“Transactions that are denominated in a currency other than an entity's functional currency are subject to changes in exchange rates with the resulting gains and losses recorded within Other income/(expense), net.”10-K · Feb 5, 2026 ↗
Trane Technologies plc
TT
Market read
Trane Technologies plc's move is being confirmed by its market group.
TT accounts for 4.7% of the group's measured movement across 5.1 effective names. all 10 measured members are rising in raw terms, but 6 of 10 SPY-adjusted paths align to the upside. Capital-flow agreement is 19%, so confirmation is not yet clean. No verified headline preceded the measured group move.
Is this move genuinely shared?
No material onset for TT could be timestamped inside the aligned 5-minute window.
5 of 10 members in Industrial Infrastructure are active. 0 of 4 disclosed connections are confirming.
- At least 7 of 10 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as ENS begins moving with the group.
Invalidation: The live read weakens if participation falls to 3 of 10 members or fewer.
Research brief
The story so far
TT accounts for 4.7% of the group's measured movement across 5.1 effective names. all 10 measured members are rising in raw terms, but 6 of 10 SPY-adjusted paths align to the upside. Capital-flow agreement is 19%, so confirmation is not yet clean. No verified headline preceded the measured group move.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- At least 7 of 10 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as ENS begins moving with the group.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +7.5% year over year.
No qualifying adverse evidence was identified; that is not proof there is no downside.
No credible peer-relative valuation comparison is available yet.
Price as of Sep 11, 2026
442.59Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“The changes in ordinary shares issued and ordinary shares held in treasury for the year ended December 31, 2025 were as follows: In millions Ordinary shares issued Ordinary shares held in treasury December 31, 2024 249.0 24.5 Shares issued under incentive pla…”10-K · Feb 5, 2026 ↗
“The changes in the supplier financing program for the years ended December 31 were as follows: In millions 2025 2024 Balance outstanding at beginning of year $ 272.8 $ 246.0 Invoices confirmed during year 1,102.0 1,026.2 Confirmed invoices paid during year (…”10-K · Feb 5, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for TT. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for TT. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind TT
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depended on by
LIILennox International Inc.customerFeb 17, 2026 ▾
“Home Comfort Solutions • Heating & Cooling Products - Carrier Global Corporation (Carrier, Bryant, Payne, Tempstar, Comfortmaker, Heil, Arcoaire, KeepRite, Day & Night); Trane Technologies plc (Trane, American Standard, Ameristar, Oxbox, RunTru); Paloma Indus…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 3 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
TT is currently a Follower in the organic co-movement group Industrial Infrastructure. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.