Trane Technologies (HAM:2IS) Retained Earnings: €9,136 Mil (As of Jun. 2026)

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HAM:2IS Trane Technologies PLC HAM:2IS
93 GF Score
Price €380.10
GF Value €363.58
Valuation Fairly Valued
! 1 Warning Sign
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What is Trane Technologies Retained Earnings?

Trane Technologies HAM:2IS -2.29% 93 Retained Earnings is €9,136 Mil as of Jun. 2026. GuruFocus rates HAM:2IS with a GF Score™ of 93/100 and a GF Value™ of €363.58 (Fairly Valued). The stock has 1 warning sign investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Trane Technologies's retained earnings for the quarter that ended in Jun. 2026 was €9,136 Mil.

Trane Technologies's quarterly retained earnings increased from Dec. 2025 (€8,900 Mil) to Mar. 2026 (€9,075 Mil) and increased from Mar. 2026 (€9,075 Mil) to Jun. 2026 (€9,136 Mil).

Trane Technologies's annual retained earnings increased from Dec. 2023 (€8,376 Mil) to Dec. 2024 (€9,351 Mil) but then declined from Dec. 2024 (€9,351 Mil) to Dec. 2025 (€8,900 Mil).


Trane Technologies  (HAM:2IS) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Trane Technologies Retained Earnings Historical Data

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The historical data trend for Trane Technologies's Retained Earnings 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 Retained Earnings Chart

Trane Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,392.58 7,854.93 8,375.60 9,351.17 8,900.47

Trane Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Retained Earnings 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 8,503.19 8,787.44 8,900.47 9,074.72 9,136.22
HAM:2IS
93GF Score
Trane Technologies PLC HAM:2IS
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Trane Technologies Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of €9,136 Mil mean?
Trane Technologies (HAM:2IS) has a Retained Earnings of €9,136 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Trane Technologies and its competitors.
Is Trane Technologies' Retained Earnings too high?
Trane Technologies' current Retained Earnings is €9,136 Mil. Overall, Trane Technologies has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Trane Technologies' Retained Earnings compare to JCI and CARR?
Trane Technologies' Retained Earnings of €9,136 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 Retained Earnings for a Construction company?
A good Retained Earnings depends on the Construction industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Trane Technologies and its competitors. Trane Technologies's current Retained Earnings is €9,136 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 (HAM:2IS) is currently considered Fairly Valued. The stock's GF Value™ is €363.58, compared to a current price of €380.10 — trading 4.5% above its estimated fair value. The current Retained Earnings is €9,136 Mil. Trane Technologies' overall GF Score™ is 93/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Trane Technologies (HAM:2IS), the current Retained Earnings is €9,136 Mil 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.

Is Trane Technologies (HAM:2IS) Overvalued in 2026?

Based on GuruFocus' analysis, Trane Technologies stock appears to be overvalued. The current stock price of €380.10 is trading 4.5% above its estimated GF Value™ of €363.58. GuruFocus considers Trane Technologies to be Fairly Valued.

Key valuation signals for HAM:2IS:

  • Retained Earnings: €9,136 Mil
  • GF Value™: €363.58 vs. price of €380.10 (4.5% above fair value)
  • GF Score™: 93/100 with 1 warning sign

No single metric tells the full story. See the HAM:2IS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 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.
93GF Score

Get the complete analysis for HAM:2IS

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€380.10
Price
€363.58
GF Value