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Trane Technologies (Trane Technologies) EV-to-EBIT : 26.24 (As of May. 07, 2024)


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What is Trane Technologies EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Trane Technologies's Enterprise Value is $77,763 Mil. Trane Technologies's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $2,963 Mil. Therefore, Trane Technologies's EV-to-EBIT for today is 26.24.

The historical rank and industry rank for Trane Technologies's EV-to-EBIT or its related term are showing as below:

TT' s EV-to-EBIT Range Over the Past 10 Years
Min: 7.97   Med: 15.42   Max: 28.02
Current: 26.24

During the past 13 years, the highest EV-to-EBIT of Trane Technologies was 28.02. The lowest was 7.97. And the median was 15.42.

TT's EV-to-EBIT is ranked worse than
82.42% of 1337 companies
in the Construction industry
Industry Median: 11.43 vs TT: 26.24

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Trane Technologies's Enterprise Value for the quarter that ended in Mar. 2024 was $72,107 Mil. Trane Technologies's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $2,963 Mil. Trane Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.11%.


Trane Technologies EV-to-EBIT Historical Data

The historical data trend for Trane Technologies's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Trane Technologies EV-to-EBIT Chart

Trane Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.61 23.86 24.81 17.57 21.10

Trane Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.78 18.64 18.50 21.10 24.33

Competitive Comparison of Trane Technologies's EV-to-EBIT

For the Building Products & Equipment subindustry, Trane Technologies's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Trane Technologies's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Trane Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Trane Technologies's EV-to-EBIT falls into.



Trane Technologies EV-to-EBIT Calculation

Trane Technologies's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=77762.943/2963.2
=26.24

Trane Technologies's current Enterprise Value is $77,763 Mil.
Trane Technologies's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,963 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Trane Technologies  (NYSE:TT) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Trane Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=2963.2/72107.0398
=4.11 %

Trane Technologies's Enterprise Value for the quarter that ended in Mar. 2024 was $72,107 Mil.
Trane Technologies's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,963 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Trane Technologies EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Trane Technologies's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Trane Technologies (Trane Technologies) Business Description

Address
170/175 Lakeview Drive, Airside Business Park, Swords County, Dublin, IRL
Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The $16 billion company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for over 70% of its revenue.
Executives
Mark Majocha officer: VP & Chief Accounting Officer C/O TRANE TECHNOLOGIES COMPANY LLC, 800-E BEATY STREET, DAVIDSON NC 28036
David S Regnery director, officer: Chair and CEO C/O INTERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Raymond D Pittard officer: Executive Vice President 800-E BEATY STREET, DAVIDSON NC 28036
Keith A Sultana officer: Senior Vice President C/O INGERSOLL RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Mairead Magner officer: Senior Vice President 800-E BEATY STREET, DAVIDSON NC 28036
De Jesus Assis Ana Paula director C/O TRANE TECHNOLOGIES COMPANY LLC, 800-E BEATY STREET, DAVIDSON NC 28036
Evan M Turtz officer: Senior Vice President C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Linda P Hudson director
Paul A Camuti officer: Senior Vice President 800-E BEATY STREET, DAVIDSON NC 28036
Christopher J Kuehn officer: Vice President & Controller 800-E BEATY STREET, DAVIDSON NC 28036
John A Hayes director C/O BALL CORP, 10 LONGS PEAK DR, BROOMFIELD CO 80021-2510
Melissa N. Schaeffer director 1940 AIR PRODUCTS BLVD., ALLENTOWN PA 18106
Mark R George director 650 W PEACHTREE ST NW, ATLANTA GA 30308
Marcia J Avedon officer: Senior Vice President C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Michael W Lamach director, officer: President and CEO C/O INGERSOLL-RAND CO, 800-E BEATY STREET, DAVIDSON NC 28036