Trane Technologies Reports Strong Second Quarter Results; Raises Full-Year Revenue and EPS Guidance
Trane Technologies reported Q2 revenue of $6.4 billion, up 11% year-over-year, with adjusted EPS of $4.31, an 11% increase driven by strong execution and demand. Bookings surged 37% organically to a record $7.8 billion, resulting in a book-to-bill ratio of 123% and a record backlog of $12.1 billion, up 70% from the prior year.
Key figures
- Eps
- 4.31
- Revenue
- 6354000000
- Guidance
- FY26 reported revenue growth ~11.5%, organic revenue growth ~9%; adjusted EPS $15.20-$15.30
- Revenue Yoy
- 11%
- Backlog
- 12100000000
- Book to bill
- 123%
- Free cash flow ytd
- 1602700000
- Organic bookings yoy
- 37%
- Share repurchases ytd
- 840000000
AI analysis
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