Trane Technologies (WBO:TTEC) Earnings Yield (Joel Greenblatt) %: 3.53% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WBO:TTEC Trane Technologies PLC WBO:TTEC
94 GF Score
Price €370.20
View Full Analysis

What is Trane Technologies Earnings Yield (Joel Greenblatt) %?

Trane Technologies WBO:TTEC +1.12% 94 Earnings Yield (Joel Greenblatt) % is 3.53% as of Jun. 2026. GuruFocus rates WBO:TTEC with a GF Score™ of 94/100. Among 1,808 Construction companies, Trane Technologies ranks worse than 62.06% on this metric.

Trane Technologies's Enterprise Value for the quarter that ended in Jun. 2026 was €0.00 Mil. Trane Technologies's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €3,398.28 Mil. Trane Technologies's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 3.53%.

The historical rank and industry rank for Trane Technologies's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

WBO:TTEC's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Construction industry.
Industry Median: 6.365
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Trane Technologies's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 20.71%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Trane Technologies  (WBO:TTEC) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Trane Technologies Earnings Yield (Joel Greenblatt) % Related Terms


Trane Technologies Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Trane Technologies's Earnings Yield (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Trane Technologies Earnings Yield (Joel Greenblatt) % Chart

Trane Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.03 5.69 4.74 4.04 4.38

Trane Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.76 4.03 4.38 4.06 3.53

WBO:TTEC vs : Earnings Yield (Joel Greenblatt) % Comparison

For the Building Products & Equipment subindustry, Trane Technologies's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Trane Technologies Earnings Yield (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Trane Technologies's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Trane Technologies's Earnings Yield (Joel Greenblatt) % falls into.


WBO:TTEC
94GF Score
Trane Technologies PLC WBO:TTEC
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trane Technologies Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Trane Technologiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=3335.126/0
= %

Trane Technologies's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,398.28 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 3.53% mean?
Trane Technologies (WBO:TTEC) has a Earnings Yield (Joel Greenblatt) % of 3.53% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Trane Technologies and its competitors. According to the industry distribution chart, Trane Technologies ranks #1122 out of 1808 companies in the Construction industry, placing it in the top 62.1%.
Is Trane Technologies' Earnings Yield (Joel Greenblatt) % too high?
Trane Technologies' current Earnings Yield (Joel Greenblatt) % is 3.53%. The Construction industry median Earnings Yield (Joel Greenblatt) % is 6.37. Trane Technologies' value of 3.53% is 44.5% below this industry median. Based on the distribution chart, Trane Technologies ranks #1122 out of 1808 companies in the Construction industry, which is below the industry midpoint. Overall, Trane Technologies has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Trane Technologies' Earnings Yield (Joel Greenblatt) % compare to ?
According to the Construction industry distribution chart, Trane Technologies ranks #1122 out of 1808 companies for Earnings Yield (Joel Greenblatt) %. This places Trane Technologies in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.37. Trane Technologies' value of 3.53% is 44.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Construction company?
The median Earnings Yield (Joel Greenblatt) % among Construction companies is 6.37, based on 1,808 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Trane Technologies's current Earnings Yield (Joel Greenblatt) % of 3.53% is 44.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Trane Technologies and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trane Technologies's current Earnings Yield (Joel Greenblatt) % is 3.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trane Technologies stock overvalued right now?
Trane Technologies (WBO:TTEC) has a current Earnings Yield (Joel Greenblatt) % of 3.53%. The current Earnings Yield (Joel Greenblatt) % is 3.53% and 44.5% below the Construction industry median of 6.37. Trane Technologies' overall GF Score™ is 94/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Trane Technologies (WBO:TTEC), the current Earnings Yield (Joel Greenblatt) % is 3.53% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Trane Technologies Business Description

Comparable Companies
Address 170/175 Lakeview Drive, Airside Business Park, Swords County, Dublin, IRL
Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for approximately 80% of its revenue, with 13% from EMEA and 7% Asia-Pacific. The company was formed in 2020 when its former parent, Ingersoll Rand, merged with Gardner Denver in a tax-advantaged reverse Morris trust transaction.
94GF Score

Get the complete analysis for WBO:TTEC

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€370.20
Price