Trane Technologies plc Files 2024 10-K

Ticker: TT · Form: 10-K · Filed: 2025-02-06T00:00:00.000Z

Sentiment: neutral

Topics: 10-K, annual-report, financials

TL;DR

Trane Tech 2024 10-K is in. Full financials and biz details out.

AI Summary

Trane Technologies plc filed its 2024 10-K on February 6, 2025, reporting on its fiscal year ending December 31, 2024. The company, formerly known as Ingersoll-Rand plc, is a leader in climate control solutions. The filing details its financial performance and business operations, including its primary business address in Swords, Co. Dublin, Ireland, and its mail address in Davidson, North Carolina.

Why It Matters

This filing provides investors and stakeholders with a comprehensive overview of Trane Technologies' financial health and strategic direction for the fiscal year 2024, crucial for understanding the company's performance in the climate control industry.

Risk Assessment

Risk Level: low — This is a standard annual report filing (10-K) which is routine for publicly traded companies and does not inherently indicate new or elevated risks.

Key Players & Entities

FAQ

What is Trane Technologies plc's primary business?

Trane Technologies plc is primarily involved in auto controls for regulating residential & commercial environments, as indicated by its SIC code 3822.

When did Trane Technologies plc change its name from Ingersoll-Rand plc?

The date of the name change from Ingersoll-Rand plc to Trane Technologies plc was June 12, 2009.

What is the filing date of this 10-K report?

This 10-K report was filed on February 6, 2025.

What is the fiscal year end for the period covered by this 10-K?

The fiscal year end for the period covered by this 10-K is December 31, 2024.

Where is Trane Technologies plc's business address listed?

Trane Technologies plc's business address is listed as 170/175 Lakeview Drive, Airside Business Park, Swords, Co. Dublin, L2, 00000.

From the Filing

0001466258-25-000039.txt : 20250206 0001466258-25-000039.hdr.sgml : 20250206 20250206161359 ACCESSION NUMBER: 0001466258-25-000039 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 149 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250206 DATE AS OF CHANGE: 20250206 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Trane Technologies plc CENTRAL INDEX KEY: 0001466258 STANDARD INDUSTRIAL CLASSIFICATION: AUTO CONTROLS FOR REGULATING RESIDENTIAL & COMML ENVIRONMENT [3822] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 000000000 STATE OF INCORPORATION: L2 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34400 FILM NUMBER: 25597528 BUSINESS ADDRESS: STREET 1: 170/175 LAKEVIEW DRIVE STREET 2: AIRSIDE BUSINESS PARK, SWORDS, CITY: CO. DUBLIN STATE: L2 ZIP: 00000 BUSINESS PHONE: 732-652-7000 MAIL ADDRESS: STREET 1: C/O TRANE TECHNOLOGIES STREET 2: 800-E BEATY STREET CITY: DAVIDSON STATE: NC ZIP: 28036 FORMER COMPANY: FORMER CONFORMED NAME: Ingersoll-Rand plc DATE OF NAME CHANGE: 20090612 10-K 1 tt-20241231.htm 10-K tt-20241231 0001466258 2024 FY FALSE 00000 http://fasb.org/us-gaap/2024#OtherAssetsCurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherAssetsCurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#MeasurementInputDiscountRateMember http://fasb.org/us-gaap/2024#MeasurementInputDiscountRateMember http://fasb.org/us-gaap/2024#MeasurementInputPriceVolatilityMember http://fasb.org/us-gaap/2024#MeasurementInputPriceVolatilityMember http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#NonoperatingIncomeExpense http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure iso4217:EUR xbrli:shares 0001466258 2024-01-01 2024-12-31 0001466258 us-gaap:CommonStockMember 2024-01-01 2024-12-31 0001466258 tt:FivePointTwentyFivePercentSeniorNotesDueTwoThousandThirtyThreeMember 2024-01-01 2024-12-31 0001466258 tt:FivePointOneZeroPercentSeniorNotesDueTwoThousandThirtyFourMember 2024-01-01 2024-12-31 0001466258 2024-06-30 0001466258 2025-01-31 0001466258 tt:A2022AuthorizationDomain 2022-02-28 0001466258 tt:A2024AuthorizationDomain 2024-12-05 0001466258 tt:A2022AuthorizationDomain 2024-10-01 2024-12-31 0001466258 tt:A2022AuthorizationDomain 2024-12-31 0001466258 tt:A2024AuthorizationDomain 2024-12-31 0001466258 2024-10-01 2024-12-31 0001466258 tt:PaulCamutiMember 2024-10-01 2024-12-31 0001466258 tt:PaulCamutiMember 2024-12-31 0001466258 tt:DonaldE.SimmonsMember 2024-10-01 2024-12-31 0001466258 tt:DonaldE.SimmonsMember 2024-12-31 0001466258 us-gaap:ProductMember 2024-01-01 2024-12-31 0001466258 us-gaap:ProductMember 2023-01-01 2023-12-31 0001466258 us-gaap:ProductMember 2022-01-01 2022-12-31 0001466258 us-gaap:ServiceMember 2024-01-01 2024-12-31 0001466258 us-gaap:ServiceMember 2023-01-01 2023-12-31 0001466258 us-gaap:ServiceMember 2022-01-01 2022-12-31 0001466258 2023-01-01 2023-12-31 0001466258 2022-01-01 2022-12-31 0001466258 2024-12-31 0001466258 2023-12-31 0001466258 2021-12-31 0001466258 us-gaap:CommonStockMember 2021-12-31 0001466258 us-gaap:TreasuryStockCommonMember 2021-12-31 0001466258 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001466258 us-gaap:RetainedEarningsMember 2021-12-31 0001466258 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001466258 us-gaap:NoncontrollingInterestMember 2021-12-31 0001466258 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001466258 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001466258 us-gaap:RetainedEarningsMemb

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