Trane Technologies
TT
#197
Rank
$89.97 B
Marketcap
$399.36
Share price
-0.08%
Change (1 day)
67.76%
Change (1 year)

Operating Margin for Trane Technologies (TT)

Operating Margin as of December 2024 (TTM): 14.52%

According to Trane Technologies 's latest financial reports and stock price the company's current Operating Margin is 14.52%. At the end of 2023 the company had an Operating Margin of 14.52%.

Operating Margin history for Trane Technologies from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202314.52%6.92%
202213.58%7.23%
202112.67%22.47%
202010.34%-3.32%
201910.70%4.99%
201810.19%2.03%
20179.99%-22.52%
201612.89%37.39%
20159.38%0.01%
20149.38%39.66%
20136.72%-5.04%
20127.07%378.6%
20111.48%-79.53%
20107.22%60.47%
20094.50%-121.59%
2008-20.84%-294.76%
200710.70%0.22%
200610.68%-10.49%
200511.93%15.71%
200410.31%48.02%
20036.96%60.77%
20024.33%178.11%
20011.56%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
10.69%-26.38%๐Ÿ‡บ๐Ÿ‡ธ USA
14.52% 0.00%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.