Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Trane Technologies's Enterprise Value is €96,119 Mil.
Trane Technologies's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €3,340 Mil. Therefore, Trane Technologies's EV-to-EBIT ratio for today is 28.77.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Trane Technologies's Enterprise Value is €96,119 Mil.
Trane Technologies's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €3,666 Mil. Therefore, Trane Technologies's EV-to-EBITDA ratio for today is 26.22.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Trane Technologies's Enterprise Value is €96,119 Mil.
Trane Technologies's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €18,567 Mil. Therefore, Trane Technologies's EV-to-Revenue ratio for today is 5.18.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Trane Technologies (FRA:2IS) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Trane Technologies's current Enterprise Value is €96,119 Mil.
Trane Technologies's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,340 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Trane Technologies's current Enterprise Value is €96,119 Mil.
Trane Technologies's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,666 Mil.
Trane Technologies's current Enterprise Value is €96,119 Mil.
Trane Technologies's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €18,567 Mil.
Trane Technologies's current Enterprise Value is €96,119 Mil.
Trane Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,987 Mil.
Trane Technologies's current Enterprise Value is €96,119 Mil.
Trane Technologies's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,691 Mil.
* 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 Enterprise Value Related Terms
Trane Technologies Enterprise Value Historical Data
* Premium members only.
The historical data trend for Trane Technologies's Enterprise Value 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.
FRA:2IS vs JCI, CARR, LII: Enterprise Value Comparison
For the Building Products & Equipment subindustry, Trane Technologies's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Construction Industry
For the Construction industry and Industrials sector, Trane Technologies's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Trane Technologies's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Trane Technologies's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (FRA:2IS) has a Enterprise Value of €96,119 Mil as of Jun. 29, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Trane Technologies and its competitors.
Is Trane Technologies' Enterprise Value too high?
Trane Technologies' current Enterprise Value is €96,119 Mil. Overall, Trane Technologies has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trane Technologies' Enterprise Value compare to JCI and CARR?
Trane Technologies' Enterprise Value of €96,119 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Construction company?
A good Enterprise Value depends on the Construction industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Trane Technologies and its competitors. Trane Technologies's current Enterprise Value is €96,119 Mil. 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?
Based on GuruFocus' analysis, Trane Technologies (FRA:2IS) is currently considered Modestly Overvalued. The stock's GF Value™ is €367.72, compared to a current price of €422.30 — trading 14.8% above its estimated fair value. The current Enterprise Value is €96,119 Mil. Trane Technologies' overall GF Score™ is 92/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Trane Technologies (FRA:2IS), the current Enterprise Value is €96,119 Mil as of Jun. 29, 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.
Is Trane Technologies (FRA:2IS) Overvalued in 2026?
Based on GuruFocus' analysis, Trane Technologies stock appears to be overvalued.
The current stock price of €422.30 is trading 14.8% above its estimated GF Value™ of €367.72.
GuruFocus considers Trane Technologies to be Modestly Overvalued.
Key valuation signals for FRA:2IS:
Enterprise Value: €96,119 Mil
GF Value™: €367.72 vs. price of €422.30 (14.8% above fair value)
No single metric tells the full story. See the FRA:2IS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
92GF Score
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