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Trane Technologies Q2 Enterprise Backlog $7.1B Up +6% YoY

Benzinga
2025/07/30

Financial Comparisons - Second-Quarter Continuing Operations

               
$, millions except EPSQ2 2025Q2 2024Y-O-Y ChangeOrganic Y-O-Y Change
Bookings$5,626$5,3405%4%
Net Revenues$5,746$5,3078%7%
GAAP Operating Income$1,164$1,03413% 
GAAP Operating Margin20.3%19.5%80 bps
Adjusted Operating Income*$1,166$1,02714%
Adjusted Operating Margin*20.3%19.4%90 bps
Adjusted EBITDA*$1,250$1,11912%
Adjusted EBITDA Margin*21.8%21.1%70 bps
GAAP Continuing EPS$3.87$3.3316%
Adjusted Continuing EPS$3.88$3.3018%
Pre-Tax Non-GAAP Adjustments, net**$2.0$(7.1)$9.1

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