earnings
confidence high
sentiment positive
materiality 0.80
Trane Technologies Q4 revenues $4.1B +14%, adj. EPS $1.82 +34%; backlog $6.9B +27%
Trane Technologies plc
2022-FY EPS reported
$7.48
revenue$15,991,700,000
- Q4 reported revenues $4.1B, up 14% YoY; organic revenues up 16%.
- GAAP continuing EPS $1.91; adjusted continuing EPS $1.82, up 34% YoY.
- Full-year 2022 reported revenues $16.0B, up 13%; adjusted EPS $7.36, up 21%.
- Backlog of $6.9B at year-end, up 27% YoY, providing strong visibility for 2023.
- GAAP operating margin improved 210 bps in Q4; adjusted operating margin up 120 bps.