Trane Technologies — Third Quarter 2026 Earnings Summary

Trane Technologies reported third-quarter 2026 results with reported revenues of $6.8 billion, representing an 18% year-over-year increase, while organic revenues grew by 16%. The company achieved a backlog of $12.5 billion, up 73% from the prior year, driven by a 20% increase in organic bookings across all segments. Diluted earnings per share from continuing operations reached $4.79, a 25% rise compared to the same period in 2025, with adjusted continuing EPS at $4.86. Consequently, Trane Technologies raised its full-year 2026 revenue guidance to approximately 13.5% growth while reaffirming its adjusted earnings per share guidance of $15.20 to $15.30.