but it was always about how do you make sure the asset or the building is performing the way it was designed.

With brain box, we now can take unstructured data and add that to the equation. So now all of a sudden, you have buildings that are performing not only the way they redesigned, but also how they're being used, and that's a difference. And we're able to get 15%, 20% savings by putting algorithms or agentic algorithms in place and buildings.

So if you think about it, and most people don't know this, but buildings waste about 30% of the energy that they pay for, 30%, and that's a very conservative number. And what we can do is

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