Trane Technologies PLC (NYSE:TT)
$ 503.46 +20.31 (+4.2%) Market Cap: 111.29 Bil Enterprise Value: 114.86 Bil PE Ratio: 38.94 PB Ratio: 12.96 GF Score: 92/100

Trane Technologies PLC at Barclays Industrial Select Conference Transcript

Feb 17, 2026 / 02:15PM GMT
Release Date Price: $470.42 (+1.11%)
Julian Mitchell
Barclays Services Corp - Analyst

Thank you very much, everyone, for being here. welcome to the third session this morning. It's my pleasure to have Trane Technologies; Dave Regnery, Chair and CEO; and Chris Kuehn, CFO. Dave and Chris, thanks very much for coming here and being with us today.

Maybe first off, I think the biggest surprise from your results a few weeks ago was the strength in those commercial HVAC orders ending 2025, maybe help us understand kind of main drivers of that? And do you see those types of growth rates persisting into this year?

David Regnery
Trane Technologies PLC - Chairman of the Board, Chief Executive Officer

Sure. I'll start, Chris you could add in. First of all, thanks, everyone, for coming. We got a full house here today.

So that's great. It's always good to be at this conference, coming down to Miami. It's a little warmer here and certainly in North Carolina right now, but Look, Trane Technologies is very strong in Q4. We talked about order rates. Order rates were up over 22%. It was broad

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