Trane Technologies plc has recently released its 10-K report, providing a comprehensive overview of its business and financial performance. Trane Technologies plc is a global climate innovator, offering a wide range of solutions for heating, ventilation, air conditioning, and refrigeration. The company's strategic brands, Trane® and Thermo King®, provide sustainable and efficient products, services, and connected intelligent controls for buildings, homes, and transportation.
In the 10-K report, Trane Technologies plc discusses its 2030 Sustainability Commitments, including ambitious targets to reduce customers' carbon emissions by a billion metric tons and achieve carbon-neutral operations. The company has also made significant acquisitions, such as BrainBox AI Inc. and multiple distributors in Europe, to strengthen its market presence and offerings.
The report also addresses the reorganization of Aldrich and Murray, two of the company's subsidiaries that filed for Chapter 11 bankruptcy. Trane Technologies plc has been working towards the resolution of all current and future asbestos-related claims against these subsidiaries through a plan of reorganization.
In terms of financial performance, Trane Technologies plc reported a 7.5% increase in net revenues for the year ended December 31, 2025, compared to the same period in 2024. The growth was driven by higher volumes, price increases, and incremental revenue from acquisitions. The company also provided a breakdown of its non-GAAP financial measures, including organic revenue, segment adjusted EBITDA, and segment adjusted operating income, to offer investors a more comprehensive view of its financial performance.
The market has reacted to these announcements by moving the company's shares 0.58% to a price of $389.53. For more information, read the company's full 10-K submission here.
