Trane Technologies reports 25% EPS growth and raises 2026 revenue guidance
Filed with the SEC on · Summarized by InvestorsBot
Trane Technologies reported third-quarter 2026 revenue of $6.8 billion, up 18% year over year, while GAAP continuing EPS rose 25% to $4.79 and adjusted continuing EPS reached $4.86. Bookings increased 21% to $7.2 billion, backlog rose 73% to $12.5 billion, and year-to-date free cash flow reached $2.8 billion; the company raised its full-year 2026 revenue-growth forecast to approximately 13.5% reported and 11% organic while reaffirming adjusted EPS guidance of $15.20 to $15.30.