Trane Technologies
TT
#446
Rank
$40.77 B
Marketcap
$177.03
Share price
0.85%
Change (1 day)
2.60%
Change (1 year)

Operating Margin for Trane Technologies (TT)

Operating Margin as of January 2023 (TTM): 12.66%

According to Trane Technologies 's latest financial reports and stock price the company's current Operating Margin is 12.66%. At the end of 2021 the company had an Operating Margin of 12.67%.

Operating Margin history for Trane Technologies from 2001 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202112.67%22.47%
202010.34%-1.42%
201910.49%-0.98%
201810.60%6.11%
20179.99%-22.52%
201612.89%37.39%
20159.38%0.01%
20149.38%39.66%
20136.72%-26.16%
20129.10%119.25%
20114.15%-41.97%
20107.15%68.74%
20094.24%-120.19%
2008-20.99%-296.17%
200710.70%-6.11%
200611.39%-4.46%
200511.93%15.71%
200410.31%48.02%
20036.96%60.77%
20024.33%72.36%
20012.51%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
5.73%-99.81%๐Ÿ‡บ๐Ÿ‡ธ USA
12.66%-99.79%๐Ÿ‡ฎ๐Ÿ‡ช Ireland

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.