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. 2026 was €360.2. Trane Technologies's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 221 Mil. Therefore, Trane Technologies's market cap for the quarter that ended in Mar. 2026 was €79,677 Mil.
Trane Technologies's quarterly market cap
declined
from Sep. 2025 (€79,609 Mil) to Dec. 2025 (€73,617 Mil) but then
increased
from Dec. 2025 (€73,617 Mil) to Mar. 2026 (€79,677 Mil).
Trane Technologies's annual market cap
increased
from Dec. 2023 (€49,796 Mil) to Dec. 2024 (€78,858 Mil) but then
declined
from Dec. 2024 (€78,858 Mil) to Dec. 2025 (€73,617 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 €96,119 Mil.
Trane Technologies (FRA:2IS) 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 companys 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
Trane Technologies Market Cap Historical Data
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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.
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 Market Cap vs 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.
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. 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 Market Cap of €92,983 Mil as of Jun. 28, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Trane Technologies and its competitors. According to the industry distribution chart, Trane Technologies ranks #1 out of 1807 companies in the Construction industry, placing it in the top 0.099999999999994%.
Is Trane Technologies' Market Cap too high?
Trane Technologies' current Market Cap is €92,983 Mil. Based on the distribution chart, Trane Technologies ranks #1 out of 1807 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. 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' Market Cap compare to JCI and CARR?
According to the Construction industry distribution chart, Trane Technologies ranks #1 out of 1807 companies for Market Cap. This places Trane Technologies in the top 0% of its industry — outperforming the majority of peers. The industry median Market Cap is 119.09. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Construction company?
The median Market Cap among Construction companies is 119.09, based on 1,807 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Trane Technologies and its competitors. For the Construction industry, the median Market Cap is 119.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trane Technologies's current Market Cap is €92,983 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 Market Cap is €92,983 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Trane Technologies (FRA:2IS), the current Market Cap is €92,983 Mil as of Jun. 28, 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:
Market Cap: €92,983 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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