Trane Statistics

Share Statistics

Trane has 222.51M shares outstanding. The number of shares has increased by -1.18% in one year.

Shares Outstanding	222.51M
Shares Change (YoY)	-1.18%
Shares Change (QoQ)	-0.57%
Owned by Institutions (%)	85.06%
Shares Floating	221.96M
Failed to Deliver (FTD) Shares	50
FTD / Avg. Volume	n/a

Short Selling Information

The latest short interest is 3.5M, so 1.57% of the outstanding shares have been sold short.

Short Interest	3.5M
Short % of Shares Out	1.57%
Short % of Float	1.75%
Short Ratio (days to cover)	3.32

Valuation Ratios

The PE ratio is 32.29 and the forward PE ratio is 29.25. Trane's PEG ratio is 1.1.

PE Ratio	32.29
Forward PE	29.25
PS Ratio	4.18
Forward PS	4.1
PB Ratio	11.12
P/FCF Ratio	29.88
PEG Ratio	1.1

Financial Ratio History

Enterprise Valuation

Trane has an Enterprise Value (EV) of 86.09B.

EV / Sales	4.34
EV / EBITDA	22.31
EV / EBIT	27.37
EV / FCF	31.02

Financial Position

The company has a current ratio of 1.21, with a Debt / Equity ratio of 0.64.

Current Ratio	1.21
Quick Ratio	0.88
Debt / Equity	0.64
Debt / EBITDA	1.24
Debt / FCF	1.72
Interest Coverage	14.68

Financial Efficiency

Return on Equity is 34.43% and Return on Invested Capital is 19.43%.

Return on Equity	34.43%
Return on Assets	12.75%
Return on Invested Capital	19.43%
Revenue Per Employee	$440.85K
Profits Per Employee	$57.06K
Employee Count	45,000
Asset Turnover	0.98
Inventory Turnover	6.47

Taxes

Income Tax	627.6M
Effective Tax Rate	19.36%

Stock Price Statistics

The stock price has increased by 28.62% in the last 52 weeks. The beta is 1.09, so Trane's price volatility has been higher than the market average.

Beta	1.09
52-Week Price Change	28.62%
50-Day Moving Average	435.43
200-Day Moving Average	391.91
Relative Strength Index (RSI)	43.7
Average Volume (20 Days)	1,260,867

Income Statement

In the last 12 months, Trane had revenue of 19.84B and earned 2.57B in profits. Earnings per share was 11.44.

Revenue	19.84B
Gross Profit	7.08B
Operating Income	3.5B
Net Income	2.57B
EBITDA	3.86B
EBIT	3.48B
Earnings Per Share (EPS)	11.44

Full Income Statement

Balance Sheet

The company has 1.59B in cash and 4.77B in debt, giving a net cash position of -3.18B.

Cash & Cash Equivalents	1.59B
Total Debt	4.77B
Net Cash	-3.18B
Retained Earnings	9.79B
Total Assets	20.99B
Working Capital	706.9M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 3.15B and capital expenditures -370.6M, giving a free cash flow of 2.77B.

Operating Cash Flow	3.15B
Capital Expenditures	-370.6M
Free Cash Flow	2.77B
FCF Per Share	12.36

Full Cash Flow Statement

Margins

Gross margin is 35.69%, with operating and profit margins of 17.64% and 12.94%.

Gross Margin	35.69%
Operating Margin	17.64%
Pretax Margin	16.34%
Profit Margin	12.94%
EBITDA Margin	19.46%
EBIT Margin	17.64%
FCF Margin	13.99%

Dividends & Yields

TT pays an annual dividend of $4.5, which amounts to a dividend yield of 0.85%.

Dividend Per Share	$4.50
Dividend Yield	0.85%
Dividend Growth (YoY)	11.9%
Payout Ratio	35.52%
Earnings Yield	3.1%
FCF Yield	3.35%

Dividend Details

Analyst Forecast

The average price target for TT is $460, which is 7.4% higher than the current price. The consensus rating is "Hold".

Price Target	$460
Price Target Difference	7.4%
Analyst Consensus	Hold
Analyst Count	12

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$286
Lynch Upside	-33.2%
Graham Number	92.47
Graham Upside	-78.4%

Stock Splits

The last stock split was on Mar 2, 2020. It was a forward split with a ratio of 1289:1000.

Last Split Date	Mar 2, 2020
Split Type	forward
Split Ratio	1289:1000

Scores

Altman Z-Score	6.65
Piotroski F-Score	8

Trane Technologies (TT)