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Swords, Ireland-based Trane Technologies plc (TT) designs, manufactures, sells, and services industrial equipment. With a market cap of $81.4 billion, the company offers central heaters, air conditioners, electric vehicles, air cleaners, and fluid handling products.
Shares of the global climate innovator have outperformed the broader market over the past year. TT has gained 36.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 22.8%. However, in 2025, TT stock is up marginally, compared to the SPX’s 4.5% rise on a YTD basis.