Trane Technologies Q3 2025: Record bookings $6B (+15%), EPS $3.88 (+15%)

Trane Technologies plc

2025-Q3 EPS reported $10.33 revenue$16,177,400,000

Record enterprise bookings of $6.0B, up 15% YoY; organic bookings up 13%.
GAAP continuing EPS $3.82; adjusted continuing EPS $3.88, up 15% YoY.
GAAP operating margin +150 bps; adjusted operating margin +170 bps YoY.
Americas Commercial HVAC bookings +30%; applied solutions up +100%.
Enterprise backlog $7.2B, up 7% vs. year-end 2024.

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