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Trane Technologies (BSP:I1RP34) Market Cap : R$317,841 Mil (As of May. 14, 2024)


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What is Trane Technologies Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Trane Technologies's share price for the quarter that ended in Mar. 2024 was R$702.1. Trane Technologies's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 453 Mil. Therefore, Trane Technologies's market cap for the quarter that ended in Mar. 2024 was R$318,331 Mil.

Trane Technologies's quarterly market cap increased from Sep. 2023 (R$233,518 Mil) to Dec. 2023 (R$268,918 Mil) and increased from Dec. 2023 (R$268,918 Mil) to Mar. 2024 (R$318,331 Mil).

Trane Technologies's annual market cap declined from Dec. 2021 (R$263,244 Mil) to Dec. 2022 (R$208,393 Mil) but then increased from Dec. 2022 (R$208,393 Mil) to Dec. 2023 (R$268,918 Mil).

Enterprise Value is 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 and cash equivalents. Trane Technologies's Enterprise Value for Today is R$338,729 Mil.


Trane Technologies Market Cap Historical Data

The historical data trend for Trane Technologies's Market Cap 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 Market Cap Chart

Trane Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 183,290.30 263,244.36 208,393.20 268,918.31

Trane Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap 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 218,100.24 209,655.12 233,517.78 268,918.31 318,331.44

Competitive Comparison of Trane Technologies's Market Cap

For the Building Products & Equipment subindustry, Trane Technologies's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Construction Industry

For the Construction industry and Industrials sector, Trane Technologies's Market Cap distribution charts can be found below:

* The bar in red indicates where Trane Technologies's Market Cap falls into.



Trane Technologies Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Trane Technologies's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=R$591.88*454.346
=R$268,918

Trane Technologies's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=R$702.1*453.399
=R$318,331

* 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  (BSP:I1RP34) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Trane Technologies Market Cap Related Terms

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Trane Technologies (BSP:I1RP34) Business Description

Traded in Other Exchanges
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.

Trane Technologies (BSP:I1RP34) Headlines

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