Trane Technologies
TT
$291.90
Share price
0.81%
Change (1 day)
65.76%
Change (1 year)
Operating Margin for Trane Technologies (TT)
Operating Margin as of April 2024 (TTM): 13.58%
According to Trane Technologies 's latest financial reports and stock price the company's current Operating Margin is 13.58%. At the end of 2022 the company had an Operating Margin of 13.58%.
Operating Margin history for Trane Technologies from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 13.58% | 7.23% |
| 2021 | 12.67% | 22.47% |
| 2020 | 10.34% | -1.42% |
| 2019 | 10.49% | -0.98% |
| 2018 | 10.60% | 6.11% |
| 2017 | 9.99% | -22.52% |
| 2016 | 12.89% | 37.39% |
| 2015 | 9.38% | 0.01% |
| 2014 | 9.38% | 39.66% |
| 2013 | 6.72% | -26.16% |
| 2012 | 9.10% | 119.25% |
| 2011 | 4.15% | -41.97% |
| 2010 | 7.15% | 68.74% |
| 2009 | 4.24% | -120.19% |
| 2008 | -20.99% | -296.17% |
| 2007 | 10.70% | -6.11% |
| 2006 | 11.39% | -4.46% |
| 2005 | 11.93% | 15.71% |
| 2004 | 10.31% | 48.02% |
| 2003 | 6.96% | 60.77% |
| 2002 | 4.33% | 72.36% |
| 2001 | 2.51% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 SPX Corporation SPXC | 1.85% | -86.38% | 🇺🇸 USA |
 Trane Technologies
TT | 13.58% | 0.00% | 🇮🇪 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.