Trane Technologies Reports Strong Third-Quarter Results; Raises Full-Year Revenue Guidance, Reaffirms Full-Year EPS Guidance
Business Wire•29/10/2026•06:30 ET
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Key Highlights
- ➤Q3 revenue $6.8 billion, up 18%; organic revenue increased 16%
- ➤Adjusted continuing EPS $4.86, up 25% year over year
- ➤Backlog $12.5 billion, up 73%; organic bookings increased 20%
- ➤Full-year 2026 revenue growth guidance raised to approximately 13.5% reported
- ➤Full-year adjusted continuing EPS guidance reaffirmed at $15.20 to $15.30
Expert Statements
Dave Regnery, Chair and CEO of Trane Technologies
“We delivered strong performance in the third quarter, including organic revenue growth of 16 percent, record operating income and earnings-per-share growth of 25 percent,”
Dave Regnery, Chair and CEO of Trane Technologies
“Our focus on sustainability and energy efficiency continues to resonate with customers, driving bookings growth of 20 percent in the quarter and elevating our backlog to $12.5 billion.”
Dave Regnery, Chair and CEO of Trane Technologies
“We are raising our full-year revenue guidance and reaffirming our earnings-per-share guidance, even as we navigate supply chain and inflationary headwinds.”
Dave Regnery, Chair and CEO of Trane Technologies
“With our strong momentum, leading innovation and talented team, we are well positioned to continue delivering differentiated, long-term shareholder value.”
Trane Technologies Reports Strong Third-Quarter Results; Raises Full-Year Revenue Guidance, Reaffirms Full-Year EPS Guidance
Highlights (third-quarter 2026 versus third-quarter 2025, unless otherwise noted):
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