Trane Technologies Q2 adjusted EPS rises 18% to $3.88; raises 2025 revenue and EPS guidance
Trane Technologies reported second-quarter 2025 net revenues of $5.7 billion, up 8 percent, with GAAP continuing EPS of $3.87, up 16 percent, and adjusted continuing EPS of $3.88, up 18 percent. The company raised its full-year 2025 revenue and EPS guidance, now expecting reported revenue growth of about 9 percent and adjusted continuing EPS of about $13.05.
Key points
- Q2 2025 net revenues of $5,746 million, up 8 percent; GAAP continuing EPS $3.87 versus $3.33 a year earlier
- Full-year 2025 guidance: reported revenue growth of about 9 percent, GAAP continuing EPS of about $13.30, adjusted continuing EPS of about $13.05
- Record enterprise bookings of $5.6 billion, up 5 percent; backlog of $7.1 billion at June 30, 2025
- Asia Pacific revenues fell 7 percent and GAAP operating margin fell 280 basis points; EMEA GAAP operating margin fell 140 basis points
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.