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Trane Technologies (Trane Technologies) Enterprise Value

: $70,237 Mil (As of Today)
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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 $70,237 Mil. Trane Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2,802 Mil. Therefore, Trane Technologies's EV-to-EBIT ratio for today is 25.07.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Trane Technologies's Enterprise Value is $70,237 Mil. Trane Technologies's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $3,150 Mil. Therefore, Trane Technologies's EV-to-EBITDA ratio for today is 22.30.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Trane Technologies's Enterprise Value is $70,237 Mil. Trane Technologies's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $17,678 Mil. Therefore, Trane Technologies's EV-to-Revenue ratio for today is 3.97.


Trane Technologies Enterprise Value Historical Data

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.

* Premium members only.

Trane Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28,912.46 36,666.97 50,216.55 42,095.93 59,113.79

Trane Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value 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 Premium Member Only Premium Member Only Premium Member Only 42,095.93 46,102.84 47,988.88 50,106.10 59,113.79

Competitive 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 Distribution

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.



Trane Technologies Enterprise Value Calculation

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. 2023 is calculated as

Trane Technologies's Enterprise Value for the quarter that ended in Dec. 2023 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  (NYSE:TT) 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 EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=70237.098/2801.8
=25.07

Trane Technologies's current Enterprise Value is $70,237 Mil.
Trane Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,802 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Trane Technologies's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=70237.098/3149.9
=22.30

Trane Technologies's current Enterprise Value is $70,237 Mil.
Trane Technologies's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,150 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Trane Technologies's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=70237.098/17677.5
=3.97

Trane Technologies's current Enterprise Value is $70,237 Mil.
Trane Technologies's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $17,678 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

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Trane Technologies (Trane Technologies) Business Description

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 $16 billion 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 over 70% of its revenue.
Executives
Mark Majocha officer: VP & Chief Accounting Officer C/O TRANE TECHNOLOGIES COMPANY LLC, 800-E BEATY STREET, DAVIDSON NC 28036
David S Regnery director, officer: Chair and CEO C/O INTERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Raymond D Pittard officer: Executive Vice President 800-E BEATY STREET, DAVIDSON NC 28036
Keith A Sultana officer: Senior Vice President C/O INGERSOLL RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Mairead Magner officer: Senior Vice President 800-E BEATY STREET, DAVIDSON NC 28036
De Jesus Assis Ana Paula director C/O TRANE TECHNOLOGIES COMPANY LLC, 800-E BEATY STREET, DAVIDSON NC 28036
Evan M Turtz officer: Senior Vice President C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Linda P Hudson director
Paul A Camuti officer: Senior Vice President 800-E BEATY STREET, DAVIDSON NC 28036
Christopher J Kuehn officer: Vice President & Controller 800-E BEATY STREET, DAVIDSON NC 28036
John A Hayes director C/O BALL CORP, 10 LONGS PEAK DR, BROOMFIELD CO 80021-2510
Melissa N. Schaeffer director 1940 AIR PRODUCTS BLVD., ALLENTOWN PA 18106
Mark R George director 650 W PEACHTREE ST NW, ATLANTA GA 30308
Marcia J Avedon officer: Senior Vice President C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Michael W Lamach director, officer: President and CEO C/O INGERSOLL-RAND CO, 800-E BEATY STREET, DAVIDSON NC 28036