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Trane Technologies plc (TT) is a global climate innovator headquartered in Swords, Ireland, with North American operations based in Davidson, North Carolina. With a market cap of $95.9 billion, the company specializes in energy-efficient heating, ventilation, and air conditioning (HVAC) systems, as well as transport refrigeration solutions.
Shares of TT have outperformed the broader market over the past year. TT has gained 29.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 11.9%. In 2025, TT stock is up 16.4%, compared to the SPX’s 1% rise on a YTD basis.
