earnings
confidence high
sentiment positive
materiality 0.75
Trane Technologies Q4 2021 revenue $3.6B (+12%), adj EPS $1.36 (+32%), backlog $5.4B record
Trane Technologies plc
2021-FY EPS reported
$5.87
revenue$14,136,400,000
- Q4 2021 revenue $3.6B (+12% YoY); organic revenue +11%; GAAP continuing EPS $1.35, adjusted EPS $1.36 (+32%).
- Record Q4 bookings $4.1B (+28%); full-year bookings $16.8B (+29%).
- Record backlog $5.4B, up 88% YoY, positioning for 2022-2023.
- Full-year 2021 GAAP continuing EPS $5.96; adjusted EPS $6.09 (+37%).
- GAAP operating margin expanded 200 bps; adjusted operating margin +140 bps.