Trane Technologies Q4 2025 adjusted EPS up 10%; 2026 EPS guidance $14.65-$14.85
Trane Technologies reported fourth-quarter 2025 revenue of $5.1 billion, up 6 percent, and adjusted continuing EPS of $2.86, up 10 percent, with GAAP continuing EPS of $2.74. For full-year 2025, revenue was $21.3 billion, up 7 percent, and GAAP continuing EPS was $13.14, up 16 percent. The company guided to 2026 GAAP and adjusted continuing EPS of $14.65 to $14.85, with reported revenue growth of 8.5 to 9.5 percent.
Key points
- Q4 2025 reported revenues $5.1 billion, up 6 percent; organic revenues up 4 percent
- Q4 2025 GAAP operating margin fell 70 basis points to 15.9 percent; adjusted operating margin was flat at 16.3 percent
- Full-year 2025 GAAP continuing EPS $13.14 and adjusted $13.06, up 16 percent
- 2026 guidance: EPS $14.65 to $14.85 and reported revenue growth of approximately 8.5 to 9.5 percent
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 January 29, 2026.
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.